CARTER’S, INC.
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $3.43B | $3.23B | $2.89B | $2.92B | $2.66B | $2.43B | $2.18B | $1.59B |
| U.S. Wholesale | $1.23B | $1.19B | — | $1.13B | $0 | $0 | $0 | — |
| U.S. Retail | $1.75B | $1.62B | — | $1.42B | $0 | $0 | $0 | — |
| Carter's Wholesale | $0 | $0 | — | $0 | $1.00B | $963.1M | $916.9M | — |
| Carter's Retail | $0 | $0 | — | $0 | $1.01B | $867.0M | $742.4M | — |
| OshKosh Wholesale | $0 | $0 | — | $0 | $85.0M | $84.4M | $86.6M | — |
| OshKosh Retail | $0 | $0 | — | $0 | $317.5M | $311.7M | $282.2M | — |
| International | $421.1M | $384.0M | — | $349.0M | $211.7M | $172.1M | $122.2M | — |
| Royalty Income | $35.3M | $34.4M | — | $29.8M | $32.2M | $31.4M | $29.8M | — |
| Cost of Revenue | $1.92B | $1.82B | $1.71B | — | $1.54B | $1.44B | $1.42B | $985.3M |
| Gross Profit | $1.48B | $1.38B | $1.18B | — | $1.10B | $937.9M | $692.3M | $604.4M |
| Gross Margin | 43.2% | 42.6% | 40.9% | — | 41.2% | 38.6% | 31.8% | 38.0% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $1.11B | $995.4M | $890.3M | — | $868.5M | $713.2M | $542.1M | $428.7M |
| Operating Income | $419.6M | $425.9M | $333.3M | — | $264.2M | $262.0M | $187.5M | $195.6M |
| Operating Margin | 12.2% | 13.2% | 11.5% | — | 9.9% | 10.8% | 8.6% | 12.3% |
| Interest Expense | $30.0M | $27.0M | $27.7M | — | $13.4M | $6.8M | $7.5M | $12.0M |
| Pretax Income | $391.1M | $395.4M | $302.9M | — | $249.5M | $255.4M | $180.9M | $183.8M |
| Income Tax Expense | $88.2M | $137.7M | $108.2M | — | $89.1M | $94.2M | $66.9M | $68.2M |
| Net Income | $302.8M | $257.7M | $194.7M | — | $160.4M | $161.2M | $114.0M | $115.6M |
| Net Margin | 8.8% | 8.0% | 6.7% | — | 6.0% | 6.6% | 5.2% | 7.3% |
| EPS (Basic) | $6.31 | $5.12 | $3.65 | — | $2.78 | $2.73 | $1.96 | $2.03 |
| EPS (Diluted) | $6.24 | $5.08 | $3.62 | — | $2.75 | $2.69 | $1.94 | $1.97 |
| Shares Outstanding (Basic) | 47.6M | 49.9M | 52.6M | 53.6M | 56.9M | 58.2M | 57.5M | 56.7M |
| Shares Outstanding (Diluted) | 48.1M | 50.4M | 53.1M | 53.6M | 57.5M | 59.1M | 58.2M | 58.3M |
| Dividends Per Share | $1.48 | $1.32 | $0.76 | — | $0.48 | $0.00 | $0.00 | — |