CIRRUS LOGIC, INC.
Income Statement
| Line Item | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.53B | $1.54B | $1.17B | $916.6M | $714.3M | $809.8M | $426.8M | $369.6M |
| Cost of Revenue | $771.5M | $781.1M | $614.4M | $490.8M | $358.2M | $414.6M | $196.4M | $167.6M |
| Gross Profit | $760.7M | $757.8M | $554.8M | $425.7M | $356.2M | $395.2M | $230.4M | $202.0M |
| Gross Margin | 49.6% | 49.2% | 47.5% | 46.5% | 49.9% | 48.8% | 54.0% | 54.7% |
| Operating Expenses | ||||||||
| Research & Development | $366.4M | $303.7M | $269.2M | $197.9M | $126.2M | $114.1M | $85.7M | $63.9M |
| SG&A Expense | $131.8M | $127.3M | $117.1M | $99.5M | $74.9M | $77.0M | $65.2M | $58.7M |
| Operating Income | $262.5M | $317.1M | $180.2M | $108.8M | $155.0M | $200.8M | $79.5M | $83.3M |
| Operating Margin | 17.1% | 20.6% | 15.4% | 11.9% | 21.7% | 24.8% | 18.6% | 22.5% |
| Interest Expense | $1.2M | $3.6M | $3.3M | $5.6M | — | — | — | — |
| Pretax Income | $265.1M | $315.0M | $176.0M | $91.5M | $155.7M | $201.2M | $80.0M | $84.2M |
| Income Tax Expense | $103.1M | $53.8M | $52.4M | $36.4M | $47.6M | $64.6M | $-8.0M | $-119.3M |
| Net Income | $162.0M | $261.2M | $123.6M | $55.2M | $108.1M | $136.6M | $88.0M | $203.5M |
| Net Margin | 10.6% | 17.0% | 10.6% | 6.0% | 15.1% | 16.9% | 20.6% | 55.1% |
| EPS (Basic) | $2.55 | $4.12 | $1.96 | $0.88 | $1.72 | $2.12 | $1.35 | $3.00 |
| EPS (Diluted) | $2.46 | $3.92 | $1.87 | $0.85 | $1.65 | $2.00 | $1.29 | $2.82 |
| Shares Outstanding (Basic) | 63.4M | 63.3M | 63.2M | 62.5M | 62.9M | 64.6M | 64.9M | 67.9M |
| Shares Outstanding (Diluted) | 66.0M | 66.6M | 66.0M | 65.2M | 65.5M | 68.5M | 68.1M | 72.1M |
| Dividends Per Share | — | — | — | — | — | — | — | — |