CAVCO INDUSTRIES, INC.
Income Statement
| Line Item | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $871.2M | $773.8M | $712.4M | $566.7M | $533.3M | $452.3M | $443.1M | $171.8M |
| Cost of Revenue | $690.6M | $615.8M | $567.9M | $440.5M | $413.9M | $351.9M | $347.1M | $147.5M |
| Gross Profit | $180.7M | $158.0M | $144.4M | $126.1M | $119.5M | $100.4M | $95.9M | $24.3M |
| Gross Margin | 20.7% | 20.4% | 20.3% | 22.3% | 22.4% | 22.2% | 21.7% | 14.1% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $106.9M | $101.2M | $98.1M | $87.7M | $87.9M | $79.3M | $79.8M | $21.3M |
| Operating Income | $73.8M | $56.8M | $46.3M | $38.5M | $31.5M | $21.0M | $16.1M | $2.9M |
| Operating Margin | 8.5% | 7.3% | 6.5% | 6.8% | 5.9% | 4.7% | 3.6% | 1.7% |
| Interest Expense | $4.4M | $4.4M | $4.4M | $4.6M | $4.8M | $6.0M | $7.3M | $0 |
| Pretax Income | $78.5M | $55.3M | $44.0M | $37.3M | $27.8M | $16.6M | $32.2M | $5.0M |
| Income Tax Expense | $17.0M | $17.3M | $15.5M | $13.5M | $9.1M | $6.4M | $2.5M | $889.0K |
| Net Income | $61.5M | $38.0M | $28.5M | $23.8M | $16.2M | $5.0M | $15.2M | $2.8M |
| Net Margin | 7.1% | 4.9% | 4.0% | 4.2% | 3.0% | 1.1% | 3.4% | 1.6% |
| EPS (Basic) | $6.82 | $4.23 | $3.21 | $2.69 | $1.97 | $0.71 | $2.22 | $0.43 |
| EPS (Diluted) | $6.68 | $4.17 | $3.15 | $2.64 | $1.94 | $0.71 | $2.19 | $0.41 |
| Shares Outstanding (Basic) | 9.0M | 9.0M | 8.9M | 8.9M | 8.3M | 7.0M | 6.9M | 6.6M |
| Shares Outstanding (Diluted) | 9.2M | 9.1M | 9.0M | 9.0M | 8.4M | 7.0M | 6.9M | 6.9M |
| Dividends Per Share | — | — | — | — | — | — | — | — |