Curtiss-Wright Corporation
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.27B | $2.11B | $2.21B | $2.24B | $2.12B | $1.82B | $2.02B | $1.85B |
| Cost of Revenue | $1.47B | $1.37B | $1.42B | $1.47B | $1.38B | $1.21B | $1.36B | $1.25B |
| Gross Profit | $800.8M | $734.7M | $783.3M | $776.5M | $735.8M | $612.4M | $656.9M | $606.3M |
| Gross Margin | 35.3% | 34.8% | 35.5% | 34.6% | 34.7% | 33.6% | 32.6% | 32.7% |
| Operating Expenses | ||||||||
| Research & Development | $61.4M | $59.4M | $60.8M | $67.8M | $63.6M | $54.4M | $62.1M | $54.1M |
| SG&A Expense | $292.4M | $265.6M | $290.3M | $298.3M | $306.7M | $269.1M | $288.5M | $273.7M |
| Operating Income | $325.1M | $296.5M | $310.6M | $282.4M | $237.1M | $181.4M | $186.9M | $166.7M |
| Operating Margin | 14.3% | 14.1% | 14.1% | 12.6% | 11.2% | 9.9% | 9.3% | 9.0% |
| Interest Expense | $41.5M | $41.2M | $36.0M | $35.8M | $37.1M | $26.3M | $20.8M | $22.1M |
| Pretax Income | $299.6M | $268.0M | $275.2M | $246.9M | $201.1M | $155.2M | $166.9M | $145.2M |
| Income Tax Expense | $84.7M | $78.6M | $82.9M | $77.0M | $61.6M | $51.1M | $48.3M | $47.3M |
| Net Income | $214.9M | $187.3M | $145.5M | $113.3M | $138.0M | $113.8M | $126.4M | $102.2M |
| Net Margin | 9.5% | 8.9% | 6.6% | 5.1% | 6.5% | 6.2% | 6.3% | 5.5% |
| EPS (Basic) | $4.86 | $4.22 | $3.12 | $2.36 | $2.94 | $2.44 | $2.73 | $2.23 |
| EPS (Diluted) | $4.80 | $4.15 | $3.05 | $2.31 | $2.88 | $2.41 | $2.69 | $2.21 |
| Shares Outstanding (Basic) | 44.2M | 44.4M | 46.6M | 48.0M | 47.0M | 46.7M | 46.4M | 45.8M |
| Shares Outstanding (Diluted) | 44.8M | 45.0M | 47.6M | 49.1M | 47.9M | 47.4M | 47.0M | 46.3M |
| Dividends Per Share | $0.56 | $0.52 | $0.52 | $0.52 | $0.39 | $0.35 | $0.32 | $0.32 |