Darden Restaurants Inc.
Income Statement
| Line Item | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $8.08B | $7.17B | $6.93B | $6.76B | $8.76B | $8.55B | $8.00B | $7.50B |
| Olive Garden | $4.08B | — | $3.84B | $3.79B | $3.64B | $3.68B | $3.58B | $3.49B |
| LongHorn Steakhouse | $1.70B | — | $1.59B | $1.55B | $1.38B | $1.23B | $1.12B | $984.0M |
| Red Lobster | — | — | — | — | $2.46B | $2.62B | $2.67B | $2.52B |
| Specialty Restaurant Group | — | — | — | — | $1.23B | $986.0M | $623.0M | $502.0M |
| Fine Dining | $574.0M | — | $514.0M | $500.0M | — | — | — | — |
| Other Business | $1.72B | — | $993.0M | $930.0M | — | — | — | — |
| Other | — | — | — | — | $50.0M | $33.0M | $6.0M | $4.0M |
| Cost of Revenue | — | — | — | — | $4.99B | $4.62B | $4.09B | $5.70B |
| Gross Profit | $1.49B | $1.33B | $1.30B | $1.18B | $1.04B | $1.06B | $3.91B | $1.80B |
| Gross Margin | 18.5% | 18.5% | 18.8% | 17.4% | 11.9% | 12.4% | 48.9% | 24.0% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $409.8M | $387.7M | $384.9M | $430.2M | $663.5M | $625.4M | $540.1M | $742.7M |
| Operating Income | $766.8M | $677.5M | $622.2M | $367.6M | $308.9M | $400.0M | $457.8M | $741.3M |
| Operating Margin | 9.5% | 9.4% | 9.0% | 5.4% | 3.5% | 4.7% | 5.7% | 9.9% |
| Interest Expense | $152.4M | $34.4M | $165.4M | $186.2M | $134.0M | $126.2M | $102.7M | $93.7M |
| Pretax Income | $605.7M | $637.3M | $449.7M | $175.3M | $174.6M | $274.0M | $355.1M | $647.6M |
| Income Tax Expense | $1.9M | $154.8M | $90.0M | $-21.1M | $-8.6M | $36.7M | $75.9M | $168.9M |
| Net Income | $596.0M | $479.1M | $375.0M | $709.5M | $286.2M | $411.9M | $475.5M | $476.3M |
| Net Margin | 7.4% | 6.7% | 5.4% | 10.5% | 3.3% | 4.8% | 5.9% | 6.4% |
| EPS (Basic) | $4.81 | $3.85 | $2.94 | $5.56 | $2.18 | $3.19 | $3.65 | $3.48 |
| EPS (Diluted) | $4.73 | $3.80 | $2.90 | $5.47 | $2.15 | $3.13 | $3.57 | $3.39 |
| Shares Outstanding (Basic) | 124.0M | 124.3M | 127.4M | 127.7M | 131.0M | 129.0M | 130.1M | 136.8M |
| Shares Outstanding (Diluted) | 126.0M | 126.0M | 129.3M | 129.7M | 133.2M | 131.6M | 133.2M | 140.3M |
| Dividends Per Share | $2.52 | $2.24 | $2.10 | $2.20 | $2.20 | $2.00 | $1.72 | $1.28 |