Darden Restaurants Inc.
Income Statement
| Line Item | FY2010 | FY2009 | FY2008 |
|---|---|---|---|
| Revenue | $7.11B | $7.22B | $6.63B |
| Olive Garden | $3.32B | — | — |
| LongHorn Steakhouse | $880.0M | — | — |
| Red Lobster | $2.49B | — | — |
| Specialty Restaurant Group | $422.0M | — | — |
| Fine Dining | — | — | — |
| Other Business | — | — | — |
| Other | $1.0M | — | — |
| Cost of Revenue | $5.48B | $5.64B | $5.14B |
| Gross Profit | $1.63B | $1.58B | $1.49B |
| Gross Margin | 22.9% | 21.9% | 22.5% |
| Operating Expenses | |||
| Research & Development | — | — | — |
| SG&A Expense | $690.7M | $665.6M | $641.7M |
| Operating Income | $639.3M | $626.2M | $514.7M |
| Operating Margin | 9.0% | 8.7% | 7.8% |
| Interest Expense | $95.7M | $113.7M | — |
| Pretax Income | $543.6M | $512.5M | $514.7M |
| Income Tax Expense | $136.6M | $140.7M | $145.2M |
| Net Income | $404.5M | $372.2M | $377.2M |
| Net Margin | 5.7% | 5.2% | 5.7% |
| EPS (Basic) | $2.90 | $2.71 | $2.69 |
| EPS (Diluted) | $2.84 | $2.65 | $2.60 |
| Shares Outstanding (Basic) | 139.3M | 137.4M | 140.4M |
| Shares Outstanding (Diluted) | 142.4M | 140.4M | 145.1M |
| Dividends Per Share | $1.00 | $0.80 | $0.72 |