Elme Communities
Income Statement
| Line Item | FY2009 | FY2008 |
|---|---|---|
| Revenue | $256.5M | $268.7M |
| Cost of Revenue | — | — |
| Gross Profit | — | — |
| Gross Margin | — | — |
| Operating Expenses | ||
| Research & Development | — | — |
| SG&A Expense | $13.1M | $12.1M |
| Operating Income | $76.6M | $83.4M |
| Operating Margin | 29.9% | 31.0% |
| Interest Expense | $72.7M | $74.1M |
| Pretax Income | — | — |
| Income Tax Expense | — | — |
| Net Income | $40.7M | $27.1M |
| Net Margin | 15.9% | 10.1% |
| EPS (Basic) | $0.71 | $0.55 |
| EPS (Diluted) | $0.71 | $0.55 |
| Shares Outstanding (Basic) | 56.9M | 49.1M |
| Shares Outstanding (Diluted) | 57.0M | 49.2M |
| Dividends Per Share | $1.73 | $1.72 |