ESCO TECHNOLOGIES INC.
Income Statement
| Line Item | FY2009 | FY2008 |
|---|---|---|
| Revenue | $619.1M | $613.6M |
| Cost of Revenue | $372.4M | $368.0M |
| Gross Profit | $246.7M | $245.6M |
| Gross Margin | 39.9% | 40.0% |
| Operating Expenses | ||
| Research & Development | $34.9M | — |
| SG&A Expense | $152.4M | $147.3M |
| Operating Income | $63.2M | $71.3M |
| Operating Margin | 10.2% | 11.6% |
| Interest Expense | — | — |
| Pretax Income | $63.2M | $71.3M |
| Income Tax Expense | $13.9M | $23.7M |
| Net Income | $49.4M | $46.7M |
| Net Margin | 8.0% | 7.6% |
| EPS (Basic) | $1.88 | $1.80 |
| EPS (Diluted) | $1.86 | $1.78 |
| Shares Outstanding (Basic) | 26.2M | 25.9M |
| Shares Outstanding (Diluted) | 26.6M | 26.3M |
| Dividends Per Share | — | — |