Extra Space Storage Inc.
Income Statement
| Line Item | FY2009 | FY2008 |
|---|---|---|
| Revenue | $280.1M | $272.7M |
| Cost of Revenue | $88.9M | $84.5M |
| Gross Profit | $191.2M | $188.2M |
| Gross Margin | 68.3% | 69.0% |
| Operating Expenses | ||
| Research & Development | — | — |
| SG&A Expense | $40.2M | $39.4M |
| Operating Income | $71.9M | $92.5M |
| Operating Margin | 25.7% | 33.9% |
| Interest Expense | $67.6M | $64.6M |
| Pretax Income | $36.4M | $36.9M |
| Income Tax Expense | $4.3M | $519.0K |
| Net Income | $32.0M | $35.8M |
| Net Margin | 11.4% | 13.1% |
| EPS (Basic) | $0.37 | $0.46 |
| EPS (Diluted) | $0.37 | $0.46 |
| Shares Outstanding (Basic) | 86.3M | 77.0M |
| Shares Outstanding (Diluted) | 91.1M | 82.4M |
| Dividends Per Share | $0.38 | $1.00 |