FLOWERS FOODS INC
Income Statement
| Line Item | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $3.95B | $3.92B | $3.93B | $3.75B | — | $3.73B | $3.03B | $2.77B |
| Cost of Revenue | — | — | — | — | — | — | — | $1.35B |
| Gross Profit | — | — | — | — | — | — | — | $1.43B |
| Gross Margin | — | — | — | — | — | — | — | 51.4% |
| Operating Expenses | ||||||||
| Research & Development | $4.9M | $2.4M | $3.0M | $3.2M | — | $2.6M | — | — |
| SG&A Expense | $1.51B | $1.51B | $1.47B | $1.37B | — | $1.36B | $1.09B | $1.02B |
| Operating Income | $212.3M | $161.0M | $264.9M | $275.4M | — | $335.2M | $218.5M | $189.0M |
| Operating Margin | 5.4% | 4.1% | 6.7% | 7.3% | — | 9.0% | 7.2% | 6.8% |
| Interest Expense | $35.7M | $36.6M | $34.9M | $28.3M | — | $28.9M | $23.4M | $10.2M |
| Pretax Income | $197.2M | $149.3M | $249.5M | $268.1M | — | $322.4M | $208.8M | $192.0M |
| Income Tax Expense | $40.0M | $-827.0K | $85.8M | $92.3M | — | $91.5M | $72.7M | $68.5M |
| Net Income | $157.2M | $150.1M | $163.8M | $175.7M | — | $230.9M | $136.1M | $123.4M |
| Net Margin | 4.0% | 3.8% | 4.2% | 4.7% | — | 6.2% | 4.5% | 4.5% |
| EPS (Basic) | $0.74 | $0.72 | $0.79 | $0.84 | — | $1.11 | $0.66 | $0.61 |
| EPS (Diluted) | $0.74 | $0.71 | $0.78 | $0.82 | — | $1.09 | $0.66 | $0.60 |
| Shares Outstanding (Basic) | 211.0M | 209.6M | 208.5M | 209.7M | 208.6M | 207.9M | 205.0M | 203.1M |
| Shares Outstanding (Diluted) | 211.6M | 210.4M | 210.4M | 213.1M | 208.6M | 211.9M | 207.7M | 205.3M |
| Dividends Per Share | $0.71 | $0.67 | $0.63 | $0.49 | — | $0.44 | $0.42 | $0.39 |