Flowserve Corporation
Income Statement
| Line Item | FY2009 | FY2008 | FY2007 |
|---|---|---|---|
| Revenue | $4.37B | $4.47B | $3.76B |
| Cost of Revenue | $2.82B | $2.89B | $2.51B |
| Gross Profit | $1.55B | $1.58B | $1.25B |
| Gross Margin | 35.5% | 35.3% | 33.2% |
| Operating Expenses | |||
| Research & Development | $29.4M | — | — |
| SG&A Expense | $934.5M | $981.6M | $854.5M |
| Operating Income | $629.5M | $615.7M | $411.9M |
| Operating Margin | 14.4% | 13.8% | 10.9% |
| Interest Expense | $40.0M | $51.3M | $60.1M |
| Pretax Income | $584.8M | — | — |
| Income Tax Expense | $156.5M | $147.7M | $104.3M |
| Net Income | $427.9M | $442.4M | $255.8M |
| Net Margin | 9.8% | 9.9% | 6.8% |
| EPS (Basic) | $2.55 | $2.58 | $1.49 |
| EPS (Diluted) | $2.53 | $2.57 | $1.48 |
| Shares Outstanding (Basic) | 167.5M | — | — |
| Shares Outstanding (Diluted) | 169.1M | — | — |
| Dividends Per Share | $0.36 | $0.33 | $0.20 |