FORESTAR GROUP INC.
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $114.3M | $197.3M | $218.6M | $238.2M | $331.0M | $172.6M | $135.6M | $101.4M |
| Cost of Revenue | $112.6M | — | — | — | — | — | — | — |
| Gross Profit | $1.7M | — | — | — | — | — | — | — |
| Gross Margin | 1.5% | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $75.3M | $21.6M | $27.3M | $22.2M | $28.4M | $32.3M | $23.3M | $22.6M |
| Operating Income | $39.8M | $140.4M | $23.9M | $70.6M | $46.6M | $27.2M | $58.1M | $18.9M |
| Operating Margin | 34.8% | 71.1% | 11.0% | 29.6% | 14.1% | 15.7% | 42.9% | 18.6% |
| Interest Expense | $8.5M | $20.0M | $34.1M | $30.3M | $20.0M | $19.4M | $17.0M | $16.4M |
| Pretax Income | $52.1M | $92.3M | $8.9M | $57.5M | $42.3M | $25.9M | $12.3M | $8.3M |
| Income Tax Expense | $45.8M | $15.3M | $35.1M | $20.9M | $7.2M | $8.0M | $3.0M | $2.5M |
| Net Income | $50.3M | $58.6M | $-213.0M | $16.6M | $29.3M | $12.9M | $7.2M | $5.1M |
| Net Margin | 44.0% | 29.7% | -97.5% | 7.0% | 8.9% | 7.5% | 5.3% | 5.1% |
| EPS (Basic) | $1.19 | $1.40 | $-6.22 | $0.38 | $0.81 | $0.37 | $0.20 | $0.14 |
| EPS (Diluted) | $1.19 | $1.38 | $-6.22 | $0.38 | $0.80 | $0.36 | $0.20 | $0.14 |
| Shares Outstanding (Basic) | 42.1M | 34.5M | 34.3M | 35.3M | 35.4M | 35.2M | 35.4M | 35.9M |
| Shares Outstanding (Diluted) | 42.4M | 42.3M | 34.3M | 43.6M | 36.8M | 35.5M | 35.8M | 36.4M |
| Dividends Per Share | — | — | — | — | — | — | — | — |