Friedman Industries, Incorporated
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|
| Revenue | $77.8M | $81.6M | $108.3M | $116.1M | $136.4M | $161.5M | $131.7M |
| Cost of Revenue | $77.9M | $76.9M | $103.2M | $109.1M | $122.0M | $143.9M | $114.4M |
| Gross Profit | $-191.6K | $4.7M | $5.1M | $7.1M | $14.4M | $17.6M | $17.3M |
| Gross Margin | -0.2% | 5.7% | 4.7% | 6.1% | 10.6% | 10.9% | 13.1% |
| Operating Expenses | |||||||
| Research & Development | — | — | — | — | — | — | — |
| SG&A Expense | $4.0M | $4.7M | $4.5M | $4.6M | $5.3M | $5.5M | $5.3M |
| Operating Income | $-4.2M | $23.4K | $624.8K | $2.5M | $9.1M | $12.1M | $12.1M |
| Operating Margin | -5.4% | 0.0% | 0.6% | 2.1% | 6.7% | 7.5% | 9.2% |
| Interest Expense | — | — | — | — | — | — | — |
| Pretax Income | $-4.2M | $398.7K | $685.8K | $2.5M | $9.1M | $12.2M | $12.1M |
| Income Tax Expense | $-1.5M | $104.7K | $303.5K | $823.8K | $3.0M | $4.1M | $4.0M |
| Net Income | $-2.7M | $294.0K | $382.3K | $1.7M | $6.1M | $8.2M | $8.2M |
| Net Margin | -3.4% | 0.4% | 0.4% | 1.5% | 4.5% | 5.0% | 6.2% |
| EPS (Basic) | $-0.39 | $0.04 | $0.06 | $0.25 | $0.90 | $1.20 | $1.20 |
| EPS (Diluted) | $-0.39 | $0.04 | $0.06 | $0.25 | $0.90 | $1.20 | $1.20 |
| Shares Outstanding (Basic) | 6.9M | 6.8M | 6.8M | 6.8M | 6.8M | 6.8M | 6.8M |
| Shares Outstanding (Diluted) | 6.9M | 6.8M | 6.8M | 6.8M | 6.8M | 6.8M | 6.8M |
| Dividends Per Share | — | — | — | — | — | — | — |