FORWARD AIR CORPORATION
Income Statement
| Line Item | FY2010 | FY2009 | FY2008 |
|---|---|---|---|
| Revenue | $483.9M | $417.4M | $474.4M |
| Cost of Revenue | — | — | — |
| Gross Profit | — | — | — |
| Gross Margin | — | — | — |
| Operating Expenses | |||
| Research & Development | — | — | — |
| SG&A Expense | — | — | — |
| Operating Income | $53.7M | $18.6M | $70.3M |
| Operating Margin | 11.1% | 4.4% | 14.8% |
| Interest Expense | $730.0K | $670.0K | $1.2M |
| Pretax Income | $53.1M | $17.9M | $69.4M |
| Income Tax Expense | $21.1M | $8.1M | $26.9M |
| Net Income | $32.0M | $9.8M | $42.5M |
| Net Margin | 6.6% | 2.3% | 9.0% |
| EPS (Basic) | $1.11 | $0.34 | $0.00 |
| EPS (Diluted) | $1.10 | $0.34 | $0.00 |
| Shares Outstanding (Basic) | 29.0M | 28.9M | 28.8M |
| Shares Outstanding (Diluted) | 29.1M | 29.0M | 29.0M |
| Dividends Per Share | $0.28 | $0.28 | $0.00 |