The Gap, Inc.
Income Statement
| Line Item | FY2010 | FY2009 | FY2008 |
|---|---|---|---|
| Revenue | $14.20B | $14.53B | $15.76B |
| Cost of Revenue | $8.47B | $9.08B | $10.07B |
| Gross Profit | $5.72B | $5.45B | $5.69B |
| Gross Margin | 40.3% | 37.5% | 36.1% |
| Operating Expenses | |||
| Research & Development | — | — | — |
| SG&A Expense | — | — | — |
| Operating Income | $1.82B | $1.55B | $1.32B |
| Operating Margin | 12.8% | 10.7% | 8.3% |
| Interest Expense | $2.0M | $1.0M | $26.0M |
| Pretax Income | $1.82B | $1.58B | $1.41B |
| Income Tax Expense | $714.0M | $617.0M | $539.0M |
| Net Income | $1.10B | $967.0M | $833.0M |
| Net Margin | 7.8% | 6.7% | 5.3% |
| EPS (Basic) | $1.59 | $1.35 | $1.05 |
| EPS (Diluted) | $1.58 | $1.34 | $1.05 |
| Shares Outstanding (Basic) | 694.0M | 716.0M | 791.0M |
| Shares Outstanding (Diluted) | 699.0M | 719.0M | 794.0M |
| Dividends Per Share | — | — | — |