Graco Inc.
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.47B | $1.33B | $1.29B | $1.22B | $1.10B | $1.01B | $895.3M | $744.1M |
| Cost of Revenue | $679.5M | $618.4M | $601.8M | $554.4M | $496.6M | $461.9M | $395.1M | $340.6M |
| Gross Profit | $795.2M | $710.9M | $684.7M | $666.7M | $607.5M | $550.5M | $500.2M | $403.4M |
| Gross Margin | 53.9% | 53.5% | 53.2% | 54.6% | 55.0% | 54.4% | 55.9% | 54.2% |
| Operating Expenses | ||||||||
| Research & Development | $59.2M | $59.6M | $58.6M | $54.2M | $51.4M | $48.9M | $41.6M | $37.7M |
| SG&A Expense | $125.9M | $125.2M | $122.2M | $108.8M | $98.4M | $113.4M | $87.9M | $76.7M |
| Operating Income | $378.7M | $121.1M | $302.1M | $308.9M | $279.8M | $224.7M | $219.5M | $153.1M |
| Operating Margin | 25.7% | 9.1% | 23.5% | 25.3% | 25.3% | 22.2% | 24.5% | 20.6% |
| Interest Expense | $16.2M | $17.6M | $17.6M | $18.7M | $18.1M | $19.3M | $9.1M | $4.2M |
| Pretax Income | $347.1M | $96.7M | $474.7M | $315.1M | $288.8M | $217.3M | $209.7M | $148.5M |
| Income Tax Expense | $94.7M | $56.0M | $129.0M | $89.5M | $78.0M | $68.2M | $67.4M | $45.7M |
| Net Income | $252.4M | $40.7M | $345.7M | $225.6M | $210.8M | $149.1M | $142.3M | $102.8M |
| Net Margin | 17.1% | 3.1% | 26.9% | 18.5% | 19.1% | 14.7% | 15.9% | 13.8% |
| EPS (Basic) | $1.50 | $0.24 | $2.00 | $1.25 | $1.15 | $0.00 | $0.00 | $0.00 |
| EPS (Diluted) | $1.45 | $0.24 | $1.95 | $1.22 | $1.12 | $0.00 | $0.00 | $0.00 |
| Shares Outstanding (Basic) | — | — | — | — | — | — | — | — |
| Shares Outstanding (Diluted) | 174.3M | 170.9M | 177.0M | 185.2M | 188.4M | 188.3M | 187.2M | 185.5M |
| Dividends Per Share | $0.49 | $0.45 | $0.41 | $0.38 | $0.34 | $0.00 | $0.00 | $0.00 |