Globe Life Inc.
Income Statement
| Line Item | FY2010 | FY2009 | FY2008 | FY2007 |
|---|---|---|---|---|
| Revenue | $3.37B | $3.12B | $3.20B | $3.49B |
| Life premium | — | — | — | — |
| Health premium | — | — | — | — |
| Net investment income | — | — | — | — |
| Realized gains (losses) | — | — | — | — |
| Other income | — | — | — | — |
| Cost of Revenue | — | — | — | — |
| Gross Profit | $713.2M | $706.6M | — | — |
| Gross Margin | 21.2% | 22.7% | — | — |
| Operating Expenses | ||||
| Research & Development | — | — | — | — |
| SG&A Expense | $155.6M | $150.7M | — | — |
| Operating Income | $722.4M | $706.9M | $691.6M | $864.4M |
| Operating Margin | 21.5% | 22.7% | 21.6% | 24.8% |
| Interest Expense | $75.5M | $69.9M | $63.2M | $67.6M |
| Pretax Income | $750.6M | $577.1M | $628.4M | $796.8M |
| Income Tax Expense | $246.5M | $191.0M | $198.7M | $269.3M |
| Net Income | $498.9M | $405.0M | $452.3M | $527.5M |
| Net Margin | 14.8% | 13.0% | 14.1% | 15.1% |
| EPS (Basic) | $4.09 | $3.25 | $5.14 | $5.59 |
| EPS (Diluted) | $4.05 | $3.25 | $5.11 | $5.50 |
| Shares Outstanding (Basic) | 122.0M | 124.6M | — | — |
| Shares Outstanding (Diluted) | 123.1M | 124.6M | — | — |
| Dividends Per Share | $0.41 | $0.38 | $0.56 | $0.52 |