Corning Inc.
Income Statement
| Line Item | FY2009 | FY2008 | FY2007 | FY2006 |
|---|---|---|---|---|
| Revenue | $5.40B | $5.95B | $5.86B | $5.05B |
| Display Technologies | $2.64B | $2.78B | — | $2.31B |
| Optical Communications | $1.48B | $1.79B | — | $1.49B |
| Specialty Materials | $370.0M | $317.0M | — | $341.0M |
| Environmental Technologies | $548.0M | $665.0M | — | $549.0M |
| Life Sciences | $360.0M | $313.0M | — | $273.0M |
| All Other | $0 | $89.0M | — | $86.0M |
| Cost of Revenue | $3.30B | $3.21B | $3.11B | — |
| Gross Profit | $2.09B | $2.74B | $2.75B | — |
| Gross Margin | 38.8% | 46.0% | 46.9% | — |
| Operating Expenses | ||||
| Research & Development | $465.0M | $510.0M | — | — |
| SG&A Expense | $881.0M | $901.0M | $912.0M | — |
| Operating Income | $391.0M | $1.52B | $1.08B | — |
| Operating Margin | 7.2% | 25.5% | 18.4% | — |
| Interest Expense | — | — | — | — |
| Pretax Income | — | — | — | — |
| Income Tax Expense | $-74.0M | $-2.38B | $121.0M | — |
| Net Income | $2.01B | $5.26B | $2.15B | — |
| Net Margin | 37.2% | 88.3% | 36.7% | — |
| EPS (Basic) | $1.30 | $3.37 | $1.37 | — |
| EPS (Diluted) | $1.28 | $3.32 | $1.34 | — |
| Shares Outstanding (Basic) | 1.55B | 1.56B | — | — |
| Shares Outstanding (Diluted) | 1.57B | 1.56B | — | — |
| Dividends Per Share | $0.20 | $0.20 | $0.10 | — |