Granite Construction Incorporated
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.96B | $2.51B | $2.37B | $2.28B | $2.27B | $2.08B | $2.01B | $1.76B |
| Cost of Revenue | $2.68B | $2.21B | $2.07B | $2.04B | $2.09B | $1.85B | $1.76B | $1.59B |
| Gross Profit | $278.7M | $301.4M | $299.8M | $239.7M | $177.2M | $234.8M | $248.0M | $177.8M |
| Gross Margin | 9.4% | 12.0% | 12.6% | 10.5% | 7.8% | 11.3% | 12.3% | 10.1% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $220.4M | $217.4M | $203.8M | $193.3M | $191.9M | $185.1M | $162.3M | $191.6M |
| Operating Income | $62.5M | $92.4M | $110.3M | $65.1M | $-54.7M | $80.8M | $99.3M | $-109.3M |
| Operating Margin | 2.1% | 3.7% | 4.7% | 2.9% | -2.4% | 3.9% | 4.9% | -6.2% |
| Interest Expense | $10.8M | $12.4M | $14.3M | $14.2M | $14.4M | $-10.6M | $10.4M | $9.7M |
| Pretax Income | $68.3M | $96.4M | $103.4M | $55.6M | $-64.0M | $81.0M | $89.4M | $-106.4M |
| Income Tax Expense | $25.8M | $30.2M | $35.2M | $19.7M | $-19.3M | $21.1M | $23.3M | $-43.9M |
| Net Income | $34.1M | $57.1M | $60.5M | $25.3M | $-36.4M | $45.3M | $51.2M | $-59.0M |
| Net Margin | 1.2% | 2.3% | 2.6% | 1.1% | -1.6% | 2.2% | 2.5% | -3.3% |
| EPS (Basic) | $0.86 | $1.44 | $1.54 | $0.65 | $-0.94 | $1.17 | $1.32 | $-1.56 |
| EPS (Diluted) | $0.84 | $1.42 | $1.52 | $0.64 | $-0.94 | $1.15 | $1.31 | $-1.56 |
| Shares Outstanding (Basic) | 39.8M | 39.6M | 39.3M | 39.1M | 38.8M | 38.4M | 38.1M | 37.8M |
| Shares Outstanding (Diluted) | 40.4M | 40.2M | 39.9M | 39.8M | 38.8M | 39.1M | 38.5M | 37.8M |
| Dividends Per Share | $0.52 | $0.52 | $0.52 | $0.52 | $0.52 | $0.52 | $0.52 | $0.52 |