Granite Construction Incorporated
Income Statement
| Line Item | FY2009 | FY2008 |
|---|---|---|
| Revenue | $1.96B | $2.67B |
| Cost of Revenue | $1.61B | $2.20B |
| Gross Profit | $349.5M | $471.9M |
| Gross Margin | 17.8% | 17.6% |
| Operating Expenses | ||
| Research & Development | — | — |
| SG&A Expense | $228.0M | $260.8M |
| Operating Income | $129.2M | $216.7M |
| Operating Margin | 6.6% | 8.1% |
| Interest Expense | $15.8M | $16.0M |
| Pretax Income | $138.9M | $233.4M |
| Income Tax Expense | $38.7M | $67.7M |
| Net Income | $73.5M | $122.4M |
| Net Margin | 3.7% | 4.6% |
| EPS (Basic) | $1.91 | $3.19 |
| EPS (Diluted) | $1.90 | $3.18 |
| Shares Outstanding (Basic) | 37.6M | 37.6M |
| Shares Outstanding (Diluted) | 37.7M | 37.7M |
| Dividends Per Share | $0.52 | $0.52 |