HEICO CORPORATION
Income Statement
| Line Item | FY2009 | FY2008 |
|---|---|---|
| Revenue | $538.3M | $582.3M |
| Cost of Revenue | $357.3M | $371.9M |
| Gross Profit | $181.0M | $210.5M |
| Gross Margin | 33.6% | 36.1% |
| Operating Expenses | ||
| Research & Development | $19.7M | — |
| SG&A Expense | $92.8M | $104.7M |
| Operating Income | $88.3M | $105.8M |
| Operating Margin | 16.4% | 18.2% |
| Interest Expense | $615.0K | $2.3M |
| Pretax Income | $87.8M | $102.8M |
| Income Tax Expense | $28.0M | $35.5M |
| Net Income | $44.6M | $48.5M |
| Net Margin | 8.3% | 8.3% |
| EPS (Basic) | $1.09 | $1.48 |
| EPS (Diluted) | $1.06 | $1.42 |
| Shares Outstanding (Basic) | 40.9M | 32.9M |
| Shares Outstanding (Diluted) | 42.2M | 34.1M |
| Dividends Per Share | $0.08 | $0.08 |