Heritage Financial Corporation
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $174.9M | $164.1M | $161.9M | $131.9M | $77.4M | $71.8M | $73.3M | $69.8M |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | — | — | — | — | — | — | — |
| Operating Income | $68.5M | $58.7M | $57.4M | $33.6M | $17.9M | $24.0M | $15.7M | $28.3M |
| Operating Margin | 39.2% | 35.8% | 35.5% | 25.5% | 23.1% | 33.4% | 21.5% | 40.6% |
| Interest Expense | $8.3M | $6.0M | $6.1M | $5.7M | $3.7M | $4.5M | $6.6M | $8.5M |
| Pretax Income | $60.1M | $52.7M | $51.3M | $27.9M | $14.2M | $19.4M | $9.2M | $19.8M |
| Income Tax Expense | $18.4M | $13.8M | $13.8M | $6.9M | $4.6M | $6.2M | $2.6M | — |
| Net Income | $41.8M | $38.9M | $37.5M | $21.0M | $9.6M | $13.3M | $6.5M | $13.4M |
| Net Margin | 23.9% | 23.7% | 23.2% | 15.9% | 12.4% | 18.5% | 8.9% | 19.1% |
| EPS (Basic) | $1.39 | $1.30 | $1.25 | $0.01 | $0.01 | $0.87 | $0.42 | $1.05 |
| EPS (Diluted) | $1.39 | $1.30 | $1.25 | $0.01 | $0.01 | $0.87 | $0.42 | $1.04 |
| Shares Outstanding (Basic) | 29.8M | 29.7M | 29.8M | 25.4M | 15.5M | 15.1M | 15.4M | 11.1M |
| Shares Outstanding (Diluted) | 29.8M | 29.7M | 29.8M | 25.5M | 15.5M | 15.1M | 15.5M | 11.2M |
| Dividends Per Share | $0.61 | $0.72 | $0.53 | $0.50 | $0.42 | $0.80 | $0.38 | — |