HNI Corporation
Income Statement
| Line Item | FY2016 | FY2015 | FY2013 | FY2012 | FY2011 | FY2010 | FY2009 |
|---|---|---|---|---|---|---|---|
| Revenue | $2.20B | $2.22B | $2.06B | $2.00B | $1.83B | $1.62B | $2.43B |
| Cost of Revenue | $1.37B | $1.44B | $1.34B | $1.31B | $1.19B | $1.06B | $1.61B |
| Gross Profit | $835.0M | $784.2M | $715.3M | $689.2M | $639.1M | $562.8M | $817.9M |
| Gross Margin | 37.9% | 35.3% | 34.7% | 34.4% | 34.9% | 34.7% | 33.7% |
| Operating Expenses | |||||||
| Research & Development | $28.1M | $29.7M | $27.3M | $26.9M | $23.1M | $21.1M | — |
| SG&A Expense | $667.7M | $649.1M | $606.5M | $599.7M | $554.3M | $513.8M | $709.6M |
| Operating Income | $133.7M | $112.8M | $106.0M | $87.6M | $81.5M | $8.6M | $92.4M |
| Operating Margin | 6.1% | 5.1% | 5.1% | 4.4% | 4.4% | 0.5% | 3.8% |
| Interest Expense | $5.1M | $8.3M | $9.9M | $10.9M | $12.0M | $12.1M | $16.9M |
| Pretax Income | $128.9M | $104.9M | $96.7M | $77.6M | $70.2M | $-3.1M | $76.7M |
| Income Tax Expense | $43.3M | $43.8M | $33.3M | $29.3M | $24.4M | $-1.5M | $26.0M |
| Net Income | $85.6M | $61.5M | $63.7M | $49.0M | $46.0M | $-6.4M | $45.5M |
| Net Margin | 3.9% | 2.8% | 3.1% | 2.4% | 2.5% | -0.4% | 1.9% |
| EPS (Basic) | $1.93 | $1.37 | $1.41 | $1.08 | $1.03 | $-0.14 | $1.03 |
| EPS (Diluted) | $1.88 | $1.35 | $1.39 | $1.07 | $1.01 | $-0.14 | $0.59 |
| Shares Outstanding (Basic) | 44.4M | 44.8M | 45.3M | 45.2M | 44.8M | 44.89B | 44.31B |
| Shares Outstanding (Diluted) | 45.5M | 45.6M | 46.0M | 45.8M | 45.7M | 44.89B | 44.43B |
| Dividends Per Share | $1.09 | $0.99 | $0.96 | $0.95 | $0.92 | $0.86 | $0.86 |