Harley-Davidson, Inc.
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $5.65B | $6.00B | $6.00B | $6.23B | $5.90B | $5.58B | $5.31B | $4.86B |
| Cost of Revenue | $3.27B | $3.43B | $3.36B | $3.54B | $3.40B | $3.22B | $3.11B | $2.75B |
| Gross Profit | $2.37B | $2.57B | $2.64B | $2.69B | $2.50B | $2.36B | $2.21B | $2.11B |
| Gross Margin | 42.1% | 42.9% | 44.0% | 43.1% | 42.4% | 42.3% | 41.5% | 43.4% |
| Operating Expenses | ||||||||
| Research & Development | $175.2M | $172.3M | $161.2M | $138.3M | $152.2M | $137.3M | $145.4M | $136.2M |
| SG&A Expense | $1.18B | $1.21B | $1.22B | $1.16B | $1.12B | $1.11B | $1.06B | $1.02B |
| Operating Income | $882.1M | $1.05B | $1.16B | $1.28B | $1.15B | $1.00B | $830.0M | $560.6M |
| Operating Margin | 15.6% | 17.4% | 19.3% | 20.6% | 19.6% | 17.9% | 15.6% | 11.5% |
| Interest Expense | $31.0M | $29.7M | $12.1M | $4.2M | $45.3M | $46.0M | $45.3M | $90.4M |
| Pretax Income | $863.8M | $1.02B | $1.15B | $1.28B | $1.11B | $961.5M | $792.7M | $390.5M |
| Income Tax Expense | $342.1M | $331.7M | $398.0M | $438.7M | $380.3M | $337.6M | $244.6M | $130.8M |
| Net Income | $521.8M | $692.2M | $752.2M | $844.6M | $734.0M | $623.9M | $599.1M | $146.5M |
| Net Margin | 9.2% | 11.5% | 12.5% | 13.6% | 12.4% | 11.2% | 11.3% | 3.0% |
| EPS (Basic) | $3.03 | $3.85 | $3.71 | $3.90 | $3.30 | $2.75 | $2.57 | $0.63 |
| EPS (Diluted) | $3.02 | $3.83 | $3.69 | $3.88 | $3.28 | $2.72 | $2.55 | $0.62 |
| Shares Outstanding (Basic) | 172.0M | 179.7M | 202.7M | 216.3M | 222.5M | 227.1M | 232.9M | 233.3M |
| Shares Outstanding (Diluted) | 172.9M | 180.5M | 203.7M | 217.7M | 224.1M | 229.2M | 234.9M | 234.8M |
| Dividends Per Share | $1.46 | $1.40 | $1.24 | $1.10 | $0.84 | $0.62 | $0.48 | $0.40 |