IDEXX Laboratories Inc.
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.97B | $1.78B | $1.60B | $1.49B | $1.38B | $1.30B | $1.22B | $1.10B |
| Companion Animal Group | $1.68B | $1.50B | $1.33B | $1.22B | $1.12B | $1.04B | $960.1M | $861.4M |
| Water | $111.8M | $103.2M | $94.0M | $89.2M | $83.8M | $79.8M | $77.6M | $71.8M |
| Livestock Poultry and Dairy | $129.9M | $128.1M | $123.5M | $126.8M | $123.4M | $124.2M | $121.6M | $110.7M |
| Other | $43.5M | $41.2M | $52.2M | $51.9M | $53.1M | $56.1M | $60.9M | $58.7M |
| Cost of Revenue | $871.7M | $800.0M | $711.6M | $669.7M | $620.9M | $594.2M | $572.2M | $524.8M |
| Gross Profit | $1.10B | $975.4M | $890.3M | $816.1M | $756.1M | $699.1M | $646.5M | $578.6M |
| Gross Margin | 55.7% | 54.9% | 55.6% | 54.9% | 54.8% | 53.9% | 53.0% | 52.5% |
| Operating Expenses | ||||||||
| Research & Development | $109.2M | $101.1M | $99.7M | $98.3M | $88.0M | $82.0M | $76.0M | $68.6M |
| SG&A Expense | $220.9M | $207.0M | $182.5M | $173.9M | $157.9M | $137.6M | $129.4M | $126.5M |
| Operating Income | $413.0M | $350.2M | $299.9M | $260.3M | $266.8M | $262.6M | $236.2M | $203.9M |
| Operating Margin | 21.0% | 19.7% | 18.7% | 17.5% | 19.3% | 20.3% | 19.4% | 18.5% |
| Interest Expense | $37.2M | $32.0M | $29.2M | $15.4M | $5.4M | $3.8M | $3.5M | $2.4M |
| Pretax Income | $381.1M | $321.8M | $273.1M | $246.6M | $263.3M | $260.6M | $234.4M | $202.1M |
| Income Tax Expense | $117.8M | $99.8M | $81.0M | $64.6M | $75.5M | $82.3M | $72.7M | $60.8M |
| Net Income | $263.1M | $222.0M | $192.1M | $181.9M | $187.8M | $178.3M | $161.8M | $141.3M |
| Net Margin | 13.4% | 12.5% | 12.0% | 12.2% | 13.6% | 13.7% | 13.3% | 12.8% |
| EPS (Basic) | $3.00 | $2.47 | $2.07 | $1.82 | $1.77 | $3.24 | $2.85 | $2.45 |
| EPS (Diluted) | $2.94 | $2.44 | $2.05 | $1.79 | $1.74 | $3.17 | $2.78 | $2.37 |
| Shares Outstanding (Basic) | 87.8M | 89.7M | 92.6M | 100.1M | 106.3M | 55.0M | 56.8M | 57.7M |
| Shares Outstanding (Diluted) | 89.6M | 90.9M | 93.6M | 101.5M | 108.0M | 56.2M | 58.2M | 59.6M |
| Dividends Per Share | — | — | — | — | — | — | — | — |