Insteel Industries Inc.
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $388.9M | $418.5M | $447.5M | $409.0M | $363.9M | $363.3M | $336.9M | $211.6M |
| Cost of Revenue | $329.1M | $333.4M | $389.2M | $360.2M | $324.7M | $340.8M | $305.2M | $191.3M |
| Gross Profit | $59.8M | $85.2M | $58.3M | $48.8M | $39.2M | $22.5M | $31.7M | $18.0M |
| Gross Margin | 15.4% | 20.4% | 13.0% | 11.9% | 10.8% | 6.2% | 9.4% | 8.5% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $25.5M | $26.1M | $25.8M | $23.4M | $20.7M | $18.9M | $19.6M | $16.0M |
| Operating Income | $34.3M | $56.4M | $33.3M | $25.5M | $18.2M | $3.3M | $1.1M | $873.0K |
| Operating Margin | 8.8% | 13.5% | 7.4% | 6.2% | 5.0% | 0.9% | 0.3% | 0.4% |
| Interest Expense | $136.0K | $158.0K | $320.0K | $252.0K | $235.0K | $623.0K | $958.0K | $453.0K |
| Pretax Income | $34.2M | $56.3M | $33.0M | $25.2M | $18.0M | $2.7M | $101.0K | $420.0K |
| Income Tax Expense | $11.6M | $19.0M | $11.3M | $8.6M | $6.3M | $917.0K | $488.0K | $-38.0K |
| Net Income | $22.5M | $37.2M | $21.7M | $16.6M | $11.7M | $1.8M | $-387.0K | $473.0K |
| Net Margin | 5.8% | 8.9% | 4.9% | 4.1% | 3.2% | 0.5% | -0.1% | 0.2% |
| EPS (Basic) | $1.19 | $1.99 | $1.18 | $0.91 | $0.65 | $0.10 | $-0.02 | $0.03 |
| EPS (Diluted) | $1.17 | $1.95 | $1.15 | $0.89 | $0.64 | $0.10 | $-0.02 | $0.03 |
| Shares Outstanding (Basic) | 19.0M | 18.8M | 18.4M | 18.3M | 17.9M | 17.7M | 17.6M | 17.5M |
| Shares Outstanding (Diluted) | 19.2M | 19.1M | 18.8M | 18.7M | 18.4M | 18.0M | 17.6M | 17.6M |
| Dividends Per Share | $1.37 | $1.12 | $0.12 | $0.12 | $0.37 | $0.12 | $0.12 | $0.12 |