INGREDION INCORPORATED
Income Statement
| Line Item | FY2009 | FY2008 |
|---|---|---|
| Revenue | $3.67B | $3.94B |
| Cost of Revenue | $3.15B | $3.24B |
| Gross Profit | $520.0M | $705.0M |
| Gross Margin | 14.2% | 17.9% |
| Operating Expenses | ||
| Research & Development | — | — |
| SG&A Expense | $247.0M | $275.0M |
| Operating Income | $153.0M | $434.0M |
| Operating Margin | 4.2% | 11.0% |
| Interest Expense | — | — |
| Pretax Income | $115.0M | — |
| Income Tax Expense | $68.0M | $130.0M |
| Net Income | $41.0M | $267.0M |
| Net Margin | 1.1% | 6.8% |
| EPS (Basic) | $0.55 | $3.59 |
| EPS (Diluted) | $0.54 | $3.52 |
| Shares Outstanding (Basic) | 74.9M | 74.5M |
| Shares Outstanding (Diluted) | 75.5M | 75.9M |
| Dividends Per Share | — | — |