Summit Hotel Properties, Inc.
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|
| Revenue | $515.4M | $473.9M | $463.5M | $403.5M | $299.0M | $161.7M | $106.4M |
| Cost of Revenue | $325.6M | $295.7M | $295.8M | $261.5M | $198.3M | $110.4M | $74.0M |
| Gross Profit | $189.8M | $178.3M | $167.6M | $142.0M | $100.6M | $51.3M | $32.4M |
| Gross Margin | 36.8% | 37.6% | 36.2% | 35.2% | 33.7% | 31.7% | 30.5% |
| Operating Expenses | |||||||
| Research & Development | — | — | — | — | — | — | — |
| SG&A Expense | $19.6M | $19.3M | $21.2M | $19.9M | $12.9M | $9.6M | — |
| Operating Income | $127.1M | $132.3M | $80.0M | $48.7M | $35.1M | $7.3M | $3.9M |
| Operating Margin | 24.7% | 27.9% | 17.3% | 12.1% | 11.7% | 4.5% | 3.7% |
| Interest Expense | $29.7M | $28.1M | $30.4M | $28.5M | $22.0M | $14.9M | $10.0M |
| Pretax Income | $101.2M | $106.8M | $125.8M | $21.2M | $11.5M | $-7.7M | $-6.1M |
| Income Tax Expense | $1.7M | $-1.5M | $553.0K | $744.0K | $4.9M | $-728.0K | $-2.3M |
| Net Income | $99.2M | $107.8M | $124.4M | $20.9M | $5.9M | $-1.1M | $-2.9M |
| Net Margin | 19.3% | 22.7% | 26.8% | 5.2% | 2.0% | -0.7% | -2.8% |
| EPS (Basic) | $0.79 | $1.00 | $1.25 | $0.05 | $-0.12 | $-0.09 | $-0.06 |
| EPS (Diluted) | $0.79 | $1.00 | $1.24 | $0.05 | $-0.12 | $-0.09 | $-0.06 |
| Shares Outstanding (Basic) | 99.4M | 86.9M | 85.9M | 85.2M | 70.3M | 67.4M | 54.6M |
| Shares Outstanding (Diluted) | 99.8M | 87.3M | 87.1M | 85.6M | 70.3M | 67.4M | 54.6M |
| Dividends Per Share | $0.67 | $0.55 | $0.47 | $0.46 | $0.45 | $0.23 | $0.14 |