Ituran Location and Control Ltd.
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $234.6M | $199.6M | $175.6M | $182.1M | $170.2M | $150.3M | $160.2M | $147.8M |
| Cost of Revenue | $115.3M | $97.5M | $85.7M | $85.0M | $80.9M | $74.8M | $79.5M | $75.2M |
| Gross Profit | $119.4M | $102.0M | $89.9M | $97.1M | $89.3M | $75.6M | $80.7M | $72.7M |
| Gross Margin | 50.9% | 51.1% | 51.2% | 53.3% | 52.5% | 50.3% | 50.4% | 49.1% |
| Operating Expenses | ||||||||
| Research & Development | $3.2M | $2.9M | $2.4M | $2.5M | $2.4M | $2.1M | $1.9M | $481.0K |
| SG&A Expense | $47.6M | $40.2M | $37.8M | $38.6M | $34.5M | $33.4M | $35.0M | $31.7M |
| Operating Income | $56.5M | $48.0M | $40.6M | $45.9M | $37.9M | $29.9M | $26.6M | $30.7M |
| Operating Margin | 24.1% | 24.1% | 23.1% | 25.2% | 22.3% | 19.9% | 16.6% | 20.7% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $55.5M | $50.1M | $41.8M | $47.6M | $38.0M | $37.7M | $27.9M | $16.1M |
| Income Tax Expense | $17.7M | $14.9M | $12.8M | $14.2M | $12.4M | $11.7M | $5.7M | $6.3M |
| Net Income | $43.8M | $32.1M | $25.0M | $30.4M | $23.8M | $26.0M | $22.2M | $9.8M |
| Net Margin | 18.7% | 16.1% | 14.2% | 16.7% | 14.0% | 17.3% | 13.9% | 6.6% |
| EPS (Basic) | $2.09 | $1.53 | $1.19 | $1.45 | $1.13 | $1.19 | $1.01 | $0.42 |
| EPS (Diluted) | $2.09 | $1.53 | $1.19 | $1.45 | $1.13 | $1.19 | $1.01 | $0.42 |
| Shares Outstanding (Basic) | 23.5M | 23.5M | 23.5M | 23.5M | 23.5M | 21.0M | 21.0M | 21.0M |
| Shares Outstanding (Diluted) | 23.5M | 23.5M | 23.5M | 23.5M | 23.5M | 21.0M | 21.0M | 21.0M |
| Dividends Per Share | — | — | — | — | — | — | — | — |