KADANT INC
Income Statement
| Line Item | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $633.8M | $515.0M | $414.1M | $402.1M | — | $344.5M | $331.8M | $335.5M |
| Cost of Revenue | $355.5M | $283.9M | $225.6M | $223.8M | — | $186.8M | $185.9M | $190.2M |
| Gross Profit | $278.3M | $231.1M | $188.5M | $178.4M | — | $157.7M | $145.8M | $145.2M |
| Gross Margin | 43.9% | 44.9% | 45.5% | 44.4% | — | 45.8% | 43.9% | 43.3% |
| Operating Expenses | ||||||||
| Research & Development | $10.6M | $9.6M | $7.4M | $6.2M | — | $6.7M | $6.0M | $5.7M |
| SG&A Expense | $177.4M | $159.8M | $134.8M | $129.3M | — | $117.6M | $103.1M | $102.7M |
| Operating Income | $88.6M | $61.6M | $46.6M | $42.1M | — | $33.3M | $36.4M | $38.7M |
| Operating Margin | 14.0% | 12.0% | 11.3% | 10.5% | — | 9.7% | 11.0% | 11.5% |
| Interest Expense | $7.0M | $3.5M | $1.3M | $966.0K | — | $900.0K | $833.0K | $1.1M |
| Pretax Income | $79.5M | $57.7M | $44.5M | $41.5M | — | $33.0M | $35.9M | $38.1M |
| Income Tax Expense | $18.5M | $26.1M | $12.1M | $12.4M | — | $9.3M | $4.9M | $4.3M |
| Net Income | $60.4M | $31.1M | $32.1M | $28.7M | — | $23.4M | $31.6M | $33.6M |
| Net Margin | 9.5% | 6.0% | 7.7% | 7.1% | — | 6.8% | 9.5% | 10.0% |
| EPS (Basic) | $5.45 | $2.83 | $2.95 | $2.61 | — | $2.10 | $2.76 | $2.77 |
| EPS (Diluted) | $5.30 | $2.75 | $2.88 | $2.56 | — | $2.07 | $2.73 | $2.74 |
| Shares Outstanding (Basic) | 11.1M | 11.0M | 10.9M | 11.0M | 11.1M | 11.2M | 11.5M | 12.1M |
| Shares Outstanding (Diluted) | 11.4M | 11.3M | 11.1M | 11.2M | 11.1M | 11.3M | 11.6M | 12.3M |
| Dividends Per Share | $0.88 | $0.84 | $0.76 | $0.60 | — | $0.50 | $0.00 | $0.00 |