Kennametal Inc.
Income Statement
| Line Item | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.37B | $2.06B | $2.10B | $2.65B | $2.84B | $2.59B | $2.74B | $2.40B |
| Cost of Revenue | $1.55B | $1.41B | $1.48B | $1.84B | $1.94B | $1.74B | $1.74B | $1.52B |
| Gross Profit | $820.1M | $644.9M | $616.1M | $806.0M | $897.0M | $845.0M | $994.3M | $884.4M |
| Gross Margin | 34.6% | 31.3% | 29.4% | 30.4% | 31.6% | 32.6% | 36.3% | 36.8% |
| Operating Expenses | ||||||||
| Research & Development | $38.9M | $38.0M | $39.4M | $45.1M | $44.0M | $39.7M | $38.3M | $33.3M |
| SG&A Expense | — | — | — | — | — | — | — | — |
| Operating Income | $290.3M | $94.8M | $-174.9M | $-357.8M | $263.4M | $296.4M | $416.4M | $321.7M |
| Operating Margin | 12.3% | 4.6% | -8.3% | -13.5% | 9.3% | 11.4% | 15.2% | 13.4% |
| Interest Expense | $30.1M | $28.8M | $27.8M | $31.5M | $32.5M | $27.5M | $27.2M | $22.8M |
| Pretax Income | $275.0M | $81.9M | $-198.6M | $-387.6M | $228.8M | $266.6M | $390.0M | $296.1M |
| Income Tax Expense | $70.0M | $29.9M | $25.3M | $-16.7M | $66.6M | $59.7M | $79.1M | $63.9M |
| Net Income | $200.2M | $49.1M | $-226.0M | $-373.9M | $158.4M | $203.3M | $307.2M | $229.7M |
| Net Margin | 8.5% | 2.4% | -10.8% | -14.1% | 5.6% | 7.8% | 11.2% | 9.6% |
| EPS (Basic) | $2.45 | $0.61 | $-2.83 | $-4.71 | $2.01 | $2.56 | $3.83 | $2.80 |
| EPS (Diluted) | $2.42 | $0.61 | $-2.83 | $-4.71 | $1.99 | $2.52 | $3.77 | $2.76 |
| Shares Outstanding (Basic) | 81.5M | 80.4M | 79.8M | 79.3M | 78.7M | 79.5M | 80.2M | 82.1M |
| Shares Outstanding (Diluted) | 82.8M | 81.2M | 79.8M | 79.3M | 79.7M | 80.6M | 81.4M | 83.2M |
| Dividends Per Share | $0.80 | $0.80 | $0.80 | $0.72 | $0.72 | — | — | — |