KRONOS WORLDWIDE, INC.
Income Statement
| Line Item | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.66B | $1.73B | $1.36B | $1.35B | $1.65B | $1.73B | $1.98B | $1.94B |
| Cost of Revenue | $1.10B | $1.16B | $1.10B | $1.16B | $1.30B | $1.62B | $1.42B | $1.19B |
| Gross Profit | $562.2M | $569.7M | $264.7M | $192.3M | $349.7M | $112.2M | $560.4M | $748.4M |
| Gross Margin | 33.8% | 32.9% | 19.4% | 14.3% | 21.2% | 6.5% | 28.4% | 38.5% |
| Operating Expenses | ||||||||
| Research & Development | $16.0M | $18.0M | $13.0M | $16.0M | $19.0M | $18.0M | $19.0M | $20.0M |
| SG&A Expense | $228.3M | $200.6M | $168.5M | $178.0M | $191.9M | $190.4M | $183.4M | $195.0M |
| Operating Income | $330.1M | $347.8M | $92.9M | $-1.1M | $149.7M | $-132.6M | $359.6M | $546.5M |
| Operating Margin | 19.9% | 20.1% | 6.8% | -0.1% | 9.1% | -7.7% | 18.2% | 28.1% |
| Interest Expense | $19.5M | $19.0M | $20.5M | $18.5M | $17.0M | $19.6M | $26.7M | $32.7M |
| Pretax Income | $293.8M | $305.7M | $61.2M | $-30.8M | $133.7M | $-159.9M | $330.8M | $517.1M |
| Income Tax Expense | $88.8M | $-48.8M | $17.9M | $142.8M | $34.5M | $-57.9M | $112.3M | $196.1M |
| Net Income | $205.0M | $354.5M | $43.3M | $-173.6M | $99.2M | $-102.0M | $218.5M | $321.0M |
| Net Margin | 12.3% | 20.5% | 3.2% | -12.9% | 6.0% | -5.9% | 11.1% | 16.5% |
| EPS (Basic) | $1.77 | $3.06 | $0.37 | $-1.50 | $0.86 | $-0.88 | $1.89 | $2.77 |
| EPS (Diluted) | $1.77 | $3.06 | $0.37 | $-1.50 | $0.86 | $-0.88 | $1.89 | $2.77 |
| Shares Outstanding (Basic) | 115.9M | 115.9M | 115.9M | 115.9M | 115.9M | 115.9M | 115.9M | — |
| Shares Outstanding (Diluted) | 115.9M | 115.9M | 115.9M | 115.9M | 115.9M | 115.9M | 115.9M | — |
| Dividends Per Share | $0.68 | $0.60 | $0.60 | $0.60 | $0.60 | $0.60 | $0.60 | $1.08 |