Lincoln Electric Holdings Inc.
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.62B | $2.27B | $2.54B | $2.81B | $2.85B | $2.85B | $2.69B | $2.07B |
| Cost of Revenue | $1.75B | $1.49B | $1.69B | $1.86B | $1.91B | $1.99B | $1.96B | $1.51B |
| Gross Profit | $875.1M | $786.6M | $841.1M | $949.3M | $942.7M | $866.7M | $736.7M | $563.8M |
| Gross Margin | 33.3% | 34.6% | 33.2% | 33.7% | 33.0% | 30.4% | 27.3% | 27.2% |
| Operating Expenses | ||||||||
| Research & Development | $47.9M | $44.7M | $47.2M | $43.3M | $42.1M | $37.3M | $32.8M | $29.5M |
| SG&A Expense | $541.2M | $468.6M | $496.7M | $545.5M | $527.2M | $495.2M | $439.8M | $377.8M |
| Operating Income | $376.9M | $283.6M | $181.7M | $373.7M | $407.0M | $362.1M | $296.7M | $186.4M |
| Operating Margin | 14.4% | 12.5% | 7.2% | 13.3% | 14.3% | 12.7% | 11.0% | 9.0% |
| Interest Expense | $24.2M | $19.1M | $21.8M | $10.4M | $2.9M | $4.2M | $6.7M | $6.7M |
| Pretax Income | $366.2M | $277.4M | $169.8M | $375.8M | $416.4M | $369.6M | $301.3M | $187.1M |
| Income Tax Expense | $118.8M | $79.0M | $42.4M | $121.9M | $124.8M | $112.4M | $84.3M | $54.9M |
| Net Income | $247.5M | $198.4M | $127.4M | $253.9M | $291.7M | $257.2M | $217.0M | $130.2M |
| Net Margin | 9.4% | 8.7% | 5.0% | 9.0% | 10.2% | 9.0% | 8.1% | 6.3% |
| EPS (Basic) | $3.76 | $2.94 | $1.72 | $3.22 | $3.58 | $3.10 | $2.60 | $1.54 |
| EPS (Diluted) | $3.71 | $2.91 | $1.70 | $3.18 | $3.54 | $3.06 | $2.56 | $1.53 |
| Shares Outstanding (Basic) | 65.7M | 67.5M | 74.1M | 79.2M | 82.0M | 83.1M | 83.7M | 84.4M |
| Shares Outstanding (Diluted) | 66.6M | 68.2M | 74.9M | 80.1M | 83.0M | 84.2M | 84.7M | 85.2M |
| Dividends Per Share | $1.44 | $1.31 | $1.19 | $0.98 | $0.83 | $0.71 | $0.64 | $0.58 |