Lincoln Electric Holdings Inc.

LECO ·Industrials, Specialty Industrial Machinery, United States
Financial Statements Income Statement
Annual Quarterly

Income Statement

Line Item FY2009 FY2008
Revenue $1.73B $2.48B
Cost of Revenue $1.27B $1.76B
Gross Profit $456.3M $720.2M
Gross Margin 26.4% 29.0%
Operating Expenses
Research & Development $27.6M
SG&A Expense $333.1M $405.1M
Operating Income $93.2M $295.7M
Operating Margin 5.4% 11.9%
Interest Expense $8.5M $12.2M
Pretax Income $86.7M
Income Tax Expense $37.9M $87.5M
Net Income $48.6M $212.3M
Net Margin 2.8% 8.6%
EPS (Basic) $0.57 $4.98
EPS (Diluted) $0.57 $4.93
Shares Outstanding (Basic) 84.8M 42.6M
Shares Outstanding (Diluted) 85.3M 43.1M
Dividends Per Share $0.55 $1.02
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