LIMONEIRA COMPANY
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $121.3M | $111.8M | $100.3M | $103.5M | $84.9M | $65.8M | $52.5M | $54.3M |
| Cost of Revenue | $91.2M | $83.6M | $77.2M | $74.3M | $63.6M | $47.3M | $35.2M | $31.1M |
| Gross Profit | $30.1M | $28.2M | $23.1M | $29.1M | $21.3M | $18.5M | $17.3M | $23.1M |
| Gross Margin | 24.9% | 25.2% | 23.1% | 28.2% | 25.1% | 28.1% | 33.0% | 42.6% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $13.9M | $13.3M | $13.8M | $14.3M | $11.9M | $10.5M | $9.3M | $11.0M |
| Operating Income | $11.9M | $9.2M | $4.6M | $9.9M | $5.4M | $4.6M | $1.0M | $3.1M |
| Operating Margin | 9.8% | 8.2% | 4.6% | 9.6% | 6.4% | 6.9% | 1.9% | 5.8% |
| Interest Expense | $1.8M | $1.4M | $148.0K | $0 | $124.0K | $508.0K | $1.3M | $1.6M |
| Pretax Income | $10.6M | $13.3M | $11.1M | $10.6M | $8.1M | $5.1M | $2.2M | $-94.0K |
| Income Tax Expense | $4.1M | $5.3M | $4.0M | $3.6M | $3.2M | $2.0M | $707.0K | $-72.0K |
| Net Income | $6.6M | $8.1M | $7.1M | $7.0M | $4.9M | $3.2M | $1.6M | $323.0K |
| Net Margin | 5.4% | 7.2% | 7.1% | 6.8% | 5.8% | 4.8% | 3.0% | 0.6% |
| EPS (Basic) | $0.42 | $0.52 | $0.46 | $0.46 | $0.36 | $0.26 | $0.12 | $0.01 |
| EPS (Diluted) | $0.42 | $0.52 | $0.46 | $0.46 | $0.36 | $0.26 | $0.12 | $0.01 |
| Shares Outstanding (Basic) | 14.3M | 14.2M | 14.1M | 14.1M | 12.8M | 11.2M | 11.2M | 11.2M |
| Shares Outstanding (Diluted) | 14.3M | 14.2M | 14.1M | 14.1M | 12.8M | 11.2M | 11.2M | 11.2M |
| Dividends Per Share | $0.22 | $0.20 | $0.18 | $0.17 | $0.15 | $0.13 | $0.13 | $0.13 |