Logitech International S.A.
Income Statement
| Line Item | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.57B | $2.22B | $2.02B | $2.00B | $2.01B | $2.10B | $2.32B | $2.37B |
| Cost of Revenue | — | $1.40B | $1.34B | $1.30B | $1.35B | $1.39B | $1.51B | $1.53B |
| Gross Profit | $909.2M | $820.0M | $681.0M | $705.5M | $661.5M | $709.6M | $807.5M | $839.1M |
| Gross Margin | 35.4% | 36.9% | 33.7% | 35.2% | 32.9% | 33.8% | 34.9% | 35.5% |
| Operating Expenses | ||||||||
| Research & Development | $143.8M | $130.5M | $113.2M | $107.5M | $112.4M | $155.0M | $162.2M | $156.8M |
| SG&A Expense | $96.4M | $100.3M | $101.0M | $126.0M | $112.7M | $114.4M | $109.3M | $116.0M |
| Operating Income | $229.7M | $211.9M | $129.1M | $154.2M | $105.7M | $-252.0M | $114.0M | $145.7M |
| Operating Margin | 8.9% | 9.5% | 6.4% | 7.7% | 5.3% | -12.0% | 4.9% | 6.2% |
| Interest Expense | — | — | $0 | $0 | $2.2M | $1.3M | $447.0K | $27.0K |
| Pretax Income | $232.3M | $215.0M | $131.5M | $153.1M | $107.3M | $-253.3M | $124.3M | $151.2M |
| Income Tax Expense | $23.7M | $9.1M | $3.1M | $4.7M | $1.3M | $-25.8M | $20.1M | $20.0M |
| Net Income | $208.5M | $205.9M | $119.3M | $9.3M | $74.3M | $-227.5M | $104.2M | $128.5M |
| Net Margin | 8.1% | 9.3% | 5.9% | 0.5% | 3.7% | -10.8% | 4.5% | 5.4% |
| EPS (Basic) | $1.27 | $1.27 | $0.73 | $0.06 | $0.46 | $-1.44 | $0.60 | $0.74 |
| EPS (Diluted) | $1.23 | $1.24 | $0.72 | $0.06 | $0.46 | $-1.44 | $0.59 | $0.73 |
| Shares Outstanding (Basic) | 164.0M | 162.1M | 163.3M | 163.5M | 160.6M | 158.5M | 174.6M | 176.9M |
| Shares Outstanding (Diluted) | 169.0M | 165.5M | 165.8M | 166.2M | 162.5M | 158.5M | 175.6M | 178.8M |
| Dividends Per Share | $0.63 | $570.00 | $0.53 | $0.27 | $0.22 | $0.85 | — | — |