LTC PROPERTIES INC
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $168.1M | $161.6M | $136.2M | $119.0M | $105.0M | $92.5M | $83.6M | $74.3M |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $17.5M | $17.4M | $15.0M | $11.6M | $11.5M | $10.7M | $9.7M | $9.8M |
| Operating Income | $85.1M | $84.0M | $70.7M | $68.4M | $55.4M | $50.3M | $48.6M | $45.6M |
| Operating Margin | 50.6% | 52.0% | 51.9% | 57.5% | 52.8% | 54.4% | 58.1% | 61.4% |
| Interest Expense | $29.9M | $26.4M | $17.5M | $13.1M | $11.4M | $9.9M | $6.4M | $2.7M |
| Pretax Income | — | — | — | — | — | — | — | — |
| Income Tax Expense | $0 | $0 | $0 | $0 | — | — | — | — |
| Net Income | $87.3M | $85.1M | $73.1M | $73.4M | $57.8M | $51.3M | $49.3M | $45.9M |
| Net Margin | 52.0% | 52.7% | 53.7% | 61.7% | 55.1% | 55.5% | 58.9% | 61.7% |
| EPS (Basic) | $2.21 | $2.21 | $1.97 | $2.01 | $1.64 | $1.58 | $1.36 | $1.21 |
| EPS (Diluted) | $2.20 | $2.21 | $1.94 | $1.99 | $1.63 | $1.57 | $1.36 | $1.21 |
| Shares Outstanding (Basic) | 39.4M | 38.4M | 35.6M | 34.6M | 33.1M | 30.2M | 29.2M | 24.5M |
| Shares Outstanding (Diluted) | 39.6M | 38.6M | 37.3M | 36.6M | 33.1M | 30.3M | 29.2M | 24.6M |
| Dividends Per Share | $2.28 | $2.19 | $2.07 | $2.04 | $1.91 | $1.79 | $1.68 | $1.58 |