Mid-America Apartment Communities, Inc.
Income Statement
| Line Item | FY2017 | FY2012 | FY2011 | FY2010 | FY2009 | FY2008 |
|---|---|---|---|---|---|---|
| Revenue | $1.53B | $497.2M | $430.8M | $380.1M | $374.4M | $370.0M |
| Cost of Revenue | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — |
| Operating Expenses | ||||||
| Research & Development | — | — | — | — | — | — |
| SG&A Expense | $40.2M | $13.8M | $18.1M | $12.4M | $11.3M | $11.8M |
| Operating Income | $496.5M | $130.3M | $95.2M | $85.3M | $92.2M | $95.9M |
| Operating Margin | 32.5% | 26.2% | 22.1% | 22.4% | 24.6% | 25.9% |
| Interest Expense | $154.8M | $58.8M | $57.4M | $54.6M | $57.0M | $62.0M |
| Pretax Income | $341.8M | $67.8M | $35.4M | $30.0M | $33.2M | $31.7M |
| Income Tax Expense | $2.6M | — | — | — | — | — |
| Net Income | $328.4M | $105.2M | $48.8M | $29.8M | $37.2M | $30.2M |
| Net Margin | 21.5% | 21.2% | 11.3% | 7.8% | 9.9% | 8.2% |
| EPS (Basic) | $2.86 | $2.56 | $1.32 | $0.57 | $0.85 | $0.64 |
| EPS (Diluted) | $2.86 | $2.56 | $1.31 | $0.56 | $0.85 | $0.64 |
| Shares Outstanding (Basic) | 113.4M | 41.0M | 37.0M | 31.9M | 28.3M | 26.9M |
| Shares Outstanding (Diluted) | 113.7M | 42.9M | 39.1M | 32.0M | 28.4M | 27.1M |
| Dividends Per Share | $3.53 | $2.68 | $2.54 | $2.47 | $2.46 | $2.46 |