MBIA INC.
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $433.0M | $294.0M | $853.0M | $1.27B | $1.21B | $2.44B | $-1.56B | $894.0M |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $129.0M | $177.0M | $190.0M | $239.0M | $384.0M | $431.0M | $371.0M | — |
| Operating Income | $-464.0M | $-142.0M | $488.0M | $851.0M | $652.0M | $1.88B | $-1.94B | $-95.0M |
| Operating Margin | -107.2% | -48.3% | 57.2% | 67.0% | 53.9% | 77.3% | 124.5% | -10.6% |
| Interest Expense | $197.0M | $197.0M | $199.0M | $210.0M | $236.0M | $284.0M | $300.0M | — |
| Pretax Income | $-661.0M | $-339.0M | $289.0M | $641.0M | $416.0M | $1.60B | $-2.24B | $-95.0M |
| Income Tax Expense | $944.0M | $-1.0M | $109.0M | $72.0M | $166.0M | $364.0M | $-920.0M | $-148.0M |
| Net Income | $-1.61B | $-338.0M | $180.0M | $569.0M | $250.0M | $1.23B | $-1.32B | $53.0M |
| Net Margin | -370.7% | -115.0% | 21.1% | 44.8% | 20.7% | 50.7% | 84.7% | 5.9% |
| EPS (Basic) | $-13.50 | $-2.54 | $1.06 | $2.94 | $1.30 | $6.36 | $-6.85 | $0.26 |
| EPS (Diluted) | $-13.50 | $-2.54 | $1.06 | $2.76 | $1.29 | $6.33 | $-6.85 | $0.26 |
| Shares Outstanding (Basic) | 118.9M | 133.0M | 163.9M | 188.2M | 189.1M | 188.8M | 192.5M | 202.4M |
| Shares Outstanding (Diluted) | 118.9M | 133.0M | 164.9M | 190.9M | 190.3M | 189.9M | 192.5M | 203.0M |
| Dividends Per Share | — | — | — | — | — | — | — | — |