MICROCHIP TECHNOLOGY INCORPORATED
Income Statement
| Line Item | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $3.98B | $3.41B | $2.17B | $2.15B | $1.93B | $1.58B | $1.38B | $1.49B |
| Cost of Revenue | $1.56B | $1.65B | $967.8M | $917.5M | $802.5M | $743.2M | $590.8M | $612.8M |
| Gross Profit | $2.42B | $1.76B | $1.21B | $1.23B | $1.13B | $838.5M | $799.3M | $881.3M |
| Gross Margin | 60.8% | 51.6% | 55.5% | 57.3% | 58.4% | 53.0% | 57.8% | 59.3% |
| Operating Expenses | ||||||||
| Research & Development | $529.3M | $545.3M | $372.6M | $349.5M | $305.0M | $254.7M | $182.7M | $170.6M |
| SG&A Expense | $452.1M | $499.8M | $301.7M | $274.8M | $267.3M | $261.5M | $208.3M | $222.2M |
| Operating Income | $936.3M | $275.8M | $352.3M | $425.6M | $458.9M | $178.6M | $396.5M | $474.2M |
| Operating Margin | 23.5% | 8.1% | 16.2% | 19.8% | 23.8% | 11.3% | 28.7% | 31.9% |
| Interest Expense | $199.0M | $146.3M | $104.0M | $62.0M | $48.7M | $40.9M | $34.3M | $31.5M |
| Pretax Income | $737.3M | $89.8M | $281.3M | $345.9M | $432.4M | $152.2M | $379.7M | $460.7M |
| Income Tax Expense | $481.9M | $-80.8M | $-42.6M | $-19.4M | $37.1M | $24.8M | $43.0M | $31.5M |
| Net Income | $255.4M | $164.6M | $324.1M | $369.0M | $395.3M | $127.4M | $336.7M | $419.0M |
| Net Margin | 6.4% | 4.8% | 14.9% | 17.2% | 20.5% | 8.1% | 24.3% | 28.2% |
| EPS (Basic) | $0.55 | $0.38 | $0.80 | $0.92 | $1.00 | $0.33 | $0.88 | $1.12 |
| EPS (Diluted) | $0.52 | $0.36 | $0.75 | $0.83 | $0.91 | $0.31 | $0.83 | $1.08 |
| Shares Outstanding (Basic) | 465.8M | 434.4M | 406.8M | 401.9M | 396.6M | 389.2M | 382.6M | 374.1M |
| Shares Outstanding (Diluted) | 497.8M | 469.6M | 434.8M | 447.1M | 435.3M | 411.6M | 407.0M | 389.4M |
| Dividends Per Share | $0.72 | $0.72 | $0.72 | $0.71 | $0.71 | $0.70 | $0.70 | $0.69 |