Mercer International Inc.
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|
| Revenue | $1.17B | $931.6M | $1.03B | $1.18B | $1.09B | $1.07B | $1.25B |
| Cost of Revenue | $866.0M | — | — | $887.7M | $920.8M | $886.1M | $965.7M |
| Gross Profit | $303.1M | — | — | $287.4M | $89.2M | $112.3M | $208.6M |
| Gross Margin | 25.9% | — | — | 24.5% | 8.2% | 10.5% | 16.7% |
| Operating Expenses | |||||||
| Research & Development | — | — | — | — | — | — | — |
| SG&A Expense | $49.7M | $44.5M | $46.2M | $47.9M | $51.2M | $49.3M | $54.0M |
| Operating Income | $168.6M | $115.1M | $165.7M | $161.8M | $31.7M | $63.0M | $154.7M |
| Operating Margin | 14.4% | 12.4% | 16.0% | 13.8% | 2.9% | 5.9% | 12.4% |
| Interest Expense | $54.8M | $51.6M | $53.9M | $67.5M | $69.2M | $71.8M | $82.1M |
| Pretax Income | $103.9M | $59.5M | $105.0M | $104.2M | $-16.6M | $-4.1M | $74.2M |
| Income Tax Expense | $33.5M | $24.5M | $29.4M | $-16.8M | $9.2M | $9.4M | $-968.0K |
| Net Income | $70.5M | $34.9M | $75.5M | $113.2M | $-26.4M | $-15.7M | $69.7M |
| Net Margin | 6.0% | 3.8% | 7.3% | 9.6% | -2.4% | -1.5% | 5.6% |
| EPS (Basic) | $1.09 | $0.54 | $1.17 | $1.82 | $-0.47 | $-0.28 | $1.39 |
| EPS (Diluted) | $1.08 | $0.54 | $1.17 | $1.81 | $-0.47 | $-0.28 | $1.24 |
| Shares Outstanding (Basic) | 64.9M | 64.6M | 64.4M | 62.0M | 55.7M | 55.6M | 50.1M |
| Shares Outstanding (Diluted) | 65.4M | 65.1M | 64.8M | 62.5M | 55.7M | 55.6M | 57.0M |
| Dividends Per Share | $0.47 | $0.46 | $0.23 | $0.00 | $0.00 | — | — |