M/I Homes, Inc.
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.96B | $1.69B | $1.42B | $1.22B | $1.04B | $761.9M | $566.4M | $616.4M |
| Cost of Revenue | $1.56B | — | — | — | — | — | — | — |
| Gross Profit | $400.9M | — | — | — | — | — | — | — |
| Gross Margin | 20.4% | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | $3.6M | $2.4M | $2.5M | $2.4M |
| SG&A Expense | $126.3M | $111.6M | $93.2M | $88.8M | $79.5M | $62.6M | $52.7M | $54.0M |
| Operating Income | $138.7M | $108.7M | $111.8M | $82.8M | $58.7M | $28.8M | $-18.9M | $-9.6M |
| Operating Margin | 7.1% | 6.4% | 7.9% | 6.8% | 5.7% | 3.8% | -3.3% | -1.6% |
| Interest Expense | $18.9M | $17.6M | $17.5M | $13.4M | $15.9M | $16.1M | $15.0M | $9.4M |
| Pretax Income | — | — | — | — | — | — | — | — |
| Income Tax Expense | $48.2M | $35.2M | $35.2M | $18.9M | $-110.1M | $-588.0K | $-25.0K | $-1.1M |
| Net Income | $72.1M | $56.6M | $51.8M | $50.8M | $151.4M | $13.3M | $-33.9M | $-26.3M |
| Net Margin | 3.7% | 3.3% | 3.6% | 4.2% | 14.6% | 1.8% | -6.0% | -4.3% |
| EPS (Basic) | $2.57 | $2.10 | $1.91 | $1.88 | $6.11 | $0.68 | $-1.81 | $-1.42 |
| EPS (Diluted) | $2.26 | $1.84 | $1.68 | $1.65 | $5.24 | $0.67 | $-1.81 | $-1.42 |
| Shares Outstanding (Basic) | 25.8M | 24.7M | 24.6M | 24.5M | 23.8M | 19.7M | 18.7M | 18.5M |
| Shares Outstanding (Diluted) | 30.7M | 30.1M | 30.0M | 29.9M | 28.8M | 19.9M | 18.7M | 18.5M |
| Dividends Per Share | — | — | — | — | — | — | — | — |