Miller Industries, Inc.
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $615.1M | $601.1M | $541.0M | $492.8M | $404.2M | $342.7M | $412.7M | $306.9M |
| Cost of Revenue | $548.0M | $536.8M | $483.4M | $439.8M | $361.7M | $302.6M | $342.6M | $260.6M |
| Gross Profit | $67.1M | $64.3M | $57.6M | $53.0M | $42.4M | $40.1M | $70.1M | $46.3M |
| Gross Margin | 10.9% | 10.7% | 10.7% | 10.8% | 10.5% | 11.7% | 17.0% | 15.1% |
| Operating Expenses | ||||||||
| Research & Development | $1.9M | $1.8M | $1.6M | $1.9M | $1.3M | $1.4M | $1.9M | $1.3M |
| SG&A Expense | $35.6M | $32.3M | $31.5M | $28.5M | $28.3M | $27.5M | $31.4M | $26.7M |
| Operating Income | $31.5M | $32.0M | $26.1M | $24.5M | $14.1M | $12.6M | $38.7M | $19.6M |
| Operating Margin | 5.1% | 5.3% | 4.8% | 5.0% | 3.5% | 3.7% | 9.4% | 6.4% |
| Interest Expense | $1.6M | $1.2M | $919.0K | $554.0K | $369.0K | $712.0K | $728.0K | $305.0K |
| Pretax Income | $30.3M | $31.1M | $24.9M | $23.5M | $13.9M | $12.7M | $38.1M | $19.3M |
| Income Tax Expense | $7.3M | $11.2M | $8.9M | $8.7M | $5.2M | $3.5M | $15.1M | $7.6M |
| Net Income | $23.0M | $19.9M | $16.0M | $14.9M | $9.2M | $9.1M | $23.0M | $11.7M |
| Net Margin | 3.7% | 3.3% | 3.0% | 3.0% | 2.3% | 2.7% | 5.6% | 3.8% |
| EPS (Basic) | $2.02 | $1.76 | $1.41 | $1.32 | $0.82 | $0.82 | $1.98 | $1.00 |
| EPS (Diluted) | $2.02 | $1.75 | $1.41 | $1.31 | $0.82 | $0.82 | $1.92 | $0.96 |
| Shares Outstanding (Basic) | 11.4M | 11.3M | 11.3M | 11.3M | 11.2M | 11.1M | 11.6M | 11.7M |
| Shares Outstanding (Diluted) | 11.4M | 11.4M | 11.4M | 11.4M | 11.3M | 11.3M | 12.0M | 12.2M |
| Dividends Per Share | $0.72 | $0.68 | $0.64 | $0.60 | $0.56 | $0.52 | $0.48 | $0.10 |