The Manitowoc Company, Inc.
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.58B | $1.61B | $1.87B | $2.31B | $4.05B | $3.91B | $3.59B | $3.11B |
| Cost of Revenue | $1.30B | $1.36B | $1.53B | $1.84B | $3.03B | $2.97B | $2.76B | $2.35B |
| Gross Profit | $281.9M | $253.3M | $332.2M | $467.2M | $1.02B | $943.0M | $832.9M | $759.4M |
| Gross Margin | 17.8% | 15.7% | 17.8% | 20.3% | 25.2% | 24.1% | 23.2% | 24.4% |
| Operating Expenses | ||||||||
| Research & Development | $37.9M | $44.5M | $57.6M | $56.4M | $86.4M | $87.7M | $80.6M | $72.2M |
| SG&A Expense | — | — | — | — | — | — | — | — |
| Operating Income | $8.4M | $-143.0M | $-12.4M | $107.1M | $364.4M | $296.9M | $229.5M | $207.0M |
| Operating Margin | 0.5% | -8.9% | -0.7% | 4.6% | 9.0% | 7.6% | 6.4% | 6.7% |
| Interest Expense | $39.2M | $39.6M | $95.6M | $92.8M | $128.4M | $135.6M | $145.4M | $175.0M |
| Pretax Income | $-39.5M | $-268.1M | $-111.0M | $-20.4M | $225.2M | $146.9M | $46.3M | $-43.0M |
| Income Tax Expense | $-49.5M | $100.5M | $-41.1M | $-17.8M | $36.1M | $38.0M | $13.6M | $26.2M |
| Net Income | $9.4M | $-375.8M | $65.5M | $143.9M | $167.6M | $92.6M | $-17.7M | $-73.4M |
| Net Margin | 0.6% | -23.3% | 3.5% | 6.2% | 4.1% | 2.4% | -0.5% | -2.4% |
| EPS (Basic) | $0.26 | $-10.91 | $1.92 | $1.07 | $1.07 | $0.77 | $-0.09 | $-0.57 |
| EPS (Diluted) | $0.26 | $-10.91 | $1.92 | $1.07 | $1.05 | $0.76 | $-0.08 | $-0.57 |
| Shares Outstanding (Basic) | 35.1M | 34.4M | 34.0M | 134.9M | 132.9M | 131.4M | 130.5M | 130.6M |
| Shares Outstanding (Diluted) | 35.9M | 34.4M | 34.0M | 134.9M | 135.3M | 133.3M | 133.4M | 130.6M |
| Dividends Per Share | $0.00 | $0.00 | $0.08 | $0.08 | $0.08 | $0.08 | — | — |