MUELLER WATER PRODUCTS, INC.
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $826.0M | $800.6M | $793.4M | $1.18B | $7.5M | $7.4M | $8.8M | $959.7M |
| Cost of Revenue | $558.1M | $531.7M | $547.1M | $836.8M | $807.6M | $752.8M | $716.5M | $700.6M |
| Gross Profit | $267.9M | $268.9M | $246.3M | $347.9M | $313.2M | $271.1M | $248.1M | $259.1M |
| Gross Margin | 32.4% | 33.6% | 31.0% | 29.4% | 4,176.0% | 3,663.5% | 2,819.3% | 27.0% |
| Operating Expenses | ||||||||
| Research & Development | $12.1M | $9.9M | $12.1M | $14.4M | $14.8M | $12.7M | $9.9M | — |
| SG&A Expense | $155.4M | $149.5M | $146.7M | $220.7M | $214.4M | $204.2M | $191.8M | $188.8M |
| Operating Income | $102.1M | $112.2M | $79.6M | $124.1M | $97.3M | $64.1M | $52.7M | $69.7M |
| Operating Margin | 12.4% | 14.0% | 10.0% | 10.5% | 1,297.3% | 866.2% | 598.9% | 7.3% |
| Interest Expense | $24.2M | $24.0M | $27.8M | $50.0M | $52.0M | $60.2M | $-65.9M | $68.3M |
| Pretax Income | — | — | — | $73.5M | $44.2M | $2.7M | $-12.9M | $-2.9M |
| Income Tax Expense | $24.2M | $24.2M | $8.3M | $18.0M | $8.8M | $7.9M | $-2.9M | $2.5M |
| Net Income | $123.3M | $63.9M | $30.9M | $55.5M | $40.8M | $-108.4M | $-38.1M | $-45.2M |
| Net Margin | 14.9% | 8.0% | 3.9% | 4.7% | 544.0% | -1,464.9% | -433.0% | -4.7% |
| EPS (Basic) | $0.77 | $0.40 | $0.19 | $0.35 | $0.26 | $-0.69 | $-0.25 | $-0.29 |
| EPS (Diluted) | $0.76 | $0.39 | $0.19 | $0.34 | $0.25 | $-0.69 | $-0.25 | $-0.29 |
| Shares Outstanding (Basic) | 160.1M | 161.3M | 160.5M | 159.2M | 157.7M | 156.5M | 155.3M | 154.3M |
| Shares Outstanding (Diluted) | 161.8M | 163.4M | 163.2M | 162.2M | 160.3M | 156.5M | 155.3M | 154.3M |
| Dividends Per Share | $0.15 | $0.10 | $0.08 | $0.07 | $0.07 | $0.07 | $0.07 | $0.00 |