Neogen Corporation
Income Statement
| Line Item | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $397.9M | $358.3M | $321.3M | $283.1M | $247.4M | $207.5M | $184.0M | $172.7M |
| Cost of Revenue | $211.7M | $189.6M | $168.2M | $143.4M | $124.8M | $98.0M | $91.6M | $84.9M |
| Gross Profit | $186.3M | $168.9M | $153.1M | $139.7M | $122.6M | $109.5M | $92.4M | $87.8M |
| Gross Margin | 46.8% | 47.1% | 47.6% | 49.3% | 49.6% | 52.8% | 50.2% | 50.8% |
| Operating Expenses | ||||||||
| Research & Development | $10.9M | $10.4M | $9.9M | $9.6M | $8.3M | $7.8M | $6.6M | $6.8M |
| SG&A Expense | $38.3M | $34.2M | $29.2M | $25.2M | $24.4M | $20.2M | $17.0M | $15.1M |
| Operating Income | $70.2M | $64.9M | $56.4M | $53.1M | $43.4M | $40.7M | $33.7M | $35.8M |
| Operating Margin | 17.6% | 18.1% | 17.6% | 18.8% | 17.5% | 19.6% | 18.3% | 20.8% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $73.5M | $66.7M | $55.5M | $52.1M | $43.0M | $41.1M | $33.8M | $35.2M |
| Income Tax Expense | $10.3M | $22.7M | $19.0M | $18.5M | $15.0M | $14.1M | $11.5M | $12.4M |
| Net Income | $63.1M | $43.8M | $36.6M | $33.5M | $28.2M | $27.2M | $22.5M | $22.8M |
| Net Margin | 15.9% | 12.2% | 11.4% | 11.8% | 11.4% | 13.1% | 12.2% | 13.2% |
| EPS (Basic) | $0.62 | $0.44 | $0.37 | $0.46 | $0.39 | $0.38 | $0.32 | $0.50 |
| EPS (Diluted) | $0.61 | $0.43 | $0.36 | $0.45 | $0.38 | $0.38 | $0.31 | $0.48 |
| Shares Outstanding (Basic) | 102.7M | 101.1M | 99.7M | 73.9M | 73.0M | 71.5M | 70.4M | 46.0M |
| Shares Outstanding (Diluted) | 104.3M | 102.3M | 101.0M | 74.9M | 74.5M | 73.0M | 72.1M | 47.6M |
| Dividends Per Share | — | — | — | — | — | — | — | — |