NEWMARKET CORPORATION
Income Statement
| Line Item | FY2009 | FY2008 |
|---|---|---|
| Revenue | $1.53B | $1.62B |
| Cost of Revenue | $1.07B | $1.30B |
| Gross Profit | $463.3M | $314.5M |
| Gross Margin | 30.3% | 19.4% |
| Operating Expenses | ||
| Research & Development | $86.1M | $81.8M |
| SG&A Expense | $114.9M | $116.4M |
| Operating Income | $262.3M | $116.4M |
| Operating Margin | 17.1% | 7.2% |
| Interest Expense | $11.7M | — |
| Pretax Income | $239.4M | $105.3M |
| Income Tax Expense | $77.1M | $32.1M |
| Net Income | $162.3M | $73.2M |
| Net Margin | 10.6% | 4.5% |
| EPS (Basic) | $10.67 | $4.77 |
| EPS (Diluted) | $10.65 | $4.75 |
| Shares Outstanding (Basic) | 15.2M | 15.4M |
| Shares Outstanding (Diluted) | 15.2M | 15.4M |
| Dividends Per Share | $1.08 | $0.80 |