Natural Grocers by Vitamin Cottage, Inc.
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|
| Revenue | $769.0M | $705.5M | $624.7M | $520.7M | $430.7M | $336.4M | $264.5M |
| Cost of Revenue | — | — | — | — | — | — | — |
| Gross Profit | $212.3M | $201.8M | $182.1M | $151.5M | $125.7M | $99.1M | $77.4M |
| Gross Margin | 27.6% | 28.6% | 29.2% | 29.1% | 29.2% | 29.4% | 29.3% |
| Operating Expenses | |||||||
| Research & Development | — | — | — | — | — | — | — |
| SG&A Expense | $20.1M | $19.2M | $17.5M | $14.8M | $13.5M | $12.7M | $10.4M |
| Operating Income | $14.1M | $20.4M | $28.6M | $24.2M | $19.1M | $12.0M | $7.4M |
| Operating Margin | 1.8% | 2.9% | 4.6% | 4.7% | 4.4% | 3.6% | 2.8% |
| Interest Expense | $3.8M | $3.0M | $3.0M | $2.5M | $2.2M | $568.0K | $669.0K |
| Pretax Income | $10.3M | $17.3M | $25.6M | $21.8M | $16.9M | $11.4M | $6.8M |
| Income Tax Expense | $3.4M | $5.9M | $9.4M | $8.3M | $6.4M | $4.0M | $2.2M |
| Net Income | $6.9M | $11.5M | $16.2M | $13.5M | $10.6M | $7.5M | $4.6M |
| Net Margin | 0.9% | 1.6% | 2.6% | 2.6% | 2.5% | 2.2% | 1.7% |
| EPS (Basic) | $0.31 | $0.51 | $0.72 | $0.60 | $0.47 | $0.30 | $0.16 |
| EPS (Diluted) | $0.31 | $0.51 | $0.72 | $0.60 | $0.47 | $0.30 | $0.16 |
| Shares Outstanding (Basic) | 22.5M | 22.5M | 22.5M | 22.5M | 22.4M | 22.4M | 22.4M |
| Shares Outstanding (Diluted) | 22.5M | 22.5M | 22.5M | 22.5M | 22.4M | 22.5M | 22.5M |
| Dividends Per Share | — | — | — | — | — | — | — |