NOVANTA INC.
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $521.3M | $384.8M | $373.6M | $364.7M | $316.9M | $243.8M | $304.3M | $285.9M |
| Cost of Revenue | $300.8M | $222.3M | $215.7M | $214.5M | $184.7M | $138.3M | $171.2M | $155.3M |
| Gross Profit | $220.5M | $162.5M | $157.9M | $150.2M | $132.2M | $105.5M | $133.1M | $130.6M |
| Gross Margin | 42.3% | 42.2% | 42.3% | 41.2% | 41.7% | 43.3% | 43.7% | 45.7% |
| Operating Expenses | ||||||||
| Research & Development | $41.7M | $32.0M | $31.0M | $29.0M | $23.8M | $18.5M | $23.5M | $22.3M |
| SG&A Expense | $101.7M | $81.3M | $82.0M | $84.4M | $76.3M | $59.7M | $67.9M | $64.5M |
| Operating Income | $57.6M | $33.0M | $28.9M | $-16.8M | $19.4M | $20.3M | $35.8M | $36.0M |
| Operating Margin | 11.0% | 8.6% | 7.7% | -4.6% | 6.1% | 8.3% | 11.8% | 12.6% |
| Interest Expense | — | — | — | — | — | — | $13.1M | $19.9M |
| Pretax Income | $76.1M | $32.5M | $46.0M | $-17.9M | $16.2M | $16.7M | $24.2M | $-8.0M |
| Income Tax Expense | $13.8M | $10.5M | $10.4M | $-1.0M | $6.2M | $-11.6M | $2.5M | $12.0M |
| Net Income | $60.1M | $22.0M | $35.6M | $-24.3M | $7.3M | $19.5M | $29.0M | $-687.0K |
| Net Margin | 11.5% | 5.7% | 9.5% | -6.6% | 2.3% | 8.0% | 9.5% | -0.2% |
| EPS (Basic) | $1.14 | $0.63 | $1.03 | $-0.70 | $0.21 | $0.58 | $0.87 | $-0.03 |
| EPS (Diluted) | $1.13 | $0.63 | $1.02 | $-0.70 | $0.21 | $0.58 | $0.86 | $-0.03 |
| Shares Outstanding (Basic) | 34.8M | 34.7M | 34.6M | 34.4M | 34.1M | 33.8M | 33.5M | 23.7M |
| Shares Outstanding (Diluted) | 35.3M | 34.9M | 34.8M | 34.4M | 34.4M | 33.9M | 33.6M | 23.7M |
| Dividends Per Share | — | — | — | — | — | — | — | — |