NETSCOUT SYSTEMS, INC.
Income Statement
| Line Item | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $986.8M | $1.16B | $955.4M | $453.7M | $396.6M | $350.6M | $308.7M | $290.5M |
| Cost of Revenue | $271.9M | $346.1M | $328.4M | $94.6M | $84.5M | $74.0M | $65.7M | $61.4M |
| Gross Profit | $714.9M | $816.0M | $627.0M | $359.1M | $312.1M | $276.5M | $243.0M | $229.2M |
| Gross Margin | 72.4% | 70.2% | 65.6% | 79.2% | 78.7% | 78.9% | 78.7% | 78.9% |
| Operating Expenses | ||||||||
| Research & Development | $215.1M | $232.7M | $208.6M | $75.2M | $70.5M | $61.5M | $49.5M | $40.6M |
| SG&A Expense | $109.5M | $118.4M | $117.7M | $47.3M | $30.6M | $29.7M | $27.5M | $23.3M |
| Operating Income | $-4.1M | $62.1M | $-25.6M | $96.8M | $78.0M | $64.5M | $53.7M | $58.1M |
| Operating Margin | -0.4% | 5.3% | -2.7% | 21.3% | 19.7% | 18.4% | 17.4% | 20.0% |
| Interest Expense | $12.6M | $9.2M | $6.3M | $773.0K | $768.0K | $1.3M | $1.8M | $2.5M |
| Pretax Income | $-18.7M | $52.2M | $-32.4M | $95.0M | $77.9M | $63.7M | $50.9M | $56.3M |
| Income Tax Expense | $-98.5M | $18.9M | $-4.1M | $33.8M | $28.8M | $23.1M | $18.5M | $19.0M |
| Net Income | $79.8M | $33.3M | $-28.4M | $61.2M | $49.1M | $40.6M | $32.4M | $37.3M |
| Net Margin | 8.1% | 2.9% | -3.0% | 13.5% | 12.4% | 11.6% | 10.5% | 12.8% |
| EPS (Basic) | $0.91 | $0.36 | $-0.35 | $1.49 | $1.19 | $0.97 | $0.77 | $0.89 |
| EPS (Diluted) | $0.90 | $0.36 | $-0.35 | $1.47 | $1.17 | $0.96 | $0.76 | $0.87 |
| Shares Outstanding (Basic) | 87.4M | 92.2M | 81.9M | 41.1M | 41.4M | 41.7M | 42.0M | 42.1M |
| Shares Outstanding (Diluted) | 88.3M | 92.9M | 81.9M | 41.6M | 42.0M | 42.3M | 42.8M | 43.0M |
| Dividends Per Share | — | — | — | — | — | — | — | — |