NETGEAR, Inc.
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.04B | $1.14B | $1.30B | $1.39B | $1.37B | $1.27B | $1.18B | $902.1M |
| Cost of Revenue | $731.5M | $769.5M | $933.0M | $995.6M | $976.0M | $888.4M | $811.6M | $602.8M |
| Gross Profit | $307.7M | $373.9M | $367.7M | $397.9M | $393.6M | $383.6M | $369.4M | $299.2M |
| Gross Margin | 29.6% | 32.7% | 28.3% | 28.6% | 28.7% | 30.2% | 31.3% | 33.2% |
| Operating Expenses | ||||||||
| Research & Development | $71.9M | $70.9M | $86.5M | $90.9M | $85.2M | $61.1M | $48.7M | $40.0M |
| SG&A Expense | $54.3M | $54.0M | $45.3M | $46.6M | $48.9M | $45.0M | $39.4M | $36.2M |
| Operating Income | $42.6M | $105.5M | $85.4M | $28.1M | $93.0M | $126.1M | $124.9M | $91.4M |
| Operating Margin | 4.1% | 9.2% | 6.6% | 2.0% | 6.8% | 9.9% | 10.6% | 10.1% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $46.2M | $106.5M | $85.6M | $30.8M | $93.0M | $129.3M | $124.2M | $91.2M |
| Income Tax Expense | $57.4M | $36.2M | $37.0M | $22.0M | $37.8M | $42.7M | $32.8M | $40.3M |
| Net Income | $19.4M | $75.9M | $48.6M | $8.8M | $55.2M | $86.5M | $91.4M | $50.9M |
| Net Margin | 1.9% | 6.6% | 3.7% | 0.6% | 4.0% | 6.8% | 7.7% | 5.6% |
| EPS (Basic) | $0.61 | $2.32 | $1.47 | $0.25 | $1.44 | $2.27 | $2.46 | $1.44 |
| EPS (Diluted) | $0.61 | $2.25 | $1.44 | $0.24 | $1.42 | $2.23 | $2.41 | $1.41 |
| Shares Outstanding (Basic) | 32.1M | 32.8M | 33.2M | 35.8M | 38.4M | 38.1M | 37.1M | 35.4M |
| Shares Outstanding (Diluted) | 32.1M | 33.7M | 33.8M | 36.4M | 38.9M | 38.7M | 37.9M | 36.1M |
| Dividends Per Share | — | — | — | — | — | — | — | — |