NORTHERN TECHNOLOGIES INTERNATIONAL CORP
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|
| Revenue | $39.6M | $32.9M | $30.3M | $26.8M | $22.5M | $22.8M | $19.5M |
| Cost of Revenue | $26.3M | $22.3M | $20.6M | $17.8M | $15.5M | $14.5M | $12.8M |
| Gross Profit | $13.3M | $10.6M | $9.8M | $9.0M | $7.0M | $8.3M | $6.8M |
| Gross Margin | 33.5% | 32.2% | 32.2% | 33.6% | 31.2% | 36.2% | 34.6% |
| Operating Expenses | |||||||
| Research & Development | $2.9M | $4.7M | $4.0M | $4.4M | $3.8M | $3.9M | $4.4M |
| SG&A Expense | $7.8M | $8.2M | $6.5M | $5.4M | $4.6M | $4.3M | $4.3M |
| Operating Income | $4.6M | $1.3M | $3.2M | $6.7M | $5.0M | $4.6M | $4.6M |
| Operating Margin | 11.6% | 3.9% | 10.4% | 25.0% | 22.1% | 20.1% | 23.7% |
| Interest Expense | $20.4K | $13.3K | $21.0K | $47.3K | $52.2K | $29.4K | $59.5K |
| Pretax Income | — | — | — | — | — | — | — |
| Income Tax Expense | $699.5K | $626.1K | $648.7K | $1.1M | $864.0K | $1.0M | $706.0K |
| Net Income | $3.4M | $-867.5K | $1.8M | $4.1M | $3.4M | $3.4M | $3.9M |
| Net Margin | 8.6% | -2.6% | 5.9% | 15.3% | 15.0% | 15.1% | 20.0% |
| EPS (Basic) | $0.38 | $-0.10 | $0.20 | $0.46 | $0.38 | $0.40 | $0.45 |
| EPS (Diluted) | $0.38 | $-0.10 | $0.19 | $0.45 | $0.38 | $0.39 | $0.45 |
| Shares Outstanding (Basic) | 9.1M | 9.1M | 9.0M | 8.9M | 8.8M | 8.8M | 8.7M |
| Shares Outstanding (Diluted) | 9.2M | 9.1M | 9.3M | 9.2M | 9.0M | 8.9M | 8.8M |
| Dividends Per Share | $0.00 | — | — | — | — | — | — |