Piedmont Realty Trust, Inc.
Income Statement
| Line Item | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $526.0M | $574.2M | $555.7M | $584.8M | $566.3M | $549.6M | $520.7M | $525.1M |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $29.7M | $29.3M | $27.4M | $30.3M | $23.8M | $21.9M | $20.8M | $25.1M |
| Operating Income | $115.7M | $81.3M | $70.8M | $73.7M | $107.8M | $140.9M | $135.5M | $142.8M |
| Operating Margin | 22.0% | 14.2% | 12.7% | 12.6% | 19.0% | 25.6% | 26.0% | 27.2% |
| Interest Expense | $61.0M | $68.1M | $64.9M | $74.0M | $74.4M | $73.6M | $65.0M | $65.8M |
| Pretax Income | — | — | — | — | — | — | — | — |
| Income Tax Expense | $-97.0K | $13.0K | $415.0K | $85.0K | $0 | $0 | $8.5K | $5.0K |
| Net Income | $130.3M | $133.6M | $99.7M | $131.3M | $42.2M | $98.7M | $93.2M | $225.0M |
| Net Margin | 24.8% | 23.3% | 17.9% | 22.5% | 7.4% | 18.0% | 17.9% | 42.9% |
| EPS (Basic) | $1.00 | $0.92 | $0.69 | $0.87 | $0.27 | $0.60 | $0.55 | $1.30 |
| EPS (Diluted) | $1.00 | $0.92 | $0.69 | $0.87 | $0.27 | $0.60 | $0.55 | $1.30 |
| Shares Outstanding (Basic) | 130.2M | 145.0M | 145.2M | 150.5M | 154.5M | 165.0M | 170.3M | 172.8M |
| Shares Outstanding (Diluted) | 130.6M | 145.4M | 145.6M | 150.9M | 154.6M | 165.1M | 170.4M | 173.0M |
| Dividends Per Share | $0.84 | $1.34 | $0.84 | $0.84 | $0.81 | $0.80 | $0.80 | $1.26 |