Polaris Inc.
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $5.43B | $4.52B | $4.72B | $4.48B | $3.78B | $3.21B | $2.66B | $1.99B |
| Cost of Revenue | $4.10B | $3.41B | $3.38B | $3.16B | $2.66B | $2.28B | $1.92B | $1.46B |
| Gross Profit | $1.32B | $1.11B | $1.34B | $1.32B | $1.12B | $925.3M | $740.6M | $530.2M |
| Gross Margin | 24.4% | 24.5% | 28.4% | 29.4% | 29.7% | 28.8% | 27.9% | 26.6% |
| Operating Expenses | ||||||||
| Research & Development | $238.3M | $185.1M | $166.5M | $148.5M | $139.2M | $127.4M | $105.6M | $84.9M |
| SG&A Expense | $331.2M | $306.4M | $209.1M | $203.2M | $179.4M | $143.1M | $130.4M | $99.1M |
| Operating Income | $359.7M | $350.3M | $716.1M | $714.7M | $577.9M | $478.4M | $349.9M | $220.7M |
| Operating Margin | 6.6% | 7.8% | 15.2% | 16.0% | 15.3% | 14.9% | 13.2% | 11.1% |
| Interest Expense | $32.2M | $16.3M | $11.5M | $11.2M | $6.2M | $5.9M | $4.0M | $2.7M |
| Pretax Income | $318.8M | $313.3M | $685.7M | $699.3M | $574.4M | $479.8M | $346.6M | $218.5M |
| Income Tax Expense | $146.3M | $100.3M | $230.4M | $245.3M | $193.4M | $167.5M | $119.1M | $71.4M |
| Net Income | $172.5M | $212.9M | $455.4M | $454.0M | $377.3M | $312.3M | $227.6M | $147.1M |
| Net Margin | 3.2% | 4.7% | 9.6% | 10.1% | 10.0% | 9.7% | 8.6% | 7.4% |
| EPS (Basic) | $2.74 | $3.31 | $6.90 | $6.86 | $5.51 | $4.54 | $3.31 | $2.20 |
| EPS (Diluted) | $2.69 | $3.27 | $6.75 | $6.65 | $5.35 | $4.40 | $3.20 | $2.14 |
| Shares Outstanding (Basic) | 62.9M | 64.3M | 66.0M | 66.2M | 68.5M | 68.8M | 68.8M | 66.9M |
| Shares Outstanding (Diluted) | 64.2M | 65.2M | 67.5M | 68.2M | 70.5M | 71.0M | 71.1M | 68.8M |
| Dividends Per Share | $2.32 | $2.20 | $2.12 | $1.92 | $1.68 | $1.48 | $0.90 | $0.80 |