Packaging Corp. of America
Income Statement
| Line Item | FY2009 | FY2008 |
|---|---|---|
| Revenue | $2.15B | $2.36B |
| Cost of Revenue | $1.72B | $1.87B |
| Gross Profit | $426.6M | $491.4M |
| Gross Margin | 19.9% | 20.8% |
| Operating Expenses | ||
| Research & Development | $9.4M | — |
| SG&A Expense | $173.4M | $173.3M |
| Operating Income | $352.5M | $241.8M |
| Operating Margin | 16.4% | 10.2% |
| Interest Expense | — | — |
| Pretax Income | $317.0M | — |
| Income Tax Expense | $51.1M | $74.5M |
| Net Income | $265.9M | $135.6M |
| Net Margin | 12.4% | 5.7% |
| EPS (Basic) | $2.62 | $1.32 |
| EPS (Diluted) | $2.60 | $1.31 |
| Shares Outstanding (Basic) | 101.6M | 102.8M |
| Shares Outstanding (Diluted) | 102.4M | 103.6M |
| Dividends Per Share | $0.60 | $1.20 |