Douglas Dynamics, Inc.
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $474.9M | $416.3M | $400.4M | $303.5M | $194.3M | $140.0M | $208.8M | $176.8M |
| Cost of Revenue | $331.8M | $282.3M | $267.5M | $187.2M | $128.7M | $96.1M | $137.0M | $116.5M |
| Gross Profit | $143.1M | $134.0M | $132.9M | $116.3M | $65.7M | $44.0M | $71.8M | $60.3M |
| Gross Margin | 30.1% | 32.2% | 33.2% | 38.3% | 33.8% | 31.4% | 34.4% | 34.1% |
| Operating Expenses | ||||||||
| Research & Development | $2.9M | $3.1M | $3.0M | — | — | — | — | — |
| SG&A Expense | $60.9M | $53.6M | $48.2M | $38.3M | $31.9M | $19.9M | $26.4M | $26.5M |
| Operating Income | $70.8M | $69.8M | $77.4M | $72.2M | $27.5M | $18.9M | $40.2M | $21.4M |
| Operating Margin | 14.9% | 16.8% | 19.3% | 23.8% | 14.2% | 13.5% | 19.2% | 12.1% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $52.9M | $63.7M | $66.3M | $62.0M | $19.0M | $10.2M | $30.4M | $2.5M |
| Income Tax Expense | $-2.4M | $24.7M | $22.1M | $22.0M | $7.4M | $4.1M | $11.3M | $872.0K |
| Net Income | $55.3M | $39.0M | $44.2M | $40.0M | $11.6M | $6.0M | $19.0M | $1.7M |
| Net Margin | 11.6% | 9.4% | 11.0% | 13.2% | 6.0% | 4.3% | 9.1% | 0.9% |
| EPS (Basic) | $2.42 | $1.71 | $1.95 | $1.78 | $0.00 | $0.00 | $0.00 | $0.00 |
| EPS (Diluted) | $2.40 | $1.70 | $1.94 | $1.77 | $0.00 | $0.00 | $0.00 | $0.00 |
| Shares Outstanding (Basic) | 22.58B | 22.48B | 22.33B | 22.17B | 22.16B | 22.03B | 21.78B | 18.91B |
| Shares Outstanding (Diluted) | 22.59B | 22.48B | 22.34B | 22.19B | 22.20B | 22.10B | 21.95B | 19.40B |
| Dividends Per Share | $0.96 | $0.94 | $0.89 | $0.87 | $0.00 | $0.00 | $0.00 | $0.00 |