PILGRIM’S PRIDE CORPORATION
Income Statement
| Line Item | FY2010 | FY2009 |
|---|---|---|
| Revenue | $6.88B | $7.09B |
| Cost of Revenue | $6.42B | $6.76B |
| Gross Profit | $461.0M | $310.8M |
| Gross Margin | 6.7% | 4.4% |
| Operating Expenses | ||
| Research & Development | $5.5M | — |
| SG&A Expense | $209.5M | $241.5M |
| Operating Income | $185.4M | $67.3M |
| Operating Margin | 2.7% | 0.9% |
| Interest Expense | $105.6M | $161.9M |
| Pretax Income | $66.5M | $-173.8M |
| Income Tax Expense | $-23.8M | $-21.6M |
| Net Income | $87.1M | $-151.6M |
| Net Margin | 1.3% | -2.1% |
| EPS (Basic) | $0.39 | $-0.68 |
| EPS (Diluted) | $0.39 | $-0.68 |
| Shares Outstanding (Basic) | 225.0M | 222.2M |
| Shares Outstanding (Diluted) | 225.0M | 228.3M |
| Dividends Per Share | — | — |