PROGRESS SOFTWARE CORP /MA
Income Statement
| Line Item | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $379.0M | $397.6M | $405.3M | $377.6M | $332.5M | $334.0M | $317.6M | $333.6M |
| Cost of Revenue | $67.0M | $69.2M | $65.7M | $63.7M | $34.3M | $35.0M | $36.3M | $36.8M |
| Gross Profit | $312.0M | $320.0M | $339.6M | $313.8M | $298.3M | $299.0M | $281.3M | $296.8M |
| Gross Margin | 82.3% | 80.5% | 83.8% | 83.1% | 89.7% | 89.5% | 88.6% | 89.0% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $49.1M | $45.7M | $46.5M | $57.3M | $48.3M | $56.0M | $62.0M | $61.8M |
| Operating Income | $67.8M | $57.5M | $-29.7M | $14.8M | $80.7M | $63.7M | $67.8M | $108.7M |
| Operating Margin | 17.9% | 14.5% | -7.3% | 3.9% | 24.3% | 19.1% | 21.3% | 32.6% |
| Interest Expense | $5.1M | $4.6M | $4.2M | $3.8M | $572.0K | $645.0K | — | — |
| Pretax Income | $60.8M | $52.5M | $-35.3M | $12.4M | $77.8M | $62.8M | $68.0M | $108.2M |
| Income Tax Expense | $11.1M | $23.4M | $20.4M | $21.2M | $28.3M | $23.0M | $23.0M | $36.8M |
| Net Income | $49.7M | $29.0M | $-55.7M | $-8.8M | $49.5M | $74.9M | $47.4M | $59.6M |
| Net Margin | 13.1% | 7.3% | -13.7% | -2.3% | 14.9% | 22.4% | 14.9% | 17.9% |
| EPS (Basic) | $1.09 | $0.60 | $-1.13 | $-0.17 | $0.97 | $1.37 | $0.75 | $0.91 |
| EPS (Diluted) | $1.08 | $0.60 | $-1.13 | $-0.17 | $0.96 | $1.35 | $0.74 | $0.88 |
| Shares Outstanding (Basic) | 45.6M | 48.1M | 49.5M | 50.4M | 50.8M | 54.5M | 62.9M | 65.7M |
| Shares Outstanding (Diluted) | 46.1M | 48.5M | 49.5M | 50.4M | 51.5M | 55.4M | 63.7M | 67.5M |
| Dividends Per Share | $0.58 | $0.52 | $0.13 | $0.00 | $0.00 | — | — | — |