RAYONIER ADVANCED MATERIALS INC.
Income Statement
| Line Item | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 |
|---|---|---|---|---|---|---|---|
| Revenue | $1.96B | $940.4M | $868.7M | $941.4M | $957.7M | $1.05B | $1.10B |
| Cost of Revenue | $1.67B | $799.7M | $682.6M | $738.9M | $733.9M | $714.0M | $715.7M |
| Gross Profit | $291.1M | $140.8M | $186.2M | $202.5M | $223.7M | $332.6M | $379.7M |
| Gross Margin | 14.9% | 15.0% | 21.4% | 21.5% | 23.4% | 31.8% | 34.7% |
| Operating Expenses | |||||||
| Research & Development | — | — | — | — | — | — | — |
| SG&A Expense | $105.0M | $79.6M | $37.2M | $47.7M | $40.0M | $35.8M | $35.7M |
| Operating Income | $147.8M | $59.0M | $143.3M | $119.5M | $63.0M | $288.6M | $342.0M |
| Operating Margin | 7.6% | 6.3% | 16.5% | 12.7% | 6.6% | 27.6% | 31.2% |
| Interest Expense | $55.9M | $40.0M | $34.6M | $36.9M | $22.4M | $0 | $0 |
| Pretax Income | $126.5M | $342.7M | $112.6M | $82.9M | $40.5M | $288.9M | $342.5M |
| Income Tax Expense | $27.0M | $19.2M | $39.3M | $27.6M | $8.8M | $69.1M | $100.4M |
| Net Income | $128.4M | $325.0M | $73.3M | $55.3M | $31.7M | $219.8M | $242.1M |
| Net Margin | 6.6% | 34.6% | 8.4% | 5.9% | 3.3% | 21.0% | 22.1% |
| EPS (Basic) | $2.27 | $7.17 | $1.61 | $1.31 | $0.75 | $5.21 | $5.74 |
| EPS (Diluted) | $1.96 | $5.81 | $1.55 | $1.30 | $0.75 | $5.21 | $5.74 |
| Shares Outstanding (Basic) | 50.6M | 43.4M | 42.3M | 42.2M | 42.2M | 42.2M | 42.2M |
| Shares Outstanding (Diluted) | 65.4M | 55.9M | 47.1M | 42.2M | 42.2M | 42.2M | 42.2M |
| Dividends Per Share | $0.28 | $0.28 | $0.28 | $0.28 | $0.14 | $0.00 | $0.00 |