Shenandoah Telecommunications Company
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $612.0M | $535.3M | $342.5M | $326.9M | $308.9M | $288.1M | $251.1M | $195.2M |
| Cost of Revenue | $211.5M | $193.5M | $121.3M | $129.7M | $125.1M | $117.4M | $106.6M | $74.7M |
| Gross Profit | $400.5M | $341.8M | $221.2M | $197.2M | $183.8M | $170.7M | $144.5M | $120.5M |
| Gross Margin | 65.4% | 63.8% | 64.6% | 60.3% | 59.5% | 59.2% | 57.5% | 61.7% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $165.9M | $133.3M | $72.8M | $69.4M | $67.7M | $60.6M | $56.4M | $45.6M |
| Operating Income | $46.5M | $22.5M | $74.1M | $61.9M | $55.4M | $34.7M | $32.3M | $36.3M |
| Operating Margin | 7.6% | 4.2% | 21.6% | 18.9% | 17.9% | 12.0% | 12.9% | 18.6% |
| Interest Expense | $38.2M | $25.1M | $7.4M | $8.1M | $8.5M | $7.9M | $8.3M | $4.7M |
| Pretax Income | $13.3M | $1.9M | $68.6M | $56.0M | $49.5M | $28.6M | $24.2M | $32.2M |
| Income Tax Expense | $-53.1M | $2.8M | $27.7M | $22.2M | $19.9M | $12.0M | $10.7M | $13.4M |
| Net Income | $66.4M | $-895.0K | $40.9M | $33.9M | $29.6M | $16.3M | $13.0M | $18.1M |
| Net Margin | 10.8% | -0.2% | 11.9% | 10.4% | 9.6% | 5.7% | 5.2% | 9.3% |
| EPS (Basic) | $1.35 | $-0.02 | $0.84 | $0.70 | $0.62 | $0.34 | $0.28 | $0.38 |
| EPS (Diluted) | $1.33 | $-0.02 | $0.83 | $0.70 | $0.61 | $0.34 | $0.28 | $0.38 |
| Shares Outstanding (Basic) | 49.2M | 48.8M | 48.4M | 48.2M | 48.0M | 47.8M | 47.6M | 47.5M |
| Shares Outstanding (Diluted) | 50.0M | 48.8M | 49.0M | 48.7M | 48.2M | 48.0M | 47.7M | 47.6M |
| Dividends Per Share | $0.26 | $0.25 | $0.24 | $0.24 | $0.18 | $0.17 | $0.17 | $0.17 |