Silicon Motion Technology Corporation
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $523.4M | $556.1M | $361.3M | $289.3M | $225.3M | $281.4M | $223.8M | $132.8M |
| Cost of Revenue | $272.2M | $281.5M | $176.8M | $139.6M | $118.7M | $149.7M | $115.8M | $70.6M |
| Gross Profit | $251.2M | $274.6M | $184.5M | $149.7M | $106.6M | $131.7M | $108.0M | $62.2M |
| Gross Margin | 48.0% | 49.4% | 51.1% | 51.7% | 47.3% | 46.8% | 48.3% | 46.8% |
| Operating Expenses | ||||||||
| Research & Development | $102.1M | $92.4M | $71.2M | $60.9M | $46.5M | $51.0M | $40.5M | $33.8M |
| SG&A Expense | $16.9M | $17.1M | $15.7M | $13.4M | $11.3M | $12.2M | $11.3M | $9.7M |
| Operating Income | $95.3M | $137.3M | $76.4M | $59.1M | $35.3M | $52.7M | $41.0M | $6.0M |
| Operating Margin | 18.2% | 24.7% | 21.2% | 20.4% | 15.7% | 18.7% | 18.3% | 4.5% |
| Interest Expense | $423.0K | $127.0K | $47.0K | $114.0K | $110.0K | $61.0K | $75.0K | $98.0K |
| Pretax Income | $99.0M | $138.6M | $78.5M | $60.6M | $37.1M | $54.3M | $47.2M | $-5.8M |
| Income Tax Expense | $24.0M | $27.7M | $18.2M | $16.1M | $9.8M | $7.1M | $5.7M | $-519.0K |
| Net Income | $75.0M | $110.9M | $60.3M | $44.5M | $27.4M | $47.2M | $41.5M | $-5.2M |
| Net Margin | 14.3% | 19.9% | 16.7% | 15.4% | 12.2% | 16.8% | 18.5% | -3.9% |
| EPS (Basic) | $0.53 | $0.79 | $0.44 | $0.33 | $0.21 | $0.37 | $0.34 | $-0.05 |
| EPS (Diluted) | $0.52 | $0.78 | $0.43 | $0.33 | $0.20 | $0.35 | $0.32 | $-0.05 |
| Shares Outstanding (Basic) | 142.7M | 140.9M | 138.1M | 134.6M | 132.3M | 129.3M | 123.1M | 116.2M |
| Shares Outstanding (Diluted) | 143.6M | 142.1M | 139.6M | 136.8M | 134.6M | 134.5M | 129.4M | 116.2M |
| Dividends Per Share | $0.30 | $0.20 | $0.26 | $0.15 | $0.15 | $0.00 | $0.00 | — |