J.M. Smucker Co.

SJM ·Consumer Defensive, Packaged Foods, United States
Financial Statements Income Statement
Annual Quarterly

Income Statement

Line Item FY2010 FY2009
Revenue $4.61B $3.76B
U.S. Retail Coffee
U.S. Retail Consumer Foods
U.S. Retail Pet Foods
International and Away From Home
U.S. Retail Frozen Handheld and Spreads
Sweet Baked Snacks
Cost of Revenue $2.82B $2.51B
Gross Profit $1.79B $1.25B
Gross Margin 38.8% 33.3%
Operating Expenses
Research & Development $21.0M $14.5M
SG&A Expense $878.2M $673.6M
Operating Income $790.9M $452.3M
Operating Margin 17.2% 12.0%
Interest Expense $65.2M $62.5M
Pretax Income $730.8M $396.1M
Income Tax Expense $236.6M $130.1M
Net Income $494.1M $266.0M
Net Margin 10.7% 7.1%
EPS (Basic) $4.15 $3.11
EPS (Diluted) $4.15 $3.11
Shares Outstanding (Basic) 119.0M 85.4M
Shares Outstanding (Diluted) 119.1M 85.5M
Dividends Per Share $1.45 $6.31
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