Security National Financial Corporation
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $276.9M | $304.3M | $280.4M | $225.0M | $215.3M | $234.3M | $159.6M | $168.5M |
| Cost of Revenue | $1.9M | $1.8M | $1.8M | $1.9M | $1.9M | $1.7M | $1.9M | $2.2M |
| Gross Profit | $275.0M | $302.5M | $278.6M | $223.2M | $213.4M | $232.5M | $157.7M | $166.3M |
| Gross Margin | 99.3% | 99.4% | 99.4% | 99.2% | 99.1% | 99.3% | 98.8% | 98.7% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | — | — | — | — | — | — | — |
| Operating Income | $13.6M | $24.8M | $25.5M | $16.7M | $12.7M | $25.1M | $3.2M | $1.7M |
| Operating Margin | 4.9% | 8.2% | 9.1% | 7.4% | 5.9% | 10.7% | 2.0% | 1.0% |
| Interest Expense | $6.0M | $5.1M | $4.5M | $3.0M | $2.9M | $3.7M | $2.0M | $2.8M |
| Pretax Income | $7.5M | $19.7M | $21.0M | $13.7M | $9.8M | $21.4M | $1.2M | $-1.1M |
| Income Tax Expense | $-6.6M | $7.5M | $7.7M | $5.5M | $2.2M | $4.6M | $-62.2K | $-658.8K |
| Net Income | $14.1M | $12.2M | $13.4M | $8.2M | $7.6M | $16.7M | $1.3M | $-430.6K |
| Net Margin | 5.1% | 4.0% | 4.8% | 3.7% | 3.5% | 7.1% | 0.8% | -0.3% |
| EPS (Basic) | $0.84 | $0.78 | $0.92 | $0.59 | $0.58 | $1.46 | $0.12 | $-0.04 |
| EPS (Diluted) | $0.82 | $0.77 | $0.89 | $0.57 | $0.55 | $1.39 | $0.12 | $-0.04 |
| Shares Outstanding (Basic) | 16.8M | 15.6M | 14.4M | 13.9M | 13.0M | 11.4M | 10.6M | 9.7M |
| Shares Outstanding (Diluted) | 17.1M | 15.9M | 15.0M | 14.3M | 13.7M | 12.0M | 10.7M | 9.7M |
| Dividends Per Share | — | — | — | — | — | — | — | — |