SPOK HOLDINGS, INC.
Income Statement
| Line Item | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $169.5M | $171.2M | $179.6M | $189.6M | $200.3M | $209.8M | $219.7M | $233.7M |
| Cost of Revenue | $32.4M | $28.4M | $30.6M | $33.9M | $32.6M | $27.9M | $26.9M | $20.4M |
| Gross Profit | $137.1M | $142.8M | $148.9M | $155.8M | $167.7M | $181.8M | $192.8M | $213.3M |
| Gross Margin | 80.9% | 83.4% | 82.9% | 82.1% | 83.7% | 86.7% | 87.7% | 91.3% |
| Operating Expenses | ||||||||
| Research & Development | $24.5M | $18.7M | $13.5M | $10.3M | $9.5M | $8.7M | $8.9M | — |
| SG&A Expense | $49.1M | $47.4M | $42.8M | $44.9M | $45.9M | $46.1M | $47.8M | $56.1M |
| Operating Income | $-3.2M | $10.7M | $22.2M | $25.1M | $28.2M | $45.5M | $45.7M | $51.8M |
| Operating Margin | -1.9% | 6.3% | 12.3% | 13.2% | 14.1% | 21.7% | 20.8% | 22.2% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $-2.2M | $11.6M | $23.0M | $26.3M | $27.3M | $45.3M | $46.1M | $57.5M |
| Income Tax Expense | $-706.0K | $26.9M | $9.0M | $-53.9M | $6.6M | $17.8M | $19.1M | $-26.3M |
| Net Income | $-1.5M | $-15.3M | $14.0M | $80.2M | $20.7M | $27.5M | $27.0M | $83.8M |
| Net Margin | -0.9% | -8.9% | 7.8% | 42.3% | 10.4% | 13.1% | 12.3% | 35.9% |
| EPS (Basic) | $-0.08 | $-0.76 | $0.68 | $3.99 | $0.96 | $1.27 | $1.23 | $3.79 |
| EPS (Diluted) | $-0.08 | $-0.76 | $0.68 | $3.98 | $0.94 | $1.25 | $1.20 | $3.72 |
| Shares Outstanding (Basic) | 19.4M | 20.1M | 20.5M | 21.1M | 21.6M | 21.6M | 21.9M | 22.1M |
| Shares Outstanding (Diluted) | 19.4M | 20.1M | 20.5M | 21.2M | 22.1M | 22.0M | 22.4M | 22.5M |
| Dividends Per Share | $0.50 | $0.50 | $0.75 | $0.63 | $0.50 | $0.50 | $0.75 | $1.00 |