STRATTEC SECURITY CORP
Income Statement
| Line Item | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $439.2M | $417.3M | $401.4M | $411.5M | $348.4M | $298.2M | $279.2M | $260.9M |
| Cost of Revenue | $384.8M | $356.4M | $335.7M | $338.8M | $282.6M | $244.3M | $229.0M | $218.8M |
| Gross Profit | $54.4M | $61.0M | $65.7M | $72.7M | $65.8M | $53.9M | $50.3M | $42.2M |
| Gross Margin | 12.4% | 14.6% | 16.4% | 17.7% | 18.9% | 18.1% | 18.0% | 16.2% |
| Operating Expenses | ||||||||
| Research & Development | $4.8M | $4.6M | $430.0K | $280.0K | $700.0K | $1.3M | $1.2M | $1.5M |
| SG&A Expense | — | — | — | — | — | — | — | — |
| Operating Income | $13.3M | $14.8M | $22.2M | $31.1M | $26.5M | $16.8M | $16.3M | $8.7M |
| Operating Margin | 3.0% | 3.6% | 5.5% | 7.6% | 7.6% | 5.6% | 5.9% | 3.3% |
| Interest Expense | $1.1M | $417.0K | $176.0K | $71.0K | $45.0K | $34.0K | $81.0K | $175.0K |
| Pretax Income | $17.7M | $16.4M | $19.2M | $33.9M | $27.8M | $16.9M | $15.8M | $10.1M |
| Income Tax Expense | $2.1M | $4.3M | $5.1M | $9.4M | $8.7M | $5.4M | $3.6M | $2.5M |
| Net Income | $12.3M | $7.2M | $9.1M | $20.7M | $16.4M | $9.4M | $8.8M | $5.4M |
| Net Margin | 2.8% | 1.7% | 2.3% | 5.0% | 4.7% | 3.1% | 3.1% | 2.1% |
| EPS (Basic) | $3.39 | $2.01 | $2.55 | $5.80 | $4.70 | $2.77 | $2.66 | $1.65 |
| EPS (Diluted) | $3.32 | $1.96 | $2.51 | $5.66 | $4.59 | $2.72 | $2.64 | $1.63 |
| Shares Outstanding (Basic) | 3.6M | 3.6M | 3.6M | 3.5M | 3.4M | 3.3M | 3.3M | 3.3M |
| Shares Outstanding (Diluted) | 3.7M | 3.7M | 3.6M | 3.6M | 3.5M | 3.4M | 3.3M | 3.3M |
| Dividends Per Share | $0.56 | $0.56 | $0.52 | $0.48 | $0.44 | $0.40 | $0.40 | $1.20 |