Smith & Wesson Brands, Inc.
Income Statement
| Line Item | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $606.9M | $903.2M | $722.9M | $551.9M | $626.6M | $587.5M | $412.0M | $342.2M |
| Cost of Revenue | $411.1M | $527.9M | $429.1M | $356.9M | $367.5M | $369.4M | $284.1M | $237.5M |
| Gross Profit | $195.8M | $375.3M | $293.8M | $194.9M | $259.1M | $218.1M | $127.9M | $104.7M |
| Gross Margin | 32.3% | 41.5% | 40.6% | 35.3% | 41.3% | 37.1% | 31.0% | 30.6% |
| Operating Expenses | ||||||||
| Research & Development | $11.4M | $10.2M | $10.0M | $6.9M | $5.6M | $4.8M | $4.5M | $4.4M |
| SG&A Expense | $101.5M | $115.8M | $82.9M | $62.3M | $69.0M | $50.3M | $47.1M | $48.0M |
| Operating Income | $27.0M | $199.9M | $158.6M | $89.6M | $151.0M | $132.8M | $44.9M | $17.8M |
| Operating Margin | 4.5% | 22.1% | 21.9% | 16.2% | 24.1% | 22.6% | 10.9% | 5.2% |
| Interest Expense | — | — | $13.7M | $11.3M | $12.3M | $5.8M | $7.5M | $5.7M |
| Pretax Income | $17.6M | $191.3M | $145.1M | $78.7M | $136.7M | $127.9M | $39.0M | $13.5M |
| Income Tax Expense | $-2.5M | $63.5M | $51.1M | $28.9M | $48.1M | $46.5M | $12.6M | $5.5M |
| Net Income | $20.1M | $127.9M | $94.0M | $49.6M | $89.3M | $78.7M | $16.1M | $-82.8M |
| Net Margin | 3.3% | 14.2% | 13.0% | 9.0% | 14.3% | 13.4% | 3.9% | -24.2% |
| EPS (Basic) | $0.37 | $2.29 | $1.72 | $0.92 | $1.52 | $1.21 | $0.25 | $-1.37 |
| EPS (Diluted) | $0.37 | $2.25 | $1.68 | $0.90 | $1.49 | $1.18 | $0.25 | $-1.30 |
| Shares Outstanding (Basic) | 54.1M | 55.9M | 54.8M | 54.0M | 58.7M | 65.2M | 64.8M | 60.6M |
| Shares Outstanding (Diluted) | 54.8M | 56.9M | 56.0M | 55.2M | 60.1M | 66.6M | 67.3M | 63.6M |
| Dividends Per Share | — | — | — | — | — | — | — | — |