TELEPHONE AND DATA SYSTEMS, INC.
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $5.04B | $5.16B | $5.21B | $5.01B | $4.90B | $5.35B | $5.18B | $4.99B |
| Cost of Revenue | $1.20B | $1.24B | $1.22B | $1.35B | $2.23B | $2.27B | $2.05B | $1.92B |
| Gross Profit | $3.85B | $3.92B | $3.99B | $3.66B | $2.68B | $3.07B | $3.13B | $3.06B |
| Gross Margin | 76.3% | 75.9% | 76.5% | 73.1% | 54.6% | 57.5% | 60.4% | 61.4% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $1.69B | $1.76B | $1.78B | $1.87B | $1.95B | $2.03B | $2.00B | $2.00B |
| Operating Income | $-108.0M | $108.0M | $431.0M | $-190.0M | $235.4M | $183.9M | $362.5M | $296.1M |
| Operating Margin | -2.1% | 2.1% | 8.3% | -3.8% | 4.8% | 3.4% | 7.0% | 5.9% |
| Interest Expense | $170.0M | $170.0M | $142.0M | $111.0M | $98.8M | $86.7M | $118.2M | $116.8M |
| Pretax Income | $-122.0M | $92.0M | $435.0M | $-152.0M | $292.9M | $196.2M | $363.7M | $285.8M |
| Income Tax Expense | $-279.0M | $40.0M | $172.0M | $-5.0M | $126.0M | $73.6M | $113.5M | $95.2M |
| Net Income | $153.0M | $43.0M | $219.0M | $-136.0M | $141.9M | $81.9M | $200.6M | $144.8M |
| Net Margin | 3.0% | 0.8% | 4.2% | -2.7% | 2.9% | 1.5% | 3.9% | 2.9% |
| EPS (Basic) | $1.39 | $0.39 | $2.02 | $-1.26 | $1.31 | $0.75 | $1.85 | $1.32 |
| EPS (Diluted) | $1.37 | $0.39 | $1.98 | $-1.26 | $1.29 | $0.75 | $1.83 | $1.31 |
| Shares Outstanding (Basic) | 111.0M | 110.0M | 109.0M | 108.0M | 108.5M | 108.7M | 108.6M | 110.0M |
| Shares Outstanding (Diluted) | 112.0M | 111.0M | 110.0M | 108.0M | 109.1M | 108.9M | 109.1M | 110.5M |
| Dividends Per Share | $0.62 | $0.59 | $0.56 | $0.54 | $0.51 | $0.49 | $0.47 | $0.45 |