TITAN MACHINERY INC.
Income Statement
| Line Item | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.19B | $1.20B | $1.37B | $1.90B | $2.23B | $2.20B | $1.66B | $1.09B |
| Cost of Revenue | $977.3M | $988.0M | $1.16B | $1.59B | $1.88B | $1.86B | $1.38B | $919.9M |
| Gross Profit | $215.3M | $213.7M | $205.9M | $308.4M | $348.1M | $339.4M | $275.5M | $174.6M |
| Gross Margin | 18.1% | 17.8% | 15.1% | 16.2% | 15.6% | 15.4% | 16.6% | 15.9% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | — | — | — | — | — | — | — |
| Operating Income | $925.0K | $-2.4M | $-23.1M | $723.0K | $46.9M | $91.8M | $81.6M | $44.0M |
| Operating Margin | 0.1% | -0.2% | -1.7% | 0.0% | 2.1% | 4.2% | 4.9% | 4.0% |
| Interest Expense | $17.0M | $21.9M | $32.6M | $34.8M | $30.6M | $22.8M | $9.7M | $8.6M |
| Pretax Income | $-14.4M | $-22.7M | $-56.2M | $-38.3M | $18.4M | $70.7M | $73.6M | $37.2M |
| Income Tax Expense | $-7.4M | $-8.2M | $-18.0M | $-4.9M | $10.3M | $28.1M | $29.4M | $14.9M |
| Net Income | $-7.0M | $-14.2M | $-37.9M | $-32.2M | $8.9M | $42.5M | $44.2M | $22.3M |
| Net Margin | -0.6% | -1.2% | -2.8% | -1.7% | 0.4% | 1.9% | 2.7% | 2.0% |
| EPS (Basic) | $-0.32 | $-0.65 | $-1.76 | $-1.51 | $0.42 | $2.02 | $2.21 | $1.25 |
| EPS (Diluted) | $-0.32 | $-0.65 | $-1.76 | $-1.51 | $0.41 | $2.00 | $2.18 | $1.23 |
| Shares Outstanding (Basic) | 21.5M | 21.3M | 21.1M | 21.0M | 20.9M | 20.8M | 19.8M | 17.7M |
| Shares Outstanding (Diluted) | 21.5M | 21.3M | 21.1M | 21.0M | 21.0M | 21.0M | 20.1M | 18.0M |
| Dividends Per Share | — | — | — | — | — | — | — | — |