TANDY LEATHER FACTORY, INC
Income Statement
| Line Item | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $83.2M | $82.4M | $82.9M | $84.2M | $83.4M | $78.3M | $72.7M | $66.1M |
| Cost of Revenue | $32.3M | $33.3M | $31.2M | $32.1M | $31.3M | $29.0M | $26.8M | $25.8M |
| Gross Profit | $50.9M | $49.1M | $51.7M | $52.1M | $52.1M | $49.3M | $45.9M | $40.3M |
| Gross Margin | 61.2% | 59.6% | 62.4% | 61.9% | 62.5% | 63.0% | 63.1% | 61.0% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | — | — | — | — | — | — | — |
| Operating Income | $6.0M | $6.4M | $10.3M | $10.5M | $12.0M | $11.3M | $9.1M | $7.7M |
| Operating Margin | 7.2% | 7.7% | 12.4% | 12.4% | 14.3% | 14.4% | 12.6% | 11.7% |
| Interest Expense | $305.0K | $205.6K | $155.2K | $330.0K | $225.6K | $206.8K | $240.9K | $248.6K |
| Pretax Income | $3.7M | $7.2M | $10.2M | $10.2M | $11.8M | $11.2M | $8.9M | $7.5M |
| Income Tax Expense | $1.8M | $3.9M | $3.8M | $3.8M | $4.1M | $4.0M | $3.3M | $2.8M |
| Net Income | $4.4M | $2.5M | $6.4M | $6.4M | $7.7M | $7.3M | $5.6M | $4.8M |
| Net Margin | 5.3% | 3.0% | 7.7% | 7.6% | 9.2% | 9.3% | 7.7% | 7.2% |
| EPS (Basic) | $0.48 | $0.27 | $0.69 | $0.64 | $0.76 | $0.71 | $0.55 | $0.47 |
| EPS (Diluted) | $0.48 | $0.27 | $0.69 | $0.63 | $0.75 | $0.71 | $0.55 | $0.47 |
| Shares Outstanding (Basic) | 9.2M | 9.2M | 9.3M | 10.1M | 10.2M | 10.2M | 10.2M | 10.2M |
| Shares Outstanding (Diluted) | 9.2M | 9.2M | 9.3M | 10.1M | 10.2M | 10.2M | 10.2M | 10.2M |
| Dividends Per Share | — | — | — | — | — | — | — | — |