TANDY LEATHER FACTORY, INC
Income Statement
| Line Item | FY2010 | FY2009 |
|---|---|---|
| Revenue | $59.9M | $54.5M |
| Cost of Revenue | $23.6M | $21.9M |
| Gross Profit | $36.3M | $32.6M |
| Gross Margin | 60.5% | 59.9% |
| Operating Expenses | ||
| Research & Development | — | — |
| SG&A Expense | — | — |
| Operating Income | $6.6M | $5.1M |
| Operating Margin | 11.1% | 9.4% |
| Interest Expense | $265.4K | $-297.9K |
| Pretax Income | $6.5M | $5.0M |
| Income Tax Expense | $2.3M | $1.7M |
| Net Income | $4.2M | $3.3M |
| Net Margin | 6.9% | 6.1% |
| EPS (Basic) | $0.41 | $0.32 |
| EPS (Diluted) | $0.41 | $0.31 |
| Shares Outstanding (Basic) | 10.2M | 10.5M |
| Shares Outstanding (Diluted) | 10.3M | 10.5M |
| Dividends Per Share | — | — |