TRINET GROUP, INC.
Income Statement
| Line Item | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 |
|---|---|---|---|---|---|---|---|
| Revenue | $3.50B | $3.28B | $3.06B | $2.66B | $2.19B | $1.64B | $1.02B |
| Cost of Revenue | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — |
| Operating Expenses | |||||||
| Research & Development | $49.0M | $45.0M | $31.0M | — | — | — | — |
| SG&A Expense | $142.0M | $114.0M | $92.0M | $69.0M | $53.9M | $52.5M | $37.9M |
| Operating Income | $251.0M | $217.0M | $124.0M | $78.0M | $86.8M | $66.3M | $61.8M |
| Operating Margin | 7.2% | 6.6% | 4.1% | 2.9% | 4.0% | 4.0% | 6.1% |
| Interest Expense | — | — | — | — | — | — | — |
| Pretax Income | $241.0M | $200.0M | $104.0M | $60.0M | $33.1M | $21.1M | $52.2M |
| Income Tax Expense | $49.0M | $22.0M | $43.0M | $28.0M | $17.6M | $7.9M | $20.3M |
| Net Income | $192.0M | $178.0M | $61.0M | $32.0M | $15.5M | $13.1M | $31.8M |
| Net Margin | 5.5% | 5.4% | 2.0% | 1.2% | 0.7% | 0.8% | 3.1% |
| EPS (Basic) | $2.72 | $2.57 | $0.88 | $0.45 | $0.24 | $0.07 | $0.17 |
| EPS (Diluted) | $2.65 | $2.49 | $0.85 | $0.44 | $0.22 | $0.06 | $0.16 |
| Shares Outstanding (Basic) | 70.0M | 69.0M | 70.2M | 70.2M | 56.2M | 49.4M | 39.2M |
| Shares Outstanding (Diluted) | 72.0M | 71.0M | 72.0M | 72.6M | 59.6M | 62.9M | 49.9M |
| Dividends Per Share | — | — | — | — | — | — | — |