Tower Semiconductor Ltd.
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.39B | $1.25B | $960.6M | $828.0M | $505.0M | $638.8M | $611.0M | $509.3M |
| Cost of Revenue | $1.03B | $946.5M | $755.2M | $764.2M | $476.9M | $560.0M | $526.2M | $402.1M |
| Gross Profit | $354.3M | $303.1M | $205.4M | $63.8M | $28.1M | $78.8M | $84.8M | $107.2M |
| Gross Margin | 25.5% | 24.3% | 21.4% | 7.7% | 5.6% | 12.3% | 13.9% | 21.0% |
| Operating Expenses | ||||||||
| Research & Development | $67.7M | $63.1M | $61.7M | $51.8M | $33.1M | $31.1M | $24.9M | $23.9M |
| SG&A Expense | $66.8M | $65.4M | $62.8M | $58.8M | $42.9M | $44.4M | $48.2M | $40.0M |
| Operating Income | $219.8M | $175.2M | $81.9M | $-103.6M | $-55.3M | $-2.5M | $10.2M | $43.3M |
| Operating Margin | 15.8% | 14.0% | 8.5% | -12.5% | -11.0% | -0.4% | 1.7% | 8.5% |
| Interest Expense | $12.6M | $13.1M | $13.2M | $33.4M | $33.0M | $31.8M | $27.8M | $26.4M |
| Pretax Income | $201.8M | $210.6M | $-41.4M | $-26.1M | $-117.0M | $-62.9M | $2.8M | $-29.5M |
| Income Tax Expense | $-99.9M | $1.4M | $-12.3M | $-24.7M | $-9.4M | $7.3M | $21.4M | $12.8M |
| Net Income | $298.0M | $203.9M | $-29.6M | $4.3M | $-107.7M | $-70.3M | $-18.5M | $-42.4M |
| Net Margin | 21.5% | 16.3% | -3.1% | 0.5% | -21.3% | -11.0% | -3.0% | -8.3% |
| EPS (Basic) | $3.08 | $2.33 | $-0.40 | $0.08 | $-2.72 | $-3.17 | $-0.90 | $-2.70 |
| EPS (Diluted) | $2.90 | $2.09 | — | $0.07 | — | — | — | — |
| Shares Outstanding (Basic) | 96.6M | 87.5M | 74.4M | 51.8M | 39.6M | 22.2M | 20.1M | 15.7M |
| Shares Outstanding (Diluted) | 105.9M | 101.3M | 74.4M | 63.2M | 39.6M | 22.2M | 20.1M | 15.7M |
| Dividends Per Share | — | — | — | — | — | — | — | — |