The Toro Company
Income Statement
| Line Item | FY2009 | FY2008 |
|---|---|---|
| Revenue | $1.52B | $1.88B |
| Cost of Revenue | $1.01B | $1.23B |
| Gross Profit | $511.0M | $652.7M |
| Gross Margin | 33.5% | 34.8% |
| Operating Expenses | ||
| Research & Development | — | — |
| SG&A Expense | $395.8M | $454.3M |
| Operating Income | $115.2M | $198.4M |
| Operating Margin | 7.6% | 10.6% |
| Interest Expense | $17.6M | $19.3M |
| Pretax Income | $95.8M | — |
| Income Tax Expense | $33.0M | $61.6M |
| Net Income | $62.8M | $119.7M |
| Net Margin | 4.1% | 6.4% |
| EPS (Basic) | $1.76 | $3.17 |
| EPS (Diluted) | $1.73 | $3.10 |
| Shares Outstanding (Basic) | 35.8M | 37.7M |
| Shares Outstanding (Diluted) | 36.2M | 38.6M |
| Dividends Per Share | $0.60 | $0.60 |