Tyler Technologies, Inc.
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $840.9M | $759.9M | $591.0M | $493.1M | $416.6M | $363.3M | $309.4M | $288.6M |
| Cost of Revenue | $441.5M | $400.7M | $313.8M | $259.7M | $223.4M | $195.6M | $167.5M | $160.3M |
| Gross Profit | $399.4M | $359.2M | $277.2M | $233.4M | $193.2M | $167.7M | $141.9M | $128.3M |
| Gross Margin | 47.5% | 47.3% | 46.9% | 47.3% | 46.4% | 46.2% | 45.9% | 44.5% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $175.9M | $165.2M | $133.3M | $108.3M | $98.3M | $86.7M | $75.7M | $69.5M |
| Operating Income | $162.8M | $137.7M | $108.0M | $94.8M | $67.1M | $56.6M | $46.5M | $41.6M |
| Operating Margin | 19.4% | 18.1% | 18.3% | 19.2% | 16.1% | 15.6% | 15.0% | 14.4% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $163.5M | $135.7M | $108.4M | $94.5M | $65.8M | $53.9M | $44.1M | $39.9M |
| Income Tax Expense | $-6.1M | $22.0M | $43.6M | $35.5M | $26.7M | $20.9M | $16.6M | $14.8M |
| Net Income | $169.6M | $113.7M | $64.9M | $58.9M | $39.1M | $33.0M | $27.6M | $25.1M |
| Net Margin | 20.2% | 15.0% | 11.0% | 12.0% | 9.4% | 9.1% | 8.9% | 8.7% |
| EPS (Basic) | $4.55 | $3.12 | $1.90 | $1.79 | $1.23 | $1.09 | $0.88 | $0.74 |
| EPS (Diluted) | $4.32 | $2.92 | $1.77 | $1.66 | $1.13 | $1.00 | $0.83 | $0.71 |
| Shares Outstanding (Basic) | 37.3M | 36.4M | 34.1M | 33.0M | 31.9M | 30.3M | 31.3M | 34.1M |
| Shares Outstanding (Diluted) | 39.2M | 39.0M | 36.6M | 35.4M | 34.6M | 32.9M | 33.2M | 35.5M |
| Dividends Per Share | — | — | — | — | — | — | — | — |