UNIVERSAL ELECTRONICS INC.
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $695.8M | $651.4M | $602.8M | $562.3M | $529.4M | $463.1M | $468.6M | $331.8M |
| Cost of Revenue | $530.1M | $487.2M | $436.1M | $395.4M | $377.9M | $329.7M | $338.6M | $227.9M |
| Gross Profit | $165.7M | $164.1M | $166.7M | $166.9M | $151.5M | $133.4M | $130.1M | $103.8M |
| Gross Margin | 23.8% | 25.2% | 27.7% | 29.7% | 28.6% | 28.8% | 27.8% | 31.3% |
| Operating Expenses | ||||||||
| Research & Development | $21.4M | $19.9M | $18.1M | $17.0M | $16.4M | $14.2M | $12.3M | $10.7M |
| SG&A Expense | $127.5M | $114.4M | $112.7M | $108.6M | $102.9M | $93.1M | $91.2M | $71.8M |
| Operating Income | $10.7M | $25.4M | $35.9M | $41.3M | $32.2M | $26.2M | $26.6M | $21.3M |
| Operating Margin | 1.5% | 3.9% | 6.0% | 7.3% | 6.1% | 5.7% | 5.7% | 6.4% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $7.3M | $25.2M | $36.0M | $40.5M | $29.0M | $24.6M | $25.2M | $21.9M |
| Income Tax Expense | $17.6M | $4.8M | $6.8M | $7.9M | $6.1M | $8.1M | $5.3M | $6.8M |
| Net Income | $-10.3M | $20.4M | $29.2M | $32.5M | $23.0M | $16.6M | $19.9M | $15.1M |
| Net Margin | -1.5% | 3.1% | 4.8% | 5.8% | 4.3% | 3.6% | 4.3% | 4.5% |
| EPS (Basic) | $-0.72 | $1.41 | $1.91 | $2.06 | $1.51 | $1.11 | $1.34 | $1.10 |
| EPS (Diluted) | $-0.72 | $1.38 | $1.88 | $2.01 | $1.47 | $1.10 | $1.31 | $1.07 |
| Shares Outstanding (Basic) | 14.4M | 14.5M | 15.2M | 15.8M | 15.2M | 15.0M | 14.9M | 13.8M |
| Shares Outstanding (Diluted) | 14.4M | 14.8M | 15.5M | 16.2M | 15.6M | 15.1M | 15.2M | 14.1M |
| Dividends Per Share | — | — | — | — | — | — | — | — |