UNITED FIRE GROUP, INC
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.05B | $996.4M | $899.3M | $941.9M | $877.0M | $813.2M | $705.0M | $591.1M |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | — | — | — | — | — | — | — |
| Operating Income | $15.7M | $57.5M | $115.4M | $76.5M | $101.9M | $46.1M | $-12.7M | $58.4M |
| Operating Margin | 1.5% | 5.8% | 12.8% | 8.1% | 11.6% | 5.7% | -1.8% | 9.9% |
| Interest Expense | $0 | $0 | $0 | $0 | $0 | — | — | — |
| Pretax Income | $15.7M | $57.5M | $115.4M | $76.5M | $101.9M | $46.1M | $-12.7M | $58.4M |
| Income Tax Expense | $-29.2M | $8.4M | $30.1M | $17.3M | $25.8M | $5.9M | $-12.7M | $10.9M |
| Net Income | $51.0M | $49.9M | $89.1M | $59.1M | $76.1M | $40.2M | $11.0K | $47.5M |
| Net Margin | 4.8% | 5.0% | 9.9% | 6.3% | 8.7% | 4.9% | 0.0% | 8.0% |
| EPS (Basic) | $2.03 | $1.97 | $3.56 | $2.34 | $3.01 | $1.58 | $0.00 | $1.81 |
| EPS (Diluted) | $1.99 | $1.93 | $3.53 | $2.32 | $2.98 | $1.58 | $0.00 | $1.80 |
| Shares Outstanding (Basic) | 25.1M | 25.3M | 25.0M | 25.2M | 25.3M | 25.4M | 25.9M | 26.3M |
| Shares Outstanding (Diluted) | 25.6M | 25.8M | 25.2M | 25.5M | 25.5M | 25.5M | 26.0M | 26.3M |
| Dividends Per Share | $1.09 | $0.97 | $0.86 | $0.78 | $0.69 | $0.60 | $0.60 | $0.60 |