ULTRALIFE CORPORATION
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $85.5M | $82.5M | $76.4M | $66.5M | $78.8M | $101.7M | $135.7M | $166.8M |
| Cost of Revenue | $59.3M | $57.4M | $53.1M | $47.1M | $56.2M | $72.9M | $101.5M | $120.2M |
| Gross Profit | $26.2M | $25.1M | $23.3M | $19.4M | $22.6M | $28.7M | $34.2M | $46.7M |
| Gross Margin | 30.7% | 30.4% | 30.5% | 29.1% | 28.7% | 28.3% | 25.2% | 28.0% |
| Operating Expenses | ||||||||
| Research & Development | $4.7M | $5.9M | $5.6M | $5.3M | $5.9M | $7.2M | $8.6M | $8.8M |
| SG&A Expense | $15.0M | $15.4M | $14.2M | $15.5M | $17.4M | $21.6M | $23.2M | $26.0M |
| Operating Income | $6.5M | $3.8M | $3.3M | $-1.4M | $-624.0K | $-114.0K | $2.4M | $11.9M |
| Operating Margin | 7.6% | 4.6% | 4.4% | -2.2% | -0.8% | -0.1% | 1.8% | 7.1% |
| Interest Expense | — | — | — | — | $238.0K | $440.0K | $559.0K | $1.1M |
| Pretax Income | $6.3M | $3.6M | $3.2M | $-1.8M | $-849.0K | $-574.0K | $2.0M | $10.9M |
| Income Tax Expense | $-1.4M | $98.0K | $310.0K | $268.0K | $239.0K | $554.0K | $528.0K | $-299.0K |
| Net Income | $7.6M | $3.5M | $2.9M | $-2.1M | $-926.0K | $-1.6M | $-2.1M | $-6.2M |
| Net Margin | 8.9% | 4.3% | 3.8% | -3.2% | -1.2% | -1.6% | -1.5% | -3.7% |
| EPS (Basic) | $0.49 | $0.23 | $0.18 | $-0.12 | $-0.05 | $-0.09 | $-0.12 | $-0.36 |
| EPS (Diluted) | $0.48 | $0.23 | $0.17 | $-0.12 | $-0.05 | $-0.09 | $-0.12 | $-0.36 |
| Shares Outstanding (Basic) | 15.5M | 15.3M | 16.2M | 17.5M | 17.5M | 17.4M | 17.3M | 17.2M |
| Shares Outstanding (Diluted) | 15.9M | 15.4M | 16.5M | 17.5M | 17.5M | 17.4M | 17.3M | 17.2M |
| Dividends Per Share | — | — | — | — | — | — | — | — |