VEECO INSTRUMENTS INC
Income Statement
| Line Item | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $542.1M | $475.7M | $331.7M | $477.0M | $392.9M | $331.7M | $516.0M | $979.1M |
| Cost of Revenue | $348.4M | $299.5M | $198.6M | $299.8M | $258.0M | $228.6M | $300.9M | $504.8M |
| Gross Profit | $193.7M | $176.2M | $133.1M | $177.2M | $134.9M | $103.1M | $215.1M | $474.3M |
| Gross Margin | 35.7% | 37.0% | 40.1% | 37.2% | 34.3% | 31.1% | 41.7% | 48.4% |
| Operating Expenses | ||||||||
| Research & Development | $97.8M | $82.0M | $81.0M | $78.5M | $81.2M | $81.4M | $95.2M | $96.6M |
| SG&A Expense | $92.1M | $100.3M | $77.6M | $90.2M | $89.8M | $85.5M | $73.1M | $95.1M |
| Operating Income | $-415.5M | $-71.9M | $-120.2M | $-23.2M | $-79.2M | $-71.8M | $37.2M | $276.3M |
| Operating Margin | -76.6% | -15.1% | -36.2% | -4.9% | -20.2% | -21.6% | 7.2% | 28.2% |
| Interest Expense | $21.5M | $19.5M | $222.0K | $464.0K | $715.0K | $598.0K | $1.5M | $4.6M |
| Pretax Income | $-433.8M | $-89.0M | $-119.2M | $-22.6M | $-78.4M | $-71.2M | $38.2M | $272.1M |
| Income Tax Expense | $-26.7M | $-37.6M | $2.8M | $9.3M | $-11.4M | $-28.9M | $11.7M | $81.6M |
| Net Income | $-407.1M | $-51.4M | $-122.0M | $-32.0M | $-66.9M | $-42.3M | $30.9M | $128.0M |
| Net Margin | -75.1% | -10.8% | -36.8% | -6.7% | -17.0% | -12.7% | 6.0% | 13.1% |
| EPS (Basic) | $-8.63 | $-1.16 | $-3.10 | $-0.80 | $-1.70 | $-1.09 | $0.80 | $3.23 |
| EPS (Diluted) | $-8.63 | $-1.16 | $-3.10 | $-0.80 | $-1.70 | $-1.09 | $0.79 | $3.11 |
| Shares Outstanding (Basic) | 47.2M | 44.2M | 39.3M | 39.7M | 39.4M | 38.8M | 38.5M | 39.7M |
| Shares Outstanding (Diluted) | 47.2M | 44.2M | 39.3M | 39.7M | 39.4M | 38.8M | 39.1M | 41.2M |
| Dividends Per Share | — | — | — | — | — | — | — | — |