Valhi, Inc.
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.88B | $1.52B | $1.49B | $1.86B | $1.86B | $2.09B | $2.03B | $1.53B |
| Cost of Revenue | $1.27B | $1.21B | $1.26B | $1.46B | $1.73B | $1.51B | $1.28B | $1.18B |
| Gross Profit | $612.9M | $307.9M | $228.4M | $402.8M | $134.2M | $575.2M | $746.7M | $349.2M |
| Gross Margin | 32.6% | 20.3% | 15.4% | 21.6% | 7.2% | 27.6% | 36.9% | 22.8% |
| Operating Expenses | ||||||||
| Research & Development | $19.0M | $13.0M | $16.0M | $19.0M | $18.0M | $19.0M | $20.0M | $13.0M |
| SG&A Expense | $262.6M | $232.6M | $248.6M | $276.1M | $375.1M | $273.3M | $268.9M | $227.1M |
| Operating Income | $380.3M | $119.2M | $21.1M | $170.2M | $-138.7M | $345.4M | $521.4M | $158.3M |
| Operating Margin | 20.2% | 7.8% | 1.4% | 9.1% | -7.4% | 16.5% | 25.7% | 10.3% |
| Interest Expense | $58.9M | $58.1M | $53.6M | $56.7M | $56.1M | $56.3M | $61.8M | $68.4M |
| Pretax Income | $291.8M | $39.6M | $-41.9M | $112.0M | $-217.9M | $301.4M | $460.8M | $78.8M |
| Income Tax Expense | $-120.0M | $18.6M | $107.5M | $32.5M | $-91.0M | $104.8M | $169.9M | $14.5M |
| Net Income | $207.5M | $-15.9M | $-133.6M | $53.8M | $-98.0M | $159.8M | $217.5M | $50.3M |
| Net Margin | 11.0% | -1.0% | -9.0% | 2.9% | -5.3% | 7.7% | 10.7% | 3.3% |
| EPS (Basic) | $0.61 | $-0.05 | $-0.39 | $0.16 | $-0.29 | $0.47 | $0.64 | $0.14 |
| EPS (Diluted) | $0.61 | $-0.05 | $-0.39 | $0.16 | $-0.29 | $0.47 | $0.64 | $0.14 |
| Shares Outstanding (Basic) | 355.3M | 355.3M | 355.2M | 355.2M | 355.2M | 342.0M | 342.0M | 341.0M |
| Shares Outstanding (Diluted) | 355.3M | 355.3M | 355.2M | 355.2M | 355.2M | 342.0M | 342.0M | 341.0M |
| Dividends Per Share | $0.08 | $0.08 | $0.08 | $0.11 | $0.20 | $0.19 | $0.16 | $0.13 |