VIRCO MFG. CORPORATION
Income Statement
| Line Item | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $189.3M | $173.4M | $168.6M | $164.1M | $155.0M | $157.9M | $166.4M | $181.0M |
| Cost of Revenue | $123.8M | $110.9M | $109.0M | $108.7M | $102.5M | $107.3M | $118.3M | $129.6M |
| Gross Profit | $65.5M | $62.5M | $59.6M | $55.4M | $52.6M | $50.6M | $48.2M | $51.4M |
| Gross Margin | 34.6% | 36.1% | 35.4% | 33.8% | 33.9% | 32.0% | 28.9% | 28.4% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $60.3M | $56.6M | $53.7M | $52.7M | $52.6M | $52.4M | $56.2M | $58.9M |
| Operating Income | $5.1M | $5.9M | $5.9M | $2.4M | $-1.4M | $-2.5M | $-12.6M | $-7.5M |
| Operating Margin | 2.7% | 3.4% | 3.5% | 1.4% | -0.9% | -1.6% | -7.6% | -4.1% |
| Interest Expense | $1.5M | $1.2M | $1.3M | $1.5M | $1.3M | $1.6M | $1.1M | $1.1M |
| Pretax Income | $2.4M | $4.7M | $4.7M | $918.0K | $-2.7M | $-4.0M | $-13.7M | $-8.6M |
| Income Tax Expense | $5.6M | $-18.0M | $118.0K | $69.0K | $-1.0M | $-209.0K | $55.0K | $9.0M |
| Net Income | $-3.2M | $22.8M | $4.5M | $849.0K | $-1.7M | $-3.8M | $-13.8M | $-17.6M |
| Net Margin | -1.7% | 13.1% | 2.7% | 0.5% | -1.1% | -2.4% | -8.3% | -9.7% |
| EPS (Basic) | $-0.21 | $1.51 | $0.31 | $0.06 | $-0.12 | $-0.27 | $-0.97 | $-1.25 |
| EPS (Diluted) | $-0.21 | $1.49 | $0.30 | $0.06 | $-0.12 | $-0.27 | $-0.97 | $-1.25 |
| Shares Outstanding (Basic) | 15.2M | 15.1M | 14.9M | 14.8M | 14.6M | 14.4M | 14.2M | 14.1M |
| Shares Outstanding (Diluted) | 15.2M | 15.3M | 15.1M | 15.0M | 14.6M | 14.4M | 14.2M | 14.1M |
| Dividends Per Share | — | — | — | — | $0.00 | $0.00 | $0.05 | $0.10 |