Vistance Networks, Inc.
Income Statement
| Line Item | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 |
|---|---|---|---|---|---|---|---|
| Revenue | $4.57B | $4.56B | $4.92B | $3.81B | $3.83B | $3.48B | $3.32B |
| Cost of Revenue | $2.94B | $2.86B | $2.89B | $2.46B | $2.43B | $2.28B | $2.26B |
| Gross Profit | $1.63B | $1.71B | $2.03B | $1.35B | $1.40B | $1.20B | $1.06B |
| Gross Margin | 35.8% | 37.4% | 41.2% | 35.3% | 36.5% | 34.5% | 31.9% |
| Operating Expenses | |||||||
| Research & Development | $185.7M | $185.6M | $201.3M | $136.0M | $125.3M | $126.4M | $121.7M |
| SG&A Expense | $674.0M | $733.1M | $881.7M | $687.4M | $484.9M | $502.3M | $461.1M |
| Operating Income | $450.0M | $472.0M | $567.6M | $181.6M | $577.4M | $329.7M | $238.2M |
| Operating Margin | 9.9% | 10.3% | 11.5% | 4.8% | 15.1% | 9.5% | 7.2% |
| Interest Expense | $242.0M | $257.0M | $277.5M | $234.7M | $178.9M | $208.6M | $189.0M |
| Pretax Income | $170.7M | $209.8M | $272.6M | $-62.0M | $317.1M | $76.2M | $37.3M |
| Income Tax Expense | $30.5M | $16.0M | $49.7M | $8.9M | $80.3M | $56.8M | $31.9M |
| Net Income | $140.2M | $193.8M | $222.8M | $-70.9M | $236.8M | $19.4M | $5.4M |
| Net Margin | 3.1% | 4.2% | 4.5% | -1.9% | 6.2% | 0.6% | 0.2% |
| EPS (Basic) | $0.73 | $1.01 | $1.16 | $-0.37 | $1.27 | $0.12 | $0.03 |
| EPS (Diluted) | $0.72 | $0.98 | $1.13 | $-0.37 | $1.24 | $0.12 | $0.03 |
| Shares Outstanding (Basic) | 192.0M | 192.4M | 192.5M | 189.9M | 186.9M | 160.6M | 154.7M |
| Shares Outstanding (Diluted) | 195.3M | 196.8M | 196.5M | 189.9M | 191.5M | 164.0M | 155.5M |
| Dividends Per Share | — | — | — | — | — | — | — |