VERA BRADLEY, INC.
Income Statement
| Line Item | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $454.6M | $485.9M | $502.6M | $509.0M | $530.9M | $535.7M | $460.8M | $366.1M |
| Cost of Revenue | $200.6M | $209.9M | $221.4M | $240.0M | $238.7M | $231.1M | $203.2M | $156.9M |
| Gross Profit | $254.0M | $276.0M | $281.2M | $269.0M | $292.2M | $304.5M | $257.6M | $209.1M |
| Gross Margin | 55.9% | 56.8% | 55.9% | 52.9% | 55.0% | 56.9% | 55.9% | 57.1% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $239.8M | $249.2M | $236.8M | $208.7M | $201.2M | $197.1M | $169.4M | $163.1M |
| Operating Income | $15.0M | $28.2M | $46.7M | $64.1M | $95.8M | $113.7M | $96.2M | $53.3M |
| Operating Margin | 3.3% | 5.8% | 9.3% | 12.6% | 18.0% | 21.2% | 20.9% | 14.6% |
| Interest Expense | — | $178.0K | $263.0K | $407.0K | $571.0K | $679.0K | $1.1M | $200.0K |
| Pretax Income | $15.4M | $28.0M | $46.5M | $63.7M | $95.2M | $113.0M | $95.0M | $51.7M |
| Income Tax Expense | $8.4M | $8.3M | $18.9M | $22.8M | $35.1M | $40.6M | $37.1M | $5.5M |
| Net Income | $7.0M | $19.8M | $27.6M | $38.4M | $58.8M | $68.9M | $57.9M | $46.2M |
| Net Margin | 1.5% | 4.1% | 5.5% | 7.6% | 11.1% | 12.9% | 12.6% | 12.6% |
| EPS (Basic) | $0.20 | $0.54 | $0.71 | $0.95 | $1.45 | $1.70 | $1.43 | $1.25 |
| EPS (Diluted) | $0.19 | $0.53 | $0.71 | $0.95 | $1.45 | $1.70 | $1.43 | $1.25 |
| Shares Outstanding (Basic) | 35.9M | 36.8M | 38.8M | 40.6M | 40.6M | 40.5M | 40.5M | 36.8M |
| Shares Outstanding (Diluted) | 36.0M | 37.0M | 38.9M | 40.6M | 40.6M | 40.6M | 40.5M | 36.9M |
| Dividends Per Share | — | — | — | — | — | — | — | — |