WESTAMERICA BANCORPORATION
Income Statement
| Line Item | FY2010 | FY2009 | FY2008 |
|---|---|---|---|
| Revenue | $269.8M | $334.6M | $173.2M |
| Cost of Revenue | — | — | — |
| Gross Profit | — | — | — |
| Gross Margin | — | — | — |
| Operating Expenses | |||
| Research & Development | — | — | — |
| SG&A Expense | — | — | — |
| Operating Income | $144.3M | $202.7M | $103.0M |
| Operating Margin | 53.5% | 60.6% | 59.5% |
| Interest Expense | $12.8M | $19.4M | $33.2M |
| Pretax Income | $131.4M | $183.3M | $69.7M |
| Income Tax Expense | $36.8M | $57.9M | $9.9M |
| Net Income | $94.6M | $125.4M | $59.8M |
| Net Margin | 35.1% | 37.5% | 34.6% |
| EPS (Basic) | $3.24 | $4.17 | $2.07 |
| EPS (Diluted) | $3.21 | $4.14 | $2.04 |
| Shares Outstanding (Basic) | 29.2M | 29.1M | 28.9M |
| Shares Outstanding (Diluted) | 29.5M | 29.4M | 29.3M |
| Dividends Per Share | $1.44 | $1.41 | $1.39 |