Waters Corporation
Income Statement
| Line Item | FY2009 | FY2008 | FY2007 |
|---|---|---|---|
| Revenue | $1.50B | $1.58B | $1.47B |
| Cost of Revenue | $594.9M | $661.3M | $631.1M |
| Gross Profit | $903.8M | $913.9M | $841.9M |
| Gross Margin | 60.3% | 58.0% | 57.2% |
| Operating Expenses | |||
| Research & Development | $77.2M | $81.6M | $80.6M |
| SG&A Expense | $421.4M | $426.7M | $403.7M |
| Operating Income | $394.6M | $389.8M | $348.9M |
| Operating Margin | 26.3% | 24.7% | 23.7% |
| Interest Expense | $11.0M | $38.5M | $-56.5M |
| Pretax Income | $386.7M | $372.2M | $323.2M |
| Income Tax Expense | $63.3M | $49.7M | $55.1M |
| Net Income | $323.3M | $322.5M | $268.1M |
| Net Margin | 21.6% | 20.5% | 18.2% |
| EPS (Basic) | $3.37 | $3.25 | $2.67 |
| EPS (Diluted) | $3.34 | $3.21 | $2.62 |
| Shares Outstanding (Basic) | 95.8M | 99.2M | 100.5M |
| Shares Outstanding (Diluted) | 96.9M | 100.6M | 102.5M |
| Dividends Per Share | — | — | — |