World Kinect Corporation
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $33.70B | $27.02B | $30.38B | $43.39B | $41.56B | $38.95B | $34.62B | $19.13B |
| Cost of Revenue | $32.76B | $26.12B | $29.52B | $42.57B | $40.81B | $38.27B | $33.99B | $18.69B |
| Gross Profit | $932.2M | $899.0M | $861.0M | $819.1M | $752.8M | $673.4M | $635.0M | $442.1M |
| Gross Margin | 2.8% | 3.3% | 2.8% | 1.9% | 1.8% | 1.7% | 1.8% | 2.3% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $306.9M | $296.8M | $249.5M | $218.8M | $188.6M | $174.3M | $154.6M | $94.6M |
| Operating Income | $45.6M | $188.9M | $245.7M | $276.7M | $264.5M | $257.0M | $257.0M | $180.9M |
| Operating Margin | 0.1% | 0.7% | 0.8% | 0.6% | 0.6% | 0.7% | 0.7% | 0.9% |
| Interest Expense | $66.3M | $43.7M | $34.9M | $31.2M | $21.2M | $20.0M | $16.6M | $5.5M |
| Pretax Income | $-21.1M | $142.1M | $217.7M | $274.8M | $246.7M | $239.6M | $238.2M | $177.5M |
| Income Tax Expense | $149.2M | $15.7M | $47.2M | $53.6M | $46.0M | $38.2M | $39.0M | $31.0M |
| Net Income | $-170.2M | $126.5M | $174.5M | $221.1M | $207.2M | $201.4M | $199.2M | $146.9M |
| Net Margin | -0.5% | 0.5% | 0.6% | 0.5% | 0.5% | 0.5% | 0.6% | 0.8% |
| EPS (Basic) | $-2.50 | $1.82 | $2.49 | $3.17 | $2.85 | $2.66 | $2.74 | $2.36 |
| EPS (Diluted) | $-2.50 | $1.81 | $2.47 | $3.15 | $2.83 | $2.64 | $2.71 | $2.31 |
| Shares Outstanding (Basic) | 68.1M | 69.3M | 70.2M | 70.8M | 71.2M | 71.2M | 70.7M | 62.2M |
| Shares Outstanding (Diluted) | 68.1M | 69.8M | 70.7M | 71.3M | 71.8M | 71.8M | 71.5M | 63.4M |
| Dividends Per Share | $0.24 | $0.24 | $0.24 | $0.15 | $0.15 | $0.15 | $0.15 | $0.15 |