WABASH NATIONAL CORPORATION

WNC ·Consumer Cyclical, Recreational Vehicles, United States
Financial Statements Income Statement
Annual Quarterly

Income Statement

Line Item FY2018 FY2017 FY2016 FY2015 FY2014 FY2013 FY2012 FY2011
Revenue $2.27B $1.77B $1.85B $2.03B $1.86B $1.64B $1.46B $1.19B
Cost of Revenue $1.98B $1.51B $1.52B $1.72B $1.63B $1.42B $1.30B $1.12B
Gross Profit $283.7M $260.9M $325.5M $303.4M $232.6M $215.1M $163.8M $66.7M
Gross Margin 12.5% 14.8% 17.6% 15.0% 12.5% 13.2% 11.2% 5.6%
Operating Expenses
Research & Development $8.8M $3.9M $6.4M $4.8M $1.7M $2.5M $1.7M $1.0M
SG&A Expense $95.1M $77.8M $74.1M $73.5M $61.7M $58.7M $44.8M $31.0M
Operating Income $111.0M $130.8M $202.5M $180.4M $122.4M $103.2M $70.5M $19.8M
Operating Margin 4.9% 7.4% 11.0% 8.9% 6.6% 6.3% 4.8% 1.7%
Interest Expense $28.8M $16.4M $15.7M $19.5M $22.2M $26.3M $21.7M $4.1M
Pretax Income $96.0M $122.5M $185.4M $163.3M $98.5M $77.6M $48.7M $15.2M
Income Tax Expense $26.6M $11.1M $66.0M $59.0M $37.5M $31.1M $-57.0M $171.0K
Net Income $69.4M $111.4M $119.4M $104.3M $60.9M $46.5M $105.6M $15.0M
Net Margin 3.1% 6.3% 6.5% 5.1% 3.3% 2.8% 7.2% 1.3%
EPS (Basic) $1.22 $1.88 $1.87 $1.55 $0.88 $0.00 $0.00 $0.00
EPS (Diluted) $1.19 $1.78 $1.82 $1.50 $0.85 $0.00 $0.00 $0.00
Shares Outstanding (Basic) 57.0M 59.4M 63.7M 67.2M 68.9M 70.4M 70.31B 70.06B
Shares Outstanding (Diluted) 58.4M 62.6M 65.8M 69.4M 71.1M 71.1M 70.55B 70.40B
Dividends Per Share $0.31 $0.26 $0.06 $0.00
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