Watts Water Technologies Inc.
Income Statement
| Line Item | FY2009 | FY2008 |
|---|---|---|
| Revenue | $1.23B | $1.43B |
| Cost of Revenue | $790.8M | $949.6M |
| Gross Profit | $435.1M | $481.8M |
| Gross Margin | 35.5% | 33.7% |
| Operating Expenses | ||
| Research & Development | $17.8M | — |
| SG&A Expense | $323.5M | $355.6M |
| Operating Income | $92.2M | $98.6M |
| Operating Margin | 7.5% | 6.9% |
| Interest Expense | $22.0M | $26.2M |
| Pretax Income | $72.3M | $68.0M |
| Income Tax Expense | $31.3M | $24.7M |
| Net Income | $17.4M | $46.6M |
| Net Margin | 1.4% | 3.3% |
| EPS (Basic) | $0.47 | $1.27 |
| EPS (Diluted) | $0.47 | $1.26 |
| Shares Outstanding (Basic) | 37.0M | 36.6M |
| Shares Outstanding (Diluted) | 37.1M | 36.8M |
| Dividends Per Share | $0.44 | $0.44 |