THE WESTERN UNION COMPANY
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $5.52B | $5.42B | $5.48B | $5.61B | $5.54B | $5.66B | $5.49B | $5.19B |
| Cost of Revenue | $3.35B | $3.27B | — | — | — | — | — | — |
| Gross Profit | $2.17B | $2.16B | — | — | — | — | — | — |
| Gross Margin | 39.3% | 39.8% | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $1.23B | $1.67B | $1.17B | $1.17B | $1.20B | $1.14B | $1.00B | $914.2M |
| Operating Income | $475.8M | $487.0M | $1.11B | $1.14B | $1.11B | $1.33B | $1.39B | $1.30B |
| Operating Margin | 8.6% | 9.0% | 20.2% | 20.3% | 20.0% | 23.5% | 25.2% | 25.0% |
| Interest Expense | $142.1M | $152.5M | $167.9M | $176.6M | $195.6M | $179.6M | $181.9M | $169.9M |
| Pretax Income | $347.5M | $341.7M | $941.8M | $968.2M | $926.9M | $1.17B | $1.27B | $1.15B |
| Income Tax Expense | $904.6M | $88.5M | $104.0M | $115.8M | $128.5M | $142.9M | $109.2M | $235.3M |
| Net Income | $-557.1M | $253.2M | $837.8M | $852.4M | $798.4M | $1.03B | $1.17B | $909.9M |
| Net Margin | -10.1% | 4.7% | 15.3% | 15.2% | 14.4% | 18.1% | 21.2% | 17.5% |
| EPS (Basic) | $-1.19 | $0.52 | $1.63 | $1.60 | $1.43 | $1.70 | $1.85 | $1.37 |
| EPS (Diluted) | $-1.19 | $0.51 | $1.62 | $1.59 | $1.43 | $1.69 | $1.84 | $1.36 |
| Shares Outstanding (Basic) | 467.9M | 490.2M | 512.6M | 533.4M | 556.6M | 604.9M | 630.6M | 666.5M |
| Shares Outstanding (Diluted) | 467.9M | 493.5M | 516.7M | 536.8M | 559.7M | 607.4M | 634.2M | 668.9M |
| Dividends Per Share | $0.70 | $0.64 | $0.62 | $0.50 | $0.50 | $0.43 | $0.31 | $0.25 |