WOLVERINE WORLD WIDE, INC.

WWW ·Consumer Cyclical, Footwear & Accessories, United States
Financial Statements Income Statement
Annual Quarterly

Income Statement

Line Item FY2016 FY2015 FY2013 FY2012 FY2011 FY2010 FY2009
Revenue $2.49B $2.76B $2.69B $1.64B $1.41B $1.10B $1.22B
Cost of Revenue $1.53B $1.67B $1.62B $1.01B $852.3M $663.5M $734.5M
Gross Profit $959.9M $1.09B $1.06B $628.2M $556.8M $431.7M $486.0M
Gross Margin 38.5% 39.3% 39.6% 38.3% 39.5% 39.2% 39.8%
Operating Expenses
Research & Development
SG&A Expense $754.1M $815.2M $830.0M $482.0M $386.6M $316.4M $345.2M
Operating Income $163.8M $229.9M $192.3M $113.7M $170.2M $85.6M $140.8M
Operating Margin 6.6% 8.3% 7.1% 6.9% 12.1% 7.8% 11.5%
Interest Expense $14.6M $1.4M $494.0K
Pretax Income $110.5M $181.5M $127.7M $94.2M $168.9M $85.7M $140.6M
Income Tax Expense $23.0M $47.6M $26.7M $13.4M $45.6M $23.8M $44.8M
Net Income $87.7M $133.1M $100.4M $80.7M $123.3M $61.9M $95.8M
Net Margin 3.5% 4.8% 3.7% 4.9% 8.8% 5.6% 7.9%
EPS (Basic) $0.90 $1.33 $1.01 $0.84 $1.27 $1.26 $1.94
EPS (Diluted) $0.89 $1.30 $0.99 $0.81 $1.24 $1.24 $1.90
Shares Outstanding (Basic) 95.3M 98.2M 96.9M 94.9M 97.8M 49.2M
Shares Outstanding (Diluted) 96.2M 100.1M 98.9M 97.0M 97.5M 49.0M
Dividends Per Share $0.24 $0.24 $0.24 $0.24
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