ZURN ELKAY WATER SOLUTIONS CORPORATION
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.71B | $1.92B | $2.05B | $2.03B | $1.94B | $1.94B | $1.67B | $1.51B |
| Cost of Revenue | $1.09B | $1.26B | $1.30B | $1.28B | $1.23B | $1.25B | $1.08B | $994.4M |
| Gross Profit | $626.4M | $665.2M | $746.2M | $753.4M | $716.6M | $690.1M | $592.5M | $515.6M |
| Gross Margin | 36.6% | 34.6% | 36.4% | 37.0% | 36.9% | 35.5% | 35.4% | 34.1% |
| Operating Expenses | ||||||||
| Research & Development | $10.4M | $12.4M | $12.8M | $13.0M | $13.7M | $15.4M | $11.5M | — |
| SG&A Expense | $356.1M | $385.7M | $415.1M | $419.1M | $398.4M | $387.1M | $326.7M | $297.7M |
| Operating Income | $203.2M | $174.3M | $203.7M | $272.4M | $242.9M | $245.3M | $217.2M | $161.4M |
| Operating Margin | 11.9% | 9.1% | 9.9% | 13.4% | 12.5% | 12.6% | 13.0% | 10.7% |
| Interest Expense | $88.3M | $91.4M | $87.9M | $109.1M | $153.3M | $176.2M | $180.8M | $194.2M |
| Pretax Income | $82.0M | $86.0M | $108.6M | $15.0M | $62.7M | $44.9M | $-63.3M | $118.6M |
| Income Tax Expense | $15.6M | $17.1M | $16.8M | $-10.0M | $15.4M | $9.4M | $-10.2M | $30.5M |
| Net Income | $74.1M | $67.9M | $83.8M | $30.2M | $50.1M | $29.9M | $-51.3M | $88.1M |
| Net Margin | 4.3% | 3.5% | 4.1% | 1.5% | 2.6% | 1.5% | -3.1% | 5.8% |
| EPS (Basic) | $0.65 | $0.67 | $0.82 | $0.31 | $0.52 | $0.45 | $-0.77 | $1.32 |
| EPS (Diluted) | $0.64 | $0.66 | $0.80 | $0.30 | $0.50 | $0.42 | $-0.77 | $1.27 |
| Shares Outstanding (Basic) | 102.8M | 100.8M | 101.5M | 98.1M | 96.0M | 66.8M | 66.8M | 66.8M |
| Shares Outstanding (Diluted) | 104.8M | 103.3M | 104.7M | 101.3M | 99.9M | 72.1M | 66.8M | 69.2M |
| Dividends Per Share | — | — | — | — | — | — | — | — |