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Magic Software Enterprises, Ltd.$8.05($.05)(.62%)

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Income Statement for Magic Software Enterprises, Ltd.
(Amounts are in millions) 12/2016 12/2015 12/2014
Press Release Press Release Press Release
Net Sales or Revenues $201.65 $176.03 $164.30
Cost of Goods Sold $133.38 $113.22 $99.72
Gross Profit $68.26 $62.81 $64.57
       
Research & Development Expense $5.84 $4.89 $4.75
Selling, General, & Admin. Expense $41.34 $36.49 $39.10
Income Before Depreciation $21.09 $21.43 $20.72
       
Depreciation, Depletion, Amortization $0.00 $0.00 $0.00
Non-Operating Income $0.00 $0.01 ($1.85)
Interest Expense $0.43 $0.69 $0.00
Pretax Income $20.66 $20.76 $18.87
       
Provision for Income Taxes $3.95 $3.68 $2.30
Minority Interest $4.80 $0.88 $0.00
Investment Gains (Losses) $0.00 $0.00 $0.00
Other Income $0.00 $0.00 $0.00
Income Before Extraordinaries $16.71 $17.08 $16.56
       
Extraordinary Items & Disc. Operations $0.00 $0.00 $0.00
Net Income $11.91 $16.20 $16.56
       
Basic Earnings Per Share $0.27 $0.37 $0.36
Diluted Earnings Per Share $0.27 $0.36 $0.36
       
Weighted Average Basic Shares Outstanding 44.35 44.25 43.29
Weighted Average Diluted Shares Outstanding 44.52 44.45 43.31
       
Income Before Non-Recurring Items $19.51 $26.97 $19.32
Income From Non-Recurring Items ($7.60) ($10.77) ($3.92)
Diluted Earnings Per Share before extras $0.44 $0.49 $0.45
       
Dividend (preferred) N/A N/A N/A
Dividend (common) $7.76 $7.79 $9.50
Dividend Per Share (common) $0.18 $0.18 $0.22




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