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Sallie Mae$11.65$.201.75%

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Income Statement for Sallie Mae
(Amounts are in millions) 12/2017 12/2016 12/2015
Press Release Press Release Press Release
Net Sales or Revenues $1,434.40 $1,146.06 $1,013.71
Cost of Goods Sold $223.69 $148.41 $116.39
Gross Profit $1,210.71 $997.65 $897.33
       
Research & Development Expense $0.00 $0.00 $0.00
Selling, General, & Admin. Expense $634.39 $544.81 $439.15
Income Before Depreciation $576.33 $452.84 $458.18
       
Depreciation, Depletion, Amortization $0.00 $0.00 $0.00
Non-Operating Income ($0.47) ($0.91) ($6.88)
Interest Expense $84.39 $37.50 $12.23
Pretax Income $491.47 $414.44 $439.06
       
Provision for Income Taxes $202.53 $164.11 $164.78
Minority Interest $0.00 $0.00 $0.00
Investment Gains (Losses) $0.00 $0.00 $0.00
Other Income $0.00 $0.00 $0.00
Income Before Extraordinaries $288.93 $250.33 $274.28
       
Extraordinary Items & Disc. Operations $0.00 $0.00 $0.00
Net Income $288.93 $250.33 $274.28
       
Basic Earnings Per Share $0.63 $0.54 $0.60
Diluted Earnings Per Share $0.62 $0.53 $0.59
       
Weighted Average Basic Shares Outstanding 431.22 427.88 425.57
Weighted Average Diluted Shares Outstanding 438.55 432.92 432.23
       
Income Before Non-Recurring Items $327.50 $252.26 $273.15
Income From Non-Recurring Items ($38.57) ($1.93) $1.14
Diluted Earnings Per Share before extras $0.71 $0.53 $0.59
       
Dividend (preferred) $17.26 $19.27 $18.94
Dividend (common) $0.00 $0.00 $0.00
Dividend Per Share (common) $0.00 $0.00 $0.00




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