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Period Ending: 12/31/2016 12/31/2015 12/31/2014 Total Revenue $151,800,000 $149,558,000 $144,077,000 Cost of Revenue $135,488,000 $131,409,000 $131,903,000 Gross Profit $16,312,000 $18,149,000 $12,174,000 Operating Expenses: Research and
Period Ending: | 12/31/2016 | 12/31/2015 | 12/31/2014 |
Total Revenue | $151,800,000 | $149,558,000 | $144,077,000 |
Cost of Revenue | $135,488,000 | $131,409,000 | $131,903,000 |
Gross Profit | $16,312,000 | $18,149,000 | $12,174,000 |
Operating Expenses: | |||
Research and Development | $0 | $0 | $0 |
Sales, General and Admin. | $12,196,000 | $10,502,000 | $11,842,000 |
Non-Recurring Items | $0 | $0 | $0 |
Other Operating Items | $0 | $0 | $0 |
Operating Income | $4,116,000 | $7,647,000 | $332,000 |
Add'l income/expense items | $1,794,000 | $1,560,000 | $424,000 |
Earnings Before Interest and Tax | $7,690,000 | $11,025,000 | $2,031,000 |
Interest Expense | $894,000 | $773,000 | $797,000 |
Earnings Before Tax | $6,796,000 | $10,252,000 | $1,234,000 |
Income Tax | $2,189,000 | $2,881,000 | $4,000 |
Minority Interest | ($11,000) | $2,000 | $1,000 |
Equity Earnings/Loss Unconsolidated Subsidiary | $1,780,000 | $1,818,000 | $1,275,000 |
Net Income-Cont. Operations | $6,376,000 | $9,191,000 | $2,506,000 |
Net Income | ????????? | $7,373,000 | $1,231,000 |
Net Income Applicable to Common Shareholders | $4,596,000 | $7,373,000 | $1,231,000 |
How to how to calculate net income for 2016?
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