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Idex (IEX) FY2008 results: revenue $1.5 billion

Idex Corp. (IEX) reported revenue of $1.5 billion for fiscal 2008, the year ended 31 December 2008. Net income was $127 million, and diluted earnings per share $1.53. The figures are the company's own, from the 10-K it filed with the SEC on 25 February 2011.

Revenue
$1.5 billion
FY2008FY2008
Operating margin
13.8%
FY2008FY2008
Net income
$127 million
FY2008FY2008
Diluted EPS
$1.53
FY2008FY2008

this yearthe year beforeHover a bar for its figure.

The year in brief

Income statement (profit and loss)

$ millionFY2008Last 8 years
Revenue1,489
Cost of revenue892
Gross profit597
Gross margin40.1%
Selling, general and administrative343
Operating income206
Operating margin13.8%
Interest expense18.9
Pre-tax income192
Income tax65.2
Effective tax rate33.9%
Net income127
Net margin8.5%
Diluted EPS$1.53
$ million except per share.
Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.

Cash flow

$ millionFY2008Last 8 years
Operating cash flow223
Capital expenditure27.8
Free cash flow195
Free cash flow margin13.1%
Cash from investing-281
Cash from financing22.7
Depreciation and amortisation31.0
Share-based compensation15.0
Buybacks50.0
Dividends paid39.4
Dividend per share$0.48
Diluted shares, weighted82m

Balance sheet

$ millionFY2008Last 8 years
Shareholders' equity1,145
Goodwill1,217
Cash and equivalents61.4

10-K for the year ended 31 December 2008, filed 25 February 2011: the filing.