Financial Institutions, Inc.
Period Ending Dec 31, 2013 Dec 31, 2012 Dec 31, 2011 Dec 31, 2010
Total Revenue 123,764 122,344 119,043 115,963
Cost of Revenue 6,600 8,462 11,434 14,853
Gross Profit - - - -
Operating Expenses
Research and Development - - - -
Sales, General and Admin. 69,441 71,397 63,794 60,917
Non-Recurring Items - - - -
Other 9,079 7,128 7,780 6,687
Operating Income - - - -
Income From Continuing Operations
Add'l Income/Expense Items - - (1,083) -
Earnings Before Interest and Tax 38,644 35,357 36,035 33,506
Interest Expense 737 589 1,821 2,867
Earnings Before Tax 37,907 34,768 34,214 30,639
Income Tax 12,377 11,319 11,415 9,352
Minority Interest - - - -
Equity Earnings Unconsolidated Subsidiary - - - -
Net Income Cont. Operations 25,530 23,449 22,799 21,287
Non Recurring Events
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect of Accounting Changes - - - -
Other Items - - - -
Net Income 25,530 23,449 22,799 21,287
Preferred Stock and Other Adjustments (1,466) (1,474) (3,182) (3,725)
Net Income Applicable to Common Shareholders 24,064 21,975 19,617 17,562