AAR CORP. AIR Income Statement

Aar corp. (AIR)

Income statement / Quarterly

Feb'20	Nov'19	Aug'19	May'19	Feb'19	Nov'18	Aug'18	May'18	Feb'18	Nov'17	Aug'17	May'17	Feb'17	Nov'16	Aug'16	May'16	Feb'16	Nov'15	Aug'15	May'15	Feb'15	Nov'14	Aug'14	May'14	Feb'14	Nov'13	Aug'13	May'13	Feb'13	Nov'12	Aug'12	May'12	Feb'12	Nov'11	Aug'11	May'11	Feb'11	Nov'10	Aug'10	May'10	Feb'10	Nov'09	Aug'09
Sales
553,100	560,900	541,500	562,700	529,500	493,300	466,300	432,200	456,300	420,600	439,200	355,000	407,200	423,800	404,800	295,100	412,100	431,500	386,700	356,200	380,100	490,000	395,100	254,100	399,800	540,700	514,500	224,400	520,200	512,800	550,500	563,300	534,200	482,000	485,500	502,150	458,035	440,522	404,393	381,099	300,845	328,684	341,523
Cost and operating expenses:
Provision for doubtful accounts
1,900	700	700	2,100	700	12,400	600	-	100	100	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Selling, general and administrative
58,100	57,100	58,100	63,300	54,800	49,100	48,200	58,000	53,300	48,800	48,000	44,800	43,100	46,300	44,800	31,400	43,100	43,100	40,000	45,100	41,700	47,100	38,500	29,800	37,700	51,100	47,700	18,100	41,800	50,800	53,300	50,500	51,200	44,600	43,100	56,441	44,143	40,874	41,242	44,725	34,091	37,591	36,892
Total cost and operating expenses
547,800	532,800	518,700	533,400	499,700	476,500	443,900	408,700	432,100	398,800	422,700	332,700	383,800	403,900	388,100	265,700	395,900	415,500	372,800	461,500	371,700	458,600	371,200	236,900	371,300	500,800	477,500	236,900	485,800	476,200	513,500	536,400	498,500	448,000	452,900	473,963	423,385	407,718	375,634	358,404	276,720	302,415	324,392
Loss from joint ventures
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-100	-300	-1,700	600	700	600	400	600	800	1,200	900	3,200	1,200	1,400	900	100	300	200	687	56	2,529	28	-38	56	11	83
Operating income
5,300	28,100	22,800	29,300	29,800	16,800	22,400	23,500	24,200	21,800	16,500	22,300	23,400	19,900	16,700	29,800	16,200	15,900	13,600	-107,000	9,000	32,100	24,500	17,600	29,100	40,700	38,200	-11,600	37,600	37,800	38,400	27,800	35,800	34,300	32,800	34,774	34,706	35,333	28,787	22,657	24,181	26,280	17,214
Other expense, net
-200	-200	-200	1,200	-600	-200	400	-	-500	-	-	-	-	-	-	800	0	-100	-300	-	-	-	-	-	-	-	-	0	0	-100	-200	-	-	-	-	3	0	0	97	-20	0	0	913
Interest expense
2,400	1,900	2,200	2,300	2,600	2,500	2,100	2,200	2,200	1,900	1,700	1,400	1,400	1,200	1,300	1,200	1,700	1,500	2,000	4,800	6,400	9,600	6,400	-300	7,100	10,500	11,000	-2,500	10,200	10,800	10,600	11,700	10,700	7,800	7,500	8,094	7,594	7,579	7,433	7,289	6,523	6,463	6,557
Interest income
100	100	100	200	200	100	500	-	-	100	-	-	100	100	-	0	100	0	100	100	0	100	100	600	300	300	300	300	400	300	400	300	500	300	100	102	62	76	160	193	146	290	316
Loss on sale of investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1,876	-	-
Income from continuing operations before provision for income taxes
2,800	26,100	20,500	26,800	26,800	14,200	21,200	20,900	21,500	20,000	14,800	20,800	22,100	18,800	15,400	28,600	14,600	14,300	11,400	-156,600	2,600	22,600	18,200	18,500	22,300	30,500	27,500	-8,800	27,800	27,200	28,000	15,700	25,600	26,800	25,400	26,785	27,174	27,830	21,611	16,267	15,928	20,107	11,886
Provision for income taxes (benefit)
200	6,000	3,400	200	-600	3,000	2,300	2,300	-9,800	6,800	4,200	5,200	7,700	6,700	5,500	9,600	4,700	5,100	4,000	-53,800	700	7,400	6,400	6,200	5,400	10,500	9,500	-2,900	9,300	9,300	9,700	2,700	4,800	9,200	8,800	7,040	9,256	9,740	7,564	5,963	5,381	6,914	2,728
Income from continuing operations
2,600	20,100	17,100	26,600	27,400	11,200	18,900	18,600	31,300	13,200	10,600	15,600	14,400	12,100	9,900	19,000	9,900	9,200	7,400	-	1,900	-	11,800	-	16,900	-	-	-	-	-	-	-	-	-	-	-	-	18,090	14,047	-	10,547	-	-
Operating loss
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1,300	-2,300	-3,700	-	-500	-	3,300	-	1,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain from contingent consideration
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	27,700	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Impairment charges
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	46,400	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Provision for income taxes (benefit)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,800	-1,100	8,500	-	-10,600	-	600	-	-100	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss from discontinued operations
-300	-5,900	-12,700	-3,800	-64,800	-4,200	-3,800	-	-15,800	-35,800	-	5,600	-700	0	-400	-7,000	-5,100	-1,200	15,500	-	-36,300	-	2,700	-	1,100	-	-	-	-	-	-	-	-	-	-	-	-	-1,276	-373	-	-762	-	-
Income attributable to noncontrolling interest from discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	100	-	100	-	100	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income from discontinued operations attributable to AAR
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-36,400	-	2,600	-	1,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income attributable to AAR and noncontrolling interest
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	15,200	-	-	-	20,000	18,000	-	18,500	17,900	18,300	13,000	20,800	17,600	16,600	21,394	17,918	16,814	13,674	11,066	9,785	13,193	9,158
Income attributable to noncontrolling interest
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	100	-	100	100	100	-	200	-	-	-	-	-	-	-134	-127	-119	-1,046
Net income (loss)
2,300	14,200	4,400	22,800	-37,400	7,000	15,100	12,100	15,500	-22,600	10,600	21,200	13,700	12,100	9,500	12,000	4,800	8,000	22,900	15,100	-34,500	15,200	14,400	17,100	17,900	20,000	17,900	600	18,400	17,800	18,200	12,900	20,600	17,600	16,600	-	17,918	-	-	11,200	9,912	13,312	10,204
Earnings (Loss) per share - basic:
Earnings from continuing operations
0.08	0.58	0.49	0.77	0.79	0.32	0.54	0.53	0.91	0.39	0.31	0.46	0.43	0.35	0.29	0.54	0.29	0.26	0.21	-	0.05	-	0.29	-	0.43	-	-	-	-	-	-	-	-	-	-	-	-	0.47	0.37	-	0.28	-	-
Loss from discontinued operations
-0.01	-0.17	-0.37	-0.12	-1.87	-0.12	-0.11	-	-0.46	-1.05	-	0.16	-0.02	0.00	-0.01	-0.19	-0.15	-0.03	0.44	-	-0.94	-	0.07	-	0.02	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income (Loss) from discontinued operations (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.03	-0.01	-	-0.02	-	-
Earnings (Loss) per share - basic
0.07	0.41	0.12	0.65	-1.08	0.20	0.43	0.34	0.45	-0.66	0.31	0.62	0.41	0.35	0.28	0.35	0.14	0.23	0.65	0.41	-0.89	0.38	0.36	0.44	0.45	0.51	0.45	0.00	0.47	0.45	0.46	0.32	0.51	0.44	0.41	0.49	0.47	0.44	0.36	0.29	0.26	0.35	0.27
Earnings (Loss) per share - diluted
Earnings from continuing operations
0.07	0.57	0.49	0.76	0.78	0.32	0.54	0.52	0.90	0.38	0.31	0.45	0.42	0.35	0.29	0.54	0.29	0.26	0.21	-	0.05	-	0.29	-	0.43	-	-	-	-	-	-	-	-	-	-	-	-	0.45	0.36	-	0.28	-	-
Loss from discontinued operations
-0.01	-0.17	-0.36	-0.10	-1.86	-0.12	-0.11	-	-0.46	-1.04	-	0.16	-0.02	0.00	-0.01	-0.19	-0.15	-0.03	0.44	-	-0.94	-	0.07	-	0.02	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income (loss) from discontinued operations (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.03	-0.01	-	-0.02	-	-
Earnings (Loss) per share - diluted
0.06	0.40	0.13	0.66	-1.08	0.20	0.43	0.32	0.44	-0.66	0.31	0.61	0.40	0.35	0.28	0.35	0.14	0.23	0.65	0.39	-0.89	0.38	0.36	0.43	0.45	0.50	0.45	0.03	0.46	0.44	0.45	0.31	0.50	0.43	0.41	0.52	0.44	0.42	0.35	0.29	0.26	0.34	0.27
Cash dividends declared per common share
-	-	-	-	-	-	-	-	0.07	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Weighted average common shares outstanding - basic (in shares)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	38,217	38,143	38,090
Weighted average common shares outstanding - diluted (in shares)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	43,108	42,869	42,574
Products
Sales
294,800	293,000	275,100	309,800	292,400	264,800	257,300	272,300	275,100	248,600	244,700	256,900	242,700	231,300	213,900	245,300	228,700	244,100	212,000	173,800	213,900	307,700	221,300	61,500	205,400	328,900	305,500	-8,400	289,700	291,800	327,500	369,600	363,900	319,300	331,400	342,184	313,207	312,953	281,756	281,800	243,815	269,346	272,529
Cost
238,300	242,000	220,100	249,400	239,000	217,000	209,600	216,800	224,000	200,100	199,600	208,400	202,300	197,300	179,500	209,100	189,800	208,200	178,200	247,300	184,500	264,900	194,300	59,300	179,700	286,000	269,000	39,100	262,300	255,400	284,100	327,300	309,900	281,000	290,400	291,443	269,166	269,382	237,209	256,714	201,002	221,007	243,469
Services
Sales
258,300	267,900	266,400	252,900	237,100	228,500	209,000	159,900	181,200	172,000	194,500	98,100	164,500	192,500	190,900	49,800	183,400	187,400	174,700	182,400	166,200	182,300	173,800	192,600	194,400	211,800	209,000	232,800	230,500	221,000	223,000	193,700	170,300	162,700	154,100	159,966	144,828	127,569	122,637	99,299	57,030	59,338	68,994
Cost
249,500	233,000	239,800	218,600	205,200	198,000	185,500	133,600	154,700	149,800	175,100	77,400	138,400	160,300	163,800	25,200	163,000	164,200	154,600	169,100	145,500	146,600	138,400	147,800	153,900	163,700	160,800	179,700	181,700	170,000	176,100	154,900	137,400	122,400	119,400	120,779	110,076	97,462	97,183	56,965	41,627	43,817	44,031