APPLIED INDUSTRIAL TECHNOLOGIES, INC. AIT Income Statement

Applied industrial technologies, inc. (AIT)

Income statement / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10	Dec'09	Sep'09
Income Statement [Abstract]
Net sales
830,797	833,375	856,404	882,743	885,443	840,038	864,515	897,721	827,665	667,187	680,701	681,471	679,304	608,123	624,848	634,006	633,172	610,346	641,904	677,540	679,994	691,702	702,325	654,618	618,006	581,949	605,305	640,481	621,654	589,517	610,519	620,013	605,461	570,397	579,574	589,861	565,970	529,517	527,501	523,071	486,141	446,253	437,743
Cost of sales
594,045	592,141	604,944	625,392	629,884	597,178	612,662	634,034	588,141	478,827	488,277	485,364	488,502	435,667	446,518	455,556	458,379	437,179	460,892	485,734	492,631	495,989	507,393	472,090	446,786	418,566	435,510	459,371	447,254	426,598	445,986	447,327	437,848	414,928	420,870	420,718	409,404	385,236	384,381	370,054	355,785	329,348	322,299
Gross profit
236,752	241,234	251,460	257,351	255,559	242,860	251,853	263,687	239,524	188,360	192,424	196,107	190,802	172,456	178,330	178,450	174,793	173,167	181,012	191,806	187,363	195,713	194,932	182,528	171,220	163,383	169,795	181,110	174,400	162,919	164,533	172,686	167,613	155,469	158,704	169,143	156,566	144,281	143,120	153,017	130,356	116,905	115,444
Selling, distribution and administrative expense, including depreciation
183,702	182,489	190,294	185,376	189,456	181,895	185,514	192,856	183,080	141,645	140,587	147,664	145,134	134,600	134,911	135,024	143,031	134,805	139,986	143,931	143,591	148,906	148,767	137,719	131,047	123,546	130,256	133,075	130,923	122,350	120,215	122,912	125,594	122,134	115,437	124,528	118,365	111,225	108,229	106,548	103,319	98,002	97,803
Goodwill & intangible impairment
131,000	-	-	-	31,594	-	-	-	0	-	-	-	-	-	-	-	64,794	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating (loss) income
-77,950	58,745	61,166	71,975	34,509	60,965	66,339	70,831	56,444	46,715	51,837	48,443	45,668	37,856	43,419	43,426	-33,032	38,362	41,026	47,875	43,772	46,807	46,165	44,809	40,173	39,837	39,539	48,035	43,477	40,569	44,318	49,774	42,019	33,335	43,267	44,615	38,201	33,056	34,891	46,469	27,037	18,903	17,641
Interest expense, net
-8,805	-9,583	-10,059	-	-9,947	-9,578	-10,476	-	-8,216	-2,139	-2,166	-	-2,165	-2,100	-2,146	-	-2,359	-2,158	-2,187	-	-2,121	-1,955	-1,662	-	11	152	-61	-	-107	-15	-25	-	-54	-10	-47	-	-52	-458	-1,124	-	-1,374	1,333	1,214
Other income, net
1,428	215	0	332	1,256	-946	239	354	1,291	20	711	67	-154	11	197	-917	-65	-55	-1,004	-1,142	887	-380	-244	404	388	270	1,091	-482	1,027	427	459	-755	1,887	-778	-1,932	384	2,645	421	343	-217	397	-58	303
(Loss) income before income taxes
-85,327	49,377	51,107	62,120	25,818	50,441	56,102	60,221	49,519	44,596	50,382	46,380	43,349	35,767	41,470	40,450	-35,456	36,149	37,835	44,602	42,538	44,472	44,259	44,862	40,572	40,259	40,569	47,535	44,397	40,981	44,752	49,139	43,852	32,547	41,288	44,965	40,794	33,019	34,110	44,715	26,060	17,512	16,730
Income tax (benefit) expense
-2,550	11,346	12,308	22,317	9,283	11,724	7,164	19,859	12,927	13,646	16,661	-6,580	13,855	11,682	14,099	14,383	9,272	12,202	13,544	16,557	13,928	14,765	15,137	15,188	10,178	14,350	13,725	15,263	15,095	13,938	15,220	17,095	14,434	11,612	14,906	16,690	14,258	11,826	13,355	17,011	9,535	7,025	5,543
Net (loss) income
-82,777	38,031	38,799	39,803	16,535	38,717	48,938	40,362	36,592	30,950	33,721	52,960	29,494	24,085	27,371	26,067	-44,728	23,947	24,291	28,045	28,610	29,707	29,122	29,674	30,394	25,909	26,844	32,272	29,302	27,043	29,532	32,044	29,418	20,935	26,382	28,275	26,536	21,193	20,755	27,704	16,525	10,487	11,187
Net (loss) income per share - basic
-2.14	0.98	1.00	1.03	0.43	1.00	1.26	1.03	0.95	0.80	0.87	1.35	0.76	0.62	0.70	0.67	-1.14	0.61	0.61	0.70	0.70	0.72	0.70	0.70	0.73	0.62	0.64	0.77	0.70	0.64	0.70	0.76	0.70	0.50	0.62	0.66	0.63	0.50	0.49	0.66	0.39	0.25	0.26
Net (loss) income per share - diluted
-2.14	0.97	1.00	1.03	0.42	0.99	1.24	1.03	0.93	0.79	0.86	1.34	0.75	0.61	0.70	0.67	-1.14	0.61	0.61	0.68	0.70	0.72	0.70	0.71	0.72	0.61	0.63	0.75	0.69	0.64	0.70	0.75	0.69	0.49	0.61	0.66	0.61	0.49	0.48	0.65	0.39	0.24	0.26
Cash dividends per common share
-	-	-	-	-	-	-	-	-	0.29	0.29	-	0.29	0.28	0.28	-	0.28	0.27	0.27	-	0.27	0.25	0.25	-	0.25	0.23	0.23	-	0.23	0.21	0.21	-	0.21	0.19	0.19	-	0.17	0.17	0.17	-	0.15	0.15	0.15
Weighted average common shares outstanding for basic computation
38,682	38,649	38,611	-	38,643	38,743	38,714	-	38,674	38,716	38,932	-	38,999	38,985	39,044	-	39,107	39,262	39,613	-	40,800	41,228	41,467	-	41,880	42,076	42,157	-	42,098	42,052	41,966	-	42,109	41,965	42,397	-	42,446	42,411	42,370	-	42,321	42,298	42,277
Dilutive effect of potential common shares
0	398	350	-	396	504	650	-	612	490	404	-	463	386	338	-	0	223	229	-	267	305	362	-	362	386	480	-	472	442	511	-	670	669	564	-	893	887	716	-	581	532	510
Weighted average common shares outstanding for diluted computation
38,682	39,047	38,961	-	39,039	39,247	39,364	-	39,286	39,206	39,336	-	39,462	39,371	39,382	-	39,107	39,485	39,842	-	41,067	41,533	41,829	-	42,242	42,462	42,637	-	42,570	42,494	42,477	-	42,779	42,634	42,961	-	43,339	43,298	43,086	-	42,902	42,830	42,787