ALAMO GROUP INC. ALG Income Statement

Alamo group inc. (ALG)

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	Sep'10	Jun'10
Net sales:
Net sales:
Total net sales
314,448	300,189	271,829	285,186	261,934	256,038	257,572	257,125	238,087	243,260	240,455	213,276	215,389	205,522	216,766	211,489	210,971	224,431	231,614	215,734	207,798	223,911	234,783	207,751	172,610	170,859	174,738	178,064	158,429	154,033	156,078	167,009	155,911	146,997	155,057	160,824	140,715	136,673	138,069
Cost of sales
235,508	232,113	203,119	212,053	198,626	193,406	190,800	190,671	177,830	182,349	175,516	158,597	161,225	157,589	162,055	159,311	160,694	175,694	174,105	165,069	162,261	175,539	179,343	160,465	134,480	134,508	131,582	133,973	123,517	121,990	119,008	127,848	120,673	118,427	117,834	123,433	108,814	104,283	109,388
Gross profit
78,940	68,076	68,710	73,133	63,308	62,632	66,772	66,454	60,257	60,911	64,939	54,679	54,164	47,933	54,711	52,178	50,277	48,737	57,509	50,665	45,537	48,372	55,440	47,286	38,130	36,351	43,156	44,091	34,912	32,043	37,070	39,161	35,238	28,570	37,223	37,391	31,901	32,390	28,681
Selling, general and administrative expenses
51,248	45,035	44,255	43,784	39,847	34,435	38,523	39,668	38,896	37,175	37,178	34,372	33,913	35,655	33,699	34,137	33,988	34,342	33,939	34,230	33,409	32,661	33,914	32,490	27,499	28,240	27,830	26,530	25,173	24,434	23,992	24,836	24,245	23,340	22,762	23,685	22,560	21,273	21,355
Amortization expenses
3,800	-	-	-	900	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income from operations
23,856	18,238	24,455	29,349	22,606	24,692	28,249	26,786	21,361	20,419	27,761	20,307	20,251	12,278	21,012	18,041	16,289	14,395	23,570	16,435	12,128	15,711	21,526	14,796	10,631	8,111	15,326	17,561	9,739	6,953	13,078	14,325	10,993	11,948	14,461	13,706	9,341	11,117	7,326
Interest expense
5,519	5,525	1,837	1,935	1,450	1,260	1,399	1,497	1,337	598	1,414	1,500	1,327	1,580	1,405	1,523	1,406	1,582	1,671	1,848	1,623	1,257	1,497	1,044	239	264	319	336	242	260	392	525	443	707	506	444	765	888	1,024
Interest income
356	367	359	330	173	101	100	109	100	79	100	81	76	53	43	56	62	69	27	41	52	74	41	35	61	57	44	41	44	55	66	58	55	91	32	52	72	418	305
Other income (expense), net
2,341	-353	242	-295	-389	-983	-265	-92	-134	866	-1,561	-815	-358	522	127	242	-622	4,631	895	488	860	719	421	153	474	436	558	343	289	139	-234	152	-574	253	817	-75	-147	112	-25
Income before income taxes
21,034	12,727	23,219	27,449	20,940	22,550	26,685	25,306	19,990	20,766	24,886	18,073	18,642	11,273	19,777	16,816	14,323	17,513	22,821	15,116	11,417	15,247	20,491	13,940	10,927	8,340	15,609	17,609	9,830	6,887	12,518	14,010	10,031	11,585	14,804	13,239	8,501	10,759	6,582
Provision for income taxes
5,506	3,159	5,801	6,782	5,687	5,961	3,142	6,535	5,407	17,526	8,294	5,757	6,475	3,685	6,541	6,254	5,664	6,129	8,065	5,406	4,058	3,896	7,124	4,745	3,689	2,316	4,276	5,822	2,880	2,688	3,943	4,666	3,246	3,535	4,748	4,325	2,834	2,609	1,712
Net Income
15,528	9,568	17,418	20,667	15,253	16,589	23,543	18,771	14,583	3,240	16,592	12,316	12,167	7,588	13,236	10,562	8,659	11,384	14,756	9,710	7,359	11,351	13,367	9,195	7,238	6,024	11,333	11,787	6,950	4,199	8,575	9,344	6,785	8,050	10,056	8,914	5,667	8,150	4,870
Net income per common share:
Basic (in dollars per share)
1.32	0.82	1.48	1.76	1.30	1.42	2.01	1.61	1.26	0.28	1.43	1.07	1.06	0.66	1.15	0.93	0.76	1.00	1.30	0.86	0.65	1.00	1.11	0.76	0.60	0.50	0.94	0.98	0.58	0.35	0.72	0.79	0.57	0.68	0.85	0.75	0.48	0.69	0.41
Diluted (in dollars per share)
1.31	0.81	1.47	1.75	1.30	1.41	2.00	1.60	1.24	0.27	1.42	1.05	1.05	0.65	1.14	0.92	0.75	1.00	1.28	0.84	0.64	0.98	1.10	0.75	0.59	0.49	0.93	0.97	0.57	0.36	0.71	0.77	0.56	0.68	0.84	0.74	0.47	0.68	0.41
Average common shares:
Basic (in shares)
11,761	11,744	11,748	11,726	11,698	11,693	11,689	11,652	11,606	11,591	11,586	11,547	11,472	11,465	11,460	11,422	11,389	11,384	11,380	11,352	11,280	11,269	12,050	12,097	12,084	12,081	12,069	12,044	12,006	11,936	11,903	11,884	11,873	11,858	11,857	11,845	11,832	11,803	11,756
Diluted (in shares)
11,827	11,812	11,813	11,798	11,777	11,769	11,777	11,759	11,739	11,729	11,708	11,671	11,620	11,608	11,595	11,550	11,507	11,498	11,496	11,498	11,436	11,404	12,206	12,276	12,270	12,261	12,229	12,200	12,158	12,091	12,056	12,058	12,027	11,971	11,947	11,966	11,980	11,906	11,882
Dividends declared (in dollars per share)
0.13	-	0.12	0.12	0.12	-	0.11	0.11	0.11	-	0.10	0.10	0.10	-	0.09	0.09	0.09	-	0.08	0.08	0.08	-	0.07	0.07	0.07	-	0.07	0.07	0.07	-	0.06	0.06	0.06	-	0.06	0.06	0.06	0.06	0.06
Industrial
Total net sales
229,975	268,425	158,499	168,000	173,530	199,279	156,721	150,031	132,167	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income from operations
18,123	13,793	14,350	20,172	16,947	18,761	18,351	16,165	11,800	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Agricultural
Total net sales
84,473	147,324	59,797	55,159	88,404	191,442	61,464	59,071	58,647	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income from operations
5,733	13,353	6,140	4,234	5,659	17,964	6,608	6,186	5,253	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
European
Total net sales
-	-	53,533	62,027	-	-	39,387	48,023	47,273	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income from operations
-	-	3,965	4,943	-	-	3,290	4,435	4,308	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-