American outdoor brands corporation (AOBC)
Income statement / Quarterly
Jan'20Oct'19Jul'19Apr'19Jan'19Oct'18Jul'18Apr'18Jan'18Oct'17Jul'17Apr'17Jan'17Oct'16Jul'16Apr'16Jan'16Oct'15Jul'15Apr'15Jan'15Oct'14Jul'14Apr'14Jan'14Oct'13Jul'13Apr'13Jan'13Oct'12Jul'12Apr'12Jan'12Oct'11Jul'11Apr'11Jan'11Oct'10Jul'10
Net sales

166,695

154,388

123,665

175,733

162,008

161,703

138,833

172,026

157,376

148,427

129,021

229,186

233,523

233,528

206,951

221,117

210,786

143,242

147,763

180,997

130,550

108,446

131,869

170,425

145,881

139,294

171,020

178,717

136,242

136,560

135,995

129,843

98,125

92,299

91,730

84,546

79,238

83,565

94,884

Firearm division

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

77,763

Security solutions division

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

17,121

Firearm division

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

49,134

Security solutions division

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

13,503

Cost of sales

111,492

104,082

75,811

112,369

107,949

105,317

86,411

114,622

110,459

97,628

88,389

138,399

134,212

135,923

119,382

129,048

124,128

87,027

88,893

113,853

86,726

73,606

82,751

100,681

87,230

81,357

98,247

110,272

86,310

88,092

84,768

83,064

68,121

67,693

65,213

56,923

59,847

58,138

62,637

Gross profit

55,203

50,306

47,854

63,364

54,059

56,386

52,422

57,404

46,917

50,799

40,632

90,787

99,311

97,605

87,569

92,069

86,658

56,215

58,870

67,144

43,824

34,840

49,118

69,744

58,651

57,937

72,773

68,445

49,932

48,468

51,227

46,779

30,004

24,606

26,517

27,623

19,391

25,427

32,247

Operating expenses:
Research and development

3,192

2,988

3,229

3,508

3,297

3,251

2,810

2,681

3,148

2,746

2,786

2,624

2,764

2,698

2,152

2,393

2,521

2,695

2,396

2,112

1,901

1,473

1,457

1,529

1,456

1,305

1,358

1,398

952

1,268

1,172

973

992

1,241

1,338

1,175

1,207

913

1,068

Selling, marketing, and distribution

19,294

19,352

16,773

14,984

15,373

15,291

11,615

12,594

16,142

15,351

11,718

12,564

15,052

12,527

9,195

8,997

11,505

12,536

9,219

9,148

10,088

8,850

7,947

9,365

8,921

7,681

7,548

6,841

8,356

8,077

6,838

6,504

8,062

8,636

8,125

7,939

8,921

8,898

8,822

General and administrative

21,810

23,082

26,709

29,585

27,026

26,518

24,521

25,712

21,785

24,713

29,328

30,544

31,286

30,229

23,698

23,783

22,484

19,202

17,438

18,316

16,224

13,743

14,039

15,770

17,154

20,177

15,853

13,340

12,576

12,499

11,921

13,638

10,666

11,295

11,520

10,195

11,203

10,804

15,752

Goodwill impairment

-

-

-

-

10,396

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total operating expenses

44,296

45,422

46,711

48,077

56,092

45,060

38,946

40,987

41,075

42,810

43,832

45,732

49,102

45,454

35,045

35,173

36,510

34,433

29,053

29,576

28,213

24,066

23,443

26,664

27,531

29,163

24,759

21,579

21,884

21,844

19,931

21,115

19,720

21,172

20,983

19,309

21,331

20,615

25,642

Operating income/(loss)

10,907

4,884

1,143

15,287

-2,033

11,326

13,476

16,417

5,842

7,989

-3,200

45,055

50,209

52,151

52,524

56,896

50,148

21,782

29,817

37,568

15,611

10,774

25,675

43,080

31,120

28,774

48,014

46,866

28,048

26,624

31,296

25,664

10,284

3,434

5,534

8,314

-1,940

4,812

6,605

Other (expense)/income, net:
Other income/(expense), net

-18

86

5

-4

47

8

-18

355

87

-3

1,298

-

-8

-30

-

-6

-5

-5

-6

40

16

-11

-6

-2,189

-6

36

5

-

-

39

-

16

8

20

34

-2,994

-463

672

3,013

Interest expense, net

-2,885

-3,039

-2,627

-2,528

-2,548

-2,274

-2,001

-2,815

-2,999

-2,963

-2,391

-2,455

-1,939

-2,175

-2,012

-1,953

-2,079

-2,296

-7,200

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

240

20

24

6

33

8

102

63

48

335

368

309

394

399

403

471

289

292

146

Interest expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,192

2,914

1,984

1,771

1,771

2,046

6,673

1,210

1,240

1,344

1,987

1,437

1,629

2,477

1,941

1,950

1,453

1,109

1,171

Total other (expense)/income, net

-2,903

-2,953

-2,622

-2,532

-2,501

-2,266

-2,019

-2,460

-2,912

-2,966

-1,093

-2,469

-1,947

-2,205

-2,012

-1,959

-2,084

-2,301

-7,206

-3,089

-2,936

-2,905

-1,966

-3,954

-1,744

-2,002

-6,566

-1,147

-1,192

-970

-1,619

-1,112

-1,227

-2,058

-1,504

-4,473

-1,627

-145

1,988

Income from operations before income taxes

8,004

1,931

-1,479

12,755

-4,534

9,060

11,457

13,957

2,930

5,023

-4,293

42,586

48,262

49,946

50,512

54,937

48,064

19,481

22,611

34,479

12,675

7,869

23,709

39,126

29,376

26,772

41,448

45,719

26,856

25,654

29,677

24,552

9,057

1,376

4,030

3,841

-3,567

4,667

8,593

Income tax expense

2,273

638

629

2,930

1,191

2,395

3,812

6,293

-8,465

1,789

-2,128

14,890

15,809

17,463

15,290

19,291

16,630

7,015

8,199

12,379

4,554

2,819

9,153

14,227

9,319

9,627

14,922

17,090

9,350

9,253

10,807

6,737

3,664

428

1,753

1,829

-852

2,095

2,382

Income from continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

24,899

20,057

17,145

26,526

28,629

17,506

16,401

18,870

17,815

5,393

948

2,277

-

-2,715

2,572

-

Loss from operations of discontinued security solutions division

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-107

-75

-222

-52

-455

-601

-867

-1,682

-7,639

-1,600

-4,004

-2,702

-

-53,908

-41,248

-

Income tax benefit

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-264

-803

-64

-3

3,009

2,329

-5,651

-599

-2,291

-645

-1,465

-1,216

-

-3,787

-1,391

-

Loss from discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

157

728

-158

-49

-3,464

-2,930

4,784

-1,083

-5,348

-955

-2,539

-1,486

-

-50,121

-39,857

-

Net income/(loss)

5,731

1,293

-2,108

9,825

-5,725

6,665

7,645

7,664

11,395

3,234

-2,165

27,696

32,453

32,483

35,222

35,646

31,434

12,466

14,412

21,886

8,121

5,050

14,556

25,056

20,785

16,987

26,477

25,165

14,576

21,185

17,787

12,467

4,438

-1,591

791

1,141

-52,836

-37,285

6,211

Comprehensive loss:
Change in unrealized loss on interest rate swap

-92

-198

-420

-401

-834

-54

-104

441

853

356

-119

-70

1,524

814

-408

-66

-740

-302

-181

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other comprehensive loss, before income taxes

-92

-198

-420

-401

-834

-54

-104

441

853

356

-119

-70

1,524

814

-408

-66

-740

-302

-181

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income tax benefit on other comprehensive loss

-26

-45

-92

-66

-217

-14

-27

102

234

128

-40

-16

558

285

-151

-17

-274

-112

-65

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other comprehensive loss, net of tax

-66

-153

-328

-335

-617

-40

-77

339

619

228

-79

-54

966

529

-257

-49

-466

-190

-116

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Comprehensive income/(loss):

5,665

1,140

-2,436

9,490

-6,342

6,625

7,568

8,003

12,014

3,462

-2,244

27,642

33,419

33,012

34,965

35,597

30,968

12,276

14,296

21,886

8,121

5,050

14,556

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income/(loss) per share:
Basic - continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.45

0.36

0.29

0.41

0.44

0.27

0.25

0.29

0.28

0.08

0.01

0.04

-

-0.05

0.04

-

Basic

0.10

0.02

-0.04

0.18

-0.10

0.12

0.14

0.14

0.21

0.06

-0.04

0.50

0.58

0.58

0.63

0.65

0.57

0.23

0.27

0.41

0.15

0.09

0.27

0.46

0.37

0.28

0.41

0.40

0.22

0.32

0.27

0.19

0.07

-0.02

0.01

-

-

-

0.10

Basic--net income/(loss)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.88

-

-

Basic - discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.66

-

Diluted - continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.44

0.35

0.28

0.40

0.44

0.26

0.24

0.28

0.27

0.08

0.01

0.04

-

-0.05

0.04

-

Diluted

0.10

0.02

-0.04

0.17

-0.10

0.12

0.14

0.14

0.21

0.06

-0.04

0.49

0.57

0.57

0.62

0.64

0.56

0.22

0.26

0.40

0.15

0.09

0.26

0.45

0.36

0.28

0.40

0.38

0.22

0.31

0.27

0.19

0.07

-0.02

0.01

-

-

-

0.10

Weighted average number of common shares outstanding:
Diluted--net income/(loss)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.88

-

-

Diluted - discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.62

-

Basic

55,064

54,912

54,783

54,599

54,544

54,444

54,345

54,173

54,122

54,044

53,905

55,098

56,342

56,231

56,049

55,538

54,857

54,447

54,218

53,854

53,724

53,545

54,829

55,234

55,583

59,620

64,235

64,248

65,149

65,871

65,352

65,052

64,874

64,697

64,529

62,230

60,248

60,070

59,940

Diluted

55,744

55,424

54,783

56,282

54,544

55,107

54,931

56,118

54,657

54,656

53,905

56,418

57,127

57,136

56,883

56,734

55,981

55,668

55,477

55,257

54,859

54,651

56,145

56,826

57,024

60,984

65,622

66,075

66,421

67,274

66,798

72,474

66,582

65,110

64,942

63,309

60,248

63,857

67,070