ALPHA PRO TECH LTD APT Income Statement

Alpha pro tech ltd (APT)

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
18,154	10,919	12,027	11,415	12,304	10,969	12,104	12,109	11,442	9,943	12,049	11,282	10,751	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cost of goods sold, excluding depreciation and amortization
9,600	7,077	7,807	7,309	7,500	7,017	7,519	7,390	6,987	5,984	7,337	6,795	6,457	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net sales
-	-	-	-	-	-	-	-	-	-	12,049	-	-	9,842	11,779	12,708	11,847	10,030	12,176	12,095	10,654	12,228	13,213	12,252	9,956	10,508	12,692	11,156	9,450	9,848	10,740	10,851	9,619	9,159	10,120	10,278	8,945	10,325	11,221
Cost of goods sold, excluding depreciation and amortization
-	-	-	-	-	-	-	-	-	-	7,337	-	-	6,159	7,263	8,168	7,602	6,605	7,370	8,179	6,829	7,780	8,327	7,744	6,346	6,575	8,113	7,099	5,787	6,463	6,942	6,999	6,194	5,928	6,449	6,407	5,672	6,537	7,000
Gross profit
8,554	3,842	4,220	4,106	4,804	3,952	4,585	4,719	4,455	3,959	4,712	4,487	4,294	3,683	4,516	4,540	4,245	3,425	4,806	3,916	3,825	4,448	4,886	4,508	3,610	3,933	4,579	4,057	3,663	3,385	3,798	3,852	3,425	3,231	3,671	3,871	3,273	3,788	4,221
Operating expenses:
Selling, general and administrative
4,102	3,239	3,172	3,262	3,675	3,287	2,676	3,468	3,881	3,685	3,450	3,346	3,474	2,819	3,158	3,334	3,457	2,815	3,882	3,520	3,577	3,556	3,288	3,298	3,371	3,230	3,190	3,183	3,512	3,329	3,076	3,224	3,250	2,628	3,017	3,296	3,382	3,361	3,518
Depreciation and amortization
182	193	142	140	127	95	140	144	146	145	147	125	154	120	153	117	154	176	206	150	171	159	198	176	188	188	178	175	181	173	166	209	216	202	167	206	243	201	218
Total operating expenses
4,284	3,432	3,314	3,402	3,802	3,382	2,816	3,612	4,027	3,830	3,597	3,471	3,628	2,939	3,311	3,451	3,611	2,991	4,088	3,670	3,748	3,715	3,486	3,474	3,559	3,418	3,368	3,358	3,693	3,502	3,242	3,433	3,466	2,830	3,184	3,502	3,625	3,562	-
Income from operations
4,270	410	906	704	1,002	570	1,769	1,107	428	129	1,115	1,016	666	744	1,205	1,089	634	434	718	246	77	733	1,400	1,034	51	515	1,211	699	-30	-117	556	419	-41	401	487	369	-352	226	485
Other income (loss):
Equity in income of unconsolidated affiliate
87	-12	10	84	277	194	103	151	139	16	105	129	105	65	242	93	98	-18	-165	117	98	84	22	84	110	38	101	38	33	78	84	171	147	126	134	107	127	90	99
Gain (loss) on marketable securities
-59	-	-	-	170	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Unrealized loss on marketable securities
-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Unrealized gain recognized in earings since January 1, 2018
-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on sale of property
-	-	-	-	-	-	-	-	-	-	385	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain/(loss) from marketable securities
-	-	-387	439	-	-10	25	-97	32	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on sale of marketable securities and investment in common stock warrants
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	218	191	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net gain on sales of assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	41	-	-
Interest income, net
16	17	18	21	12	0	1	1	1	1	1	1	1	2	1	1	1	-1	0	14	1	3	4	6	3	6	1	1	1	3	-2	3	6	19	7	9	6	5	5
Total other income
44	14	-359	544	459	184	129	55	172	17	491	130	106	67	243	94	99	-19	-165	131	99	87	26	308	304	394	102	39	34	81	82	174	153	145	141	116	174	95	-
Income before provision (benefit) for income taxes
4,314	424	547	1,248	1,461	754	1,898	1,162	600	146	1,606	1,146	772	811	1,448	1,183	733	415	553	377	176	820	1,426	1,342	355	909	1,313	738	4	-36	638	593	112	546	628	485	-178	321	589
Provision (benefit) for income taxes
-1,028	89	110	238	243	135	359	203	92	-30	503	342	222	-34	429	386	226	116	247	89	28	208	460	447	86	224	408	264	-11	-155	224	219	42	191	242	181	-66	127	217
Net income
5,342	335	437	1,010	1,218	619	1,539	959	508	176	1,103	804	550	845	1,019	797	507	299	306	288	148	612	966	895	269	685	905	474	15	119	414	374	70	355	386	304	-112	194	372
Basic earnings per common share (in dollars per share)
0.41	0.03	0.03	0.08	0.09	0.04	0.11	0.07	0.04	0.02	0.07	0.05	0.04	0.05	0.06	0.05	0.03	0.01	0.02	0.02	0.01	0.04	0.05	0.05	0.01	0.04	0.05	0.02	0.00	0.01	0.02	0.02	0.00	0.01	0.02	0.01	0.00	0.01	0.02
Diluted earnings per common share (in dollars per share)
0.39	0.03	0.03	0.08	0.09	0.04	0.11	0.07	0.04	0.02	0.07	0.05	0.04	0.05	0.06	0.05	0.03	0.01	0.02	0.02	0.01	0.04	0.05	0.05	0.01	0.04	0.05	0.02	0.00	0.01	0.02	0.02	0.00	0.01	0.02	0.01	0.00	0.01	0.02
Basic weighted average common shares outstanding (in shares)
13,121	12,939	13,056	13,184	13,391	13,539	13,795	14,086	14,217	14,409	14,732	14,953	15,207	15,764	16,695	17,211	17,669	18,002	18,276	18,208	18,299	18,370	18,107	18,321	18,859	18,826	19,008	19,262	19,715	20,293	20,674	20,857	20,988	21,396	22,052	22,427	22,434	22,424	22,424
Diluted weighted average common shares outstanding (in shares)
13,664	12,921	13,075	13,208	13,469	13,486	13,853	14,127	14,383	14,730	14,933	15,006	15,301	15,753	16,706	17,211	17,669	17,845	18,299	18,308	18,499	18,748	18,387	18,597	19,163	18,790	19,009	19,362	19,749	20,293	20,674	20,857	20,988	21,396	22,052	22,427	22,434	22,424	22,869