Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 |
---|---|---|---|---|---|---|---|---|---|---|
Net sales | ||||||||||
468,186 | 454,272 | 355,047 | 312,113 | 289,382 | 298,634 | 381,021 | 366,190 | 301,080 | 226,859 | 205,801 |
Cost of sales | ||||||||||
290,832 | 271,641 | 207,655 | 183,825 | 177,480 | 184,138 | 209,674 | 205,065 | 178,012 | 140,538 | 148,903 |
Gross profit | ||||||||||
177,354 | 182,631 | 147,392 | 128,288 | 111,902 | 114,496 | 171,347 | 161,125 | 123,068 | 86,321 | 56,898 |
Operating expenses | ||||||||||
151,133 | 143,610 | 120,598 | 107,748 | 100,378 | 107,786 | 115,612 | 101,802 | 83,842 | 67,130 | 63,227 |
Operating income | ||||||||||
26,221 | 39,021 | 26,794 | 20,540 | 11,524 | 6,710 | 55,735 | 59,323 | 39,226 | 19,191 | -6,329 |
Change in fair value of derivative instrument | ||||||||||
- | -1,401 | - | - | - | - | - | - | - | - | - |
Interest expense, net | ||||||||||
7,209 | 4,024 | 1,941 | 1,623 | 2,562 | 3,066 | 2,175 | 2,872 | 3,569 | 3,171 | 3,253 |
Interest income | ||||||||||
- | - | - | - | - | - | - | 1 | 3 | - | - |
Interest capitalized | ||||||||||
- | - | - | - | - | - | 274 | 400 | 109 | 154 | 44 |
Extinguishment of debt | ||||||||||
- | - | - | - | - | - | - | - | -546 | - | - |
Income before provision for income taxes (benefit) and loss on equity method investment | ||||||||||
19,012 | 33,596 | 24,853 | 18,917 | 8,962 | 3,644 | 53,834 | 56,852 | 35,223 | 16,174 | -9,538 |
Income tax (benefit) expense | ||||||||||
5,202 | 9,145 | 4,443 | 5,540 | 2,009 | -451 | 18,916 | 20,026 | 13,155 | 5,190 | -3,749 |
Income before loss on equity method investment | ||||||||||
13,810 | 24,451 | 20,410 | 13,377 | 6,953 | 4,095 | 34,918 | 36,826 | 22,068 | - | - |
Loss from equity method investment | ||||||||||
-209 | -389 | -49 | -353 | -636 | -29 | -986 | - | - | - | - |
Net income | ||||||||||
13,601 | 24,062 | 20,361 | 13,024 | 6,317 | 4,066 | 33,932 | 36,826 | 22,068 | 10,984 | - |
Net loss (income) attributable to non-controlling interest | ||||||||||
- | -133 | 87 | 236 | -274 | -775 | -517 | -41 | - | - | - |
Net income attributable to American Vanguard | ||||||||||
13,601 | 24,195 | 20,274 | 12,788 | 6,591 | 4,841 | 34,449 | 36,867 | 22,068 | 10,984 | -5,789 |
Change in fair value of interest rate swaps | ||||||||||
- | - | - | - | - | - | 388 | 158 | -869 | 1,094 | - |
Foreign currency translation adjustment | ||||||||||
- | - | - | - | - | - | 326 | 330 | -933 | 201 | - |
Comprehensive income | ||||||||||
- | - | - | - | - | - | 35,163 | 37,355 | 20,266 | 12,279 | - |
Earnings per common share—basic | ||||||||||
0.47 | 0.83 | 0.70 | 0.44 | 0.23 | 0.17 | 1.22 | 1.32 | 0.80 | 0.40 | -0.21 |
Earnings per common share—assuming dilution | ||||||||||
0.46 | 0.81 | 0.68 | 0.44 | 0.23 | 0.17 | 1.19 | 1.28 | 0.79 | 0.40 | -0.21 |
Weighted average shares outstanding—basic | ||||||||||
29,030 | 29,326 | 29,100 | 28,859 | 28,673 | 28,436 | 28,301 | 27,914 | 27,559 | 27,385 | 27,120 |
Weighted average shares outstanding—assuming dilution | ||||||||||
29,656 | 30,048 | 29,703 | 29,394 | 29,237 | 28,912 | 28,899 | 28,756 | 27,875 | 27,652 | 27,120 |