B&g foods, inc. (BGS)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09
Net sales

1,660,414

1,700,764

1,646,387

1,372,307

966,358

848,017

724,973

633,812

543,866

513,337

501,016

Cost of goods sold

1,277,290

1,351,264

1,205,809

943,295

676,794

600,246

482,050

410,469

366,090

345,668

352,283

Gross profit

383,124

349,500

440,578

429,012

289,564

247,771

242,923

223,343

177,776

167,669

148,733

Operating expenses:
Selling, general and administrative expenses

160,745

167,389

183,448

157,028

105,939

93,033

79,043

66,212

57,618

56,495

53,966

Amortization expense

18,543

18,343

17,600

13,803

11,255

12,692

9,884

8,126

6,679

6,457

6,450

(Gain) loss on sale of assets

-

176,386

-1,608

-

-

-

-

-

-

-

-

Impairment of intangible assets

-

-

-

5,405

-

34,154

-

-

-

-

-

Gain on change in fair value of contingent consideration

-

-

-

-

-

8,206

-

-

-

-

-

Operating income

203,836

340,154

237,911

252,776

172,370

116,098

153,996

149,005

113,479

104,717

88,317

Other income and expenses:
Interest expense, net

-98,126

-108,334

-91,784

-74,456

-51,131

46,573

41,813

47,660

36,675

40,342

49,432

Loss on extinguishment of debt

-1,177

-13,135

-1,163

-2,836

-

-5,748

-31,291

-10,431

-

-15,224

-10,220

Other income

1,159

3,592

3,098

1,582

-

-

-

-

-

-

-

Income before income tax expense

105,692

222,277

148,062

177,066

121,239

63,777

80,892

90,914

76,804

49,151

28,665

Income tax expense

29,303

49,842

-69,401

67,641

52,149

22,821

28,549

31,654

26,561

16,772

11,224

Net income

76,389

172,435

217,463

109,425

69,090

40,956

52,343

59,260

50,243

32,379

17,441

Weighted average shares outstanding:
Basic (in shares)

65,013

66,144

66,487

63,203

56,584

-

-

-

-

-

-

Diluted (in shares)

65,038

66,254

66,706

63,420

56,655

-

-

-

-

-

-

Earnings per share:
Basic (in dollars per share)

1.17

2.61

3.27

1.73

1.22

0.76

0.99

1.20

1.05

0.68

0.44

Diluted (in dollars per share)

1.17

2.60

3.26

1.73

1.22

0.76

0.98

1.20

1.04

0.67

0.44

Cash dividends declared per share (in dollars per share)

1.90

1.89

1.86

1.73

1.38

1.36

1.23

1.10

0.86

0.68

0.68