B&G FOODS, INC. BGS Income Statement

B&g foods, inc. (BGS)

Income statement / TTM

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
1,697,050	1,660,414	1,648,297	1,664,588	1,681,769	1,700,764	1,709,062	1,692,511	1,665,809	1,646,387	1,574,740	1,486,936	1,431,636	1,372,307	1,319,892	1,214,945	1,102,214	966,358	862,057	857,755	866,999	848,017	821,574	793,926	751,919	724,973	687,132	659,937	647,667	633,812	610,104	588,959	569,800	543,866	519,012	507,147	0	0	0
Cost of goods sold
1,297,089	1,277,290	1,309,638	1,319,671	1,347,546	1,351,264	1,315,634	1,293,180	1,243,094	1,205,809	1,140,066	1,057,778	997,320	943,295	890,273	829,156	764,132	676,794	604,043	608,275	616,500	600,246	563,668	537,816	503,139	482,050	451,874	430,666	422,337	410,469	396,954	389,638	380,066	366,090	351,342	341,529	0	0	0
Gross profit
399,961	383,124	338,659	344,917	334,223	349,500	393,428	399,331	422,715	440,578	434,674	429,158	434,316	429,012	429,619	385,789	338,082	289,564	258,014	249,480	250,499	247,771	257,906	256,110	248,780	242,923	235,258	229,271	225,330	223,343	213,150	199,321	189,734	177,776	167,670	165,618	0	0	0
Operating expenses:
Selling, general and administrative expenses
162,421	160,745	163,827	165,702	163,118	167,389	170,170	171,182	177,496	183,448	174,144	175,610	165,910	157,028	152,576	137,418	122,729	105,939	93,320	87,186	93,278	93,033	93,011	93,109	85,138	79,043	75,103	68,769	66,080	66,212	62,755	60,543	60,108	57,618	53,504	54,242	0	0	0
Amortization expense
18,775	18,543	18,312	18,217	18,225	18,343	18,450	18,081	17,737	17,600	16,766	15,770	14,867	13,803	13,222	12,679	11,990	11,255	10,778	11,443	12,118	12,692	13,262	12,256	11,064	9,884	8,667	8,304	8,171	8,126	7,833	7,448	7,062	6,679	6,526	6,501	0	0	0
Impairment of intangible assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on change in fair value of contingent consideration
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating income
218,765	203,836	332,906	337,384	329,266	340,154	203,189	208,449	225,863	237,911	243,764	237,778	248,134	252,776	258,416	230,287	203,363	172,370	153,916	116,697	119,155	116,098	125,685	158,951	152,578	153,996	151,488	152,198	151,079	149,005	142,562	131,330	122,564	113,479	107,640	104,875	0	0	0
Other income and expenses:
Interest expense, net
-101,091	-98,126	-94,894	-98,674	-103,102	-108,334	-110,610	-106,052	-100,443	-91,784	-122,210	-116,810	-113,238	-74,456	-102,269	-73,023	-43,535	-51,131	45,914	46,229	46,970	46,573	45,445	44,955	43,182	41,813	42,715	43,612	45,444	47,660	47,666	43,995	40,474	36,675	35,189	37,764	0	0	0
Loss on extinguishment of debt
-	-	-	-	-	-13,135	-3,324	-3,324	-3,823	-1,163	-1,163	-1,163	-118	-2,836	0	0	0	-	-	-	-	-	-	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-
Other income
1,354	1,159	1,455	2,709	1,796	3,592	2,013	898	2,555	3,098	3,473	3,148	2,250	1,582	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income before income tax expense
117,851	105,692	229,656	231,608	217,603	222,277	91,268	99,971	124,152	148,062	162,134	161,223	175,298	177,066	184,960	163,660	143,729	121,239	108,002	70,468	66,437	63,777	74,492	105,435	78,105	80,892	67,051	69,677	95,204	90,914	94,896	87,335	82,090	76,804	72,451	67,111	0	0	0
Income tax expense
30,161	29,303	51,602	52,654	48,924	49,842	-99,151	-91,190	-81,094	-69,401	61,011	60,420	66,305	67,641	78,143	69,438	61,010	52,149	38,418	25,112	23,691	22,821	26,198	37,378	27,619	28,549	23,941	25,020	33,088	31,654	32,940	30,192	28,374	26,561	25,181	23,432	0	0	0
Net income
87,690	76,389	178,054	178,954	168,679	172,435	190,419	191,161	205,246	217,463	101,123	100,803	108,993	109,425	106,817	94,222	82,719	69,090	69,584	45,356	42,746	40,956	48,294	68,057	50,486	52,343	43,110	44,657	62,116	59,260	61,956	57,143	53,716	50,243	47,270	43,679	0	0	0
Weighted average shares outstanding:
Basic (in shares)
64,047	64,044	65,081	65,341	65,586	65,821	65,932	66,307	66,517	66,497	66,496	66,481	66,474	66,407	64,757	62,645	59,000	57,977	57,976	56,626	53,758	-	53,664	53	53	-	52,873	52,863	52,715	-	48,387	48,375	48,039	-	47,821	47,906	47,982	47,636	47,625
Diluted (in shares)
64,084	64,044	65,102	65,390	65,617	65,928	66,020	66,353	66,715	66,686	66,643	66,711	66,784	66,666	65,038	62,871	59,103	58,084	58,056	56,682	53,799	-	53,664	53	53	-	53,120	52,863	52,942	-	48,743	48,723	48,337	-	48,479	48,636	48,685	48,601	48,450
Earnings per share:
Basic (in dollars per share)
0.44	0.15	0.48	0.28	0.26	1.69	0.49	0.12	0.31	-	0.49	-	-	-	0.50	-	-	-	0.34	-	-	-	-0.08	-	-	-	0.29	-	-	-	0.35	-	-	0.26	0.25	0.26	0.28	0.19	0.18
Diluted (in dollars per share)
0.44	0.15	0.48	0.28	0.26	1.69	0.48	0.12	0.31	-	0.49	-	-	-	0.50	-	-	-	0.34	-	-	-	-0.08	-	-	-	0.29	-	-	-	0.35	-	-	0.26	0.25	0.26	0.27	0.19	0.18
Basic and diluted earnings per share (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	0.33	0.49	-	-	0.48	0.56	-	-	0.33	0.36	-	-	0.30	0.33	-	-	-0.03	0.37	-	-	0.33	0.35	-	-	-	-	-	-
Cash dividends declared per share (in dollars per share)
0.47	0.47	0.47	0.47	0.47	0.47	0.47	0.47	0.46	0.46	0.46	0.46	0.46	0.47	0.42	0.42	0.42	0.35	0.35	0.34	0.34	0.34	0.34	0.34	0.34	0.33	0.32	0.29	0.29	0.29	0.27	0.27	0.27	0.23	0.21	0.21	0.21	0.17	0.17