BROADWIND, INC. BWEN Income Statement

Broadwind, inc. (BWEN)

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
Revenues
48,634	49,253	46,138	41,169	41,660	27,187	31,445	36,781	29,967	17,768	29,595	43,362	56,060	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cost of sales
42,462	45,264	42,144	37,277	38,111	27,456	29,802	34,442	29,984	-	28,581	39,490	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Restructuring
-	0	0	0	12	-	157	116	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Revenues
-	-	-	-	-	-	-	-	-	-	-	-	-	48,151	42,552	43,380	46,757	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Revenues
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	37,573	49,791	62,563	49,229	43,353	55,295	68,381	58,800	56,397	60,862	52,945	45,506	44,908	55,045	56,311	54,443	55,093	47,899	39,332	43,530	34,022	33,580
Cost of sales
-	-	-	-	-	-	-	-	-	-	-	-	49,686	43,447	37,221	39,238	42,795	43,781	46,960	54,064	46,484	41,065	51,118	59,231	53,438	52,013	55,147	48,338	42,881	44,102	52,097	54,236	51,822	54,087	47,098	36,400	40,951	34,243	33,366
Regulatory settlement
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	816	750	-	-	1,500	-	-	-	-	-	-	-	-	-	-	-	-
Restructuring
-	-	-	-	-	-	-	-	115	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	302	79	107	601	259	381	25	75	-	300	-	-	-	-
Restructuring
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,228	1,097	1,206	455	576	233	416	389	-	89	-	-	-	-
Restructuring
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	164	519	269	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gross profit
6,172	3,989	3,994	3,892	3,537	-512	1,486	2,223	-132	-3,101	1,014	3,872	6,374	4,704	5,331	4,142	3,962	-6,208	2,831	8,499	2,745	1,959	4,013	8,631	5,093	2,156	4,618	3,401	2,170	230	2,715	1,659	2,232	964	712	2,932	2,579	-221	214
OPERATING EXPENSES:
Selling, general and administrative
4,309	4,314	4,049	3,895	3,828	3,605	3,627	2,495	3,898	3,117	2,374	3,917	4,420	4,001	3,860	3,850	4,075	4,520	3,981	4,755	5,015	3,336	4,058	5,620	5,917	5,693	5,216	5,117	5,388	4,976	5,197	5,578	5,883	6,509	6,442	7,028	6,337	6,722	6,996
Impairment charges
-	-	-	-	-	-	-	4,993	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Impairment charges
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4,561
Intangible amortization
183	1,074	203	203	203	471	471	471	471	471	471	471	351	111	111	111	111	111	111	111	111	111	111	111	111	111	111	665	665	665	664	215	215	215	214	215	215	855	855
Restructuring
-	-	-	-	-	1	0	0	36	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Restructuring
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	874	17	-17	-	114	49	60	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total operating expenses
4,492	5,388	4,252	4,098	4,031	11,669	4,098	7,959	4,405	3,588	2,845	4,388	4,771	4,112	3,971	3,961	4,186	4,817	4,966	4,883	5,109	3,457	5,099	6,530	6,088	6,106	6,906	5,889	6,654	5,900	6,242	5,818	6,173	6,865	6,956	7,243	6,552	7,577	12,412
Operating income (loss)
1,680	-1,399	-258	-206	-494	-12,181	-2,612	-5,736	-4,537	-6,689	-1,831	-516	1,603	592	1,360	181	-224	-11,025	-2,135	3,616	-2,364	-1,498	-1,086	2,101	-995	-3,950	-2,288	-2,488	-4,484	-5,670	-3,527	-4,159	-3,941	-5,901	-6,244	-4,311	-3,973	-7,798	-12,198
OTHER EXPENSE, net:
Interest expense, net
-673	-390	-610	-773	-536	-474	-372	-352	-298	-214	-228	-217	-139	-194	-125	-152	-154	-188	-210	-247	-154	-153	-159	-184	-160	-190	-177	-227	-391	-658	-553	-238	-262	-272	-276	-296	-273	-275	-280
Other, net
-1	137	-2	-16	-1	112	2,247	-1	-3	-	-12	29	-	22	10	5	12	462	-64	-83	110	-50	3	-16	136	489	-4	180	335	513	148	247	363	610	127	222	210	377	-396
Gain on sale of assets and restructuring
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	38	-38	-	119	-	-	-	-1	-	-	-	-	-	-	-	-	-	-	-	-
Gain on sale of assets and restructuring
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,953	13	-	-15	-71	-	-	-	-	-	-	-
Restructuring
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	202	-	-	-	-
Total other expense, net
-674	-253	-612	-789	-537	-362	1,875	-353	-301	-228	-240	-188	-139	-172	-115	-147	-142	274	-274	-292	-82	-286	-37	-200	-24	212	-182	2,906	-43	-203	-420	-62	101	243	-351	-74	-63	102	-676
Net income (loss) before provision for income taxes
1,006	-1,652	-870	-995	-1,031	-12,543	-737	-6,089	-4,838	-6,917	-2,071	-704	1,464	-	1,245	34	-366	-	-2,409	3,324	-2,446	-1,784	-1,123	1,901	-1,019	-3,738	-2,470	418	-4,527	-5,873	-3,947	-4,221	-3,840	-5,658	-6,595	-4,385	-4,036	-7,696	-12,874
Provision for income taxes
52	-24	28	23	11	-185	13	-6	-27	11	-22	-16	-5,018	14	0	-8	-8	-25	-26	-62	77	-273	-24	41	24	8	28	14	22	5	-9	10	20	44	-9	16	17	-436	326
INCOME (LOSS) FROM CONTINUING OPERATIONS
-	-	-898	-1,018	-	-12,358	-750	-6,083	-4,811	-6,928	-2,049	-688	6,482	406	1,245	42	-358	-10,726	-2,383	3,386	-2,523	-	-1,099	-	-	-3,746	-2,498	404	-4,549	-5,878	-3,938	-4,231	-3,860	-5,702	-6,586	-4,401	-4,053	-7,260	-
INCOME (LOSS) FROM DISCONTINUED OPERATIONS
-	-	-	-	-	-51	-33	-33	-27	-53	-158	-92	-155	-108	-373	-516	-19	-68	-5,230	-1,771	-2,492	-	-715	-	-	0	100	0	-210	-	-	-	-	-22	0	-57	-1,127	-1,039	-
NET INCOME (LOSS)
954	-1,565	-898	-1,018	-1,042	-12,409	-783	-6,116	-4,838	-6,981	-2,207	-780	6,327	298	872	-474	-377	-10,794	-7,613	1,615	-5,015	-5,171	-1,814	1,860	-1,043	-3,746	-2,398	404	-4,759	-5,878	-3,938	-4,231	-3,860	-5,724	-6,586	-4,458	-5,180	-8,299	-
NET INCOME (LOSS) PER COMMON SHARE—BASIC:
Loss from continuing operations (in dollars per share)
-	-	-0.06	-0.06	-	-0.78	-0.05	-0.40	-0.32	-0.45	-0.14	-0.05	0.43	0.03	0.08	0.00	-0.02	-	-0.16	0.23	-	-	-	-	-	-	-	0.03	-	-	-	-0.30	-	-	-	-	-	-	-
Income (loss) from discontinued operations (in dollars per share)
-	-	0.00	0.00	-	-0.01	0.00	0.00	0.00	-0.01	-0.01	0.00	-0.01	-0.01	-0.03	-0.03	0.00	-	-0.36	-0.12	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income (loss) (in dollars per share)
0.06	-0.09	-0.06	-0.06	-0.07	-0.79	-0.05	-0.40	-0.32	-0.46	-0.15	-0.05	0.42	0.02	0.06	-0.03	-0.03	-	-0.52	0.11	-	-	-	0.13	-	-	-	0.03	-	-	-	-0.30	-	-	-	-	-	-	-
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING-BASIC (in shares)
16,596	16,441	16,235	16,045	15,786	15,656	15,541	15,420	15,257	15,174	15,094	15,013	14,929	14,902	14,876	14,835	14,758	-	14,707	14,662	-	-	-	14,732	-	-	-	14,421	-	-	-	13,991	-	-	-	107,153	107,108	106,900	106,782
NET INCOME ( LOSS) PER COMMON SHARE—DILUTED:
Loss from continuing operations (in dollars per share)
-	-	-0.06	-0.06	-	-0.78	-0.05	-0.40	-0.32	-0.45	-0.14	-0.05	0.43	0.03	0.08	0.00	-0.02	-	-0.16	0.23	-	-	-	-	-	-	-	0.03	-	-	-	-0.30	-	-	-	-	-	-	-
Income (loss) from discontinued operations (in dollars per share)
-	-	0.00	0.00	-	-0.01	0.00	0.00	0.00	-0.01	-0.01	0.00	-0.01	-0.02	-0.02	-0.03	0.00	-	-0.36	-0.12	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income (loss) (in dollars per share)
0.06	-0.09	-0.06	-0.06	-0.07	-0.79	-0.05	-0.40	-0.32	-0.46	-0.15	-0.05	0.42	0.02	0.06	-0.03	-0.03	-	-0.52	0.11	-	-	-	0.12	-	-	-	0.03	-	-	-	-0.30	-	-	-	-	-	-	-
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING-DILUTED (in shares)
16,733	16,441	16,235	16,045	15,786	15,656	15,541	15,420	15,257	14,908	15,094	15,013	15,194	15,609	15,120	14,835	14,758	-	14,707	14,780	-	-	-	15,180	-	-	-	14,597	-	-	-	13,991	-	-	-	107,153	107,108	106,900	106,782
LOSS FROM CONTINUING OPERATIONS
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-13,200
LOSS FROM DISCONTINUED OPERATIONS, NET OF TAX
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-981
NET LOSS
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-14,181
Loss from continuing operations (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.17	-	-0.07	-	-	-	-0.18	-	-0.32	-	-0.28	-	-0.28	-1.11	-0.60	-0.04	-0.04	-0.07	-0.12
Loss from discontinued operations (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.17	-	-0.05	-	-	-	0.01	-	-0.01	-	-	-	-	0.01	-0.10	0.00	-0.01	-0.01	-0.01
Net loss (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.34	-	-0.12	-	-0.07	-	-0.17	-	-0.33	-	-0.28	-	-0.28	-1.20	-0.60	-0.04	-0.05	-0.08	-0.13
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING - Basic and diluted (in shares)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	14,597	-	14,792	-	14,659	-	14,525	-	14,267	-	14,093	-	13,980	-	11,037	-	-	-	-