CAMBREX CORP CBM Income Statement

Cambrex corp (CBM)

Income statement / TTM

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
Gross sales
603,893	562,069	534,087	514,997	566,080	574,082	561,355	525,936	529,113	516,747	501,314	491,538	469,799	462,282	449,607	433,856	405,754	394,549	386,142	374,150	348,320	345,167	308,823	317,212	284,590	266,439	281,953	277,931	274,676	273,038	263,380	254,475	236,697	235,897	0	0	0
Commissions, allowances and rebates
1,215	1,235	1,096	1,018	1,168	1,153	1,610	1,995	1,936	2,276	2,460	2,369	2,419	2,469	2,001	1,949	2,059	1,948	2,208	2,306	2,254	2,297	1,737	1,351	1,506	1,415	2,131	2,503	2,322	2,278	2,020	1,776	1,718	1,682	0	0	0
Net sales
602,678	560,834	532,991	513,979	564,912	572,929	559,745	523,941	527,177	514,471	498,854	489,169	467,380	459,813	447,606	431,907	403,695	392,601	383,934	371,844	346,066	342,870	307,086	315,861	283,084	265,024	279,822	275,428	272,354	270,760	261,360	252,699	234,979	234,215	0	0	0
Other revenues, net
16,523	14,422	17,461	18,114	15,126	15,110	10,802	10,515	2,868	2,354	2,055	1,475	1,585	2,732	2,936	1,419	2,759	2,174	2,099	2,769	2,268	1,616	2,310	2,315	1,986	1,804	1,336	1,073	1,748	3,287	3,936	2,954	917	743	0	0	0
Net revenue
619,201	575,256	550,452	532,093	580,038	588,039	570,547	534,456	530,045	516,825	500,909	490,644	468,965	462,545	450,542	433,326	406,454	394,775	386,033	374,613	348,334	344,486	309,396	318,176	285,070	266,828	281,158	276,501	274,102	274,047	265,296	255,653	235,896	234,958	0	0	0
Total cost of goods sold
402,273	376,504	349,736	335,405	352,740	346,523	336,264	304,153	299,338	295,459	288,545	286,256	277,646	273,148	263,757	256,361	250,351	245,946	249,734	250,815	235,997	235,589	214,663	215,272	195,021	183,214	188,350	186,014	184,955	185,602	186,239	181,569	167,445	166,403	0	0	0
Gross profit
216,928	198,752	200,716	196,688	227,298	241,516	234,283	230,303	230,707	221,366	212,364	204,388	191,319	189,397	186,785	176,965	156,103	148,829	136,299	123,798	112,337	108,897	94,733	102,904	90,049	83,614	92,808	90,487	89,147	88,445	79,057	74,084	68,451	68,555	0	0	0
Operating expenses:
Selling, general and administrative expenses
97,788	86,719	76,692	68,506	65,343	67,996	70,448	68,984	66,118	63,901	59,388	58,042	58,651	57,690	58,161	57,867	55,573	54,125	54,607	52,489	53,448	52,035	48,097	47,568	44,273	45,055	46,392	45,248	44,959	42,867	40,099	39,227	35,976	34,342	0	0	0
Research and development expenses
14,171	14,935	15,390	15,547	16,254	16,296	16,630	16,901	16,086	15,046	14,704	14,292	14,306	14,785	13,363	12,540	12,160	12,327	13,255	13,075	12,785	11,534	10,668	10,387	9,794	9,553	9,380	9,544	10,087	10,355	10,335	11,037	11,327	11,553	0	0	0
Merger, acquisition and integration expenses
18,437	14,345	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-
Gain on sale of asset
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4,680	4,680	4,680	4,680	0	0	0	0	-	-	-	-	-	-
Restructuring expenses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-
Total operating expenses
126,420	119,072	109,277	95,192	89,324	84,631	87,078	85,885	84,202	80,945	76,090	74,332	88,530	88,048	87,097	85,980	67,733	66,452	67,862	65,564	66,233	63,569	58,765	57,955	54,067	54,608	55,772	54,792	55,046	53,222	50,434	50,264	0	0	0	0	0
Operating profit
90,508	79,680	91,439	101,496	137,974	156,885	147,205	144,418	146,505	140,421	136,274	130,056	102,789	101,349	99,688	90,985	82,434	76,441	62,501	52,298	46,104	45,328	35,968	49,629	40,662	33,686	41,716	35,695	34,101	35,223	28,623	23,820	19,250	20,762	0	0	0
Other expenses/(income):
Interest expense, net
-20,097	-15,238	-9,509	-3,967	-1,086	-698	-1,069	-1,253	-1,351	-1,380	-1,038	-717	-589	-740	-1,168	-1,699	-2,006	-2,059	-2,128	-2,174	-4,196	-4,290	-3,259	-2,242	-4,025	-2,785	-2,595	-2,439	2,536	2,524	2,451	2,373	2,975	3,582	0	0	0
Loss/(gain) on investment in equity securities
1,267	6,953	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Equity in losses of partially-owned affiliates
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-2,262	-2,202	-2,324	-2,039	-1,766	-1,678	-1,545	-1,465	-1,621	-1,164	-667	0	0	0
Other expenses, net
-914	-727	-555	-747	-775	-1,098	-1,203	-1,340	-2,776	-2,273	-2,167	-1,800	262	-105	307	279	241	500	271	5	-469	-437	-478	-118	-37	-104	-82	-122	-256	-198	100	111	219	219	0	0	0
Income before income taxes
67,419	67,788	93,829	109,805	146,870	160,235	144,933	141,825	142,378	136,768	133,069	127,539	102,462	100,504	98,827	89,565	80,318	74,531	56,021	45,506	38,528	37,182	31,440	45,007	36,242	29,165	37,312	31,368	29,631	30,956	24,807	19,937	15,330	16,732	0	0	0
Provision for/(benefit from) income taxes
31,564	13,466	14,342	16,596	14,705	37,609	38,035	38,061	40,914	38,859	39,474	40,214	35,604	35,491	35,174	32,389	12,366	9,573	-9,314	-12,627	-787	475	11,424	14,732	-28,835	-31,659	-30,304	-31,861	7,615	7,867	6,889	6,202	5,908	6,738	0	0	0
Income from continuing operations
35,855	54,322	79,487	93,209	132,165	122,626	106,898	103,764	101,464	97,909	93,595	87,325	66,858	65,013	63,653	57,176	67,952	64,958	65,335	58,133	39,315	36,707	20,016	30,275	65,077	60,824	67,616	63,229	22,016	23,089	17,918	13,735	9,422	9,994	0	0	0
Income/(loss) from discontinued operations, net of tax
930	-354	-718	-791	-700	-594	-255	-1,314	-1,889	-6,412	-6,634	-5,647	-4,750	-376	153	41	-664	-648	-1,021	-830	-998	-3,585	-4,287	-4,360	-4,413	-2,045	-1,183	-926	-2,620	-2,621	-2,621	-2,767	-649	789	0	0	0
Net income
36,785	53,968	78,769	92,418	131,465	122,032	106,643	102,450	99,575	91,497	86,961	81,678	62,108	64,637	63,806	57,217	67,288	64,310	64,314	57,303	38,317	33,122	15,729	25,915	60,664	58,779	66,433	62,303	19,396	20,468	15,297	10,968	8,773	10,783	0	0	0
Basic earnings/(loss) per share of common stock:
Income from continuing operations
0.25	0.47	0.31	0.03	0.80	1.23	0.74	1.23	0.53	0.77	0.65	1.17	0.43	0.65	0.47	0.55	0.38	0.62	0.27	0.91	0.29	0.65	0.04	0.31	0.21	0.10	0.38	1.48	0.07	0.34	0.24	0.10	0.10	0.16	0.10	-0.04	0.12
Income/(loss) from discontinued operations, net of tax
0.03	0.00	0.00	0.00	0.00	-0.01	-0.01	0.00	0.00	0.00	-0.04	-0.01	-0.14	-0.01	-0.01	0.01	-0.01	0.01	-0.01	-0.01	0.00	-0.01	-0.01	-0.01	-0.09	-0.03	-0.01	-0.02	-0.01	0.00	0.00	-0.07	-0.01	0.00	-0.01	-0.01	0.04
Net income
0.28	0.46	0.31	0.03	0.80	1.22	0.73	1.23	0.53	0.77	0.61	1.16	0.29	0.64	0.46	0.56	0.37	0.63	0.26	0.91	0.28	0.64	0.03	0.30	0.12	0.07	0.37	1.46	0.06	0.34	0.24	0.03	0.09	0.16	0.09	-0.05	0.16
Diluted earnings/(loss) per share of common stock:
Income from continuing operations
0.25	0.46	0.31	0.05	0.79	1.21	0.72	1.20	0.52	0.75	0.63	1.15	0.42	0.63	0.45	0.54	0.36	0.60	0.26	0.89	0.28	0.63	0.04	0.31	0.20	0.10	0.37	1.45	0.07	0.33	0.24	0.10	0.10	0.16	0.10	-0.04	0.12
Income/(loss) from discontinued operations, net of tax
0.03	0.00	0.00	-0.01	0.00	-0.01	0.00	-0.01	0.00	0.00	-0.03	-0.01	-0.14	-0.01	-0.01	0.00	0.00	0.01	-0.01	-0.02	0.00	0.00	-0.01	-0.02	-0.08	-0.03	-0.01	-0.02	-0.01	0.00	0.00	-0.07	-0.01	0.00	-0.01	-0.01	0.04
Net income
0.28	0.46	0.31	0.04	0.79	1.20	0.72	1.19	0.52	0.75	0.60	1.14	0.28	0.62	0.44	0.54	0.36	0.61	0.25	0.87	0.28	0.63	0.03	0.29	0.12	0.07	0.36	1.43	0.06	0.33	0.24	0.03	0.09	0.16	0.09	-0.05	0.16
Weighted average shares outstanding:
Basic
33,683	33,657	33,632	-99,252	33,406	33,085	32,894	-97,701	32,749	32,629	32,454	-63,852	32	32,063	31,886	31,667	31,471	31,344	31,198	31,058	30,801	30,647	30,546	30,357	30,184	30,089	29,970	29,876	29,711	29,623	29,602	58,940	29,483	29,419	29	29,373	29,333
Effect of dilutive stock based compensation
225	116	119	-1,768	486	557	727	-2,510	763	840	911	-1,745	0	863	885	1,362	1,122	1,096	960	1,079	798	781	862	451	868	867	818	995	876	289	284	264	45	74	0	0	71
Diluted
33,908	33,773	33,751	-101,020	33,892	33,642	33,621	-100,212	33,512	33,469	33,365	-65,598	32	32,926	32,771	33,029	32,593	32,440	32,158	32,137	31,599	31,428	31,408	30,808	31,052	30,956	30,788	30,871	30,587	29,912	29,886	59,205	29,528	29,493	29	29,373	29,404
Product Sales [Member]
Gross sales
0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total cost of goods sold
0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Service Revenue [Member]
Gross sales
0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total cost of goods sold
0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-