| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 |
|---|---|---|---|---|---|---|---|---|---|
Net sales | |||||||||
341,869 | 337,339 | 345,051 | 417,011 | - | - | - | - | - | - |
Net sales | |||||||||
- | - | - | - | 367,422 | 263,217 | 197,317 | 135,052 | 139,192 | 140,602 |
Cost of sales | |||||||||
227,770 | 225,802 | 231,857 | 282,152 | 258,251 | 178,394 | 135,762 | - | - | - |
Cost of sales | |||||||||
- | - | - | - | - | - | - | 92,609 | 101,024 | 107,949 |
Gross profit | |||||||||
114,099 | 111,537 | 113,194 | 134,859 | 109,171 | 84,823 | 61,555 | 42,443 | 38,168 | 32,653 |
Selling and administrative expenses | |||||||||
85,978 | 87,462 | 88,975 | 81,743 | 67,329 | 51,440 | 37,098 | 25,429 | 25,359 | 27,512 |
Amortization and earnout expenses | |||||||||
8,499 | 9,683 | 7,132 | 20,231 | 25,613 | 10,151 | 6,761 | 331 | - | - |
Restructuring expenses | |||||||||
1,097 | - | 1,895 | - | - | - | - | - | - | - |
Acquisition and integration expenses | |||||||||
465 | - | - | 524 | 7,940 | 1,269 | 7,224 | - | - | - |
Loss on divestitures, net of selling costs | |||||||||
-70 | -4,390 | - | - | - | - | - | - | - | - |
Intangible asset and goodwill impairment | |||||||||
- | - | 7,168 | 57,923 | 3,340 | - | - | - | - | - |
Amortization and earn out expenses | |||||||||
- | - | - | - | - | - | - | - | 441 | 501 |
Legal reserves | |||||||||
- | - | - | - | - | 300 | 3,500 | - | - | - |
Gain on sale of operating property and equipment | |||||||||
- | - | - | - | - | - | - | - | - | 396 |
Income from operations | |||||||||
17,990 | 10,002 | 8,024 | -25,562 | 4,949 | 21,663 | 6,972 | 16,683 | 12,368 | 5,036 |
Other income (expense), net | |||||||||
751 | -365 | 106 | 310 | -2,081 | -2,311 | 982 | -152 | 452 | -135 |
Interest expense | |||||||||
5,397 | 7,140 | 6,721 | 7,712 | 5,964 | 3,138 | 1,499 | 1,168 | 1,137 | 1,225 |
Income before income taxes | |||||||||
13,344 | 2,497 | 1,409 | -32,964 | -3,096 | 16,214 | 6,455 | - | - | - |
Income before income taxes | |||||||||
- | - | - | - | - | - | - | 15,363 | 11,683 | 3,676 |
Income tax expense | |||||||||
-4,363 | 9,618 | 4,438 | 5,290 | 2,638 | 3,137 | -102 | 4,513 | 3,411 | 1,371 |
Net income | |||||||||
17,707 | -7,121 | -3,029 | -38,254 | -5,734 | 13,077 | 6,557 | - | - | - |
Net loss attributable to noncontrolling interest | |||||||||
- | - | - | -36 | -132 | - | - | - | - | - |
Income from continuing operations | |||||||||
- | - | - | - | - | - | - | - | - | 2,305 |
Loss from discontinued operations, net of income tax | |||||||||
- | - | - | - | - | - | - | - | - | -200 |
Net loss attributable to CECO Environmental Corp. | |||||||||
- | - | - | -38,218 | -5,602 | 13,077 | 6,557 | 10,850 | 8,272 | 2,105 |
Earnings per share: | |||||||||
Basic income from continuing operations | |||||||||
- | - | - | - | - | - | - | - | - | 0.16 |
Basic loss from discontinued operations | |||||||||
- | - | - | - | - | - | - | - | - | -0.01 |
Basic | |||||||||
0.51 | -0.21 | -0.09 | -1.12 | -0.19 | 0.51 | 0.33 | 0.73 | 0.58 | 0.15 |
Diluted income from continuing operations | |||||||||
- | - | - | - | - | - | - | - | - | 0.16 |
Diluted loss from discontinued operations | |||||||||
- | - | - | - | - | - | - | - | - | -0.01 |
Diluted | |||||||||
0.50 | -0.21 | -0.09 | -1.12 | -0.19 | 0.50 | 0.32 | 0.65 | 0.51 | 0.15 |
Weighted average number of common shares outstanding: | |||||||||
Basic | |||||||||
34,987 | 34,714 | 34,445 | 33,979 | 28,791 | 25,750 | 20,116 | 14,813 | 14,386 | 14,308 |
Diluted | |||||||||
35,484 | 34,714 | 34,445 | 33,979 | 28,791 | 26,196 | 20,719 | 17,246 | 17,115 | 17,102 |