Clearfield, inc. (CLFD)
Income statement / Yearly
Sep'19Sep'18Sep'17Sep'16Sep'15Sep'14Sep'13Sep'12Sep'11Sep'10
Net sales

85,034

77,651

73,947

-

-

-

-

-

-

-

Net sales

-

-

-

-

60,323

58,045

53,353

-

-

-

Net sales

-

-

-

75,287

-

-

-

37,473

35,192

24,366

Cost of sales

52,345

46,654

43,683

42,417

35,455

33,446

31,363

22,188

20,534

15,229

Gross profit

32,689

30,996

30,264

32,870

24,867

24,598

21,989

15,285

14,658

9,137

Operating expenses
Selling, general and administrative

27,500

25,925

24,952

22,138

17,816

16,080

14,544

11,010

10,986

8,014

Loss (Gain) on disposal of assets

-

-

-

-

-

-

-

-

44

-

-

-

-

-

-

-

-

-

10,942

8,014

Income from operations

5,188

5,070

5,311

10,731

7,051

8,518

7,444

4,274

3,716

1,123

Interest income

738

457

273

157

105

95

92

102

109

143

Interest expense

-

-

-

-

-

-

-

-

-

0

Other income

-

-

-

-

-

-

-

-

25

36

-

-

-

-

-

-

-

-

135

179

Income before income taxes

5,926

5,527

5,585

10,889

7,157

8,613

7,537

4,376

3,851

1,302

Income tax expense

1,360

1,253

1,737

2,876

2,475

3,180

2,803

-3,324

-2,316

121

Net income

4,566

4,274

3,847

8,013

4,682

5,432

4,733

7,701

6,167

1,180

Net income per share Basic (in dollars per share)

0.34

0.32

0.28

0.60

0.35

0.42

0.38

0.62

0.51

0.10

Net income per share Diluted (in dollars per share)

0.34

0.32

0.28

0.59

0.34

0.40

0.36

0.60

0.48

0.09

Weighted average shares outstanding:
Basic (in shares)

13,442

13,429

13,532

13,372

13,216

12,916

12,527

12,371

12,085

11,992

Diluted (in shares)

13,451

13,452

13,660

13,663

13,587

13,601

-

-

-

12,449

Diluted (in shares)

-

-

-

-

-

-

13,078

12,790

12,749

-