CONMED CORPORATION CNMD Income Statement

Conmed corporation (CNMD)

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
Net sales
214,010	264,866	233,590	238,263	218,378	242,443	202,307	212,820	202,064	222,554	190,117	197,154	186,567	204,094	184,792	193,433	181,201	191,017	169,184	181,027	177,940	195,003	174,961	188,150	181,941	203,442	179,255	192,993	187,014	201,244	181,885	189,695	194,316	185,577	172,814	183,236	183,450	172,195	181,086
Cost of sales
94,851	122,890	103,479	107,073	96,940	109,788	91,680	96,549	92,507	98,597	87,570	92,502	86,682	97,135	83,583	91,011	83,461	88,641	75,638	87,529	85,658	90,970	78,547	87,122	79,359	92,047	83,831	90,077	84,332	93,957	83,972	89,963	93,405	89,125	81,503	91,781	87,734	83,212	87,403
Gross profit
119,159	141,976	130,111	131,190	121,438	132,655	110,627	116,271	109,557	123,957	102,547	104,652	99,885	106,959	101,209	102,422	97,740	102,376	93,546	93,498	92,282	104,033	96,414	101,028	102,582	111,395	95,424	102,916	102,682	107,287	97,913	99,732	100,911	96,452	91,311	91,455	95,716	88,983	93,683
Selling and administrative expense
95,867	102,002	98,187	100,726	99,226	96,462	84,983	89,604	84,568	92,403	80,807	83,828	94,761	86,719	79,009	86,729	85,943	82,668	72,056	73,581	74,786	79,839	87,055	78,234	78,364	101,703	73,476	77,174	77,725	79,892	74,064	73,707	74,806	70,325	68,350	67,862	70,078	66,091	71,494
Research and development expense
10,120	12,094	10,985	11,806	10,575	10,370	14,122	9,985	7,711	8,378	8,270	8,041	7,618	7,634	8,353	8,009	8,258	6,741	6,652	7,501	6,542	7,105	6,910	6,854	6,910	6,438	7,108	6,591	5,694	6,850	7,077	7,192	7,095	7,152	7,021	6,797	7,681	7,399	6,441
Medical device excise tax
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,427	1,406	1,580	0	0	0	0	-	-	-	-	-	-
Operating expenses
105,987	114,096	109,172	112,532	109,801	106,832	99,105	99,589	92,279	100,781	89,077	91,869	102,379	94,353	87,362	94,738	94,201	89,409	78,708	81,082	81,328	86,944	93,965	85,088	85,274	95,214	86,619	87,264	86,812	90,271	83,799	82,674	83,889	138,079	75,371	74,757	78,453	73,781	78,905
Income from operations
13,172	27,880	20,939	18,658	11,637	25,823	11,522	16,682	17,278	23,176	13,470	12,783	-2,494	12,606	13,847	7,684	3,539	12,967	14,838	12,416	10,954	17,089	2,449	15,940	17,308	16,181	8,805	15,652	15,870	17,016	14,114	17,058	17,022	-41,627	15,940	16,698	17,263	15,202	14,778
Loss on early extinguishment of debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-37	0	0	-263	0	0	0	0	-	-	-	-	0	79
Amortization of debt discount
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	565	1,131	1,113	1,094	1,059	1,056
Interest expense
9,592	10,319	11,174	11,839	9,369	5,529	5,214	5,091	4,818	4,880	4,806	4,398	4,119	3,911	3,861	3,757	3,830	1,578	1,504	1,489	1,460	1,539	1,540	1,571	1,461	1,482	1,382	1,383	1,366	1,397	1,345	1,551	1,437	1,494	1,670	1,707	1,805	1,749	1,771
Other expense
89	321	321	321	4,225	0	0	0	0	-	-	-	-	0	0	0	2,942	0	0	0	0	-	-	-	-	-	4,608	2,093	1,813	3,529	2,658	1,775	1,988	300	0	98	694	291	970
Income (loss) before income taxes
3,491	17,240	9,444	6,498	-1,957	20,294	6,308	11,591	12,460	18,296	8,664	8,385	-6,613	8,695	9,986	3,927	-3,233	11,389	13,334	10,927	9,494	15,550	909	14,369	15,847	14,699	7,423	14,269	14,241	15,619	12,769	15,507	15,585	-43,686	13,139	13,878	14,364	12,394	11,872
Benefit from income taxes
-2,436	2,306	2,474	803	-2,978	4,641	483	2,872	1,803	-28,400	1,467	2,246	-2,068	1,987	2,649	1,043	-968	3,537	4,461	3,466	3,182	4,211	-1,063	4,114	7,221	4,472	1,736	4,736	3,749	4,722	3,449	5,211	5,617	-18,552	4,928	5,198	5,369	3,636	4,566
Net Income (Loss) Attributable to Parent
5,927	14,934	6,970	5,695	1,021	15,653	5,825	8,719	10,657	46,696	7,197	6,139	-4,545	6,708	7,337	2,884	-2,265	7,852	8,873	7,461	6,312	11,339	1,972	10,255	8,626	10,227	5,687	9,533	10,492	10,897	9,320	10,296	9,968	-25,134	8,211	8,680	8,995	8,758	7,306
Dividends per share of common stock (in dollars per share)
-	-	-	-	-	-	-	-	-	-	0.20	0.20	0.20	-	0.20	0.20	0.20	0.00	0.20	0.20	0.20	0.00	0.20	0.20	0.20	0.00	0.15	0.15	0.15	0.00	0.15	0.15	0.15	0.00	0.00	0.00	0.00	-	-
Other comprehensive income (loss), before tax:
Comprehensive income
-1,121	13,572	4,661	5,751	1,096	12,299	7,136	7,307	13,402	45,269	10,446	10,144	-924	-1	7,901	1,345	787	7,770	3,741	8,630	-3,715	-7,059	-4,173	11,597	9,577	19,611	7,583	7,380	11,374	10,319	10,197	7,687	11,045	-38,998	6,437	10,802	12,024	-	-
Earnings Per Share [Abstract]
Basic (in dollars per share)
0.21	0.52	0.25	0.20	0.04	0.55	0.21	0.31	0.38	1.67	0.26	0.22	-0.16	0.25	0.26	0.10	-0.08	0.28	0.32	0.27	0.23	0.40	0.07	0.38	0.32	0.37	0.21	0.35	0.37	0.38	0.33	0.36	0.36	-0.89	0.29	0.31	0.32	0.31	0.25
Diluted (in dollars per share)
0.20	0.51	0.23	0.19	0.04	0.54	0.20	0.30	0.37	1.65	0.26	0.22	-0.16	0.24	0.26	0.10	-0.08	0.27	0.32	0.27	0.23	0.41	0.07	0.37	0.31	0.37	0.20	0.34	0.37	0.38	0.32	0.36	0.35	-0.87	0.29	0.30	0.31	0.31	0.25
Weighted average common shares:
Weighted Average Number of Shares Outstanding, Basic
28,478	-	28,353	28,276	28,173	-	28,124	28,075	28,008	-	27,924	27,891	27,867	-	27,818	27,776	27,721	-	27,701	27,620	27,573	-	27,454	27,257	27,349	-	27,518	27,591	28,127	-	28,438	28,327	28,029	-	28,348	28,448	28,261	28,425	29
Weighted Average Number of Shares Outstanding, Diluted
29,707	-	29,792	29,337	29,034	-	29,088	28,846	28,573	-	28,183	28,139	27,867	-	27,951	27,941	27,721	-	27,898	27,857	27,820	-	27,688	27,753	27,854	-	27,834	27,983	28,500	-	28,721	28,672	28,484	-	28,546	28,883	28,701	28,521	29