CARTER’S, INC. CRI Income Statement

Carter’s, inc. (CRI)

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	Jul'17	Apr'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	Dec'10	Sep'10	Jun'10	Mar'10	Sep'09	Jun'09
Net sales
654,473	1,100,523	943,322	734,384	741,057	1,086,379	923,907	696,197	755,786	1,027,880	948,046	691,751	732,827	933,562	901,425	639,471	724,085	866,544	849,806	612,765	684,764	869,224	798,936	574,065	651,643	769,655	760,173	517,874	591,009	689,253	668,657	472,162	551,662	606,629	639,617	394,488	469,000	495,270	517,928	327,009	409,049	481,506	326,329
Cost of goods sold
403,373	633,099	541,111	411,388	425,138	618,781	536,457	386,239	423,309	567,043	544,468	388,504	417,135	523,700	525,879	357,289	413,156	503,006	502,267	349,870	400,712	513,192	477,730	328,588	389,918	447,232	450,524	297,629	347,947	399,364	398,580	288,919	356,923	399,592	447,504	259,445	310,915	310,417	325,125	196,758	242,239	295,942	201,619
Inventory, Firm Purchase Commitment, Loss
22,837	-	-	-	52	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gross profit
228,263	467,476	402,211	322,996	315,867	467,598	387,450	309,958	332,477	460,837	403,578	303,247	315,692	409,862	375,546	282,182	310,929	363,538	347,539	262,895	284,052	356,032	321,206	245,477	261,725	322,423	309,649	220,245	243,062	289,889	270,077	183,243	194,739	207,037	192,113	135,043	158,085	184,853	192,803	130,251	166,810	185,564	124,710
Workforce reduction, facility write-down, and closure costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	2,980
Acquisition-related expenses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-
Selling, general, and administrative expenses
269,837	311,975	296,733	268,155	263,652	307,358	294,117	263,343	280,162	325,508	283,480	250,146	247,794	282,624	255,322	228,464	228,996	258,737	230,017	209,296	211,183	251,902	221,939	206,315	210,095	258,841	229,264	195,014	185,361	222,049	185,167	156,290	149,705	161,174	145,842	121,290	113,780	135,953	123,321	104,468	105,295	115,225	99,843
Goodwill impairment
17,742	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Intangible asset impairment
26,500	0	30,800	-	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating (loss) income
-78,478	162,767	83,870	64,476	60,759	170,597	103,557	56,970	60,309	146,392	130,448	64,311	78,456	138,783	130,894	63,243	93,008	116,179	130,221	61,952	84,505	114,010	110,457	47,347	61,531	73,394	91,076	32,738	66,943	78,367	95,392	34,427	53,800	55,045	56,765	22,022	53,634	58,786	79,878	33,423	71,169	80,976	29,359
Interest expense
8,864	8,950	9,966	9,072	9,629	8,779	9,868	7,937	7,985	7,685	8,061	7,194	7,104	6,723	6,779	6,803	6,739	6,497	6,907	6,935	6,692	7,031	6,843	6,882	6,897	6,756	4,133	1,254	1,294	1,485	1,657	1,666	1,957	12,854	-1,699	-1,756	-1,850	17,119	-1,568	-2,662	-2,444	-2,688	-2,708
Interest income
464	366	200	509	228	52	84	225	166	85	41	80	139	110	68	178	207	115	91	157	137	86	45	140	132	146	138	194	191	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other expense (income), net
-4,818	691	-483	-202	211	-889	66	-975	382	-416	815	544	221	-334	36	-516	-3,193	1,302	622	1,900	-1,962	-1,471	-1,311	189	-596	-869	55	-531	-573	-83	190	135	-306	-	-	-	-	-	-	-	-	-	-
Loss on extinguishment of debt
0	0	0	0	-7,823	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Foreign currency gain
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	88	231	0	-	0	0	-	-	-
(Loss) income before income taxes
-91,696	154,874	73,621	55,711	43,746	160,981	93,839	48,283	52,872	138,376	123,243	57,741	71,712	131,836	124,219	56,102	83,283	111,099	124,027	57,074	75,988	105,594	102,348	40,794	54,170	65,915	87,136	31,147	65,267	77,033	93,925	32,896	51,537	53,453	55,154	20,497	51,784	55,590	78,310	30,761	68,725	78,288	26,651
Income tax (benefit) provision
-13,002	29,727	13,369	11,774	9,280	30,420	22,069	11,015	10,403	2,232	40,927	19,948	25,117	45,116	43,408	19,904	29,303	38,500	44,701	20,969	26,196	37,004	36,462	14,897	19,873	23,167	30,565	11,474	23,852	28,341	34,547	12,091	19,262	18,668	20,705	7,838	19,661	20,696	28,653	11,665	25,900	28,882	10,017
Net (loss) income
-78,694	125,147	60,252	43,937	34,466	130,561	71,770	37,268	42,469	136,144	82,316	37,793	46,595	86,720	80,811	36,198	53,980	72,599	79,326	36,105	49,792	68,590	65,886	25,897	34,297	42,748	56,571	19,673	41,415	48,692	59,378	20,805	32,275	34,785	34,449	12,659	32,123	34,894	49,657	19,096	42,825	49,406	16,634
Basic net income per common share (USD per share)
-1.82	2.84	1.35	0.97	0.76	2.85	1.55	0.80	0.90	2.88	1.73	0.78	0.96	1.73	1.62	0.72	1.05	1.40	1.52	0.69	0.94	1.29	1.24	0.48	0.64	0.77	0.98	0.33	0.70	0.82	1.01	0.35	0.55	0.59	0.59	0.22	0.56	0.61	0.84	0.32	0.73	0.86	0.29
Diluted net income per common share (USD per share)
-1.82	2.82	1.34	0.97	0.75	2.83	1.53	0.79	0.89	2.85	1.71	0.77	0.95	1.73	1.60	0.71	1.04	1.37	1.51	0.68	0.94	1.28	1.23	0.48	0.63	0.76	0.97	0.33	0.69	0.81	0.99	0.35	0.54	0.59	0.58	0.22	0.55	0.60	0.83	0.32	0.71	0.84	0.28
Dividend declared per common share (USD per share)
0.60	0.50	0.50	0.50	0.50	0.45	0.45	0.45	0.45	0.37	0.37	0.37	0.37	0.33	0.33	0.33	0.33	0.22	0.22	0.22	0.22	0.19	0.19	0.19	0.19	0.16	0.16	0.16	0.00	-	0.00	0.00	-	-	-	-	-	-	-	-	-	-	-
Dividend paid per common share
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.19	-0.32	0.16	0.16	0.00	-	0.00	0.00	-	-	-	-	-	-	-	-	-	-	-
Royalty [Member]
Net sales
7,338	7,266	9,192	9,635	8,544	10,357	10,224	10,355	7,994	11,063	-	11,210	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Royalty income, net
-	-	9,192	9,635	-	-	10,224	10,355	7,994	-	10,350	11,210	10,558	-	10,670	9,525	11,075	11,378	12,699	8,353	11,636	9,880	11,190	8,185	9,901	9,812	10,691	7,507	9,242	10,527	10,482	7,474	8,766	9,182	10,494	8,269	9,329	9,886	10,396	7,640	9,654	10,637	7,472