AMERICAS CARMART INC CRMT Income Statement

Americas carmart inc (CRMT)

Income statement / Quarterly

Jan'20	Oct'19	Jul'19	Apr'19	Jan'19	Oct'18	Jul'18	Apr'18	Jan'18	Oct'17	Jul'17	Apr'17	Jan'17	Oct'16	Jul'16	Apr'16	Jan'16	Oct'15	Jul'15	Apr'15	Jan'15	Oct'14	Jul'14	Apr'14	Jan'14	Oct'13	Jul'13	Apr'13	Jan'13	Oct'12	Jul'12	Apr'12	Jan'12	Oct'11	Jul'11	Apr'11	Jan'11	Oct'10	Jul'10
Revenues:
Sales
163,253	167,743	150,074	156,193	139,803	146,411	144,101	150,661	128,166	130,427	128,274	136,032	121,263	133,170	129,684	139,461	121,791	117,670	127,595	123,269	116,406	119,435	113,459	109,190	108,400	107,765	109,149	113,034	106,215	98,194	98,297	102,448	93,957	100,128	90,324	93,871	82,775	82,611	82,602
Interest and other income
23,481	22,567	21,804	20,689	21,251	20,760	19,914	18,790	19,048	18,691	18,144	16,885	17,521	17,040	16,156	15,288	15,672	15,334	15,095	14,342	15,094	14,399	13,917	13,434	14,188	13,666	13,395	12,501	12,707	12,025	11,703	11,033	11,408	10,679	10,200	9,516	9,794	9,224	8,858
Total revenue
186,734	190,310	171,878	176,882	161,054	167,171	164,015	169,451	147,214	149,118	146,418	152,917	138,784	150,210	145,840	154,749	137,463	133,004	142,690	137,611	131,500	133,834	127,376	122,624	122,588	121,431	122,544	125,535	118,922	110,219	110,000	113,481	105,365	110,807	100,524	103,387	92,569	91,835	91,460
Costs and expenses:
Cost of sales
97,504	99,826	88,885	92,624	81,740	85,366	84,168	89,493	74,951	75,623	75,206	79,581	71,836	77,997	75,513	85,501	72,702	71,596	75,087	72,147	66,672	68,156	65,471	63,615	62,092	62,823	62,789	65,654	60,941	56,204	56,185	59,725	54,298	57,807	51,562	54,129	48,154	47,269	46,433
Selling, general and administrative
30,331	28,296	28,671	28,181	26,488	26,198	26,382	25,486	25,945	23,727	23,865	23,464	22,654	22,654	23,168	23,310	23,568	22,239	23,125	21,188	21,139	20,655	20,820	19,713	19,650	19,581	19,647	19,262	18,711	17,351	17,856	17,569	17,175	16,721	16,198	16,804	15,863	14,684	14,790
Provision for credit losses
40,233	41,177	31,475	34,744	35,555	38,521	37,543	38,281	37,872	38,746	34,160	38,630	37,645	39,441	33,381	38,172	32,786	38,094	35,345	30,836	30,206	31,371	27,876	27,645	36,776	28,296	26,530	25,536	25,189	23,647	21,663	19,582	20,899	22,623	18,534	17,970	18,089	18,767	16,138
Loss on prepayment of debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-507	-	-
Interest expense
2,024	2,081	2,004	1,988	2,110	1,981	1,804	1,621	1,482	1,324	1,172	1,029	1,060	1,036	944	923	831	792	760	719	788	721	675	706	779	722	790	781	795	708	653	609	659	575	442	406	449	803	967
Depreciation and amortization
975	971	967	1,020	985	979	985	1,006	1,057	1,108	1,079	1,037	1,059	1,080	1,096	1,152	1,008	1,038	1,010	1,048	935	929	918	878	835	795	777	756	712	696	662	632	594	565	538	522	485	465	456
Loss (gain) on disposal of property and equipment
0	-2	-37	-	100	-12	-	97	-84	-57	-47	-798	-7	1	-400	-323	-27	-19	0	-	0	-20	-	0	-37	2	-41	-	-64	-	-	-	-	-	-	-	-	-	-
Total costs and expenses
171,067	172,353	152,039	158,554	146,778	153,057	150,882	155,790	141,391	140,585	135,529	144,539	134,261	142,207	134,502	149,381	130,922	133,778	135,327	125,935	119,740	121,852	115,760	112,557	120,169	112,215	110,574	111,983	106,412	98,606	97,019	98,208	93,625	98,291	87,274	89,886	83,547	81,988	78,784
Income before taxes
15,667	17,957	19,839	18,328	14,276	14,114	13,133	13,661	5,823	8,533	10,889	8,378	4,523	8,003	11,338	5,368	6,541	-774	7,363	11,676	11,760	11,982	11,616	10,067	2,419	9,216	11,970	13,552	12,510	11,613	12,981	15,273	11,740	12,516	13,250	13,501	9,022	9,847	12,676
Provision for income taxes
2,981	4,070	4,328	3,763	3,381	2,833	2,249	3,492	-7,556	2,564	3,897	3,136	1,687	2,985	4,229	2,005	2,439	-289	2,747	4,426	4,299	4,463	4,356	3,754	949	3,411	4,429	4,763	4,530	4,335	4,863	5,632	4,436	4,756	4,968	5,128	3,334	3,658	4,711
Net income
12,686	13,887	15,511	14,565	10,895	11,281	10,884	10,169	13,379	5,969	6,992	5,242	2,836	5,018	7,109	3,363	4,102	-485	4,616	7,250	7,461	7,519	7,260	6,313	1,470	5,805	7,541	8,789	7,980	7,278	8,118	9,641	7,304	7,760	8,282	8,373	5,688	6,189	7,965
Less: Dividends on mandatorily redeemable preferred stock
10	10	10	10	10	10	10	10	10	10	10	10	10	10	10	10	10	10	10	70	-10	-10	-10	70	-10	-10	-10	70	-10	-10	-10	-70	10	10	10	-70	10	10	10
Net income attributable to common stockholders
12,676	13,877	15,501	14,555	10,885	11,271	10,874	10,159	13,369	5,959	6,982	5,232	2,826	5,008	7,099	3,353	4,092	-495	4,606	7,240	7,451	7,509	7,250	6,303	1,460	5,795	7,531	8,779	7,970	7,268	8,108	9,631	7,294	7,750	8,272	8,363	5,678	6,179	7,955
Earnings per share:
Basic (in dollars per share)
1.92	2.10	2.32	2.17	1.61	1.64	1.57	1.42	1.88	0.82	0.92	0.68	0.36	0.64	0.89	0.41	0.49	-0.06	0.54	0.85	0.87	0.87	0.83	0.73	0.16	0.64	0.83	0.98	0.88	0.80	0.87	1.00	0.76	0.79	0.81	0.78	0.53	0.57	0.71
Diluted (in dollars per share)
1.83	2.00	2.21	2.07	1.55	1.58	1.53	1.39	1.82	0.79	0.90	0.65	0.35	0.62	0.87	0.40	0.47	-0.06	0.52	0.81	0.82	0.83	0.79	0.69	0.16	0.61	0.79	0.93	0.84	0.76	0.83	0.96	0.73	0.77	0.78	0.76	0.52	0.56	0.70
Weighted average number of shares used in calculation:
Basic (in shares)
6,597	6,621	6,684	6,703	6,751	6,865	6,924	6,917	7,106	7,354	7,548	7,741	7,893	7,833	7,948	8,128	8,367	8,471	8,513	8,563	8,587	8,604	8,716	8,767	8,917	9,016	9,020	9,019	9,017	9,105	9,304	9,516	9,610	9,776	10,271	10,571	10,758	10,892	11,223
Diluted (in shares)
6,940	6,952	7,016	7,024	7,003	7,132	7,126	7,096	7,345	7,555	7,768	7,945	8,175	8,136	8,185	8,666	8,615	8,471	8,909	8,994	9,036	9,022	9,143	9,218	9,370	9,484	9,492	9,495	9,451	9,579	9,752	9,966	9,998	10,081	10,579	10,799	10,999	11,117	11,436