Cts corporation (CTS)
Income statement / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Sep'10Jun'10
Income Statement
Revenues

454,449

468,999

474,033

477,241

474,578

470,483

461,320

448,704

436,369

422,993

413,667

407,121

400,128

396,679

388,377

379,326

380,704

382,310

389,406

398,717

401,626

404,021

406,029

409,704

412,105

409,461

172,936

206,661

255,574

304,481

273,970

282,683

275,308

279,857

583,869

576,650

0

0

0

Cost of goods sold

304,590

311,424

312,512

310,695

307,423

305,510

306,117

298,045

291,729

282,562

270,249

264,600

258,944

256,251

253,657

249,801

252,263

255,201

259,425

267,683

270,142

274,058

278,926

283,099

286,923

288,108

64,814

103,946

159,321

212,965

194,654

202,501

193,196

190,634

469,412

459,313

0

0

0

Gross margin

149,859

157,575

161,521

166,546

167,155

164,973

155,203

150,659

144,640

140,431

143,418

142,521

141,184

140,428

134,720

129,525

128,441

127,109

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Insurance recovery for business interruption

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

637

0

0

0

-

0

-

-

-

-

Selling, general and administrative expenses

69,645

70,408

70,458

71,134

73,719

73,569

80,415

77,880

74,067

71,943

61,911

62,044

62,000

61,624

62,646

59,287

58,747

59,586

61,322

62,532

63,121

61,051

60,680

64,610

65,954

69,989

57,564

59,122

61,343

63,071

57,533

56,489

55,168

54,136

71,884

71,824

0

0

0

Research and development expenses

26,584

25,967

25,658

25,369

25,588

25,304

26,214

26,077

25,650

25,146

24,058

23,962

23,880

24,040

24,497

23,905

23,425

22,461

22,176

22,291

22,136

22,563

22,246

22,157

22,596

23,222

23,069

21,701

21,061

20,918

20,798

21,611

21,070

19,990

19,868

19,021

0

0

0

Restructuring charges

5,604

7,448

7,035

5,690

5,951

5,062

4,562

5,000

4,557

4,139

3,814

4,348

3,825

3,048

11,510

11,914

13,826

14,564

6,364

5,561

6,176

5,941

7,154

6,485

10,781

10,455

8,352

10,590

0

-

0

0

-

-

-

0

-

-

-

Non-recurring environmental expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Insurance recovery for property damage - Casualties

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

-

-

-

-

(Gain) loss on sale of assets

-

-

0

0

-

-

0

0

-

-

0

-

-

11,450

11,729

0

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating earnings

48,089

53,815

58,442

64,436

61,897

61,038

44,001

40,994

39,658

38,495

52,658

52,037

62,926

63,166

49,956

33,616

20,061

18,113

27,490

42,563

41,966

42,323

37,023

33,353

25,851

17,687

13,289

12,540

15,810

15,061

9,117

10,067

8,881

12,708

25,811

25,798

0

0

0

Other (expense) income:
Interest expense

3,033

2,648

2,229

1,906

2,010

2,085

2,735

3,019

3,200

3,343

3,165

3,309

3,566

3,702

3,419

3,216

2,860

2,628

2,518

2,372

2,301

2,326

2,245

2,495

2,971

3,264

3,482

3,248

2,816

2,569

2,423

2,388

2,273

2,106

1,806

1,485

0

0

0

Interest income

1,636

1,737

1,855

1,744

1,776

1,826

1,737

1,687

1,513

1,284

1,138

978

1,011

1,305

1,800

2,310

2,832

3,073

3,181

3,175

3,010

2,786

2,560

2,294

2,052

1,901

1,679

1,663

1,684

1,720

1,765

1,699

1,508

1,255

936

658

0

0

0

Gain (Loss) on Disposition of Assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other (expense) income, net

-4,716

-2,638

-3,766

-2,817

-4,584

-2,676

-1,628

1,317

5,361

3,817

848

-456

-2,866

-3,524

-3,142

-6,168

-4,811

-6,297

-6,456

-2,822

-3,348

-3,435

-260

-332

475

1,739

316

589

-850

232

-1,052

-1,880

-96

459

3,546

3,274

0

0

0

Total other (expense) income. net

-6,113

-3,549

-4,140

-2,979

-4,818

-2,935

-2,626

-15

3,674

1,758

-1,179

-2,787

-5,421

-5,921

-4,761

-7,074

-4,839

-5,852

-5,793

-2,019

-2,639

-2,975

55

-533

-444

376

-1,487

-996

-1,982

-617

-1,710

-2,569

-861

-392

2,676

2,447

0

0

0

Earnings before income taxes

41,976

50,266

54,302

61,457

57,079

58,103

41,375

40,979

43,332

40,253

51,479

49,250

57,505

57,245

45,195

26,542

15,222

12,261

21,697

40,544

39,327

39,348

37,078

32,820

25,407

18,063

11,802

11,544

13,828

14,444

7,407

7,498

8,020

12,316

28,487

28,245

0

0

0

Income tax expense

13,441

14,120

10,654

10,320

10,676

11,571

26,028

26,224

25,820

25,805

15,100

18,770

22,504

22,865

32,778

22,605

6,692

5,307

-5,874

96

11,598

12,826

13,372

12,116

21,317

16,066

11,962

10,902

-368

952

-246

-101

-410

1,053

6,461

6,190

0

0

0

Earnings from continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,997

0

0

0

-

-

-

-

-

-

-

-

-

-

Discontinued operations
Earnings from discontinued operations, net of tax

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

Net Income (Loss) Attributable to Parent

28,535

36,146

43,648

51,137

46,403

46,532

15,347

14,755

17,512

14,448

36,379

30,480

35,001

34,380

12,417

3,937

8,530

6,954

27,571

40,448

27,729

26,522

16,577

15,279

-2,417

-3,929

7,884

6,982

21,618

20,333

17,357

17,303

18,134

20,967

22,026

22,055

0

0

0

Earnings per share:
Basic
Continuing operations (usd per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.12

0.16

-0.31

0.09

-

-

-

-

-

-

-

-

-

-

Discontinued operations (usd per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.21

0.04

-0.03

0.02

-

-

-

-

-

-

-

-

-

-

Basic (in dollars per share)

0.12

0.32

0.08

0.36

0.35

0.53

0.31

0.22

0.35

-0.41

0.29

0.30

0.26

0.50

0.11

0.44

0.00

0.16

-0.15

0.01

0.19

0.21

0.24

0.19

0.15

-0.09

0.20

-0.34

0.11

0.26

0.17

0.10

0.07

0.17

0.17

0.12

0.15

0.20

0.17

Diluted
Continuing operations (usd per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.12

0.16

-0.31

0.09

-

-

-

-

-

-

-

-

-

-

Discontinued operations (usd per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.21

0.05

-0.03

0.01

-

-

-

-

-

-

-

-

-

-

Diluted (in dollars per share)

0.12

0.31

0.08

0.36

0.34

0.54

0.30

0.21

0.34

-0.41

0.29

0.30

0.25

0.48

0.11

0.44

0.00

0.16

-0.15

0.01

0.19

0.20

0.24

0.19

0.15

-0.09

0.21

-0.34

0.10

0.25

0.17

0.10

0.07

0.16

0.17

0.12

0.15

0.20

0.17

Average common shares outstanding:
Basic weighted - average common shares outstanding (in shares):

32,466

32,552

32,642

32,799

32,807

32,983

33,087

33,051

32,975

32,941

32,935

32,890

32,802

32,762

32,759

32,759

32,632

32,575

32,770

33,080

33,411

33,424

33,599

33,741

33,708

33,596

33,696

33,589

33,523

33,637

33,923

34,022

34,106

-

34,375

34,375

34,293

34,181

34,048

Effect of dilutive securities (in shares)

327

326

425

406

463

565

562

513

540

635

456

461

560

758

495

466

373

1,105

0

471

524

501

508

467

572

-

635

-

-

-

-

-

-

-

-

-

-

-

-

Diluted weighted - average common shares outstanding (in shares)

32,793

32,878

33,067

33,205

33,270

33,548

33,649

33,564

33,515

33,576

33,391

33,351

33,362

33,520

33,254

33,225

33,005

33,680

32,770

33,551

33,935

33,925

34,107

34,208

34,280

34,900

34,331

33,589

34,176

34,329

34,471

34,574

34,718

-

34,994

35,025

35,075

34,827

34,874

Cash dividends declared per share (in dollars per share)

0.04

-

0.04

0.04

0.04

-

0.04

0.04

0.04

-

0.04

0.04

0.04

-

0.04

0.04

0.04

0.07

0.04

0.00

0.04

0.04

0.04

0.04

0.04

0.04

0.03

0.03

0.03

0.03

0.03

0.03

0.03

-

0.03

0.03

0.03

0.03

0.03