Cubic corp /de/ (CUB)
Income statement / Yearly
Sep'19Sep'18Sep'17Sep'16Sep'15Sep'14Sep'13Sep'12Sep'11Sep'10Sep'09
Net sales:
Net sales

1,496,475

1,202,898

1,107,700

1,070,601

1,028,899

1,398,352

1,361,407

1,404,084

1,301,584

1,198,192

1,025,924

Costs and expenses:
Selling, general and administrative expenses

270,064

258,644

240,196

253,163

195,752

181,672

165,230

164,189

159,791

124,306

119,108

Research and development

50,132

52,398

52,652

31,976

17,992

17,959

24,445

28,722

25,260

18,976

8,173

Amortization of purchased intangibles

42,100

27,100

30,200

29,356

19,860

22,602

16,680

14,828

14,681

6,846

6,432

Loss (gain) on sale of property, plant and equipment

32,510

-

-405

-

-

-

-

-

-

-

-

Restructuring costs

15,400

5,000

2,300

1,278

5,713

1,094

8,139

-

-

-

-

Impairment of goodwill

-

-

-

-

-

-

50,865

-

-

-

-

Total costs and expenses

1,410,238

1,178,516

1,105,081

1,082,250

968,496

1,305,862

1,320,672

1,267,879

1,183,001

1,091,559

930,057

Operating loss

86,237

24,382

2,600

-11,649

60,403

92,490

40,735

136,205

118,583

106,633

95,867

Other income (expenses):
Interest and dividend income

6,519

1,615

953

1,416

1,744

1,396

1,576

2,994

2,568

1,590

1,664

Interest expense

20,453

10,424

15,027

11,199

4,400

4,084

3,427

1,602

1,541

1,755

2,031

Pension settlement loss

-

-

-

-2,671

-

-

-

-

-

-

-

Other income (expense), net

-19,957

-687

364

-2,334

-951

-391

887

366

863

3,637

661

Loss from continuing operations before income taxes

52,346

14,886

-11,082

-26,437

56,796

89,411

39,771

137,963

120,473

110,105

96,161

Income tax provision

11,040

7,093

14,658

-14,357

46,626

19,831

14,502

40,332

34,119

38,011

33,016

Loss from continuing operations

41,306

7,793

-25,740

-12,080

-

-

-

-

-

-

-

Net income (loss) from discontinued operations

-1,423

4,243

14,531

13,815

-

-

-

-

-

-

-

Net loss

39,883

12,036

-11,209

1,735

22,914

69,580

25,269

97,631

86,354

72,094

63,145

Less noncontrolling interest in net loss of VIE

-9,811

-274

-

-

29

89

183

204

310

-

-

Net loss attributable to Cubic

49,694

12,310

-11,209

1,735

22,885

-

-

-

-

-

-

Amounts attributable to Cubic:
Net loss from continuing operations

51,117

8,067

-25,740

-12,080

10,170

-

-

-

-

-

-

Net income (loss) from discontinued operations

-1,423

4,243

14,531

13,815

12,744

-

-

-

-

-

-

Net loss attributable to Cubic

49,694

12,310

-11,209

1,735

22,885

69,491

25,086

97,427

86,044

72,094

63,145

Net loss per share:
Basic
Continuing operations attributable to Cubic (in dollars per share)

1.68

0.30

-0.95

-0.45

0.38

-

-

-

-

-

-

Discontinued operations (in dollars per share)

-0.05

0.16

0.54

0.51

0.47

-

-

-

-

-

-

Basic earnings per share attributable to Cubic (in dollars per share)

1.63

0.45

-0.41

0.06

0.85

2.59

0.94

3.64

3.22

-

-

Diluted
Continuing operations attributable to Cubic (in dollars per share)

1.67

0.29

-0.95

-0.45

0.38

-

-

-

-

-

-

Discontinued operations (in dollars per share)

-0.05

0.16

0.54

0.51

0.47

-

-

-

-

-

-

Diluted earnings per share attributable to Cubic (in dollars per share)

1.62

0.45

-0.41

0.06

0.85

2.59

0.94

3.64

3.22

-

-

Weighted average shares used in per share calculations:
Basic and diluted net income per common share (in dollars per share)

-

-

-

-

-

-

-

-

-

2.70

2.36

Basic (in shares)

30,495

27,229

27,106

26,976

26,872

26,787

26,736

26,736

26,736

26,735

26,731

Diluted (in shares)

30,606

27,351

27,106

26,976

26,938

26,845

26,760

26,736

26,736

26,735

26,731

Products
Net sales

1,011,100

704,900

681,600

661,904

607,226

583,937

562,310

677,328

601,093

607,756

508,167

Costs

732,137

472,698

473,670

473,444

451,295

424,682

425,793

466,178

418,504

430,417

378,052

Services
Net sales

485,400

498,000

426,150

408,697

421,673

814,415

799,097

726,756

700,491

590,436

517,757

Costs

332,923

362,694

305,653

293,033

277,884

657,853

629,520

593,962

564,765

511,014

418,292