Cubic corp /de/ (CUB)
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'11Dec'10Sep'10Jun'10Mar'10Dec'09
Net sales:
Net sales

1,504,175

1,519,975

1,496,475

1,405,021

1,318,521

1,259,807

1,202,898

1,081,976

1,051,960

1,021,414

1,107,700

864,425

973,481

1,091,465

1,070,601

1,078,848

1,051,414

1,024,224

1,028,899

1,401,494

1,394,045

1,409,703

1,398,352

1,342,762

1,339,631

1,353,748

1,361,407

1,389,886

1,423,802

1,399,023

1,404,084

1,377,850

1,329,495

1,333,554

1,295,581

1,306,556

1,308,887

1,233,481

1,198,192

0

0

0

Costs and expenses:
Selling, general and administrative expenses

285,092

272,993

270,064

286,272

262,372

259,950

258,644

248,616

247,247

238,118

240,196

221,566

233,300

258,430

253,163

247,046

233,541

206,689

195,752

205,767

197,129

192,472

181,672

170,345

167,986

161,041

165,230

169,572

168,193

169,912

164,189

166,170

161,400

156,875

159,791

146,973

142,698

132,862

124,306

0

0

0

Research and development

44,148

46,542

50,132

50,521

51,985

52,433

52,398

53,986

56,953

55,609

52,652

52,609

44,229

37,514

31,976

23,308

20,725

17,222

17,992

16,967

14,978

17,297

17,959

18,921

21,398

23,537

24,445

26,673

28,674

29,648

28,722

28,848

26,702

23,901

25,260

26,440

25,154

23,494

18,976

0

0

0

Amortization of purchased intangibles

45,722

41,624

42,100

39,789

36,225

30,314

27,100

26,311

27,415

28,196

30,200

28,613

31,022

32,256

29,356

23,445

20,385

20,380

19,860

26,581

25,628

23,144

22,602

21,544

20,253

18,509

16,680

15,663

14,951

14,353

14,828

15,431

16,038

16,682

14,681

12,347

9,788

7,186

6,846

0

0

0

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

32,640

32,680

32,510

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Restructuring costs

17,043

15,000

15,400

13,906

7,006

5,505

5,000

4,071

2,797

2,904

2,300

1,243

2,607

2,555

1,278

1,943

380

5,475

5,713

5,409

5,485

0

-

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

Impairment of goodwill

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total costs and expenses

1,447,271

1,439,735

1,410,238

1,349,695

1,287,663

1,224,048

1,178,516

1,065,627

1,052,737

1,026,596

1,105,081

889,837

978,152

1,099,138

1,082,250

1,062,393

1,038,559

979,077

968,496

1,321,548

1,305,177

1,321,864

1,305,862

1,333,595

1,322,774

1,321,692

1,320,672

1,274,356

1,295,575

1,272,249

1,267,879

1,252,697

1,216,154

1,215,526

1,182,073

1,181,279

1,189,072

1,119,439

1,091,559

0

0

0

Operating loss

56,937

80,337

86,237

55,263

30,863

35,684

24,382

16,352

-796

-5,201

2,600

-25,412

-4,671

-7,673

-11,649

16,455

12,855

45,147

60,403

79,946

88,868

87,839

92,490

9,167

16,857

32,056

40,735

115,530

128,227

126,774

136,205

125,153

113,341

118,028

113,508

125,277

119,815

114,042

106,633

0

0

0

Other income (expenses):
Interest and dividend income

7,783

7,503

6,519

4,086

3,155

2,367

1,615

2,129

1,599

1,188

953

960

1,140

1,265

1,416

1,559

1,578

1,677

1,744

1,775

1,936

1,616

1,396

1,255

1,190

1,384

1,576

1,850

2,017

2,669

2,994

3,262

3,055

2,466

2,568

1,965

1,932

2,108

1,590

0

0

0

Interest expense

25,472

21,784

20,453

16,967

13,402

11,782

10,424

10,977

12,767

14,161

15,027

15,998

15,127

13,401

11,199

8,745

6,384

4,867

4,400

4,025

4,404

4,094

4,084

4,097

3,518

3,423

3,427

3,111

2,420

2,107

1,602

1,244

1,384

1,414

1,461

1,628

1,668

1,712

1,755

0

0

0

Loss on extinguishment of debt

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other income (expense), net

-31,393

-15,331

-19,957

-15,875

-10,992

-5,362

-687

-2,219

3,260

833

364

-100

-3,678

-3,056

-2,334

-1,326

347

140

-951

-490

-1,331

-961

-391

593

878

439

887

-493

-630

-455

366

2,219

4,401

3,793

1,662

-3,061

-3,974

1,733

3,637

0

0

0

Loss from continuing operations before income taxes

-8,245

50,708

52,346

26,535

9,617

20,941

14,886

5,303

-8,676

-17,313

-11,082

-43,221

-25,007

-25,536

-26,437

7,943

8,396

42,097

56,796

77,206

85,069

84,400

89,411

6,918

15,407

30,456

39,771

113,776

127,194

126,881

137,963

129,390

119,413

122,873

116,277

122,553

116,105

116,171

110,105

0

0

0

Income tax provision

-1,164

14,789

11,040

2,489

7,087

12,327

7,093

7,561

70,848

16,994

14,658

17,320

-47,200

-16,002

-14,357

-8,518

-12,353

42,503

46,626

41,454

45,887

18,087

19,831

7,305

9,605

11,072

14,502

29,388

33,763

37,245

40,332

39,052

34,417

34,915

32,373

36,735

35,663

37,658

38,011

0

0

0

Loss from continuing operations

-7,081

35,919

41,306

24,046

2,530

8,614

7,793

-93,987

0

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income (loss) from discontinued operations

-539

-2,007

-1,423

-5,662

-80

2,594

4,243

64,643

0

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net loss

-7,620

33,912

39,883

18,384

2,450

11,208

12,036

-29,344

0

0

-

0

-

-

-

-

-

-

22,914

35,752

39,182

66,313

69,580

-387

5,802

19,384

25,269

84,388

93,431

89,636

97,631

90,338

84,996

87,958

83,904

85,818

80,442

78,513

72,094

0

0

0

Less noncontrolling interest in net loss of VIE

-13,595

-1,794

-9,811

-10,851

0

0

-

0

-

-

-

-

-

-

-

-

-

-

29

39

43

58

89

113

127

151

183

204

233

232

204

198

201

234

310

0

0

0

-

-

-

-

Net loss attributable to Cubic

5,975

35,706

49,694

25,747

8,128

15,509

12,310

7,649

-20,599

-18,127

-11,209

-31,857

-5,402

4,281

1,735

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Amounts attributable to Cubic:
Net loss from continuing operations

6,514

37,713

51,117

31,409

8,208

12,915

8,067

-92,106

-51,146

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income (loss) from discontinued operations

-539

-2,007

-1,423

-5,662

-80

2,594

4,243

64,643

17,853

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net loss attributable to Cubic

5,975

35,706

49,694

25,747

8,128

15,509

12,310

-27,463

0

0

-

0

-

-

-

-

-

-

22,885

35,713

39,139

66,255

69,491

-500

5,675

19,233

25,086

84,184

93,198

89,404

97,427

90,140

84,795

87,724

83,594

85,557

80,237

78,392

72,094

0

0

0

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

-1.25

-0.64

1.40

0.77

-0.26

-0.23

0.81

0.03

-0.12

-0.42

-

-2.89

1.54

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Discontinued operations (in dollars per share)

0.01

-0.02

0.00

-0.01

-0.04

0.00

-0.15

0.20

0.05

0.06

-

2.08

-1.53

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

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

-1.25

-0.66

1.39

0.77

-0.30

-0.23

0.65

0.23

-0.07

-0.36

0.49

-0.81

0.02

-0.11

-0.29

0.17

0.38

-0.20

0.74

0.33

-0.41

0.19

1.22

0.46

0.60

0.31

-1.39

0.69

1.11

0.53

0.82

1.02

0.97

0.83

-

-

-

-

-

-

-

-

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

-1.25

-0.64

1.39

0.77

-0.26

-0.23

0.80

0.03

-0.12

-0.42

-

-2.89

1.54

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Discontinued operations (in dollars per share)

0.01

-0.02

0.00

-0.01

-0.04

0.00

-0.15

0.20

0.05

0.06

-

2.08

-1.53

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

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

-1.25

-0.66

1.38

0.77

-0.30

-0.23

0.65

0.23

-0.07

-0.36

0.49

-0.81

0.02

-0.11

-0.29

0.17

0.38

-0.20

0.74

0.33

-0.41

0.19

1.23

0.45

0.60

0.31

-1.39

0.69

1.11

0.53

0.82

1.02

0.97

0.83

-

-

-

-

-

-

-

-

Dividends per common share (in dollars per share)

-

-

-

-

-

-

-

-

0.14

-

-

-

0.14

-

-

-

0.14

-

-

-

0.14

-

-

-

0.12

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

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

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.55

0.82

1.08

0.68

0.62

0.63

1.01

0.44

Basic (in shares)

31,296

31,273

31,178

31,160

31,150

28,492

27,254

27,232

27,223

27,207

27,125

27,110

27,103

27,086

26,990

26,977

26,973

26,964

26,883

26,883

26,862

26,860

26,789

26,789

26,786

26,784

26

26,736

26

26

26

26

26

26

26,736

26,736

26,736

26,736

26,735

26,736

26,736

26,732

Diluted (in shares)

31,296

31,273

31,533

31,249

31,150

28,492

27,600

27,374

27,223

27,207

27,069

27,110

27,159

27,086

26,887

27,058

26,995

26,964

27,045

26,960

26,862

26,885

26,675

26,921

26,901

26,883

26

26,762

26

26

26

26

26

26

26,736

26,736

26,736

26,736

26,735

26,736

26,736

26,732

Products
Net sales

994,200

1,029,400

1,011,100

896,851

820,712

755,457

704,900

684,478

671,860

668,583

681,600

676,646

680,069

681,695

661,904

665,671

628,867

603,583

607,226

571,402

574,289

590,568

583,937

538,293

529,326

549,573

562,310

601,068

667,999

657,854

677,328

677,775

625,217

623,706

600,933

609,031

634,969

613,218

607,756

0

0

0

Costs

758,930

773,495

732,137

621,982

557,084

506,610

472,698

473,282

468,321

460,631

473,670

479,612

467,822

478,864

473,444

490,791

476,387

446,063

451,295

408,363

422,283

442,347

424,682

420,995

403,705

412,665

425,793

431,522

463,583

451,870

466,178

466,888

445,302

444,683

418,279

427,879

446,615

428,132

430,417

0

0

0

Services
Net sales

510,000

490,600

485,400

508,160

497,811

504,352

498,000

397,560

380,150

352,881

426,150

187,779

293,412

409,770

408,697

413,177

422,547

420,641

421,673

830,092

819,756

819,135

814,415

804,469

810,305

804,175

799,097

788,818

755,803

741,169

726,756

700,075

704,278

709,848

694,648

697,525

673,918

620,263

590,436

0

0

0

Costs

328,994

322,786

332,923

369,840

373,017

369,262

362,694

258,920

249,594

240,728

305,653

106,194

199,172

289,519

293,033

275,860

287,141

283,248

277,884

657,618

639,010

645,658

657,853

648,757

656,309

646,936

629,520

624,728

614,090

606,466

593,962

575,360

566,712

573,385

564,062

567,640

564,817

527,765

511,014

0

0

0