DAKTRONICS INC /SD/ DAKT Income Statement

Daktronics inc /sd/ (DAKT)

Income statement / Quarterly

Feb'20	Nov'19	Aug'19	Apr'19	Jan'19	Oct'18	Oct'18	Jul'18	Jul'18	Apr'18	Apr'18	Jan'18	Jan'18	Oct'17	Jul'17	Apr'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
Net sales
127,657	174,911	180,256	127,755	115,069	-	172,692	-	154,188	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net sales
-	-	-	-	-	172,692	-	154,188	-	138,177	-	130,316	130,316	169,309	172,728	143,682	-	115,719	169,992	157,146	138,463	123,816	157,668	150,221	158,086	118,123	173,115	166,618	136,240	115,369	161,639	138,722	124,482	111,050	149,871	132,919	111,993	122,925	135,910	118,698	114,386	99,868	126,919	100,503
Cost of sales
103,175	134,824	134,751	103,334	90,200	129,935	129,935	115,941	115,941	-	108,325	101,749	101,749	126,705	128,082	-	109,958	92,403	125,684	118,079	110,487	101,787	122,155	114,720	122,849	93,061	132,238	123,215	102,485	86,280	118,274	103,221	96,379	84,001	107,519	96,529	87,388	95,070	104,440	89,191	85,949	76,226	94,102	73,915
Gross profit
24,482	40,087	45,505	24,421	24,869	42,757	42,757	38,247	38,247	-	29,852	28,567	28,567	42,604	44,646	-	33,724	23,316	44,308	39,067	27,976	22,029	35,513	35,501	35,237	25,062	40,877	43,403	33,755	29,089	43,365	35,501	28,103	27,049	42,352	36,390	24,605	27,855	31,470	29,507	28,437	23,642	32,817	26,588
Operating expenses:
Selling
16,552	16,177	18,297	16,608	15,537	16,125	16,125	16,378	16,378	-	17,200	15,271	15,271	15,350	14,939	-	15,859	14,678	15,891	15,259	15,939	13,784	14,825	14,264	14,558	13,694	14,665	15,046	13,685	13,188	13,304	13,617	13,231	13,652	12,796	13,080	13,757	13,341	12,926	12,209	12,469	12,148	12,600	12,338
General and administrative
8,640	8,965	9,093	9,132	8,574	8,574	8,574	8,537	8,537	-	8,781	8,335	8,335	8,868	8,935	-	8,219	8,599	8,625	8,783	8,607	7,908	8,116	8,170	7,789	7,133	7,820	7,937	7,196	6,685	6,804	7,299	7,256	6,717	6,850	6,581	7,012	6,974	6,972	6,464	6,194	6,047	5,624	5,588
Product design and development
8,442	10,121	10,500	8,946	8,280	9,039	9,039	9,292	9,292	-	9,236	8,299	8,299	8,948	9,047	-	7,939	6,973	7,126	7,043	7,085	5,883	6,975	6,968	5,879	5,820	6,150	6,803	6,045	5,649	5,692	5,989	5,654	5,611	5,845	6,021	6,457	5,696	5,636	5,718	5,162	4,673	4,561	4,553
Total operating expenses
33,634	35,263	37,890	34,686	32,391	33,738	33,738	34,207	34,207	-	35,217	31,905	31,905	33,166	32,921	-	32,017	30,250	31,642	31,085	31,631	27,575	29,916	29,402	28,226	26,647	28,635	29,786	26,926	25,522	25,800	26,905	26,141	25,980	25,491	25,682	27,226	26,011	25,534	24,391	23,825	22,868	22,785	22,479
Operating (loss) income
-9,152	4,824	7,615	-10,265	-7,522	9,019	9,019	4,040	4,040	-	-5,365	-3,338	-3,338	9,438	11,725	-	1,707	-6,934	12,666	7,982	-3,655	-5,546	5,597	6,099	7,011	-1,585	12,242	13,617	6,829	3,567	17,565	8,596	1,962	1,069	16,861	10,708	-2,621	1,844	5,936	5,116	4,612	774	10,032	4,109
Nonoperating (expense) income:
Interest income
233	162	269	318	328	188	188	197	197	-	203	158	158	151	211	-	192	183	171	205	193	230	266	298	294	250	275	300	349	290	312	343	358	386	348	431	421	434	457	435	539	544	383	455
Interest expense
-13	31	35	74	45	2	2	39	39	-	44	40	40	47	86	-	56	56	76	42	25	113	28	62	40	59	56	68	66	62	12	115	204	28	36	87	103	61	95	76	66	41	41	36
Other income (expense), net
-331	-514	193	-664	-203	-66	-66	-154	-154	-	-108	-487	-487	-87	145	-	-104	-305	149	-94	539	7	-231	-443	-280	179	-225	-172	-4	-237	278	-392	-616	-193	150	-180	112	-29	-47	-146	58	557	167	95
(Loss) income before income taxes
-9,237	4,441	8,042	-10,685	-7,442	9,139	9,139	4,044	4,044	-	-5,314	-3,707	-3,707	9,455	11,995	-	1,739	-7,112	12,910	8,051	-2,948	-5,422	5,604	5,892	6,985	-1,215	12,236	13,677	7,108	3,558	18,143	8,432	1,500	1,234	17,323	10,872	-2,191	2,188	6,251	5,329	5,143	1,834	10,541	4,623
Income tax expense (benefit)
3,497	-2,833	1,012	134	-4,123	533	533	-530	-530	-	-1,504	2,482	2,482	2,323	3,566	-	830	-1,985	3,889	2,512	-18	-3,469	2,436	2,116	3,146	-1,776	4,499	4,932	5,283	687	6,353	2,712	-344	-1,476	5,776	4,194	-1,687	522	2,292	1,961	2,179	3	3,534	2,181
Net Income (Loss) Attributable to Parent
-12,734	7,274	7,030	-10,819	-3,319	8,606	8,606	4,574	4,574	-	-3,810	-6,189	-6,189	7,132	8,429	-	909	-5,127	9,021	5,539	-2,930	-1,953	3,168	3,776	3,839	561	7,737	8,745	1,825	2,871	11,790	5,720	1,844	2,710	11,547	6,678	-504	1,666	3,959	3,368	2,964	1,831	7,007	2,442
Weighted average shares outstanding:
Basic (in shares)
45,189	45,115	45,089	45,268	45,018	44,780	44,780	44,638	44,638	-	44,654	44,518	44,518	44,412	44,244	-	44,287	44,102	43,988	44,079	44,208	44,021	43,934	43,797	43,778	43,612	43,405	43,261	43,268	43,039	42,709	42,528	42,546	42,343	42,163	42,068	42,043	41,916	41,792	41,725	41,138	41,534	41,387	41,629
Diluted (in shares)
45,189	45,267	45,261	44,905	45,018	44,950	44,950	44,831	44,831	-	45,834	44,518	44,518	44,679	44,461	-	44,871	44,102	44,098	44,141	45,617	44,021	44,113	44,073	46,342	43,991	43,798	43,641	45,667	43,613	43,002	42,766	43,488	42,539	42,316	42,141	43,265	42,076	41,934	41,941	43,399	42,201	41,647	41,861
Earnings Per Share [Abstract]
Basic (in dollars per share)
-0.28	0.16	0.16	-0.24	-0.07	0.19	0.19	0.10	0.10	-	-0.08	-0.14	-0.14	0.16	0.19	-	0.01	-0.12	0.21	0.13	-0.07	-0.04	0.07	0.09	0.09	0.01	0.18	0.20	0.04	0.07	0.28	0.13	0.05	0.06	0.27	0.16	-0.01	0.04	0.09	0.08	0.07	0.04	0.17	0.06
Diluted (in dollars per share)
-0.28	0.16	0.16	-0.24	-0.07	0.19	0.19	0.10	0.10	-	-0.09	-0.14	-0.14	0.16	0.19	-	0.02	-0.12	0.20	0.13	-0.07	-0.04	0.07	0.09	0.08	0.01	0.18	0.20	0.04	0.07	0.27	0.13	0.04	0.06	0.27	0.16	-0.01	0.04	0.09	0.08	0.07	0.04	0.17	0.06
Cash dividend declared per share (in dollars per share)
-	-	-	-	-	-	-	0.07	-	-	-	0.07	-	-	0.07	-	-	0.07	0.07	0.10	-	0.10	0.10	0.10	0.10	0.10	0.10	0.10	0.09	0.09	0.09	0.12	0.00	0.61	0.00	0.11	0.00	0.51	0.00	0.11	0.00	0.00	0.50	0.10