AMCON DISTRIBUTING CO DIT Income Statement

Amcon distributing co (DIT)

Income statement / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Jun'10
Sales (including excise taxes of $87.5 million and $82.9 million and $181.5 million and $175.9 million, respectively)
337,886	360,101	366,956	369,981	310,715	344,733	362,542	349,043	295,207	315,513	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cost of sales
317,193	339,256	344,680	349,455	290,126	324,101	339,982	329,930	278,141	297,321	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Sales (including excise taxes of $96.2 million and $95.1 million, and $267.9 million and $271.8 million, respectively)
-	-	-	-	-	-	-	-	-	-	-	332,842	294,047	310,104	342,769	333,398	296,449	322,008	344,522	334,456	287,443	315,433	336,060	322,647	272,421	305,625	318,234	316,031	274,568	302,218	307,662	307,112	275,829	283,563	316,243	263,828	216,603	244,957	267,062
Cost of sales
-	-	-	-	-	-	-	-	-	-	-	314,818	276,573	291,788	323,664	314,235	278,908	303,046	324,711	314,957	269,710	295,906	316,109	303,353	254,801	285,984	298,215	296,220	256,271	282,988	286,355	287,211	256,612	264,925	294,274	245,610	200,233	227,349	247,932
Gross profit
20,693	20,844	22,275	20,525	20,589	20,632	22,560	19,113	17,066	18,191	18,634	18,023	17,473	18,315	19,104	19,163	17,540	18,961	19,810	19,498	17,733	19,526	19,950	19,294	17,619	19,641	20,019	19,810	18,297	19,229	21,307	19,901	19,216	18,637	21,969	18,218	16,369	17,607	19,129
Selling, general and administrative expenses
18,512	18,952	18,320	18,513	17,391	17,957	17,799	17,008	15,619	16,353	16,068	16,587	15,820	15,698	15,781	15,335	14,770	15,845	15,696	15,405	15,485	16,181	16,124	16,295	15,812	16,492	16,528	16,065	15,438	15,848	16,153	15,845	15,901	15,350	15,996	13,781	12,909	13,687	14,070
Depreciation and amortization
790	725	748	620	641	608	634	614	537	531	518	474	529	526	507	512	575	566	554	542	590	576	575	557	628	624	620	598	599	593	612	552	613	613	710	519	507	497	440
Total operating expenses
19,303	19,678	21,942	19,133	18,032	18,565	20,347	17,623	16,157	16,884	16,586	17,061	16,350	16,224	16,289	15,848	15,346	16,412	16,251	15,947	16,076	16,757	16,700	16,852	16,441	17,116	17,149	16,663	16,037	16,442	16,765	16,398	16,515	15,963	16,707	14,300	13,416	14,184	14,510
Operating income
1,389	1,166	333	1,392	2,556	2,066	2,212	1,489	908	1,307	2,048	961	1,123	2,091	2,814	3,315	2,194	2,549	3,558	3,550	1,656	2,769	3,250	2,441	1,178	2,524	2,870	3,147	2,259	2,787	4,541	3,502	2,700	2,674	5,262	3,917	2,952	3,422	4,618
Other expense (income):
Interest expense
387	472	497	381	396	322	417	261	313	202	279	180	147	217	160	188	161	212	167	242	194	237	181	228	222	301	233	309	248	316	253	361	319	424	412	372	263	384	370
Other (income), net
29	6	6	15	36	3	2	18	27	5	2	16	14	5	6	35	35	27	5	20	35	7	23	37	38	30	51	49	114	61	47	47	93	151	83	73	45	22	32
Total other expenses (income)
-357	-465	-491	-366	-360	-319	-414	-242	-285	-197	-277	-163	-132	-211	-154	-153	-125	-185	-162	-221	-158	-230	-158	-191	-183	-271	-182	-259	-134	-254	-205	-313	-225	-272	-926	298	-218	-361	-338
Income from operations before income taxes
1,032	700	-158	1,026	2,196	1,747	1,798	1,247	622	1,110	1,770	798	990	1,879	2,660	3,161	2,068	2,364	3,395	3,329	1,498	2,539	3,092	2,250	995	2,252	2,688	2,887	2,124	2,532	4,335	3,189	2,474	2,401	4,932	3,618	2,733	3,061	4,280
Income tax expense
333	249	73	361	673	502	788	462	284	-370	741	413	502	833	1,034	1,310	922	1,009	1,346	1,333	729	993	1,213	990	464	965	1,139	1,255	911	1,070	1,717	1,343	1,010	963	2,113	1,791	1,149	1,229	1,532
Net income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,626	1,851	1,146	1,355	2,049	1,996	769	1,546	1,879	1,260	531	1,287	1,549	1,632	1,213	1,462	2,618	1,846	1,464	1,438	2,819	1,827	1,584	1,832	-
Net income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,748
Preferred stock dividend requirements
-	-	-	-	-	-	-	-	-	-	-	-	-	-	13	48	48	49	49	48	48	49	49	48	48	49	49	48	48	59	67	66	66	67	67	70	73	74	74
Net income available to common shareholders
699	451	-231	665	1,523	1,245	1,010	785	338	1,480	1,029	385	488	1,046	1,612	1,803	1,097	1,306	2,000	1,947	721	1,496	1,830	1,211	483	1,238	1,500	1,583	1,165	1,403	2,550	1,779	1,397	1,370	2,751	1,757	1,511	1,757	2,674
Basic earnings per share available to common shareholders (in dollars per share)
1.24	0.80	-0.27	1.12	2.49	2.02	1.62	1.21	0.49	2.15	1.51	0.57	0.72	1.54	2.44	3.03	1.81	2.09	3.19	3.16	1.17	2.44	3.03	2.00	0.79	1.99	2.41	2.54	1.87	2.26	4.17	2.92	2.26	2.21	4.56	2.93	2.56	3.04	4.72
Diluted earnings per share available to common shareholders (in dollars per share)
1.22	0.80	-0.29	1.10	2.45	1.99	1.58	1.18	0.49	2.13	1.47	0.56	0.71	1.52	2.30	2.62	1.61	1.85	2.75	2.69	1.04	2.11	2.57	1.73	0.72	1.73	2.07	2.19	1.63	1.90	3.33	2.37	1.87	1.83	3.62	2.36	2.05	2.41	3.67
Basic weighted average shares outstanding (in shares)
565	562	569	592	611	617	615	651	689	687	678	678	678	681	658	596	606	625	632	615	615	612	602	605	611	622	623	623	623	622	608	608	619	619	609	599	589	578	566
Diluted weighted average shares outstanding (in shares)
571	567	587	606	620	624	631	664	697	695	700	691	688	688	702	707	712	733	748	741	737	734	728	729	737	744	751	744	743	767	788	779	784	783	784	775	771	758	749
Dividends declared per common share
0.46	0.18	0.18	0.18	0.46	0.18	0.18	0.18	0.46	0.18	0.18	0.18	0.46	0.18	0.18	0.18	0.46	0.18	-	0.18	0.18	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Dividends paid per common share
-	-	-	-	-	-	-	-	0.46	0.18	0.18	0.18	0.46	0.18	-	0.18	0.46	-	-	0.18	0.18	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-