FRANKLIN COVEY CO FC Income Statement

Franklin covey co (FC)

Income statement / Quarterly

Feb'20	Nov'19	Aug'19	May'19	Feb'19	Nov'18	Aug'18	May'18	Feb'18	Nov'17	Aug'17	May'17	Feb'17	Nov'16	Nov'16	Aug'16	May'16	Feb'16	Nov'15	Aug'15	May'15	Feb'15	Nov'14	Aug'14	May'14	Feb'14	Nov'13	Aug'13	May'13	Feb'13	Nov'12	Aug'12	May'12	Feb'12	Nov'11	Aug'11	May'11	Feb'11	Nov'10
Net sales
53,745	58,613	65,165	56,006	50,356	53,829	64,818	50,461	46,547	47,932	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Training and consulting services
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	42,275	42,277	43,194	64,304	45,373	43,545	45,473	64,321	44,381	43,683	41,335	57,471	42,378	37,744	41,063	48,578	38,213	35,606	36,382	42,716	37,368	33,337	37,555
Products
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,340	1,873	912	2,039	1,710	1,822	1,314	2,751	1,694	1,747	1,326	3,119	1,428	1,624	1,943	1,399	2,291	2,303	2,463	1,678	2,958	1,543	1,276
Leasing
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,123	1,119	1,112	1,101	1,223	949	1,088	1,038	1,056	1,076	757	984	1,053	1,062	1,055	1,038	770	718	695	619	571	598	585
Net sales
-	-	-	-	-	-	-	-	-	-	-	43,751	42,196	39,787	39,787	-	44,738	45,269	45,218	67,444	48,306	46,316	47,875	68,110	47,131	46,506	43,418	61,574	44,859	40,430	44,061	51,015	41,274	38,627	39,540	45,013	40,897	35,478	39,416
Training and consulting services
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	13,928	13,797	14,058	19,303	16,712	14,934	15,421	19,214	15,811	14,035	12,414	17,055	14,281	11,939	13,589	14,744	13,585	11,973	11,859	13,960	13,472	11,260	13,250
Products
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	621	938	522	995	778	896	637	1,438	982	576	506	1,286	665	746	425	715	1,142	1,247	735	1,089	1,199	705	681
Leasing
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	627	680	567	598	494	471	613	518	454	484	467	522	478	461	488	540	403	426	404	458	445	402	409
Cost of sales
15,079	16,584	17,664	16,342	14,990	17,046	17,057	15,545	13,803	15,064	17,535	16,410	14,165	14,479	14,479	19,163	15,176	15,415	15,147	20,896	17,984	16,301	16,671	21,170	17,247	15,095	13,387	18,863	15,424	13,146	14,502	15,999	15,130	13,646	12,998	15,507	15,116	12,367	14,340
Gross profit
38,666	42,029	47,501	39,664	35,366	36,783	47,761	34,916	32,744	32,868	41,987	27,341	28,031	25,308	25,308	45,667	29,562	29,854	30,071	46,548	30,322	30,015	31,204	46,940	29,884	31,411	30,031	42,711	29,435	27,284	29,559	35,016	26,144	24,981	26,542	29,506	25,781	23,111	25,076
Selling, general, and administrative
36,221	39,399	36,037	38,713	35,925	34,644	37,295	34,910	35,097	33,824	31,970	30,713	29,370	29,095	29,095	30,069	29,095	27,936	26,489	30,328	25,934	26,841	25,699	30,325	25,017	25,707	24,752	31,881	23,661	22,691	22,943	25,927	21,448	20,714	21,373	24,542	21,009	19,915	19,789
Restructuring costs
-	-	-	-	-	-	-	-	-	-	-	1,335	-	-	-	-	-	376	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Impaired assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,082	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Contract termination costs
-	-	-	-	-	-	-	-	-	-	-	-	1,500	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation
1,653	1,619	1,557	1,556	1,697	1,554	1,614	1,267	1,379	901	1,136	949	928	866	866	868	1,003	894	912	1,158	980	1,040	964	917	866	816	784	832	752	722	702	768	680	860	834	872	997	788	910
Amortization
1,170	1,170	1,179	1,259	1,300	1,238	1,252	1,326	1,395	1,395	1,260	835	721	722	722	722	722	909	910	909	912	953	953	993	983	989	989	990	960	619	622	620	622	626	631	775	916	920	929
Loss from operations
-378	-159	8,728	-1,864	-3,556	-653	7,600	-2,587	-5,127	-3,252	7,474	-6,491	-4,488	-5,375	-5,375	13,608	-1,258	-261	1,760	13,346	1,414	1,181	3,588	14,342	3,018	3,899	3,506	9,008	4,062	3,252	5,292	7,701	3,394	2,781	3,704	3,317	2,859	1,488	3,448
Interest income
13	5	-8	8	9	28	-17	35	25	61	-54	52	109	116	116	-126	81	83	77	61	104	107	111	101	74	109	143	169	158	150	137	9	2	4	3	6	5	6	4
Interest expense
557	606	541	562	623	632	697	738	692	549	547	618	623	620	620	606	564	552	541	531	532	535	539	561	557	559	560	567	578	598	589	610	613	626	633	665	669	642	711
Discount accretion on related party receivable
-	-	-	-	-243	-	-	-202	-29	-	-	-34	-	-	-	-	-	-	-	0	233	0	130	771	141	142	142	102	135	135	147	-	0	0	-	-	-	-	-
Other income, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	20	-	-	-	-	-	-	-	-	-	-
Loss before income taxes
-922	-760	8,194	-2,418	-3,927	-1,257	7,073	-3,088	-5,765	-3,740	6,995	-7,023	-5,002	-5,879	-5,879	13,086	-1,741	-730	1,296	12,876	753	753	3,030	13,111	2,394	3,307	2,947	8,509	3,527	2,669	4,693	5,731	2,783	2,159	3,074	-	-	-	-
Income before income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,195	852	2,741
Income tax benefit
-2,019	-216	2,319	-394	-410	100	5,294	-554	-3,025	-1,348	2,335	-2,482	-1,669	-1,921	-1,921	5,360	-689	-282	506	5,206	-438	326	1,202	656	472	1,336	1,228	-	1,416	1,077	-	2,331	1,166	997	1,412	-	1,471	547	1,947
Provision for income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,796	-	-	-	-	-	-	-	-
Net income (loss)
1,097	-544	5,875	-2,024	-3,517	-1,357	1,779	-2,534	-2,740	-2,392	4,660	-4,541	-3,333	-3,958	-3,958	7,726	-1,052	-448	790	7,670	1,191	427	1,828	12,455	1,922	1,971	1,719	7,719	2,111	1,592	2,897	3,400	1,617	1,162	1,662	2,984	724	305	794
Net income (loss) per share:
Basic and diluted
0.08	-0.04	0.42	-0.14	-0.25	-0.10	0.12	-0.18	-0.20	-0.17	0.34	-0.33	-0.24	-0.29	-0.29	0.52	-0.07	-0.03	0.05	-	0.07	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.05
Basic
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.03	0.11	0.75	0.11	0.12	0.10	0.45	0.13	0.09	0.16	0.19	0.09	0.07	0.09	-	0.04	0.02	-
Diluted
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.02	0.11	0.74	0.11	0.12	0.10	0.44	0.13	0.08	0.15	0.19	0.09	0.06	0.09	-	0.04	0.02	-
Weighted average number of common shares:
Basic and diluted
-	13,982	-	13,963	-	13,917	13,908	13,896	13,867	13,725	13,826	13,834	13,825	13,791	13,791	-	14,259	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Basic
13,841	-	-	-	13,937	-	-	-	-	-	-	-	-	-	-	-	-	15,299	16,218	16,451	16,739	16,908	16,870	16,845	16,754	16,717	16,564	16,351	16,330	18,550	18,161	17,794	17,797	17,764	17,733	34,349	17,067	16,990	17
Diluted
13,990	-	-	-	13,937	-	-	-	-	-	-	-	-	-	-	-	-	15,299	16,352	16,614	16,900	17,086	17,092	17,069	16,934	16,926	16,859	16,479	16,421	19,709	19,275	18,839	18,316	18,287	17,998	35,437	17,354	17,379	17
COMPREHENSIVE INCOME (LOSS)
Net income (loss)
1,097	-544	5,875	-2,024	-3,517	-1,357	1,779	-2,534	-2,740	-2,392	4,660	-4,541	-3,333	-3,958	-3,958	7,726	-1,052	-448	790	7,670	1,191	427	1,828	12,455	1,922	1,971	1,719	7,719	2,111	1,592	2,897	3,400	1,617	1,162	1,662	2,984	724	305	794
Foreign currency translation adjustments, net of income tax provision of $0, $(11), $0, and $0
90	-37	-57	-144	438	-309	-491	-187	429	-77	-1,354	148	16	635	635	583	321	225	-99	-431	-88	-88	-652	-196	13	26	-78	-427	-358	-681	-258	150	-25	-131	-176	-	89	-	-
Comprehensive income (loss)
1,187	-581	5,818	-2,168	-3,079	-1,666	1,288	-2,721	-2,311	-2,469	3,306	-4,393	-3,317	-3,323	-3,323	8,309	-731	-223	691	7,239	1,103	339	1,176	12,259	1,935	1,997	1,641	7,292	1,753	911	2,639	3,550	1,592	1,031	1,486	-	813	-	-