FRANKLIN ELECTRIC CO., INC. FELE Income Statement

Franklin electric co., inc. (FELE)

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	Sep'10	Jun'10	Mar'10	Sep'09	Jun'09
Net sales
266,800	320,200	348,400	355,300	290,700	316,600	341,900	344,000	295,600	288,186	311,113	305,349	220,252	239,634	239,755	252,081	218,430	219,283	232,485	247,427	225,728	253,837	278,053	284,466	231,421	229,651	249,844	263,443	222,524	205,168	237,557	246,696	201,924	187,236	224,391	224,119	185,331	174,973	188,409	190,418	159,992	166,007	165,276
Cost of sales
176,437	218,851	230,793	235,622	201,209	212,321	228,900	227,894	196,648	193,624	207,271	202,596	144,436	158,567	154,286	161,403	144,194	150,165	155,693	167,219	154,238	176,083	188,902	185,072	153,310	153,640	162,873	168,852	148,583	136,695	154,976	162,358	135,652	126,394	150,674	146,904	124,800	119,455	128,970	125,782	109,388	115,764	116,119
Gross profit
90,317	101,253	117,623	119,718	89,506	104,376	112,966	116,076	98,982	94,571	103,842	102,753	75,816	81,023	85,469	90,678	74,236	69,118	76,792	80,208	71,490	77,754	89,151	99,394	78,111	76,011	86,971	94,591	73,941	68,473	82,581	84,338	66,272	60,842	73,717	77,215	60,531	55,518	59,439	64,636	50,604	50,243	49,157
Selling, general, and administrative expenses
75,623	71,870	74,500	75,782	76,299	74,983	72,483	74,965	76,275	69,370	70,850	68,231	56,996	54,262	55,373	57,954	52,345	45,090	47,722	56,278	55,160	60,090	55,635	59,971	52,015	52,346	48,415	53,188	50,065	47,369	49,001	46,769	45,347	44,399	44,840	43,931	44,150	42,265	39,596	43,118	35,885	33,817	34,630
Restructuring expense
873	784	404	245	1,086	676	346	637	7	2,732	1,009	251	315	252	-1,715	45	820	472	1,304	758	463	15,094	1,086	295	136	1,484	828	697	710	147	88	59	-73	115	553	501	418	-9	242	2,935	2,166	964	3,756
Operating income
13,800	28,600	42,700	43,700	12,100	28,700	40,100	40,500	22,700	22,441	31,983	34,271	18,505	26,539	31,811	32,679	21,071	23,556	27,766	23,172	15,867	2,570	32,430	39,128	25,960	22,181	37,728	40,706	23,166	20,957	33,492	37,510	20,998	16,328	28,324	32,783	15,963	13,262	19,601	18,583	12,553	15,462	10,771
Interest (expense)
1,234	1,571	2,037	2,295	2,342	2,362	2,443	2,606	2,428	2,267	2,297	2,244	3,514	2,101	1,983	2,221	2,427	2,322	2,604	2,405	2,708	2,697	2,744	2,510	2,784	2,786	2,665	2,556	2,590	2,891	2,367	2,362	2,588	2,973	2,917	2,406	2,206	2,947	2,254	2,278	2,213	2,471	2,401
Other income/(expense), net
-202	-109	-250	-292	239	-461	-422	45	-204	40	438	5,506	672	-3,069	1,446	1,373	-32	838	1,616	1,390	3,019	-202	355	871	325	589	296	364	447	485	430	452	13,534	1,551	1,542	949	1,619	769	763	400	-2,231	445	273
Foreign exchange income
962	-3,807	2,082	-505	589	2,445	-1,601	-999	-551	729	193	-372	475	420	399	315	-77	-830	-96	-359	416	-397	-510	328	-420	-2,153	-466	-541	-171	-111	-896	-357	-298	491	-554	-938	-421	1,167	-510	112	198	-520	270
Income before income taxes
13,347	23,115	42,514	40,599	10,607	28,305	35,671	36,914	19,517	20,971	30,317	37,161	16,138	21,759	31,673	32,146	18,535	21,242	26,682	21,798	16,594	-726	29,531	37,817	23,081	17,831	34,893	37,973	20,852	18,440	30,659	35,243	31,646	15,397	26,395	30,388	14,955	12,251	17,600	16,817	8,307	12,916	8,913
Income tax expense
2,555	3,094	8,439	7,787	1,480	3,984	5,739	6,875	-1,698	13,110	5,769	6,917	204	3,960	7,926	7,959	4,955	4,991	5,656	5,360	-3,382	-3,894	6,726	10,359	5,660	4,484	9,596	9,534	5,237	5,111	8,653	10,001	8,485	3,880	7,098	8,381	4,053	3,919	5,015	5,366	757	4,094	2,906
Net income
10,792	19,986	34,075	32,812	9,127	24,314	29,932	30,039	21,215	7,867	24,548	30,244	15,934	17,801	23,747	24,187	13,580	16,251	21,026	16,438	19,976	3,168	22,805	27,458	17,421	13,347	25,297	28,439	15,615	13,329	22,006	25,242	23,161	11,517	19,297	22,007	10,902	8,332	12,585	11,451	7,550	8,822	6,007
Less: Net (income) attributable to noncontrolling interests
149	210	168	67	71	131	-74	-458	41	-204	78	335	204	159	83	205	123	90	201	274	181	66	132	384	464	41	236	304	159	184	140	435	115	-33	77	357	223	211	253	316	224	190	184
Net income attributable to Franklin Electric Co., Inc.
10,600	19,800	33,900	32,700	9,100	24,200	30,000	30,500	21,200	8,091	24,470	29,909	15,730	17,597	23,664	23,982	13,457	16,125	20,825	16,200	19,795	3,102	22,673	27,074	16,957	13,348	25,061	28,135	15,456	13,145	21,866	24,807	23,046	11,550	19,220	21,650	10,679	8,121	12,332	11,135	7,326	8,632	5,823
Income per share:
Basic earnings per share (in dollars per share)
0.23	0.42	0.73	0.70	0.19	0.51	0.64	0.65	0.45	0.18	0.52	0.64	0.33	0.37	0.51	0.51	0.28	0.34	0.44	0.33	0.41	0.06	0.46	0.56	0.35	0.27	0.52	0.59	0.32	0.27	0.47	0.53	0.49	-0.84	0.82	0.92	0.46	0.35	0.53	0.48	0.32	0.37	0.25
Diluted earnings per share (in dollars per share)
0.23	0.42	0.72	0.70	0.19	0.51	0.63	0.64	0.45	0.16	0.52	0.64	0.33	0.37	0.50	0.50	0.28	0.33	0.43	0.33	0.41	0.05	0.46	0.55	0.35	0.27	0.51	0.58	0.32	0.27	0.46	0.52	0.48	-0.83	0.80	0.91	0.45	0.35	0.52	0.47	0.31	0.37	0.25
Dividends per common share (in dollars per share)
-	-	-	-	-	-	-	-	-	-	0.10	0.10	0.10	0.10	0.10	0.10	0.09	0.09	0.09	0.09	0.09	0.09	0.09	0.09	0.07	0.07	0.07	0.07	0.07	0.07	0.07	0.07	0.07	-0.14	0.14	0.14	0.13	0.13	0.13	0.13	0.12	0.13	0.13