FUTUREFUEL CORP. FF Income Statement

Futurefuel corp. (FF)

Income statement / Yearly

Dec'19	Dec'18	Dec'17	Dec'16	Dec'15	Dec'14	Dec'13	Dec'12	Dec'11	Dec'10	Dec'09
Revenue
205,226	291,018	275,026	-	-	-	-	-	-	219,090	-
Distribution
-	-	-	3,976	2,435	3,536	3,899	4,362	2,824	3,553	4,894
Distribution related parties
-	-	-	378	405	335	392	471	443	526	88
Gross profit
74,139	73,398	20,261	46,858	57,046	65,973	100,165	57,253	61,755	41,284	34,437
Selling, general, and administrative expenses
Compensation expense
3,028	3,809	4,153	4,921	4,955	4,268	3,647	4,142	4,050	3,500	3,605
Other expense
1,904	1,936	1,986	2,176	2,164	2,195	2,421	3,123	2,044	1,794	1,530
Related party expense
707	690	576	523	215	214	399	452	534	341	298
Research and development expenses
3,191	3,524	3,659	2,715	2,741	3,168	3,444	3,444	3,512	3,494	4,165
Total operating expenses
8,830	9,959	10,374	10,335	10,075	9,845	9,911	11,161	10,140	9,129	-

-	-	-	-	-	-	-	-	-	-	9,598
Income from operations
65,309	63,439	9,887	36,523	46,971	56,128	90,254	46,092	51,615	32,155	24,839
Interest and dividend income
10,050	9,183	7,809	6,152	5,106	6,877	5,875	4,776	3,495	1,135	403
Interest expense
173	173	172	173	134	25	24	27	184	74	27
Loss on foreign currency
-	-	-	-	-	-	-	-	-	-	-3
(Loss) gain on marketable securities
4,619	-12,011	-687	-1,340	107	4,335	1,646	3,927	-1,889	997	-15
Other expense
-10	-261	-188	-356	-181	30	-400	112	-262	-35	-
Other income (expense)
-	-	-	-	-	-	-	-	-	-	249
Other (expense) income
14,486	-3,262	6,762	4,283	4,898	11,217	7,097	8,788	1,160	2,023	607
Income before taxes
79,795	60,177	16,649	40,806	51,869	67,345	97,351	54,880	52,775	34,178	25,446
Income tax (benefit) provision
-8,386	7,019	-6,862	-15,535	5,448	14,145	23,317	20,576	18,266	11,084	8,454
Net income
88,181	53,158	23,511	56,341	46,421	53,200	74,034	34,304	34,509	23,094	16,992
Earnings per common share
Earnings per common share, basic (in dollars per share)
2.02	1.22	0.54	1.29	1.06	1.22	1.71	0.83	0.85	0.63	0.60
Earnings per common share, diluted (in dollars per share)
2.02	1.22	0.54	1.29	1.06	1.22	1.71	0.83	0.84	0.62	0.58
Weighted average shares outstanding
Weighted average shares outstanding, basic (in shares)
43,743	43,725	43,676	43,542	43,432	43,357	43,237	41,366	40,708	36,526	28,190
Weighted average shares outstanding, diluted (in shares)
43,744	43,731	43,685	43,547	43,445	43,392	43,276	41,507	40,886	37,188	29,254
Comprehensive income
Net income
88,181	53,158	23,511	56,341	46,421	53,200	74,034	34,304	34,509	23,094	16,992
Other comprehensive (loss) income from unrealized net (loss) gain on available-for-sale debt securities
400	-229	7,535	2,643	-3,518	-5,157	4,839	794	1,278	487	23
Income tax effect
84	-49	2,642	1,158	-1,314	-1,980	-	-	-	-	-
Total other comprehensive (loss) income, net of tax
316	-180	4,893	1,485	-2,204	-3,177	-	-	-	-	-
Comprehensive income
88,497	52,978	28,404	57,826	44,217	50,023	78,873	35,098	35,787	23,581	17,015
Non-related Parties [Member]
Revenue
202,048	286,949	273,144	244,822	234,630	302,748	435,499	338,812	304,614	-	194,217
Cost of goods sold
107,028	191,859	224,329	191,662	233,063	213,172	289,828	275,412	237,867	169,776	151,359
Related Parties [Member]
Revenue
3,178	4,069	1,882	8,371	64,981	39,090	9,420	13,017	5,271	93	2,494
Cost of goods sold
16,945	19,495	26,526	10,319	6,662	58,822	50,635	14,331	6,996	4,044	5,933