Futurefuel corp. (FF)
Income statement / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Sep'10Jun'10
Revenue

53,082

20,177

65,684

70,864

48,501

65,513

81,422

88,336

55,747

75,261

77,606

68,048

54,111

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Distribution

-

-

-

-

-

-

-

-

-

-

-

-

-

1,105

1,306

768

797

481

320

986

648

928

817

907

884

994

1,047

1,107

751

938

1,084

1,476

864

706

770

829

519

858

932

Distribution related parties

-

-

-

-

-

-

-

-

-

-

-

-

-

38

127

107

106

106

123

105

71

72

73

79

111

68

95

113

116

108

100

143

120

114

95

101

133

206

101

Gross profit

16,399

62,145

5,462

3,270

3,262

14,967

12,653

8,271

37,507

6,807

5,526

1,798

6,130

17,514

10,319

7,972

11,053

29,513

8,675

5,544

13,314

28,921

20,872

6,578

9,602

25,140

26,018

27,626

21,381

8,089

21,963

14,400

12,801

19,332

21,995

15,429

4,999

11,876

6,302

Selling, general, and administrative expenses
Compensation expense

855

1,032

661

620

715

755

933

846

1,275

983

876

1,030

1,264

1,250

1,228

1,277

1,166

1,397

1,346

1,059

1,153

1,234

1,425

855

754

842

864

1,015

926

1,487

841

1,065

749

1,597

826

818

809

808

731

Stock-based compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

502

-

-

-

Other expense

582

295

561

547

501

454

476

596

410

424

477

505

580

508

505

540

623

364

619

572

609

594

434

536

631

482

671

762

506

733

951

848

591

592

762

521

169

697

409

Related party expense

148

316

132

130

129

274

138

205

73

438

38

44

56

377

57

41

48

50

39

66

60

-107

110

147

64

131

102

83

83

295

36

86

35

362

53

71

48

35

35

Research and development expenses

835

864

833

788

706

681

877

784

1,182

1,124

935

845

755

602

688

738

687

618

738

670

715

869

728

869

702

871

866

791

916

818

954

829

843

902

996

861

753

800

886

Total operating expenses

2,420

2,507

2,187

2,085

2,051

2,164

2,424

2,431

2,940

2,969

2,326

2,424

2,655

2,737

2,478

2,596

2,524

2,429

2,742

2,367

2,537

2,590

2,697

2,407

2,151

2,326

2,503

2,651

2,431

-

-

-

-

-

-

-

-

-

2,061

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,782

2,828

2,218

-

2,637

2,773

1,779

2,340

-

Income from operations

13,979

59,638

3,275

1,185

1,211

12,803

10,229

5,840

34,567

3,838

3,200

-626

3,475

14,777

7,841

5,376

8,529

27,084

5,933

3,177

10,777

26,331

18,175

4,171

7,451

22,814

23,515

24,975

18,950

4,756

19,181

11,572

10,583

16,381

19,358

12,656

3,220

9,536

4,241

Interest and dividend income

1,967

2,220

2,718

2,750

2,362

2,495

2,543

2,153

1,992

2,130

1,965

1,991

1,723

1,706

1,637

1,464

1,345

1,098

1,336

1,405

1,267

1,508

1,432

1,567

2,370

1,663

1,370

1,689

1,153

1,345

1,144

1,147

1,140

953

955

811

776

-

-

Investment income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

307

-

Interest income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

222

Interest expense

56

43

43

44

43

44

43

43

43

43

43

43

43

43

45

42

43

43

42

43

6

6

6

7

6

6

6

6

6

6

6

9

6

8

6

36

134

8

5

(Loss) gain on marketable securities

-10,059

-558

1,424

826

2,927

-8,738

815

281

-4,369

-144

26

-438

-131

-613

-322

613

-1,018

-1,095

-269

451

1,020

1,435

0

2,949

-49

-245

-198

2,030

59

3,646

83

-116

314

-1,707

-240

-37

95

67

-4

Other expense

-

-

262

-113

-

-

-87

-177

-

-71

-84

-2

-31

-25

-111

-104

-116

-11

-48

-78

-44

-120

-16

-64

230

-

-38

-34

-

0

68

96

-52

-169

-66

-22

-5

99

18

Other (expense) income

-8,148

1,460

4,361

3,419

5,246

-6,284

3,228

2,214

-2,420

1,872

1,864

1,508

1,518

1,025

1,159

1,931

168

-51

977

1,735

2,237

2,817

1,410

4,445

2,545

1,084

1,128

3,679

1,206

4,985

1,289

1,118

1,396

-931

643

716

732

465

231

Income before taxes

5,831

61,098

7,636

4,604

6,457

6,519

13,457

8,054

32,147

5,710

5,064

882

4,993

15,802

9,000

7,307

8,697

27,033

6,910

4,912

13,014

29,148

19,585

8,616

9,996

23,898

24,643

28,654

20,156

9,741

20,470

12,690

11,979

15,450

20,001

13,372

3,952

10,001

4,472

Income tax (benefit) provision

-13,212

-11,275

1,014

917

958

4,683

4,012

2,003

-3,679

-10,237

1,730

48

1,597

-2,878

-3,868

-6,917

-1,872

-2,614

2,060

1,119

4,883

-980

8,134

3,269

3,722

-2,633

9,346

10,498

6,106

3,572

7,921

4,217

4,866

4,829

7,268

4,933

1,236

3,450

1,709

Net income

19,043

72,373

6,622

3,687

5,499

1,836

9,445

6,051

35,826

15,947

3,334

834

3,396

18,680

12,868

14,224

10,569

29,647

4,850

3,793

8,131

30,128

11,451

5,347

6,274

26,531

15,297

18,156

14,050

6,169

12,549

8,473

7,113

10,621

12,733

8,439

2,716

6,551

2,763

Earnings per common share
Earnings per common share, basic (in dollars per share)

0.44

1.66

0.15

0.08

0.13

0.04

0.22

0.14

0.82

0.36

0.08

0.02

0.08

0.43

0.29

0.33

0.24

0.67

0.11

0.09

0.19

0.70

0.26

0.12

0.14

0.61

0.35

0.42

0.33

0.15

0.30

0.21

0.17

0.26

0.31

0.21

0.07

0.16

0.08

Earnings per common share, diluted (in dollars per share)

0.44

1.66

0.15

0.08

0.13

0.04

0.22

0.14

0.82

0.36

0.08

0.02

0.08

0.43

0.29

0.33

0.24

0.67

0.11

0.09

0.19

0.70

0.26

0.12

0.14

0.61

0.35

0.42

0.33

0.16

0.30

0.20

0.17

0.25

0.31

0.21

0.07

0.16

0.07

Weighted average shares outstanding
Weighted average shares outstanding, basic (in shares)

43,743

43,743

43,743

43,743

43,743

43,743

43,724

43,716

43,716

43,717

43,705

43,665

43,616

43,596

43,570

43,527

43,475

43,474

43,460

43,420

43,372

43,372

43,361

43,352

43,343

43,348

43,339

43,334

42,928

41,513

41,320

41,319

41,314

41,319

41,297

40,234

39,982

39,934

36,773

Weighted average shares outstanding, diluted (in shares)

43,743

43,743

43,743

43,743

43,748

43,748

43,732

43,720

43,722

43,729

43,714

43,675

43,622

43,601

43,572

43,528

43,486

43,510

43,461

43,428

43,382

43,237

43,387

43,550

43,393

43,401

43,394

43,361

42,949

41,603

41,471

41,462

41,493

41,499

41,478

40,438

40,131

40,028

37,522

Comprehensive income
Net income

19,043

72,373

6,622

3,687

5,499

1,836

9,445

6,051

35,826

15,947

3,334

834

3,396

18,680

12,868

14,224

10,569

29,647

4,850

3,793

8,131

30,128

11,451

5,347

6,274

26,531

15,297

18,156

14,050

6,169

12,549

8,473

7,113

10,621

12,733

8,439

2,716

6,551

2,763

Other comprehensive (loss) income from unrealized net (loss) gain on available-for-sale debt securities

-397

121

1

22

256

-183

-27

55

-74

433

1,006

3,210

2,886

-1,098

1,714

1,349

678

1,225

-2,081

-2,061

-601

-

-

-

-764

1,389

-93

-1,836

5,379

-2,582

3,423

-1,173

1,126

4,293

-3,449

-553

987

564

-66

Income tax effect

-84

25

0

5

54

-71

-6

12

16

152

353

1,126

1,011

-384

832

472

238

-

799

779

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total other comprehensive (loss) income, net of tax

-313

96

1

17

202

-144

-21

43

-58

281

653

2,084

1,875

-714

882

877

440

-

-1,282

-1,282

-

-

-695

2,511

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,697

Comprehensive income

18,730

72,469

6,623

3,704

5,701

1,692

9,424

6,094

35,768

16,228

3,987

2,918

5,271

17,966

13,750

15,101

11,009

30,608

3,568

2,511

7,530

25,899

10,756

7,858

5,510

27,920

15,204

16,320

19,429

3,587

15,972

7,300

8,239

14,914

9,284

7,886

3,703

7,115

-

Non-related Parties [Member]
Revenue

52,372

19,218

65,332

70,076

47,422

63,765

80,588

87,653

54,943

74,418

77,106

67,972

53,648

68,883

66,893

65,842

43,204

26,750

79,375

78,690

49,815

62,094

93,418

66,933

80,303

121,939

118,758

104,031

90,771

74,383

81,983

97,609

84,837

88,334

90,101

73,963

52,216

66,093

51,714

Cost of goods sold

32,781

-48,575

54,037

61,501

40,065

44,943

61,559

73,218

12,139

58,860

61,088

60,227

44,154

47,216

54,170

57,118

33,158

876

96,977

96,900

38,310

54,256

59,964

47,865

51,087

62,318

92,721

75,492

59,297

54,124

63,866

86,466

70,956

68,919

66,599

56,962

45,387

52,457

43,484

Related Parties [Member]
Revenue

710

959

352

788

1,079

1,748

834

683

804

843

500

76

463

490

2,413

2,037

3,431

7,122

27,679

25,908

4,272

26,373

9,717

1,106

1,894

3,633

2,361

2,032

1,394

206

6,293

5,628

890

1,275

206

765

3,025

-

0

Cost of goods sold

2,215

4,631

4,455

4,063

3,796

3,813

5,651

5,302

4,729

8,531

9,880

5,217

2,898

3,500

3,384

1,914

1,521

2,896

959

1,063

1,744

4,290

21,409

12,610

20,513

37,052

1,238

1,725

10,620

11,330

1,263

752

986

538

848

1,407

4,203

696

895