Futurefuel corp. (FF)
Income statement / TTM
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

209,807

205,226

250,562

266,300

283,772

291,018

300,766

296,950

276,662

275,026

268,648

257,935

255,729

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Distribution

-

-

-

-

-

-

-

-

-

-

-

-

-

3,976

3,352

2,366

2,584

2,435

2,882

3,379

3,300

3,536

3,602

3,832

4,032

3,899

3,843

3,880

4,249

4,362

4,130

3,816

3,169

2,824

2,976

3,138

0

0

0

Distribution related parties

-

-

-

-

-

-

-

-

-

-

-

-

-

378

446

442

440

405

371

321

295

335

331

353

387

392

432

437

467

471

477

472

430

443

535

541

0

0

0

Gross profit

87,276

74,139

26,961

34,152

39,153

73,398

65,238

58,111

51,638

20,261

30,968

35,761

41,935

46,858

58,857

57,213

54,785

57,046

56,454

68,651

69,685

65,973

62,192

67,338

88,386

100,165

83,114

79,059

65,833

57,253

68,496

68,528

69,557

61,755

54,299

38,606

0

0

0

Selling, general, and administrative expenses
Compensation expense

3,168

3,028

2,751

3,023

3,249

3,809

4,037

3,980

4,164

4,153

4,420

4,772

5,019

4,921

5,068

5,186

4,968

4,955

4,792

4,871

4,667

4,268

3,876

3,315

3,475

3,647

4,292

4,269

4,319

4,142

4,252

4,237

3,990

4,050

3,261

3,166

0

0

0

Stock-based compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

Other expense

1,985

1,904

2,063

1,978

2,027

1,936

1,906

1,907

1,816

1,986

2,070

2,098

2,133

2,176

2,032

2,146

2,178

2,164

2,394

2,209

2,173

2,195

2,083

2,320

2,546

2,421

2,672

2,952

3,038

3,123

2,982

2,793

2,466

2,044

2,149

1,796

0

0

0

Related party expense

726

707

665

671

746

690

854

754

593

576

515

534

531

523

196

178

203

215

58

129

210

214

452

444

380

399

563

497

500

452

519

536

521

534

207

189

0

0

0

Research and development expenses

3,320

3,191

3,008

3,052

3,048

3,524

3,967

4,025

4,086

3,659

3,137

2,890

2,783

2,715

2,731

2,781

2,713

2,741

2,992

2,982

3,181

3,168

3,170

3,308

3,230

3,444

3,391

3,479

3,517

3,444

3,528

3,570

3,602

3,512

3,410

3,300

0

0

0

Total operating expenses

9,199

8,830

8,487

8,724

9,070

9,959

10,764

10,666

10,659

10,374

10,142

10,294

10,466

10,335

10,027

10,291

10,062

10,075

10,236

10,191

10,231

9,845

9,581

9,387

9,631

9,911

0

0

0

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

0

-

Income from operations

78,077

65,309

18,474

25,428

30,083

63,439

54,474

47,445

40,979

9,887

20,826

25,467

31,469

36,523

48,830

46,922

44,723

46,971

46,218

58,460

59,454

56,128

52,611

57,951

78,755

90,254

72,196

67,862

54,459

46,092

57,717

57,894

58,978

51,615

44,770

29,653

0

0

0

Interest and dividend income

9,655

10,050

10,325

10,150

9,553

9,183

8,818

8,240

8,078

7,809

7,385

7,057

6,530

6,152

5,544

5,243

5,184

5,106

5,516

5,612

5,774

6,877

7,032

6,970

7,092

5,875

5,557

5,331

4,789

4,776

4,384

4,195

3,859

3,495

0

0

0

-

-

Investment income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

Interest income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Interest expense

186

173

174

174

173

173

172

172

172

172

172

174

173

173

173

170

171

134

97

61

25

25

25

25

24

24

24

24

27

27

29

29

56

184

184

183

0

0

0

(Loss) gain on marketable securities

-8,367

4,619

-3,561

-4,170

-4,715

-12,011

-3,417

-4,206

-4,925

-687

-1,156

-1,504

-453

-1,340

-1,822

-1,769

-1,931

107

2,637

2,906

5,404

4,335

2,655

2,457

1,538

1,646

5,537

5,818

3,672

3,927

-1,426

-1,749

-1,670

-1,889

-115

121

0

0

0

Other expense

-

-

0

0

-

-

0

0

-

-188

-142

-169

-271

-356

-342

-279

-253

-181

-290

-258

-244

30

112

94

0

-

0

0

-

112

-57

-191

-309

-262

6

90

0

0

0

Other (expense) income

1,092

14,486

6,742

5,609

4,404

-3,262

4,894

3,530

2,824

6,762

5,915

5,210

5,633

4,283

3,207

3,025

2,829

4,898

7,766

8,199

10,909

11,217

9,484

9,202

8,436

7,097

10,998

11,159

8,598

8,788

2,872

2,226

1,824

1,160

2,556

2,144

0

0

0

Income before taxes

79,169

79,795

25,216

31,037

34,487

60,177

59,368

50,975

43,803

16,649

26,741

30,677

37,102

40,806

52,037

49,947

47,552

51,869

53,984

66,659

70,363

67,345

62,095

67,153

87,191

97,351

83,194

79,021

63,057

54,880

60,589

60,120

60,802

52,775

47,326

31,797

0

0

0

Income tax (benefit) provision

-22,556

-8,386

7,572

10,570

11,656

7,019

-7,901

-10,183

-12,138

-6,862

497

-5,101

-12,066

-15,535

-15,271

-9,343

-1,307

5,448

7,082

13,156

15,306

14,145

12,492

13,704

20,933

23,317

29,522

28,097

21,816

20,576

21,833

21,180

21,896

18,266

16,887

11,328

0

0

0

Net income

101,725

88,181

17,644

20,467

22,831

53,158

67,269

61,158

55,941

23,511

26,244

35,778

49,168

56,341

67,308

59,290

48,859

46,421

46,902

53,503

55,057

53,200

49,603

53,449

66,258

74,034

53,672

50,924

41,241

34,304

38,756

38,940

38,906

34,509

30,439

20,469

0

0

0

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

101,725

88,181

17,644

20,467

22,831

53,158

67,269

61,158

55,941

23,511

26,244

35,778

49,168

56,341

67,308

59,290

48,859

46,421

46,902

53,503

55,057

53,200

49,603

53,449

66,258

74,034

53,672

50,924

41,241

34,304

38,756

38,940

38,906

34,509

30,439

20,469

0

0

0

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

-253

400

96

68

101

-229

387

1,420

4,575

7,535

6,004

6,712

4,851

2,643

4,966

1,171

-2,239

-3,518

0

0

0

-

-

-

-1,304

4,839

868

4,384

5,047

794

7,669

797

1,417

1,278

-2,451

932

0

0

0

Income tax effect

-54

84

-12

-18

-11

-49

174

533

1,647

2,642

2,106

2,585

1,931

1,158

2,341

0

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total other comprehensive (loss) income, net of tax

-199

316

76

54

80

-180

245

919

2,960

4,893

3,898

4,127

2,920

1,485

917

0

0

-

0

0

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Comprehensive income

101,526

88,497

17,720

20,521

22,911

52,978

67,514

62,077

58,901

28,404

30,142

39,905

52,088

57,826

70,468

60,286

47,696

44,217

39,508

46,696

52,043

50,023

52,044

56,492

64,954

78,873

54,540

55,308

46,288

35,098

46,425

39,737

40,323

35,787

27,988

0

0

0

-

Non-related Parties [Member]
Revenue

206,998

202,048

246,595

261,851

279,428

286,949

297,602

294,120

274,439

273,144

267,609

257,396

255,266

244,822

202,689

215,171

228,019

234,630

269,974

284,017

272,260

302,748

362,593

387,933

425,031

435,499

387,943

351,168

344,746

338,812

352,763

360,881

337,235

304,614

282,373

243,986

0

0

0

Cost of goods sold

99,744

107,028

200,546

208,068

219,785

191,859

205,776

205,305

192,314

224,329

212,685

205,767

202,658

191,662

145,322

188,129

227,911

233,063

286,443

249,430

200,395

213,172

221,234

253,991

281,618

289,828

281,634

252,779

263,753

275,412

290,207

292,940

263,436

237,867

221,405

198,290

0

0

0

Related Parties [Member]
Revenue

2,809

3,178

3,967

4,449

4,344

4,069

3,164

2,830

2,223

1,882

1,529

3,442

5,403

8,371

15,003

40,269

64,140

64,981

84,232

66,270

41,468

39,090

16,350

8,994

9,920

9,420

5,993

9,925

13,521

13,017

14,086

7,999

3,136

5,271

0

0

0

-

0

Cost of goods sold

15,364

16,945

16,127

17,323

18,562

19,495

24,213

28,442

28,357

26,526

21,495

14,999

11,696

10,319

9,715

7,290

6,439

6,662

8,056

28,506

40,053

58,822

91,584

71,413

60,528

50,635

24,913

24,938

23,965

14,331

3,539

3,124

3,779

6,996

7,154

7,201

0

0

0