Flowers foods, inc (FLO)
Income statement / Quarterly
Apr'20Dec'19Oct'19Jul'19Apr'19Dec'18Oct'18Jul'18Apr'18Dec'17Sep'17Jun'17Apr'17Dec'16Sep'16Jul'16Apr'16Jan'16Sep'15Jul'15Apr'15Dec'14Sep'14Jun'14Apr'14Dec'13Sep'13Jun'13Apr'13Dec'12Sep'12Jun'12Apr'12Dec'11Sep'11Jul'11Apr'11Dec'10Sep'10Jul'10Apr'10Sep'09Jul'09
Sales

1,349,444

917,759

966,561

975,759

1,263,895

880,667

923,449

941,283

1,206,453

873,623

932,822

926,639

1,187,649

868,717

918,791

935,025

1,204,352

858,363

885,302

888,795

1,146,045

877,333

844,932

872,791

1,153,917

825,161

878,492

898,153

1,130,810

734,075

717,282

681,561

898,206

653,566

675,369

642,596

801,825

573,133

597,894

607,716

795,026

602,570

614,448

Materials, supplies, labor and other production costs (exclusive of depreciation and amortization shown separately below)

670,873

485,960

509,056

508,552

652,141

467,155

485,680

488,871

625,122

456,895

476,264

468,246

608,068

450,954

476,760

477,955

621,190

455,939

464,045

457,253

585,916

453,759

442,978

458,019

595,877

447,511

467,798

471,614

585,298

390,666

382,508

365,658

478,978

353,350

365,706

341,887

412,258

297,298

316,141

318,553

414,798

322,245

333,339

Selling, distribution and administrative expenses

522,035

377,196

362,380

359,497

476,049

339,377

353,051

360,365

454,463

334,581

356,826

355,542

463,066

344,909

341,538

338,396

444,539

316,908

322,087

318,758

423,774

330,661

302,086

314,995

420,547

291,828

327,529

325,946

411,439

258,284

257,326

246,231

330,272

270,794

239,084

236,700

300,057

208,940

215,222

217,906

292,551

210,185

216,602

Depreciation and amortization

44,663

32,884

33,196

33,329

44,819

32,175

32,662

35,098

44,189

32,431

32,972

34,128

47,188

32,274

32,530

32,598

43,467

32,471

29,419

30,468

39,817

30,275

29,487

29,907

39,292

28,722

29,837

25,743

34,189

25,939

24,757

22,255

29,739

24,944

22,816

20,898

27,992

20,804

19,778

20,021

25,637

19,064

18,656

Recovery on inferior ingredients

0

-

-

-

413

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Restructuring and related impairment charges

-

17,482

3,277

2,047

718

7,210

497

801

1,259

-

100,549

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on divestiture

-

-

-

-

-

-

-

-

-

0

0

0

28,875

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

(Recovery) loss on inferior ingredients

-

-

-

-

-

-

-1,891

3,884

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Multi-employer pension plan withdrawal costs

-

-

-

-

-

0

0

0

2,322

-

18,268

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Impairment of assets

-

-

-

-

-

-3,516

0

17

-2,500

-

-

-

-

-

-

-

-

-

-

-2,275

-

-

-

-4,489

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on acquisition

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

50,071

-

-

-

-

-

-

-

-

-

-

-

-

-

3,013

Income from operations

111,873

3,861

58,652

72,334

90,581

30,015

53,450

52,264

76,615

46,135

-52,057

68,723

98,202

22,176

66,131

81,435

95,156

51,549

69,751

80,041

96,538

41,432

70,381

65,381

98,201

57,100

53,328

74,850

149,955

59,186

52,691

47,417

59,217

40,675

47,763

43,111

61,518

43,722

46,753

51,236

62,040

51,076

48,864

Interest expense

11,639

8,479

8,705

9,192

12,471

8,296

8,180

8,214

10,996

8,302

8,194

8,436

11,625

8,748

9,440

7,649

9,068

6,466

5,992

5,998

8,359

6,385

6,285

6,494

9,124

6,788

7,077

6,191

8,819

6,396

6,708

6,078

4,229

5,061

2,838

2,372

2,149

590

1,791

1,984

2,784

2,858

2,806

Interest income

8,325

6,309

6,371

6,423

8,647

6,579

6,615

6,466

8,095

5,739

5,464

5,158

6,577

4,866

4,757

4,639

6,290

4,938

5,114

5,138

6,777

5,360

4,875

4,760

5,952

4,354

3,906

3,491

4,264

3,184

3,140

3,143

4,205

3,130

3,103

2,968

3,911

2,909

2,918

2,940

3,915

2,956

2,986

Pension plan settlement and curtailment loss

-116,207

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other components of net periodic pension and postretirement benefits expense

143

519

518

519

692

675

-171

-298

-735

-1,871

-1,321

-1,443

-1,923

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Pension plan settlement loss

-

-

-

-

-

-1,148

-930

-1,035

-4,668

-

-3,030

-

-

-

-1,832

-4,641

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

(Loss) income before income taxes

-7,791

1,172

55,800

69,046

86,065

26,475

51,126

49,779

69,781

43,824

-56,496

66,888

95,077

17,286

61,448

78,425

92,378

50,021

68,873

79,181

94,956

40,407

68,971

63,647

95,029

54,666

50,157

72,150

145,400

55,974

49,123

44,482

59,193

36,951

48,028

43,707

63,280

47,137

47,880

52,192

63,171

51,174

49,044

Income tax (benefit) expense

-2,019

-1,047

12,442

15,951

20,199

5,634

11,496

4,337

18,534

-34,709

-22,925

22,148

34,659

4,244

21,232

27,270

33,015

17,775

25,077

27,421

33,567

12,397

24,372

21,583

33,963

16,146

16,269

25,690

33,374

17,407

17,892

16,102

21,250

16,456

17,009

15,497

22,119

14,466

16,714

18,436

22,484

18,150

17,947

Net income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

40,687

33,024

31,097

Less: net income attributable to noncontrolling interest

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,098

756

Net (loss) income

-5,772

2,219

43,358

53,095

65,866

20,841

39,630

45,442

51,247

78,533

-33,571

44,740

60,418

13,042

40,216

51,155

59,363

32,246

43,796

51,760

61,389

28,010

44,599

42,064

61,066

38,520

33,888

46,460

112,026

38,567

31,231

28,380

37,943

20,301

31,019

28,210

41,161

-

31,166

33,756

-

31,926

30,341

Net (loss) income per common share:
Basic:
Net (loss) income per common share

-0.03

0.02

0.20

0.25

0.31

0.09

0.19

0.22

0.24

0.38

-0.16

0.21

0.29

0.07

0.19

0.25

0.28

0.15

0.21

0.25

0.29

0.14

0.21

0.20

0.29

0.19

0.16

0.22

0.54

0.09

0.15

0.14

0.28

-0.13

0.23

0.21

0.30

0.08

0.23

0.25

0.44

0.35

0.33

Weighted average shares outstanding

211,754

211,640

211,711

211,685

211,388

211,046

211,082

211,048

210,888

210,080

209,606

209,483

209,123

208,769

207,402

207,211

210,662

212,083

210,842

210,334

209,913

209,878

210,084

209,639

209,131

208,308

208,428

207,837

207,167

273,774

207,040

203,710

135,496

314,250

135,617

135,299

135,321

227,454

137,443

137,404

91,517

91,995

92,141

Diluted:
Net (loss) income per common share

-0.03

0.02

0.20

0.25

0.31

0.10

0.19

0.21

0.24

0.37

-0.16

0.21

0.29

0.07

0.19

0.24

0.28

0.15

0.21

0.24

0.29

0.12

0.21

0.20

0.29

0.18

0.16

0.22

0.53

0.09

0.15

0.14

0.28

-0.14

0.23

0.21

0.30

0.08

0.23

0.24

0.44

0.34

0.33

Weighted average shares outstanding

211,754

212,041

212,014

211,957

211,884

212,146

211,564

211,507

211,311

211,590

209,606

210,269

210,275

210,622

208,944

209,014

212,836

214,524

213,310

212,872

212,718

213,489

213,154

212,919

212,806

212,537

212,364

211,892

210,915

277,364

209,576

206,574

137,182

318,306

137,207

137,225

136,481

229,276

138,414

138,538

92,204

92,597

92,630

Cash dividends paid per common share

0.19

0.19

0.19

0.19

0.18

0.18

0.18

0.18

0.17

0.17

0.17

0.17

0.16

0.16

0.16

0.16

0.14

0.14

0.14

0.14

0.13

0.13

0.12

0.12

0.11

0.11

0.11

0.11

0.10

-

0.10

0.10

0.15

-

0.15

0.15

0.13

-

0.13

0.13

0.17

0.17

0.17