Friedman industries inc (FRD)
Income statement / Quarterly
Dec'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'11Dec'10Sep'10Jun'10
Net sales

28,150

39,995

40,975

42,203

43,326

53,432

48,193

43,962

28,033

26,077

23,083

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net sales

-

-

-

-

-

-

-

-

-

-

-

-

15,988

18,317

22,393

15,948

18,548

23,165

23,968

25,321

23,552

31,544

27,904

31,981

28,274

26,310

29,582

31,960

31,719

33,334

39,434

43,559

36,987

42,039

38,935

41,998

31,135

29,353

29,222

Costs and expenses
Costs of goods sold

28,097

40,778

39,503

41,363

41,395

49,487

42,000

38,781

26,308

24,577

21,539

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Costs of goods sold

-

-

-

-

-

-

-

-

-

-

-

-

15,417

18,363

23,646

15,772

17,080

22,258

21,826

24,964

22,293

29,123

26,862

30,287

26,427

25,232

27,138

28,867

28,835

29,557

34,787

38,929

33,054

37,152

34,778

35,786

27,365

25,465

25,784

General, selling and administrative costs

1,200

1,253

1,208

946

1,054

1,289

1,492

1,219

999

924

1,038

1,052

957

915

1,092

1,004

1,099

1,212

1,353

1,045

976

1,296

1,134

1,115

1,121

1,045

1,304

1,249

1,183

1,322

1,559

1,400

1,244

1,426

1,419

1,552

1,160

1,264

1,274

Interest expense

2

-

-

-

1

15

-

-

8

0

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Costs and expenses, total

29,300

42,032

40,712

44,033

42,451

50,792

43,493

40,020

27,316

25,501

22,578

21,572

16,374

19,279

24,739

16,776

18,180

23,470

23,180

26,010

23,270

30,420

27,997

31,403

27,549

26,278

28,443

30,116

30,019

30,879

36,346

40,330

34,298

38,579

36,198

37,338

28,526

26,729

27,058

EARNINGS FROM OPERATIONS

-

-

262

-

-

-

4,699

-

-

-

504

-

-

-

-2,345

-

-

-

788

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest and other income

4

4

6

365

6

6

62

11

4

4

4

14

14

14

14

12

328

17

17

15

15

15

15

15

15

15

15

15

15

15

12

43

15

15

17

14

15

14

14

Earnings (loss) before income taxes

-1,145

-2,032

269

-1,465

880

2,645

4,762

3,953

721

580

509

-502

-370

-946

-2,330

-815

696

-287

805

-673

297

1,139

-77

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Earnings before income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

740

47

1,154

1,859

1,716

2,469

3,100

3,272

2,703

3,475

2,754

4,673

2,624

2,637

2,177

Provision for (benefit from) income taxes:
Current

244

-385

90

-46

282

748

1,066

373

63

15

0

-41

0

154

-828

36

175

-130

244

63

137

401

78

227

275

43

448

623

587

846

1,035

1,090

927

1,182

946

1,308

905

866

755

Deferred

-509

-102

-16

-252

-66

-104

96

566

496

169

144

-84

-134

-497

-41

-327

35

35

35

-284

-27

-27

-37

-23

-23

-23

-102

-14

-20

-20

-27

-22

-22

-22

-22

163

-13

-13

-13

Income tax

-264

-487

74

-299

216

644

1,162

940

559

184

144

-125

-134

-342

-869

-291

211

-94

279

-221

110

373

40

204

252

20

346

609

566

825

1,008

1,067

904

1,160

923

1,471

891

853

742

Net earnings (loss)

-881

-1,544

194

-1,165

664

2,000

3,599

3,013

161

395

364

-376

-236

-603

-1,461

-523

485

-193

525

-452

187

765

-118

389

487

27

808

1,249

1,150

1,644

2,091

2,204

1,799

2,314

1,831

3,202

1,733

1,784

1,435

Weighted average number of common shares outstanding:
Basic (in shares)

6,999

6,999

6,999

7,012

7,009

7,009

7,009

7,009

7,009

7,009

7,009

7,009

6,799

6,799

6,799

6,799

6,799

6,799

6,799

6,799

6,799

6,799

6,799

6,799

6,799

6,799

6,799

6,799

6,799

6,799

6,799

6,799

6,799

6,799

6,799

6,799

6,799

6,799

6,799

Diluted (in shares)

6,999

6,999

6,999

7,012

7,009

7,009

7,009

7,009

7,009

7,009

7,009

7,009

6,799

6,799

6,799

6,799

6,799

6,799

6,799

6,799

6,799

6,799

6,799

6,799

6,799

6,799

6,799

6,799

6,799

6,799

6,799

6,799

6,799

6,799

6,799

6,799

6,799

6,799

6,799

Net earnings (loss) per share:
Basic (in dollars per share)

-0.13

-0.22

0.03

-0.16

0.09

0.29

0.51

0.44

0.02

0.05

0.05

-0.06

-0.03

-0.09

-0.21

-0.08

0.07

-0.03

0.08

-0.06

0.03

0.11

-0.02

0.06

0.07

0.00

0.12

0.18

0.17

0.24

0.31

0.33

0.26

0.34

0.27

0.48

0.25

0.26

0.21

Diluted (in dollars per share)

-0.13

-0.22

0.03

-0.16

0.09

0.29

0.51

0.44

0.02

0.05

0.05

-0.06

-0.03

-0.09

-0.21

-0.08

0.07

-0.03

0.08

-0.06

0.03

0.11

-0.02

0.06

0.07

0.00

0.12

0.18

0.17

0.24

0.31

0.33

0.26

0.34

0.27

0.48

0.25

0.26

0.21

Cash dividends declared per common share (in dollars per share)

0.02

0.02

0.04

-

0.06

0.06

0.03

-

0.01

0.01

0.01

-

0.01

0.01

0.01

-

0.01

0.01

0.01

-

0.02

0.02

0.02

-

0.02

0.08

0.08

-

0.63

0.13

0.13

-

0.13

0.13

0.13

-

0.61

0.08

0.04