FRIEDMAN INDUSTRIES INC FRD Income Statement

Friedman industries inc (FRD)

Income statement / TTM

Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10
Net sales
151,324	166,500	179,936	187,154	188,914	173,621	146,267	121,157	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net sales
-	-	-	-	-	-	-	-	-	-	-	-	72,648	75,208	80,056	81,631	91,003	96,008	104,386	108,322	114,983	119,705	114,471	116,149	116,127	119,572	126,596	136,448	148,048	153,316	162,021	161,521	159,960	154,108	141,422	131,709	0	0	0
Costs and expenses
Costs of goods sold
149,743	163,041	171,750	174,247	171,665	156,579	131,668	111,208	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Costs of goods sold
-	-	-	-	-	-	-	-	-	-	-	-	73,199	74,863	78,757	76,937	86,130	91,343	98,208	103,244	108,567	112,701	108,810	109,086	107,666	110,073	114,398	122,047	132,109	136,328	143,923	143,915	140,772	135,082	123,395	114,401	0	0	0
General, selling and administrative costs
4,608	4,462	4,498	4,782	5,055	5,000	4,636	4,181	4,014	3,972	3,963	4,018	3,970	4,112	4,409	4,670	4,711	4,588	4,672	4,453	4,523	4,668	4,417	4,587	4,721	4,783	5,060	5,314	5,466	5,527	5,631	5,491	5,642	5,559	5,396	5,251	0	0	0
Interest expense
0	-	-	-	0	0	-	-	0	0	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Costs and expenses, total
156,078	169,229	177,989	180,771	176,758	161,623	136,332	115,417	96,969	86,027	79,804	81,965	77,169	78,975	83,167	81,608	90,842	95,931	102,881	107,698	113,090	117,370	113,228	113,674	112,387	114,856	119,458	127,362	137,576	141,856	149,555	149,407	146,415	140,642	128,792	119,652	0	0	0
EARNINGS FROM OPERATIONS
-	-	0	-	-	-	0	-	-	-	0	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest and other income
380	382	384	440	87	85	83	24	27	38	48	59	56	370	372	375	378	65	63	61	61	61	61	62	62	62	62	58	86	86	86	91	62	62	60	57	0	0	0
Earnings (loss) before income taxes
-4,373	-2,347	2,330	6,823	12,242	12,083	10,017	5,764	1,308	216	-1,310	-4,150	-4,464	-3,396	-2,737	398	539	141	1,568	685	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Earnings before income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,801	4,777	7,199	9,145	10,559	11,546	12,551	12,206	13,607	13,528	12,691	12,113	0	0	0
Provision for (benefit from) income taxes:
Current
-96	-58	1,075	2,050	2,471	2,252	1,519	452	38	-25	113	-714	-637	-461	-746	325	353	315	846	680	845	983	625	996	1,391	1,703	2,506	3,093	3,560	3,899	4,236	4,146	4,364	4,342	4,025	3,835	0	0	0
Deferred
-881	-438	-439	-326	492	1,055	1,328	1,377	726	95	-571	-757	-1,001	-831	-297	-221	-178	-241	-304	-377	-115	-111	-106	-172	-163	-161	-158	-83	-92	-93	-95	-90	95	104	113	122	0	0	0
Income tax
-977	-496	635	1,724	2,964	3,307	2,848	1,830	764	70	-457	-1,472	-1,638	-1,293	-1,044	104	174	73	542	303	729	872	518	823	1,228	1,541	2,347	3,009	3,467	3,806	4,140	4,056	4,459	4,446	4,139	3,958	0	0	0
Net earnings (loss)
-3,396	-1,850	1,694	5,099	9,278	8,775	7,169	3,934	543	146	-853	-2,678	-2,825	-2,103	-1,693	294	365	67	1,026	382	1,224	1,524	786	1,712	2,573	3,235	4,852	6,135	7,091	7,740	8,410	8,150	9,148	9,082	8,551	8,155	0	0	0
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