GORMAN RUPP CO GRC Income Statement

Dec'19	Dec'18	Dec'17	Dec'16	Dec'15	Dec'14	Dec'13	Dec'12	Dec'11	Dec'10	Dec'09
Net sales
398,179	414,334	379,389	382,071	406,150	434,925	391,665	375,691	359,490	296,808	266,242
Cost of products sold
295,504	304,413	278,181	289,543	313,570	327,366	298,010	285,540	271,653	220,471	204,469
Gross profit
102,675	109,921	101,208	92,528	92,580	107,559	93,655	90,151	87,837	76,337	61,773
Selling, general and administrative expenses
58,835	59,282	55,474	54,294	56,189	54,254	51,734	47,968	44,843	37,378	35,380
Impairment of goodwill and other intangible assets
-	-	4,098	1,800	0	0	-	-	-	-	-
Operating income
43,840	50,639	41,636	36,434	36,391	53,305	41,921	42,183	42,994	38,959	26,393
Other income (expense), net
1,326	-323	-2,258	48	875	940	3,050	907	409	362	1,209
Other expense
-	-	-	-	-	511	694	643	718	988	347
Income before income taxes
45,166	50,316	39,378	36,482	37,266	53,734	44,277	42,447	42,685	38,333	27,255
Income taxes
9,351	10,337	12,823	11,599	12,157	17,593	14,173	14,244	13,881	12,370	8,986
Net income
35,815	39,979	26,555	24,883	25,109	36,141	30,104	28,203	28,804	25,963	18,269
Earnings per share (in dollars per share)
1.37	1.53	1.02	0.95	0.96	1.38	1.15	1.07	1.10	1.24	0.87
Average number of shares outstanding (in shares)
26,127	26,112	26,100	26,087	26,192	26,256	26,249	26,242	26,234	20,905	20,886,309