Houston wire & cable co (HWCC)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09
Sales

338,286

356,858

317,697

261,644

-

-

-

-

-

-

-

Sales

-

-

-

-

308,133

390,011

383,292

393,036

396,410

308,522

254,819

Cost of sales

258,364

271,650

245,035

208,694

242,223

304,073

298,633

306,017

307,515

245,932

201,865

Gross profit

79,922

85,208

72,662

52,950

65,910

85,938

84,659

87,019

88,895

62,590

52,954

Operating expenses:
Salaries and commissions

37,180

38,110

36,570

29,369

28,537

31,196

30,946

30,013

28,053

25,281

20,596

Other operating expenses

33,238

30,962

28,716

24,714

25,023

26,400

26,068

25,139

24,513

20,565

18,023

Depreciation and amortization

2,502

2,178

2,772

3,018

2,915

2,919

2,978

2,941

2,952

1,738

563

Impairment charge

120

60

-

2,384

3,417

0

-

-

-

-

-

Impairment charge

-

-

-

-

-

-

7,562

-

-

-

-

Impairment of goodwill

-

-

-

-

-

-

-

0

0

-

-

Total operating expenses

73,040

71,310

68,058

59,485

59,892

60,515

67,554

58,093

55,518

47,584

39,182

Operating income

6,882

13,898

4,604

-6,535

6,018

25,423

17,105

28,926

33,377

15,006

13,772

Interest expense

3,057

2,907

2,073

845

901

1,168

992

1,252

1,424

844

520

Income before income taxes

3,825

10,991

2,531

-7,380

5,117

24,255

16,113

-

-

-

-

Income before income taxes

-

-

-

-

-

-

-

27,674

31,953

14,162

13,252

Income tax expense

1,275

2,355

2,753

-1,374

3,073

9,283

8,211

10,635

12,276

5,543

5,220

Net income

2,550

8,636

-222

-6,006

2,044

14,972

7,902

17,039

19,677

8,619

8,032

Earnings per share:
Basic (in dollars per share)

0.16

0.53

-0.01

-0.37

0.12

0.85

0.44

0.96

1.11

0.49

0.46

Diluted (in dollars per share)

0.15

0.52

-0.01

-0.37

0.12

0.85

0.44

0.96

1.11

0.49

0.45

Weighted average common shares outstanding:
Basic (in shares)

16,433

16,389

16,269

16,345

17,012

17,605

17,805

17,723

17,679

17,657

17,648

Diluted (in shares)

16,552

16,523

16,269

16,345

17,067

17,683

17,900

17,815

17,801

17,710

17,665

Dividends declared per share (in dollars per share)

-

-

-

0.15

0.42

0.47

0.42

0.36

0.35

0.34

0.34