Houston wire & cable co (HWCC)
Income statement / Quarterly
Mar'20Dec'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'11Sep'10Jun'10
Sales

83,533

82,287

85,403

85,326

85,270

87,906

90,074

93,852

85,026

-

81,196

75,646

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Sales

-

-

-

-

-

-

-

-

-

-

-

-

78,709

-

65,222

62,454

64,711

70,314

78,260

77,959

81,600

89,530

96,721

103,461

100,299

94,442

95,214

99,332

94,304

104,379

96,113

98,082

94,462

87,481

105,782

103,420

99,727

90,536

63,269

Cost of sales

63,941

63,592

65,972

64,789

64,011

66,927

68,681

71,505

64,537

61,303

62,626

59,328

61,778

54,181

53,177

50,024

51,312

55,194

62,129

61,024

63,876

68,812

75,644

81,022

78,595

73,809

74,292

77,607

72,925

82,362

74,501

75,830

73,324

67,564

82,776

79,700

77,475

72,962

50,516

Gross profit

19,592

18,695

19,431

20,537

21,259

20,979

21,393

22,347

20,489

20,843

18,570

16,318

16,931

15,076

12,045

12,430

13,399

15,120

16,131

16,935

17,724

20,718

21,077

22,439

21,704

20,633

20,922

21,725

21,379

22,017

21,612

22,252

21,138

19,917

23,006

23,720

22,252

17,574

12,753

Operating expenses:
Salaries and commissions

9,474

9,507

9,249

9,244

9,180

9,232

9,778

9,906

9,194

9,923

8,975

8,828

8,844

8,474

7,148

6,838

6,909

6,820

7,311

7,168

7,238

7,356

7,656

8,061

8,123

7,558

7,636

7,785

7,967

7,611

7,478

7,695

7,229

7,511

7,823

5,415

7,304

7,191

5,171

Other operating expenses

7,565

8,244

9,602

7,729

7,663

7,946

8,028

7,508

7,480

7,413

6,999

6,827

7,477

7,412

5,969

5,496

5,837

6,394

6,300

6,281

6,048

6,478

6,702

6,728

6,492

6,933

6,539

6,315

6,281

6,221

6,256

6,288

6,374

6,399

6,071

5,980

6,063

5,644

4,424

Depreciation and amortization

767

748

667

534

553

551

541

541

545

538

549

825

860

820

732

774

692

740

737

726

712

677

739

762

741

734

741

758

745

747

722

739

733

701

726

798

727

676

154

Impairment charge

200

-

-

-

-

-

-

-

-

-

-

-

-

-

0

2,384

-

-

0

2,994

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Impairment charge

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Impairment of goodwill

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

7,562

-

-

-

0

-

-

-

-

-

-

-

-

Total operating expenses

18,006

18,619

19,518

17,507

17,396

17,789

18,347

17,955

17,219

17,874

16,523

16,480

17,181

16,706

13,849

15,492

13,438

14,377

14,348

17,169

13,998

14,511

15,097

15,551

15,356

15,225

22,478

14,858

14,993

14,579

14,456

14,722

14,336

14,611

14,620

12,193

14,094

13,511

9,749

Operating income

1,586

76

-87

3,030

3,863

3,190

3,046

4,392

3,270

2,969

2,047

-162

-250

-1,630

-1,804

-3,062

-39

743

1,783

-234

3,726

6,207

5,980

6,888

6,348

5,408

-1,556

6,867

6,386

7,438

7,156

7,530

6,802

5,306

8,386

11,527

8,158

4,063

3,004

Interest expense

813

766

812

738

741

751

739

773

644

581

543

499

450

392

129

149

175

182

237

217

265

302

253

345

268

239

228

252

273

323

334

329

266

325

371

395

333

318

72

Income before income taxes

773

-690

-899

2,292

3,122

2,439

2,307

3,619

2,626

2,388

1,504

-661

-700

-2,022

-1,933

-3,211

-214

561

1,546

-451

3,461

-

5,727

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income before income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6,543

6,080

-

-1,784

6,615

6,113

7,115

6,822

7,201

6,536

4,981

8,015

11,132

7,825

3,745

2,932

Income tax expense

228

-34

-178

649

838

811

-148

1,013

679

392

3,215

-607

-247

-196

-494

-654

-30

760

870

168

1,275

2,237

2,199

2,512

2,335

2,020

1,378

2,562

2,251

2,745

2,590

2,780

2,520

1,929

3,050

4,290

3,007

1,512

1,155

Net income

545

-656

-721

1,643

2,284

1,628

2,455

2,606

1,947

1,996

-1,711

-54

-453

-1,826

-1,439

-2,557

-184

-199

676

-619

2,186

3,668

3,528

4,031

3,745

3,149

-3,162

4,053

3,862

4,370

4,232

4,421

4,016

3,052

4,965

6,842

4,818

2,233

1,777

Earnings per share:
Basic (in dollars per share)

0.03

-0.04

-0.04

0.10

0.14

0.10

0.15

0.16

0.12

0.13

-0.11

0.00

-0.03

-0.11

-0.09

-0.16

-0.01

-0.01

0.04

-0.04

0.13

0.21

0.20

0.23

0.21

0.17

-0.18

0.23

0.22

0.24

0.24

0.25

0.23

0.17

0.28

0.39

0.27

0.13

0.10

Diluted (in dollars per share)

0.03

-0.05

-0.04

0.10

0.14

0.09

0.15

0.16

0.12

0.13

-0.11

0.00

-0.03

-0.11

-0.09

-0.16

-0.01

-0.01

0.04

-0.04

0.13

0.21

0.20

0.23

0.21

0.17

-0.18

0.23

0.22

0.24

0.24

0.25

0.23

0.18

0.28

0.38

0.27

0.13

0.10

Weighted average common shares outstanding:
Basic (in shares)

16,387

16,308

16,443

16,504

16,477

16,417

16,404

16,387

16,349

16,296

16,274

16,266

16,241

16,215

16,302

16,383

16,481

16,633

17,017

17,101

17,296

17,401

17,520

17,647

17,850

17,838

17,830

17,800

17,752

17,736

17,732

17,725

17,698

17,685

17,685

17,682

17,664

17,660

17,655

Diluted (in shares)

16,436

16,593

16,443

16,597

16,577

16,618

16,563

16,489

16,422

16,296

16,274

16,266

16,241

16,215

16,302

16,383

16,481

16,719

17,072

17,101

17,376

17,470

17,608

17,713

17,944

18,026

17,830

17,898

17,845

17,826

17,814

17,805

17,814

17,798

17,814

17,816

17,775

17,697

17,714

Dividends declared per share (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

0.00

0.03

0.06

0.06

0.06

0.12

0.12

0.12

0.12

0.12

0.12

0.11

0.11

0.11

0.11

0.09

0.09

0.09

0.09

0.09

0.09

0.09

0.09

0.08

0.08

0.08