Insteel industries inc (IIIN)
Income statement / Yearly
Sep'19Sep'18Sep'18Sep'17Sep'16Sep'15Sep'14Sep'13Sep'12Sep'11Sep'10Sep'09
Net sales

455,713

453,217

453,217

388,871

418,547

447,504

408,978

363,896

363,303

336,909

211,586

230,236

Cost of sales

425,652

382,410

382,410

329,090

333,359

389,171

360,205

324,663

340,845

305,166

191,262

219,388

Inventory write-downs

-

-

-

-

-

-

-

-

-

-

2,333

25,941

Gross profit

30,061

70,807

70,807

59,781

85,188

58,333

48,773

39,233

22,458

31,743

17,991

-15,093

Selling, general and administrative expense

24,504

28,304

28,304

25,508

26,069

25,824

23,371

20,682

18,911

19,608

16,024

17,243

Acquisition costs

-

-

-

-

-

-

612

0

-

3,500

-

-

Pension plan settlement loss

-

0

-

-

-2,539

0

0

-

-

-

-

-

Gain from early extinguishment of debt

-

-

-

-

-

-

-

-

425

-

-

-

Restructuring charges

-

0

-

164

115

349

1,247

0

832

8,318

-

-

Bargain purchase gain

-

-

-

-

-

-

-

-

-

500

-

-

Other income, net

1,773

-274

-274

-53

-183

1,113

1,907

-333

188

222

291

135

Legal settlement

-

-

-

-

-

-

-

-

-

-

-1,487

-

Interest expense

168

114

114

136

158

320

252

235

623

958

453

641

Interest income

293

515

515

248

166

11

10

14

21

38

102

144

Earnings before income taxes

7,455

42,630

42,630

34,168

56,290

32,964

25,208

17,997

2,726

101

420

-32,698

Income taxes

1,857

6,364

6,364

11,620

19,045

11,254

8,567

6,262

917

488

-38

-11,758

Earnings (loss) from continuing operations

-

-

-

-

-

-

-

-

-

-

458

-20,940

Earnings from discontinued operations net of of income taxes of $ - , $ - and $217

-

-

-

-

-

-

-

-

-

-

15

-1,146

Net earnings

5,598

36,266

36,266

22,548

37,245

21,710

16,641

11,735

1,809

-387

473

-22,086

Net earnings per share:
Earnings (loss) from continuing operations

-

-

-

-

-

-

-

-

-

-

-

-1.20

Earnings (loss) from discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-0.07

Basic (in dollars per share)

0.29

1.90

1.90

1.19

1.99

1.18

0.91

0.65

0.10

-0.02

-

-1.27

Earnings (loss) from continuing operations

-

-

-

-

-

-

-

-

-

-

-

-1.20

Earnings (loss) from discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-0.07

Diluted (in dollars per share)

0.29

1.88

1.88

1.17

1.95

1.15

0.89

0.64

0.10

-0.02

-

-1.27

Weighted average shares outstanding:
Basic (in shares)

19,243

19,079

19,079

19,011

18,754

18,418

18,257

17,948

17,664

17,562

17,466

17,380

Diluted (in shares)

19,340

19,277

19,277

19,217

19,055

18,803

18,665

18,353

17,990

17,562

17,564

17,380

Earnings (loss) from continuing operations (in Dollars per share)

-

-

-

-

-

-

-

-

-

-

0.03

-

Earnings (loss) from discontinued operations (in Dollars per share)

-

-

-

-

-

-

-

-

-

-

0.00

-

Net earnings (loss) (in Dollars per share)

-

-

-

-

-

-

-

-

-

-

0.03

-

Cash dividends declared per share (in dollars per share)

0.12

1.12

1.12

1.37

1.12

0.12

0.12

0.37

0.12

0.12

0.12

0.12