Innovative solutions & support inc (ISSC)
Income statement / Yearly
Sep'19Sep'18Sep'17Sep'16Sep'15Sep'14Sep'13Sep'12Sep'11Sep'10Sep'09
Net sales:
Total net sales

17,572

13,850

16,786

-

-

-

-

-

-

-

-

Product

-

-

-

26,985

14,573

29,975

23,459

18,289

25,174

23,383

31,855

Engineering development contracts

-

-

-

983

5,493

14,119

8,108

6,288

562

1,873

4,879

Total net sales

-

-

-

27,969

20,067

44,095

31,567

24,578

25,737

25,257

36,734

Cost of sales:
Product

-

-

-

11,112

8,417

15,050

10,601

9,389

11,790

10,732

16,601

Engineering development contracts

-

-

-

369

4,717

15,458

8,341

4,678

154

787

1,294

Total cost of sales

7,676

7,311

8,668

11,482

13,135

30,508

18,942

14,067

11,945

11,520

17,895

Gross profit

9,896

6,538

8,118

16,487

6,931

13,586

12,624

10,510

13,792

13,737

18,838

Operating expenses:
Research and development

2,489

3,575

4,456

4,873

2,705

2,618

2,578

2,693

5,500

5,234

5,313

Selling, general and administrative

5,877

6,674

3,739

9,170

7,847

11,111

8,119

7,400

7,683

8,099

8,647

Total operating expenses

8,367

10,249

8,195

14,044

10,552

13,729

10,697

10,093

13,184

13,333

13,960

Operating income

1,528

-3,711

-77

2,443

-3,620

-142

1,927

416

607

403

4,877

Interest income

249

53

35

33

24

21

41

101

143

188

398

Interest (expense)

-

-

-

-

-

-

-

0

1

2

82

Other income

73

67

4,858

78

33

37

38

65

150

50

50

Income before income taxes

1,852

-3,590

4,816

2,555

-3,562

-83

-

-

-

-

-

(Loss) income before income taxes

-

-

-

-

-

-

2,006

581

900

639

5,243

Income tax (benefit) expense

1

63

247

568

2,303

-283

119

-2,397

183

-109

234

Net income

1,850

-3,653

4,568

1,986

-5,866

200

1,886

2,978

716

748

5,008

Net income per common share:
Basic (in dollars per share)

0.11

-0.22

0.27

0.12

-0.35

0.01

0.11

0.18

0.04

0.04

0.30

Diluted (in dollars per share)

0.11

-0.22

0.27

0.12

-0.35

0.01

0.11

0.18

0.04

0.04

0.30

Cash dividend per share (in dollars per share)

-

-

-

-

-

-

1.50

-

-

-

-

Weighted average shares outstanding:
Basic (in shares)

16,867

16,805

16,742

16,927

16,924

16,927

16,753

16,641

16,782

16,751

16,745

Diluted (in shares)

16,942

16,805

16,855

17,039

16,924

17,149

16,855

16,641

16,824

16,777

16,760

Product
Total net sales

16,165

13,450

16,133

-

-

-

-

-

-

-

-

Total cost of sales

7,038

7,120

8,294

-

-

-

-

-

-

-

-

Engineering development contracts
Total net sales

1,407

399

653

-

-

-

-

-

-

-

-

Total cost of sales

637

191

374

-

-

-

-

-

-

-

-