INNOVATIVE SOLUTIONS & SUPPORT INC ISSC Income Statement

Innovative solutions & support inc (ISSC)

Income statement / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Jun'10
Net sales:
Total net sales
0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total net sales
-	-	-	0	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Product
-	-	-	-	-	-	-	-	-	-	-	-	-	24,520	26,985	23,192	20,931	15,964	14,573	18,739	22,214	26,786	29,975	28,852	27,672	26,458	23,459	22,784	20,568	19,007	18,289	19,615	21,310	22,739	25,174	26,355	0	0	0
Engineering development contracts
-	-	-	-	-	-	-	-	-	-	-	-	-	689	983	1,693	2,369	3,962	5,493	8,108	10,290	12,927	14,119	13,361	12,744	9,678	8,108	7,673	7,246	7,352	6,288	4,524	2,667	1,224	562	706	0	0	0
Returns and allowances
-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total net sales
-	-	-	-	-	-	-	-	-	-	-	18,781	20,744	24,751	27,969	24,886	23,301	19,926	20,067	26,848	32,504	39,713	44,095	42,214	40,416	36,136	31,567	30,457	27,814	26,359	24,578	24,140	23,977	23,963	25,737	27,061	0	0	0
Cost of sales:
Product
-	-	-	-	-	-	-	-	-	-	-	-	-	9,944	11,112	9,960	9,770	9,084	8,417	10,365	11,989	13,493	15,050	14,593	13,517	12,239	10,601	10,029	9,326	9,507	9,389	10,212	10,846	10,936	11,790	11,441	0	0	0
Engineering development contracts
-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Engineering development contracts
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,355	4,717	7,347	10,149	13,652	15,458	14,705	13,700	10,532	8,341	7,323	6,212	5,427	4,678	2,920	1,578	702	154	190	0	0	0
Total cost of sales
8,457	7,774	7,676	7,562	7,305	7,530	7,311	7,856	8,213	8,433	8,668	9,130	9,587	10,042	11,482	11,128	11,495	12,440	13,135	17,712	22,138	27,145	30,508	29,298	27,217	22,771	18,942	17,352	15,538	14,934	14,067	13,132	12,425	11,639	11,945	11,631	0	0	0
Gross profit
10,281	10,332	9,896	8,853	7,910	7,209	6,538	6,574	7,368	8,075	8,118	9,651	11,157	14,709	16,487	13,757	11,805	7,485	6,931	9,135	10,365	12,567	13,586	12,915	13,198	13,364	12,624	13,105	12,275	11,424	10,510	11,008	11,551	12,323	13,792	15,429	0	0	0
Operating expenses:
Research and development
2,623	2,560	2,489	2,559	2,865	3,248	3,575	4,049	4,257	4,294	4,456	4,590	4,759	5,027	4,873	4,277	3,671	2,981	2,705	2,784	2,632	2,646	2,618	2,298	2,209	2,354	2,578	2,776	2,632	2,754	2,693	3,314	4,307	4,937	5,500	5,594	0	0	0
Selling, general and administrative
-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Selling, general and administrative
6,114	6,107	5,877	6,082	6,292	6,525	6,674	0	0	0	-	-	-	-	-	-	-	8,599	7,847	10,388	10,845	11,306	11,111	7,412	8,158	8,059	8,119	8,075	7,319	7,211	7,400	7,555	7,566	7,587	7,683	7,732	0	0	0
Total operating expenses
8,738	8,667	8,367	8,641	9,158	9,773	10,249	10,768	11,031	7,609	8,195	8,255	8,988	13,552	14,044	14,745	13,290	11,581	10,552	13,172	13,478	13,952	13,729	9,710	10,368	10,413	10,697	10,851	9,952	9,965	10,093	10,869	11,873	12,525	13,184	13,326	0	0	0
Operating income
1,543	1,664	1,528	211	-1,247	-2,563	-3,711	-4,194	-3,663	466	-77	1,395	2,169	1,156	2,443	-987	-1,484	-4,095	-3,620	-4,037	-3,112	-1,385	-142	3,204	2,830	2,951	1,927	2,253	2,323	1,459	416	138	-321	-201	607	2,102	0	0	0
Interest income
346	306	249	165	80	65	53	44	37	35	35	36	37	36	33	30	28	25	24	18	17	17	21	29	33	34	41	70	82	96	101	86	93	118	143	188	0	0	0
Interest (expense)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	1	1	1	1	0	0	0
Other income
69	69	73	71	63	68	67	736	735	4,860	4,858	4,181	4,178	65	78	73	72	54	33	46	43	42	37	30	27	32	38	36	39	34	65	58	50	42	150	0	0	0	-
Income before income taxes
1,958	2,040	1,852	448	-1,103	-2,430	-3,590	-3,412	-2,889	5,362	4,816	5,614	6,386	1,258	2,555	1,745	868	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
(Loss) income before income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	3,265	2,891	3,017	2,006	2,360	2,445	1,590	581	282	-179	-42	900	2,439	0	0	0
Income tax (benefit) expense
-315	1	1	9	9	202	63	12	-524	480	247	462	1,026	250	568	90	3,348	2,660	2,303	1,419	-1,688	-1,110	-283	820	636	439	119	-2,144	-2,012	-2,049	-2,397	65	-57	-131	183	346	0	0	0
Net income
2,274	2,038	1,850	438	-1,113	-2,632	-3,653	-3,425	-2,365	4,881	4,568	5,151	5,359	1,007	1,986	-974	-4,732	-6,675	-5,866	-5,391	-1,362	-214	200	2,444	2,255	2,577	1,886	4,505	4,457	3,639	2,978	217	-121	88	716	0	0	0	-
Net income per common share:
Net income (loss)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Basic (in dollars per share)
0.03	0.02	0.06	0.03	0.01	0.01	-0.03	-0.06	-0.08	-0.05	-0.01	0.00	0.35	-0.07	0.03	0.01	0.09	-0.01	-0.16	-0.21	-0.02	0.04	-0.13	0.03	0.05	0.06	0.00	0.02	0.07	0.02	0.16	0.02	0.02	-0.02	-0.01	0.00	0.03	0.02	0.08
Diluted (in dollars per share)
0.03	0.02	0.06	0.03	0.01	0.01	-0.03	-0.06	-0.08	-0.05	-0.01	0.00	0.35	-0.07	0.03	0.01	0.09	-0.01	-0.15	-0.21	-0.02	0.03	-0.13	0.03	0.05	0.06	0.00	0.02	0.07	0.02	0.16	0.02	0.02	-0.02	-0.01	0.00	0.03	0.02	0.08
Cash dividend per share (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.00	0.00	0.00	1.50	-	-	-	-	-	-	-	-	-
Weighted average shares outstanding:
Basic (in shares)
16,931	16,909	16,888	16,880	16,860	16,840	16,823	16,816	16,800	16,783	16,763	16,755	16,735	16,716	16,931	16,941	16,925	16,909	16,905	16,910	16,925	16,955	16,956	16,951	16,915	16,888	16,836	16,790	16,776	16,608	16,581	16,627	16,636	16,721	16,782	16,793	16,782	16,770	16,760
Diluted (in shares)
17,123	17,081	17,074	16,978	16,875	16,840	16,823	16,816	16,800	16,783	16,989	16,870	16,847	16,716	17,169	17,059	17,018	16,909	16,820	16,910	16,925	17,040	17,171	17,177	17,152	17,094	17,051	16,981	16,781	16,608	16,581	16,627	16,636	16,721	16,856	16,793	16,838	16,810	16,799
Product
Total net sales
0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total net sales
-	-	-	0	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total cost of sales
8,056	7,159	7,038	7,041	6,746	7,250	7,120	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Engineering development contracts
Total net sales
0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total net sales
-	-	-	0	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total cost of sales
400	614	637	524	0	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-