JASON INDUSTRIES, INC. JASN Income Statement

Jason industries, inc. (JASN)

Income statement / Quarterly

Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Sep'18	Jun'18	Jun'18	Mar'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
Net sales
-27,994	85,610	138,303	141,978	-74,748	145,295	107,029	168,424	168,424	167,254	167,254	-121,004	155,430	172,477	175,193	158,750	170,108	185,687	190,974	173,778	171,174	187,578	175,836	164,167	161,168	-	-	-	-
Cost of goods sold
-35,252	70,840	114,305	113,398	-69,594	116,818	84,562	131,302	131,302	131,582	131,582	-105,798	123,457	136,833	140,584	133,537	139,261	148,531	153,083	142,500	135,733	145,954	136,889	132,913	137,763	-	-	-	-
Gross profit
7,258	14,770	23,998	28,580	-5,154	28,477	22,467	37,122	37,122	35,672	35,672	-15,206	31,973	35,644	34,609	25,213	30,847	37,156	37,891	31,278	35,441	41,624	38,947	31,254	23,405	-	-	-	-
Selling and administrative expenses
6,163	20,416	26,400	25,221	2,171	24,514	20,169	28,888	28,888	27,524	27,524	-457	26,170	25,242	26,656	27,282	25,941	28,273	32,301	33,653	31,704	32,521	31,493	27,102	30,081	-	-	-	-
Non-cash impairment charge
-	20,597	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss (gain) on disposals of property, plant and equipment-net
-281	-14	0	-8	1,475	91	88	-11	-11	-234	-234	-584	639	-65	330	-123	-68	14	-703	-95	8	4	-26	-57	0	-	-	-	-
Restructuring
-108	1,277	1,212	1,573	-1,487	1,185	298	1,464	1,464	602	602	-521	1,772	543	681	2,166	566	1,783	2,717	167	923	1,010	1,700	1,028	103	-	-	-	-
Transaction-related expenses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	710	176	1,129	1,404	-	-	-	-
Revenue
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0
General and administrative expenses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	82	3,545	315	220
Transaction expenses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,559	-	-	-
Operating (loss) income
21,519	-27,534	-3,614	1,778	-4,363	2,869	2,088	6,759	6,759	7,312	7,312	-14,812	4,670	9,794	7,602	-67,643	4,272	7,114	2,170	-96,759	2,822	7,387	5,548	1,938	-8,183	-1,642	-3,545	-315	-220
Interest expense-net
8,205	8,180	8,362	8,231	8,521	8,348	8,326	8,403	8,403	8,027	8,027	7,987	8,203	8,395	8,366	7,950	7,906	7,963	8,024	8,415	7,996	7,918	7,506	8,363	7,809	-	-	-	-
Gain on extinguishment of debt
-	-	-	-	-	0	-	0	-	-	-	-	819	1,564	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-
Equity income
149	45	38	84	121	468	468	335	335	100	100	237	295	277	143	224	146	142	169	206	136	260	282	211	170	-	-	-	-
Loss on divestiture
-	-	-	-	-	0	-	0	-	-	-	-	-842	-7,888	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-
Gain from sale of joint ventures
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-
Other income-net
513	932	-371	24	152	51	51	484	484	71	71	-3	58	90	113	252	247	283	118	-36	48	50	35	110	57	-	-	-	-
Loss from continuing operations before income taxes
13,976	-34,737	-12,309	-6,345	-12,611	-4,960	-5,719	-825	-825	-544	-544	-22,747	-3,203	-4,558	-508	-75,117	-3,241	-424	-5,567	-105,004	-4,990	-221	-1,641	-6,104	-15,765	-	-	-	-
Tax provision (benefit)
7,189	-4,691	807	711	-3,235	552	-1,435	-238	-470	275	94	-14,176	-1,602	179	-15	-4,997	-694	1,946	-2,551	-20,338	-1,814	644	-747	-1,913	-5,976	-	-	-	-
Net loss from continuing operations
-	-30,046	-	-	-	-	-4,284	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net (loss) income from discontinued operations, net of tax
-	-3,121	-	-	-	-	-174	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net loss
-	-	-13,116	-7,056	-6,655	-5,512	-	-587	-355	-819	-638	2,358	-1,601	-4,737	-493	-70,120	-2,547	-2,370	-3,016	-84,666	-3,176	-865	-894	-4,191	-9,789	-	-	-	-
Less net gain (loss) attributable to noncontrolling interests
-	-	-	-	0	0	-	0	-	0	-	0	0	0	5	-9,493	-415	-400	-510	-14,309	-537	-146	-151	-708	-1,654	-	-	-	-
Interest income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	9	14	15	6
Net loss attributable to Jason Industries
-	-33,167	-	-	-7,296	-5,512	-4,458	-587	-	-819	-	2,358	-1,601	-4,737	-498	-60,627	-2,132	-1,970	-2,506	-70,357	-2,639	-719	-743	-3,483	-8,135	-1,633	-3,531	-299	-213
Accretion of preferred stock dividends and redemption premium
862	845	828	812	797	781	781	765	765	1,727	1,727	974	955	936	918	900	900	900	900	900	900	900	900	900	910	-	-	-	-
Net loss allocable to common shareholders of Jason Industries
-29,131	-34,012	-13,944	-7,868	-8,506	-6,293	-5,239	-1,352	-1,120	-2,546	-2,365	1,384	-2,556	-5,673	-1,416	-61,527	-3,032	-2,870	-3,406	-71,257	-3,539	-1,619	-1,643	-4,383	-9,045	-	-	-	-
Basic and diluted net (loss) income per share allocable to common shareholders of Jason Industries:
Net loss per share from continuing operations (in dollars per share)
-	-1.08	-	-	-	-	-0.18	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net (loss) income per share from discontinued operations (in dollars per share)
-	-0.11	-	-	-	-	-0.01	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Basic and diluted net loss per share (in dollars per share)
-1.02	-1.19	-0.49	-0.28	-0.30	-0.23	-0.19	-0.05	-0.04	-0.09	-0.09	0.05	-0.10	-0.22	-0.05	-2.74	-0.13	-0.13	-0.15	-3.23	-0.16	-0.07	-0.07	-0.20	-0.41	-0.19	-0.43	-0.04	-0.03
Weighted average number of common shares outstanding:
Basic and diluted (in shares)
28,903	28,632	28,439	27,962	27,691	27,683	27,683	27,677	27,677	27,329	27,329	26,261	26,241	26,042	25,784	22,746	22,499	22,395	22,388	22,417	22,161	22,011	21,991	21,991	21,991	8,610	8,267	8,056	6,996