Communications systems inc (JCS)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09
Sales

50,906

42,369

82,322

-

-

-

-

-

-

-

-

Cost of sales

28,720

24,747

61,486

-

-

-

-

-

-

-

-

Sales

-

-

-

99,352

107,669

119,071

131,319

104,249

143,775

120,072

109,792

Cost of sales

-

-

-

72,771

76,123

76,912

86,420

62,752

84,879

68,871

67,943

Gross profit

22,185

17,622

20,836

26,581

-

-

-

-

-

-

-

Operating expenses:
Selling, general and administrative expenses

22,176

22,372

28,699

35,185

40,829

38,627

36,742

38,100

40,108

35,586

31,434

Impairment loss

-

-

1,617

-

-

-

-

-

-

-

-

Pension liability adjustment gains

-

-

-

-4,147

-

-

-

-

-

-

-

Plan settlement costs

-

-

-

-

1,222

-

-

-

-

-

-

Impairment loss

-

-

-

-

-

-

5,849

-

1,271

-

196

Restructuring expense

-

-

2,284

-

0

237

1,149

-

-

-

-

Total operating expenses

22,176

22,372

32,601

31,038

-

-

-

-

-

-

-

Total operating expenses

-

-

-

-

118,175

115,778

130,163

100,853

126,260

104,457

99,573

Operating loss from continuing operations

9

-4,750

-11,764

-4,456

-10,505

3,292

1,156

3,396

17,514

15,614

10,218

Other income (expenses):
Investment and other income

284

288

52

208

-

-

-

-

-

-

-

Investment and other income

-

-

-

-

216

80

125

75

313

251

810

Gain (loss) on sale of assets

-20

-26

-76

749

8

-112

-73

62

-27

-9

39

Interest and other expense

38

38

71

119

120

79

106

136

-

-

-

Foreign currency translation loss

-

-

-

-4,238

-

-

-

-

-

-

-

Interest and other expense

-

-

-

-

-

-

-

-

181

221

269

Other income, net

226

224

-95

-3,400

104

-111

-53

1

105

20

580

Operating loss from continuing operations before income taxes

235

-4,526

-11,860

-7,856

-10,401

3,181

1,103

3,397

17,619

15,634

10,799

Income tax benefit

-15

404

-34

256

-753

1,219

2,061

1,159

7,822

5,919

4,755

Net loss from continuing operations

250

-4,931

-

-

-

-

-

-

-

-

-

Net income from discontinued operations, net of tax

6,218

-1,860

-

-

-

-

-

-

-

-

-

Net income

6,469

-6,791

-11,825

-8,113

-9,648

1,961

-957

2,238

9,797

9,715

6,043

Other comprehensive (loss) income, net of tax:
Additional minimum pension liability adjustments

-

-

-

4,147

-2,197

-155

-37

-1,311

525

-43

-

Additional minimum pension liability adjustments

-

-

-

-

-

-

-

-

-

-

-285

Unrealized loss on available-for-sale securities

-1

1

-4

29

28

-42

-21

26

-16

-19

33

Foreign currency translation adjustment

55

-138

77

4,097

-2,196

-567

333

-2,032

934

-182

-

Foreign currency translation adjustment

-

-

-

-

-

-

-

-

-

-

-237

Total other comprehensive (loss) income

53

-137

73

-20

28

-455

348

-695

393

-158

81

Comprehensive income

6,522

-6,929

-11,752

-8,133

-9,619

1,506

-609

1,542

10,191

9,556

6,125

Basic net income (loss) per share:
Continuing operations

0.03

-0.54

-

-

-

-

-

-

-

-

-

Discontinued operations

0.67

-0.21

-

-

-

-

-

-

-

-

-

Basic net income (loss) per share

0.70

-0.75

-1.32

-0.92

-1.11

0.23

-0.11

0.26

1.16

1.16

0.72

Diluted net income (loss) per share:
Continuing operations

0.03

-0.54

-

-

-

-

-

-

-

-

-

Discontinued operations

0.66

-0.21

-

-

-

-

-

-

-

-

-

Diluted net income (loss) per share

0.69

-0.75

-1.32

-0.92

-1.11

0.23

-0.11

0.26

1.15

1.15

0.72

Weighted Average Basic Shares Outstanding

9,272

9,108

8,942

8,831

8,720

8,622

8,531

8,508

8,448

8,384

8,339

Weighted Average Dilutive Shares Outstanding

9,337

9,108

8,942

8,831

8,720

8,640

8,531

8,518

8,495

8,414

8,352

Dividends declared per share

-

-

-

-

-

-

-

-

-

0.59

0.52