Communications systems inc (JCS)
Income statement / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Sep'10Jun'10
Sales

9,162

6,066

18,222

15,400

11,216

-4,734

15,291

15,038

16,773

19,041

20,412

22,068

20,800

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cost of sales

5,425

1,952

10,485

9,692

6,589

-7,952

10,051

11,053

11,595

-

17,108

16,057

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Sales

-

-

-

-

-

-

-

-

-

-

-

-

-

22,758

25,616

26,311

24,666

27,680

32,246

28,197

19,544

27,230

33,433

33,208

25,198

27,313

44,616

31,936

27,452

25,756

28,687

25,561

24,243

25,337

41,984

45,429

31,022

33,323

30,658

Cost of sales

-

-

-

-

-

-

-

-

-

-

-

-

14,835

17,012

18,926

18,935

17,897

19,984

21,822

19,658

14,657

18,165

21,421

21,115

16,210

17,342

30,993

20,408

17,676

15,624

17,927

14,905

14,295

14,782

25,429

26,974

17,694

18,013

17,374

Gross profit

3,737

4,114

7,737

5,708

4,626

3,217

5,240

3,985

5,178

5,556

3,303

6,010

5,965

5,746

6,690

7,375

6,769

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating expenses:
Selling, general and administrative expenses

4,960

4,648

6,108

5,972

5,447

1,670

6,842

6,707

7,152

7,182

7,161

7,318

7,037

7,635

7,866

10,047

9,637

10,002

9,992

10,256

10,578

10,582

9,354

9,688

9,002

8,907

9,468

8,961

9,405

9,931

9,053

9,298

9,818

10,918

10,071

9,930

9,187

9,005

9,092

Impairment loss

-

-

-

-

-

-

-

-

-

-

-

1,617

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Pension liability adjustment gains

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-4,147

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Impairment loss

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,849

-

-

-

-

-

-

-

0

1,271

-

0

0

Restructuring expense

-

-

-

-

-

-

-

-

-

-41

796

1,141

387

-

-

-

-

-

-

-

-

0

0

0

237

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total operating expenses

4,960

4,648

6,108

5,972

5,447

1,670

6,842

6,707

7,152

7,141

7,957

10,077

7,424

-

7,866

10,047

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total operating expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,489

31,209

31,814

29,915

25,236

28,748

30,776

30,803

25,450

27,398

46,312

29,369

27,081

25,555

26,980

24,203

24,113

25,701

35,500

38,176

26,881

27,019

26,466

Operating loss from continuing operations

-1,223

-534

1,628

-264

-821

1,547

-1,601

-2,722

-1,974

-1,584

-4,653

-4,066

-1,459

-1,889

-1,175

-2,671

1,279

-3,528

431

-1,717

-5,691

-1,518

2,657

2,405

-251

-85

-1,695

2,566

370

201

1,706

1,357

130

-363

6,483

7,252

4,141

6,304

4,191

Other income (expenses):
Investment and other income

111

54

108

76

44

24

70

89

104

-25

38

-1

41

-

19

72

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Investment and other income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

27

43

105

3

62

-16

62

28

5

3

-0

34

87

50

-8

53

-20

37

138

57

79

92

46

Gain (loss) on sale of assets

308

-13

-6

9

-9

-37

-6

-10

27

-44

26

-40

-17

1

-60

0

808

-1

5

0

4

-6

30

-141

5

4

-33

2

-47

-25

-1

68

20

-22

5

2

-12

9

-15

Gain on sale of FutureLink Fiber business line

-

-

-

2,966

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest and other expense

9

9

9

9

9

9

9

9

9

9

42

9

9

25

44

41

9

18

27

61

13

21

17

16

24

-

26

26

-

-

-

-

-

-

-

-

-

-

-

Foreign currency translation loss

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-4,238

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest and other expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

29

-

33

34

36

32

53

47

48

51

55

Other income, net

410

-2,935

91

3,043

25

-21

54

69

121

-80

22

-51

14

65

-85

31

-3,411

24

82

-57

54

-44

75

-130

-12

-14

-60

10

10

-6

-43

87

-36

-17

91

11

19

50

-24

Operating loss from continuing operations before income taxes

-813

-3,469

1,720

2,779

-795

1,525

-1,546

-2,653

-1,852

-1,664

-4,631

-4,118

-1,445

-1,824

-1,260

-2,640

-2,131

-3,504

514

-1,774

-5,637

-1,562

2,733

2,275

-264

-100

-1,755

2,577

381

195

1,663

1,445

93

-380

6,574

7,264

4,160

6,354

4,167

Income tax benefit

-4

-0

-17

6

-3

410

-2

-11

7

32

-109

-27

70

14

3

-95

334

2,236

-769

-746

-1,473

-532

1,038

837

-124

702

280

939

139

103

544

473

38

194

2,845

3,180

1,602

2,355

1,752

Net loss from continuing operations

-808

-

-

-

-791

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income from discontinued operations, net of tax

2,313

-

-

-

1,032

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income

1,504

1,717

1,737

2,773

240

-745

-1,544

-2,641

-1,859

-1,697

-4,522

-4,090

-1,515

-1,838

-1,263

-2,544

-2,466

-5,740

1,283

-1,028

-4,163

-1,029

1,694

1,437

-140

-802

-2,035

1,638

242

91

1,119

971

55

-574

3,729

4,084

2,557

3,999

2,415

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

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

4,147

-2,235

11

14

12

-410

76

91

87

-63

-179

0

205

-1,173

-4

3

-135

-

8

9

-

-

-

Additional minimum pension liability adjustments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

9

17

-88

Unrealized loss on available-for-sale securities

-14

-

-0

0

-

0

2

4

-6

-1

-0

-1

-1

-5

-2

1

37

-20

-1

-5

55

3

-31

8

-22

-3

12

-18

-12

-13

33

-6

12

13

-5

-10

-15

11

-16

Foreign currency translation adjustment

-132

137

-63

-47

28

-52

-15

-104

34

14

31

37

-4

-70

15

-171

4,324

-2,039

-130

104

-130

-424

-225

55

26

474

197

3

-343

-2,176

103

-98

138

-

-112

0

-

-

-

Foreign currency translation adjustment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

68

149

-1

Total other comprehensive (loss) income

-146

136

-63

-47

28

-52

-12

-100

27

12

31

36

-6

-76

12

-170

214

175

-143

84

-87

-10

-334

-27

-83

534

389

-15

-561

-1,016

142

-107

285

495

-126

-19

43

144

70

Comprehensive income

1,358

1,854

1,673

2,725

268

-797

-1,557

-2,742

-1,832

-1,684

-4,490

-4,054

-1,522

-1,915

-1,251

-2,715

-2,252

-5,565

1,140

-943

-4,251

-1,040

1,360

1,410

-224

-268

-1,646

1,623

-318

-924

1,261

864

341

-79

3,603

4,065

2,601

4,143

2,486

Basic net income (loss) per share:
Continuing operations

-0.09

-

-

-

-0.08

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Discontinued operations

0.25

-

-

-

0.11

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Basic net income (loss) per share

0.16

0.18

0.19

0.30

0.03

-0.08

-0.17

-0.29

-0.21

-0.19

-0.50

-0.46

-0.17

-0.21

-0.14

-0.29

-0.28

-0.66

0.15

-0.12

-0.48

-0.12

0.20

0.17

-0.02

-0.09

-0.24

0.19

0.03

0.01

0.13

0.11

0.01

-0.06

0.44

0.48

0.30

0.48

0.29

Diluted net income (loss) per share:
Continuing operations

-0.09

-

-

-

-0.08

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Discontinued operations

0.25

-

-

-

0.11

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Diluted net income (loss) per share

0.16

0.17

0.19

0.30

0.03

-0.08

-0.17

-0.29

-0.21

-0.19

-0.50

-0.46

-0.17

-0.21

-0.14

-0.29

-0.28

-0.66

0.15

-0.12

-0.48

-0.12

0.20

0.17

-0.02

-0.09

-0.24

0.19

0.03

0.01

0.13

0.11

0.01

-0.07

0.44

0.48

0.30

0.48

0.29

Weighted Average Basic Shares Outstanding

9,265

9,279

9,317

9,316

9,176

9,155

9,146

9,132

9,000

8,968

8,960

8,947

8,894

8,768

8,849

8,849

8,859

8,804

8,707

8,707

8,660

8,659

8,641

8,621

8,565

8,552

8,547

8,537

8,486

8,517

8,520

8,522

8,473

8,466

8,460

8,442

8,425

8,398

8,373

Weighted Average Dilutive Shares Outstanding

9,445

9,486

9,368

9,319

9,176

9,155

9,146

9,132

9,000

8,968

8,960

8,947

8,894

8,768

8,849

8,849

8,859

8,769

8,743

8,707

8,660

8,688

8,663

8,644

8,565

8,536

8,550

8,540

8,496

8,469

8,532

8,562

8,510

8,463

8,530

8,519

8,469

8,414

8,399

Dividends declared per share

0.02

-

0.02

0.02

0.02

-

0.04

0.04

0.04

-

0.04

0.04

0.04

-

0.04

0.16

0.16

-

0.16

0.16

0.16

-

0.16

0.16

0.16

-

0.16

0.16

0.16

-

0.16

0.16

0.16

-

0.15

0.15

0.15

0.15

0.15