Kaman corporation (KAMN)
Income statement / Quarterly
Apr'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
Net sales

207,322

237,792

182,670

174,712

166,434

-63,073

157,134

178,606

463,327

-607,049

447,046

449,006

435,941

433,062

453,474

470,642

451,198

452,277

433,742

446,324

442,782

477,931

456,055

453,018

407,958

410,458

423,663

431,725

388,075

369,830

409,567

400,226

383,719

358,105

356,520

385,086

377,823

359,545

317,087

Cost of sales

139,620

165,230

121,537

122,123

111,913

-55,154

109,446

125,165

329,220

-443,774

308,581

314,513

311,595

299,227

317,984

326,876

316,768

324,832

303,816

314,372

314,871

341,906

326,690

324,469

293,958

297,527

304,806

310,468

277,809

267,236

295,498

286,394

279,119

258,334

254,868

278,566

273,194

265,782

233,827

Gross profit

67,702

72,562

61,133

52,589

54,521

-7,919

47,688

53,441

134,107

-163,275

138,465

134,493

124,346

133,835

135,490

143,766

134,430

127,445

129,926

131,952

127,911

136,025

129,365

128,549

114,000

112,931

118,857

121,257

110,266

102,594

114,069

113,832

104,600

99,771

101,652

106,520

104,629

93,763

83,260

Selling, general and administrative expenses

60,989

49,573

43,855

41,808

41,951

-28,824

43,403

45,939

111,753

-155,643

106,497

107,952

110,877

109,631

104,060

113,905

116,108

103,887

100,153

101,953

105,554

102,776

102,073

100,048

92,302

83,677

87,436

90,219

96,420

80,513

89,153

85,820

87,910

81,928

80,319

82,407

80,068

74,166

72,014

Impairment of Intangible Assets, Finite-lived

-

-

0

-

-

-

10,039

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Costs of Transaction Services Agreement

4,100

-

1,154

-

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cost of Acquired Retention Plans

5,703

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Restructuring costs

1,795

1,005

81

206

266

2,642

1,214

1,804

1,693

161

2,500

0

0

-

344

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain (Loss) on Disposition of Business

493

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net gain on sale of assets

10

114

-416

0

65

-530

-30

1,528

63

-186

212

-15

20

-1

-24

-14

28

-87

10

432

-27

-5

-55

-59

-114

-42

0

-21

-79

-89

-53

8

24

-219

-14

-34

-2

-5

-56

Operating (loss) income

-4,422

14,840

15,627

10,575

12,369

12,011

-6,998

7,226

20,724

-7,979

29,680

26,526

13,489

23,515

31,062

29,847

18,350

21,975

29,783

30,431

22,330

33,244

27,237

28,442

21,584

27,141

31,421

31,017

13,767

21,992

24,863

28,020

16,714

17,624

21,319

24,079

24,559

19,592

11,190

Interest expense, net

3,247

2,607

4,058

5,236

5,301

4,610

5,084

5,000

5,352

5,032

5,264

6,122

4,160

3,787

4,165

3,988

3,807

3,387

3,208

3,222

3,327

3,440

3,438

3,373

3,131

2,950

3,113

3,163

3,068

3,491

2,922

2,827

2,873

3,022

2,733

2,821

3,070

-3,529

2,337

Income from Transaction Services Agreement

3,000

-

944

-

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Non-service pension and post retirement benefit cost (income)

-4,063

-98

-99

-100

-99

-3,084

-2,975

-3,039

-3,029

-853

-618

-866

-719

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other expense (income), net

-218

-58

-185

463

89

-49

163

-364

342

17

483

69

159

-229

332

-489

-86

-3,266

-185

1

64

-83

-220

-240

-80

-30

21

-58

-331

-69

64

-79

303

-251

176

25

389

24

451

(Loss) earnings from continuing operations before income taxes

-850

15,002

12,427

5,902

7,256

10,436

-8,944

4,901

18,743

-12,141

25,517

21,339

10,207

22,648

27,229

25,370

14,457

15,322

26,390

27,210

19,067

29,721

23,579

24,829

18,373

24,161

28,329

27,796

10,368

18,432

22,005

25,114

14,144

14,351

18,762

21,283

21,878

23,145

9,304

Income tax (benefit) expense

-443

-19,103

2,297

-487

1,434

3,900

559

123

4,677

4,180

9,237

7,881

3,916

7,521

9,774

8,875

4,680

6,548

9,166

5,519

6,318

8,391

7,782

8,120

6,429

8,836

9,634

9,904

3,214

5,479

7,221

8,996

5,052

5,607

5,797

7,256

7,686

7,320

3,227

Earnings from continuing operations

-407

34,105

10,130

6,389

5,822

-

-9,503

4,778

-

-

-

-

-

-

-

-

-

-

-

-

-

21,330

15,797

16,709

11,944

-

18,695

17,892

-

12,953

14,784

16,118

9,092

-

-

-

-

-

-

Discontinued Operation, Income (Loss) from Discontinued Operation During Phase-out Period, Net of Tax

0

-

9,860

-

8,303

-

10,935

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-998

-924

-515

-487

-

64

-

-

-

198

-

-

-

-

-

-

-

-

Discontinued Operation, Gain (Loss) on Disposal of Discontinued Operation, Net of Tax

692

-

122,786

-

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-94

379

-

-

420

-

-

-

0

-

-

-

-

-

-

-

-

Earnings from discontinued operations, net of tax

692

5,357

132,646

7,077

8,303

-

10,935

10,316

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

484

0

-

1,208

198

361

311

-

-

-

-

-

-

Net Income (Loss) Attributable to Parent

285

39,462

142,776

13,466

14,125

23,577

1,432

15,094

14,066

13,797

16,280

13,458

6,291

15,127

17,455

16,495

9,777

8,774

17,224

21,691

12,749

15,063

14,779

16,573

11,457

12,875

19,179

17,892

7,154

14,161

14,982

16,479

9,403

9,958

12,965

14,027

14,192

15,825

6,077

Earnings per share:
Basic earnings per share from continuing operations

-0.01

1.22

0.36

0.23

0.21

-

-0.34

0.17

-

-

-

-

-

-

-

-

-

-

-

-

-

0.78

0.58

0.62

0.45

-

0.70

0.67

-

0.48

0.56

0.61

0.35

-

-

-

-

-

-

Income (Loss) from Discontinued Operations and Disposal of Discontinued Operations, Net of Tax, Per Basic Share

0.02

0.19

4.75

0.25

0.30

-

0.39

0.37

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.04

-0.03

-0.02

-0.02

-

0.00

0.00

-

0.00

0.01

0.01

0.01

-

-

-

-

-

-

Basic loss per share from disposal of discontinued operations (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.00

0.01

-

-

0.02

-

-

-

0.00

-

-

-

-

-

-

-

-

Basic earnings per share (in usd per share)

0.01

1.41

5.11

0.48

0.51

0.84

0.05

0.54

0.51

0.50

0.58

0.49

0.23

0.56

0.64

0.61

0.36

0.32

0.63

0.80

0.47

0.55

0.55

0.61

0.43

0.48

0.72

0.67

0.27

0.53

0.57

0.62

0.36

0.39

0.49

0.53

0.54

0.61

0.23

Diluted earnings per share from continuing operations

-0.01

1.22

0.36

0.23

0.20

-

-0.34

0.17

-

-

-

-

-

-

-

-

-

-

-

-

-

0.75

0.57

0.61

0.44

-

0.68

0.67

-

0.48

0.55

0.61

0.35

-

-

-

-

-

-

Income (Loss) from Discontinued Operations and Disposal of Discontinued Operations, Net of Tax, Per Diluted Share

0.02

-

4.72

0.25

0.30

-

0.39

0.36

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.03

-0.04

-0.02

-0.02

-

0.00

0.00

-

0.00

0.01

0.01

0.01

-

-

-

-

-

-

Diluted loss per share from disposal of discontinued operations (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.00

0.01

-

-

0.02

-

-

-

0.00

-

-

-

-

-

-

-

-

Diluted earnings per share (in usd per share)

0.01

1.41

5.08

0.48

0.50

0.84

0.05

0.53

0.50

0.47

0.58

0.48

0.22

0.54

0.62

0.59

0.35

0.32

0.62

0.77

0.46

0.53

0.53

0.60

0.42

0.47

0.70

0.67

0.26

0.53

0.56

0.62

0.36

0.37

0.49

0.53

0.54

0.61

0.23

Average shares outstanding:
Basic (in shares)

27,809

27,923

27,952

27,961

27,908

27,949

28,009

27,971

27,851

27,836

27,907

27,557

27,144

27,140

27,128

27,101

27,059

27,101

27,179

27,240

27,188

27,137

27,113

27,039

26,923

26,814

26,770

26,734

26,658

26,561

26,455

26,390

26,294

26,233

26,339

26,286

26,126

25,956

25,926

Diluted (in shares)

27,891

28,058

28,117

28,123

28,070

28,117

28,258

28,349

28,168

28,714

28,219

27,842

28,897

28,458

28,080

27,944

27,806

27,726

27,770

28,098

27,878

27,811

27,862

27,844

27,591

27,386

27,233

26,899

27,054

26,868

26,623

26,534

26,463

26,411

26,561

26,673

26,355

26,104

26,093

Dividends declared per share (in usd per share)

-

-

-

-

-

-

-

-

-

-

0.20

0.20

0.20

-

0.18

0.18

0.18

0.18

0.18

0.18

0.18

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

0.14

0.14

0.14

0.14