KIRKLAND'S, INC KIRK Income Statement

Kirkland's, inc (KIRK)

Income statement / Quarterly

Feb'20	Nov'19	Aug'19	May'19	Feb'19	Nov'18	Oct'18	Aug'18	Jul'18	May'18	Apr'18	Feb'18	Jan'18	Oct'17	Jul'17	Apr'17	Jan'17	Jan'17	Oct'16	Jul'16	Apr'16	Jan'16	Oct'15	Jul'15	Apr'15	Jan'15	Oct'14	Jul'14	Apr'14	Jan'14	Oct'13	Jul'13	Apr'13	Jan'13	Oct'12	Jul'12	Apr'12	Jan'12	Oct'11	Jul'11	Apr'11	Oct'10	Jul'10
Revenue from Contract with Customer, Excluding Assessed Tax
209,411	144,936	119,885	129,648	216,147	154,571	154,571	133,899	133,899	142,454	142,454	224,614	-	144,979	131,683	132,841	-	203,160	138,240	123,017	129,911	-	129,238	115,289	118,310	177,830	117,198	103,485	108,255	154,970	106,134	97,123	101,233	161,915	96,688	91,004	97,788	147,965	97,071	89,701	94,403	92,725	89,504
Cost of sales
146,905	104,800	88,536	83,456	123,130	95,289	95,289	86,765	86,765	85,565	85,565	-	126,115	87,840	80,593	80,387	-	128,988	78,637	71,981	71,670	99,575	81,137	72,777	70,647	74,400	71,446	65,612	65,653	91,441	64,999	61,480	61,827	96,751	62,669	61,010	59,319	84,982	60,938	58,856	56,315	56,732	54,682
Cost of sales related to merchandise purchased from related party vendor
0	0	4,776	9,973	18,711	12,629	12,629	10,336	10,336	11,577	11,577	-	19,368	11,668	11,004	9,606	-	13,968	9,125	8,763	8,704	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cost of sales
146,905	104,800	93,312	93,429	141,841	107,918	107,918	97,101	97,101	97,142	97,142	-	145,483	99,508	91,597	89,993	-	142,956	87,762	80,744	80,374	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gross Profit
62,506	40,136	26,573	36,219	74,306	46,653	46,653	36,798	36,798	45,312	45,312	-	79,131	45,471	40,086	42,848	-	60,204	50,478	42,273	49,537	64,225	48,101	42,512	47,663	76,670	45,752	37,873	42,602	64,632	41,135	35,643	39,406	66,134	34,019	29,994	38,469	64,128	36,133	30,845	38,088	35,993	34,822
Operating expenses:
Compensation and benefits
33,562	29,115	27,162	27,056	32,782	29,621	29,621	26,020	26,020	27,849	27,849	-	36,339	28,072	25,974	26,510	-	32,770	27,050	24,930	25,527	29,355	25,514	24,389	23,213	29,351	23,021	21,087	21,279	25,335	21,431	19,926	19,928	26,000	19,152	18,733	19,296	23,705	18,828	17,565	18,794	18,337	17,081
Other operating expenses
20,649	20,208	16,656	18,134	20,615	18,783	18,783	17,965	17,965	17,319	17,319	-	19,798	19,427	18,079	16,995	-	16,816	18,601	16,943	16,513	18,349	17,962	16,515	15,124	16,899	16,090	14,226	13,664	14,604	13,961	12,841	12,851	13,245	12,491	12,008	12,988	12,846	12,467	11,187	10,887	10,744	9,556
Depreciation (exclusive of depreciation included in cost of sales)
1,527	1,602	1,736	1,839	1,829	1,867	1,867	1,774	1,774	1,764	1,764	-	1,901	1,739	1,729	1,621	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Asset impairment
11,978	3,392	1,981	1,878	0	0	-	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	6,435	6,295	5,973	-	5,557	5,310	5,229	5,238	4,670	4,431	4,300	4,157	4,049	3,950	3,791	3,833	3,122	3,205	3,015	3,522	2,914	2,733	3,241	3,146	3,121
Total operating expenses
67,716	54,317	47,535	48,907	55,226	50,271	50,271	45,759	45,759	46,932	46,932	-	58,038	49,238	45,782	45,126	-	37,226	52,086	48,168	48,013	37,497	49,033	46,214	43,566	51,488	43,781	39,744	39,243	44,096	39,441	36,717	36,570	43,078	34,765	33,946	35,299	40,073	34,209	31,485	32,922	32,227	29,758
Operating Income (Loss)
-5,210	-14,181	-20,962	-12,688	19,080	-3,618	-3,618	-8,961	-8,961	-1,620	-1,620	-	21,093	-3,767	-5,696	-2,278	-	22,978	-1,608	-5,895	1,524	26,728	-932	-3,702	4,097	25,182	1,971	-1,871	3,359	20,536	1,694	-1,074	2,836	23,056	-746	-3,952	3,170	24,055	1,924	-640	5,166	3,766	5,064
Interest expense
150	169	68	70	67	69	69	66	66	65	65	-	80	69	65	61	-	70	67	66	73	136	70	70	70	69	70	67	69	65	70	72	67	210	-70	67	80	-24	55	36	34	33	40
Other income
199	158	226	328	372	224	224	270	270	331	331	-	291	229	133	86	-	80	61	52	59	83	58	56	55	77	69	226	82	57	58	53	61	46	51	45	83	-8	51	78	-3	62	135
(Loss) income before income taxes
-5,161	-14,192	-20,804	-12,430	19,385	-3,463	-3,463	-8,757	-8,757	-1,354	-1,354	-	21,304	-3,607	-5,628	-2,253	-	22,988	-1,614	-5,909	1,510	26,675	-944	-3,716	4,082	25,190	1,970	-1,712	3,372	20,540	1,682	-1,093	2,830	23,060	-765	-3,974	3,173	24,119	1,920	-598	5,129	3,795	5,159
Income Tax Expense (Benefit)
-243	8,114	-3,684	-3,509	5,228	-683	-683	-2,042	-2,042	-472	-472	-	8,439	-1,245	-1,856	-818	-	8,445	-768	-2,342	594	10,073	-674	-1,428	1,553	9,636	710	-657	1,317	8,214	674	-516	1,057	8,807	-349	-1,977	1,218	8,941	673	-118	1,959	1,516	1,907
Net (loss) income
-4,918	-22,306	-17,120	-8,921	14,157	-2,780	-2,780	-6,715	-6,715	-882	-882	-	12,865	-2,362	-3,772	-1,435	-	14,543	-846	-3,567	916	16,602	-270	-2,288	2,529	15,554	1,260	-1,055	2,055	12,326	1,008	-577	1,773	14,253	-416	-1,997	1,955	15,178	1,247	-480	3,170	2,279	3,252
Earnings Per Share [Abstract]
Basic (in dollars per share)
-0.35	-1.61	-1.21	-0.62	0.91	-0.18	-0.18	-0.43	-0.43	-0.06	-0.06	-	0.81	-0.15	-0.24	-0.09	-	0.91	-0.05	-0.22	0.06	0.97	-0.02	-0.13	0.15	0.90	0.07	-0.06	0.12	0.71	0.06	-0.03	0.10	0.81	-0.02	-0.11	0.11	0.77	0.06	-0.02	0.16	0.11	0.16
Diluted (in dollars per share)
-0.35	-1.61	-1.21	-0.62	0.91	-0.18	-0.18	-0.43	-0.43	-0.06	-0.06	-	0.81	-0.15	-0.24	-0.09	-	0.89	-0.05	-0.22	0.06	0.95	-0.02	-0.13	0.14	0.87	0.07	-0.06	0.12	0.69	0.06	-0.03	0.10	0.80	-0.02	-0.11	0.10	0.76	0.06	-0.02	0.15	0.11	0.16
Weighted average shares outstanding:
Basic (in shares)
13,931	13,867	14,110	14,372	14,760	15,486	15,486	15,726	15,726	15,808	15,808	-	15,992	16,013	15,974	15,913	-	15,905	15,897	15,854	15,780	16,766	17,243	17,277	17,238	17,147	17,258	17,335	17,308	17,302	17,269	17,174	17,083	17,046	17,067	17,470	18,269	19,038	19,918	19,957	19,915	19,889	19,852
Effect of dilutive common stock equivalents (in shares)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	321	756	0	429	567	1,131	476	0	517	606	494	462	350	-	-	-	503	376	286	673	745	633	784
Diluted (in shares)
13,931	13,867	14,110	14,372	15,244	15,486	15,486	15,726	15,726	15,808	15,808	-	16,764	16,013	15,974	15,913	-	16,728	15,897	15,854	16,101	17,951	17,243	17,277	17,805	18,278	17,734	17,335	17,825	18,370	17,763	17,174	17,433	18,115	17,067	17,470	18,772	20,087	20,204	19,957	20,660	20,522	20,636
Dividends declared per common share outstanding
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1.50	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-