LCI INDUSTRIES LCII Income Statement

Lci industries (LCII)

Income statement / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'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	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Sep'10	Jun'10
Net sales
659,670	564,021	586,221	629,068	592,172	536,616	604,244	684,455	650,492	547,137	554,814	547,483	498,336	402,899	412,370	440,831	422,798	334,228	345,296	362,085	361,457	289,351	294,271	321,783	285,377	224,947	250,851	287,192	252,586	200,234	226,323	251,014	223,552	159,596	166,689	186,048	168,833	146,833	173,502
Cost of sales
501,065	441,539	450,748	480,415	459,578	433,362	478,343	533,999	509,759	430,344	433,594	416,396	374,322	304,891	306,820	323,927	314,357	260,814	271,171	280,025	285,054	232,123	231,788	249,771	222,177	176,988	194,725	225,759	204,995	164,363	184,781	204,591	178,729	131,814	134,688	143,989	130,954	114,965	135,944
Gross profit
158,605	122,482	135,473	148,653	132,594	103,254	125,901	150,456	140,733	116,793	121,220	131,087	124,014	98,008	105,550	116,904	108,441	73,414	74,125	82,060	76,403	57,228	62,483	72,012	63,200	47,959	56,126	61,433	47,591	35,871	41,542	46,423	44,823	27,782	32,001	42,059	37,879	31,868	37,558
Selling, general and administrative expenses
114,339	84,837	86,320	82,996	84,839	73,727	80,548	86,368	80,913	72,608	73,293	68,047	64,885	57,412	60,412	57,516	52,713	46,087	46,954	48,426	44,565	40,007	39,412	40,909	37,154	31,787	33,296	34,992	32,860	27,572	26,594	27,455	27,450	21,890	22,798	24,149	22,336	19,248	21,714
Sale of extrusion assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-1,954	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-
Executive succession
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	733	1,143	-	-	-	-	-	-	-	-	-	-
Other (income)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	79	-
Operating profit
44,266	37,645	49,153	65,657	47,755	29,527	45,353	64,088	59,820	44,185	47,927	63,040	59,129	40,596	45,138	59,388	55,728	23,611	27,171	33,634	31,838	17,221	23,071	29,149	26,046	16,172	22,830	25,708	13,588	6,843	14,948	18,968	17,373	5,892	9,203	17,910	15,543	12,699	15,844
Interest expense, net
-5,197	-2,290	-1,900	-2,099	-2,507	-1,955	-1,720	-1,660	-1,101	-275	-311	-414	-437	-393	-396	-413	-476	-486	-595	-615	-189	-106	-130	-74	-120	-72	-76	-85	-118	-84	-116	-56	-74	-95	-78	-61	-58	-28	-58
Income before income taxes
39,069	35,355	47,253	63,558	45,248	27,572	43,633	62,428	58,719	43,910	47,616	62,626	58,692	40,203	44,742	58,975	55,252	23,125	26,576	33,019	31,649	17,115	22,941	29,075	25,926	16,100	22,754	25,623	13,470	6,759	14,832	18,912	17,299	5,797	9,125	17,849	15,485	12,671	15,786
Provision for income taxes
10,855	6,548	11,444	16,031	10,882	7,393	9,821	15,204	11,383	26,446	15,478	22,489	15,547	13,904	14,898	21,406	19,293	6,985	9,313	12,150	11,576	5,119	7,453	10,457	9,762	5,023	7,949	9,758	5,098	2,014	5,061	7,204	6,183	1,709	3,506	6,884	6,098	4,689	6,194
Net income
28,214	28,807	35,809	47,527	34,366	20,179	33,812	47,224	47,336	17,464	32,138	40,137	43,145	26,299	29,844	37,569	35,959	16,140	17,263	20,869	20,073	11,996	15,488	18,618	16,164	11,077	14,805	15,865	8,372	4,745	9,771	11,708	11,116	4,088	5,619	10,965	9,387	7,982	9,592
Net income per common share:
Basic (in usd per share)
1.13	1.15	1.43	1.90	1.38	0.80	1.34	1.87	1.88	0.69	1.28	1.61	1.73	1.07	1.21	1.52	1.46	0.66	0.71	0.86	0.83	0.49	0.65	0.78	0.68	0.48	0.63	0.68	0.36	0.21	0.43	0.52	0.50	0.19	0.25	0.49	0.42	0.36	0.43
Diluted (in usd per share)
1.12	1.14	1.42	1.89	1.38	0.80	1.33	1.86	1.86	0.68	1.26	1.59	1.71	1.05	1.19	1.51	1.45	0.65	0.70	0.85	0.82	0.48	0.64	0.77	0.67	0.46	0.62	0.67	0.36	0.20	0.43	0.52	0.49	0.18	0.25	0.49	0.42	0.36	0.43
Weighted average common shares outstanding:
Basic (in shares)
25,075	25,023	25,031	25,024	24,914	25,095	25,235	25,233	25,149	25,122	25,060	24,992	24,906	24,571	24,724	24,662	24,567	24,397	24,289	24,279	24,215	24,004	23,935	23,931	23,774	23,555	23,451	23,261	23,017	22,711	22,563	22,516	22,442	22,306	22,273	22,270	22,219	22,129	22,121
Diluted (in shares)
25,143	25,196	25,156	25,091	24,929	25,429	25,504	25,454	25,465	25,481	25,459	25,305	25,255	24,962	25,060	24,916	24,794	24,758	24,686	24,615	24,541	24,544	24,301	24,303	24,188	24,069	23,838	23,650	23,455	23,139	22,800	22,731	22,642	22,494	22,447	22,458	22,377	22,262	22,276