Lifetime brands, inc. (LCUT)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09
Net sales

734,902

704,542

579,476

-

-

-

-

-

-

-

-

Net sales

-

-

-

592,619

-

-

-

-

-

-

-

Net sales

-

-

-

-

587,670

586,010

502,721

486,842

444,418

443,171

415,040

Cost of sales

479,711

448,785

364,319

375,719

373,284

373,129

315,459

310,054

282,058

273,774

257,839

Gross margin

255,191

255,757

215,157

216,900

214,386

212,881

187,262

176,788

162,360

169,397

-

Distribution expenses

72,543

69,716

58,050

57,006

54,815

54,202

44,364

44,046

43,882

44,570

-

Distribution expenses

-

-

-

-

-

-

-

-

-

-

43,329

Selling, general and administrative expenses

161,618

162,933

140,903

130,397

134,903

133,786

114,345

104,338

93,894

95,044

95,647

Impairment of goodwill

42,990

2,205

0

-

-

-

-

-

-

-

-

Intangible asset impairment (Note E)

-

-

-

-

-

3,384

-

1,069

-

-

-

Restructuring expenses

1,435

2,324

1,024

2,420

437

125

367

-

-

-

2,616

Loss from operations

-23,395

18,579

15,180

27,077

24,231

21,384

28,186

27,335

24,584

29,783

15,609

Interest expense

20,378

18,004

4,291

4,803

5,746

6,418

4,847

5,898

7,758

9,351

13,185

Financing expense

-

-

-

-

154

758

-

-

-

-

-

Loss on early retirement of debt

0

-66

-110

-272

-

-346

-102

-1,363

-

-764

-

Loss before income taxes and equity in earnings (losses)

-43,773

509

10,779

22,002

18,331

13,862

23,237

20,074

16,826

19,668

2,424

Income tax benefit

1,109

2,889

9,032

7,030

6,627

5,825

9,175

5,208

6,122

4,602

1,880

Equity in earnings (losses), net of taxes

467

660

407

748

574

-6,493

-4,781

6,081

3,362

2,718

2,171

Income before extraordinary item

-

-

-

-

-

-

-

-

-

17,784

2,715

Extraordinary item, net of taxes

-

-

-

-

-

-

-

-

-

2,477

-

NET LOSS

-44,415

-1,720

2,154

15,720

12,278

1,544

9,281

20,947

14,066

20,261

2,715

Basic income per common share before extraordinary item (Note H)

-

-

-

-

-

-

-

-

-

1.48

0.23

Basic income per common share of extraordinary item (Note H)

-

-

-

-

-

-

-

-

-

0.20

-

Basic loss per common share (usd per share)

-2.16

-0.09

0.15

1.11

0.89

0.11

0.73

1.67

1.16

1.68

0.23

Diluted income per common share before extraordinary item (Note H)

-

-

-

-

-

-

-

-

-

1.44

0.22

Diluted income per common share of extraordinary item (Note H)

-

-

-

-

-

-

-

-

-

0.20

-

Diluted loss per common share (usd per share)

-2.16

-0.09

0.14

1.08

0.86

0.11

0.71

1.64

1.12

1.64

0.22