Lydall inc /de/ (LDL)
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
Net sales

200,527

193,288

205,274

220,811

218,025

209,938

197,886

186,413

191,660

178,030

180,041

174,879

165,487

144,192

155,725

137,235

129,700

131,398

131,240

134,561

127,306

127,583

134,227

148,793

125,226

99,894

97,995

101,051

99,029

90,468

94,167

97,535

96,754

89,343

93,741

98,831

101,673

77,746

77,072

Cost of sales

161,959

165,185

168,918

175,536

175,969

168,066

162,747

150,286

152,153

138,550

139,987

131,552

124,989

111,948

117,532

101,245

97,323

102,181

99,549

100,672

99,606

102,021

105,663

114,140

99,027

79,565

77,501

78,014

77,664

73,164

74,898

75,542

77,513

72,411

79,229

80,774

83,668

66,345

62,648

Gross profit

38,568

28,103

36,356

45,275

42,056

41,872

35,139

36,127

39,507

39,480

40,054

43,327

40,498

32,244

38,193

35,990

32,377

29,217

31,691

33,889

27,700

25,562

28,564

34,653

26,199

20,329

20,494

23,037

21,365

17,304

19,269

21,993

19,241

16,932

14,512

18,057

18,005

11,401

14,424

Selling, product development and administrative expenses

33,027

32,398

28,909

32,096

33,006

28,702

25,406

23,878

25,471

23,819

24,700

23,290

25,350

24,297

19,896

20,468

18,698

18,688

16,850

16,860

17,622

17,492

22,785

22,080

18,573

15,040

13,108

13,516

14,848

15,271

14,069

13,655

14,244

12,946

12,644

13,477

13,870

12,090

13,533

Asset Impairment Charges

61,100

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating (loss) income

-55,568

-68,501

7,447

13,179

9,050

13,170

9,733

12,249

14,036

15,661

15,354

20,037

15,148

7,947

18,297

15,522

13,679

10,529

14,841

17,029

10,078

8,070

5,779

12,573

7,626

5,289

7,386

9,521

6,517

2,033

5,200

8,743

5,402

4,391

2,272

4,985

4,540

-285

2,624

Employee benefit plans settlement expenses

385

-454

186

25,515

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on sale of business

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

18,647

0

0

0

0

-

-

-

-

0

0

405

405

405

404

405

405

404

1,733

Interest expense

2,857

3,237

3,666

3,731

3,628

3,595

1,505

572

540

614

705

795

606

425

389

110

144

160

187

186

222

274

327

280

212

73

77

76

78

92

96

87

90

94

103

473

210

209

209

Other (income) expense, net

418

-102

885

873

-399

196

40

368

-315

-435

-601

-792

-333

-322

218

499

167

35

150

-553

1,022

547

508

-299

-55

-23

16

-18

-42

-34

19

27

-43

107

15

15

-43

-193

54

(Loss) income before income taxes

-58,392

-71,386

4,480

-15,194

5,023

9,771

8,268

12,045

13,181

14,612

14,048

18,450

14,209

7,200

18,126

15,911

13,702

10,404

14,804

16,290

29,525

8,343

5,960

11,994

7,359

5,193

7,325

9,427

6,397

1,907

5,123

8,683

5,269

4,404

2,184

4,527

4,287

-687

2,469

Income tax (benefit) expense

-2,015

-896

1,574

-8,200

1,106

2,554

2,076

1,700

2,123

773

3,404

5,303

2,494

2,798

5,392

5,098

4,533

5,085

3,618

5,473

10,588

2,610

1,802

3,754

3,643

1,060

2,750

3,472

1,905

-520

1,248

2,091

1,357

1,736

1,053

1,911

1,655

-1,114

788

Loss from equity method investment

-44

28

98

49

-27

12

64

60

-4

9

31

-22

-46

18

51

0

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income from continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,668

1,131

2,616

2,632

427

1,681

Income from discontinued operations, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

4,484

248

919

402

Net (loss) income

-56,421

-70,461

3,004

-6,946

3,890

7,184

6,256

10,450

11,054

13,848

10,675

13,125

11,669

4,420

12,785

10,813

9,169

5,319

11,186

10,817

18,937

5,733

4,158

8,240

3,716

4,133

4,575

5,955

4,492

2,427

3,875

6,592

3,912

2,668

1,131

7,100

2,880

1,346

2,083

(Loss) earnings per common share:
(Loss) earnings per share:
Continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.16

0.06

0.16

0.16

0.03

0.10

Discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.00

0.00

0.27

0.01

0.06

0.02

Basic (USD per share)

-3.25

-4.08

0.17

-0.40

0.23

0.42

0.36

0.61

0.64

0.80

0.63

0.77

0.69

0.26

0.76

0.64

0.54

0.32

0.67

0.65

1.12

0.34

0.25

0.50

0.22

0.25

0.28

0.36

0.27

0.16

0.23

0.39

0.23

0.16

0.07

0.42

0.17

0.08

0.13

Continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.16

0.07

0.15

0.16

0.03

0.10

Discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.00

0.00

0.27

0.01

0.05

0.02

Diluted (USD per share)

-3.25

-4.07

0.17

-0.40

0.22

0.42

0.36

0.60

0.64

0.79

0.62

0.76

0.68

0.24

0.75

0.63

0.54

0.30

0.66

0.64

1.11

0.33

0.24

0.49

0.22

0.26

0.27

0.35

0.26

0.14

0.23

0.39

0.23

0.16

0.07

0.42

0.17

0.08

0.12

Weighted average number of common shares outstanding:
Basic (shares)

17,336

17,293

17,270

17,267

17,254

17,240

17,216

17,196

17,164

17,098

17,055

17,044

16,983

16,907

16,888

16,864

16,825

16,751

16,715

16,681

16,837

16,804

16,684

16,618

16,542

16,479

16,437

16,612

16,752

16,640

16,630

16,770

16,828

-50,165

16,757

16,741

16,735

16,682

16,658

Diluted (shares)

17,336

17,169

17,330

17,267

17,318

17,297

17,349

17,335

17,339

17,455

17,267

17,262

17,284

17,716

17,138

17,074

17,036

17,251

17,028

16,948

17,109

17,137

17,043

16,980

16,852

16,862

16,735

16,831

17,036

17,006

16,943

16,962

16,981

-50,611

16,932

16,909

16,838

16,731

16,839