Lemaitre vascular inc (LMAT)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09
Net Sales

117,232

105,568

100,867

89,151

78,352

71,097

64,549

56,735

57,685

56,060

50,908

Cost of sales

37,379

31,629

30,170

26,215

24,186

22,666

19,434

15,867

17,458

14,341

13,604

Gross profit

79,853

73,939

70,697

62,936

54,166

48,431

45,115

40,868

40,227

41,719

37,304

Sales and marketing

30,339

27,318

25,948

26,105

22,780

22,087

22,143

20,811

19,375

19,409

17,710

General and administrative

19,055

17,689

17,010

14,354

14,010

13,889

12,576

10,973

11,228

10,506

9,852

Research and development

9,276

8,197

6,636

6,141

5,479

4,671

5,243

5,092

4,425

5,488

5,910

Gain on acquisitions and divestitures

-

7,474

-

-

360

-

-

248

735

-

-

Medical device excise tax

-

-

-

-

744

689

635

-

0

-

-

Restructuring charges

-

-

-

-

-

526

-

-

2,161

1,816

1,777

Gain on termination of distribution agreement

-

-

-

-

-

-

-

-

-

-

0

Impairment charges

-

-

-

-

-

229

-

-

83

485

106

Total operating expenses

58,670

45,730

49,594

46,600

42,653

42,091

40,597

36,628

36,537

37,704

35,355

Income from operations

21,183

28,209

21,103

16,336

11,513

6,340

4,518

4,240

3,690

4,015

1,949

Other income (expense):
Interest income

698

631

179

81

13

1

4

78

11

31

38

Interest expense

-

2

21

14

-

5

12

1

-

5

26

Foreign currency gain (loss)

-202

-394

-155

-161

-102

-16

-182

-324

51

-30

280

Income before income taxes

21,679

28,444

21,106

16,242

11,424

6,320

4,328

3,993

3,752

4,025

2,215

Other income, net

-

-

-

-

-

-

-

-

-

14

-26

Provision for income taxes

3,745

5,501

3,929

5,652

3,666

2,405

1,126

1,422

1,609

-1,988

617

Net income

17,934

22,943

17,177

10,590

7,758

3,915

3,202

2,571

2,143

6,013

1,598

Earnings per share of common stock:
Basic (in dollars per share)

0.91

1.18

0.91

0.57

0.44

0.24

0.21

0.17

0.14

0.38

0.10

Diluted (in dollars per share)

0.88

1.13

0.86

0.55

0.42

0.23

0.20

0.16

0.13

0.37

0.10

Weighted-average shares outstanding:
Basic (in shares)

19,813

19,426

18,961

18,485

17,764

16,614

15,317

15,194

15,458

15,627

15,687

Diluted (in shares)

20,326

20,242

20,033

19,241

18,316

17,008

15,764

15,638

15,989

16,114

15,916

Cash dividends declared per common share (in dollars per share)

0.34

0.28

0.22

0.18

0.16

0.14

0.12

0.10

0.08

-

0.00