LEMAITRE VASCULAR INC LMAT Income Statement

Lemaitre vascular inc (LMAT)

Income statement / TTM

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
119,304	117,232	115,451	110,516	108,053	105,568	103,332	103,989	102,722	100,867	98,002	96,396	93,032	89,151	86,346	82,155	79,663	78,352	76,550	75,026	73,290	71,097	70,332	68,131	65,921	64,549	61,434	59,779	58,189	56,735	55,345	56,264	57,015	57,685	57,930	57,524	0	0	0
Cost of sales
38,432	37,379	36,288	34,264	33,124	31,629	30,359	30,694	30,904	30,170	29,363	28,315	27,099	26,215	25,201	24,513	24,258	24,186	23,959	23,948	22,966	22,666	22,773	21,859	20,788	19,434	17,837	16,883	15,985	15,867	15,392	16,143	17,069	17,458	16,828	15,949	0	0	0
Gross profit
80,872	79,853	79,163	76,252	74,929	73,939	72,973	73,295	71,818	70,697	68,639	68,081	65,933	62,936	61,145	57,642	55,405	54,166	52,591	51,078	50,324	48,431	47,559	46,272	45,133	45,115	43,597	42,896	42,204	40,868	39,953	40,121	39,946	40,227	41,102	41,575	0	0	0
Sales and marketing
30,439	30,339	29,701	28,894	28,073	27,318	26,698	26,277	26,084	25,948	26,506	26,846	26,786	26,105	25,267	24,215	23,195	22,780	22,096	21,698	21,716	22,087	22,722	22,836	22,604	22,143	21,779	21,485	21,366	20,811	20,039	19,885	19,615	19,375	19,344	19,334	0	0	0
General and administrative
19,302	19,055	18,488	17,920	17,936	17,689	17,380	17,959	17,159	17,010	16,868	15,901	15,565	14,354	13,978	13,838	13,730	14,010	13,888	14,198	14,191	13,889	13,721	13,238	13,009	12,576	11,927	11,537	11,187	10,973	10,988	10,898	11,048	11,228	11,050	10,743	0	0	0
Research and development
10,030	9,276	9,124	8,880	8,612	8,197	7,433	7,157	6,803	6,636	6,575	6,353	6,353	6,141	6,194	6,076	5,773	5,479	4,985	4,673	4,479	4,671	4,992	5,183	5,314	5,243	5,402	5,363	5,230	5,092	4,670	4,383	4,288	4,425	4,421	4,785	0	0	0
Gain on acquisitions and divestitures
-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	0	-	-	-	-
Medical device excise tax
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	744	725	713	706	689	690	665	639	635	0	0	0	-	-	0	-	-	-	-	-	-	-
Restructuring charges
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	526	0	0	0	-	-	-	-	-	-	-	-	2,161	0	0	0	-	-
Impairment charges
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	83	151	0	0	-	0
Total operating expenses
59,771	58,670	55,715	54,096	47,147	45,730	45,635	45,517	50,046	49,594	49,949	49,100	48,704	46,600	45,629	44,149	42,901	42,653	41,428	41,384	41,444	42,091	42,786	42,575	41,969	40,597	39,321	38,395	37,695	36,628	35,811	34,989	35,372	36,537	36,212	36,668	0	0	0
Income from operations
21,101	21,183	23,448	22,156	27,782	28,209	27,338	27,778	21,772	21,103	18,690	18,981	17,229	16,336	15,516	13,493	12,504	11,513	11,163	9,694	8,880	6,340	4,773	3,697	3,164	4,518	4,276	4,501	4,509	4,240	4,142	5,132	4,574	3,690	4,890	4,907	0	0	0
Other income (expense):
Interest income
646	698	753	752	693	631	531	387	254	179	126	102	86	81	58	38	0	-	0	0	-	-	0	-	-	4	14	60	72	78	72	29	17	11	15	20	0	0	0
Interest expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	0	-	-	12	0	0	0	-	-	0	-	-	-	-	-	-	-
Foreign currency gain (loss)
-301	-202	-457	-324	-432	-394	-326	-279	-222	-155	-191	-224	-85	-161	-34	-158	-169	-102	-188	49	43	-16	-50	-88	-174	-182	-186	-193	-176	-324	-284	-340	-286	51	130	111	0	0	0
Income before income taxes
21,446	21,679	23,742	22,582	28,041	28,444	27,522	27,865	21,783	21,106	18,611	18,845	17,216	16,242	15,543	13,375	12,363	11,424	10,983	9,743	8,919	6,320	4,724	3,610	2,985	4,328	4,085	4,355	4,400	3,993	3,922	4,813	4,297	3,752	5,033	5,050	0	0	0
Other income, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-2	12	0	0	0
Provision for income taxes
3,851	3,745	4,396	4,106	5,438	5,501	6,320	5,935	3,972	3,929	3,121	5,168	5,573	5,652	5,020	3,989	3,808	3,666	3,839	3,757	3,428	2,405	1,979	1,078	836	1,126	931	1,259	1,369	1,422	1,703	2,043	1,832	1,609	1,719	1,439	0	0	0
Net income
17,595	17,934	19,346	18,476	22,603	22,943	21,202	21,930	17,811	17,177	15,490	13,677	11,643	10,590	10,523	9,386	8,555	7,758	7,144	5,986	5,491	3,915	2,745	2,532	2,149	3,202	3,154	3,096	3,031	2,571	2,219	2,770	2,465	2,143	3,314	3,611	0	0	0
Earnings per share of common stock:
Basic (in dollars per share)
0.16	0.24	0.26	0.23	0.18	0.31	0.22	0.45	0.20	0.23	0.26	0.25	0.17	0.14	0.17	0.14	0.12	0.14	0.12	0.10	0.08	0.12	0.05	0.08	-0.01	0.04	0.05	0.06	0.06	0.05	0.04	0.05	0.03	-	0.08	0.03	-	0.10	0.10
Diluted (in dollars per share)
0.16	0.23	0.25	0.23	0.17	0.30	0.21	0.43	0.19	0.22	0.25	0.23	0.16	0.13	0.17	0.14	0.11	0.13	0.11	0.10	0.08	0.11	0.05	0.08	-0.01	0.04	0.05	0.06	0.05	0.05	0.04	0.05	0.02	-	0.08	0.03	-	0.09	0.09
Weighted-average shares outstanding:
Basic (in shares)
20,168	20,061	19,871	19,680	19,640	19,598	19,503	19,320	19,283	19,273	19,124	18,816	18,631	18,672	18,524	18,408	18,336	18,187	17,865	17,582	17,422	17,409	17,348	16,113	15,586	15,460	15,339	15,250	15,219	15,151	15,130	15,201	15,294	15,406	15,491	15,470	15,465	15,622	15,613
Diluted (in shares)
20,438	20,475	20,378	20,246	20,205	20,234	20,293	20,260	20,181	20,303	20,147	19,975	19,707	19,878	19,248	18,978	18,860	18,906	18,497	18,065	17,796	18,192	17,709	16,545	15,586	15,927	15,780	15,701	15,648	15,585	15,605	15,636	15,726	15,817	16,030	16,071	16,038	16,157	16,050
Cash dividends declared per common share (in dollars per share)
0.09	0.08	0.08	0.08	0.08	0.07	0.07	0.07	0.07	0.05	0.05	0.05	0.05	0.04	0.04	0.04	0.04	0.04	0.04	0.04	0.04	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.02	0.02	0.02	0.02	0.02	0.02	0.02	0.02	-	-