Lifeway Foods, Inc. LWAY Income Statement

Lifeway foods, inc. (LWAY)

Income statement / TTM

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
-	93,529	95,280	99,223	-	106,575	110,881	115,518	118,893	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cost of goods sold
68,367	68,457	69,536	72,188	74,646	77,907	80,346	82,708	85,757	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation expense
-	0	0	0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total cost of goods sold
71,513	71,395	72,469	75,099	77,492	80,689	83,008	85,242	88,197	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gross Sales
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	131,257	130,216	126,295	120,192	113,436	108,966	102,907	98,922	95,798	89,754	85,616	82,422	79,621	77,122	74,292	70,415	0	0	0
Less: discounts and allowances
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	11,807	11,256	11,221	11,436	11,167	11,442	10,868	10,057	9,457	8,402	8,278	8,003	7,557	7,152	6,496	6,035	0	0	0
Net sales
-	-	-	-	-	-	-	-	-	-	-	-	123,879	123,236	122,845	121,535	118,587	119,194	119,705	119,450	118,960	115,073	108,756	102,268	97,524	92,038	88,865	86,341	81,351	77,337	74,419	72,063	69,970	67,796	64,380	0	0	0
Cost of goods sold
-	-	-	-	-	-	-	-	-	-	-	-	86,524	87,857	86,428	88,425	86,292	86,663	88,312	86,985	87,561	86,112	80,928	74,554	68,275	61,300	58,130	55,594	53,098	53,313	50,928	50,712	47,151	41,592	39,088	0	0	0
Depreciation expense
-	-	-	-	-	-	-	-	-	-	-	-	2,323	2,401	2,482	2,453	2,413	2,322	2,319	2,343	2,536	2,421	2,221	2,015	1,626	1,636	1,633	1,624	1,629	1,608	1,597	1,575	1,552	1,512	1,397	0	0	0
Total cost of goods sold
-	-	-	-	-	-	-	-	-	-	-	-	88,847	90,258	88,910	90,878	88,705	88,986	90,632	89,328	90,097	88,534	83,149	76,569	69,901	62,937	59,763	57,219	54,727	54,921	52,526	52,288	48,704	43,105	40,485	0	0	0
Gross profit
22,149	22,134	22,811	24,124	25,858	25,886	27,873	30,276	30,696	34,191	34,333	34,789	35,032	32,520	33,477	30,199	29,882	30,666	29,531	30,579	28,863	26,539	25,606	25,699	27,623	29,100	29,102	29,122	26,623	22,415	21,892	19,775	21,265	24,690	23,894	0	0	0
Selling expenses
11,062	11,449	11,906	12,598	13,477	15,484	16,358	16,375	16,595	15,382	15,678	15,741	14,467	13,999	12,399	11,554	11,892	10,259	10,357	11,433	11,611	10,603	10,614	9,797	9,131	10,890	11,049	10,795	10,703	10,591	10,279	10,554	10,114	9,689	8,769	0	0	0
General and administrative
12,828	12,865	13,305	13,403	13,616	13,063	13,058	13,875	13,955	14,226	14,389	13,622	13,783	12,528	13,218	13,783	12,871	15,828	14,458	12,954	12,301	11,266	10,310	10,260	9,748	7,307	7,257	6,879	6,319	4,433	4,733	4,761	5,290	6,795	6,352	0	0	0
Amortization expense
192	293	417	541	631	658	663	667	672	672	680	689	697	708	711	713	716	716	716	716	716	715	715	714	713	714	733	743	754	770	769	0	-	0	0	-	-	-
Amortization expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Total operating expenses
24,082	25,851	26,872	27,786	28,968	29,205	30,079	30,917	31,222	30,280	30,747	30,052	28,947	27,235	26,328	26,050	25,479	26,804	25,531	25,103	24,628	22,585	21,639	20,771	19,592	18,912	19,040	18,419	17,778	15,796	15,782	16,092	16,189	17,249	15,865	0	0	0
Loss from operations
-1,933	-3,717	-4,061	-3,662	-3,110	-3,319	-2,206	-641	-526	3,911	3,586	4,737	6,085	5,743	7,607	4,607	4,403	3,404	3,541	5,017	4,235	3,953	3,966	4,927	8,031	10,188	10,061	10,702	8,844	6,619	6,109	3,683	5,076	7,441	8,028	0	0	0
Other income (expense):
Interest and dividend income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	122	120	134	129	116	115	94	88	85	73	71	64	70	146	185	0	0	0
Rental income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4	6	7	9	12	10	12	12	12	14	11	0	-	0	0	-	0	0
Interest expense
249	253	270	277	271	282	262	248	242	239	233	219	220	218	217	229	236	261	268	276	277	263	261	232	203	175	157	163	177	187	207	235	247	281	300	0	0	0
Gain (loss) on sale of investments
-	-	-	-	-	-	-	-	-	-	-	-8	-15	-66	-77	-79	-72	38	14	89	99	112	135	135	195	166	170	117	71	32	-4	-8	-29	-37	80	0	0	0
Gain on sale of property and equipment
189	195	69	64	54	0	0	0	-	0	0	-	-284	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other income, net
-	0	0	0	-	0	0	0	-	-34	-6	54	71	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Impairment of investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	475	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-
(Loss) / Gain on sale of property and equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	253	241	326	43	7	-296	-381	-305	-305	0	0	0	-	-	-	-	-	0	-	-	-	-
Other income (expense), net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-181	-155	-116	-8	210	0	-11	-11	-219	-10	0	0	0	0	0	-	-	-	-	-	-
Other income
-	-	-	18	-	-	-	21	2	-289	-365	-457	-448	-619	-680	-358	-411	-151	105	-111	-37	-527	-363	-251	-174	290	84	8	-19	-58	-136	-178	-243	-182	-27	0	0	0
Total other income (expense)
-	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss before provision for income taxes
1,235	-3,688	-4,249	-3,861	-3,311	-3,545	-2,477	-900	-804	3,622	3,221	4,280	5,637	5,124	6,927	4,249	3,992	3,252	3,647	4,906	4,198	3,426	3,603	4,675	7,857	10,513	10,181	10,746	8,824	6,526	5,938	3,469	4,833	7,258	8,001	0	0	0
Benefit for income taxes
782	-275	-394	-317	-225	-1,522	-1,211	-500	-458	1,738	1,644	1,632	2,158	1,799	2,645	1,976	2,020	1,631	1,905	2,593	2,242	1,915	1,416	1,754	2,867	3,980	3,936	3,856	3,205	2,345	2,129	1,445	1,977	3,132	3,720	0	0	0
Net income (loss)
453	-3,413	-3,855	-3,544	-3,086	-2,023	-1,266	-400	-346	1,884	1,577	2,648	3,479	3,325	4,282	2,273	1,972	1,620	1,741	2,312	1,956	1,510	2,187	2,921	4,990	6,533	6,245	6,890	5,619	4,180	3,808	2,024	2,855	4,126	4,280	0	0	0
Basic loss per common share
0.06	0.00	-0.01	-0.02	-0.17	-0.03	0.01	0.00	-0.11	0.02	0.06	0.01	0.03	0.00	0.13	0.06	-	0.05	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Diluted loss per common share
0.06	0.00	-0.01	-0.02	-0.17	-0.03	0.01	0.00	-0.11	0.02	0.06	0.01	0.03	0.00	0.13	0.06	-	0.05	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Weighted average number of shares outstanding - Basic
15,710	15,740	15,775	15,767	15,829	15,872	15,879	15,908	16,019	16,093	16,154	16,154	16,141	16,141	16,149	16,189	-	16	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Weighted average number of shares outstanding - Diluted
15,934	15,740	15,775	15,767	17,009	16,256	15,992	16,019	15,893	16,168	16,203	16,156	16,141	16,161	16,149	16,189	-	16	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Basic and diluted earnings per common share
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.01	0.04	0.00	0.06	0.04	0.02	-0.02	0.10	0.09	0.14	0.05	0.09	0.13	0.07	-0.03	0.06	0.02	0.12	0.05	0.07
Weighted average number of shares outstanding
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	16	16	-48,972	16,346	16,346	16,346	-48,972	16,346	16,346	16,346	16,351	16,366	16,376	16,397	16,419	16,428	16,434	16,489	16,625	16,701
Net income (loss)
453	-3,413	-3,855	-3,544	-3,086	-2,023	-1,266	-400	-346	1,884	1,577	2,648	3,479	3,325	4,282	2,273	1,972	1,620	1,741	2,312	1,956	1,510	2,187	2,921	4,990	6,533	6,245	6,890	5,619	4,180	3,808	2,024	2,855	4,126	4,280	0	0	0
Unrealized gains on investments, net of $0 and $38 of taxes
-	-	-	-	-	-	-	-	-	-	-	-	62	262	73	30	-47	0	0	0	-	-	-	-	64	44	77	125	102	150	5	31	17	44	71	0	0	0
Other than temporary impairment of investments, net of taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-130	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Unrealized gains (losses) on investments (net of tax)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Realized (gains) losses on investments, net of $0 and $6 of taxes
-	-	-	-	-	-	-	-	-	-	-	-	9	-86	46	40	44	102	-7	-60	-60	-23	-69	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-
Less reclassification adjustment for (gains) losses included in net income (net of taxes)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-1	-23	-25	-16	0	0	0	-	-
Less reclassification adjustment for (gains) losses included in net income (net of taxes)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Comprehensive income (loss)
-	-	-	-	-	-	-	-	-	-	-	-	3,550	3,524	4,424	2,370	2,099	1,458	1,558	2,167	1,750	1,470	2,255	2,865	4,944	6,462	6,205	6,929	5,682	4,332	3,836	2,081	2,889	4,191	4,304	0	0	0