LSI INDUSTRIES INC LYTS Income Statement

Lsi industries inc (LYTS)

Income statement / Quarterly

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	Dec'10	Sep'10
Net Sales
71,010	82,377	88,701	81,522	72,832	89,541	84,957	83,409	78,843	92,305	87,466	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net sales
-	-	-	-	-	-	-	-	78,843	-	-	-	78,156	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net sales
-	-	-	-	-	-	-	-	-	-	-	-	-	85,658	84,159	-	70,740	84,687	85,925	-	68,603	84,715	78,466	-	68,996	76,123	80,486	68,837	66,152	71,082	74,719	71,196	62,937	68,774	65,495	74,217	64,628	74,805	79,851
Cost of products and services sold
54,834	62,136	66,588	63,414	57,180	69,486	63,541	63,103	58,925	66,998	63,763	62,135	59,445	63,611	62,821	60,997	54,191	60,761	62,576	57,092	52,298	64,160	59,858	58,154	55,281	59,366	61,364	54,101	52,231	57,200	56,848	-	49,621	53,848	50,031	-	48,304	56,158	59,229
Restructuring costs
223	277	258	649	261	376	155	-	0	-	0	48	312	640	503	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Severance costs
11	-	-	-	54	23	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gross profit
15,942	19,964	21,855	17,459	15,337	19,656	21,261	20,306	19,918	25,307	23,703	21,236	18,399	21,407	20,835	19,847	16,549	23,926	23,349	-	16,305	20,555	18,608	-	13,715	16,757	19,122	-	13,921	13,882	17,871	-	13,316	14,926	15,464	-	16,324	18,647	20,622
Selling and administrative expenses
17,032	18,151	19,862	17,480	17,515	19,148	18,327	19,381	19,175	20,677	20,517	20,609	18,515	18,532	19,616	17,766	15,817	18,546	17,586	16,788	15,723	18,331	15,852	15,985	14,661	15,246	16,283	13,918	14,155	14,450	14,844	-	13,222	13,707	13,286	-	13,841	13,998	14,000
Restructuring (gain) costs
-3,729	-1	-4,846	-	107	25	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss on sale of subsidiary
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-565	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Impairment of goodwill
-	-	-	-	-	-	-	-	0	0	28,000	-	479	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	272	2,141	-	-	-	0	-	-	-	-	-
Severance costs
8	54	-	-	-12	469	-	-	-	83	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Impairment of goodwill
-	-	-	-	-	20,165	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Transition and realignment costs
-	-	-	-	-	120	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Acquisition deal costs
-	-	-	-	-	-	-	-	0	-	-	-	1,480	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Restructuring (gain) (see Note 15)
-	-	-	-	-	-	-	-	0	-	-	0	-1,301	57	153	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating income (loss)
2,631	1,760	6,839	-280	-2,273	-20,271	2,934	-2,128	743	4,547	-24,814	499	-774	2,818	1,066	2,081	732	5,380	5,763	2,193	582	2,224	2,534	-1,086	-946	1,511	2,839	818	-506	-2,709	3,027	2,840	94	1,219	2,178	2,550	2,483	4,649	6,622
Interest (income)
1	1	1	1	6	17	14	15	8	8	8	11	25	28	27	31	28	17	8	9	8	6	3	1	2	7	7	7	9	11	20	7	6	11	1	-10	29	4	20
Interest expense
129	234	432	529	585	632	532	475	408	425	411	411	188	8	13	10	9	9	8	11	11	12	11	11	19	19	19	-1	30	-7	40	39	37	48	41	56	40	42	42
Other expense
-642	91	-	-	-183	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other expense
-	-	82	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income (loss) before income taxes
1,861	1,618	6,326	-763	-3,035	-20,886	2,416	-2,588	343	4,130	-25,217	99	-937	2,838	1,080	2,102	751	5,388	5,763	2,191	579	2,218	2,526	-1,096	-963	1,499	2,827	826	-527	-2,691	3,007	2,808	63	1,182	2,138	2,484	2,472	4,611	6,600
Income tax expense (benefit)
0	-125	1,851	-1,625	133	-5,104	667	76	123	5,598	-9,588	-597	-406	832	251	674	229	1,606	2,013	548	186	630	999	-300	46	629	962	14	-212	-241	1,177	1,303	440	410	814	987	357	1,663	2,332
Net income (loss)
1,861	1,743	4,475	862	-3,168	-15,782	1,749	-2,664	220	-1,468	-15,629	696	-531	2,006	829	1,428	522	3,782	3,750	1,643	393	1,588	1,527	-796	-1,009	870	1,865	812	-315	-2,450	1,830	1,505	-377	772	1,324	1,497	2,115	2,948	4,268
Earnings (loss) per common share (see Note 4)
Basic (in dollars per share)
0.07	0.07	0.17	0.03	-0.12	-0.61	0.07	-0.10	0.01	-0.06	-0.61	0.03	-0.02	0.08	0.03	0.06	0.02	0.15	0.15	0.07	0.02	0.06	0.06	-0.04	-0.04	0.04	0.08	0.02	-0.01	-0.10	0.08	0.07	-0.02	0.03	0.05	0.06	0.09	0.12	0.18
Diluted (in dollars per share)
0.07	0.07	0.17	0.03	-0.12	-0.61	0.07	-0.10	0.01	-0.06	-0.61	0.03	-0.02	0.08	0.03	0.05	0.02	0.15	0.15	0.07	0.02	0.06	0.06	-0.04	-0.04	0.04	0.08	0.02	-0.01	-0.10	0.08	0.07	-0.02	0.03	0.05	0.05	0.09	0.12	0.18
Weighted average common shares outstanding
Basic (in shares)
26,301	26,280	26,236	26,189	26,132	26,083	26,032	25,940	25,875	25,858	25,791	25,703	25,452	25,314	25,275	25,197	25,080	24,911	24,764	24,571	24,528	24,449	24,436	24,425	24,401	24,373	24,353	24,329	24,312	24,307	24,304	24,300	24,300	24,298	24,294	24,288	24,291	24,288	24,281
Diluted (in shares)
26,623	26,534	26,293	25,856	26,132	26,083	26,365	25,378	26,437	25,858	25,791	26,785	25,452	25,803	25,912	25,850	25,700	25,624	25,194	24,894	24,643	24,507	24,508	24,669	24,401	24,627	24,487	24,078	24,410	24,391	24,373	24,347	24,360	24,341	24,360	24,296	24,363	24,408	24,289