Medifast, inc. (MED)
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
Revenue

178,461

170,632

190,061

187,103

165,876

145,844

139,239

117,324

98,596

78,007

77,205

75,729

70,622

62,467

68,578

71,144

72,345

61,312

65,936

72,161

73,364

62,303

69,017

74,732

79,233

44,459

86,480

97,072

96,043

45,108

90,968

93,571

88,924

69,572

76,067

78,255

74,295

67,282

66,660

Cost of sales

43,221

42,564

47,128

46,393

40,729

36,753

32,038

28,525

23,788

18,881

19,022

18,118

17,730

15,385

16,415

17,919

19,151

16,094

16,776

18,994

19,594

17,328

18,283

19,158

21,309

14,085

21,627

24,142

23,634

14,430

22,632

23,431

22,169

17,240

19,625

19,214

17,614

16,823

17,194

Gross profit

135,240

128,068

142,933

140,710

125,147

109,091

107,201

88,799

74,808

59,126

58,183

57,611

52,892

47,082

52,163

53,225

53,194

45,218

49,160

53,167

53,770

44,975

50,734

55,574

57,924

30,374

64,853

72,930

72,409

30,678

68,336

70,140

66,755

52,332

56,442

59,041

56,681

50,459

49,466

Selling, general, and administrative

111,707

109,361

122,671

113,355

100,432

89,288

89,734

71,689

60,125

49,640

47,956

46,301

44,283

40,468

43,210

48,201

46,926

39,684

41,185

44,504

47,258

40,791

44,144

45,713

48,313

18,532

57,504

62,289

63,831

23,201

59,408

65,542

60,618

50,820

49,732

49,984

46,578

41,411

40,210

Income from operations

23,533

18,707

20,262

27,355

24,715

19,803

17,467

17,110

14,683

9,486

10,227

11,310

8,609

6,614

8,953

5,024

6,268

5,534

7,975

8,663

6,512

4,184

6,590

9,861

9,611

11,842

7,349

10,641

8,578

7,477

8,928

4,598

6,137

1,512

6,710

9,057

10,103

9,048

9,256

Other income (expense)
Interest income, net

110

234

324

425

312

366

361

330

249

206

148

141

63

43

60

65

115

211

154

164

132

262

149

170

135

192

167

98

52

77

64

90

73

79

98

79

63

74

44

Other expense

-19

40

-3

-2

-6

1

0

179

-1

104

-4

-3

39

3

-2

3

-24

197

-20

1

148

-285

769

63

184

-457

362

139

80

-12

-13

814

123

-136

-6

6

115

-41

-96

Other income (expense)

91

274

321

423

306

367

361

509

248

310

144

138

102

46

58

68

91

408

134

165

280

-23

918

233

319

-265

529

237

132

65

51

904

196

-57

92

85

178

33

-52

Income from operations before income taxes

23,624

18,981

20,583

27,778

25,021

20,170

17,828

17,619

14,931

9,796

10,371

11,448

8,711

6,660

9,011

5,092

6,359

5,942

8,109

8,828

6,792

4,161

7,508

10,094

9,930

11,577

7,878

10,878

8,710

7,542

8,979

5,502

6,333

1,455

6,802

9,142

10,281

9,081

9,204

Provision for income taxes

5,147

-900

4,681

6,395

4,271

4,517

4,047

3,486

2,709

2,490

3,685

3,864

2,566

2,547

2,946

1,695

2,099

2,040

2,707

2,981

2,376

1,577

2,227

3,475

3,385

3,121

2,205

3,805

2,777

3,111

1,771

2,689

2,343

285

1,733

3,198

3,923

3,330

3,666

Income from continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,902

5,402

5,847

4,416

2,584

5,281

6,619

6,545

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income from discontinued operations, net of tax

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-42

104

401

28

-5,945

-426

-899

-578

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income

18,477

19,881

15,902

21,383

20,750

15,653

13,781

14,133

12,222

7,306

6,686

7,584

6,145

4,113

6,065

3,397

4,260

3,860

5,506

6,248

4,444

-3,361

4,855

5,720

5,967

5,290

5,673

7,073

5,933

1,865

7,208

2,813

3,990

1,170

5,069

5,944

6,358

5,751

5,538

Basic earnings per share
Earnings per share from continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.35

0.45

0.48

0.36

0.25

0.42

0.50

0.49

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Earnings per share from discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.00

0.01

0.03

0.00

-0.49

-0.03

-0.06

-0.04

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Earnings per share - basic

1.57

1.71

1.36

1.80

1.75

1.33

1.15

1.17

1.02

0.60

0.56

0.64

0.52

0.35

0.51

0.29

0.36

0.35

0.46

0.51

0.36

-0.24

0.39

0.44

0.45

0.39

0.41

0.51

0.43

0.14

0.53

0.20

0.29

0.10

0.37

0.42

0.44

0.41

0.40

Diluted earnings per share
Earnings per share from continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.33

0.45

0.48

0.36

0.24

0.42

0.50

0.49

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Earnings per share from discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.00

0.01

0.03

0.00

-0.49

-0.03

-0.06

-0.04

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Earnings per share - diluted

1.56

1.66

1.32

1.75

1.70

1.31

1.14

1.16

1.01

0.60

0.55

0.63

0.51

0.33

0.51

0.29

0.36

0.33

0.46

0.51

0.36

-0.25

0.39

0.44

0.45

0.38

0.41

0.51

0.43

0.15

0.52

0.20

0.29

0.10

0.36

0.41

0.44

0.39

0.38

Weighted average shares outstanding -
Basic

11,772

11,612

11,731

11,861

11,880

11,767

11,954

12,037

12,030

11,936

11,930

11,929

11,901

11,847

11,848

11,811

11,862

11,736

11,923

12,069

12,108

12,011

12,457

13,050

13,160

13,539

13,884

13,863

13,809

13,758

13,705

13,747

13,676

13,580

13,782

14,175

14,320

14,137

14,014

Diluted

11,824

11,945

12,065

12,218

12,240

11,906

12,097

12,174

12,139

12,192

12,095

12,056

12,009

12,034

11,948

11,884

11,922

11,908

12,020

12,159

12,197

12,145

12,569

13,149

13,248

13,490

13,903

13,963

13,913

13,492

13,804

13,834

13,827

13,726

14,007

14,461

14,598

14,769

14,742

Cash dividends declared per share

1.13

1.13

0.75

0.75

0.75

0.75

0.48

0.48

0.48

0.48

0.32

0.32

0.32

0.32

0.25

0.25

0.25

-

-

0.00

0.00

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-