METHODE ELECTRONICS, INC. MEI Income Statement

Methode electronics, inc. (MEI)

Income statement / Quarterly

Feb'20	Oct'19	Jul'19	Apr'19	Jan'19	Oct'18	Jul'18	Apr'18	Jan'18	Oct'17	Jul'17	Apr'17	Jan'17	Oct'16	Jul'16	Apr'16	Jan'16	Oct'15	Jul'15	Apr'15	Jan'15	Oct'14	Jul'14	Apr'14	Jan'14	Oct'13	Jul'13	Apr'13	Jan'13	Oct'12	Jul'12	Apr'12	Jan'12	Oct'11	Jul'11	Apr'11	Jan'11	Oct'10	Jul'10
Net Sales
285,900	257,200	270,200	266,000	246,900	264,000	223,400	249,000	228,000	230,100	201,200	219,700	195,600	209,300	191,900	212,800	184,600	208,400	203,300	227,300	206,000	229,700	218,100	224,800	189,800	190,900	167,300	148,323	122,982	129,758	118,737	126,406	112,000	115,890	110,804	119,424	102,102	107,716	98,973
Cost of Products Sold
206,600	188,600	194,400	195,400	182,600	193,200	163,300	187,100	167,900	168,100	145,600	164,500	142,200	153,700	137,800	152,000	137,000	157,500	149,700	175,400	149,800	169,500	167,600	182,000	151,300	149,500	133,300	120,514	102,949	107,466	97,271	103,458	92,746	94,972	90,824	92,772	82,668	84,073	79,529
Gross Profit
79,300	68,600	75,800	70,600	64,300	70,800	60,100	61,900	60,100	62,000	55,600	55,200	53,400	55,600	54,100	60,800	47,600	50,900	53,600	51,900	56,200	60,200	50,500	42,800	38,500	41,400	34,000	27,809	20,033	22,292	21,466	22,948	19,254	20,918	19,980	26,652	19,434	23,643	19,444
Income from settlement
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	20,000	-	-	0	0	-	-	-	-	-
Restructuring
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-21	-
Selling and Administrative Expenses
33,000	33,200	32,400	32,600	32,800	48,000	29,500	32,400	22,500	31,200	29,600	28,800	23,700	25,900	26,800	27,000	26,100	24,500	23,200	24,900	21,500	25,400	22,200	18,900	22,100	19,700	18,900	18,051	15,776	15,177	17,296	16,222	16,838	18,278	18,562	18,443	15,496	21,293	15,595
Amortization of Intangibles
4,800	4,700	4,800	5,000	5,500	3,700	1,900	1,900	2,000	1,100	600	500	600	600	600	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income from Operations
41,500	30,700	38,600	33,000	26,000	19,100	28,700	27,600	35,600	29,700	25,400	25,900	29,100	29,100	26,700	31,400	21,500	26,400	30,400	14,400	34,700	34,800	28,300	20,400	16,400	21,700	15,100	3,658	4,257	27,115	4,170	4,926	2,416	2,640	1,418	5,786	3,938	2,371	3,849
Interest Expense, Net
-2,400	-2,700	-2,900	-3,300	-3,200	-1,600	-200	-200	-300	-200	-200	700	-200	-100	0	0	-200	-300	-200	-400	-200	-100	0	0	100	100	100	-27	20	53	-46	-141	-164	1	4	-5	116	61	26
Other Income, Net
4,900	1,000	-100	400	4,900	100	-300	3,800	3,800	-400	-800	1,800	1,000	1,900	0	-1,000	1,000	200	300	0	300	-200	100	3,400	-300	-400	-100	-691	-114	-536	41	466	-615	-194	43	-591	490	-2,032	849
Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Noncontrolling Interest
44,000	29,000	35,600	30,100	27,700	17,600	28,200	30,800	39,100	29,100	24,800	27,800	30,300	31,100	26,700	30,400	22,700	26,900	30,900	22,500	35,200	34,700	28,400	23,800	16,000	21,200	14,900	2,994	4,123	26,526	4,257	5,533	1,965	2,445	1,457	5,200	4,312	278	4,672
Income Tax Expense (Benefit)
2,800	5,200	7,300	7,500	-3,000	3,000	4,500	-6,000	63,400	4,900	4,300	4,700	6,600	6,200	5,500	7,700	5,500	5,700	7,400	-4,000	8,100	8,700	7,000	-24,400	1,400	1,400	1,300	-7,019	855	3,234	430	-223	1,180	2,221	22	-3,987	-1,499	768	642
Net income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	26,500	27,100	26,000	21,400	48,200	14,600	19,800	13,600	10,013	3,268	23,292	3,827	5,756	785	224	1,435	9,842	5,811	-490	4,030
Less: Net loss attributable to noncontrolling interest
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-100	0	0	0	100	0	0	0	-110	-57	-71	-62	-30	-24	-87	-59	-223	-72	23	-35
Net Income
41,200	23,800	28,300	22,600	30,700	14,600	23,700	36,800	-24,300	24,200	20,500	23,100	23,700	24,900	21,200	22,700	17,200	21,200	23,500	26,600	27,100	26,000	21,400	48,100	14,600	19,800	13,600	10,123	3,325	23,363	3,889	5,786	809	311	1,494	10,065	5,883	-513	4,065
Basic and Diluted Income per Share:
Basic income per share (in dollars per share)
-	-	-	-	-	-	-	0.99	-0.65	0.65	0.55	0.62	0.64	0.66	0.57	0.61	0.45	0.55	0.60	0.69	0.69	0.67	0.56	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Diluted income per share (in dollars per share)
-	-	-	-	-	-	-	0.98	-0.65	0.64	0.55	0.62	0.63	0.66	0.57	0.61	0.45	0.54	0.60	0.68	0.68	0.66	0.55	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Basic (in dollars per share)
1.10	0.63	0.75	-	0.82	0.39	0.63	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.38	0.52	0.36	-	0.09	0.62	0.10	-	0.02	0.01	0.04	0.27	0.16	-0.01	0.11
Diluted (in dollars per share)
1.09	0.63	0.75	-	0.82	0.39	0.63	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.38	0.51	0.36	-	0.09	0.62	0.10	-	0.02	0.01	0.04	0.26	0.16	-0.01	0.11
Cash Dividends per Share (in dollars per share)
0.11	0.11	0.11	0.11	0.11	0.11	0.11	0.11	0.11	0.09	0.09	0.09	0.09	0.09	0.09	0.09	0.09	0.09	0.09	0.09	0.09	0.09	0.09	0.09	0.07	0.07	0.07	0.07	0.07	0.07	0.07	0.07	0.07	0.07	0.07	0.07	0.07	0.07	0.07
Weighted Average Number of Common Shares Outstanding:
Weighted Average Number of Shares Outstanding, Basic
-	-	-	-	-	-	-	-	37,292	37,283	37,248	-	37,217	37,353	37,322	-	38,159	38,972	38,904	-	38,791	38,694	38,464	-	38,051	37,718	37,552	-	37,413	37,413	37,391	-	37,309	37,309	37,277	-	37,144	37,058	37,045
Weighted Average Number of Shares Outstanding, Diluted
-	-	-	-	-	-	-	-	37,292	37,668	37,561	-	37,470	37,541	37,469	-	38,278	39,077	39,030	-	39,615	39,516	38,648	-	38,474	38,486	38,251	-	37,995	37,975	37,893	-	37,540	37,520	37,518	-	37,641	37,058	37,289