Mgp ingredients, inc. (MGPI)
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'10
Sales

99,082

92,463

90,685

90,501

89,096

104,850

95,031

88,252

87,956

88,193

86,333

85,753

87,169

81,145

79,891

80,392

76,835

81,509

80,328

85,354

80,413

76,325

77,515

80,567

78,996

77,294

80,171

79,395

86,404

86,350

76,107

85,534

86,344

70,339

76,138

68,798

64,188

56,978

Cost of sales

75,871

70,903

71,895

70,979

72,436

79,242

75,432

68,811

69,005

68,668

67,708

66,928

68,128

63,560

64,770

64,861

59,789

65,754

68,466

67,826

67,025

70,314

70,204

72,259

72,195

69,380

79,356

74,114

79,175

78,930

70,047

79,618

80,717

70,184

73,347

71,586

57,669

46,624

Sales

-

-

-

-

-

-

-

-

-

-

-

-

-

85,005

83,711

82,174

77,191

85,072

83,880

92,071

84,864

83,901

83,966

85,903

84,582

80,936

80,709

83,707

88,718

86,350

76,189

87,263

88,430

70,425

76,138

68,882

64,211

-

Less: excise taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

3,860

3,820

1,782

356

3,563

3,552

6,717

4,451

7,576

6,451

5,336

5,586

3,642

538

4,312

2,314

0

82

1,729

2,086

-86

0

84

23

-

Gross profit

23,211

21,560

18,790

19,522

16,660

25,608

19,599

19,441

18,951

19,525

18,625

18,825

19,041

17,585

15,121

15,531

17,046

15,755

11,862

17,528

13,388

6,011

7,311

8,308

6,801

7,914

815

5,281

7,229

7,420

6,060

5,916

5,627

155

2,791

-2,788

6,519

10,354

Selling, general and administrative expenses

9,503

5,309

7,186

8,648

8,147

8,996

7,584

8,309

8,562

8,993

8,154

8,311

7,649

6,987

6,981

6,404

6,321

5,681

5,497

8,025

6,480

4,897

4,966

5,166

5,072

8,797

6,760

4,770

5,875

6,466

6,037

6,285

7,748

6,343

5,074

4,880

5,690

6,227

Insurance recoveries (Note 16)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

7,067

1,293

-70

0

-

-

-

-

-

-

-

-

-

-

-

-

-

Other operating income, net

-

-

-

-

-

-

-

-

-

-

-

-

-

0

3,385

0

0

-

0

-

-

0

-1

0

0

-

-

-

-

-

-

-

-

-180

294

425

-

562

Operating income

13,708

16,251

11,604

10,874

8,513

16,612

12,015

11,132

10,389

10,532

10,471

10,514

11,392

10,598

11,525

9,127

10,725

10,074

6,365

9,503

6,908

8,181

3,637

3,072

1,729

-1,060

-5,946

511

1,296

970

874

-545

-2,243

5,739

-2,577

-8,093

829

3,565

Gain on sale of equity method investment

-

-

-

-

-

-

-

-

-

0

11,381

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Equity method investment loss

-

-

-

-

-

-

-

-

-

0

0

-819

471

1,776

664

1,079

517

92

1,562

3,096

1,352

2,850

1,621

2,331

3,335

758

-91

71

-942

-465

-130

-143

437

2,279

-2,830

-2,296

124

1,589

Gain on sale of joint venture interest

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

4,055

-

-

-

-

-

Other income (expense), net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2

46

2

3

3

Interest expense, net and other

642

368

364

321

252

338

334

289

207

250

224

379

331

314

341

328

311

160

114

129

131

201

199

218

198

289

269

277

283

158

225

232

255

216

114

0

92

125

Income before income taxes

13,066

15,883

11,240

10,553

8,261

16,274

11,681

10,843

10,182

10,282

21,628

9,316

11,532

12,060

11,848

9,878

10,931

10,006

7,813

12,470

8,129

10,830

5,059

5,185

4,866

-591

-6,306

305

71

346

518

-918

1,996

7,804

-5,475

-10,387

864

5,032

Income tax expense (benefit)

3,224

2,936

3,025

2,642

-1,459

4,452

2,673

3,316

1,255

-2,357

7,491

2,947

2,854

3,775

2,316

3,570

3,872

3,527

1,042

4,599

3,059

3,267

-1,169

86

81

-758

19

25

0

166

100

-68

120

-8,340

34

-129

163

30

Net income (loss) from continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

167

-6,325

280

71

180

418

-850

1,876

-

-

-

-

-

Discontinued operations, net of tax (Note 11)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-528

0

0

1,406

0

0

0

0

-

-

-

-

-

Net income

9,842

12,947

8,215

7,911

9,720

11,822

9,008

7,527

8,927

12,639

14,137

6,369

8,678

8,285

9,532

6,308

7,059

6,479

6,771

7,871

5,070

7,563

6,228

5,099

4,785

-361

-6,325

280

1,477

180

418

-850

1,876

16,144

-5,509

-10,258

701

5,002

Income attributable to participating securities

66

82

54

51

66

211

174

148

175

-

-

-

-

-

-

-

-

-

222

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income attributable to common shareholders and used in earnings per share calculation

9,776

12,865

8,161

7,860

9,654

11,611

8,834

7,379

8,752

-

-

-

-

-

-

-

-

-

6,549

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Share information:
Basic and diluted weighted average common shares (in shares)

17,013

17,032

17,027

17,021

16,967

16,879

16,872

16,869

16,843

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Diluted weighted average common shares (in shares)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

17,155

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other comprehensive income (loss), net of tax

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

330

-72

-

-

-

-

-

-

-

-

-

-

-

-

-

-3,520

2,971

17

28

Comprehensive income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

8,201

4,998

-

-

-

-

-

-

-

-

-

-

-

-

-

-9,029

-7,287

718

5,030

Basic and diluted earnings (loss) per share
Income from continuing operations (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.01

-0.37

0.02

0.00

0.01

0.02

-0.05

0.10

-

-

-

-

-

Income from discontinued operations (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.03

0.00

0.00

0.08

0.00

0.00

0.00

0.00

-

-

-

-

-

Basic and diluted earnings per common share (in dollars per share)

0.57

0.76

0.48

0.46

0.57

0.69

0.52

0.44

0.52

0.74

0.82

0.37

0.50

0.48

0.55

0.37

0.41

0.38

0.38

0.44

0.28

0.42

0.34

0.28

0.26

-0.02

-0.37

0.02

0.08

0.01

0.02

-0.05

0.10

-

-

-

-

-

Total basic earnings (loss) per common share (in Dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.92

-0.33

-0.61

0.04

0.28

Total diluted earnings (loss) per common share (in Dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.92

-0.33

-0.61

0.04

0.28

Dividends and dividend equivalents per common share (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.00

0.00

0.00

0.06

0.00

0.00

0.00

0.05

0.00

0.00

0.00

0.05

0.00

0.00

0.00

0.05

0.00

0.05

-

-

0.05