MGP INGREDIENTS, INC. MGPI Income Statement

Mgp ingredients, inc. (MGPI)

Income statement / TTM

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	Sep'10
Sales
372,731	362,745	375,132	379,478	377,229	376,089	359,432	350,734	348,235	347,448	340,400	333,958	328,597	318,263	318,627	319,064	324,026	327,604	322,420	319,607	314,820	313,403	314,372	317,028	315,856	323,264	332,320	328,256	334,395	334,335	318,324	318,355	301,619	279,463	0	0	0	0
Cost of sales
289,648	286,213	294,552	298,089	295,921	292,490	281,916	274,192	272,309	271,432	266,324	263,386	261,319	252,980	255,174	258,870	261,835	269,071	273,631	275,369	279,802	284,972	284,038	293,190	295,045	302,025	311,575	302,266	307,770	309,312	300,566	303,866	295,834	272,786	0	0	0	0
Sales
-	-	-	-	-	-	-	-	-	-	-	-	-	328,081	328,148	328,317	338,214	345,887	344,716	344,802	338,634	338,352	335,387	332,130	329,934	334,070	339,484	334,964	338,520	338,232	322,307	322,256	303,875	279,656	0	0	0	-
Less: excise taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	9,818	9,521	9,253	14,188	18,283	22,296	25,195	23,814	24,949	21,015	15,102	14,078	10,806	7,164	6,708	4,125	3,897	3,811	3,729	2,084	21	0	0	0	-
Gross profit
83,083	76,532	80,580	81,389	81,308	83,599	77,516	76,542	75,926	76,016	74,076	70,572	67,278	65,283	63,453	60,194	62,191	58,533	48,789	44,238	35,018	28,431	30,334	23,838	20,811	21,239	20,745	25,990	26,625	25,023	17,758	14,489	5,785	6,677	0	0	0	0
Selling, general and administrative expenses
30,646	29,290	32,977	33,375	33,036	33,451	33,448	34,018	34,020	33,107	31,101	29,928	28,021	26,693	25,387	23,903	25,524	25,683	24,899	24,368	21,509	20,101	24,001	25,795	25,399	26,202	23,871	23,148	24,663	26,536	26,413	25,450	24,045	21,987	0	0	0	0
Insurance recoveries (Note 16)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	8,290	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-
Other operating income, net
-	-	-	-	-	-	-	-	-	-	-	-	-	3,385	3,385	0	0	-	0	-	-	-1	0	0	0	-	-	-	-	-	-	-	-	0	0	0	-	0
Operating income
52,437	47,242	47,603	48,014	48,272	50,148	44,068	42,524	41,906	42,909	42,975	44,029	42,642	41,975	41,451	36,291	36,667	32,850	30,957	28,229	21,798	16,619	7,378	-2,205	-4,766	-5,199	-3,169	3,651	2,595	-944	3,825	374	-7,174	-4,102	0	0	0	0
Gain on sale of equity method investment
-	-	-	-	-	-	-	-	-	11,381	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Equity method investment loss
-	-	-	-	-	-	-	-	-	-348	1,428	2,092	3,990	4,036	2,352	3,250	5,267	6,102	8,860	8,919	8,154	10,137	8,045	6,333	4,073	-204	-1,427	-1,466	-1,680	-301	2,443	-257	-2,410	-2,723	0	0	0	0
Gain on sale of joint venture interest
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4,055	0	0	0	-	-	-	-	-
Other income (expense), net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	53	0	0	0	0
Interest expense, net and other
1,695	1,305	1,275	1,245	1,213	1,168	1,080	970	1,060	1,184	1,248	1,365	1,314	1,294	1,140	913	714	534	575	660	749	816	904	974	1,033	1,118	987	943	898	870	928	817	585	422	0	0	0	0
Income before income taxes
50,742	45,937	46,328	46,769	47,059	48,980	42,988	52,935	51,408	52,758	54,536	44,756	45,318	44,717	42,663	38,628	41,220	38,418	39,242	36,488	29,203	25,940	14,519	3,154	-1,726	-6,521	-5,584	1,240	17	1,942	9,400	3,407	-6,062	-7,194	0	0	0	0
Income tax expense (benefit)
11,827	7,144	8,660	8,308	8,982	11,696	4,887	9,705	9,336	10,935	17,067	11,892	12,515	13,533	13,285	12,011	13,040	12,227	11,967	9,756	5,243	2,265	-1,760	-572	-633	-714	210	291	198	318	-8,188	-8,254	-8,315	-8,272	0	0	0	0
Net income (loss) from continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-5,807	-5,794	949	-181	1,624	0	0	0	-	-	-	-	-
Discontinued operations, net of tax (Note 11)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	878	1,406	1,406	1,406	0	0	0	0	-	-	-	-	-
Net income
38,915	38,793	37,668	38,461	38,077	37,284	38,101	43,230	42,072	41,823	37,469	32,864	32,803	31,184	29,378	26,617	28,180	26,191	27,275	26,732	23,960	23,675	15,751	3,198	-1,621	-4,929	-4,388	2,355	1,225	1,624	17,588	11,661	2,253	1,078	0	0	0	0
Income attributable to participating securities
253	253	382	502	599	708	0	0	0	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income attributable to common shareholders and used in earnings per share calculation
38,662	38,540	37,286	37,959	37,478	36,576	0	0	0	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
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
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0
Comprehensive income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0
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