Mesa laboratories inc /co (MLAB)
Income statement / Quarterly
Dec'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'11Dec'10Sep'10Jun'10
Revenues
Revenues

31,655

25,536

26,288

26,446

26,682

24,865

25,142

26,881

23,671

22,954

22,673

24,299

23,843

24,409

21,114

24,812

19,913

21,776

18,158

18,560

17,830

18,540

16,400

15,714

13,116

12,676

11,218

12,809

11,361

11,706

10,559

-

-

-

-

-

7,652

-

-

Cost of revenues
Cost of revenues

16,978

10,060

10,149

10,832

11,048

10,288

10,051

10,847

10,990

9,721

10,002

10,335

10,306

10,685

9,100

9,816

7,704

8,709

7,017

7,048

6,778

7,417

6,695

6,129

5,410

5,076

4,421

-

-

-

-

-

-

-

-

-

3,212

-

-

Gross profit

14,677

15,476

16,139

15,614

15,634

14,577

15,091

16,034

12,681

13,233

12,671

13,964

13,537

13,724

12,014

14,996

12,209

13,067

11,141

11,512

11,052

11,123

9,705

9,585

7,706

7,600

6,797

8,212

6,947

7,248

6,455

6,464

5,885

5,774

5,388

-

4,440

-

-

Operating expenses:
Selling

4,067

2,274

2,208

2,512

2,054

1,804

1,890

1,914

1,942

2,288

2,679

2,428

2,409

2,694

2,424

1,896

1,517

2,288

1,799

1,999

1,772

1,342

2,063

2,022

1,595

1,419

1,083

1,333

1,223

1,072

1,002

983

949

1,038

939

-

900

-

-

General and administrative

11,605

7,703

7,520

8,471

7,731

7,493

7,600

6,730

6,256

6,412

6,857

4,980

5,881

5,973

5,980

6,214

5,885

6,782

4,737

4,477

4,740

4,005

3,836

3,461

2,781

3,136

2,086

2,335

2,759

2,169

1,854

1,492

1,432

1,144

1,348

-

1,145

-

-

Selling, General & Administrative

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,887

1,944

Research and development

2,110

915

1,019

967

860

842

837

749

752

885

1,153

1,216

861

1,045

1,035

1,043

975

991

963

835

832

876

751

681

524

530

585

611

501

519

380

303

342

306

408

483

393

342

223

Impairment loss on goodwill and long-lived assets

276

-

-

-

3,669

-

-

-

13,819

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Legal settlement

-

-

-

-

-

3,300

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Impairment loss on goodwill

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total operating expenses

18,058

10,892

10,747

13,055

14,314

13,439

10,327

9,393

22,769

9,585

10,689

8,624

9,151

9,712

9,439

9,153

8,377

10,061

7,499

7,311

7,344

6,223

6,650

6,164

4,900

5,085

3,754

4,279

4,483

3,760

3,236

3,128

2,723

2,488

2,695

-

2,438

-

-

Operating (loss) income

-3,381

4,584

5,392

2,559

1,320

1,138

4,764

6,641

-10,088

3,648

1,982

5,340

4,386

4,012

2,575

5,843

3,832

3,006

3,642

4,201

3,708

4,900

3,055

3,421

2,806

2,515

3,043

3,933

2,464

3,488

3,219

3,336

3,162

3,286

2,693

-

2,002

-

-

Nonoperating expense (income):
Interest expense and amortization of debt discount

1,929

-

-

-

395

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other (income), net

107

-920

-32

-985

23

168

-364

-223

-438

-542

-679

-305

-506

-800

-406

-

-

-

-

-203

5

-157

-162

1,002

-79

423

-28

-234

38

36

34

-277

31

50

50

-

-

-

-

(Loss) earnings before income taxes

-5,203

3,664

5,360

1,969

948

1,306

4,400

6,418

-10,526

3,106

1,303

5,035

3,880

3,212

2,169

5,785

3,451

2,793

3,526

3,998

3,713

4,743

2,893

4,423

2,727

2,938

3,015

3,915

2,426

3,452

3,185

3,321

3,131

3,236

2,643

3,291

1,969

2,289

2,202

Other expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-33

-34

-12

Total Cost, Expenses and Nonoperating (Income) Expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,465

5,253

Income tax (benefit) expense

-573

602

763

567

90

312

170

2,164

560

753

-214

1,392

628

854

239

1,794

854

967

771

1,759

1,310

1,683

1,012

961

981

1,006

1,155

1,355

883

1,204

1,086

1,121

1,144

1,183

964

1,115

711

860

882

Net income

-4,630

3,062

4,597

1,402

858

994

4,230

4,254

-11,086

2,353

1,517

3,643

3,252

2,358

1,930

3,991

2,597

1,826

2,755

2,239

2,403

3,060

1,881

3,462

1,746

1,932

1,860

2,560

1,543

2,248

2,099

2,200

1,987

2,053

1,679

2,176

1,258

1,429

1,320

Earnings (loss) per share:
Basic (in dollars per share)

-1.06

0.74

1.18

0.36

0.22

0.26

1.11

1.10

-2.93

0.63

0.41

0.99

0.88

0.64

0.53

1.10

0.72

0.51

0.77

0.63

0.68

0.87

0.54

0.98

0.51

0.57

0.55

0.76

0.46

0.67

0.63

0.67

0.60

0.63

0.51

0.67

0.39

0.44

0.41

Diluted (in dollars per share)

-1.06

0.71

1.13

0.34

0.21

0.25

1.06

1.15

-2.93

0.60

0.39

0.94

0.84

0.62

0.51

1.06

0.69

0.48

0.74

0.62

0.66

0.84

0.51

0.95

0.48

0.54

0.52

0.68

0.44

0.64

0.59

0.64

0.57

0.59

0.49

0.66

0.37

0.43

0.40

Weighted-average common shares outstanding:
Basic (in shares)

4,367

4,155

3,901

3,835

3,855

3,850

3,816

3,799

3,781

3,764

3,736

3,713

3,688

3,669

3,646

3,633

3,614

3,598

3,575

3,543

3,532

3,508

3,501

3,540

3,434

3,412

3,394

3,382

3,360

3,349

3,337

3,298

3,286

3,282

3,274

3,247

3,234

3,231

3,212

Diluted (in shares)

4,367

4,321

4,086

4,035

4,045

4,046

4,006

3,441

3,781

3,935

3,923

3,875

3,868

3,831

3,802

3,759

3,786

3,774

3,709

3,650

3,654

3,640

3,656

3,662

3,637

3,592

3,553

3,751

3,542

3,538

3,541

3,483

3,498

3,453

3,414

3,342

3,355

3,315

3,308

Product [Member]
Revenue

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6,553

9,650

9,701

9,297

-

-

7,754

7,455

Cost of revenue

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,513

4,414

4,458

4,104

904

3,765

3,927

3,909

-

-

3,202

3,074

Service [Member]
Cost of revenue

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,579

381

213

116

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-