Manitex international, inc. (MNTX)
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
Net revenues

48,733

57,441

51,941

60,969

54,425

60,590

60,938

63,904

56,675

-

56,464

52,051

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cost of sales

38,486

47,905

43,848

50,134

42,433

52,078

48,944

51,463

45,575

-

46,591

42,647

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net revenues

-

-

-

-

-

-

-

-

-

-

-

-

40,119

-

39,131

45,745

47,230

-83,284

84,476

100,513

101,042

-22,434

66,197

68,399

62,576

50,179

57,521

62,554

59,566

56,524

53,380

52,496

42,849

36,561

36,942

37,066

31,722

24,859

19,502

Cost of sales

-

-

-

-

-

-

-

-

-

-

-

-

32,727

-

32,589

37,584

38,485

-72,551

68,660

81,603

83,040

-22,410

55,282

55,255

50,972

38,139

46,320

50,294

49,330

46,202

42,570

41,740

34,273

29,072

29,118

29,588

25,263

19,004

14,895

Gross profit

10,247

9,536

8,093

10,835

11,992

8,512

11,994

12,441

11,100

10,177

9,873

9,404

7,392

6,489

6,542

8,161

8,745

-10,733

15,816

18,910

18,002

-24

10,915

13,144

11,604

12,040

11,201

12,260

10,236

10,322

10,810

10,756

8,576

7,489

7,824

7,478

6,459

5,855

4,607

Operating expenses
Research and development costs

687

824

496

707

687

660

801

726

652

662

619

596

687

736

725

735

743

-988

1,109

1,901

1,101

-825

611

578

720

224

666

606

812

537

601

649

670

448

442

358

323

320

282

Restructuring expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

23

82

Selling, general and administrative expenses

8,039

8,392

8,177

9,930

9,116

8,523

8,190

9,008

9,986

8,750

8,282

8,574

8,941

9,499

8,985

9,540

8,948

-941

12,749

12,501

14,851

-57

6,893

7,388

7,273

5,304

5,878

7,050

6,167

6,509

5,742

5,911

5,386

4,983

5,149

4,879

4,884

4,022

3,294

Impairment of intangibles

6,722

-

8,112

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total operating expenses

15,448

9,216

16,785

10,637

9,803

14,919

8,991

9,734

10,638

9,412

8,901

9,170

9,628

10,235

9,710

10,275

9,691

-1,929

13,858

14,402

15,952

-882

7,504

7,966

7,993

5,528

6,544

7,656

6,979

7,046

6,343

6,560

6,056

6,614

5,591

5,237

5,207

4,365

3,658

Operating (loss) income

-5,201

320

-8,692

198

2,189

-6,407

3,003

2,707

462

765

972

234

-2,236

-3,746

-3,168

-2,114

-946

-8,804

1,958

4,508

2,050

858

3,411

5,178

3,611

6,512

4,657

4,604

3,257

3,276

4,467

4,196

2,520

875

2,233

2,241

1,252

1,490

949

Other (expense) income
Interest expense

1,084

1,258

1,142

1,095

1,108

1,158

1,294

1,503

1,553

2,000

1,716

1,574

1,208

1,732

1,384

1,783

1,491

-2,770

2,553

3,814

2,844

-505

671

716

805

320

837

751

593

612

578

620

647

616

653

655

616

601

617

Interest income

60

-

41

-

69

-

68

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest income

-

-

-

51

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Change in fair value of securities held

-

0

216

4,428

810

-3,186

-907

-1,588

187

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest expense related to write off of debt issuance costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,439

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Foreign currency transaction loss

-418

-126

-307

22

-433

-179

-410

-106

-119

-11

-799

-256

-83

-124

-82

-393

-516

-875

-97

-266

945

-396

-102

86

-11

-23

-20

11

-63

-21

5

-108

14

16

-15

33

15

68

-29

Interest income and other (loss) income

-

-

-

-

-

-

-

-

-

-

-

70

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other income (expense)

3

38

-9

12

-21

-46

-3

29

-354

-

18

-

273

32

281

620

-18

19

-59

11

-18

-43

71

-125

-13

-59

18

-5

-4

4

-77

71

8

-

-

-

-

-

-

Other income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1

-8

25

23

10

Total other expense

-1,439

-1,278

-1,201

3,418

-683

-4,469

-2,546

-3,168

-1,839

-2,005

-2,497

-1,760

-1,018

-1,824

-1,185

-2,995

-2,025

1,914

-2,709

-4,069

-1,917

66

-702

-755

-829

-402

-839

-745

-660

-629

-650

-657

-625

-515

-667

-630

-576

-510

-636

(Loss) income before income taxes from continuing operations

-6,640

-

-

-

1,506

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss before income taxes and loss in non-marketable equity interest from continuing operations

-

-

-9,893

3,616

-

-10,876

457

-461

-1,377

-1,240

-1,525

-1,526

-3,254

-5,570

-4,353

-5,109

-2,971

-6,890

-751

439

133

924

2,709

4,423

2,782

6,110

3,818

3,859

2,597

2,647

3,817

3,539

1,895

360

1,566

1,611

676

980

313

Income tax expense (benefit) from continuing operations

-

-

-

-

-

-

-

-

-

-534

281

-36

171

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income tax expense from continuing operations

404

-

1,958

380

197

-

335

506

-301

-

-

-

-

-

-691

43

-310

-

-175

121

31

294

941

1,437

905

1,995

1,197

1,204

686

633

1,313

1,231

644

71

546

582

234

323

100

Loss in non-marketable equity interest, net of taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-5,673

-40

-39

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

(Loss) income in equity investments, net of taxes

-

-

-

-

-

0

0

0

-409

-

284

-

-

-

-

-

-

-80

-40

-40

-39

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net (loss) income from continuing operations

-7,044

-

-

-

1,309

-

-

-

-

-630

-1,522

-1,490

-3,425

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net loss from continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-9,335

-5,192

-2,700

-

-616

278

63

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Discontinued operations
Loss from operations of discontinued operations

-388

-

-

-

-446

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss from operations of discontinued operations (including loss on disposal of $1,302 in 2017)

-

-

-

-

-

-

-

-

-

-169

0

-805

232

-9,696

-9,608

2,051

2,812

-677

1,092

51

10

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income tax expense (benefit)

44

-

-

-

-47

-

-

-

-

23

-15

6

-19

-1,222

4,145

-3,170

284

231

228

13

3

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss on discontinued operations

-

-

-

-

-

-

-

-

-

-192

15

-811

251

-8,474

-13,753

5,221

2,528

-

864

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss from discontinued operations

-432

-

-

-

-399

-

-

-

-

-

-

-

-

-

-

-

-

-

-

38

7

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net loss

-

-

-

-

-

-

-

-

-

-822

-1,507

-2,301

-3,174

-14,436

-23,088

29

-172

-5,958

248

316

70

336

1,768

2,986

1,877

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss attributable to noncontrolling interest

-

-

-

-

-

-

-

-

-

0

0

160

114

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net (income) loss attributable to noncontrolling interest

-

-

-

-

-

-

-

-

-

-

-

-

-

-

294

399

-127

-

23

178

294

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net (loss) income

-7,476

-787

-11,851

3,236

910

-10,847

122

-967

-1,485

-822

-1,507

-2,461

-3,288

-13,296

-23,382

-370

-45

-5,511

225

138

-224

472

1,768

2,986

1,877

2,991

2,621

2,655

1,911

2,014

2,504

2,308

1,251

289

1,020

1,029

442

657

213

(Loss) earnings Per Share
Basic
(Loss) earnings from continuing operations

-0.36

-

-

-

0.07

-

-

-

-

-0.04

-0.09

-0.09

-0.21

-0.37

-0.58

-0.32

-0.17

-0.29

-0.04

0.01

-0.01

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss from discontinued operations

-0.02

-

-

-

-0.02

-

-

-

-

-0.01

0.00

-0.06

0.01

-0.45

-0.87

0.30

0.16

-

0.05

0.00

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net (loss) earnings

-0.38

-0.04

-0.60

0.16

0.05

-0.59

0.01

-0.05

-0.09

-0.05

-0.09

-0.15

-0.20

-0.83

-1.45

-0.02

0.00

-0.35

0.01

0.01

-0.01

0.02

0.13

0.22

0.14

0.21

0.21

0.22

0.16

0.16

0.21

0.20

0.11

0.02

0.09

0.09

0.04

0.06

0.02

Diluted
(Loss) earnings from continuing operations

-0.36

-

-

-

0.07

-

-

-

-

-0.04

-0.09

-0.09

-0.21

-0.37

-0.58

-0.32

-0.17

-0.29

-0.04

0.01

-0.01

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss from discontinued operations

-0.02

-

-

-

-0.02

-

-

-

-

-0.01

0.00

-0.06

0.01

-0.45

-0.87

0.30

0.16

-

0.05

0.00

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net (loss) earnings

-0.38

-0.04

-0.60

0.16

0.05

-0.59

0.01

-0.05

-0.09

-0.05

-0.09

-0.15

-0.20

-0.83

-1.45

-0.02

0.00

-0.35

0.01

0.01

-0.01

0.02

0.13

0.22

0.14

0.21

0.21

0.22

0.16

0.16

0.21

0.20

0.11

0.02

0.09

0.09

0.04

0.06

0.02

Weighted average common shares outstanding
Basic

19,733

19,696

19,690

19,685

19,678

19,625

19,610

17,734

16,666

16,506

16,573

16,553

16,559

16,174

16,127

16,125

16,105

16,015

16,014

16,014

15,836

13,980

13,822

13,822

13,807

13,760

12,352

12,295

12,275

12,256

12,140

11,713

11,683

11,545

11,409

11,409

11,402

11,372

11,371

Diluted

19,733

19,630

19,690

19,734

19,694

19,541

19,694

17,734

16,666

16,506

16,573

16,553

16,559

16,174

16,127

16,125

16,105

15,998

16,014

16,031

15,836

14,029

13,873

13,874

13,840

13,821

12,403

12,337

12,307

12,266

12,148

11,729

11,684

11,555

11,454

11,601

11,581

11,396

11,392