MOVADO GROUP, INC. MOV Income Statement

Movado group, inc. (MOV)

Income statement / Quarterly

Jan'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	Oct'10	Jul'10
Net sales
190,983	205,618	157,816	146,549	199,376	208,949	144,093	127,149	149,214	190,693	128,781	99,265	130,785	179,818	128,086	114,063	143,264	185,629	145,569	120,461	133,911	188,557	143,591	120,921	132,259	189,685	138,301	110,010	123,594	160,202	118,027	103,655	122,410	142,622	113,231	89,854	123,002	85,388
Cost of sales
90,375	95,549	72,477	67,676	88,740	95,585	66,259	59,625	70,469	86,623	62,655	50,128	66,098	81,268	57,823	52,746	67,913	85,537	66,531	58,012	66,528	88,715	65,985	55,770	63,005	88,415	63,483	50,091	60,914	69,783	52,269	44,630	56,668	61,588	52,285	41,231	54,112	40,977
Gross profit
100,608	110,069	85,339	78,873	110,636	113,364	77,834	67,524	78,745	104,070	66,126	49,137	64,687	98,550	70,263	61,317	75,351	100,092	79,038	62,449	67,383	99,842	77,606	65,151	69,254	101,270	74,818	59,919	62,680	90,419	65,758	59,025	65,742	81,034	60,946	48,623	68,890	44,411
Selling, general and administrative
94,005	87,431	76,563	73,899	93,545	89,257	64,974	59,385	65,399	78,885	57,809	52,785	57,246	67,479	60,172	55,939	63,807	66,638	60,804	55,574	57,318	66,509	60,438	54,230	62,641	67,186	57,778	49,914	57,561	65,429	55,009	50,537	57,901	61,906	55,932	47,043	50,400	46,607
Operating income
6,603	22,638	8,776	4,974	17,091	24,107	12,860	8,139	13,346	25,185	8,317	-3,648	7,441	31,071	10,091	5,378	11,544	33,454	18,234	6,875	10,065	33,333	17,168	10,921	6,613	34,084	17,040	10,005	5,119	24,990	10,749	8,488	7,841	19,128	5,014	1,580	18,490	-2,196
Non-operating income/(expense):
Change in contingent consideration (Note 8)
-	0	-13,627	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other expense (Note 8)
-	-	-	-	-	-	-	-	-	-	-	-	-	1,282	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other income, net (Note 17)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	1,526	-	-	-	-	-	-	747	-	-	-
Interest expense
241	240	225	224	241	146	162	222	319	445	390	356	425	333	331	375	382	319	256	152	217	78	100	94	142	114	115	65	147	69	73	145	289	290	315	383	460	676
Interest income
23	18	24	21	49	144	57	57	91	110	129	122	81	45	36	57	22	17	35	53	69	51	11	35	33	14	16	23	60	66	2	16	132	21	17	29	175	27
Income before income taxes
8,114	22,416	22,202	4,771	16,899	24,105	12,755	7,974	13,118	24,850	8,056	-3,882	7,097	29,501	9,796	5,060	11,184	33,152	18,013	6,776	9,917	33,306	17,079	10,862	6,504	33,984	16,941	11,489	5,032	24,987	10,678	8,359	7,684	18,859	5,463	1,226	18,205	-2,845
Provision for income taxes (Note 11)
4,577	5,000	4,700	847	-497	-2,800	3,600	-141	47,026	7,490	2,574	277	1,865	9,286	3,441	1,723	2,903	11,242	6,080	3,135	33	10,889	4,909	3,433	-794	10,570	4,287	3,310	-3,068	-9,866	2,524	1,598	-3,057	2,071	875	715	781	375
Income / (loss) from continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	17,424	-3,220
(Loss) from discontinued operations, net of tax (Note 18)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-17,703
Net income / (loss)
3,533	17,461	17,461	3,924	17,394	26,922	9,140	8,115	-	-	-	-	5,232	20,215	6,355	3,337	8,281	21,910	11,933	3,641	9,884	22,417	12,170	7,429	7,298	23,414	12,654	8,179	8,100	34,853	8,154	6,761	10,741	16,788	4,588	511	17,424	-20,923
Less: Net loss attributable to noncontrolling interest
29	-304	-44	-1	-	0	0	-	-	-	-	-	0	0	49	29	394	378	-120	19	-167	208	19	64	104	395	200	-31	181	380	96	128	49	384	180	20	279	-15
Net income / (loss) attributable to Movado Group, Inc.
3,504	17,765	17,505	3,925	17,447	26,922	9,140	8,115	-33,908	17,360	5,482	-4,159	5,232	20,215	6,306	3,308	7,887	21,532	12,053	3,622	10,051	22,209	12,151	7,365	7,194	23,019	12,454	8,210	7,919	34,473	8,058	6,633	10,692	16,404	4,408	491	17,145	-20,908
Basic income per share:
Income / (loss) from continuing operations, net of tax
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	17,145	-3,205
(Loss) from discontinued operations, net of tax
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-17,703
Net income / (loss) attributed to Movado Group, Inc.
3,504	17,765	17,505	3,925	17,447	26,922	9,140	8,115	-33,908	17,360	5,482	-4,159	-	20,215	6,306	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	16,404	4,408	491	17,145	-20,908
Weighted basic average shares outstanding
23,118	23,117	23,138	23,119	23,192	23,254	23,245	23,097	23,053	23,079	23,085	23,075	23,060	23,055	23,092	23,073	23,010	23,167	23,644	24,279	25,069	25,326	25,384	25,325	25,442	25,495	25,565	25,522	25,457	25,304	25,198	25,109	24,992	24,926	24,913	24,873	24,772	24,747
Income / (loss) per share from continuing operations attributed to Movado Group, Inc.
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.69	-0.13
(Loss) per share from discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.72
Net income / (loss) per share attributable to Movado Group, Inc.
0.15	0.77	0.76	0.17	0.76	1.16	0.39	0.35	-1.47	0.75	0.24	-0.18	0.23	0.88	0.27	0.14	0.33	0.93	0.51	0.15	0.40	0.88	0.48	0.29	0.28	0.90	0.49	0.32	0.32	1.36	0.32	0.26	0.42	0.66	0.18	0.02	0.69	-0.84
Diluted income per share:
Weighted diluted average shares outstanding
23,194	23,250	23,292	23,452	23,542	23,698	23,712	23,448	22,726	23,273	23,218	23,075	23,297	23,230	23,192	23,349	23,212	23,411	23,904	24,569	25,338	25,616	25,674	25,696	25,835	25,842	25,846	25,873	25,965	25,710	25,506	25,475	25,193	25,108	25,185	25,078	24,907	24,747
Income / (loss) per share from continuing operations attributed to Movado Group, Inc.
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.69	-0.13
(Loss) per share from discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.72
Net income / (loss) per share attributable to Movado Group, Inc.
0.15	0.76	0.75	0.17	0.73	1.14	0.39	0.35	-1.47	0.75	0.24	-0.18	0.23	0.87	0.27	0.14	0.33	0.92	0.50	0.15	0.39	0.87	0.47	0.29	0.28	0.89	0.48	0.32	0.30	1.34	0.32	0.26	0.42	0.65	0.18	0.02	0.69	-0.84
Dividends paid per share
-	-	-	-	-	-	-	-	-	0.13	0.13	0.13	0.13	0.13	0.13	0.13	0.11	0.11	0.11	0.11	0.10	0.10	0.10	0.10	0.08	0.08	0.05	0.05	0.80	0.05	0.05	0.55	0.03	0.03	0.03	0.03	-	-