Motorcar parts america inc (MPAA)
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
Net sales

125,574

150,374

109,148

129,077

124,113

127,939

91,668

119,714

102,878

110,261

94,695

114,410

112,595

108,836

85,412

97,443

94,022

91,670

85,835

83,904

83,992

70,840

62,975

76,682

65,568

66,174

50,245

58,042

50,658

57,652

46,799

101,464

84,097

107,616

70,510

42,786

41,288

40,977

36,234

Cost of goods sold

97,913

113,801

91,565

103,127

102,952

102,228

75,316

90,621

76,817

84,234

68,843

82,783

80,225

78,178

65,021

73,229

65,123

69,850

59,844

62,995

59,564

52,420

45,159

52,761

43,642

46,469

34,231

39,942

34,332

37,556

31,980

94,188

85,678

92,637

63,477

28,804

28,115

28,295

24,689

Gross profit

27,661

36,573

17,583

25,950

21,161

25,711

16,352

29,093

26,061

26,027

25,852

31,627

32,370

30,658

20,391

24,214

28,899

21,820

25,991

20,909

24,428

18,420

17,816

23,921

21,926

19,705

16,014

18,100

16,326

20,096

14,819

7,276

-1,581

14,979

7,033

13,982

13,173

12,682

11,545

Operating expenses:
General and administrative

10,618

14,285

12,000

12,553

12,331

8,997

12,091

9,059

11,915

8,615

5,888

9,678

7,952

9,869

3,625

11,284

8,802

18,219

11,360

10,031

12,628

9,812

5,392

11,766

9,580

8,706

9,632

6,653

8,848

4,392

5,914

9,108

10,155

11,309

8,309

5,054

4,384

3,571

4,024

Sales and marketing

5,623

5,448

4,919

5,464

5,149

4,537

4,392

4,131

4,048

3,457

3,394

3,551

3,234

2,707

2,634

2,382

2,671

2,632

2,280

1,907

2,281

1,837

1,826

2,059

1,905

2,143

1,731

1,811

1,983

1,724

1,772

3,785

3,369

3,197

2,453

1,798

1,798

1,201

1,740

Research and development

2,174

2,148

2,372

2,440

2,054

1,784

1,736

1,772

1,678

1,240

1,002

1,011

1,039

905

869

915

711

646

736

611

601

539

522

541

452

398

549

588

445

461

436

495

453

401

416

396

391

396

366

Impairment of plant and equipment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

1,031

0

0

-

0

-

-

Acquisition costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

309

404

879

0

0

0

Total operating expenses

18,415

21,881

19,291

20,457

19,534

15,318

18,219

14,962

17,641

13,312

10,284

14,240

12,225

13,481

7,128

14,581

12,184

21,497

14,376

12,549

15,510

12,188

7,740

14,366

11,937

11,247

11,912

9,052

11,276

6,577

8,122

13,388

15,008

15,216

11,582

8,127

6,573

5,168

6,130

Operating income

9,246

14,692

-1,708

5,493

1,627

10,393

-1,867

14,131

8,420

12,715

15,568

17,387

20,145

17,177

13,263

9,633

16,715

323

11,615

8,360

8,918

6,232

10,076

9,555

9,989

8,458

4,102

9,048

5,050

13,519

6,697

-6,112

-16,589

-237

-4,549

5,855

6,600

7,514

5,415

The cost of borrowed funds and interest related to the receivables discount programs that have been accounted for as interest expense and charged against earnings during the period.

6,879

6,523

6,173

6,689

5,764

5,699

5,075

4,656

3,953

3,522

3,314

3,729

3,357

3,189

2,819

2,678

2,516

2,613

8,437

3,148

3,165

3,339

3,413

3,177

6,524

4,663

3,925

3,951

2,384

3,093

2,896

5,690

3,262

3,389

1,914

1,055

997

1,701

1,602

Income (loss) before income tax expense (benefit)

2,367

8,169

-7,881

-1,196

-4,137

4,694

-6,942

9,475

4,467

9,193

12,254

13,658

16,788

13,988

10,444

6,955

14,199

-2,290

3,178

5,212

5,753

2,893

6,663

6,378

3,465

3,795

177

5,097

2,666

10,426

3,801

-11,802

-19,851

-3,626

-6,463

4,800

5,603

5,813

3,813

Income tax expense (benefit)

1,502

1,980

-1,730

1,569

-1,035

1,181

-1,447

1,099

6,994

3,598

4,434

3,846

5,678

4,845

2,936

4,658

6,451

-898

1,268

2,110

2,826

1,418

2,714

3,311

2,317

1,631

74

1,195

880

3,923

1,434

1,141

1,976

1,813

1,842

2,362

1,842

2,312

1,293

Income from continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,067

1,148

2,164

103

3,902

1,786

6,503

2,367

-

-

-

-

-

-

-

-

Income from discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

100,877

-77,553

-851

-15,436

-12,229

-

-

-

-

-

-

-

-

Net income (loss)

865

6,189

-6,151

-2,765

-3,102

3,513

-5,495

8,376

-2,527

5,595

7,820

9,812

11,110

9,143

7,508

2,297

7,748

-1,392

1,910

3,102

2,927

1,475

3,949

3,067

1,148

2,164

100,980

-73,651

935

-8,933

-9,862

-12,943

-21,827

-5,439

-8,305

2,438

3,761

3,501

2,520

Basic net income per share from continuing operations (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.20

0.08

0.15

0.01

0.27

0.12

0.45

0.17

-

-

-

-

-

-

-

-

Basic net income per share from discontinued operations (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.00

0.00

0.00

6.97

-5.36

-0.06

-1.07

-0.88

-

-

-

-

-

-

-

-

Basic net income (loss) per share (in dollars per share)

0.05

0.33

-0.33

-0.15

-0.16

0.19

-0.29

0.44

-0.13

0.30

0.42

0.53

0.59

0.49

0.40

0.12

0.42

-0.08

0.11

0.17

0.16

0.09

0.26

0.20

0.08

0.15

6.98

-5.09

0.06

-0.62

-0.71

-1.03

-1.74

-0.44

-0.68

0.20

0.31

0.29

0.21

Diluted net income per share from continuing operations (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.19

0.07

0.15

0.01

0.27

0.12

0.45

0.17

-

-

-

-

-

-

-

-

Diluted net income per share from discontinued operation (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.00

0.00

0.00

6.90

-5.35

-0.06

-1.07

-0.87

-

-

-

-

-

-

-

-

Diluted net income (loss) per share (in dollars per share)

0.04

0.32

-0.33

-0.15

-0.16

0.18

-0.29

0.43

-0.13

0.29

0.40

0.50

0.57

0.47

0.39

0.12

0.41

-0.08

0.10

0.15

0.16

0.09

0.25

0.19

0.07

0.15

6.91

-5.08

0.06

-0.62

-0.70

-1.03

-1.74

-0.44

-0.68

0.19

0.30

0.29

0.21

Weighted average number of shares outstanding:
Basic (in shares)

18,961

18,903

18,822

18,814

18,810

18,878

18,895

-

-

-

-

-

-

-

-

-

-

-

-

17,958

17,921

15,975

15,082

-

-

-

-

-

-

-

-

-

-

-

-

12,039

12,042

12,038

12,049

Diluted (in shares)

19,305

19,217

18,822

18,373

18,810

19,319

18,895

-

-

-

-

-

-

-

-

-

-

-

-

18,853

18,822

16,826

15,921

-

-

-

-

-

-

-

-

-

-

-

-

12,531

12,399

12,202

12,204