MOTORCAR PARTS AMERICA INC MPAA Income Statement

Motorcar parts america inc (MPAA)

Income statement / TTM

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	Dec'10	Sep'10	Jun'10
Net sales
514,173	512,712	490,277	472,797	463,434	442,199	424,521	427,548	422,244	431,961	430,536	421,253	404,286	385,713	368,547	368,970	355,431	345,401	324,571	301,711	294,489	276,065	271,399	258,669	240,029	225,119	216,597	213,151	256,573	290,012	339,976	363,687	305,009	262,200	195,561	161,285	0	0	0
Cost of goods sold
406,406	411,445	399,872	383,623	371,117	344,982	326,988	320,515	312,677	316,085	310,029	306,207	296,653	281,551	273,223	268,046	257,812	252,253	234,823	220,138	209,904	193,982	188,031	177,103	164,284	154,974	146,061	143,810	198,056	249,402	304,483	335,980	270,596	213,033	148,691	109,903	0	0	0
Gross profit
107,767	101,267	90,405	89,174	92,317	97,217	97,533	107,033	109,567	115,876	120,507	115,046	107,633	104,162	95,324	100,924	97,619	93,148	89,748	81,573	84,585	82,083	83,368	81,566	75,745	70,145	70,536	69,341	58,517	40,610	35,493	27,707	34,413	49,167	46,870	51,382	0	0	0
Operating expenses:
General and administrative
49,456	51,169	45,881	45,972	42,478	42,062	41,680	35,477	36,096	32,133	33,387	31,124	32,730	33,580	41,930	49,665	48,412	52,238	43,831	37,863	39,598	36,550	35,444	39,684	34,571	33,839	29,525	25,807	28,262	29,569	36,486	38,881	34,827	29,056	21,318	17,033	0	0	0
Sales and marketing
21,454	20,980	20,069	19,542	18,209	17,108	16,028	15,030	14,450	13,636	12,886	12,126	10,957	10,394	10,319	9,965	9,490	9,100	8,305	7,851	8,003	7,627	7,933	7,838	7,590	7,668	7,249	7,290	9,264	10,650	12,123	12,804	10,817	9,246	7,250	6,537	0	0	0
Research and development
9,134	9,014	8,650	8,014	7,346	6,970	6,426	5,692	4,931	4,292	3,957	3,824	3,728	3,400	3,141	3,008	2,704	2,594	2,487	2,273	2,203	2,054	1,913	1,940	1,987	1,980	2,043	1,930	1,837	1,845	1,785	1,765	1,666	1,604	1,599	1,549	0	0	0
Impairment of plant and equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,031	1,031	0	0	-	0	-	-
Acquisition costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	713	1,592	1,592	1,283	879	0	0	0
Total operating expenses
80,044	81,163	74,600	73,528	68,033	66,140	64,134	56,199	55,477	50,061	50,230	47,074	47,415	47,374	55,390	62,638	60,606	63,932	54,623	47,987	49,804	46,231	45,290	49,462	44,148	43,487	38,817	35,027	39,363	43,095	51,734	55,194	49,933	41,498	31,450	25,998	0	0	0
Operating income
27,723	20,104	15,805	15,646	24,284	31,077	33,399	50,834	54,090	65,815	70,277	67,972	60,218	56,788	39,934	38,286	37,013	29,216	35,125	33,586	34,781	35,852	38,078	32,104	31,597	26,658	31,719	34,314	19,154	-2,485	-16,241	-27,487	-15,520	7,669	15,420	25,384	0	0	0
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.
26,264	25,149	24,325	23,227	21,194	19,383	17,206	15,445	14,518	13,922	13,589	13,094	12,043	11,202	10,626	16,244	16,714	17,363	18,089	13,065	13,094	16,453	17,777	18,289	19,063	14,923	13,353	12,324	14,063	14,941	15,237	14,255	9,620	7,355	5,667	5,355	0	0	0
Income (loss) before income tax expense (benefit)
1,459	-5,045	-8,520	-7,581	3,090	11,694	16,193	35,389	39,572	51,893	56,688	54,878	48,175	45,586	29,308	22,042	20,299	11,853	17,036	20,521	21,687	19,399	20,301	13,815	12,534	11,735	18,366	21,990	5,091	-17,426	-31,478	-41,742	-25,140	314	9,753	20,029	0	0	0
Income tax expense (benefit)
3,321	784	-15	268	-202	7,827	10,244	16,125	18,872	17,556	18,803	17,305	18,117	18,890	13,147	11,479	8,931	5,306	7,622	9,068	10,269	9,760	9,973	7,333	5,217	3,780	6,072	7,432	7,378	8,474	6,364	6,772	7,993	7,859	8,358	7,809	0	0	0
Income from continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	6,482	7,317	7,955	12,294	14,558	0	0	0	-	-	-	-	-	-	-	-
Income from discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	100,877	23,324	22,473	7,037	-106,069	0	0	0	-	-	-	-	-	-	-	-
Net income (loss)
-1,862	-5,829	-8,505	-7,849	3,292	3,867	5,949	19,264	20,700	34,337	37,885	37,573	30,058	26,696	16,161	10,563	11,368	6,547	9,414	11,453	11,418	9,639	10,328	107,359	30,641	30,428	19,331	-91,511	-30,803	-53,565	-50,071	-48,514	-33,133	-7,545	1,395	12,220	0	0	0
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