Matrix service co (MTRX)
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'11Dec'10Sep'10
Revenue

248,327

318,677

338,097

398,714

358,887

340,568

318,511

293,087

245,645

282,911

269,910

291,836

251,237

312,655

341,781

359,635

309,422

323,529

319,331

364,417

314,155

342,880

321,683

344,358

381,516

310,998

226,217

235,560

225,970

221,436

209,608

184,862

183,899

200,964

169,321

163,629

136,333

175,252

151,838

Cost of revenue

227,850

288,676

305,632

354,976

321,981

312,682

295,090

271,636

230,754

256,208

241,019

268,709

253,851

284,443

309,503

325,536

282,119

293,524

284,747

324,013

311,523

326,925

293,304

307,455

341,572

276,848

200,741

208,561

202,844

199,103

187,364

166,206

164,128

177,866

151,228

142,755

117,763

155,484

136,136

Gross profit

20,477

30,001

32,465

43,738

36,906

27,886

23,421

21,451

14,891

26,703

28,891

23,127

-2,614

28,212

32,278

34,099

27,303

30,005

34,584

40,404

2,632

15,955

28,379

36,903

39,944

34,150

25,476

26,999

23,126

22,333

22,244

18,656

19,771

23,098

18,093

20,874

18,570

19,768

15,702

Selling, general and administrative expenses

19,718

23,165

23,691

26,349

24,112

22,359

21,201

20,565

20,753

21,529

21,570

19,596

18,596

19,975

17,977

19,600

20,956

25,070

19,483

22,030

17,080

19,626

19,832

22,694

21,125

19,333

14,714

15,412

14,695

13,561

14,320

12,246

12,356

11,898

11,483

11,359

10,930

11,136

10,589

Goodwill and other intangible asset impairment

0

38,515

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Restructuring costs

6,559

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating income (loss)

-5,800

-31,679

8,774

17,389

12,794

5,527

2,220

-17,112

-5,862

5,174

7,321

3,531

-21,210

8,237

14,301

14,499

6,347

4,935

15,101

18,374

-14,448

-3,671

8,547

14,209

18,819

14,817

10,762

11,587

8,431

8,772

7,924

6,410

7,415

11,200

6,610

9,515

7,640

8,632

5,113

Other income (expense):
Interest expense

398

444

389

342

301

361

292

520

643

819

618

638

833

497

243

96

241

252

263

291

294

300

351

538

324

351

223

195

205

217

183

197

174

166

277

201

227

197

170

Interest income

356

417

474

304

307

274

282

147

130

65

39

21

73

26

12

43

56

60

31

78

40

308

42

55

44

8

5

7

5

12

8

8

12

3

3

6

43

9

13

Other

-767

396

3

29

58

-22

546

166

370

-135

149

-337

-51

47

7

-256

-109

-148

-54

-123

252

-28

57

-325

9

-68

-88

-123

43

-7

57

73

-55

301

-676

-155

485

83

27

Income (loss) before income tax expense

-6,609

-31,310

8,862

17,380

12,858

5,418

2,756

-17,319

-6,005

4,285

6,891

2,577

-22,021

7,813

14,077

14,190

6,053

4,595

14,815

18,038

-14,450

-3,691

8,295

13,401

18,548

14,406

10,456

11,276

8,274

8,560

7,806

6,294

7,198

11,338

5,660

9,165

7,941

8,527

4,983

Provision (benefit) for federal, state and foreign income taxes

-1,114

-3,302

2,711

4,568

3,925

1,486

451

-2,636

-852

-247

3,067

3,531

-8,521

2,563

4,735

5,056

2,507

1,477

5,076

6,819

-1,508

1,155

3,624

5,179

6,756

4,095

3,904

3,909

1,753

3,124

3,122

4,508

2,336

4,307

2,151

3,482

3,018

3,240

1,894

Net income (loss)

-5,495

-28,008

6,151

12,812

8,933

3,932

2,305

-14,683

-5,153

4,532

3,824

-954

-13,500

5,250

9,342

9,134

3,546

3,118

9,739

11,219

-12,942

-4,846

4,671

8,222

11,792

10,311

6,552

-

6,521

5,436

-

-

-

-

-

-

-

-

-

Less: Net income attributable to noncontrolling interest

-

-

-

-

-

-

-

-

-

-

-

-

321

-

-

0

-811

-2,313

-202

303

-9,983

-8,132

-1,243

-

396

5

0

-

0

0

-

-

-

-

-

-

-

-

-

Net income (loss) attributable to Matrix Service Company

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

9,134

4,357

5,431

9,941

10,916

-2,959

3,286

5,914

7,556

11,396

10,306

6,552

7,367

6,521

5,436

4,684

1,786

4,862

7,031

3,509

5,683

4,923

5,287

3,089

Basic earnings (loss) per common share (US$ per share)

-0.21

-1.04

0.23

0.47

0.33

0.15

0.09

-0.55

-0.19

0.17

0.14

-0.04

-0.52

0.20

0.35

0.35

0.16

0.20

0.38

0.41

-0.11

0.12

0.22

0.29

0.43

0.39

0.25

0.28

0.25

0.21

0.18

0.07

0.19

0.27

0.13

0.21

0.19

0.20

0.12

Diluted earnings (loss) per common share (US$ per share)

-0.21

-1.04

0.22

0.46

0.33

0.14

0.08

-0.55

-0.19

0.17

0.14

-0.04

-0.52

0.20

0.35

0.34

0.16

0.20

0.37

0.40

-0.11

0.12

0.22

0.28

0.42

0.38

0.25

0.27

0.25

0.21

0.18

0.06

0.19

0.27

0.13

0.21

0.18

0.20

0.12

Weighted average common shares outstanding:
Basic (shares)

26,478

26,925

26,935

26,812

26,788

27,043

26,921

26,833

26,817

26,771

26,655

26,598

26,594

26,553

26,387

26,433

26,758

26,721

26,476

26,631

26,711

26,600

26,470

26,417

26,374

26,245

26,116

26,082

26,039

25,939

25,788

25,742

25,723

25,819

26,400

26,457

26,425

26,400

26,342

Diluted (shares)

26,478

26,925

27,575

27,760

27,417

27,582

27,589

26,419

26,817

27,078

26,762

25,910

26,594

26,832

26,796

27,048

27,054

27,248

27,050

27,707

26,711

27,156

27,134

27,333

27,040

26,884

26,647

26,669

26,411

26,204

26,148

26,280

26,079

26,111

26,722

26,844

26,723

26,628

26,549