Mts systems corporation (MTSC)
Income statement / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jul'17Mar'17Dec'16Oct'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Jun'10
Revenue
Revenue

211,463

205,843

224,082

232,209

233,046

203,181

197,879

194,668

191,323

194,162

201,488

193,764

193,424

199,279

214,848

157,700

137,098

140,501

143,483

133,912

143,955

142,584

143,104

145,471

137,343

138,410

154,795

135,059

136,917

142,668

137,843

141,697

129,019

133,697

131,599

116,832

113,061

105,876

84,944

Cost of Sales
Total cost of sales

140,222

129,234

145,910

147,106

145,696

124,876

121,387

118,384

116,498

116,234

127,086

118,208

114,568

125,815

139,212

99,587

91,954

87,990

90,452

80,703

87,413

85,753

87,229

87,776

81,809

83,871

87,959

80,463

83,012

86,066

80,422

78,029

72,629

74,984

75,018

67,002

64,154

59,204

51,695

Gross profit

71,241

76,609

78,172

85,103

87,350

78,305

76,492

76,284

74,825

77,928

74,402

75,556

78,856

73,464

75,636

58,113

45,144

52,511

53,031

53,209

56,542

56,831

55,875

57,695

55,534

54,539

66,836

54,596

53,905

56,602

57,421

63,668

56,390

58,713

56,581

49,830

48,907

46,672

33,249

Operating expenses
Selling and marketing

30,131

32,719

32,834

33,321

33,395

32,089

31,537

32,171

30,597

32,028

31,958

31,857

30,627

30,470

30,036

23,300

21,002

20,654

20,941

20,475

20,304

21,254

21,598

22,644

22,411

21,483

21,974

20,337

19,519

19,179

18,826

19,596

19,206

17,009

18,589

17,462

17,151

16,579

16,007

General and administrative

25,997

21,693

22,854

20,621

22,105

21,078

20,605

19,081

18,992

20,562

21,234

18,726

23,556

24,023

23,406

18,926

14,019

12,962

12,956

11,486

12,794

14,202

12,839

11,384

13,978

13,206

11,054

11,620

13,175

12,314

11,245

13,043

13,917

13,196

12,518

12,892

10,329

8,491

14,602

Research and development

7,143

7,039

7,920

8,160

7,676

7,172

8,549

8,768

8,626

8,841

8,701

8,356

9,261

8,681

8,092

6,198

5,752

5,294

6,631

5,821

5,689

5,564

5,081

6,269

6,791

5,703

5,961

6,211

5,588

5,052

5,769

5,097

6,068

4,959

4,247

3,852

3,558

3,128

4,154

U.S. Government settlement

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

7,750

-

-

-

-

-

-

-

Total operating expenses

63,271

61,451

63,608

62,102

63,176

60,339

60,691

60,020

58,215

61,431

61,893

58,939

63,444

63,174

61,534

48,424

40,773

38,910

40,528

37,782

38,787

41,020

39,518

40,297

43,180

40,392

38,989

38,168

38,282

36,545

35,840

45,486

39,191

35,164

35,354

34,206

31,038

28,198

34,763

Operating Income (Loss)

7,970

15,158

14,564

23,001

24,174

17,966

15,801

16,264

16,610

16,497

12,509

16,617

15,412

10,290

14,102

9,689

4,371

13,601

12,503

15,427

17,755

15,811

16,357

17,398

12,354

14,147

27,847

16,428

15,623

20,057

21,581

18,182

17,199

23,549

21,227

15,624

17,869

18,474

-1,514

Interest Income (Expense), Net

-8,857

-8,272

-10,685

-6,687

-7,368

-6,818

-6,121

-6,249

-6,708

-6,804

-22,972

-7,711

-7,418

7,280

-7,656

-375

-257

-201

1,390

-155

-273

-167

1,203

-146

-205

-160

528

-50

-150

6

459

264

-212

-206

135

-74

384

470

115

Interest income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

61

43

162

Other income (expense), net

-182

-431

271

-124

270

49

4,852

30

274

-223

90

-923

666

-829

-227

668

107

-310

-37

-126

-607

-759

-559

-59

-211

-292

-270

405

-954

452

-85

81

-399

-23

53

856

60

57

-96

Income (loss) before income taxes

-1,069

6,455

4,150

16,190

17,076

11,197

14,532

10,045

10,176

9,470

4,187

7,983

8,660

2,181

6,219

9,982

4,221

13,090

12,266

15,146

16,875

14,885

15,617

17,193

11,938

13,695

27,437

16,783

14,519

20,515

21,345

18,527

16,588

23,320

21,189

16,406

17,606

18,104

-1,563

Income Tax Expense (Benefit)

2

1,149

-671

2,605

2,916

696

3,772

1,066

1,738

-23,681

-1,383

-2,627

1,461

476

647

2,832

1,223

1,316

3,079

4,363

5,169

1,099

4,676

3,049

4,159

4,550

6,022

5,236

3,458

6,732

6,094

8,918

5,431

7,781

6,297

5,453

5,798

4,815

-1,568

Net Income (Loss) Attributable to Parent

-1,071

5,306

4,821

13,585

14,160

10,501

10,760

8,979

8,438

33,151

5,570

10,610

7,199

1,705

5,572

7,150

2,998

11,774

9,187

10,783

11,706

13,786

10,941

14,144

7,779

9,145

21,415

11,547

11,061

13,783

15,251

9,609

11,157

15,539

14,892

10,953

11,808

13,289

5

Earnings Per Share, Basic [Abstract]
Earnings Per Share, Basic

-0.06

0.28

0.25

0.70

0.74

0.55

0.56

0.47

0.44

1.73

0.29

0.56

0.38

0.09

0.27

0.46

0.20

0.79

0.62

0.72

0.78

0.91

0.71

0.94

0.51

0.60

1.38

0.73

0.70

0.88

0.95

0.60

0.70

0.99

0.95

0.70

0.77

0.87

0.00

Weighted Average Number of Shares Outstanding, Basic

19,193

19,146

19,268

19,297

19,251

19,216

19,204

19,174

19,150

19,124

19,123

19,052

19,016

18,969

18,977

15,514

14,756

14,861

14,937

14,905

14,986

15,108

15,158

15,117

15,245

15,352

-

15,733

15,723

15,669

-

16,048

15,906

15,681

-

15,570

15,430

15

16,315

Diluted
Earnings Per Share, Diluted

-0.06

0.27

0.24

0.70

0.73

0.54

0.55

0.47

0.44

1.72

0.29

0.55

0.38

0.09

0.26

0.46

0.20

0.78

0.61

0.72

0.77

0.90

0.72

0.92

0.50

0.59

1.36

0.72

0.69

0.87

0.95

0.59

0.69

0.98

0.94

0.69

0.75

0.86

0.00

Weighted Average Number of Shares Outstanding, Diluted

19,361

19,369

19,271

19,520

19,441

19,556

19,340

19,305

19,273

19,254

19,227

19,138

19,109

19,074

19,206

15,660

14,851

14,999

15,073

15,070

15,155

15,270

15,321

15,294

15,434

15,539

-

15,945

15,928

15,845

-

16,197

16,106

15,832

-

15,789

15,838

15

16,378

Common Stock, Dividends, Per Share, Declared

0.30

0.30

0.30

0.30

0.30

0.30

0.30

0.30

0.30

0.30

0.30

0.30

0.30

0.30

0.30

0.30

0.30

0.30

0.30

0.30

0.30

0.30

0.30

0.30

0.30

0.30

0.30

0.30

0.30

0.30

0.30

0.25

0.25

0.25

0.25

0.20

0.20

0.20

-

Product
Revenue

183,223

178,858

194,716

205,528

206,690

175,078

171,046

168,651

165,453

169,241

176,484

167,592

170,800

176,595

188,925

137,549

116,565

119,301

121,139

114,779

124,436

124,481

122,342

126,829

116,681

121,159

134,810

118,396

119,793

124,621

120,728

125,339

112,788

117,451

113,547

100,363

97,029

89,901

70,677

Cost of goods and services sold

121,206

111,639

126,464

130,514

129,579

108,168

104,716

103,182

101,133

100,494

111,393

101,629

101,605

112,778

123,350

88,272

79,115

74,664

76,534

69,205

75,691

75,532

75,839

76,605

69,380

74,625

76,226

70,511

73,559

75,960

71,355

69,831

64,648

66,872

65,343

58,368

56,430

50,899

44,016

Service
Revenue

28,240

26,985

29,366

26,681

26,356

28,103

26,833

26,017

25,870

24,921

25,004

26,172

22,624

22,684

25,923

20,151

20,533

21,200

22,344

19,133

19,519

18,103

20,762

18,642

20,662

17,251

19,985

16,663

17,124

18,047

17,115

16,358

16,231

16,246

18,052

16,469

16,032

15,975

14,267

Cost of goods and services sold

19,016

17,595

19,446

16,592

16,117

16,708

16,671

15,202

15,365

15,740

15,693

16,579

12,963

13,037

15,862

11,315

12,839

13,326

13,918

11,498

11,722

10,221

11,390

11,171

12,429

9,246

11,733

9,952

9,453

10,106

9,067

8,198

7,981

8,112

9,675

8,634

7,724

8,305

7,679