MTS SYSTEMS CORPORATION MTSC Income Statement

Mts systems corporation (MTSC)

Income statement / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jul'17	Mar'17	Dec'16	Oct'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	Jun'10
Revenue
Revenue
873,597	895,180	892,518	866,315	828,774	787,051	778,032	781,641	780,737	782,838	787,955	801,315	765,251	708,925	650,147	578,782	554,994	561,851	563,934	563,555	575,114	568,502	564,328	576,019	565,607	565,181	569,439	552,487	559,125	551,227	542,256	536,012	511,147	495,189	467,368	420,713	0	0	0
Cost of Sales
Total cost of sales
562,472	567,946	563,588	539,065	510,343	481,145	472,503	478,202	478,026	476,096	485,677	497,803	479,182	456,568	418,743	369,983	351,099	346,558	344,321	341,098	348,171	342,567	340,685	341,415	334,102	335,305	337,500	329,963	327,529	317,146	306,064	300,660	289,633	281,158	265,378	242,055	0	0	0
Gross profit
311,125	327,234	328,930	327,250	318,431	305,906	305,529	303,439	302,711	306,742	302,278	303,512	286,069	252,357	231,404	208,799	203,895	215,293	219,613	222,457	226,943	225,935	223,643	234,604	231,505	229,876	231,939	222,524	231,596	234,081	236,192	235,352	221,514	214,031	201,990	178,658	0	0	0
Operating expenses
Selling and marketing
129,005	132,269	131,639	130,342	129,192	126,394	126,333	126,754	126,440	126,470	124,912	122,990	114,433	104,808	94,992	85,897	83,072	82,374	82,974	83,631	85,800	87,907	88,136	88,512	86,205	83,313	81,009	77,861	77,120	76,807	74,637	74,400	72,266	70,211	69,781	67,199	0	0	0
General and administrative
91,165	87,273	86,658	84,409	82,869	79,756	79,240	79,869	79,514	84,078	87,539	89,711	89,911	80,374	69,313	58,863	51,423	50,198	51,438	51,321	51,219	52,403	51,407	49,622	49,858	49,055	48,163	48,354	49,777	50,519	51,401	52,674	52,523	48,935	44,230	46,314	0	0	0
Research and development
30,262	30,795	30,928	31,557	32,165	33,115	34,784	34,936	34,524	35,159	34,999	34,390	32,232	28,723	25,336	23,875	23,498	23,435	23,705	22,155	22,603	23,705	23,844	24,724	24,666	23,463	22,812	22,620	21,506	21,986	21,893	20,371	19,126	16,616	14,785	14,692	0	0	0
U.S. Government settlement
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-
Total operating expenses
250,432	250,337	249,225	246,308	244,226	239,265	240,357	241,559	240,478	245,707	247,450	247,091	236,576	213,905	189,641	168,635	157,993	156,007	158,117	157,107	159,622	164,015	163,387	162,858	160,729	155,831	151,984	148,835	156,153	157,062	155,681	155,195	143,915	135,762	128,796	128,205	0	0	0
Operating Income (Loss)
60,693	76,897	79,705	80,942	74,205	66,641	65,172	61,880	62,233	61,035	54,828	56,421	49,493	38,452	41,763	40,164	45,902	59,286	61,496	65,350	67,321	61,920	60,256	71,746	70,776	74,045	79,955	73,689	75,443	77,019	80,511	80,157	77,599	78,269	73,194	50,453	0	0	0
Interest Income (Expense), Net
-34,501	-33,012	-31,558	-26,994	-26,556	-25,896	-25,882	-42,733	-44,195	-44,905	-30,821	-15,505	-8,169	-1,008	-8,489	557	777	761	795	608	617	685	692	17	113	168	334	265	579	517	305	-19	-357	239	915	895	0	0	0
Interest income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Other income (expense), net
-466	-14	466	5,047	5,201	5,205	4,933	171	-782	-390	-996	-1,313	278	-281	238	428	-366	-1,080	-1,529	-2,051	-1,984	-1,588	-1,121	-832	-368	-1,111	-367	-182	-506	49	-426	-288	487	946	1,026	877	0	0	0
Income (loss) before income taxes
25,726	43,871	48,613	58,995	52,850	45,950	44,223	33,878	31,816	30,300	23,011	25,043	27,042	22,603	33,512	39,559	44,723	57,377	59,172	62,523	64,570	59,633	58,443	70,263	69,853	72,434	79,254	73,162	74,906	76,975	79,780	79,624	77,503	78,521	73,305	50,553	0	0	0
Income Tax Expense (Benefit)
3,085	5,999	5,546	9,989	8,450	7,272	-17,105	-22,260	-25,953	-26,230	-2,073	-43	5,416	5,178	6,018	8,450	9,981	13,927	13,710	15,307	13,993	12,983	16,434	17,780	19,967	19,266	21,448	21,520	25,202	27,175	28,224	28,427	24,962	25,329	22,363	14,498	0	0	0
Net Income (Loss) Attributable to Parent
22,641	37,872	43,067	49,006	44,400	38,678	61,328	56,138	57,769	56,530	25,084	25,086	21,626	17,425	27,494	31,109	34,742	43,450	45,462	47,216	50,577	46,650	42,009	52,483	49,886	53,168	57,806	51,642	49,704	49,800	51,556	51,197	52,541	53,192	50,942	36,055	0	0	0
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
762,325	785,792	782,012	758,342	721,465	680,228	674,391	0	678,770	684,117	691,471	703,912	673,869	619,634	562,340	494,554	471,784	479,655	484,835	486,038	498,088	490,333	487,011	499,479	491,046	494,158	497,620	483,538	490,481	483,476	476,306	469,125	444,149	428,390	400,840	357,970	0	0	0
Cost of goods and services sold
489,823	498,196	494,725	472,977	445,645	417,199	409,525	416,202	414,649	415,121	427,405	439,362	426,005	403,515	365,401	318,585	299,518	296,094	296,962	296,267	303,667	297,356	296,449	296,836	290,742	294,921	296,256	291,385	290,705	281,794	272,706	266,694	255,231	247,013	231,040	209,713	0	0	0
Service
Revenue
111,272	109,388	110,506	107,973	107,309	106,823	103,641	0	101,967	98,721	96,484	97,403	91,382	89,291	87,807	84,228	83,210	82,196	79,099	77,517	77,026	78,169	77,317	76,540	74,561	71,023	71,819	68,949	68,644	67,751	65,950	66,887	66,998	66,799	66,528	62,743	0	0	0
Cost of goods and services sold
72,649	69,750	68,863	66,088	64,698	63,946	62,978	62,000	63,377	60,975	58,272	58,441	53,177	53,053	53,342	51,398	51,581	50,464	47,359	44,831	44,504	45,211	44,236	44,579	43,360	40,384	41,244	38,578	36,824	35,352	33,358	33,966	34,402	34,145	34,338	32,342	0	0	0