Napco security technologies, inc (NSSC)
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
Net sales:
Equipment revenues

20,007

20,045

20,921

24,633

20,597

20,685

19,590

23,847

19,042

18,269

18,586

-

18,681

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Service revenues

6,232

5,784

5,364

4,951

4,546

4,144

3,786

3,413

3,158

2,843

2,588

-

2,126

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total Revenues

26,239

25,829

26,285

29,584

25,143

24,829

23,376

27,260

22,200

21,112

21,174

25,684

20,807

20,715

20,168

24,059

19,808

20,497

18,149

22,961

17,894

19,571

17,336

21,518

17,272

18,353

17,239

21,795

17,163

17,212

15,216

19,872

17,236

17,617

16,203

20,697

17,760

17,608

15,327

Cost of sales:
Equipment related expenses

13,285

12,602

13,638

15,559

13,471

13,203

13,007

14,381

12,557

11,933

12,091

-

12,026

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Service related expenses

998

1,100

1,129

1,094

943

955

810

741

751

700

597

-

420

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cost of sales

14,283

13,702

14,767

16,653

14,414

14,158

13,817

15,122

13,308

12,633

12,688

10,813

12,446

14,098

13,716

14,421

13,700

14,296

12,512

13,618

12,548

13,468

12,081

13,242

11,955

13,272

12,200

13,500

12,511

12,571

11,080

12,835

12,172

12,722

12,047

14,222

12,247

12,918

11,904

Gross Profit

11,956

12,127

11,518

12,931

10,729

10,671

9,559

12,138

8,892

8,479

8,486

14,871

8,361

6,617

6,452

9,638

6,108

6,201

5,637

9,343

5,346

6,103

5,255

8,276

5,317

5,081

5,039

8,295

4,652

4,641

4,136

7,037

5,064

4,895

4,156

6,475

5,513

4,690

3,423

Research and development

1,815

1,823

1,749

1,854

1,851

1,762

1,745

1,715

1,669

1,639

1,607

-

1,698

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Selling, general, and administrative expenses

6,096

6,310

6,160

6,311

5,231

5,615

6,055

6,146

5,311

5,674

5,820

6,384

5,527

5,553

5,736

5,872

4,894

5,182

5,313

5,881

4,869

5,007

5,009

5,453

4,568

4,577

4,799

4,772

4,413

4,287

4,535

4,668

4,375

4,000

4,298

4,033

4,856

4,159

4,140

Operating expenses

7,911

-

7,909

-

7,082

-

7,800

-

6,980

-

-

-

7,225

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating Income

4,045

3,994

3,609

4,766

3,647

3,294

1,759

4,277

1,912

1,166

1,059

3,462

1,136

1,064

716

3,766

1,214

1,019

324

3,462

477

1,096

246

2,823

749

504

240

3,523

239

354

-399

2,369

689

895

-142

2,042

657

531

-717

Other expense:
Interest expense, net

-5

9

-

-

-5

-6

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest expense, net

-

-

7

-

-

-

7

14

19

22

26

24

17

18

24

40

45

41

53

54

52

54

55

57

59

80

99

74

103

141

177

260

287

298

304

327

328

411

594

Other, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-3

-4

-3

5

-3

-4

-4

-3

-4

-3

-4

-3

-67

-15

-13

-14

-5

-13

-14

-14

Other expense, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-327

-302

-311

-318

-332

-341

-425

-608

Income before Provision for Income Taxes

4,040

4,003

3,602

4,763

3,642

3,288

1,752

4,263

1,893

1,144

1,033

3,438

1,119

1,046

692

3,726

1,169

978

271

3,405

421

1,039

196

2,763

686

420

138

3,445

133

209

-579

2,042

387

584

-460

1,710

316

106

-1,325

Provision for Income Taxes

425

431

369

35

520

419

248

566

64

-89

143

216

167

189

124

288

125

2

-44

65

26

88

37

428

36

52

15

236

22

74

-145

201

84

275

-293

307

-379

-51

-191

Net Income

3,615

3,572

3,233

4,728

3,122

2,869

1,504

3,697

1,829

1,233

890

3,222

952

857

568

3,438

1,044

976

315

3,340

395

951

159

2,335

650

368

123

3,209

111

135

-434

1,841

303

309

-167

1,403

695

157

-1,134

Income per share:
Basic (in dollars per share)

0.20

0.19

0.17

0.26

0.17

0.15

0.08

0.19

0.10

0.07

0.05

0.17

0.05

0.05

0.03

0.18

0.06

0.05

0.02

0.17

0.02

0.05

0.01

0.12

0.03

0.02

0.01

0.16

0.01

0.01

-0.02

0.09

0.02

0.02

-0.01

0.07

0.04

0.01

-0.06

Diluted (in dollars per share)

0.20

0.19

0.17

0.26

0.17

0.15

0.08

0.19

0.10

0.07

0.05

0.17

0.05

0.05

0.03

0.18

0.06

0.05

0.02

0.17

0.02

0.05

0.01

0.12

0.03

0.02

0.01

0.16

0.01

0.01

-0.02

0.09

0.02

0.02

-0.01

0.07

0.04

0.01

-0.06

Weighted average number of shares outstanding:
Basic (per share)

18,472

18,478

18,478

18,478

18,489

18,603

18,726

18,720

18,737

18,849

18,846

18,832

18,819

18,798

18,787

18,789

18,811

18,931

18,965

18,990

19,066

19,188

19,412

19,421

19,416

19,408

19,323

19,293

19,296

19,154

19,097

19,096

19,096

19,096

19,096

19,096

19,096

19,096

19,096

Diluted (per share)

18,516

18,538

18,536

18,538

18,533

18,649

18,776

18,766

18,772

18,883

18,879

18,872

18,855

18,851

18,838

18,805

18,828

18,957

18,986

19,002

19,073

19,189

19,412

19,456

19,471

19,444

19,341

19,436

19,419

19,496

19,097

19,451

19,409

19,256

19,096

19,319

19,193

19,096

19,096