| Aug'19 | Aug'18 | Aug'17 | Aug'16 | Aug'15 | Aug'14 | Aug'13 | Aug'12 | Aug'11 |
|---|---|---|---|---|---|---|---|---|
NET SALES: | ||||||||
Net sales, excluding joint ventures | ||||||||
53,142 | 48,516 | 36,346 | 30,211 | 27,491 | 23,601 | 19,724 | 20,227 | 16,594 |
Net sales, to joint ventures | ||||||||
2,607 | 2,908 | 3,222 | 2,721 | 2,831 | 3,224 | 2,777 | 2,553 | 2,932 |
Total net sales | ||||||||
55,750 | 51,424 | 39,569 | - | - | - | - | - | - |
Cost of goods sold | ||||||||
37,970 | 34,165 | 26,316 | - | - | - | - | - | - |
Total net sales | ||||||||
- | - | - | 32,933 | 30,322 | 26,826 | 22,501 | 22,781 | 19,526 |
Cost of goods sold | ||||||||
- | - | - | 22,320 | 20,555 | 17,803 | 15,473 | 14,528 | 12,768 |
Gross profit | ||||||||
17,779 | 17,259 | 13,252 | 10,613 | 9,766 | 9,022 | 7,028 | 8,252 | 6,757 |
JOINT VENTURE OPERATIONS: | ||||||||
Equity in income from joint ventures | ||||||||
7,225 | 7,527 | 5,898 | 4,743 | 5,936 | 5,920 | 5,237 | 5,519 | 5,536 |
Fees for services provided to joint ventures | ||||||||
5,727 | 6,142 | 5,452 | 5,137 | 5,715 | 8,142 | 7,352 | 4,622 | 6,129 |
Total joint venture operations | ||||||||
12,953 | 13,669 | 11,351 | 9,881 | 11,652 | 14,063 | 12,590 | 10,142 | 11,666 |
OPERATING EXPENSES: | ||||||||
Selling expenses | ||||||||
10,968 | 10,886 | 9,283 | 6,255 | 5,820 | 5,221 | 4,845 | 4,585 | 4,090 |
General and administrative expenses | ||||||||
9,349 | 8,500 | 7,807 | 8,232 | 6,531 | 5,393 | 4,605 | 4,309 | 4,343 |
Expenses incurred in support of joint ventures | ||||||||
- | - | - | - | 1,867 | 1,408 | 1,387 | 1,054 | 1,000 |
Research and development expenses | ||||||||
3,822 | 3,524 | 2,912 | 4,724 | 4,047 | 4,368 | 3,815 | 3,875 | 4,364 |
Total operating expenses | ||||||||
24,140 | 22,911 | 20,003 | 19,212 | 18,267 | 16,392 | 14,654 | 13,825 | 13,798 |
OPERATING INCOME | ||||||||
6,592 | 8,017 | 4,600 | 1,282 | 3,151 | 6,694 | 4,964 | 4,569 | 4,625 |
INTEREST INCOME | ||||||||
78 | 99 | 43 | 42 | 34 | 11 | 34 | 54 | 108 |
INTEREST EXPENSE | ||||||||
13 | 17 | 20 | 13 | 20 | 47 | 52 | 29 | 59 |
IMPAIRMENT ON INVESTMENT AT CARRYING VALUE (Note 7) | ||||||||
- | - | - | 1,883 | 0 | - | - | - | - |
OTHER INCOME | ||||||||
- | - | - | - | 0 | - | - | - | - |
OTHER INCOME | ||||||||
- | - | - | - | - | 4 | 670 | 21 | 27 |
INCOME BEFORE INCOME TAX EXPENSE | ||||||||
6,657 | 8,098 | 4,624 | -572 | 3,166 | 6,663 | 5,617 | 4,616 | 4,701 |
INCOME TAX EXPENSE | ||||||||
841 | 876 | 699 | 626 | 648 | 1,124 | 864 | 1,041 | 706 |
NET INCOME | ||||||||
5,815 | 7,222 | 3,924 | -1,198 | 2,517 | 5,538 | 4,753 | 3,575 | 3,995 |
NET INCOME ATTRIBUTABLE TO NON- CONTROLLING INTERESTS | ||||||||
606 | 521 | 502 | -330 | 727 | 1,432 | 1,386 | 127 | 95 |
NET INCOME ATTRIBUTABLE TO NTIC | ||||||||
5,209 | 6,701 | 3,422 | -867 | 1,789 | 4,106 | 3,366 | 3,448 | 3,900 |
NET INCOME ATTRIBUTABLE TO NTIC PER COMMON SHARE: | ||||||||
Basic (in dollars per share) | ||||||||
0.57 | 0.74 | 0.76 | -0.19 | 0.40 | 0.92 | 0.76 | 0.79 | 0.90 |
Diluted (in dollars per share) | ||||||||
0.55 | 0.72 | 0.75 | -0.19 | 0.38 | 0.90 | 0.75 | 0.78 | 0.89 |
WEIGHTED AVERAGE COMMON SHARES ASSUMED OUTSTANDING: | ||||||||
Basic (in shares) | ||||||||
9,085 | 9,077 | 4,528 | 4,537 | 4,521 | 4,454 | 4,421 | 4,391 | 4,325 |
Diluted (in shares) | ||||||||
9,415 | 9,370 | 4,577 | 4,537 | 4,649 | 4,579 | 4,475 | 4,451 | 4,404 |
CASH DIVIDENDS DECLARED PER COMMON SHARE (in dollars per share) | ||||||||
0.24 | 0.20 | 0.00 | - | - | - | - | - | - |