Patrick industries inc (PATK)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09
NET SALES

2,337,082

2,263,061

1,635,653

1,221,887

920,333

735,717

594,931

437,367

307,822

278,232

212,522

Cost of goods sold

1,914,211

1,847,195

1,356,738

1,019,418

768,054

617,214

503,908

371,623

263,514

248,594

189,643

GROSS PROFIT

422,871

415,866

278,915

202,469

152,279

118,503

91,023

65,744

44,308

29,638

22,879

Operating Expenses:
Warehouse and delivery

98,055

74,996

46,905

36,081

27,106

26,163

20,158

15,782

13,645

11,699

10,248

Selling, general and administrative

134,466

128,242

90,736

62,183

46,468

36,392

27,979

21,637

16,603

13,835

12,132

Amortization of intangible assets

35,908

34,213

19,374

13,368

8,787

4,477

2,371

1,523

829

564

353

Loss on sale of fixed assets

-

-

-

-

-

-

430

238

244

2,866

1,201

Total operating expenses

268,429

237,451

157,015

111,632

82,361

67,032

50,078

38,704

30,833

23,232

21,532

OPERATING INCOME

154,442

178,415

121,900

90,837

69,918

51,471

40,945

27,040

13,475

6,406

1,347

Interest expense, net

-36,616

-26,436

-8,790

-7,185

-4,319

-2,393

2,171

4,037

4,469

5,522

6,442

Stock warrants revaluation

-

-

-

-

-

-

-

-1,731

-699

261

-817

Income before income taxes

117,826

151,979

113,110

83,652

65,599

49,078

38,774

21,272

8,307

1,145

-5,912

Income taxes

28,260

32,147

27,392

28,075

23,380

18,404

14,734

-6,823

-163

-81

-469

Income (loss) from continuing operations

-

-

-

-

-

-

-

-

-

-

-5,443

Income from discontinued operations

-

-

-

-

-

-

-

-

-

-

1,486

Income taxes

-

-

-

-

-

-

-

-

-

-

564

Income from discontinued operations, net of tax

-

-

-

-

-

-

-

-

-

-

922

Net Income (Loss) Attributable to Parent

89,566

119,832

85,718

55,577

42,219

30,674

24,040

28,095

8,470

1,226

-4,521

Continuing operations (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-0.59

Discontinued operations (in dollars per share)

-

-

-

-

-

-

-

-

-

-

0.10

Earnings Per Share, Basic

3.88

4.99

3.54

2.47

1.84

1.92

1.49

2.66

0.87

0.13

-0.49

Continuing operations (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-0.59

Discontinued operations (in dollars per share)

-

-

-

-

-

-

-

-

-

-

0.10

Earnings Per Share, Diluted

3.85

4.93

3.48

2.43

1.81

1.91

1.49

2.64

0.83

0.12

-0.49

Weighted Average Number of Shares Outstanding, Basic

23,058

23,995

24,230

22,520

22,984

15,950

16,100

10,558

9,757

9,351

9,198

Weighted Average Number of Shares Outstanding, Diluted

23,280

24,317

24,643

22,896

23,254

16,039

16,179

10,637

10,156

9,863

9,198