Patrick industries inc (PATK)
Income statement / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jul'18Apr'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'11Sep'10Jun'10
NET SALES

589,232

549,460

566,186

613,218

608,218

531,211

575,139

604,879

551,832

475,570

407,511

407,145

345,427

323,936

304,151

315,163

278,637

248,659

214,805

233,481

223,388

189,574

188,138

187,855

170,150

146,612

146,623

159,576

142,120

106,128

112,946

115,605

102,688

78,278

77,439

82,620

69,485

72,785

83,865

Cost of goods sold

479,751

450,133

461,851

500,557

501,670

434,546

468,484

490,087

454,078

394,887

338,328

335,645

287,878

270,955

255,299

259,879

233,285

207,208

179,764

193,088

187,994

160,065

158,110

156,036

143,003

125,008

124,800

134,416

119,684

91,560

96,043

97,766

86,254

67,068

64,248

70,603

61,595

65,021

74,129

GROSS PROFIT

109,481

99,327

104,335

112,661

106,548

96,665

106,655

114,792

97,754

80,683

69,183

71,500

57,549

52,981

48,852

55,284

45,352

41,451

35,041

40,393

35,394

29,509

30,028

31,819

27,147

21,604

21,823

25,160

22,436

14,568

16,903

17,839

16,434

11,210

13,191

12,017

7,890

7,764

9,736

Operating Expenses:
Warehouse and delivery

24,732

23,827

23,917

26,270

24,041

19,456

19,789

18,723

17,028

14,463

11,016

11,083

10,343

9,932

9,165

9,285

7,699

6,952

6,669

6,826

6,659

6,550

6,842

6,659

6,112

5,619

5,293

4,710

4,536

4,041

4,086

3,981

3,674

3,490

3,537

3,505

3,113

3,110

3,140

Selling, general and administrative

35,869

30,063

33,817

32,894

37,692

29,243

33,284

33,874

31,841

26,981

22,756

21,893

19,106

17,262

15,883

14,767

14,271

12,925

10,805

11,219

11,519

9,788

9,339

8,765

8,500

6,568

7,001

7,441

6,969

5,381

5,398

5,940

4,918

4,446

4,226

4,074

3,857

3,785

3,599

Amortization of intangible assets

9,601

9,460

9,191

8,268

8,989

9,100

8,873

9,140

7,100

5,135

5,237

4,817

4,185

3,688

3,687

3,225

2,768

2,792

2,354

1,982

1,659

1,441

1,408

841

787

783

548

521

519

531

342

334

316

291

195

171

172

125

126

Loss on sale of fixed assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-11

5

6

-

51

-37

13

6

-6

426

4

1

234

3

0

-19

11

228

24

-26

29

Total operating expenses

70,202

63,350

66,925

67,432

70,722

57,772

61,946

61,737

55,996

46,579

39,009

37,793

33,634

30,882

28,735

27,277

24,738

22,669

19,839

20,022

19,831

17,806

17,538

16,302

15,386

12,964

12,848

12,246

12,020

9,952

9,592

10,252

8,908

8,246

7,947

7,522

7,118

7,046

6,836

OPERATING INCOME

39,279

35,977

37,410

45,229

35,826

38,893

44,709

53,055

41,758

34,104

30,174

33,707

23,915

22,099

20,117

28,007

20,614

18,782

15,202

20,371

15,563

11,703

12,490

15,517

11,761

8,640

8,975

12,914

10,416

4,616

7,311

7,587

7,526

2,964

5,244

4,495

772

718

2,900

Interest expense, net

-10,492

-10,394

-8,603

-8,636

-8,983

-8,456

-7,338

-6,264

-4,378

-2,631

-2,135

-2,010

-2,014

-1,987

-1,917

-1,632

-1,649

-4,868

-1,153

898

804

-4,143

694

507

549

556

541

522

552

4,812

-830

-790

845

880

777

1,075

1,737

1,474

1,363

Stock warrants revaluation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

73

-134

-1,670

-775

69

277

-270

127

347

Income before income taxes

28,787

25,583

28,807

36,593

26,843

30,437

37,371

46,791

37,380

31,473

28,039

31,697

21,901

20,112

18,200

26,375

18,965

17,318

14,049

19,473

14,759

11,060

11,796

15,010

11,212

8,084

8,434

12,392

9,864

3,044

6,554

6,663

5,011

1,309

4,536

3,697

-1,235

-629

1,884

Income taxes

7,600

5,599

7,490

9,177

5,994

3,467

9,437

11,931

7,312

2,427

10,094

10,437

4,434

6,552

6,127

9,406

5,990

5,282

5,089

7,400

5,609

3,767

4,542

5,779

4,316

3,072

2,982

4,835

3,845

-173

0

-6,650

0

-163

0

0

0

0

0

Net Income (Loss) Attributable to Parent

21,187

19,984

21,317

27,416

20,849

26,970

27,934

34,860

30,068

29,046

17,945

21,260

17,467

13,560

12,073

16,969

12,975

12,036

8,960

12,073

9,150

7,293

7,254

9,231

6,896

5,012

5,452

7,557

6,019

3,217

6,554

13,313

5,011

1,472

4,536

3,697

-1,235

-629

1,884

Earnings Per Share, Basic

0.92

0.87

0.92

1.19

0.90

1.16

1.17

1.44

1.22

1.19

0.73

0.86

0.76

-0.33

0.80

1.13

0.87

-0.13

0.58

0.79

0.60

0.26

0.45

0.57

0.64

-0.27

0.51

0.70

0.55

0.30

0.61

1.26

0.49

0.16

0.46

0.38

-0.13

-0.07

0.20

Earnings Per Share, Diluted

0.91

0.85

0.92

1.18

0.90

1.16

1.15

1.42

1.20

1.16

0.72

0.85

0.75

-0.32

0.79

1.11

0.85

-0.14

0.58

0.78

0.59

0.25

0.45

0.57

0.64

-0.27

0.51

0.70

0.55

0.35

0.60

1.22

0.47

0.16

0.44

0.36

-0.13

-0.07

0.19

Weighted Average Number of Shares Outstanding, Basic

23,016

23,015

23,076

23,102

23,039

23,144

23,894

24,202

24,740

24,800

24,663

24,600

22,857

45,076

15,048

15,008

14,948

45,955

15,342

15,312

15,327

21,051

15,986

16,061

10,702

32,121

10,655

10,720

10,904

10,814

10,673

10,526

10,219

19,456

9,865

9,697

9

9,401

9,331

Weighted Average Number of Shares Outstanding, Diluted

23,267

23,283

23,273

23,316

23,248

23,411

24,232

24,515

25,110

25,226

25,032

24,990

23,324

45,853

15,308

15,231

15,192

46,494

15,532

15,513

15,477

21,118

16,081

16,142

10,815

32,272

10,697

10,762

10,985

10,011

10,909

10,921

10,707

20,042

10,387

10,185

9

9,401

9,912