Park aerospace corp (PKE)
Income statement / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Nov'18Aug'18May'18Feb'18Nov'17Aug'17May'17Feb'17Nov'16Aug'16May'16Feb'16Nov'15Aug'15May'15Feb'15Nov'14Aug'14May'14Feb'14Nov'13Aug'13May'13Feb'13Nov'12Aug'12May'12Feb'12Nov'11Aug'11May'11Nov'10Aug'10
Net sales

15,494

15,847

13,723

14,950

16,659

12,853

11,211

10,393

-8,771

10,229

11,355

27,417

27,599

26,462

29,058

31,490

35,756

34,323

37,947

37,829

36,241

34,679

42,349

48,817

38,151

39,678

44,497

43,438

42,675

41,265

46,430

46,046

43,676

47,312

50,449

51,817

46,920

54,505

Cost of sales

10,460

10,825

9,910

10,146

10,756

8,569

8,066

7,541

-7,564

7,264

8,147

21,095

20,213

19,828

21,824

22,703

25,029

24,026

27,586

26,462

24,986

26,081

30,178

31,888

27,701

28,640

30,876

30,447

30,840

28,725

33,231

33,070

32,435

34,316

35,913

35,848

32,428

36,188

Gross profit

5,034

5,022

3,813

4,804

5,903

4,284

3,145

2,852

-1,207

2,965

3,208

6,322

7,386

6,634

7,234

8,787

10,727

10,297

10,361

11,367

11,255

8,598

12,171

16,929

10,450

11,038

13,621

12,991

11,835

12,540

13,199

12,976

11,241

12,996

14,536

15,969

14,492

18,317

Selling, general and administrative expenses

2,147

1,949

1,914

1,922

2,768

1,983

2,116

2,101

386

2,509

2,240

4,727

4,688

4,604

5,110

5,337

5,137

5,264

5,009

5,801

5,771

5,754

6,252

6,596

6,465

6,106

6,041

6,556

6,583

6,365

6,591

7,056

6,804

6,991

6,902

7,550

6,381

7,238

Restructuring charges (Note 8)

-

-

-

-

-

-

-

-

-

-

-

1,361

107

113

23

70

162

158

91

124

193

636

83

267

227

0

119

200

608

559

2,525

11

-

0

0

-

1,312

-

Earnings from continuing operations

2,887

3,073

1,899

2,882

3,135

2,301

1,029

751

-378

456

968

234

2,591

1,917

2,101

3,380

5,428

4,875

5,261

5,442

5,291

2,208

5,836

10,066

3,758

4,932

7,461

6,235

4,644

5,616

4,083

5,909

3,187

6,005

7,634

8,419

6,799

11,079

Interest expense (Note 10)

-

-

-

-

-

-

-

-

467

689

603

510

422

343

334

333

577

355

356

369

364

361

360

353

225

187

185

167

-

-

-

-

-

-

-

-

-

-

Interest and other income

717

802

863

948

1,289

393

357

340

407

734

751

749

527

430

369

378

340

227

317

265

232

222

226

147

180

139

77

64

127

143

179

198

-1,395

188

1,794

221

123

218

Earnings from continuing operations before income taxes

3,604

3,875

2,762

3,830

2,926

2,694

1,386

1,091

-1,780

501

1,116

473

2,696

2,004

2,136

3,425

5,191

4,747

5,222

5,338

5,159

2,069

5,702

9,860

3,713

4,884

7,353

6,132

4,757

5,759

4,262

6,107

3,390

6,193

9,428

8,640

6,922

11,297

Income tax provision (Note 4)

971

1,069

710

1,116

1,338

616

-438

275

-17,655

157

257

-921

219

129

155

475

617

638

653

561

318

38

747

1,644

63,737

163

-692

1,203

685

1,049

1,016

1,174

239

814

1,758

1,398

1,902

1,850

Net earnings from continuing operations

2,633

2,806

2,052

2,714

1,588

2,078

1,824

816

-

344

859

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

(Loss) earnings from discontinued operations, net of tax (Note 13)

-249

-360

83

-127

102,398

1,613

876

2,352

-

372

-339

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net earnings

2,384

2,446

2,135

2,587

103,986

3,691

2,700

3,168

17,965

716

520

1,394

2,477

1,875

1,981

2,950

4,574

4,109

4,569

4,777

4,841

2,031

4,955

8,216

-60,024

4,721

8,045

4,929

4,072

4,710

3,246

4,933

3,151

5,379

7,670

7,242

5,020

9,447

Earnings (loss) per share (Note 7)
Basic:
Basic net earnings per share from continuing operations (in dollars per share)

0.13

0.14

0.10

0.13

0.08

0.10

0.09

0.04

-

0.02

0.04

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Basic net earnings (loss) per share from discontinued operations (in dollars per share)

-0.01

-0.02

-

-

5.02

0.08

0.04

0.12

-

0.02

-0.01

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Basic earnings per share (in dollars per share)

0.12

0.12

0.10

0.13

5.10

0.18

0.13

0.16

0.88

0.04

0.03

0.07

0.12

0.09

0.10

0.15

0.23

0.20

0.23

0.23

0.23

0.10

0.24

0.39

-2.89

0.23

0.39

0.24

0.19

0.23

0.16

0.24

0.15

0.26

0.37

0.35

0.24

0.46

Basic weighted average shares (in shares)

20,519

20,518

20,499

20,492

20,370

20,278

20,253

20,242

40,455

20,237

20

20,235

20,235

20,235

20,235

20,235

20,252

20,253

20,337

20,546

20,896

20,947

20,925

20,880

20,875

20,857

20,836

20,828

20,807

20,801

20,800

20,796

20,766

20,754

20,741

20,723

20,636

20,632

Diluted:
Diluted net earnings per share from continuing operations (in dollars per share)

0.13

0.14

0.10

0.13

0.08

0.10

0.09

0.04

-

0.02

0.04

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Diluted net earnings (loss) per share from discontinued operations (in dollars per share)

-0.01

-0.02

-

-

4.99

0.08

0.04

0.12

-

0.02

-0.01

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Diluted earnings per share (in dollars per share)

0.12

0.12

0.10

0.13

5.07

0.18

0.13

0.16

0.88

0.04

0.03

0.07

0.12

0.09

0.10

0.15

0.23

0.20

0.23

0.23

0.23

0.10

0.24

0.39

-2.89

0.23

0.39

0.24

0.18

0.23

0.16

0.24

0.15

0.26

0.37

0.35

0.24

0.46

Diluted (in shares)

20,578

20,617

20,601

20,586

20,501

20,352

20,382

20,296

40,542

20,261

20

20,244

20,251

20,235

20,235

20,235

20,250

20,253

20,340

20,565

20,938

20,989

21,029

20,988

20,783

20,917

20,852

20,844

20,821

20,803

20,819

20,849

20,816

20,756

20,776

20,820

20,674

20,642

Common Stock, Dividends, Per Share, Declared

-

-

-

-

-

-

-

-

-

0.10

0.10

0.10

-

0.10

0.10

0.10

-

0.10

0.10

0.10

-

0.10

0.10

0.10

-

0.10

0.10

0.10

-

0.10

0.10

0.10

-

0.10

0.10

0.10

0.10

0.10