DOUGLAS DYNAMICS, INC PLOW Income Statement

Douglas dynamics, inc (PLOW)

Income statement / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Sep'10	Jun'10
Net sales
68,190	160,298	141,869	176,356	93,187	151,825	124,832	163,446	83,964	137,969	125,339	139,371	72,248	130,143	123,573	113,763	48,789	118,810	120,565	107,143	53,890	100,054	78,836	88,225	36,396	72,997	52,026	55,156	14,141	28,200	37,774	65,499	8,560	60,256	53,495	71,557	23,490	47,448	66,243
Cost of sales
56,500	113,959	101,930	116,763	70,241	107,731	89,912	107,597	63,937	93,158	89,284	94,338	55,061	88,465	86,929	72,242	34,658	80,259	79,700	70,133	37,453	61,358	49,746	53,810	22,271	45,595	36,982	36,278	9,815	20,683	26,208	42,439	6,740	40,342	37,001	45,219	14,419	32,221	41,182
Gross profit
11,690	46,339	39,939	59,593	22,946	44,094	34,920	55,849	20,027	44,811	36,055	45,033	17,187	41,678	36,644	41,521	14,131	38,551	40,865	37,010	16,437	38,696	29,090	34,415	14,125	27,402	15,044	18,878	4,326	7,517	11,566	23,060	1,820	19,914	16,494	26,338	9,071	15,227	25,061
Selling, general, and administrative expense
17,149	18,608	17,269	18,767	16,644	16,677	16,592	20,543	16,146	16,340	12,914	16,746	14,877	15,584	15,761	11,312	10,913	12,923	12,506	11,304	11,417	12,482	9,006	8,481	8,337	9,132	10,733	6,097	5,910	4,506	5,051	5,707	4,631	7,202	6,546	6,760	5,927	6,819	7,900
Intangibles amortization
2,738	2,739	2,737	2,739	2,741	2,867	2,868	2,866	2,871	2,869	2,997	2,786	2,749	2,749	4,395	1,726	1,726	1,752	1,803	1,904	1,903	1,455	1,439	1,454	1,455	1,483	1,447	1,397	1,298	1,298	1,300	1,301	1,300	1,301	1,300	1,300	1,300	1,541	1,540
Impairment of assets held for sale
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	647	-	-	-	-	-	-	-	-	-	-
Management fees-related party
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	57	5,966
Income (loss) from operations
-8,197	24,992	19,933	38,087	3,561	24,550	15,460	32,440	1,010	25,602	20,144	25,501	-439	23,345	16,488	28,483	1,492	23,876	26,556	23,802	3,117	24,759	18,645	24,480	4,333	16,787	2,864	11,384	-3,529	1,713	5,215	16,052	-4,111	11,411	8,648	18,278	1,844	6,810	9,655
Interest expense, net
-5,040	-4,172	-4,271	-4,189	-4,150	-4,523	-4,379	-4,096	-3,945	-3,988	-4,860	-4,192	-5,296	-4,942	-4,518	-2,863	-2,872	-2,838	-2,824	-2,779	-2,454	-2,122	-2,037	-1,998	-1,972	-2,138	-2,130	-2,077	-1,983	-2,089	-2,080	-2,178	-2,046	-2,240	-2,332	-2,142	-2,204	-2,334	-2,989
Loss on extinguishment of debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-673	-	-	-7,967
Litigation proceeds
-	-	-	-	-	-	-	-	-	-	-	1,275	-	0	0	0	10,050	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other expense, net
-111	-349	-120	-125	-171	-279	-12	-264	-203	-163	-203	-230	-236	-737	-97	-69	-64	-4	-60	-69	-60	-85	-53	-65	-18	-44	-40	-46	-31	-43	-44	-155	-78	-4	-25	-74	-115	-12	-1
Loss before taxes
-13,348	14,062	15,542	33,773	-760	19,748	11,069	28,080	-3,138	21,451	15,081	22,354	-5,971	17,666	11,873	25,551	8,606	21,034	23,672	20,954	603	20,682	16,555	22,417	2,343	14,605	694	9,261	-5,543	-419	3,091	13,719	-6,235	9,167	6,291	15,389	-475	4,464	-1,302
Income tax benefit
-3,262	2,502	3,113	8,299	-463	5,052	1,148	6,916	-1,262	-13,077	5,754	7,608	-2,694	7,565	4,571	9,223	3,328	5,893	8,124	7,850	220	7,651	5,793	7,824	768	6,074	91	3,352	-2,139	619	745	4,747	-1,967	3,017	2,324	5,666	325	2,279	-1,377
Net loss
-10,086	11,560	12,429	25,474	-297	14,696	9,921	21,164	-1,876	34,528	9,327	14,746	-3,277	10,101	7,302	16,328	5,278	15,146	15,548	13,104	378	13,430	10,607	14,372	1,552	8,406	594	5,821	-3,361	-1,048	2,327	8,878	-4,214	6,072	3,916	9,609	-790	2,185	75
Less net income (loss) attributable to participating securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	223	70	-	214	186	5	210	155	221	23	125	9	88	-43	10	19	94	-54	78	51	114	-10	-	-
Net income (loss) attributable to common shareholders
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	16,105	5,208	-	15,334	12,918	383	12,422	10,762	14,593	1,575	8,531	603	5,909	-3,404	-1,038	2,346	8,972	-4,268	6,150	3,967	9,723	-800	2,185	75
Weighted average number of common shares outstanding:
Basic (in shares)
22,813	-	22,795	22,795	22,729	-	22,700	22,700	22,623	-	22,590	22,590	22,532	89,855,295	22,501	22,501	22,417	89,249,234	22,362	22,330	22,247	88,607,524	22,197	22,174	22,103	22,054	22,053	22,038	21,971	-21,782,951	21,922	21,906	21,826,701	-	21,760	21,661	21,414	21,158	18,236
Diluted (in shares)
22,813	-	22,832	22,830	22,729	-	22,726	22,717	22,623	-	22,604	22,605	22,532	89,855,295	22,501	22,501	22,417	89,300,105	22,373	22,351	22,269	88,688,849	22,218	22,194	22,122	22,153	22,080	22,064	21,971	-21,782,784	21,979	21,962	21,826,701	-	21,838	21,768	21,414	21,546	18,520
Loss per common share:
Basic
-0.44	0.50	0.54	1.10	-0.01	0.64	0.43	0.92	-0.08	1.51	0.41	0.64	-0.14	0.44	0.32	0.72	0.23	0.66	0.69	0.58	0.02	0.58	0.48	0.65	0.07	0.38	0.03	0.26	-0.15	-0.06	0.11	0.41	-0.19	0.29	0.18	0.44	-0.04	0.10	-
Diluted
-0.44	0.49	0.53	1.10	-0.01	0.63	0.43	0.91	-0.08	1.50	0.40	0.64	-0.14	0.44	0.32	0.71	0.23	0.68	0.68	0.57	0.01	0.59	0.47	0.64	0.07	0.38	0.02	0.26	-0.15	-0.05	0.10	0.40	-0.19	0.27	0.18	0.44	-0.04	0.10	-
Cash dividends declared per share (in dollars per share)
0.28	0.28	0.27	0.27	0.27	0.25	0.27	0.27	0.27	0.24	0.24	0.24	0.24	0.22	0.24	0.24	0.24	0.23	0.22	0.22	0.22	-0.02	0.22	0.45	0.22	0.21	0.21	0.21	0.21	0.19	0.21	0.21	0.21	0.21	0.20	0.20	0.57	0.18	-
Comprehensive loss
-14,380	-	11,361	23,075	-1,319	-	10,709	22,132	-1,052	-	9,396	14,505	-3,311	-	7,321	15,875	4,204	-	14,553	14,025	-271	-	10,778	14,608	1,588	-	802	6,279	-3,365	-	2,371	8,971	-4,279	-	3,649	9,659	-800	-	-