POOL CORPORATION POOL Income Statement

Pool corporation (POOL)

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	Dec'10	Sep'10	Jun'10	Mar'10	Sep'09	Jun'09
Net sales
677,288	582,233	898,500	1,121,328	597,456	543,082	811,311	1,057,804	585,900	510,183	743,401	988,163	546,441	445,235	691,429	918,889	515,250	415,075	645,779	851,855	450,430	376,442	615,536	848,240	406,344	340,789	578,157	790,392	370,362	306,818	528,027	757,175	361,954	270,422	503,584	706,423	312,889	241,426	455,020	647,467	269,833	430,054	602,082
Cost of sales
487,659	420,184	640,569	791,014	422,825	382,640	576,308	749,149	419,827	364,785	526,795	698,499	392,820	317,458	491,878	648,153	372,227	296,780	461,491	603,595	325,629	270,422	439,292	601,264	292,244	244,996	415,600	562,226	265,601	217,880	376,526	534,770	257,391	189,587	355,678	494,984	221,479	167,859	324,151	456,933	193,541	306,660	424,014
Gross profit
189,629	162,049	257,931	330,314	174,631	160,442	235,003	308,655	166,073	145,398	216,606	289,664	153,621	127,777	199,551	270,736	143,023	118,295	184,288	248,260	124,801	106,020	176,244	246,976	114,100	95,793	162,557	228,166	104,761	88,938	151,501	222,405	104,563	80,835	147,906	211,439	91,410	73,567	130,869	190,534	76,292	123,394	178,068
Selling and administrative expenses
147,097	136,252	153,391	157,791	136,245	134,473	142,666	146,613	132,532	128,139	134,678	135,478	122,623	118,034	125,385	128,316	113,493	112,316	118,776	119,128	109,202	106,752	117,787	124,477	105,454	102,607	109,182	116,173	97,829	99,235	103,544	114,271	98,542	93,628	106,993	113,518	90,834	90,350	93,822	101,665	84,180	91,252	96,348
Impairment of goodwill and other assets
6,900	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Goodwill impairment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	6,946	-	-	-	0	-	-	-	-	-	-	-	-
Operating income
35,588	25,797	104,540	172,523	38,386	25,969	92,337	162,042	33,541	17,259	81,928	154,186	30,998	9,743	74,166	142,420	29,530	5,979	65,512	129,132	15,599	-732	58,457	122,499	8,646	-6,814	53,375	111,993	6,932	-10,297	41,011	108,134	6,021	-14,343	40,913	97,921	576	-16,783	37,047	88,869	-7,888	32,142	81,720
Interest and other non-operating expenses, net
-4,789	-5,234	-5,498	-6,424	-6,616	-6,447	-4,931	-5,991	-3,527	-3,581	-4,009	-3,952	-3,647	-4,527	-2,989	-4,001	-2,964	-1,704	-2,473	-1,900	-1,995	-1,794	-1,864	-1,894	-1,933	-1,509	-1,544	-2,081	-1,614	-1,105	-1,687	-2,200	-1,477	-6,144	-1,641	-1,824	1,645	-11,277	376	1,928	2,354	2,504	3,150
Income before income taxes and equity earnings
30,799	20,563	99,042	166,099	31,770	19,522	87,406	156,051	30,014	13,678	77,919	150,234	27,351	5,216	71,177	138,419	26,566	4,275	63,039	127,232	13,604	-2,526	56,593	120,605	6,713	-8,323	51,831	109,912	5,318	-11,402	39,324	105,934	4,544	-17,197	39,272	96,097	-1,069	-18,744	36,671	86,941	-10,242	29,638	78,570
Income tax benefit
-25	2,592	19,593	34,778	-802	2,785	18,206	39,062	-1,279	-11,970	29,179	55,654	5,119	2,687	26,807	53,209	10,228	1,648	23,704	49,493	5,292	-552	21,711	46,796	2,604	-3,218	19,496	43,416	1,896	-3,276	17,965	41,018	1,037	-7,058	15,126	37,670	-419	-6,951	13,902	34,167	-4,025	11,648	30,878
Equity earnings in unconsolidated investments, net
88	52	76	69	65	75	61	60	46	18	43	40	38	43	51	37	25	-48	68	70	121	-5	76	54	79	130	-3	37	18	129	16	27	144	24	23	150	12	-12	15	-4	106	-27,312	674
Net income
-	-	-	-	-	-	-	-	-	25,666	48,783	94,620	22,270	2,572	44,421	85,247	16,363	2,579	39,403	77,809	8,433	-1,979	34,958	73,863	4,188	-	32,332	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net loss attributable to noncontrolling interest
-	-	-	-	-	-	-	-	-	0	0	-283	-11	-43	-113	-188	-8	94	-44	-115	14	216	122	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income
30,912	18,023	79,525	131,390	32,637	16,812	69,261	117,049	31,339	25,666	48,783	94,903	22,281	2,615	44,534	85,435	16,371	2,485	39,447	77,924	8,419	-2,195	34,836	73,863	4,188	-4,975	32,332	66,533	3,440	-7,997	21,375	64,943	3,651	-10,115	24,169	58,577	-638	-11,805	22,784	52,770	-6,111	-9,322	48,366
Earnings per share:
Basic (in dollars per share)
0.77	0.45	1.99	3.30	0.83	0.44	1.71	2.89	0.78	0.65	1.20	2.30	0.54	0.08	1.06	2.03	0.39	0.07	0.92	1.80	0.19	-0.04	0.80	1.65	0.09	-0.10	0.70	1.43	0.07	-0.17	0.46	1.38	0.08	-0.21	0.50	1.21	-0.01	-0.24	0.46	1.07	-0.12	-0.19	1.00
Diluted (in dollars per share)
0.75	0.43	1.95	3.22	0.80	0.41	1.66	2.80	0.75	0.62	1.16	2.21	0.52	0.08	1.03	1.98	0.38	0.06	0.90	1.75	0.19	-0.04	0.78	1.61	0.09	-0.09	0.68	1.39	0.07	-0.16	0.45	1.34	0.08	-0.21	0.50	1.19	-0.01	-0.23	0.45	1.05	-0.12	-0.19	0.99
Weighted average shares outstanding: [Abstract]
Basic (in shares)
40,125	40,093	39,933	39,827	39,479	39,999	40,422	40,453	40,370	40,152	40,659	41,349	41,192	41,212	42,020	42,030	42,226	42,671	42,826	43,322	43,601	43,421	43,756	44,769	45,178	45,704	46,380	46,659	46,385	46,513	46,574	47,142	47,519	47,550	47,987	48,231	48,864	49,554	49,615	49,513	49,194	48	48,536
Diluted (in shares)
40,955	41,051	40,865	40,848	40,696	41,299	41,797	41,814	41,862	41,727	42,207	42,985	42,877	42,348	43,119	43,152	43,317	43,863	43,939	44,458	44,756	44,554	44,864	45,971	46,375	47,060	47,598	47,882	47,580	47,559	47,787	48,288	48,598	49,196	48,772	49,116	48,864	50,837	50,168	50,445	49,194	48	48,844
Cash dividends declared per common share
0.55	0.55	0.55	0.55	0.45	0.45	0.45	0.45	0.37	0.37	0.37	0.37	0.31	0.31	0.31	0.31	0.26	0.26	0.26	0.26	0.22	0.22	0.22	0.22	0.19	0.19	0.19	0.19	0.16	0.16	0.16	0.16	0.14	0.14	0.14	0.14	0.13	0.13	0.13	0.13	0.13	0.13	0.13