Perma-pipe international holdings, inc. (PPIH)
Income statement / Quarterly
Jan'20Oct'19Jul'19Apr'19Jan'19Oct'18Jul'18Apr'18Jan'18Oct'17Jul'17Apr'17Jan'17Oct'16Jul'16Apr'16Jan'16Oct'15Jul'15Apr'15Jan'15Oct'14Jul'14Apr'14Jan'14Oct'13Jul'13Apr'13Jan'13Oct'12Jul'12Apr'12Jan'12Oct'11Jul'11Apr'11Oct'10Jul'10
Net sales

32,263

34,457

36,667

24,276

34,945

32,806

32,325

28,889

-

27,498

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cost of Sales

25,235

26,814

27,014

19,554

28,628

25,923

26,432

24,664

-

24,178

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net sales

-

-

-

-

-

-

-

-

-

-

26,852

23,501

27,615

25,302

22,859

23,069

30,322

46,950

25,147

20,277

-29,790

43,819

53,370

59,524

53,375

57,967

60,802

54,691

34,190

47,236

42,882

44,499

44,775

71,330

63,990

53,401

58,837

61,887

Cost of sales

-

-

-

-

-

-

-

-

-

-

23,794

21,716

24,568

21,605

19,879

21,077

23,377

32,635

22,021

17,922

-27,309

37,098

42,825

43,535

44,197

41,080

47,371

41,972

29,787

38,560

35,299

37,667

39,912

58,898

53,206

45,159

45,282

48,144

Gross profit

7,028

7,643

9,653

4,722

6,317

6,883

5,893

4,225

3,579

3,320

3,058

1,785

3,047

3,697

2,980

1,992

6,945

14,315

3,126

2,355

-2,481

6,721

10,545

15,989

9,178

16,887

13,431

12,719

4,403

8,676

7,583

6,832

4,863

12,432

10,784

8,242

13,555

13,743

Operating expenses:
General and administrative expense

4,319

4,541

4,573

4,442

3,204

4,247

3,924

3,982

3,758

4,314

3,856

4,286

5,276

3,490

3,720

5,093

4,445

5,491

4,227

4,706

-219

5,291

6,713

7,417

7,352

7,550

6,359

6,855

7,905

5,760

5,316

6,599

6,788

6,457

6,615

6,392

7,037

7,529

Selling expense

1,201

1,354

1,416

1,260

1,222

1,554

1,321

1,142

1,120

1,297

1,307

1,316

1,485

1,382

1,450

1,404

1,043

1,303

1,429

1,219

-1,841

2,666

2,037

2,863

2,833

2,550

2,302

3,331

2,603

2,731

2,870

2,530

3,814

3,743

4,081

3,494

3,500

3,389

Total operating expenses

5,520

5,895

5,989

5,702

4,426

5,801

5,245

5,124

4,878

5,611

5,163

5,602

6,761

4,872

5,170

6,497

5,488

6,794

5,656

5,925

-2,060

7,957

8,750

10,280

10,185

10,100

8,661

10,186

10,508

8,491

8,186

9,129

-

10,200

10,696

-

-

-

Total operating expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

9,886

10,537

10,918

Income from operations

1,508

1,748

3,664

-980

1,891

1,082

648

-899

-1,299

-2,291

-2,105

-3,817

-3,714

-1,175

-2,190

-4,505

1,457

7,521

-2,530

-3,570

-421

-1,236

1,795

5,709

-1,007

6,787

4,770

2,533

-6,105

185

-603

-2,297

-5,739

2,232

88

-1,644

3,018

2,825

Income from joint venture

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

78

408

-49

165

846

903

219

-8

280

715

-172

-295

1,032

531

69

-246

974

683

84

-183

695

-24

Loss on consolidation of joint venture

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

1,620

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest expense, net

-292

-194

-209

-210

-292

-280

-284

-266

-190

-193

-157

-157

-134

-112

-97

-226

-260

-127

-162

79

274

-293

-263

-237

-229

-276

-385

-421

-261

-513

-353

-371

-423

-395

-332

-287

-371

-404

Income from operations before income taxes

1,216

1,554

3,455

-1,190

1,599

802

364

-1,165

-1,489

-2,484

-2,262

-3,974

-3,848

-1,287

-2,287

-6,351

1,275

7,802

-2,741

-3,326

699

-626

1,751

5,464

-956

7,226

4,213

1,817

-5,334

203

-887

-2,914

-5,188

2,520

-160

-2,114

3,342

2,397

Income tax expense

-287

1,699

-265

312

625

934

639

-48

8

808

-564

-485

-1,688

2,411

-1,077

-257

478

1,344

-473

26

1,498

11

276

1,266

-394

64

-268

105

-

74

350

-

-2,872

1,834

1,677

-622

-223

-485

Income tax expense (benefit)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-317

-

-

-

-

-

-

Loss from continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

-2,160

-3,698

-1,210

-6,094

797

6,458

-2,268

-3,352

-799

-637

1,475

4,198

-562

7,162

4,481

1,712

-17,052

129

-1,237

-2,597

-

-

-

-

-

-

(Loss) income from discontinued operations, net of tax

-

-

-

-

-

-

-

-

-

-

-

-

-218

-203

1,309

-200

-4,274

-344

-123

-1,303

-4,201

265

-111

-371

-1,276

226

-85

9,369

1,525

326

-120

541

-

-

-

-

-

-

Net income/(loss)

1,503

-145

3,720

-1,502

974

-132

-275

-1,117

-1,497

-3,292

-1,698

-3,489

-2,378

-3,901

99

-6,294

-3,477

6,114

-2,391

-4,655

-5,000

-372

1,364

3,827

-1,838

7,388

4,396

11,081

-15,527

455

-1,357

-2,056

-2,316

686

-1,837

-1,492

3,565

2,882

Weighted average common shares outstanding
Basic and diluted (in shares)

-

-

-

7,887

-

-

-

7,718

7,717

7,714

7,679

7,610

-

7,541

-

7,351

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6,881

6,863

-

-

-

Basic weighted average number of common shares outstanding (in shares)

-

8,037

7,987

-

-

7,877

7,820

-

-

-

-

-

-

-

7,481

-

7,301

7,290

7,277

7,252

7,289

7,290

7,248

7,177

7,127

7,068

6,985

6,932

6,926

6,924

6,923

6,915

-

-

-

-

6,842

6

Diluted (in shares)

-

8,037

8,075

-

-

7,877

7,820

-

-

-

-

-

-

-

7,603

-

-

7,367

7,277

-

7,305

7,290

7,386

7,315

7,233

7,163

7,054

6,934

6,926

6,924

6,923

6,915

-

-

-

-

6,842

6

Basic

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.89

-

-

-

-0.09

0.20

0.58

-

1.01

0.64

0.25

-

0.02

-0.18

-0.38

-

-

-

-

-

-

Diluted

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.88

-

-

-

-0.09

0.20

0.57

-0.08

1.00

0.63

0.25

-

0.02

-0.18

-

-

-

-

-

-

-

Basic and diluted

-

-

-

-

-

-

-

-

-

-

-

-

-0.28

-0.49

-0.16

-0.83

-

-

-0.31

-0.46

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Basic and diluted

-

-

-

-

-

-

-

-

-

-

-

-

-0.02

-0.03

0.17

-0.03

-0.58

-0.05

-0.02

-0.18

-0.58

0.04

-0.02

-0.05

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Basic

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.20

0.03

-0.01

1.35

0.22

0.05

-0.02

0.08

-

-

-

-

-

-

Diluted

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.03

-

-

-

0.05

-

-

-

-

-

-

-

-

Income/(loss) per share
Basic (in dollars per share)

-

-0.02

0.47

-

-

-0.02

-0.04

-

-

-

-

-

-

-

-

-

-

0.84

-

-

-

-0.05

0.19

0.53

-0.29

1.05

0.63

1.60

-2.24

0.07

-0.20

-0.30

-

-

-

-

-

-

Diluted (in dollars per share)

-

-0.02

0.46

-

-

-0.02

-0.04

-

-

-

-

-

-

-

-

-

-

0.83

-

-

-

-0.05

0.18

0.52

-0.29

1.03

0.62

1.60

-

0.07

-0.20

-

-

-

-

-

-

-

Basic and diluted

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6,855

-

-

Basic and diluted (in dollars per share)

-

-

-

-0.19

-

-

-

-0.14

-0.19

-0.43

-0.22

-0.46

-0.30

-0.52

0.01

-0.86

-

-

-0.33

-0.64

-

-

-

-

-

-

-

-

-

-

-

-

-0.33

0.10

-0.27

-0.22

0.52

0.42