Perceptron inc/mi (PRCP)
Income statement / Quarterly
Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'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'11Dec'10Sep'10
Net Sales

19,132

17,850

18,195

15,632

21,553

21,442

23,594

21,397

20,433

19,269

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net Sales

-

-

-

-

-

-

-

-

-

-

-

16,325

21,751

17,520

-

18,082

17,211

15,068

23,440

16,182

23,566

11,217

17,393

17,328

12,519

12,372

20,744

14,765

13,229

12,148

12,826

19,191

16,217

9,145

7,619

14,134

16,341

12,753

Cost of Sales

12,001

10,808

12,292

10,485

13,703

13,150

14,573

13,475

13,026

11,619

13,790

11,135

12,307

12,946

12,358

12,880

12,116

10,642

14,157

11,614

12,253

8,110

9,969

9,166

7,543

8,085

10,765

7,420

8,030

6,551

8,692

9,513

8,561

6,443

3,298

7,671

9,221

8,035

Gross Profit

7,131

7,042

5,903

5,147

7,850

8,292

9,021

7,922

7,407

7,650

8,561

5,190

9,444

4,574

6,416

5,202

5,095

4,426

9,283

4,568

11,313

3,107

7,424

8,162

4,976

4,287

9,979

7,345

5,199

5,597

4,134

9,678

7,656

2,702

4,321

6,463

7,120

4,718

Operating Expenses
Selling, general and administrative

4,309

4,243

4,988

4,415

4,942

4,635

-

4,700

4,497

-

4,552

4,039

4,469

4,287

4,958

4,702

5,386

5,270

6,330

5,027

4,926

4,114

4,229

3,913

3,598

3,476

4,241

3,413

3,456

3,363

3,084

3,252

3,407

3,240

2,910

3,486

3,650

3,422

Engineering, research and development

1,632

1,828

1,950

1,812

2,080

2,198

-

2,132

1,797

-

1,909

1,650

1,657

1,610

1,443

1,740

1,970

2,228

2,263

1,948

1,999

1,701

1,765

1,630

1,642

1,654

1,995

1,636

1,593

1,557

1,545

1,410

1,309

1,327

-456

2,134

1,972

2,118

Severance, impairment and other charges

471

-

-

0

-609

-

-

-3

658

-

1,057

3

61

656

-

2,567

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total operating expenses

6,412

6,071

14,477

6,227

6,413

6,833

7,166

6,829

6,952

6,105

7,518

5,692

6,187

6,553

6,660

9,009

7,356

7,498

8,593

6,975

6,925

5,815

5,994

5,543

5,240

5,130

6,236

5,049

5,049

4,920

4,629

4,662

4,716

4,567

2,454

5,620

5,622

5,540

Operating Income

719

971

-8,574

-1,080

1,437

1,459

1,855

1,093

455

1,545

1,043

-502

3,257

-1,979

-244

-3,807

-2,261

-3,072

690

-2,407

4,388

-2,708

1,430

2,619

-264

-843

3,743

2,296

150

677

-495

5,016

2,940

-1,865

1,867

843

1,498

-822

Other Income and (Expenses)
Interest expense, net

-43

-24

-180

-16

-29

-27

-

-53

-42

-

-52

-94

-61

-57

-56

-46

-25

-21

-40

24

76

78

67

58

51

12

47

50

32

44

57

57

65

66

73

59

56

45

Foreign currency gain (loss), net

32

-211

88

-127

151

-202

-

63

-57

-

-107

118

-393

49

-73

158

58

1

-194

-62

-376

-554

12

110

-246

-3

-240

-249

-304

146

-101

-243

-143

-142

228

43

-10

221

Other income, net

91

33

-

28

5

-

-

24

-5

-

12

4

23

1

14

12

86

59

63

64

58

65

-

-

1

-1

-

-

5

-

-

-

157

-

-

-

-

-

Total other income and (expense)

80

-202

-28

-115

127

-229

-355

34

-104

-34

-147

28

-431

-7

-115

124

119

39

-171

26

-242

-411

78

168

-194

8

941

-199

-267

190

-38

-186

79

-76

303

102

46

266

Income Before Income Taxes

799

769

-8,602

-1,195

1,564

1,230

1,500

1,127

351

1,511

896

-474

2,826

-1,986

-359

-3,683

-2,142

-3,033

519

-2,381

4,146

-3,119

1,508

2,787

-458

-835

4,684

2,097

-117

867

-533

4,830

3,019

-1,941

2,170

945

1,544

-556

Income Tax (Expense) Benefit

48

143

-313

-130

-45

276

533

107

-15

-109

635

124

302

369

15,235

-818

-596

-925

130

-792

1,367

-1,079

567

306

-51

-247

703

761

-301

238

795

1,602

898

-747

801

339

517

-204

Income from Continuing Operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,981

1,336

184

629

-1,328

3,228

2,121

-1,194

1,369

606

1,027

-352

Litigation Settlement from Forest Products Business Unit net of $493 of taxes (Note 12)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

957

-

-

-

-

Commercial Products Business Unit (net of $13, and $32 of tax expense and benefit, respectively) (Note 12)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-73

-

-

-

-

Total discontinued operations (Note 11)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

23

31

0

26

-1,292

-463

-375

-1,030

-

-

-

-

Net Income

751

626

-8,289

-1,065

1,609

954

967

1,020

366

1,620

261

-598

2,524

-2,355

-15,594

-2,865

-1,546

-2,108

389

-1,589

2,779

-2,040

941

2,481

-407

-588

4,004

1,367

184

655

-2,620

2,765

1,746

-2,224

545

606

1,027

-352

Income Per Common Share
Continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.46

0.16

0.02

0.08

-0.15

0.38

0.25

-0.14

0.16

0.07

0.11

-0.04

Discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.01

0.00

0.00

0.00

-0.16

-0.05

-0.05

-0.12

-

-

-

-

Basic

0.08

0.06

-0.87

-0.11

0.17

0.10

0.10

0.11

0.04

0.17

0.02

-0.06

0.27

-0.25

-1.65

-0.31

-0.17

-0.23

0.04

-0.17

0.30

-0.22

0.12

0.27

-0.05

-0.07

0.47

0.16

0.02

0.08

-0.31

0.33

0.20

-0.26

0.07

0.07

0.11

-0.04

Continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.45

0.16

0.02

0.08

-0.15

0.38

0.25

-0.14

0.15

0.07

0.11

-0.04

Discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.01

0.00

0.00

0.00

-0.16

-0.05

-0.05

-0.12

-

-

-

-

Diluted

0.08

0.06

-0.86

-0.11

0.16

0.10

0.09

0.11

0.04

0.17

0.02

-0.06

0.27

-0.25

-1.65

-0.31

-0.17

-0.23

0.04

-0.17

0.30

-0.22

0.12

0.26

-0.05

-0.07

0.46

0.16

0.02

0.08

-0.31

0.33

0.20

-0.26

0.06

0.07

0.11

-0.04

Weighted Average Common Shares Outstanding
Basic

9,693

9,661

9,646

9,627

9,615

9,560

9,393

9,539

9,491

9,453

9,376

9,400

9,381

9,371

9,388

9,351

9,351

9,350

9,348

9,290

9,218

9,152

9,148

9,130

8,972

8,682

8,581

8,538

8,505

8,424

8,399

8,393

8,421

8,519

8,657

8,888

8,992

8,979

Dilutive effect of stock options

5

3

-288

0

76

212

133

152

106

49

-35

0

35

0

0

0

0

0

-145

0

145

0

-

235

-

-

43

109

64

88

-

105

110

-

344

177

163

0

Diluted

9,698

9,664

9,358

9,627

9,691

9,772

9,526

9,691

9,597

9,502

9,341

9,400

9,416

9,371

9,388

9,351

9,351

9,350

9,203

9,290

9,363

9,152

9,821

9,365

8,972

8,682

8,624

8,647

8,569

8,512

8,184

8,498

8,531

8,519

9,001

9,065

9,155

8,979