RAVEN INDUSTRIES, INC. RAVN Income Statement

Raven industries, inc. (RAVN)

Income statement / TTM

Jan'20	Oct'19	Jul'19	Apr'19	Jan'19	Oct'18	Jul'18	Apr'18	Jan'18	Oct'17	Jul'17	Apr'17	Jan'17	Oct'16	Jul'16	Apr'16	Jan'16	Oct'15	Jul'15	Apr'15	Jan'15	Oct'14	Jul'14	Apr'14	Jan'14	Oct'13	Jul'13	Apr'13	Jan'13	Oct'12	Jul'12	Apr'12	Jan'12	Oct'11	Jul'11	Apr'11	Jan'11	Oct'10	Jul'10	Apr'10
Net sales
382,530	384,791	389,091	393,717	406,668	414,469	410,985	394,911	377,317	350,409	321,582	302,570	277,395	261,307	256,396	256,316	258,229	295,268	318,949	345,916	378,153	380,925	394,571	393,507	394,677	391,614	383,687	391,940	406,175	412,926	409,215	397,885	381,511	355,866	348,389	331,219	314,708	0	0	0
Cost of sales
258,783	262,793	264,744	266,100	274,119	277,447	273,283	265,304	255,752	239,288	223,955	212,541	199,205	190,651	188,607	189,584	191,255	218,596	234,910	254,077	274,907	273,399	279,444	277,303	275,323	271,124	265,562	270,486	278,502	284,280	282,890	273,494	265,319	248,564	243,454	234,025	223,279	0	0	0
Gross profit
123,747	121,998	124,347	127,617	132,549	137,022	137,702	129,607	121,565	111,121	97,627	90,029	78,190	70,656	67,789	66,732	66,974	76,672	84,039	91,839	103,246	107,526	115,127	116,204	119,354	120,490	118,125	121,454	127,673	128,646	126,325	124,391	116,192	107,302	104,935	97,194	91,429	0	0	0
Research and development expenses
31,558	30,260	29,076	28,160	26,174	22,531	20,136	18,241	16,936	16,156	16,224	15,883	16,312	16,404	16,258	15,559	14,686	14,522	14,835	16,004	17,440	18,068	17,708	17,312	16,576	15,088	14,628	14,203	13,367	13,070	12,071	10,881	9,724	9,056	8,139	7,721	7,604	0	0	0
Selling, general and administrative expenses
52,250	51,354	52,607	50,734	51,242	51,297	50,155	48,884	45,200	40,680	37,471	35,218	33,378	31,446	30,714	30,623	32,574	36,606	38,988	41,352	42,005	39,711	39,699	39,300	38,784	38,287	38,142	37,057	36,614	36,806	34,981	32,970	30,827	28,955	26,965	25,693	24,073	0	0	0
Goodwill impairment loss
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Long-lived asset impairment loss
-	-	-	-	-	-	-	-	259	259	346	346	87	3,900	0	0	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on disposition of assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-
Operating income
39,939	40,384	42,664	48,723	55,133	63,194	67,411	62,482	59,170	54,026	43,586	38,582	28,413	22,706	5,494	5,227	4,391	10,234	30,216	34,483	43,801	49,747	57,720	59,592	63,994	67,115	65,355	70,194	77,692	78,770	79,273	80,540	75,641	69,291	70,282	64,231	60,203	0	0	0
Other income (expense), net
95	621	1,211	689	6,437	6,357	5,649	5,725	-184	-308	-547	-693	-560	-456	-306	-363	-310	-523	-472	-265	-300	-121	-92	-252	-371	-302	-315	-192	-46	-54	-2	18	57	11	32	14	79	0	0	0
Income before income taxes
40,034	41,005	43,875	49,412	61,570	69,551	73,060	68,207	58,986	53,718	43,039	37,889	27,853	22,250	5,188	4,864	4,081	9,711	29,744	34,218	43,501	49,626	57,628	59,340	63,623	66,813	65,040	70,002	77,646	78,716	79,271	80,558	75,698	69,302	70,314	64,245	60,282	0	0	0
Income tax expense
5,421	6,147	5,894	6,476	9,697	12,187	16,755	17,389	17,967	16,701	12,278	10,868	7,661	4,564	-591	-642	-767	577	7,647	8,595	11,705	15,770	18,276	19,398	20,721	21,087	20,745	22,476	25,091	26,203	26,222	26,616	25,063	22,321	22,898	20,937	19,745	0	0	0
Net income
34,613	34,858	37,981	42,936	51,873	57,364	56,305	50,818	41,019	37,017	30,761	27,021	20,192	17,686	5,779	5,506	4,848	9,134	22,097	25,623	31,796	33,856	39,352	39,942	42,902	45,726	44,295	47,526	52,555	52,513	53,049	53,942	50,635	51,408	0	0	-	0	-	-
Net income (loss) attributable to noncontrolling interest
-583	-2	23	67	79	79	54	9	-3	-2	-1	-1	1	15	37	68	72	83	75	73	63	38	28	4	-1	4	3	21	10	63	68	46	66	8	0	0	-	0	-	-
Net income attributable to Raven Industries, Inc.
35,196	34,860	37,958	42,869	51,794	57,285	56,251	50,809	41,022	37,019	30,762	27,022	20,191	17,671	5,742	5,438	4,776	9,051	22,022	25,550	31,733	33,818	39,324	39,938	42,903	45,722	44,292	47,505	52,545	52,450	52,981	53,896	50,569	46,973	47,416	43,308	40,537	0	0	0
Net income per common share:
─ Basic (in usd per share)
0.09	0.28	0.24	0.37	0.08	0.36	0.38	0.62	0.24	0.33	0.23	0.34	0.13	0.16	0.12	0.15	0.06	-0.17	0.11	0.13	0.16	0.19	0.21	0.30	0.23	0.34	0.23	0.38	0.31	0.30	0.32	0.52	-0.12	0.31	0.34	0.87	-0.71	0.65	0.46	0.72
─ Diluted (in usd per share)
0.09	0.28	0.24	0.36	0.07	0.36	0.38	0.61	0.23	0.33	0.23	0.34	0.13	0.16	0.12	0.15	0.06	-0.17	0.11	0.13	0.17	0.18	0.21	0.30	0.22	0.34	0.23	0.38	0.30	0.30	0.32	0.52	-0.12	0.31	0.34	0.86	-0.71	0.65	0.46	0.72
Cash dividends paid per common share (in dollars per share)
-	-	-	-	-	-	-	-	-	-	0.13	0.13	-	0.13	0.13	0.13	-	0.13	0.13	0.13	-	0.13	0.12	0.12	-	0.12	0.12	0.12	-	0.10	0.10	0.10	-	0.09	0.09	0.18	-	1.41	0.16	0.16
Comprehensive income:
Net income
34,613	34,858	37,981	42,936	51,873	57,364	56,305	50,818	41,019	37,017	30,761	27,021	20,192	17,686	5,779	5,506	4,848	9,134	22,097	25,623	31,796	33,856	39,352	39,942	42,902	45,726	44,295	47,526	52,555	52,513	53,049	53,942	50,635	51,408	0	0	-	0	-	-
Other comprehensive income (loss), net of tax:
Foreign currency translation
-994	-226	-511	-869	-1,045	-565	-425	742	1,234	541	525	-550	50	-411	-208	-48	-729	-1,050	-1,515	-1,609	-1,466	-842	-432	-296	-424	-169	-75	-80	-3	-57	-243	-154	-38	0	0	0	-	-	-	-
Postretirement benefits, net of income tax (expense) benefit of $251, $(99), and $44, respectively
865	-323	-329	-336	-342	130	130	131	131	238	234	229	225	-76	-2,872	-3,020	-3,077	-717	2,053	2,173	2,204	-325	-331	-334	-340	155	147	138	130	628	687	737	804	0	0	0	-	-	-	-
Other comprehensive income (loss), net of tax
-1,859	97	-182	-533	-703	-695	-555	611	1,103	303	291	-779	-175	-335	2,664	2,972	2,348	-333	-3,568	-3,782	-3,670	-517	-101	38	-84	-324	-222	-218	-133	-809	-1,012	-949	-842	0	0	0	-	-	-	-
Comprehensive income
32,754	34,955	37,799	42,403	51,170	56,669	55,750	51,429	42,122	37,320	31,052	26,242	20,017	17,351	8,443	8,478	7,196	8,801	18,529	21,841	28,126	33,339	39,251	39,980	42,818	45,402	44,073	47,308	52,422	51,704	52,037	52,993	49,793	0	0	0	-	-	-	-
Comprehensive income attributable to noncontrolling interest
-583	-2	23	67	79	79	54	9	-3	-2	-1	-1	1	15	37	68	72	83	75	73	63	38	28	4	-1	4	3	21	10	63	68	46	66	0	0	0	-	-	-	-
Comprehensive income attributable to Raven Industries, Inc.
33,337	34,957	37,776	42,336	51,091	56,590	55,696	51,420	42,125	37,322	31,053	26,243	20,016	17,336	8,406	8,410	7,124	8,718	18,454	21,768	28,063	33,301	39,223	39,976	42,819	45,398	44,070	47,287	52,412	51,641	51,969	52,947	49,727	0	0	0	-	-	-	-
Income tax (expense) benefit on postretirement benefits
-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-