SANDERSON FARMS INC SAFM Income Statement

Sanderson farms inc (SAFM)

Income statement / Quarterly

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	Jan'10
Net sales
823,078	906,470	945,200	845,200	743,388	798,148	852,434	813,474	771,948	919,941	931,901	802,038	688,346	790,811	727,991	692,089	605,166	679,592	739,933	716,592	667,363	760,850	768,395	660,717	584,883	727,061	738,964	621,195	595,760	648,379	624,854	595,046	517,826	559,842	511,169	479,342	427,732	529,125	489,096	487,101	420,123
Cost and expenses:
Cost of sales
823,524	884,946	824,144	740,833	708,400	787,660	781,568	703,410	702,101	746,425	692,585	655,283	606,391	630,156	598,563	578,276	555,061	595,839	612,761	577,567	526,201	578,499	607,003	552,311	516,085	624,937	605,018	562,233	584,867	612,547	555,240	535,901	509,004	612,647	556,596	479,366	436,639	430,555	409,841	412,109	378,044
Live inventory adjustment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-41,300	22,000	6,000	22,300	0	0	0	0
Selling, general and administrative
49,485	51,150	52,226	49,230	58,535	58,575	55,778	55,037	52,575	64,556	62,036	43,641	46,070	44,992	44,565	40,039	30,294	40,167	47,339	29,503	38,105	39,824	45,687	29,915	23,599	30,345	29,505	19,832	20,565	20,325	20,704	18,165	17,903	17,984	17,009	16,813	20,411	24,519	24,899	19,277	16,360
Cost and expenses
873,009	938,896	876,370	790,063	766,935	855,835	837,346	758,447	754,676	810,981	754,621	698,924	652,461	675,148	643,128	618,315	585,355	636,006	660,100	607,070	564,306	618,323	652,690	582,226	539,684	655,282	634,523	582,065	605,432	632,872	575,944	554,066	526,907	589,331	595,605	502,179	479,350	455,074	434,740	431,386	394,404
Operating loss
-49,931	-32,407	68,782	55,166	-23,547	-57,687	15,088	55,027	17,272	108,960	177,280	103,114	35,885	115,663	84,863	73,774	19,811	43,586	79,833	109,522	103,057	142,527	115,705	78,491	45,199	71,779	104,441	39,130	-9,672	15,507	48,910	40,980	-9,081	-29,489	-84,436	-22,837	-51,618	74,051	54,356	55,715	25,719
Other income (expense):
Interest income
-	-	0	0	-	842	745	905	419	344	327	301	195	167	77	0	0	67	0	13	26	23	15	10	12	15	5	4	3	8	3	4	2	3	8	9	21	53	34	11	5
Interest expense
1,188	982	1,492	1,173	509	518	519	506	523	511	515	428	432	429	428	420	431	467	556	686	427	486	439	741	911	1,159	1,365	1,807	1,805	1,814	1,999	2,426	2,962	2,443	2,023	1,491	456	138	277	1,161	1,132
Other
2	3	4	2	0	3	3	4	2	2	3	3	2	11	9	7	3	45	15	29	34	12	1	32	16	510	-17	-120	171	0	5	-1	-564	9	4	468	29	7	5	2	5
Other income (expense)
-1,186	-979	-1,488	-1,171	-509	327	229	403	-102	-165	-185	-124	-235	-251	-342	-413	-428	-355	-541	-644	-367	-451	-423	-699	-883	-634	-1,377	-1,923	-1,631	-1,806	-1,991	-2,423	-3,524	-2,431	-2,011	-1,014	-406	-78	-238	-1,148	-1,122
Loss before income taxes
-51,117	-33,386	67,294	53,995	-24,056	-57,360	15,317	55,430	17,170	108,795	177,095	102,990	35,650	115,412	84,521	73,361	19,383	43,231	79,292	108,878	102,690	142,076	115,282	77,792	44,316	71,145	103,064	37,207	-11,303	13,701	46,919	38,557	-12,605	-31,920	-86,447	-23,851	-52,024	73,973	54,118	54,567	24,597
Income tax benefit
-12,541	-10,515	13,932	13,359	-6,223	-14,162	3,842	13,482	-34,036	35,924	61,261	35,975	11,625	39,450	29,805	25,759	8,702	15,860	28,411	37,632	36,187	48,967	39,202	26,804	15,445	25,875	35,145	12,836	-4,360	4,354	18,198	14,692	-4,616	-10,358	-30,764	-7,575	-18,468	26,173	18,002	19,480	8,780
Net loss
-38,576	-22,871	53,362	40,636	-17,833	-43,198	11,475	41,948	51,206	72,871	115,834	67,015	24,025	75,962	54,716	47,602	10,681	27,371	50,881	71,246	66,503	93,109	76,080	50,988	28,871	45,270	67,919	24,371	-6,943	9,347	28,721	23,865	-7,989	-21,562	-55,683	-16,276	-33,556	47,800	36,116	35,087	15,817
Loss per share:
Basic (in usd per share)
-1.76	-1.01	2.41	1.83	-0.82	-1.88	0.50	1.84	2.24	3.20	5.09	2.95	1.06	3.37	2.42	2.11	0.47	1.25	2.27	3.13	2.87	4.04	3.30	2.21	1.25	1.98	2.95	1.06	-0.31	0.42	1.25	1.04	-0.36	-0.97	-2.51	-0.74	-1.52	2.15	1.55	1.62	0.75
Diluted (in usd per share)
-1.76	-1.01	2.41	1.83	-0.82	-1.88	0.50	1.84	2.24	3.20	5.09	2.95	1.06	3.37	2.42	2.11	0.47	1.25	2.27	3.13	2.87	4.04	3.30	2.21	1.25	1.98	2.95	1.06	-0.31	0.42	1.25	1.04	-0.36	-0.97	-2.51	-0.74	-1.52	2.15	1.55	1.62	0.75
Dividends per share (in usd per share)
0.32	0.32	0.32	0.32	0.32	0.32	0.32	0.32	0.32	1.32	0.24	0.24	0.24	1.24	0.22	0.22	0.22	0.72	0.22	0.22	0.22	0.72	0.20	0.20	0.20	0.20	0.17	0.17	0.17	0.17	0.17	0.17	0.17	0.17	0.17	0.17	0.17	0.17	0.15	0.15	0.15