Boston beer co inc (SAM)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09
Revenue

1,329,108

1,057,495

921,736

968,994

1,024,040

966,478

793,705

628,580

558,282

505,870

453,446

Less excise taxes

79,284

61,846

58,744

62,548

64,106

63,471

54,652

48,358

45,282

42,072

38,393

Net revenue

1,249,824

995,649

862,992

906,446

959,934

903,007

739,053

580,222

513,000

463,798

415,053

Cost of goods sold

635,658

483,406

413,091

446,776

458,317

437,996

354,131

265,012

228,433

207,471

201,235

Gross profit

614,166

512,243

449,901

459,670

501,617

465,011

384,922

315,210

284,567

256,327

213,818

Operating expenses:
Advertising, promotional and selling expenses

355,613

304,853

258,649

244,213

273,629

250,696

207,930

169,306

157,261

135,737

121,560

General and administrative expenses

112,730

90,857

73,126

78,033

71,556

65,971

62,332

50,171

43,485

39,112

36,938

Impairment of assets

900

700

2,500

235

-258

-1,777

1,567

149

666

300

1,049

Settlement proceeds

-

-

-

-

-

-

-

-

20,500

-

-

Total operating expenses

469,254

396,362

334,226

322,011

345,443

318,444

271,829

219,626

180,912

175,149

159,547

Operating income

144,912

115,881

115,675

137,659

156,174

146,567

113,093

95,584

103,655

81,178

54,271

Other (expense) income, net:
Interest income, net

647

1,292

549

168

56

21

31

31

54

79

112

Other (expense) income, net

-1,189

-887

-82

-706

-1,220

-994

-583

-98

-209

-149

-16

Total other (expense) income, net

-542

405

467

-538

-1,164

-973

-552

-67

-155

-70

96

Income before income tax provision

144,370

116,286

116,142

137,121

155,010

145,594

112,541

95,517

103,500

81,108

54,367

Income tax provision

34,329

23,623

17,093

49,772

56,596

54,851

42,149

36,050

37,441

30,966

23,249

Net income

110,041

92,663

99,049

87,349

98,414

90,743

70,392

59,467

66,059

50,142

31,118

Net income per common share - basic

9.26

7.90

8.18

6.93

7.46

6.96

5.47

4.60

5.08

3.67

2.21

Net income per common share - diluted

9.16

7.82

8.09

6.79

7.25

6.69

5.18

4.39

4.81

3.52

2.17

Weighted-average number of common shares - basic

11,886

11,733

12,102

12,597

-

-

-

-

-

-

14,059

Weighted-average number of common shares - diluted

11,908

11,734

12,180

12,796

13,520

13,484

13,504

13,435

13,741

14,228

14,356

Net income

110,041

92,663

99,049

87,349

98,414

90,743

70,392

59,467

66,059

50,142

31,118

Other comprehensive income:
Foreign currency translation adjustment

47

25

17

-99

-22

-

-

-

-

-

-

Defined benefit plans liability adjustment

519

-277

202

53

-204

716

-466

45

400

79

-

Impact of ASU 2018-02

-

-211

-

-

-

-

-

-

-

-

-

Total other comprehensive income (loss), net of tax:

-

-

-

-

-

-716

466

-

-

-

-

Total other comprehensive (loss) income, net of tax:

-472

91

-185

-152

182

90,027

-

-

-

-

-

Comprehensive income

109,569

92,754

98,864

87,197

98,596

-

70,858

59,422

65,659

50,063

-

Common Class A
Net income per common share - basic

9.26

7.90

8.18

6.93

-

-

-

-

-

-

-

Weighted-average number of common shares - basic

8,908

8,620

8,933

9,189

-

-

-

-

-

-

-

Common Class B
Net income per common share - basic

9.26

7.90

8.18

6.93

-

-

-

-

-

-

-

Net income per common share - diluted

9.16

7.82

8.09

-

-

-

-

-

-

-

-

Weighted-average number of common shares - basic

2,873

3,002

3,102

3,344

-

-

-

-

-

-

-