Boston beer co inc (SAM)
Income statement / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jul'17Apr'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Sep'10Jun'10
Revenue

352,225

320,215

402,691

338,643

267,559

239,238

326,852

289,574

201,831

220,489

264,146

264,664

172,437

234,535

271,225

261,225

202,009

229,847

312,638

268,721

212,834

232,966

288,777

247,365

197,370

220,566

231,788

194,939

146,412

165,547

180,413

159,718

122,902

153,857

147,002

146,014

111,409

124,467

129,563

Less excise taxes

21,660

18,915

24,225

20,236

15,908

14,016

19,982

16,474

11,374

14,169

17,099

16,734

10,742

15,165

17,792

16,409

13,182

14,714

19,544

16,517

13,331

15,149

19,043

15,754

13,525

15,191

15,374

13,607

10,480

12,547

13,965

12,215

9,631

11,803

12,189

12,057

9,233

11,490

11,595

Net revenue

330,565

301,300

378,466

318,407

251,651

225,222

306,870

273,100

190,457

206,320

247,047

247,930

161,695

219,370

253,433

244,816

188,827

215,133

293,094

252,204

199,503

217,817

269,734

231,611

183,845

205,375

216,414

181,332

135,932

153,000

166,448

147,503

113,271

142,054

134,813

133,957

102,176

135,957

141,158

Cost of goods sold

182,592

158,511

190,631

159,405

127,111

108,273

149,643

131,130

94,360

98,283

115,546

113,911

85,351

111,714

119,826

117,940

97,296

106,366

136,084

115,979

99,888

109,417

126,738

108,515

93,326

100,747

101,035

84,200

68,149

73,224

73,206

67,120

51,462

61,965

58,782

57,884

49,802

54,676

57,291

Gross profit

147,973

142,789

187,835

159,002

124,540

116,949

157,227

141,970

96,097

108,037

131,501

134,019

76,344

107,656

133,607

126,876

91,531

108,767

157,010

136,225

99,615

108,400

142,996

123,096

90,519

104,628

115,379

97,132

67,783

79,776

93,242

80,383

61,809

80,089

76,031

76,073

52,374

69,791

72,272

Operating expenses:
Advertising, promotional and selling expenses

97,891

93,241

96,570

94,079

71,723

63,057

87,765

86,510

67,521

73,417

63,647

67,831

53,754

57,895

63,817

63,252

59,249

63,807

78,205

71,370

60,247

58,493

65,024

65,922

61,257

58,207

56,096

50,178

43,449

39,104

47,639

44,108

38,455

41,897

39,334

40,518

35,512

34,612

35,091

General and administrative expenses

27,029

31,179

31,429

26,748

23,374

24,906

22,734

23,879

19,338

18,811

16,358

19,395

18,562

15,708

19,481

21,799

21,045

18,583

17,707

18,036

17,230

17,671

15,748

16,681

15,871

17,034

15,744

14,906

14,648

13,535

12,293

12,830

11,513

11,796

10,284

11,132

10,273

9,815

10,547

Impairment of assets

1,521

-

-

243

-

-

-

517

-

-

-

1,505

-

-

-

37

-

-

218

-

-

-

1,577

-

-

-

1,300

-

-

-

-

-

-

-

-

-

-

-

-

Settlement proceeds

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-20,500

-

-

-

Total operating expenses

126,441

125,088

127,999

121,070

95,097

88,098

110,499

110,906

86,859

93,174

80,005

88,731

72,316

73,331

83,298

85,088

80,294

82,430

96,130

89,406

77,477

76,364

82,349

82,603

77,128

75,508

73,140

65,084

58,097

52,788

59,932

56,938

49,968

54,359

49,618

31,150

45,785

44,427

45,638

Operating income

21,532

17,701

59,836

37,932

29,443

28,851

46,728

31,064

9,238

14,863

51,496

45,288

4,028

34,325

50,309

41,788

11,237

26,337

60,880

46,819

22,138

32,036

60,647

40,493

13,391

29,120

42,239

32,048

9,686

26,988

33,310

23,445

11,841

25,730

26,413

44,923

6,589

26,634

26,634

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

63

175

-138

-27

637

471

343

273

205

168

211

86

84

103

22

20

23

49

-1

11

-3

-1

31

-5

-4

9

30

-6

-2

8

24

-2

1

19

32

2

1

33

6

Other (expense) income, net

-360

-370

-764

197

-252

-348

-51

-203

-285

-335

196

129

-72

-112

-169

-206

-219

-422

-527

54

-325

-688

-371

201

-136

-184

-57

-220

-122

-96

20

-19

-3

-253

15

21

8

-105

4

Total other (expense) income, net

-297

-195

-902

170

385

123

292

70

-80

-167

407

215

12

-9

-147

-186

-196

-374

-527

65

-328

-689

-340

196

-140

-175

-27

-226

-124

-88

44

-21

-2

-234

47

23

9

-72

10

Income before income tax provision

21,235

17,506

58,934

38,102

29,828

28,974

47,020

31,134

9,158

14,696

51,903

45,503

4,040

34,316

50,162

41,602

11,041

25,963

60,353

46,884

21,810

31,347

60,307

40,689

13,251

28,945

42,212

31,822

9,562

26,900

33,354

23,424

11,839

25,496

26,460

44,946

6,598

25,292

26,644

Income tax provision

3,001

3,744

14,205

10,246

6,134

7,163

9,013

7,599

-152

-15,834

18,220

16,378

-1,671

12,150

18,632

14,981

4,009

9,848

21,729

16,952

8,067

12,273

22,381

15,261

4,936

10,866

16,526

12,107

2,650

10,027

12,604

9,073

4,346

7,711

10,164

16,927

2,639

9,846

10,374

Net income

18,234

13,762

44,729

27,856

23,694

21,811

38,007

23,535

9,310

30,530

33,683

29,125

5,711

22,166

31,530

26,621

7,032

16,115

38,624

29,932

13,743

19,074

37,926

25,428

8,315

18,079

25,686

19,715

6,912

16,873

20,750

14,351

7,493

17,785

16,296

28,019

3,959

15,446

16,270

Net income per common share - basic

1.50

1.13

3.70

2.39

2.04

1.87

3.25

1.99

0.79

2.52

2.82

2.38

0.46

1.74

2.53

2.11

0.55

1.25

2.93

2.24

1.04

1.46

2.91

1.95

0.64

1.40

2.00

1.53

0.54

1.30

1.60

1.11

0.59

1.40

1.26

2.12

0.30

1.14

1.18

Net income per common share - diluted

1.49

1.13

3.65

2.36

2.02

1.85

3.21

1.98

0.78

2.51

2.78

2.35

0.45

1.72

2.48

2.06

0.53

1.22

2.85

2.18

1.00

1.40

2.79

1.88

0.62

1.33

1.89

1.45

0.51

1.24

1.53

1.06

0.56

1.33

1.19

2.01

0.28

1.09

1.13

Weighted-average number of common shares - basic

12,157

12,138

12,099

11,672

11,635

11,625

11,705

11,797

11,805

11,729

11,951

12,257

12,471

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

13,223

13,274

13,587

13,838

Weighted-average number of common shares - diluted

12,186

12,162

12,150

11,684

11,636

11,616

11,702

11,787

11,831

11,823

12,037

12,344

12,516

12,625

12,641

12,830

13,088

13,273

13,507

13,667

13,633

13,520

13,495

13,486

13,435

13,551

13,498

13,462

13,505

13,402

13,452

13,437

13,449

13,360

13,650

13,947

14,007

14,197

14,390

Net income

18,234

13,762

44,729

27,856

23,694

21,811

38,007

23,535

9,310

30,530

33,683

29,125

5,711

22,166

31,530

26,621

7,032

16,115

38,624

29,932

13,743

19,074

37,926

25,428

8,315

18,079

25,686

19,715

6,912

16,873

20,750

14,351

7,493

17,785

16,296

28,019

3,959

15,446

16,270

Other comprehensive income:
Foreign currency translation adjustment

-58

4

1

5

37

20

-13

7

11

-

-13

-10

-

-9

2

-88

-4

-9

-14

-5

6

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Comprehensive income

18,176

13,247

44,730

27,861

23,731

21,897

37,994

23,542

9,321

30,368

33,670

29,115

5,711

22,104

31,532

26,533

7,028

16,310

38,610

29,927

13,749

-

37,926

25,428

8,315

18,545

25,686

19,715

6,912

16,828

20,750

14,351

7,493

17,385

16,296

28,019

3,959

-

-

Common Class A
Net income per common share - basic

1.50

1.13

3.70

2.39

2.04

1.87

3.25

1.99

0.79

2.52

2.82

2.38

0.46

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Weighted-average number of common shares - basic

9,425

9,242

9,136

8,648

8,606

8,542

8,557

8,667

8,714

8,621

8,789

9,092

9,230

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Common Class B
Net income per common share - basic

1.50

1.13

3.70

2.39

2.04

1.87

3.25

1.99

0.79

2.52

2.82

2.38

0.46

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income per common share - diluted

1.49

-

-

-

2.02

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Weighted-average number of common shares - basic

2,645

2,794

2,862

2,918

2,918

2,954

3,018

3,018

3,018

3,044

3,097

3,097

3,170

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-