BOSTON BEER CO INC SAM Income Statement

Boston beer co inc (SAM)

Income statement / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jul'17	Apr'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Sep'10	Jun'10
Revenue
1,413,774	1,329,108	1,248,131	1,172,292	1,123,223	1,057,495	1,038,746	976,040	951,130	921,736	935,782	942,861	939,422	968,994	964,306	1,005,719	1,013,215	1,024,040	1,027,159	1,003,298	981,942	966,478	954,078	897,089	844,663	793,705	738,686	687,311	652,090	628,580	616,890	583,479	569,775	558,282	528,892	511,453	0	0	0
Less excise taxes
85,036	79,284	74,385	70,142	66,380	61,846	61,999	59,116	59,376	58,744	59,740	60,433	60,108	62,548	62,097	63,849	63,957	64,106	64,541	64,040	63,277	63,471	63,513	59,844	57,697	54,652	52,008	50,599	49,207	48,358	47,614	45,838	45,680	45,282	44,969	44,375	0	0	0
Net revenue
1,328,738	1,249,824	1,173,746	1,102,150	1,056,843	995,649	976,747	916,924	891,754	862,992	876,042	882,428	879,314	906,446	902,209	941,870	949,258	959,934	962,618	939,258	918,665	903,007	890,565	837,245	786,966	739,053	686,678	636,712	602,883	580,222	569,276	537,641	524,095	513,000	506,903	513,248	0	0	0
Cost of goods sold
691,139	635,658	585,420	544,432	516,157	483,406	473,416	439,319	422,100	413,091	426,522	430,802	434,831	446,776	441,428	457,686	455,725	458,317	461,368	452,022	444,558	437,996	429,326	403,623	379,308	354,131	326,608	298,779	281,699	265,012	253,753	239,329	230,093	228,433	221,144	219,653	0	0	0
Gross profit
637,599	614,166	588,326	557,718	540,686	512,243	503,331	477,605	469,654	449,901	449,520	451,626	444,483	459,670	460,781	484,184	493,533	501,617	501,250	487,236	474,107	465,011	461,239	433,622	407,658	384,922	360,070	337,933	321,184	315,210	315,523	298,312	294,002	284,567	274,269	270,510	0	0	0
Operating expenses:
Advertising, promotional and selling expenses
381,781	355,613	325,429	316,624	309,055	304,853	315,213	291,095	272,416	258,649	243,127	243,297	238,718	244,213	250,125	264,513	272,631	273,629	268,315	255,134	249,686	250,696	250,410	241,482	225,738	207,930	188,827	180,370	174,300	169,306	172,099	163,794	160,204	157,261	149,976	145,733	0	0	0
General and administrative expenses
116,385	112,730	106,457	97,762	94,893	90,857	84,762	78,386	73,902	73,126	70,023	73,146	75,550	78,033	80,908	79,134	75,371	71,556	70,644	68,685	67,330	65,971	65,334	65,330	63,555	62,332	58,833	55,382	53,306	50,171	48,432	46,423	44,725	43,485	41,504	41,767	0	0	0
Impairment of assets
0	-	-	0	-	-	-	0	-	-	-	0	-	-	-	0	-	-	0	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Settlement proceeds
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-
Total operating expenses
500,598	469,254	432,264	414,764	404,600	396,362	401,438	370,944	348,769	334,226	314,383	317,676	314,033	322,011	331,110	343,942	348,260	345,443	339,377	325,596	318,793	318,444	317,588	308,379	290,860	271,829	249,109	235,901	227,755	219,626	221,197	210,883	185,095	180,912	170,980	167,000	0	0	0
Operating income
137,001	144,912	156,062	142,954	136,086	115,881	101,893	106,661	120,885	115,675	135,137	133,950	130,450	137,659	129,671	140,242	145,273	156,174	161,873	161,640	155,314	146,567	143,651	125,243	116,798	113,093	110,961	102,032	93,429	95,584	94,326	87,429	108,907	103,655	104,559	104,780	0	0	0
Other (expense) income, net:
Interest income, net
73	647	943	1,424	1,724	1,292	989	857	670	549	484	295	229	168	114	91	82	56	6	38	22	21	31	30	29	31	30	24	28	31	42	50	54	54	68	42	0	0	0
Other (expense) income, net
-1,297	-1,189	-1,167	-454	-854	-887	-874	-627	-295	-82	141	-224	-559	-706	-1,016	-1,374	-1,114	-1,220	-1,486	-1,330	-1,183	-994	-490	-176	-597	-583	-495	-418	-217	-98	-255	-260	-220	-209	-61	-72	0	0	0
Total other (expense) income, net
-1,224	-542	-224	970	870	405	115	230	375	467	625	71	-330	-538	-903	-1,283	-1,032	-1,164	-1,479	-1,292	-1,161	-973	-459	-146	-568	-552	-465	-394	-189	-67	-213	-210	-166	-155	7	-30	0	0	0
Income before income tax provision
135,777	144,370	155,838	143,924	136,956	116,286	102,008	106,891	121,260	116,142	135,762	134,021	130,120	137,121	128,768	138,959	144,241	155,010	160,394	160,348	154,153	145,594	143,192	125,097	116,230	112,541	110,496	101,638	93,240	95,517	94,113	87,219	108,741	103,500	103,296	103,480	0	0	0
Income tax provision
31,196	34,329	37,748	32,556	29,909	23,623	626	9,833	18,612	17,093	45,077	45,489	44,092	49,772	47,470	50,567	52,538	56,596	59,021	59,673	57,982	54,851	53,444	47,589	44,435	42,149	41,310	37,388	34,354	36,050	33,734	31,294	39,148	37,441	39,576	39,786	0	0	0
Net income
104,581	110,041	118,090	111,368	107,047	92,663	101,382	97,058	102,648	99,049	90,685	88,532	86,028	87,349	81,298	88,392	91,703	98,414	101,373	100,675	96,171	90,743	89,748	77,508	71,795	70,392	69,186	64,250	58,886	59,467	60,379	55,925	69,593	66,059	63,720	63,694	0	0	0
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
104,581	110,041	118,090	111,368	107,047	92,663	101,382	97,058	102,648	99,049	90,685	88,532	86,028	87,349	81,298	88,392	91,703	98,414	101,373	100,675	96,171	90,743	89,748	77,508	71,795	70,392	69,186	64,250	58,886	59,467	60,379	55,925	69,593	66,059	63,720	63,694	0	0	0
Other comprehensive income:
Foreign currency translation adjustment
-48	47	63	49	51	25	-8	-5	0	-	0	0	-	-99	-99	-115	-32	-22	0	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Comprehensive income
104,014	109,569	118,219	111,483	107,164	92,754	101,225	96,901	102,474	98,864	90,600	88,462	85,880	87,197	81,403	88,481	91,875	98,596	0	0	0	-	90,214	77,974	72,261	70,858	69,141	64,205	58,841	59,422	59,979	55,525	69,193	65,659	0	0	0	-	-
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	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-