Starrett l s co (SCX)
Income statement / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10
Net sales

49,998

56,864

52,114

61,091

58,498

56,532

51,901

57,552

54,834

52,124

51,818

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net sales

-

-

-

-

-

-

-

-

-

-

-

-

50,670

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cost of goods sold

35,154

38,228

34,411

40,512

39,343

37,984

35,242

38,536

36,762

36,194

35,279

-

36,191

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net sales

-

-

-

-

-

-

-

-

-

-

-

-

-

53,187

48,913

-

50,329

53,671

51,038

61,441

56,116

63,821

60,172

69,525

58,281

61,841

57,487

67,167

59,864

59,829

56,937

70,005

64,540

62,219

63,384

71,249

58,763

57,290

57,539

Cost of goods sold

-

-

-

-

-

-

-

-

-

-

-

-

-

36,365

34,999

-

35,596

37,672

35,186

44,747

37,422

41,657

41,029

45,842

39,022

41,496

39,678

47,736

43,925

41,076

39,248

57,082

43,085

40,112

41,794

47,574

39,210

38,001

38,256

Gross margin

14,844

18,636

17,703

20,579

19,155

18,548

16,659

19,016

18,072

15,930

16,539

17,384

14,479

16,822

13,914

404

14,733

15,999

15,852

16,694

18,694

22,164

19,143

23,683

19,259

20,345

17,809

19,431

15,939

18,753

17,689

12,923

21,455

22,107

21,590

23,675

19,553

19,289

19,283

% of Net sales

29.70%

32.80%

34.00%

0.00%

32.70%

32.80%

32.10%

-

33.00%

30.60%

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Selling, general and administrative

14,780

15,874

16,258

17,210

15,687

15,100

15,723

16,604

15,859

15,486

16,090

16,069

15,326

14,942

15,421

19,031

13,819

14,796

15,673

15,980

15,574

18,461

18,077

17,849

16,342

17,917

17,073

18,919

17,701

17,899

18,571

22,681

18,674

18,907

19,663

19,492

17,868

16,184

17,206

Restructuring charges

-

-

-

-

-

-

-

-

-

-

-

588

6

51

343

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating income

64

2,762

1,445

3,369

3,468

3,448

936

2,412

2,213

444

449

727

-853

1,829

-1,850

-22,741

914

1,203

179

714

3,120

3,703

1,066

5,834

2,917

2,428

736

512

-1,762

854

-882

-9,758

2,781

3,200

1,927

4,183

3,035

3,105

2,077

Other income (expense)

223

-887

-169

-737

-423

-457

6

-1,621

124

653

191

-938

-391

-312

237

-307

285

-211

303

-344

388

620

675

-230

-250

513

109

1,137

526

267

144

653

-550

34

1,824

346

-44

354

183

Gain on sale of building

-

-

-

-

-

-

-

-

-

-

-

0

0

0

3,089

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,350

-

-

Income before income taxes

287

1,875

1,276

2,632

3,045

2,991

942

791

2,337

1,097

640

-211

-1,244

1,517

1,476

-23,048

1,199

992

482

370

3,508

4,323

1,741

5,604

2,667

2,941

845

1,649

-1,236

1,121

-738

-9,105

2,231

3,234

3,751

4,529

2,991

3,459

2,260

Income tax expense (benefit)

-326

615

498

1,151

957

1,065

358

-34

700

7,618

214

-166

-458

454

717

-8,041

602

534

660

933

1,071

1,876

818

2,572

985

1,159

629

451

249

645

-387

-4,459

661

1,519

1,502

2,964

672

1,765

993

Net income

613

1,260

778

1,481

2,088

1,926

584

825

1,637

-6,521

426

-45

-786

1,063

759

-15,007

597

458

-178

-563

2,437

2,447

923

3,032

1,682

1,782

216

1,198

-1,485

476

-351

-4,646

1,570

1,715

2,249

1,565

2,319

1,694

1,267

Basic income per share (in dollars per share)

0.09

0.18

0.11

-

0.30

0.27

0.08

-

0.23

-0.93

0.06

-

-0.11

0.15

0.11

-

0.09

-

-

-

0.35

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Diluted income per share (in dollars per share)

0.09

0.18

0.11

-

0.30

0.27

0.08

-

0.23

-0.93

0.06

-

-0.11

0.15

0.11

-

0.08

-

-

-

0.35

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Basic and diluted earnings (loss) per share (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.07

-0.03

-

-

0.35

0.13

0.44

0.24

0.26

0.03

0.18

-0.22

0.07

-0.05

-0.68

0.23

0.25

0.33

0.23

0.35

0.25

0.19

Weighted average outstanding shares used in per share calculations:
Basic (in shares)

6,962

6,955

6,904

6,893

6,892

7,018

7,025

7,019

7,018

7,008

7,011

7,056

7,058

7,050

7,028

7,019

7,013

7,022

7,014

-20,903

6,992

6,974

6,965

6,947

6,940

6,922

6,895

6,812

6,800

6,793

6,783

6,770

6,764

6,754

6,740

6,719

6,698

6,691

6,684

Diluted (in shares)

7,022

7,015

7,006

6,995

6,959

7,067

7,083

6,956

7,036

7,008

7,056

7,139

7,058

7,068

7,059

6,980

7,031

7,043

7,014

-21,027

7,045

7,012

6,999

6,927

6,996

6,966

6,931

6,769

6,800

6,836

6,783

6,854

6,799

6,768

6,755

6,731

6,724

6,714

6,699

Dividends (in dollars per share)

-

-

-

-

-

-

-

0.00

0.00

0.10

0.10

0.10

0.10

0.10

0.10

0.10

0.10

0.10

0.10

0.10

0.10

0.10

0.10

0.10

0.10

0.10

0.10

0.10

0.10

0.10

0.10

0.10

0.10

0.10

0.10

0.10

0.08

0.08

0.06