Starrett l s co (SCX)
Income statement / TTM
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

220,067

228,567

228,235

228,022

224,483

220,819

216,411

216,328

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net sales

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cost of goods sold

148,305

152,494

152,250

153,081

151,105

148,524

146,734

146,771

144,426

0

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net sales

-

-

-

-

-

-

-

-

-

-

-

-

-

207,076

207,560

-

216,479

222,266

232,416

241,550

249,634

251,799

249,819

247,134

244,776

246,359

244,347

243,797

246,635

251,311

253,701

260,148

261,392

255,615

250,686

244,841

0

0

0

Cost of goods sold

-

-

-

-

-

-

-

-

-

-

-

-

-

161,203

162,510

-

153,201

155,027

159,012

164,855

165,950

167,550

167,389

166,038

167,932

172,835

172,415

171,985

181,331

180,491

179,527

182,073

172,565

168,690

166,579

163,041

0

0

0

Gross margin

71,762

76,073

75,985

74,941

73,378

72,295

69,677

69,557

67,925

64,332

65,224

62,599

45,619

45,873

45,050

46,988

63,278

67,239

73,404

76,695

83,684

84,249

82,430

81,096

76,844

73,524

71,932

71,812

65,304

70,820

74,174

78,075

88,827

86,925

84,107

81,800

0

0

0

% 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

64,122

65,029

64,255

63,720

63,114

63,286

63,672

64,039

63,504

62,971

62,427

61,758

64,720

63,213

63,067

63,319

60,268

62,023

65,688

68,092

69,961

70,729

70,185

69,181

70,251

71,610

71,592

73,090

76,852

77,825

78,833

79,925

76,736

75,930

73,207

70,750

0

0

0

Restructuring charges

-

-

-

-

-

-

-

-

-

-

-

988

400

394

343

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating income

7,640

11,044

11,730

11,221

10,264

9,009

6,005

5,518

3,833

767

2,152

-147

-23,615

-21,848

-22,474

-20,445

3,010

5,216

7,716

8,603

13,723

13,520

12,245

11,915

6,593

1,914

340

-1,278

-11,548

-7,005

-4,659

-1,850

12,091

12,345

12,250

12,400

0

0

0

Other income (expense)

-1,570

-2,216

-1,786

-1,611

-2,495

-1,948

-838

-653

30

-485

-1,450

-1,404

-773

-97

4

70

33

136

967

1,339

1,453

815

708

142

1,509

2,285

2,039

2,074

1,590

514

281

1,961

1,654

2,160

2,480

839

0

0

0

Gain on sale of building

-

-

-

-

-

-

-

-

-

-

-

3,089

3,089

3,089

3,089

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

Income before income taxes

6,070

8,828

9,944

9,610

7,769

7,061

5,167

4,865

3,863

282

702

1,538

-21,299

-18,856

-19,381

-20,375

3,043

5,352

8,683

9,942

15,176

14,335

12,953

12,057

8,102

4,199

2,379

796

-9,958

-6,491

-4,378

111

13,745

14,505

14,730

13,239

0

0

0

Income tax expense (benefit)

1,938

3,221

3,671

3,531

2,346

2,089

8,642

8,498

8,366

7,208

44

547

-7,328

-6,268

-6,188

-6,245

2,729

3,198

4,540

4,698

6,337

6,251

5,534

5,345

3,224

2,488

1,974

958

-3,952

-3,540

-2,666

-777

6,646

6,657

6,903

6,394

0

0

0

Net income

4,132

5,607

6,273

6,079

5,423

4,972

-3,475

-3,633

-4,503

-6,926

658

991

-13,971

-12,588

-13,193

-14,130

314

2,154

4,143

5,244

8,839

8,084

7,419

6,712

4,878

1,711

405

-162

-6,006

-2,951

-1,712

888

7,099

7,848

7,827

6,845

0

0

0

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