Standard diversified inc. (SDI)
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'11Sep'10Jun'10
Revenues:
Net sales

91,368

80,925

97,520

94,053

92,309

94,972

84,035

81,773

74,348

73,575

73,352

72,086

66,788

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Insurance premiums earned

-

-

6,055

7,158

-

7,109

7,088

7,134

7,317

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net investment income

-

-

210

222

-

172

309

176

194

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other income

-

-

279

331

-

601

163

187

207

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total revenues

-

-

104,064

101,764

-

102,854

91,595

89,270

82,066

73,575

73,352

72,086

66,788

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

3,635

3,980

-

4,085

6,057

6,558

7,473

6,796

Operating costs and expenses:
Net sales

-

-

-

-

-

-

-

-

-

-

-

-

-

-

50,959

51,581

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cost of sales

-

-

-

-

-

-

-

-

-

-

-

-

39,116

-

26,341

26,707

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cost of sales

49,928

68,564

54,636

52,803

51,784

56,188

47,742

45,950

42,456

-

40,386

40,076

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,882

1,697

-

1,793

2,517

2,912

3,015

2,764

Gross profit

-

-

-

-

-

-

-

-

-

-

-

-

-

-

24,618

24,874

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

1,753

2,283

-

2,292

3,540

3,646

4,458

4,032

Research and development

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

891

958

-

930

842

863

767

764

Selling, general and administrative expenses

34,777

31,497

31,024

22,438

30,733

29,242

24,492

22,275

23,470

22,566

19,606

18,870

16,823

29,639

12,727

14,098

162

50,975

268

291

251

296

261

345

340

484

427

480

454

-4,370

506

2,967

2,824

-

2,882

3,778

3,825

3,711

3,469

Incurred losses and loss adjustment expenses

-

-

4,790

9,152

-

8,214

5,790

5,405

5,812

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Impairment loss on goodwill and other intangible assets

-

-

0

0

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Impairment loss on goodwill and other intangible assets

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Acquisition and underwriting expenses

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other operating expenses

-

-

2,003

2,529

-

3,119

2,682

1,541

1,289

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total operating costs and expenses

84,705

117,290

92,453

86,922

82,517

96,763

80,706

75,171

73,027

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total operating costs and expenses

-

-

-

-

-

-

-

-

-

63,823

59,992

58,946

55,939

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total operating expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

162

-

268

291

251

296

261

345

340

484

427

480

454

-6,219

506

3,858

3,782

-

3,812

4,620

4,688

4,478

4,233

Operating income

6,663

-23,649

11,611

14,842

9,792

6,091

10,889

14,099

9,039

9,752

13,360

13,140

10,849

21,414

11,891

10,776

-162

45,321

-268

-291

-251

-296

-261

-345

-340

-484

-427

-480

-454

2,183

-506

-2,105

-1,499

-

-1,520

-1,080

-1,042

-20

-201

Interest expense, net

-5,863

-6,683

-4,680

-4,358

-4,473

-

-4,450

-4,110

-

-

-

-

-

-

-

-

1

-

-

-

-

-

-

2

-

0

-1

-3

-2

8

-2

-10

-7

-

-10

-8

-9

-

-

Interest expense

-

-

-

-

-

-

-

-

3,992

3,898

4,023

4,050

4,933

-

5,557

6,876

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

9

14

Interest and investment income

-

-

777

176

-

120

243

270

103

144

157

102

114

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Investment income

91

-

-

-

144

-

-

-

-

-

-

-

-

-

279

332

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss on extinguishment of debt

-

-

-2,117

-150

-

0

0

0

-2,384

0

0

0

-6,116

-

0

-2,824

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net periodic benefit income, excluding service cost

-87

-4,927

-12

-11

-11

-45

-45

264

-43

6

58

24

92

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income before income taxes

978

-23,753

5,603

10,521

5,474

1,571

6,727

9,995

2,809

5,992

9,436

9,168

-178

-

6,613

1,408

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss before taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-161

-

-268

-291

-251

-296

-261

-343

-340

-484

-428

-483

-456

2,191

-508

-2,115

-1,506

-

-1,530

-1,088

-1,051

-29

-215

Income tax expense

946

-5,365

2,236

2,979

1,774

2,132

1,436

1,908

809

3,430

3,110

2,795

-2,055

-12,434

-180

609

0

1,078

0

0

0

-

-

-

-

-

-

-

-

-

0

-

0

-

27

7

-5

-

-

Net income from continuing operations

32

-

-

-

3,700

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net (loss) income

-

-

3,367

7,542

-

-561

5,291

8,087

2,000

2,562

6,326

6,373

1,877

-

6,793

799

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income attributable to noncontrolling interests

1,637

-6,129

3,133

6,580

3,260

2,474

3,924

4,559

1,479

1,715

3,576

1,470

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net (loss) income from continuing operations attributable to Standard Diversified Inc.

-1,605

-

-

-

440

-

-

-

-

-

-

-

-

-

-

-

-

-

-268

-

-

-

-261

-343

-

-484

-428

-483

-456

2,191

-508

-2,115

-1,506

-

-1,557

-1,095

-1,046

-

-

Net loss from discontinued operations

-1,712

-

-

-

-3,983

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income from discontinued operations, net of taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

250

-

-55

3,039

-1,266

-1,138

5,834

-522

659

309

-

863

438

388

-

-

Net loss attributable to Standard Diversified Inc.

-3,317

-8,276

234

962

-3,543

-3,035

1,367

3,528

521

847

2,750

4,903

1,877

19,482

6,793

799

-161

9,959

-268

-291

-251

-296

-261

-93

-340

-539

2,611

-1,749

-1,594

8,025

-1,030

-1,456

-1,197

1,711

-694

-657

-658

-29

-215

Basic and diluted loss per share from continuing operations (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.01

-

-

-

-0.01

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net (loss) income from continuing operations attributable to SDI per Class A and Class B Common Share - Basic (in dollars per share)

-0.10

-

-

-

0.03

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.02

-

-

-0.02

-0.02

-0.02

0.10

-0.02

-0.10

-0.07

-

-0.08

-0.05

-0.05

-

-

Basic and diluted income per share from discontinued operations (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.00

0.01

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

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

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.01

-

-0.01

-0.01

-0.01

-0.02

-0.01

0.00

-0.02

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Shares used in computing basic and diluted net loss per share (in shares)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

21,035

-

21,027

21,027

21,027

-

21,027

21,027

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net (loss) income from continuing operations attributable to SDI per Class A and Class B Common Share - Diluted (in dollars per share)

-0.10

-

-

-

0.02

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.02

-0.02

-0.02

0.10

-0.02

-0.10

-0.07

-

-0.08

-0.05

-0.05

-

-

Net loss from discontinued operations per Class A and Class B Common Share - Basic (in dollars per share)

-0.10

-

-

-

-0.24

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.14

-0.06

-0.06

0.30

-0.03

0.03

0.01

-

0.04

0.02

0.02

-

-

Net loss from discontinued operations per Class A and Class B Common Share - Diluted (in dollars per share)

-0.10

-

-

-

-0.24

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.14

-0.06

-0.06

0.30

-0.03

0.03

0.01

-

0.04

0.02

0.02

-

-

Net loss attributable to SDI per Class A and Class B Common Share - Basic (in dollars per share)

-0.20

-0.49

0.01

0.06

-0.21

-0.18

0.08

0.21

0.03

0.05

0.17

0.20

0.07

-

0.25

0.04

-

-

-

-

-

-

-

-

-

-

0.12

-0.08

-0.08

0.39

-0.05

-0.07

-0.06

-

-0.03

-0.03

-0.03

0.00

-0.01

Net loss attributable to SDI per Class A and Class B Common Share - Diluted (in dollars per share)

-0.20

-0.49

0.01

0.05

-0.21

-0.18

0.08

0.20

0.03

0.05

0.16

0.20

0.07

-

0.24

0.03

-

-

-

-

-

-

-

-

-

-

0.12

-0.08

-0.08

0.39

-0.05

-0.07

-0.06

-

-0.03

-0.03

-0.03

0.00

-0.01

Weighted Average Class A and Class B Common Shares Outstanding - Basic (in shares)

16,629

16,678

16,830

16,819

16,863

16,943

16,677

16,609

16,559

16,257

16,399

24,314

27,923

-

26,969

22,766

-

-

-

-

-

-

-

-

21,027

-

21,061

20,664

20,619

20,604

20,536

20,506

20,488

-

20,467

20,418

20,384

20,289

20,229

Weighted Average Class A and Class B Common Shares Outstanding - Diluted (in shares)

16,629

16,544

16,877

16,862

16,907

17,034

16,741

16,610

16,603

15,824

16,410

24,329

28,593

-

28,188

23,961

-

-

-

-

-

-

-

-

-

-

21,061

20,664

20,619

20,604

20,536

20,506

20,488

-

20,467

20,418

20,384

20,289

20,229