Sprouts farmers market, inc. (SFM)
Income statement / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jul'18Apr'18Dec'17Sep'17Jun'17Mar'17Jan'17Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Sep'12Jun'12
Net sales

1,646,539

1,364,990

1,440,222

1,415,736

1,413,887

1,269,338

1,329,109

1,321,693

1,287,196

1,143,933

1,206,059

1,183,975

1,130,645

985,700

1,035,801

1,031,643

993,241

930,303

903,069

902,153

857,506

734,593

766,415

743,810

722,606

608,236

633,614

622,367

573,694

510,050

430,112

Cost of sales

1,052,707

896,028

963,497

950,954

929,538

848,369

885,693

883,212

842,587

602,584

859,650

841,989

793,359

526,080

744,288

725,841

686,728

661,564

641,612

638,514

599,713

523,345

540,367

519,762

498,747

434,021

443,509

435,340

399,774

363,641

299,381

Gross profit

593,832

468,962

476,725

464,782

484,349

420,969

443,416

438,481

444,609

541,349

346,409

341,986

337,286

459,620

291,513

305,802

306,513

268,739

261,457

263,639

257,793

211,248

226,048

224,048

223,859

174,215

190,105

187,027

173,920

146,409

130,731

Direct store expenses

-

-

-

-

-

-

-

-

-

-

250,191

236,087

229,058

-

216,932

207,205

193,815

187,483

177,990

177,381

163,190

151,602

148,633

143,155

138,231

129,119

129,418

122,985

114,661

104,450

88,996

Selling, general and administrative expenses

436,304

387,480

404,285

383,116

374,826

352,672

362,584

350,413

338,774

1,135,328

39,955

38,189

32,168

980,513

29,664

30,922

30,896

31,920

27,075

23,390

24,027

25,803

24,015

23,100

22,479

21,536

22,807

20,728

16,724

25,175

22,584

Depreciation and amortization (exclusive of depreciation included in cost of sales)

31,021

30,703

30,764

29,565

29,459

27,966

27,593

26,341

26,145

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Store closure costs and other credits

-1,082

-

-

-

508

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Store pre-opening costs

-

-

-

-

-

-

-

-

-

-

2,456

4,141

3,458

-

3,446

4,213

3,966

1,511

1,825

2,507

2,773

698

3,684

2,420

947

480

1,237

2,303

1,714

1,216

343

Store closure and other costs

-

-

2,119

769

-

11,579

461

26

10

134

803

98

91

-

24

-

-

91

167

315

1,229

-68

60

200

533

381

-38

933

775

2,273

1,156

Income from operations

127,589

46,915

39,557

51,332

79,556

28,752

52,778

61,701

79,680

37,084

53,004

63,471

72,511

30,187

41,447

63,462

77,836

47,734

54,400

60,046

66,574

32,813

49,656

55,573

61,669

22,699

36,681

40,078

40,046

13,295

17,652

Interest expense, net

-4,827

-5,195

-5,557

-5,438

-5,002

-7,416

-7,411

-6,544

-6,064

-36,624

5,609

5,100

4,738

3,809

3,723

3,661

3,601

3,733

3,685

4,437

5,868

5,919

6,157

6,520

6,467

6,857

8,790

11,391

10,165

9,951

8,365

Other income

-

-

-

-

-

0

-4

117

207

237

162

131

95

128

135

90

101

98

171

112

62

119

281

100

96

40

203

111

133

133

44

Loss on extinguishment of debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-5,481

-

-

-1,138

-

-

-

-9,507

-8,175

-

-992

-

Income before income taxes

122,762

41,720

34,000

45,894

74,554

21,332

45,367

55,274

73,823

31,591

47,557

58,502

67,868

26,506

37,859

59,891

74,336

44,099

50,886

50,240

60,768

27,013

42,642

49,153

55,298

14,843

18,587

20,623

30,014

2,485

9,331

Income tax provision

30,952

10,086

7,740

10,551

18,162

8,629

7,867

13,565

7,199

-8,108

16,071

17,534

21,581

9,501

13,974

22,682

28,129

15,883

18,900

18,918

23,301

9,270

16,577

19,002

21,565

5,563

7,126

8,155

11,897

1,178

4,025

Net income

91,810

31,634

26,260

35,343

56,392

12,703

37,500

41,709

66,624

39,699

31,486

40,968

46,287

17,005

23,885

37,209

46,207

28,216

31,986

31,322

37,467

17,743

26,065

30,151

33,733

9,280

11,461

12,468

18,117

1,307

5,306

Net income per share:
Basic

0.78

0.27

0.22

0.30

0.46

0.11

0.30

0.32

0.50

0.30

0.23

0.30

0.34

0.12

0.16

0.25

0.31

0.18

0.21

0.20

0.25

0.12

0.17

0.20

0.23

0.06

0.08

0.10

0.14

0.01

0.05

Diluted

0.78

0.27

0.22

0.30

0.46

0.11

0.29

0.32

0.50

0.30

0.23

0.29

0.33

0.12

0.16

0.25

0.30

0.18

0.21

0.20

0.24

0.11

0.17

0.20

0.22

0.05

0.08

0.10

0.14

0.01

0.05

Weighted average shares outstanding:
Basic

117,545

117,934

118,029

118,251

123,258

126,607

126,855

129,423

132,423

132,491

134,320

136,796

137,069

141,608

147,743

149,170

150,723

153,183

153,585

153,393

152,235

151,323

150,241

149,681

147,759

146,874

139,687

125,958

125,969

125,794

115,964

Diluted

117,748

118,432

118,174

118,436

123,926

127,713

127,627

130,012

133,752

135,126

136,770

139,493

140,147

143,946

150,024

151,498

153,144

156,125

155,952

155,949

155,482

155,673

154,306

154,039

153,294

155,450

144,710

129,716

129,184

127,820

117,525