Standard Motor Products, Inc. SMP Income Statement

Standard motor products, inc. (SMP)

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	Jun'17	Mar'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
Net sales
1,108,449	1,137,913	1,143,631	1,132,527	1,113,991	1,092,051	1,085,059	1,069,498	1,095,591	1,116,143	1,105,964	1,125,701	1,101,949	1,058,482	1,033,650	1,002,892	983,297	971,975	985,062	972,071	975,229	980,392	981,046	988,162	985,748	983,704	957,351	969,164	967,913	948,916	930,731	890,976	866,106	874,625	927,995	922,823	0	0	0
Cost of sales
784,217	806,113	813,072	806,750	795,830	779,264	774,530	763,740	780,456	789,487	781,882	788,510	768,348	735,995	715,148	698,481	693,202	690,987	699,766	691,101	689,620	690,762	691,761	696,023	693,212	693,250	675,679	689,765	696,966	689,247	680,695	654,260	635,561	645,478	687,168	688,095	0	0	0
Gross profit
324,232	331,800	330,559	325,777	318,161	312,787	310,529	305,758	315,135	326,656	324,082	337,191	333,601	322,487	318,502	304,411	290,095	280,988	285,296	280,970	285,609	289,630	289,285	292,139	292,536	290,454	281,672	279,399	270,947	259,669	250,036	236,716	230,545	229,147	240,827	234,728	0	0	0
Selling, general and administrative expenses
230,588	234,715	236,215	236,405	233,619	231,336	227,115	221,941	224,537	224,237	224,629	230,943	225,355	220,936	222,479	213,109	210,087	206,287	201,114	198,018	195,129	193,525	195,695	197,499	199,240	201,256	195,986	196,308	192,329	187,495	183,831	174,574	167,981	163,845	164,327	164,450	0	0	0
Litigation charge
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-
Restructuring and integration expenses
2,790	2,585	2,906	2,087	1,674	4,510	5,332	6,458	7,462	6,173	5,744	5,727	5,263	3,957	2,042	847	50	-134	79	502	1,083	1,197	1,895	3,465	3,110	3,357	3,189	1,918	1,731	1,437	1,380	1,013	1,125	1,344	2,131	3,145	0	0	0
Other income (expense), net
7	-5	3,984	4,011	4,050	4,327	657	958	1,230	1,275	1,260	1,266	1,249	1,195	1,132	1,041	1,006	1,025	1,053	1,090	1,101	1,080	1,057	1,113	1,052	1,022	1,006	1,115	871	694	606	431	725	941	2,225	2,103	0	0	0
Operating income
90,861	94,495	95,422	91,296	86,918	81,268	78,739	78,317	84,366	97,521	94,969	101,787	104,232	98,789	95,113	91,496	80,964	75,860	85,156	83,540	79,848	85,338	82,102	81,638	91,238	86,863	83,503	82,288	77,758	71,431	65,431	61,560	62,164	64,899	76,594	69,236	0	0	0
Other non-operating income (expense), net
1,417	2,587	1,071	1,197	266	-411	-322	-191	339	1,250	2,903	2,629	1,884	1,337	422	-321	-38	-220	-744	-1,164	-1,405	-1,969	-1,033	155	-216	1	-657	-890	-850	-696	2,631	2,861	3,061	3,370	973	905	0	0	0
Interest expense
5,070	5,286	5,208	4,954	4,483	4,026	3,681	3,022	2,493	2,329	2,135	2,041	1,713	1,556	1,505	1,336	1,422	1,537	1,649	1,757	1,734	1,616	1,486	1,449	1,638	1,902	2,152	2,451	2,647	2,788	2,919	2,974	3,177	3,821	5,003	6,248	0	0	0
Earnings from continuing operations before taxes
87,208	91,796	91,285	87,539	82,701	76,831	74,736	75,104	82,212	96,442	95,737	102,375	104,403	98,570	94,030	89,839	79,504	74,103	82,763	80,619	76,709	81,753	79,583	80,344	89,384	84,962	80,694	78,947	74,261	67,947	65,143	61,447	62,048	64,448	72,564	63,893	0	0	0
Provision for income taxes
21,640	22,745	22,815	22,450	21,340	19,977	38,145	40,678	46,352	52,812	35,162	37,853	38,280	36,158	34,678	32,348	28,067	25,983	28,905	28,149	26,878	28,854	28,810	29,691	33,500	31,919	30,732	29,227	27,220	24,978	-1,039	-1,391	-762	121	26,663	24,031	0	0	0
Earnings from continuing operations
65,568	69,051	68,470	65,089	61,361	56,854	36,591	34,426	35,860	43,630	60,575	64,522	66,123	62,412	59,352	57,491	51,437	48,120	53,858	52,470	49,831	52,899	50,773	50,653	55,884	53,043	49,962	49,720	47,041	42,969	66,182	62,838	62,810	64,327	45,901	39,862	0	0	0
Loss from discontinued operations, net of income taxes
-11,240	-11,134	-18,751	-14,372	-14,131	-13,851	-5,555	-6,014	-5,629	-5,654	-5,600	-2,042	-2,163	-1,982	-2,048	-2,351	-2,163	-2,102	-1,968	-9,480	-9,579	-9,870	-9,906	-2,055	-1,883	-1,593	-1,533	-1,748	-1,708	-1,616	-1,433	-1,884	-1,922	-1,926	-3,155	-2,472	0	0	0
Net earnings
54,328	57,917	49,719	50,717	47,230	43,003	31,036	28,412	30,231	37,976	54,975	62,480	63,960	60,430	57,304	55,140	49,274	46,018	51,890	42,990	40,252	43,029	40,867	48,598	54,001	51,450	48,429	47,972	45,333	41,353	64,749	60,954	60,888	62,401	42,746	37,390	0	0	0
Net earnings per common share - Basic:
Earnings from continuing operations (in dollars per share)
0.43	0.58	1.01	0.92	0.58	0.54	0.86	0.75	0.38	-0.35	0.75	0.80	0.72	0.39	0.93	0.87	0.56	0.26	0.84	0.60	0.41	0.50	0.78	0.49	0.54	0.41	0.77	0.71	0.42	0.27	0.77	0.60	0.24	1.29	0.62	0.60	0.31	0.49	0.36
Discontinued operations (in dollars per share)
-0.05	-0.06	-0.35	-0.05	-0.04	-0.40	-0.16	-0.04	-0.02	-0.03	-0.17	-0.02	-0.03	-0.03	-0.02	-0.02	-0.02	-0.02	-0.03	-0.02	-0.02	-0.02	-0.36	-0.02	-0.03	-0.02	-0.02	-0.01	-0.02	-0.02	-0.03	-0.01	-0.01	0.00	-0.05	-0.02	-0.01	-0.06	-0.02
Net earnings per common share - Basic (in dollars per share)
0.38	0.52	0.66	0.87	0.54	0.14	0.70	0.71	0.36	-0.38	0.58	0.78	0.69	0.36	0.91	0.85	0.54	0.24	0.81	0.58	0.39	0.48	0.42	0.47	0.51	0.39	0.75	0.70	0.40	0.25	0.74	0.59	0.23	1.29	0.57	0.58	0.30	0.43	0.34
Net earnings per common share - Diluted:
Earnings from continuing operations (in dollars per share)
0.42	0.56	1.00	0.90	0.57	0.54	0.84	0.73	0.37	-0.34	0.74	0.78	0.70	0.38	0.91	0.86	0.55	0.26	0.83	0.59	0.40	0.50	0.77	0.48	0.53	0.40	0.76	0.71	0.41	0.27	0.76	0.59	0.24	1.27	0.61	0.59	0.31	0.48	0.35
Discontinued operations (in dollars per share)
-0.04	-0.05	-0.35	-0.05	-0.04	-0.39	-0.15	-0.04	-0.02	-0.02	-0.17	-0.02	-0.03	-0.02	-0.02	-0.02	-0.02	-0.04	-0.03	-0.01	-0.01	-0.02	-0.36	-0.02	-0.03	-0.02	-0.02	-0.02	-0.01	-0.02	-0.02	-0.01	-0.02	-0.01	-0.04	-0.01	-0.02	-0.06	-0.01
Net earnings per common share - Diluted (in dollars per share)
0.38	0.51	0.65	0.85	0.53	0.15	0.69	0.69	0.35	-0.36	0.57	0.76	0.67	0.36	0.89	0.84	0.53	0.22	0.80	0.58	0.39	0.48	0.41	0.46	0.50	0.38	0.74	0.69	0.40	0.25	0.74	0.58	0.22	1.26	0.57	0.58	0.29	0.42	0.34
Dividends declared per share (in dollars per share)
0.25	0.23	0.23	0.23	0.23	0.21	0.21	0.21	0.21	0.19	0.19	0.19	0.19	0.17	0.17	0.17	0.17	0.15	0.15	0.15	0.15	0.13	0.13	0.13	0.13	0.11	0.11	0.11	0.11	0.09	0.09	0.09	0.09	0.07	0.07	0.07	0.07	0.05	0.05
Average number of common shares (in shares)
22,438	22,432	22,330	22,328	22,422	22,429	22,425	22,471	22,498	22,577	22,660	22,820	22,846	22,826	22,716	22,705	22,642	22,647	22,770	22,917	22,910	22,891	22,884	22,874	22,947	23,064	22,999	22,981	22,853	22,816	22,691	22,872	22,867	22,741	22,863	22,867	22,706	22,597	22,570
Average number of common shares and dilutive common shares (in shares)
22,869	22,817	22,754	22,796	22,905	22,863	22,939	22,958	22,967	22,974	23,174	23,329	23,313	23,268	23,097	23,018	22,944	22,936	23,133	23,261	23,238	23,369	23,169	23,196	23,224	23,484	23,239	23,261	23,095	23,115	22,877	23,104	23,103	23,817	23,042	23,196	22,856	23,472	23,529