SMART SAND, INC. SND Income Statement

Smart sand, inc. (SND)

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	Sep'15
Revenues
228,786	233,073	237,654	235,110	221,617	212,470	203,259	179,442	154,781	137,212	123,626	95,224	73,931	59,231	38,805	0	0	0
Cost of goods sold
152,505	152,021	162,823	158,946	0	-	0	0	-	-	-	-	-	-	-	-	-	-
Cost of goods sold
-	-	-	-	-	-	-	-	116,055	-	76,135	55,769	40,894	26,569	22,665	0	0	0
Gross profit
76,281	81,052	81,209	76,625	71,522	67,567	59,635	50,116	38,726	36,908	47,491	39,455	33,037	32,662	16,140	0	0	0
Operating expenses:
Salaries, benefits and payroll taxes
11,752	11,560	10,914	11,188	11,180	11,043	11,112	9,718	9,095	8,219	9,476	8,954	7,898	7,385	4,775	0	0	0
Depreciation and amortization
2,188	2,411	2,632	2,510	2,331	1,843	1,314	961	605	525	477	431	363	384	390	0	0	0
Selling, general and administrative
12,058	11,328	10,900	11,719	12,524	12,825	13,075	11,838	10,526	9,459	8,124	6,893	5,661	4,502	4,014	0	0	0
Change in the estimated fair value of contingent consideration
-3,325	-3,272	-2,515	-3,400	-2,825	-1,858	-2,100	0	0	-	0	-	-	-	-	-	-	-
Impairment of intangible asset
-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-
Total operating expenses
38,215	37,569	47,394	39,852	41,045	41,688	23,401	22,517	20,226	18,203	18,077	16,278	13,922	12,271	9,179	0	0	0
Operating income
38,066	43,483	33,815	36,773	30,477	25,879	36,234	27,599	18,500	18,705	29,414	23,177	19,115	20,391	6,961	0	0	0
Other income (expenses):
Preferred stock interest expense
-	-	-	-	-	-	-	-	-	-	-	-	-	5,565	6,192	0	0	0
Interest expense, net
-3,112	-3,621	-3,771	-3,561	-3,067	-2,266	-1,548	-904	-519	-450	-1,185	-1,947	0	-	0	0	-	-
Other interest expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Other income
113	131	137	212	200	197	415	401	459	462	8,834	8,791	8,817	8,860	240	0	0	0
Total other income (expenses), net
-3,560	-4,051	-3,634	-3,349	-2,867	-2,069	-1,133	-503	-60	12	7,519	4,932	2,574	433	-9,043	0	0	0
Income before income tax expense
34,506	39,432	30,181	33,424	27,610	23,810	35,101	27,096	18,440	18,717	35,882	27,058	20,638	19,773	-2,082	0	0	0
Income tax expense
7,000	7,809	5,379	7,423	5,864	5,122	1,094	-1,833	-3,092	-2,809	12,801	11,120	9,672	9,394	-1,816	0	0	0
Net (loss) income
27,506	31,623	24,802	26,001	21,746	18,688	34,007	28,929	21,532	21,526	23,081	15,938	10,966	10,379	-266	0	0	0
Net (loss) income per common share:
Basic (in dollars per share)
0.00	0.06	0.27	0.36	0.10	-0.11	0.30	0.25	0.02	0.28	0.17	0.07	0.02	0.52	0.00	-0.11	0.02	0.08
Diluted (in dollars per share)
0.00	0.05	0.27	0.36	0.10	-0.11	0.30	0.25	0.02	0.28	0.17	0.06	0.02	0.52	0.00	-0.11	0.01	0.07
Weighted-average number of common shares:
Basic (in shares)
40,091	40,236	40,233	40,074	39,997	40,256	40,541	40,499	40,412	40,404	40,384	40,347	39,697	30,819	22,189	22,145	22,135	22,112
Diluted (in shares)
40,091	40,938	40,240	40,173	39,997	40,254	40,551	40,550	40,441	40,473	40,416	40,453	39,874	27,572	22,189	22,145	26,410	26,387