Sparton Corp. SPA Income Statement

Sparton corp. (SPA)

Income statement / Quarterly

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	Dec'10	Sep'10
Revenue from Contract with Customer, Excluding Assessed Tax
105,248	89,462	-	-	97,819	82,763	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cost of goods sold
82,176	71,823	-	-	76,070	66,839	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net sales
-	-	-	93,938	-	-	104,386	95,410	97,399	100,367	106,967	102,175	103,529	106,691	126,393	93,065	85,642	77,025	93,500	83,983	84,717	74,301	81,800	65,148	67,254	50,801	64,204	55,048	55,370	51,833	60,902	50,352	46,331	45,767
Cost of goods sold
-	-	-	74,211	-	-	82,585	78,495	81,501	83,082	85,545	83,108	85,008	85,553	98,303	74,400	70,436	64,172	72,457	67,505	69,585	62,004	66,209	55,023	55,159	42,801	51,413	45,887	46,634	43,489	50,509	42,150	38,784	38,741
Gross Profit
23,072	17,639	21,998	19,727	21,749	15,924	21,801	16,915	15,898	17,285	21,422	19,067	18,521	21,138	28,090	18,665	15,206	12,853	21,043	16,478	15,132	12,297	15,591	10,125	12,095	8,000	12,791	9,161	8,736	8,344	10,393	8,202	7,547	7,026
Operating expense
Selling, General and Administrative Expense
14,734	12,370	15,605	13,253	14,074	15,205	14,912	12,862	12,953	13,383	13,460	13,727	14,340	13,624	13,720	11,873	10,792	10,584	10,543	8,807	8,687	7,645	6,801	6,803	7,375	5,472	5,777	5,509	5,535	5,411	5,176	5,143	5,689	4,834
Internal research and development expenses
1,442	1,349	1,197	307	669	572	362	424	533	351	832	561	438	513	787	418	197	100	165	213	402	389	411	341	243	305	330	347	218	398	546	282	155	127
Amortization of Intangible Assets
1,641	1,670	1,719	1,802	1,893	1,923	1,989	2,099	2,191	2,219	2,269	2,361	2,459	2,503	2,274	1,492	1,485	1,340	1,099	1,089	636	598	591	609	273	102	105	109	110	111	198	127	110	110
Restructuring charges
-	-	-	-	-	-	-	-	-	-	-	-258	2,360	-	-	0	0	-	0	0	0	188	55	0	0	0	-	-	-59	-	-2	0	0	77
Reversal of accrued contingent consideration
-	-	-	-	-	-	-	-	-	-	-	0	-1,530	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on acquisition
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	2,550
Gain on sale of property, plant and equipment, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	121	0	18
Other operating (income) expense, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-3	-3	22	4	-10	-9	26	13	35	2	92	12	192
Other operating income, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	6	5	-	-	-	-	-	-	-	-	-	-	-	-	-
Total operating expense
17,817	15,389	20,169	15,362	16,636	17,700	17,263	15,385	15,677	15,953	80,839	16,391	18,067	16,640	19,281	13,783	12,474	12,024	16,059	10,103	9,720	8,817	7,855	7,775	7,895	5,869	6,194	5,991	5,817	5,955	22,736	5,523	5,966	2,772
Operating Income (Loss)
5,255	2,250	1,829	4,365	5,113	-1,776	4,538	1,530	221	1,332	-59,417	2,676	454	4,498	8,809	4,882	2,732	829	4,984	6,375	5,412	3,480	7,736	2,350	4,200	2,131	6,597	3,170	2,919	2,389	-12,343	2,679	1,581	4,254
Other expense
Interest expense, net
1,790	1,949	2,121	1,460	1,507	1,266	1,110	1,075	1,067	1,185	1,064	956	900	883	895	458	357	746	291	187	202	158	128	136	173	81	174	175	175	172	177	178	181	170
Interest income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2	-	0	0	2	3	48	23	28	21	25	24	24	33	32	28	58
Gain on sale of investment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	127	-	-	-	-	-
Other, net
-57	-14	-22	0	13	-10	31	20	-11	20	-37	28	34	68	32	27	-46	146	38	72	10	69	-104	106	59	110	170	113	116	117	141	105	121	74
Total other expense, net
-1,847	-1,963	-2,143	-1,460	-1,494	-1,276	-1,079	-1,055	-1,078	-1,165	-1,101	-928	-866	-815	-865	-431	-403	-598	-255	-115	-192	-87	-229	18	-91	57	17	-37	92	-31	-3	-41	-32	-38
Income before income taxes
3,408	287	-314	2,905	3,619	-3,052	3,459	475	-857	167	-60,518	1,748	-412	3,683	-	4,451	2,329	231	-	6,260	5,220	3,393	-	2,368	4,109	2,188	-	3,133	3,011	2,358	-	2,638	1,549	4,216
Income taxes
1,491	75	-36	813	11,703	-1,068	1,772	46	50	59	-18,437	612	-680	1,289	2,846	318	767	35	1,758	2,014	1,736	1,107	1,871	832	-732	731	2,223	1,128	1,069	849	-11,619	115	114	-14
Net Income (Loss) Attributable to Parent
1,917	212	-278	2,092	-8,084	-1,984	1,687	429	-907	108	-42,081	1,136	268	2,394	5,098	4,133	1,562	196	2,971	4,246	3,484	2,286	5,636	1,536	4,841	1,457	4,391	2,005	1,942	1,509	-727	2,523	1,435	4,230
Earnings Per Share, Basic and Diluted [Abstract]
Earnings Per Share, Basic
0.19	0.02	-0.03	0.21	-0.82	-0.20	0.17	0.04	-0.09	0.01	-4.30	0.12	0.03	0.24	0.50	0.42	0.16	0.02	0.29	0.42	0.34	0.23	0.56	0.15	0.47	0.14	0.43	0.20	0.19	0.15	-0.07	0.25	0.14	0.41
Earnings Per Share, Diluted
0.19	0.02	-0.03	0.21	-0.82	-0.20	0.17	0.04	-0.09	0.01	-4.30	0.12	0.03	0.24	0.50	0.42	0.16	0.02	0.29	0.42	0.34	0.23	0.56	0.15	0.47	0.14	0.42	0.20	0.19	0.15	-0.07	0.25	0.14	0.41
Weighted average shares of common stock outstanding:
Weighted Average Number of Shares Outstanding, Basic
9,834	9,834	9,812	9,834	9,834	9,856	9,834	9,818	9,802	9,792	9,791	9,789	9,783	9,780	9,877	9,764	9,894	9,960	10,127	10,124	10,115	10,072	10,178	10,225	10,229	10,141	-10,248,102	10,055	10,287	10,268,456	10,236	10,223	10,209	10,200
Weighted Average Number of Shares Outstanding, Diluted
9,834	9,834	9,812	9,834	9,834	9,856	9,834	9,818	9,802	9,792	9,791	9,789	9,783	9,780	9,878	9,769	9,910	9,985	10,163	10,150	10,147	10,104	10,252	10,250	10,248	10,163	-10,293,066	10,095	10,325	10,313,481	10,294	10,269	10,249	10,207