SPARTAN MOTORS INC SPAR Income Statement

Spartan motors inc (SPAR)

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
Sales
761,284	756,542	696,418	633,650	569,695	570,527	461,421	424,453	410,211	404,248	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cost of products sold
628,670	639,509	819,279	730,122	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cost of products sold
-	-	-	-	-	-	-	-	618,004	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Sales
-	-	-	-	-	-	-	-	-	-	-	-	-	-	585,573	573,481	555,768	550,414	528,539	536,206	507,177	506,764	514,447	496,282	501,361	469,538	467,573	454,356	447,901	470,577	457,298	464,744	449,689	426,010	435,372	430,723	0	0	0
Cost of products sold
-	-	-	-	-	-	-	-	-	-	-	-	-	-	527,640	520,824	506,357	502,783	471,549	473,930	449,820	450,702	463,835	447,642	449,737	424,312	415,564	403,967	393,791	405,455	391,538	393,049	382,944	363,662	367,797	366,124	0	0	0
Restructuring charges
-	-	86	0	-	-	0	-	-	120	209	292	286	136	139	65	184	519	463	454	0	-	0	0	-	-	-	-	-	-	0	0	0	-	-	0	-	-	-
Restructuring charge
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Gross profit
132,608	117,027	88,191	72,208	71,706	73,144	73,126	75,584	68,716	62,952	82,437	71,796	73,102	72,528	57,794	52,592	49,227	47,112	55,719	61,014	56,214	55,254	50,612	48,640	51,624	45,226	51,255	48,092	51,211	58,608	60,000	67,478	61,399	60,617	65,844	61,891	0	0	0
Operating expenses:
Research and development
5,179	4,864	3,808	4,056	3,608	3,771	3,655	3,136	2,843	3,596	7,628	7,407	7,690	6,772	3,709	2,786	2,143	4,560	4,633	5,077	4,633	3,851	-873	955	3,132	3,074	11,396	11,579	11,899	12,873	13,367	13,732	14,158	13,931	14,466	15,245	0	0	0
Selling, general and administrative
72,332	64,473	53,279	43,857	41,874	46,206	45,331	45,137	42,600	39,329	62,551	59,314	57,208	56,172	55,276	53,815	52,659	52,695	52,425	52,729	51,379	51,205	49,850	48,780	48,550	45,496	45,946	44,587	44,485	45,707	43,434	45,096	45,158	44,305	44,660	44,234	0	0	0
Restructuring charges
-	-	-385	-40	-	649	928	684	206	678	1,215	1,204	1,112	959	1,158	1,390	1,855	2,336	2,240	1,787	0	-	0	0	-	-	-	-	-	-	0	0	0	-	-	0	-	-	0
Restructuring charges
-	-	-385	-40	-	649	928	684	206	678	1,264	1,259	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	0	-	-	0
Total operating expenses
77,587	69,413	56,639	47,810	46,111	50,626	49,914	48,957	45,649	43,603	71,394	67,925	66,010	63,903	60,143	57,991	56,657	59,591	60,097	60,667	58,181	56,405	54,106	54,589	56,536	53,424	57,985	56,909	57,210	61,199	58,777	60,704	62,159	59,286	60,176	61,370	0	0	0
Operating income
55,021	47,614	31,552	24,398	25,595	22,518	23,212	26,627	23,067	19,349	11,043	3,871	7,092	8,625	-2,349	-5,399	-7,430	-12,479	-4,378	347	-1,967	-1,151	-3,494	-5,949	-4,912	-8,198	-6,730	-8,817	-5,999	-2,591	1,223	6,774	-760	1,331	5,668	521	0	0	0
Other income (expense):
Interest expense
2,196	1,839	1,093	1,174	1,131	1,080	334	298	157	98	678	601	560	410	386	365	389	365	369	358	337	341	340	339	335	311	318	320	314	335	316	323	320	324	499	668	0	0	0
Interest and other income
-	-	-607	-931	-	12	2,744	2,747	2,105	602	622	614	519	488	0	0	0	-	-	337	417	418	477	637	641	659	569	574	508	569	362	0	0	-	0	-	-	-	0
Interest and other income (expense)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest and other income (expense)
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-
Total other expense
-1,668	-469	-1,703	-2,108	-2,380	-1,068	2,410	2,449	1,948	504	-56	13	-41	78	41	-125	-213	-121	-81	-21	80	77	137	298	306	348	251	254	194	234	305	48	79	-48	-105	-334	0	0	0
Income from continuing operations before income taxes
53,353	47,145	29,849	22,290	23,215	21,450	25,622	29,076	25,015	19,853	10,987	3,884	7,051	8,703	7,065	6,698	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss before taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-3,357	-5,651	-4,606	-7,850	-6,479	-8,563	-5,805	-2,357	1,528	6,822	-681	1,283	5,563	187	0	0	0
Income tax expense
9,656	10,355	6,371	3,984	4,458	3,334	8,469	3,696	2,251	2,382	-3,450	173	90	100	-27	5,320	6,399	4,880	3,330	-895	-2,162	-2,103	-1,668	-1,334	-750	-1,881	-1,013	-2,207	-1,109	100	826	2,595	-337	510	1,999	-7	0	0	0
Income from continuing operations
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss from discontinued operations, net of income taxes
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income
-6,085	-12,426	17,073	11,901	12,355	15,012	15,619	23,846	21,227	15,934	14,437	3,711	6,961	8,603	-2,281	-10,844	-14,042	-17,480	-7,789	1,221	275	1,029	-1,689	-4,317	-3,856	-5,969	0	0	0	-	-	-	-	-	-	-	-	-	-
Less: net income attributable to non-controlling interest
67	140	0	0	0	-	-	-	-	-1	-2	-3	-8	-7	-497	-497	-493	-508	-135	-142	-158	-144	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net earnings (loss) from continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Net loss from discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Net income attributable to Spartan Motors Inc.
-6,152	-12,566	17,090	11,979	12,215	15,012	15,616	23,843	21,227	15,935	14,439	3,714	6,969	8,610	-1,784	-10,347	-13,549	-16,972	-7,654	1,363	433	1,173	-1,665	-4,301	-3,857	-5,971	-5,466	-6,356	-4,696	-2,457	702	4,227	-344	773	3,397	-2,411	0	0	0
Basic net earnings per share
Continuing operations, Basic (in dollars per share)
0.33	-	-	-	0.13	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.11	-
Discontinued operations, Basic (in dollars per share)
-0.11	-	-	-	-0.09	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.01	-0.08
Basic earnings per share (in dollars per share)
0.22	-0.79	0.29	0.10	0.04	0.05	0.15	0.11	0.12	0.08	0.38	0.03	-0.03	0.02	0.08	0.13	0.02	-	-0.17	0.03	-	-	0.09	0.01	-	-	0.02	0.02	-	-	-0.01	0.07	-	-	0.10	-0.07	-	0.10	-0.08
Diluted net earnings per share
Continuing operations, Diluted (in dollars per share)
0.33	-	-	-	0.13	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.11	-
Discontinued operations, Diluted (in dollars per share)
-0.11	-	-	-	-0.09	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.01	-0.08
Diluted earnings per share (in dollars per share)
0.22	-0.79	0.29	0.10	0.04	0.05	0.15	0.11	0.12	0.08	0.38	0.03	-0.03	0.02	0.08	0.13	0.02	-	-0.17	0.03	-	-	0.09	0.01	-	-	0.02	0.02	-	-	-0.01	0.07	-	-	0.10	-0.07	-	0.10	-0.08
Basic weighted average common shares outstanding (in shares)
35,401	35,341	35,317	35,349	35,265	35,212	35,182	35,260	35,094	35,839	35,105	35,127	33,725	34,389	34,439	34,512	34,280	-	33,885	34,280	-	-	34,246	34,446	-	-	34,133	34,105	-	-	33,374	33,883	-	-	33,506	32,835	-	33,056	32,427
Diluted weighted average common shares outstanding (in shares)
35,664	35,568	35,463	35,368	35,265	35,212	35,182	35,260	35,094	35,839	35,105	35,127	33,725	34,389	34,439	34,512	34,280	-	33,885	34,281	-	-	34,249	34,450	-	-	34,182	34,139	-	-	33,374	33,892	-	-	33,525	32,835	-	33,079	32,427
Basic and Diluted net loss per share (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.09	-	-	-	-0.06	-	-	-	-0.13	-	-	-	-0.06	-	-	-	-0.03	-	-
Basic and Diluted weighted average common shares outstanding (in shares)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	33,661	-	-	-	33,728	-	-	-	33,381	-	-	-	33,019	-	-	-	32,652	-	-