SPARTANNASH COMPANY SPTN Income Statement

Spartannash company (SPTN)

Income statement / Quarterly

Dec'19	Oct'19	Jul'19	Apr'19	Dec'18	Oct'18	Jul'18	Apr'18	Dec'17	Oct'17	Jul'17	Apr'17	Dec'16	Sep'16	Jul'16	Apr'16	Jan'16	Sep'15	Jul'15	Apr'15	Jan'15	Oct'14	Jul'14	Apr'14	Dec'13	Oct'13	Jul'13	Apr'13	Mar'13	Dec'12	Aug'12	Jun'12	Mar'12	Dec'11	Aug'11	Jun'11	Mar'11	Dec'10	Aug'10	Jun'10
Net sales
1,997,953	1,999,808	1,995,929	2,542,375	1,896,796	1,886,730	1,895,953	2,385,073	1,885,500	1,868,398	1,856,199	2,353,702	1,654,667	1,800,085	1,827,562	2,278,770	1,768,025	1,775,401	1,795,864	2,312,683	1,962,589	1,809,571	1,810,175	2,333,727	1,316,017	630,088	651,125	780,278	592,809	789,880	621,559	603,912	614,773	797,242	619,647	602,564	571,471	782,300	602,056	577,237
Cost of sales
1,711,220	1,709,447	1,706,922	2,164,646	1,651,406	1,630,588	1,630,293	2,041,859	1,630,685	1,606,706	1,585,173	1,996,326	1,395,409	1,544,790	1,564,863	1,944,528	1,509,680	1,516,352	1,533,822	1,976,437	1,680,653	1,548,162	1,544,784	1,986,389	1,093,015	499,627	517,708	608,555	460,166	628,925	491,333	482,192	479,687	634,292	486,910	477,227	441,650	617,493	466,858	450,548
Gross profit
286,733	290,361	289,007	377,729	245,390	256,142	265,660	343,214	254,815	261,692	271,026	357,376	259,258	255,295	262,699	334,242	258,345	259,049	262,042	336,246	281,936	261,409	265,391	347,338	223,002	130,461	133,417	171,723	132,643	160,955	130,226	121,720	135,086	162,950	132,737	125,337	129,821	164,807	135,198	126,689
Operating expenses
Selling, general and administrative
272,241	273,286	266,474	360,400	223,568	228,583	236,202	309,058	232,168	228,545	231,532	322,779	223,097	220,339	223,418	296,381	223,120	224,648	225,433	302,371	250,149	227,690	229,083	315,465	205,108	113,455	114,887	149,398	112,949	149,109	110,922	110,007	114,913	150,505	112,891	111,341	113,688	150,643	112,926	110,760
Merger/acquisition and integration
73	0	582	782	1,406	521	804	2,206	1,070	2,392	622	4,017	2,722	2,427	913	897	1,181	4,417	151	2,684	4,547	1,379	2,581	4,168	13,982	4,634	2,377	0	-	-	-	-	-	-	-	-	-	-	-	-
Goodwill impairment
-	-	-	-	-	-	-	-	-	189,027	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Restructuring, asset impairment and other charges
2,835	1,296	14,581	-5,662	32,277	232	-1,164	6,202	2,799	35,626	-14	1,021	8,402	2,662	5,748	15,304	1,040	760	-336	7,338	6,233	-1,272	1,078	127	-	-	987	1,233	-	0	356	-	-	-2	-135	-	192	-2,425	183	2,582
(Gain) loss on disposal of assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-299	-	-	-	545	-	-	-	-	-	-
Total operating expenses
275,149	274,582	281,637	355,520	257,250	229,336	235,842	317,466	236,037	455,590	232,140	327,817	234,221	225,428	230,079	312,582	225,341	229,825	225,248	312,393	260,929	227,797	232,742	319,760	233,747	118,089	118,251	150,631	113,883	149,408	111,278	110,007	115,572	149,958	112,756	111,341	113,880	148,218	113,109	113,342
Operating earnings (loss)
11,584	15,779	7,370	22,209	-11,860	26,806	29,818	25,748	18,778	-193,898	38,886	29,559	25,037	29,867	32,620	21,660	33,004	29,224	36,794	23,853	21,007	33,612	32,649	27,578	-10,745	12,372	15,166	21,092	18,760	11,547	18,948	11,713	19,514	12,992	19,981	13,996	15,941	16,589	22,089	13,347
Other (income) and expenses
Interest expense
6,596	7,375	8,696	11,881	7,654	7,082	6,969	8,778	6,215	6,131	5,682	7,315	4,403	4,419	4,437	5,823	5,193	4,983	4,894	6,750	5,998	5,467	5,475	7,474	4,775	2,205	2,239	3,767	2,990	4,193	3,071	3,156	3,109	5,274	3,412	3,242	3,505	4,666	3,504	3,429
Loss on debt extinguishment
-	-329	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-5,047	-2,762	-	2,285	-	-	-	-	-	-	-	-	-	-
Postretirement benefit expense (income)
126	10,221	8,821	-	-	-6	-10	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other, net
877	180	439	-183	188	189	226	225	-17	132	123	190	-308	146	120	150	173	148	26	28	21	1	-10	5	10	5	8	7	4	23	681	48	104	34	42	-70	44	-1	4	50
Total other expenses, net
-6,480	-17,745	-17,078	-12,064	-7,641	-6,887	-6,733	-8,553	-6,286	-5,999	-5,559	-7,125	-4,958	-4,273	-4,317	-5,673	-6,191	-4,835	-4,868	-6,722	-20,935	-5,466	-5,475	7,479	-10,292	-2,200	-2,231	-6,522	-5,748	-6,455	-2,390	-3,108	-9,489	-5,240	-3,370	3,172	-3,461	-4,667	-3,500	-3,379
Earnings (loss) before income taxes and discontinued operations
5,104	-1,966	-9,708	10,145	-19,501	19,919	23,085	17,195	12,492	-199,897	33,327	22,434	20,079	25,594	28,303	15,987	26,813	24,389	31,926	17,131	15,030	28,146	27,174	20,099	-21,037	10,172	12,935	14,570	13,012	5,092	16,558	8,605	16,369	7,752	16,611	10,824	12,480	11,922	18,589	9,968
Income tax (benefit) expense
-369	-1,656	-2,941	2,624	-5,474	2,374	5,247	4,760	-22,218	-76,445	12,267	7,369	7,273	8,864	10,743	6,027	9,649	9,141	11,619	6,684	2,993	10,977	9,779	7,580	-7,551	3,513	4,879	5,658	5,073	1,620	6,203	2,529	15,270	2,764	6,341	-4,689	4,831	4,452	7,244	3,893
Earnings (loss) from continuing operations
5,473	-310	-6,767	7,521	-14,027	17,545	17,838	12,435	34,710	-123,452	21,060	15,065	12,806	16,730	17,560	9,960	17,164	15,248	20,307	10,447	12,037	17,169	17,395	12,519	-13,486	6,659	8,056	8,912	7,939	3,472	10,355	6,076	10,477	4,988	10,270	6,135	7,649	7,470	11,345	6,075
Loss from discontinued operations, net of taxes
-49	-27	-47	-52	19	-80	-66	-92	-103	-54	-31	-40	39	-82	-76	-109	-435	145	-46	-120	-166	-73	-76	-209	-336	-88	-64	-276	-237	-72	-50	-73	247	-11	-18	-106	124	-162	-106	-88
Net earnings (loss)
5,424	-337	-6,814	7,469	-14,008	17,465	17,772	12,343	34,607	-123,506	21,029	15,025	12,845	16,648	17,484	9,851	16,729	15,393	20,261	10,327	11,871	17,096	17,319	12,310	-13,822	6,571	7,992	8,636	7,702	3,400	10,305	6,003	10,500	4,977	10,252	6,029	7,773	7,308	11,239	5,987
Basic earnings (loss) per share:
Earnings (loss) from continuing operations
0.15	-0.01	-0.19	0.21	-0.39	0.49	0.50	0.34	0.94	-3.31	0.56	0.40	0.33	0.45	0.47	0.27	0.45	0.41	0.54	0.28	0.32	0.46	0.46	0.33	-0.62	0.30	0.37	0.41	0.36	0.16	0.48	0.28	0.46	0.22	0.45	0.27	0.34	0.33	0.50	0.27
Loss from discontinued operations
-	-	-	-	-	-	-0.01	-	-	-	-	-	-	-0.01	-	-0.01	-	-	0.00	-0.01	-	-0.01	-	-	0.00	0.00	-0.02	-0.01	0.00	0.00	-0.01	-0.01	-	-	-	-	0.01	-0.01	-0.01	0.00
Net earnings (loss)
0.15	-0.01	-0.19	0.21	-0.39	0.49	0.49	0.34	0.94	-3.32	0.56	0.40	0.35	0.44	0.47	0.26	0.45	0.41	0.54	0.27	0.32	0.45	0.46	0.33	-0.64	0.30	0.37	0.40	0.36	0.16	0.47	0.27	0.45	0.22	0.45	0.27	0.34	0.32	0.50	0.27
Diluted earnings (loss) per share:
Earnings (loss) from continuing operations
0.15	-0.01	-0.19	0.21	-0.39	0.49	0.50	0.34	0.94	-3.31	0.56	0.40	0.33	0.45	0.47	0.27	0.45	0.40	0.54	0.28	0.33	0.45	0.46	0.33	-0.62	0.30	0.37	0.41	0.36	0.16	0.47	0.28	0.45	0.22	0.45	0.27	0.33	0.33	0.50	0.27
Loss from discontinued operations
-	-	-	-	-	-	-0.01	-	-	-	-	-	-	-0.01	-	-0.01	-	0.01	-	-0.01	-	-	-	-	-0.01	0.00	-0.01	-0.01	-0.01	0.00	0.00	-0.01	-	0.00	0.00	-0.01	0.01	-0.01	0.00	-0.01
Net earnings (loss)
0.15	-0.01	-0.19	0.21	-0.39	0.49	0.49	0.34	0.94	-3.32	0.56	0.40	0.34	0.44	0.47	0.26	0.44	0.41	0.54	0.27	0.31	0.45	0.46	0.33	-0.63	0.30	0.36	0.40	0.35	0.16	0.47	0.27	0.46	0.22	0.45	0.26	0.34	0.32	0.50	0.26
Basic
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	37,717	37,744	-	-	21,876	21,858	21,750	-	21,750	21,747	21,853	-	22,866	22,862	22,691	22,638	22,631	22,627	22,528
Diluted
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	37,778	37,810	-	-	21,969	21,940	21,827	-	21,816	21,824	21,939	-	23,080	22,962	22,777	22,743	22,710	22,692	22,607