Stoneridge inc (SRI)
Income statement / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Sep'10Jun'10
Net sales

182,966

190,365

203,386

222,241

218,297

210,814

208,853

220,602

225,930

207,440

203,582

209,111

204,311

172,612

173,846

186,903

162,616

154,641

162,057

165,289

162,825

166,811

170,338

162,099

161,331

20,432

233,511

169,833

235,710

-103,322

219,256

234,265

262,267

186,048

195,864

190,417

193,044

160,436

166,262

Costs and expenses:
Cost of goods sold

137,569

146,167

151,531

165,414

157,444

152,855

145,568

153,184

157,961

146,414

141,033

145,697

143,160

124,833

124,098

134,152

117,455

112,402

116,912

119,343

119,177

121,910

120,788

113,814

113,193

-18,972

179,992

115,530

176,981

-118,554

168,018

180,606

197,129

153,730

158,413

152,699

153,754

123,838

126,998

Selling, general and administrative

29,503

29,443

30,978

27,522

35,910

33,447

32,589

35,256

37,261

34,646

37,277

35,704

34,266

28,309

27,817

29,247

25,772

24,816

26,331

28,482

30,742

30,042

31,204

31,617

30,767

-10,622

42,814

42,551

48,437

-23,537

44,623

52,042

53,289

34,957

30,454

30,305

32,590

31,011

31,447

Gain on disposal of Non-core Products, net

-

-

-

33,921

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Design and development

12,235

13,360

11,554

14,040

13,244

11,848

12,384

12,981

13,861

13,146

11,976

12,034

11,721

9,300

10,151

9,878

10,883

9,096

9,867

10,049

9,780

9,694

10,389

10,589

10,937

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Goodwill impairment charge (benefit)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-5,802

29,300

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

Operating income

3,659

1,073

9,323

49,186

11,699

12,664

18,312

19,181

16,847

13,234

13,296

15,676

15,164

10,170

11,780

13,626

8,506

8,327

8,947

7,415

3,126

-22,795

13,759

-23,221

6,434

9,654

10,705

11,752

10,292

-176

6,615

1,617

11,849

-7,584

6,997

7,413

6,700

5,587

7,817

Interest expense, net

-1,030

-1,171

-1,149

-1,001

-1,003

-1,041

-1,155

-1,170

-1,354

-10,219

1,508

1,518

1,410

-11,315

1,684

1,840

1,514

1,682

1,747

1,658

1,278

1,822

5,057

5,072

4,929

4,474

4,544

4,504

4,574

4,474

4,878

5,162

5,355

4,432

4,247

4,289

4,266

5,720

5,630

Equity in earnings of investee

457

348

318

548

364

603

249

665

521

436

465

555

180

630

307

153

143

116

160

143

189

228

205

144

238

80

99

96

201

317

207

97

139

4,957

1,353

1,808

1,916

-

-

Loss on early extinguishment of debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-920

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Earnings of equity method investees

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,884

1,611

Other income , net

1,617

-290

-381

97

432

520

-647

264

599

549

-395

-605

-190

-575

497

406

-181

-2,171

83

47

213

1,703

-23

-330

-1,915

-953

269

-156

-617

-1,231

-972

-2,734

331

-220

1,697

-534

-999

-559

749

Income before income taxes

4,703

-40

8,111

48,830

11,492

12,746

16,759

18,940

16,613

12,872

11,858

14,108

13,744

8,986

10,900

12,345

6,954

4,590

7,443

5,947

2,250

-32,373

7,964

-28,479

-172

4,307

6,529

7,188

5,302

-5,564

972

-6,182

6,964

58,093

5,800

4,398

3,351

3,192

4,547

Provision for income taxes

1,213

-4,249

1,450

9,066

1,835

690

3,467

3,820

3,233

-6,036

3,809

5,189

4,571

-39,503

919

1,350

845

-345

32

-381

147

-1,067

-1,174

90

295

-13

1,016

775

1,019

-750

383

-884

1,218

22,727

1,543

1,158

677

1,975

731

Income from continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,935

7,411

6,328

2,103

-31,306

9,138

-28,569

-467

-

-

6,413

-

-

-

-

-

-

-

-

-

-

-

Discontinued operations:
Income (loss) from discontinued operations, net of tax

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-898

-1,560

594

1,053

-

-

-22

-

-

-

-

-

-

-

-

-

-

-

Loss on disposal, net of tax

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-794

-6,548

-1,138

-96

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income (loss) from discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

16

-113

55

-168

-1,692

-8,108

-544

957

-

-

-22

-

-

-

-

-

-

-

-

-

-

-

Net income

3,490

-

-

-

9,657

-

-

-

-

18,908

8,049

8,919

9,173

48,489

9,981

10,995

6,109

4,951

7,298

6,383

1,935

-32,998

1,030

-29,113

490

321

5,513

6,391

4,283

2,711

589

-5,298

5,746

35,366

4,257

3,240

2,674

1,217

3,816

Net loss attributable to noncontrolling interest

-

-

-

-

-

-

-

-

-

0

0

-100

-30

122

-303

-576

-1,130

-1,133

-69

-596

-409

-6,444

1,160

-7,221

-978

117

466

634

160

90

170

-1,740

-133

-3,209

-272

-124

-215

-35

-21

Net income attributable to Stoneridge, Inc.

3,490

4,209

6,661

39,764

9,657

12,056

13,292

15,120

13,380

18,908

8,049

9,019

9,203

48,367

10,284

11,571

7,239

6,084

7,367

6,979

2,344

-26,554

-130

-21,892

1,468

204

5,047

5,757

4,123

2,621

419

-3,558

5,879

38,575

4,529

3,364

2,889

1,252

3,837

Basic (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.21

0.27

0.26

0.10

-0.93

0.30

-0.79

0.02

0.16

0.19

0.22

0.15

-0.19

0.02

-0.13

0.22

-

0.19

0.14

-

-

-

Diluted (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.21

0.27

0.25

0.09

-0.92

0.29

-0.79

0.02

0.15

0.19

0.21

0.15

-0.19

0.02

-0.13

0.22

-

0.18

0.14

-

-

-

Earnings (loss) per share attributable to discontinued operations:
Basic (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.01

-0.01

0.00

-0.01

-0.06

-0.30

-0.02

0.03

-

-

0.00

-

-

-

-

-

-

-

-

-

-

-

Diluted (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.01

-0.01

0.00

-0.01

-0.07

-0.29

-0.02

0.03

-

-

0.00

-

-

-

-

-

-

-

-

-

-

-

Earnings per share:
Basic (in dollars per share)

0.13

0.16

0.24

1.43

0.34

0.43

0.47

0.53

0.47

0.67

0.29

0.32

0.33

1.74

0.37

0.42

0.26

0.22

0.26

0.26

0.09

-0.99

0.00

-0.81

0.05

-

-

0.22

-

-

-

-

-

-

-

-

0.12

0.05

0.16

Diluted (in dollars per share)

0.13

0.15

0.24

1.41

0.33

0.41

0.46

0.52

0.46

0.65

0.28

0.32

0.32

1.71

0.36

0.41

0.26

0.22

0.26

0.25

0.08

-0.99

0.00

-0.81

0.05

-

-

0.21

-

-

-

-

-

-

-

-

0.12

0.05

0.16

Weighted-average shares outstanding:
Basic (in shares)

27,232

27,380

27,369

27,887

28,529

28,457

28,452

28,449

28,249

28,142

28,135

28,133

27,916

27,796

27,792

27,790

27,675

27,453

27,444

27,307

27,145

26,953

26,953

26,934

26,854

26,696

26,691

26,691

26,601

26,435

26,430

26,424

26,220

24,378

24,164

24,162

24,018

23,972

23,965

Diluted (in shares)

27,591

27,906

27,795

28,293

29,084

29,340

29,065

28,977

28,936

29,336

28,652

28,517

28,580

28,458

28,359

28,262

28,155

27,990

28,008

27,944

27,892

25,798

27,554

26,934

27,408

26,853

27,176

27,348

27,395

25,084

27,143

26,424

26,857

24,910

24,589

24,606

24,474

24,357

24,389