Steel connect, inc. (STCN)
Income statement / Quarterly
Jan'20Oct'19Jul'19Apr'19Jan'19Oct'18Jul'18Apr'18Jan'18Oct'17Jul'17Apr'17Jan'17Oct'16Jul'16Apr'16Jan'16Oct'15Jul'15Apr'15Jan'15Oct'14Jul'14Apr'14Jan'14Oct'13Jul'13Apr'13Jan'13Oct'12Jul'12Apr'12Jan'12Oct'11Jul'11Apr'11Jan'11Oct'10Jul'10Apr'10Jan'10Oct'09
Condensed Income Statement [Table]
Condensed Income Statements, Captions [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax

215,452

225,153

204,471

194,003

206,223

215,133

-

193,921

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net revenue

-

-

-

-

-

-

-

-

153,738

102,522

-

97,948

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net revenue

-

-

-

-

-

-

-

-

-

-

-

-

117,568

121,327

-

96,460

119,966

141,089

119,685

106,234

148,310

187,444

164,700

173,274

194,011

191,415

181,001

173,016

203,436

197,051

165,051

173,553

169,435

205,908

198,688

206,579

233,212

235,271

226,760

212,379

234,034

245,273

Cost of revenue

170,203

180,907

167,345

157,142

168,680

176,933

157,720

154,916

137,915

93,448

92,485

89,406

106,370

111,994

95,031

94,286

116,311

128,637

109,644

97,222

131,716

168,606

150,249

157,575

171,431

169,420

160,908

157,641

183,158

178,427

153,300

157,625

154,026

180,437

181,103

186,912

210,765

214,031

203,692

189,096

203,960

210,670

Gross profit

45,249

44,246

37,126

36,861

37,543

38,200

37,357

39,005

15,823

9,074

7,292

8,542

11,198

9,333

6,477

2,174

3,655

12,452

10,041

9,012

16,594

18,838

14,451

15,699

22,580

21,995

20,093

15,375

20,278

18,624

11,751

15,928

15,409

25,471

17,585

19,667

22,447

21,240

23,068

23,283

30,074

34,603

Operating expenses:
Selling, general and administrative

31,165

22,227

62,461

27,426

27,626

26,565

29,296

29,661

30,111

12,904

14,598

14,034

11,926

13,601

15,328

14,489

14,773

13,014

15,067

14,439

14,639

15,522

17,233

17,100

19,572

18,115

19,823

19,287

23,721

24,141

26,951

22,407

23,181

22,198

21,390

20,788

20,458

22,551

24,585

21,395

23,917

22,958

Amortization of intangible assets

6,911

7,277

7,278

7,278

7,791

8,099

-

7,964

4,107

-

-

-

-

-

-

-

-

-

0

131

268

268

268

269

280

280

280

283

285

285

237

285

285

332

1,037

1,062

1,679

1,679

1,680

1,657

1,599

1,372

Gain (Loss) on Disposition of Property Plant Equipment

-

-

-

0

-

-

-

0

12,692

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Impairment of long-lived assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

305

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Restructuring, net

-

-

-

-

-

-

-

-

-

-

66

-249

776

1,374

5,992

182

240

1,007

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Impairment of long-lived assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

500

-

-

-

-

-

-

1,128

-

-

-

-

-

-

-

-

-

-

Restructuring, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,994

1,041

1,901

-

3,468

993

979

5,664

2,565

4,798

1,470

1,220

-22

4,463

755

-406

0

412

789

-1,858

836

-18

75

Total operating expenses

38,076

29,504

70,224

34,704

35,417

34,664

37,510

37,625

21,526

12,904

14,664

13,785

12,702

14,975

21,320

14,671

15,318

14,021

18,621

16,564

15,948

17,691

18,618

20,837

21,345

19,374

25,767

22,135

28,804

25,896

28,408

23,798

27,929

23,285

22,021

21,850

49,715

25,019

50,207

23,888

25,498

24,405

Operating income

7,173

14,742

-33,098

2,157

2,126

3,536

-153

1,380

-5,703

-3,830

-7,372

-5,243

-1,504

-5,642

-14,843

-12,497

-11,663

-1,569

-8,580

-7,552

646

1,147

-4,167

-5,138

1,235

2,621

-5,674

-6,760

-8,526

-7,272

-16,657

-7,870

-12,520

2,186

-4,436

-2,183

-27,268

-3,779

-27,139

-605

4,576

10,198

Other income (expense):
Interest income

14

16

11

22

172

323

249

174

92

164

123

96

15

165

132

334

114

88

227

247

355

64

56

159

65

102

70

64

88

78

69

67

122

122

47

62

88

42

46

49

82

121

Interest expense

8,733

9,169

9,616

10,294

10,984

11,057

10,522

10,680

6,575

2,107

2,068

2,041

2,109

2,029

2,585

2,833

2,777

2,729

2,719

2,613

2,619

2,667

2,548

2,049

199

213

88

324

101

99

95

90

98

90

105

110

122

125

148

133

161

131

Other losses, net

-823

558

5,432

-114

-1,662

944

3,210

-692

-1,717

1,422

-39

2,708

1,019

-488

1,350

2,239

325

-9,671

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other gains (losses), net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,523

411

2,827

-

-507

892

-701

-

-417

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other gains (losses), net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-978

-1,319

-

6,884

825

-

-

5,532

-

-

-

-

-

-

Impairment of investments in affiliates

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

42

-

5,017

-

-

-

1,243

177

-

-

0

1,500

-

-

-

-

-

-

-

-

-

-

-

-

-

Equity in losses of affiliates and impairments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-310

-

-3,108

-290

427

2,094

401

370

1,443

205

211

848

864

Total other expense

-9,542

-8,595

-4,170

-10,386

-12,474

-9,790

-7,063

-11,198

-8,200

-521

-1,984

763

-1,075

-2,352

-1,103

-260

-2,338

-12,354

3,474

-3,860

-1,853

224

-2,226

-3,640

581

-812

-886

-677

-2,491

-1,650

6,391

3,753

559

830

-2,878

5,083

-776

2,921

437

-1,448

-1,216

-1,165

Income (loss) before income taxes

-2,369

6,147

-37,268

-8,229

-10,348

-6,254

-7,216

-9,818

-13,903

-4,351

-9,356

-4,480

-2,579

-7,994

-15,946

-12,757

-14,001

-13,923

-5,106

-11,412

-1,207

1,371

-6,393

-8,778

1,816

1,809

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss from continuing operations before income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-7,437

-11,017

-8,922

-

-4,117

-11,961

3,016

-7,314

2,900

-28,044

-858

-26,702

-2,053

3,360

9,033

Income tax expense

1,188

1,355

714

1,420

1,405

1,131

517

715

-73,521

1,087

105

819

723

1,049

3,979

408

206

850

-117

694

549

1,157

2,092

700

753

1,137

1,804

392

674

909

-

-

-

-

-

-

-

-

-

-

-

-

Gains on investments in affiliates, net of tax

-

-

-

-

-

-

-

-

-

-

-

-

-

500

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gains on investments in affiliates, net of tax

0

0

0

22

0

20

200

200

200

201

-

232

396

-

-

316

259

-

-

0

200

8

0

0

0

-134

-

-418

-726

-

-

-

-

-

-

-

-

-

-

-

-

-

Income tax expense (benefit)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1,202

380

-

-

1,331

-

-

-

-

-

-

Loss from continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-8,485

-9,478

1,063

538

-8,835

-8,247

-12,417

-9,831

-

-2,915

-12,341

-

-

1,569

-

-

-

-

-

-

Income from discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

1

79

-4

-59

-133

-829

-

-3,221

-535

-

-91

-91

-104

-45

0

-2,334

-29

45

Net Income (Loss) Attributable to Parent

-3,557

4,792

-37,982

-9,627

-11,753

-7,365

-7,533

-10,333

59,818

-5,237

-9,311

-5,067

-2,906

-8,543

-19,711

-12,849

-13,948

-14,773

-4,989

-12,106

-1,556

222

-8,485

-9,478

1,064

617

-8,839

-8,306

-12,550

-10,660

-20,241

-6,136

-12,876

1,145

-4,451

1,478

-29,280

-2,212

-26,867

-5,329

1,157

7,197

Less: Preferred dividends on redeemable preferred stock

531

536

532

525

536

536

-

529

270

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income (loss) attributable to common stockholders

-4,088

4,256

-38,514

-10,152

-12,289

-7,901

-8,069

-10,862

59,548

-5,237

-

-5,067

-2,906

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss from continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.18

-

-

-

-0.17

-

-

-0.30

-0.07

-0.29

0.03

-0.10

0.03

-0.68

-0.05

-0.62

-0.07

0.03

0.16

Income from discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.00

-

-

-

-

-

-

-

-0.07

-0.01

-

-

-

-

-

-

-0.05

-

-

Basic and diluted net loss per share attributable to common stockholders:

-

-

-

-

-

-

-

-

-

-0.09

-

-

-

-0.16

-

-0.25

-0.27

-0.29

-

-

-

-

-

-0.18

-

-

-

-0.17

-

-

-0.46

-0.14

-0.30

0.03

-0.10

0.03

-0.68

-0.05

-0.62

-0.12

0.03

0.16

Weighted average common shares used in basic and diluted loss per share:

-

-

-

-

-

-

-

-

-

55,260

-

-

-

54,991

-

52,200

51,879

51,766

-

-

-

-

-

-

-

-

-

47,968

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income (loss) from continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.02

0.01

-

-

-0.29

-0.22

-

-

-

-

-

-

-

-

-

-

-

-

Income from discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.00

0.00

-

-

0.00

-0.02

-

-

-

-

-

-

-

-

-

-

-

-

Basic net earnings (loss) per share attributable to common stockholders

-0.07

0.07

-0.63

-0.17

-0.20

-0.13

-

-0.18

1.02

-

-

-0.09

-0.05

-

-

-

-

-

-

-0.23

-0.03

0.00

-

-

0.02

0.01

-

-

-0.29

-0.24

-

-

-

-

-

-

-

-

-

-

-

-

Income (loss) from continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.02

0.01

-

-

-0.29

-0.22

-

-

-

-

-

-

-

-

-

-

-

-

Income from discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.00

0.00

-

-

0.00

-0.02

-

-

-

-

-

-

-

-

-

-

-

-

Earnings Per Share, Diluted

-0.07

0.06

-0.63

-0.17

-0.20

-0.13

-

-0.18

0.78

-

-

-0.09

-0.05

-

-

-

-

-

-

-0.23

-0.03

0.00

-

-

0.02

0.01

-

-

-0.29

-0.24

-

-

-

-

-

-

-

-

-

-

-

-

Weighted average common shares used in:
Weighted Average Number of Shares Outstanding, Basic

61,538

61,401

61,680

61,393

60,935

60,712

-

60,076

58,341

-

-

55,257

55,083

-

-

-

-

-

-

51,750

51,646

51,875

-

51,498

51,498

51,438

-

-

43,654

43,589

-

43,844

43,434

43,315

43,317

43,303

43,279

43,309

43,652

43,730

44,208

44,806

Diluted earnings (loss) per share

61,538

86,006

61,680

61,393

60,935

60,712

-

60,076

79,083

-

-

55,257

55,083

-

-

-

-

-

-

51,750

51,646

52,004

-

51,498

51,811

51,493

-

-

43,654

43,589

-

43,844

43,434

43,318

43,317

43,502

43,279

43,309

43,652

43,730

44,301

44,921

Services
Revenue from Contract with Customer, Excluding Assessed Tax

92,335

-

-

-

87,776

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Goods
Revenue from Contract with Customer, Excluding Assessed Tax

123,117

-

-

-

118,447

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-