STRATTEC SECURITY CORP STRT Income Statement

Strattec security corp (STRT)

Income statement / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jul'18	Jun'18	Apr'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
Net sales
471,887	483,179	489,809	487,006	475,032	463,625	453,894	439,195	-	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cost of goods sold
414,459	427,079	431,306	429,206	418,294	407,372	397,731	-	384,752	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net sales
-	-	-	-	-	-	-	-	-	-	430,895	-	-	-	417,242	401,584	405,150	-	391,498	386,267	385,746	411,475	415,111	411,572	391,066	348,419	326,828	316,208	306,967	298,179	294,071	290,021	283,664	279,234	277,093	272,135	267,461	260,933	0	0	0
Cost of goods sold
-	-	-	-	-	-	-	-	-	-	375,525	-	-	-	355,949	343,371	342,021	-	331,468	325,007	324,644	338,815	332,403	329,723	311,726	282,621	266,853	257,904	252,299	244,313	240,363	236,482	231,192	228,971	228,379	227,354	223,947	218,770	0	0	0
Gross profit
57,428	56,100	58,503	57,800	56,738	56,253	56,163	-	54,443	0	56,163	58,567	59,615	60,955	62,194	59,114	64,030	65,726	60,030	61,260	61,102	72,660	82,708	81,849	79,340	65,798	59,975	58,304	54,668	53,866	53,708	53,539	52,472	50,263	48,714	44,781	43,514	42,163	0	0	0
Engineering, selling and administrative expenses
49,739	50,733	49,109	47,186	43,357	42,475	42,157	-	41,168	0	42,838	43,781	44,872	46,113	45,405	44,303	44,256	43,547	40,460	39,627	38,921	41,534	44,321	44,231	42,991	39,274	37,785	36,053	35,284	34,934	34,639	35,334	34,832	33,920	33,914	33,147	33,486	33,443	0	0	0
Income from operations
7,689	5,367	9,394	10,614	13,381	13,778	14,006	-	13,275	0	13,325	14,786	14,743	14,842	16,789	14,811	19,774	22,179	19,570	21,633	22,181	31,126	38,387	37,618	36,349	26,524	22,190	20,107	17,240	16,788	16,925	18,205	17,640	16,343	14,800	11,634	10,028	8,720	0	0	0
Interest income
-	-	-	-	-	-	-	-	8	0	12	63	99	136	138	90	59	25	78	135	170	185	168	144	122	106	69	35	24	21	38	50	55	69	82	103	113	119	0	0	0
Equity (loss) earnings of joint ventures
387	1,374	2,358	2,783	3,865	4,418	4,415	-	4,532	0	3,656	2,874	1,630	666	-1,621	-1,629	-1,880	-2,235	-1,136	-1,172	-1,271	-788	-39	435	853	957	1,035	477	81	-225	-1,021	-870	-963	-1,071	-206	131	704	1,246	0	0	0
Interest expense
1,183	1,392	1,548	1,615	1,600	1,492	1,341	-	1,137	0	902	697	542	417	357	308	233	176	127	93	81	71	47	38	42	45	46	48	43	34	33	42	55	81	114	133	155	175	0	0	0
Pension termination settlement charge
-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-
Other income (expense), net
936	96	-189	-337	368	317	688	-	1,020	0	145	1,179	1,496	1,167	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other income, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	734	1,188	2,661	3,481	3,285	2,658	781	272	1,215	385	626	329	-305	1,116	1,432	582	618	-401	-847	220	0	0	0
Income (loss) before provision for income taxes and non-controlling interest
8,385	6,001	-21,863	-20,433	-16,420	-15,412	17,772	-	17,698	0	16,236	18,205	17,426	16,394	15,160	12,227	16,907	19,190	19,119	21,691	23,660	33,933	41,754	40,817	38,063	27,814	24,463	20,956	17,928	16,879	15,604	18,459	18,109	15,842	15,180	11,334	9,843	10,130	0	0	0
Provision (benefit) for income taxes
448	-60	-7,421	-7,740	-6,880	-6,767	984	-	2,070	0	2,180	3,033	4,452	4,284	4,271	3,108	4,212	5,068	4,861	5,336	5,617	9,382	12,750	12,971	12,437	8,674	7,791	7,063	5,876	5,366	3,749	4,328	4,514	3,589	3,863	2,989	2,060	2,540	0	0	0
Net income (loss)
7,937	6,061	-14,442	-12,693	-9,540	-8,645	16,788	-	15,628	0	14,056	15,172	12,974	12,110	10,889	9,119	12,695	14,122	14,258	16,355	18,043	24,551	29,004	27,846	25,626	19,140	16,672	13,893	12,052	11,513	11,855	14,131	13,595	12,253	11,317	8,345	7,783	7,590	0	0	0
Net income attributable to non-controlling Interest
5,102	4,490	4,810	4,336	3,451	3,107	3,494	-	3,345	0	3,974	4,577	4,863	4,913	4,883	4,706	5,277	4,973	4,493	4,103	3,416	3,897	3,811	3,428	3,113	2,716	2,770	2,498	2,136	2,138	2,462	3,104	3,414	3,460	3,061	2,762	2,501	2,172	0	0	0
Net income (loss) attributable to STRATTEC SECURITY CORPORATION
2,835	1,571	-19,252	-17,029	-12,991	-11,752	13,294	-	12,283	0	10,082	10,595	8,111	7,197	6,006	4,413	7,418	9,149	9,765	12,252	14,627	20,654	25,193	24,418	22,513	16,424	13,902	11,395	9,916	9,375	9,393	11,027	10,181	8,793	8,256	5,583	5,282	5,418	0	0	0
Comprehensive (loss) income:
Net income (loss)
7,937	6,061	-14,442	-12,693	-9,540	-8,645	16,788	-	15,628	0	14,056	15,172	12,974	12,110	10,889	9,119	12,695	14,122	14,258	16,355	18,043	24,551	29,004	27,846	25,626	19,140	16,672	13,893	12,052	11,513	11,855	14,131	13,595	12,253	11,317	8,345	7,783	7,590	0	0	0
Currency translation adjustments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	947	1,251	1,601	-2,080	-621	-1,397	-1,339	1,777	0	0	0
Pension and postretirement plans, net of tax
-89	-14	-19,618	-19,861	-19,701	-20,040	-640	-	-602	0	-5,237	-5,374	-5,571	-5,768	5,546	5,659	5,769	5,880	2,044	1,979	1,915	1,851	-2,136	-2,144	-2,150	-2,157	-4,925	0	0	-	0	-	-	-	-	-	-	-	-	-	-
Currency translation adjustments
-6,653	629	-2,834	-555	-3,373	-923	-1,685	-	-2,219	0	2,441	2,311	1,494	-426	-2,783	-6,924	-4,004	-5,248	-4,588	-5,046	-7,148	-5,133	-4,561	-3,443	-656	-140	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Other comprehensive (loss) income, net of tax
-6,564	643	16,784	19,306	16,328	19,117	-1,045	-	-1,617	0	7,678	7,685	7,065	5,342	-8,329	-12,583	-9,773	-11,128	-6,632	-7,025	-9,063	-6,984	-2,425	-1,299	1,494	2,017	9,221	13,598	12,921	13,554	0	0	0	-	-	-	-	-	-	-	-
Total other comprehensive income (loss)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Comprehensive (loss) income
1,373	6,704	2,342	6,613	6,788	10,472	15,743	-	14,011	0	21,734	22,857	20,039	17,452	2,560	-3,464	2,922	2,994	7,626	9,330	8,980	17,567	26,579	26,547	27,120	21,157	25,893	27,491	24,973	25,067	4,433	3,392	3,206	-1,817	19,146	15,398	14,894	17,817	0	0	0
Comprehensive (loss) income attributable to non-controlling interest
3,071	4,971	4,292	4,724	2,687	3,149	3,160	-	2,279	0	4,442	5,186	5,452	5,470	4,860	3,579	5,012	4,659	4,234	3,812	2,998	3,574	3,540	3,220	3,072	2,719	2,699	2,480	2,100	2,147	0	0	0	-	-	2,708	2,453	2,208	0	0	0
Comprehensive (loss) income attributable to STRATTEC SECURITY CORPORATION
-1,698	1,733	-1,950	1,889	4,101	7,323	12,583	-	11,732	0	17,292	17,671	14,587	11,982	-2,300	-7,043	-2,090	-1,665	3,392	5,518	5,982	13,993	23,039	23,327	24,048	18,438	23,194	25,011	22,873	22,920	1,924	254	-250	-5,214	16,113	12,690	12,441	15,609	0	0	0
Earnings (loss) per share attributable to STRATTEC SECURITY CORPORATION:
Basic
0.80	-0.36	0.34	-0.02	0.47	-6.03	0.95	-	1.10	0.82	0.82	0.79	0.68	0.50	0.97	0.11	0.43	0.15	0.53	0.95	0.92	0.32	1.23	1.62	2.63	1.63	1.03	1.11	0.93	0.95	0.32	0.71	0.79	0.97	0.83	0.47	0.39	0.82	0.02	0.38	0.43
Diluted
0.79	-0.36	0.33	-0.06	0.46	-5.96	0.93	-	1.07	0.80	0.80	0.78	0.67	0.48	0.95	0.11	0.42	0.16	0.52	0.93	0.90	0.33	1.20	1.58	2.55	1.59	1.00	1.09	0.91	0.92	0.32	0.70	0.78	0.96	0.82	0.47	0.39	0.81	0.02	0.37	0.43
Average shares outstanding:
Basic
3,748	3,741	3,710	3,693	3,684	3,675	3,652	-	3,636	3,634	3,634	3,631	3,611	3,595	3,592	3,589	3,576	3,565	3,565	3,563	3,543	3,525	3,520	3,518	3,497	3,474	3,443	3,413	3,382	3,355	3,327	3,317	3,309	3,302	3,303	3,301	3,294	3,288	3,286	3,286	3,280
Diluted
3,768	3,741	3,728	3,547	3,728	3,718	3,711	-	3,708	3,708	3,708	3,715	3,681	3,681	3,671	3,667	3,661	3,624	3,619	3,624	3,617	3,608	3,603	3,612	3,593	3,571	3,534	3,487	3,460	3,434	3,389	3,353	3,340	3,332	3,333	3,329	3,326	3,325	3,339	3,329	3,299
Cash dividends declared per share
0.14	0.14	0.14	-	0.14	0.14	0.14	-	-	0.14	0.14	0.14	0.14	-	0.14	0.14	0.14	-	0.13	0.13	0.13	-	0.12	0.12	0.12	-	0.11	0.11	0.11	-	0.00	0.30	0.10	-	0.10	0.10	0.10	-	0.00	0.00	1.20