THOR INDUSTRIES, INC. THO Income Statement

Thor industries, inc. (THO)

Income statement / TTM

Jan'20	Oct'19	Jul'19	Apr'19	Jan'19	Oct'18	Jul'18	Apr'18	Jan'18	Oct'17	Jul'17	Apr'17	Jan'17	Oct'16	Jul'16	Apr'16	Jan'16	Oct'15	Jul'15	Apr'15	Jan'15	Oct'14	Jul'14	Apr'14	Jan'14	Oct'13	Jul'13	Apr'13	Jan'13	Oct'12	Jul'12	Apr'12	Jan'12	Oct'11	Jul'11	Apr'11	Jan'11	Oct'10	Jul'10	Apr'10	Jan'10	Oct'09
Net sales
8,980	8,267	7,864	7,427	7,172	7,853	8,328	8,389	8,153	7,770	7,246	6,604	5,873	5,260	4,582	4,347	4,237	4,115	4,006	3,992	3,864	3,647	3,525	3,396	3,279	3,280	3,241	2,771	2,767	2,728	2,639	2,966	2,892	2,821	2,755	2,648	2,476	2,380	2,276	0	0	0
Cost of products sold
7,790	7,192	6,891	6,541	6,262	6,814	7,164	7,167	6,954	6,630	6,203	5,639	5,000	4,449	3,855	3,673	3,598	3,523	3,449	3,452	3,350	3,164	3,055	2,938	2,838	2,842	2,817	2,411	2,422	2,391	2,320	2,622	2,549	2,490	2,422	2,321	2,165	2,066	1,969	0	0	0
Gross profit
1,189	1,074	973	885	910	1,038	1,164	1,221	1,198	1,140	1,043	965	873	810	726	674	638	592	557	539	514	482	470	457	440	437	424	360	344	336	319	344	343	331	333	327	311	313	307	0	0	0
Selling, general and administrative expenses
699	621	536	471	413	445	477	480	471	451	419	400	369	340	306	286	274	261	250	240	228	218	208	202	198	196	194	167	161	156	148	166	169	174	180	174	167	157	147	0	0	0
Impairment charges
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	0	0	0	0	-	-	-	-	-	-	-	-	-	0	0	0	-	0	-	-
Amortization of intangible assets
99	87	75	64	52	54	55	56	57	59	63	59	49	40	27	22	20	18	16	15	14	13	12	11	11	10	10	10	10	10	10	11	11	11	10	7	4	2	0	0	0	0
Acquisition-related costs
15	57	114	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on involuntary conversion
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	9	10	0	0	-	0	-	-
Interest income
7	7	8	6	4	2	2	1	1	1	0	0	0	0	0	0	0	1	1	1	1	1	1	1	2	2	2	2	3	3	3	3	3	3	3	4	4	4	5	0	0	0
Interest expense
121	95	68	38	4	4	5	6	7	8	9	8	6	3	1	0	0	0	-	-	0	-	0	0	0	0	0	-0	-0	-0	0	0	0	0	0	0	0	0	0	0	0	0
Other income (expense), net
3	1	-1	-6	-5	-2	3	4	7	6	5	5	4	3	1	0	0	0	1	2	2	2	3	1	1	2	1	1	1	1	1	0	0	0	0	1	0	-0	0	0	0	0
Income before income taxes
254	221	184	199	338	477	633	684	670	627	556	503	453	421	383	357	335	313	292	287	275	255	252	243	231	232	221	187	177	174	165	171	167	153	152	161	156	167	171	0	0	0
Income taxes
51	51	52	71	107	161	202	223	231	203	182	166	148	135	125	113	107	100	90	87	83	76	77	79	74	72	70	56	54	57	53	57	54	48	46	51	51	57	61	0	0	0
Net income (loss)
202	170	132	173	0	0	-	0	-	-	-	-	-	-	258	244	228	213	202	199	191	178	175	163	157	159	151	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Less: Net loss attributable to non-controlling interest
-1	-0	-0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss from discontinued operations, net of income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1	-1	-1	-2	-2	-2	-2	-1	3	6	1	3	1	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Net income (loss) attributable to Thor Industries, Inc.
204	170	133	175	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	179	170	159	162	152	139	136	130	121	114	112	104	106	109	104	110	110	0	0	0
Weighted-average common shares outstanding:
Basic (in shares)
55	55	55	55	52	52	52	52	52	52	52	52	52	52	-	52	52	52	-	53	53	53	-	53	53	53	-	53	53	52	-	52	54	54	-	55	55	53	-	51	53	55
Diluted (in shares)
55	55	55	55	52	52	52	52	52	52	52	52	52	52	-	52	52	52	-	53	53	53	-	53	53	53	-	53	53	53	-	52	54	55	-	55	55	53	-	51	53	55
Earnings per common share from continuing operations:
Basic
-	-	-	-	-	-	-	-	-	-	-	-	-	-	1.58	1.51	0.86	0.97	1.31	1.19	0.57	0.73	1.26	1.03	0.32	0.68	1.04	0.92	0.36	0.54	-	-	-	-	-	-	-	-	-	-	-	-
Diluted
-	-	-	-	-	-	-	-	-	-	-	-	-	-	1.57	1.51	0.86	0.97	1.30	1.19	0.57	0.73	1.26	1.03	0.32	0.68	1.04	0.92	0.36	0.54	-	-	-	-	-	-	-	-	-	-	-	-
Loss per common share from discontinued operations:
Basic
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.01	-0.01	-0.03	0.00	0.00	0.00	-0.02	0.09	0.04	-0.09	0.02	0.05	-	-	-	-	-	-	-	-	-	-	-	-
Diluted
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.00	-0.02	-0.03	0.00	-0.01	0.00	-0.02	0.09	0.07	-0.10	0.01	0.04	-	-	-	-	-	-	-	-	-	-	-	-
Earnings (loss) per common share:
Basic (in dollars per share)
0.52	0.93	1.72	0.59	-0.10	0.26	1.68	2.54	1.51	2.44	2.27	2.12	1.23	1.50	1.58	1.50	0.85	0.96	1.30	1.18	0.54	0.73	1.26	1.03	0.30	0.77	1.08	0.83	0.38	0.59	0.82	0.78	0.25	0.41	0.66	0.72	0.10	0.44	0.78	0.66	0.22	0.42
Diluted (in dollars per share)
0.52	0.92	1.72	0.59	-0.10	0.26	1.67	2.53	1.51	2.43	2.26	2.11	1.23	1.49	1.58	1.49	0.85	0.96	1.30	1.17	0.54	0.73	1.25	1.03	0.30	0.77	1.11	0.82	0.37	0.58	0.82	0.78	0.25	0.41	0.66	0.72	0.10	0.44	0.77	0.66	0.22	0.42
Regular dividends declared and paid per common share (in dollars per share)
-	0.40	-	0.39	-	0.39	0.37	0.37	0.37	0.37	0.33	0.33	0.33	0.33	-	0.30	0.30	0.30	-	0.27	0.27	0.27	-	-	-	-	-	-	-	0.18	-	-	-	0.15	-	0.10	0.10	0.10	-	0.07	0.07	0.07
Comprehensive income:
Net income (loss)
202	170	132	173	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other comprehensive loss, net of tax
Foreign currency translation adjustment
-57	-46	-47	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Unrealized loss on derivatives, net of tax
-13	-13	-9	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total other comprehensive loss, net of tax
-72	-60	-57	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Comprehensive income (loss)
130	110	74	135	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Less: Comprehensive loss attributable to non-controlling interest
-2	-0	-1	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Unrealized appreciation on investments, net of tax effects of $0, $0 and $12
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-
Comprehensive income (loss) attributable to Thor Industries, Inc.
133	110	76	91	230	315	430	461	438	423	374	337	304	284	256	242	226	210	199	196	189	176	179	170	159	163	152	139	136	130	121	0	0	0	-	-	-	-	-	-	-	-
Goodwill and Intangible Asset Impairment
-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Special dividends declared and paid per common share:
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.50