Titan machinery inc. (TITN)
Income statement / Yearly
Jan'20Jan'19Jan'18Jan'17Jan'16Jan'15Jan'14Jan'13Jan'12Jan'11Jan'10
REVENUE
Equipment

917,202

909,178

844,768

838,037

925,471

1,398,195

1,722,738

1,763,877

1,303,900

855,443

643,186

Parts

234,217

210,796

203,231

214,103

245,387

270,262

275,750

242,368

201,404

140,982

119,509

Sales Revenue Service

99,165

86,840

88,794

94,408

-

-

-

-

-

-

-

Sales Revenue Rental and Other

54,587

54,691

55,813

55,149

-

-

-

-

-

-

-

Service

-

-

-

-

127,457

147,356

149,082

127,779

103,474

74,506

58,983

Rental and other

-

-

-

-

69,520

84,433

78,876

64,396

50,214

23,558

17,103

Revenues

1,305,171

1,261,505

1,192,606

1,201,697

1,367,835

1,900,246

2,226,446

2,198,420

1,658,992

1,094,489

838,781

COST OF REVENUE
Equipment

818,707

812,467

764,649

769,924

889,567

1,286,148

1,576,246

1,600,233

1,171,618

773,060

578,411

Parts

165,190

149,615

143,729

149,212

173,083

189,540

192,199

169,164

140,096

100,281

83,219

Cost of Service

33,446

29,036

30,679

31,490

-

-

-

-

-

-

-

Service

-

-

-

-

46,814

53,924

54,608

45,748

37,236

27,767

21,615

Rental and other

37,010

38,799

38,249

37,342

52,457

62,250

55,319

43,914

34,581

18,813

14,441

TOTAL COST OF REVENUE

1,054,353

1,029,917

977,306

987,968

1,161,921

1,591,862

1,878,372

1,859,059

1,383,531

919,921

697,686

Gross Profit

250,818

231,588

215,300

213,729

205,914

308,384

348,074

339,361

275,461

174,568

141,095

OPERATING EXPENSES

225,722

201,537

203,203

211,372

220,524

273,271

291,202

247,557

193,860

130,541

108,998

Goodwill, Impairment Loss

-

-

-

-

-

24,739

6,261

-

-

-

-

Impairment of Long-Lived Assets

3,764

2,156

673

4,410

6,903

6,486

3,454

-

-

-

-

Restructuring Costs

-

-

-

-

-

-

-

0

-

-

-

Restructuring Charges

0

414

10,499

319

1,597

3,165

282

-

-

-

-

Impairment

-

-

-

-

-

-

-

-

0

-

-

Income (Loss) from Operations

21,332

27,481

925

-2,372

-23,110

723

46,875

91,804

81,601

44,027

32,097

OTHER INCOME (EXPENSE)
Interest income and other income (expense)

3,126

2,547

1,635

1,524

-478

-4,272

2,109

1,654

-

-

-

Interest and Other Income

-

-

-

-

-

-

-

-

1,643

1,794

1,843

Floorplan interest expense

5,354

6,114

8,152

13,560

18,334

20,477

16,764

13,297

8,323

7,223

5,485

Interest Expense, Debt

4,452

7,760

8,847

8,305

14,289

14,314

13,791

9,465

1,347

1,361

1,463

Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Noncontrolling Interest

14,652

16,154

-14,439

-22,713

-56,211

-38,340

18,429

70,696

73,574

37,237

26,992

Income Tax Expense (Benefit)

699

3,972

-7,390

-8,178

-17,982

-4,923

10,325

28,137

29,429

14,895

11,255

Net Income (Loss), Including Portion Attributable to Noncontrolling Interest

13,953

12,182

-7,049

-14,535

-38,229

-33,417

8,104

42,559

44,145

22,342

15,737

Less: Net Loss Attributable to Noncontrolling Interest

-

-

-

-356

-337

-1,260

-747

86

-15

-

-

Net Income (Loss) Attributable to Parent

-

-

-

-14,179

-37,892

-32,157

8,851

42,473

44,160

22,342

-

Participating Securities, Distributed and Undistributed Earnings (Loss), Basic

221

202

-141

243

-717

-559

129

443

-

-

-

Net Income (Loss) Available to Common Stockholders, Basic

13,732

11,980

-6,908

-13,936

-37,175

-31,598

8,722

42,030

-

-

15,737

Earnings Per Share [Abstract]
Earnings Per Share, Basic

0.63

0.55

-0.32

-0.65

-1.76

-1.51

0.42

2.02

2.21

1.25

0.89

Earnings (Loss) per share - diluted (in dollars per share)

0.63

0.55

-0.32

-0.65

-1.76

-1.51

0.41

2.00

2.18

1.23

0.88

Weighted Average Number of Shares Outstanding, Basic

21,946

21,809

21,543

21,294

21,111

20,989

20,894

20,787

19,809

17,658

17,593

Weighted Average Number of Shares Outstanding, Diluted

21,953

21,816

21,543

21,294

21,111

20,989

21,040

20,987

20,110

17,961

17,828