TENNANT COMPANY TNC Income Statement

Tennant company (TNC)

Income statement / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'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	Sep'10	Jun'10
Revenues
252,100	294,700	280,700	299,700	262,500	285,200	273,300	292,200	272,800	279,329	261,921	270,791	191,059	211,746	200,134	216,828	179,864	205,853	204,802	215,404	185,740	216,277	202,643	219,084	183,979	195,140	188,541	200,238	168,092	187,507	178,268	199,493	173,712	193,158	186,990	201,259	172,591	168,637	166,137
Cost of Sales
148,000	176,000	166,700	178,900	154,300	173,100	166,700	175,000	163,700	168,423	157,317	166,237	111,323	118,237	114,839	121,539	102,362	118,564	116,145	120,371	107,659	123,193	115,480	123,821	107,062	111,358	106,679	112,497	95,569	104,044	100,705	110,542	98,393	109,629	106,737	117,791	100,660	96,775	94,594
Gross Profit
104,100	118,700	114,000	120,800	108,200	112,100	106,600	117,200	109,100	110,906	104,604	104,554	79,736	93,509	85,295	95,289	77,502	87,289	88,657	95,033	78,081	93,084	87,163	95,263	76,917	83,782	81,862	87,741	72,523	83,463	77,563	88,951	75,319	83,529	80,253	83,468	71,931	71,862	71,543
Operating Expense:
Research and Development Expense
7,400	8,900	8,200	8,400	7,200	7,300	7,500	7,900	8,000	7,761	7,907	7,886	8,446	10,026	8,418	8,390	7,904	8,094	8,207	8,404	7,710	7,456	6,844	7,651	7,481	7,220	7,970	7,821	7,518	7,705	7,353	6,935	7,270	33,668	7,240	-6,717	-6,280	7,114	6,408
Selling and Administrative Expense
82,300	90,200	84,300	92,500	90,200	91,600	83,700	90,300	90,700	87,807	85,711	87,326	73,956	61,277	60,623	64,253	62,439	61,430	64,681	64,042	62,117	63,013	63,215	64,471	60,199	58,893	57,663	58,298	58,122	56,788	57,193	60,419	59,714	308,347	57,250	-66,513	-57,459	54,227	54,506
Impairment of Long-Lived Assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	11,199	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss on Sale of Business
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-87	-62	0	0	0	0	-	-	-	-	-	-	-	-	-	784	-	-	-	0	-	-	-	-
Total Operating Expense
89,700	99,100	92,500	100,900	97,400	98,900	91,200	98,200	98,700	95,568	93,618	95,212	82,402	71,154	69,041	72,730	70,405	69,524	84,087	72,446	69,827	70,469	70,059	72,122	67,680	66,113	65,633	66,119	65,640	64,493	63,762	67,354	66,984	68,077	64,490	73,230	63,739	61,341	60,914
Profit from Operations
14,400	19,600	21,500	19,900	10,800	13,200	15,400	19,000	10,400	15,338	10,986	9,342	-2,666	22,355	16,254	22,559	7,097	17,765	4,570	22,587	8,254	22,615	17,104	23,141	9,237	17,669	16,229	21,622	6,883	18,970	13,801	21,597	8,335	15,452	15,763	10,238	8,192	10,521	10,629
Other Income (Expense):
Interest Income
-	-	-	-	-	-	-	900	700	825	698	793	84	142	107	40	41	27	42	53	50	48	84	95	75	95	67	114	114	200	229	330	310	276	224	184	68	52	31
Interest Expense
5,100	5,500	5,200	5,400	5,000	5,600	6,000	6,000	5,700	6,680	6,093	11,833	794	360	329	288	302	302	215	419	377	421	396	419	486	443	440	411	467	496	640	669	712	624	654	545	415	390	396
Net Foreign Currency Transaction Losses
-4,100	-100	-600	-200	200	200	-300	-300	-700	-1,025	-842	-336	-1,197	-567	-149	597	-273	-14	-272	-225	-443	-534	-276	328	-208	375	-303	-419	-324	92	-385	-880	-230	509	-1,390	913	527	130	-375
Other Income (Expense), Net
200	-600	100	1,400	-200	0	0	-500	-300	-7,126	-422	-384	32	-73	-10	-314	-36	-246	-174	-185	-52	-167	-162	-89	-31	-245	-157	-87	6	-137	99	41	35	46	0	-65	31	57	58
Total Other Expense, Net
-8,100	-5,400	-4,900	-3,300	-4,200	-4,800	-5,500	-5,900	-6,000	-14,006	-6,659	-11,760	-1,875	-858	-381	35	-570	-535	-619	-776	-822	-1,074	-750	-85	-650	-218	-833	-803	-671	-341	-697	-1,178	-597	207	-1,820	487	211	-151	-682
Profit Before Income Taxes
6,300	14,200	16,600	16,600	6,600	8,400	9,900	13,100	4,400	1,332	4,327	-2,418	-4,541	21,497	15,873	22,594	6,527	17,230	3,951	21,811	7,432	21,541	16,354	23,056	8,587	17,451	15,396	20,819	6,212	18,629	13,104	20,419	7,738	15,659	13,943	10,725	8,403	10,370	9,947
Income Tax Expense
1,100	3,100	2,000	1,800	1,200	600	200	400	1,100	4,515	731	238	-584	6,127	4,396	7,266	2,088	4,034	4,902	6,994	2,406	4,000	4,562	7,533	2,792	7,150	4,779	6,565	1,153	4,785	4,359	6,748	2,414	4,395	4,215	4,870	2,537	2,844	3,772
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
5,200	11,100	14,600	14,800	5,400	7,800	9,700	12,700	3,300	-3,183	3,596	-2,656	-3,957	-	-	15,328	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Income (Loss) Attributable to Noncontrolling Interest
-	-	0	0	-	-	0	0	-	28	37	-65	0	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Earnings Attributable to Tennant Company
5,200	11,000	14,600	14,800	5,400	7,700	9,700	12,700	3,300	-3,211	3,559	-2,591	-3,957	15,370	11,477	15,328	4,439	13,196	-951	14,817	5,026	17,541	11,792	15,523	5,795	10,301	10,617	14,254	5,059	13,844	8,745	13,671	5,324	11,264	9,728	5,855	5,866	7,526	6,175
Net Earnings (Loss) Attributable to Tennant Company per Share:
Earnings Per Share [Abstract]
Earnings Per Share, Basic
0.28	0.60	0.81	0.82	0.30	0.43	0.54	0.71	0.18	-0.18	0.20	-0.15	-0.22	0.87	0.66	0.88	0.25	0.75	-0.05	0.81	0.27	0.96	0.65	0.85	0.32	0.56	0.58	0.78	0.28	0.75	0.47	0.74	0.28	0.60	0.52	0.31	0.31	0.40	0.33
Earnings Per Share, Diluted
0.28	0.59	0.79	0.81	0.29	0.43	0.52	0.69	0.18	-0.18	0.20	-0.15	-0.22	0.85	0.64	0.85	0.25	0.73	-0.05	0.79	0.27	0.93	0.63	0.83	0.31	0.55	0.56	0.76	0.27	0.73	0.46	0.71	0.28	0.59	0.50	0.30	0.30	0.39	0.32
Weighted Average Shares Outstanding:
Weighted Average Number of Shares Outstanding, Basic
18,286	18,214	18,134	18,082	18,042	18,028	17,998	17,943	17,790	17,762	17,729	17,693	17,596	17,542	17,498	17,508	17,544	17,638	17,941	18,197	18,283	18,263	18,120	18,167	18,318	18,324	18,267	18,253	18,343	18,394	18,468	18,594	18,722	18,684	18,741	18,941	18,963	18,873	18,789
Weighted Average Number of Shares Outstanding, Diluted
18,666	18,584	18,487	18,394	18,345	18,297	18,439	18,371	18,245	17,320	18,171	17,693	17,596	18,020	17,973	17,933	17,977	18,579	17,941	18,672	18,780	18,813	18,635	18,675	18,839	18,844	18,811	18,787	18,889	18,935	19,040	19,203	19,228	19,147	19,271	19,467	19,556	19,402	19,302
Cash Dividend Declared per Common Share
-	-	-	0.22	-	-	-	0.21	0.21	-	0.21	0.21	0.21	0.21	0.20	0.20	0.20	0.20	0.20	0.20	0.20	0.20	0.20	0.20	0.18	0.18	0.18	0.18	0.18	0.18	0.17	0.17	0.17	0.17	0.17	0.17	0.17	0.14	0.14