Trimas corporation (TRS)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09
Net sales

723,530

705,030

656,160

794,020

863,980

887,300

799,700

1,267,510

1,083,960

902,460

777,050

Cost of sales

529,630

504,920

466,880

583,220

627,870

650,290

573,660

925,090

766,260

631,410

572,540

Gross profit

193,900

200,110

189,280

210,800

236,110

237,010

226,040

342,420

317,700

271,050

204,510

Selling, general and administrative expenses

102,530

91,210

99,900

151,960

162,350

146,590

138,540

214,630

186,520

160,190

146,420

Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property

-150

-90

3,340

-1,870

-2,330

-3,770

9,710

280

140

-1,520

-450

Goodwill and Intangible Asset Impairment

-

-

-

98,900

75,680

0

0

-

-

-

-

Estimated future unrecoverable lease obligations

-

-

-

-

-

-

-

-

-

-

5,250

Fees incurred under advisory services agreement

-

-

-

-

-

-

-

-

-

-

2,890

Operating profit

91,220

108,810

92,720

-41,930

-4,250

86,650

97,210

128,070

131,320

109,340

49,500

Other expense, net:
Interest expense

13,950

13,910

14,390

13,720

14,060

9,590

15,270

35,800

44,480

51,830

45,100

Debt financing and related expenses

-

-

-

0

-1,970

-3,360

-2,460

-46,810

-3,970

0

17,990

Other expense, net

990

-2,540

-8,450

-2,580

-1,840

-4,100

-3,330

-2,970

-3,130

-1,080

-1,770

Other expense, net

-12,960

-16,450

-22,840

-16,300

-17,870

-17,050

-21,060

-85,580

-51,580

-52,910

-28,880

Income before income tax expense

78,260

92,360

69,880

-58,230

-22,120

69,600

76,150

42,490

79,740

56,430

20,620

Income tax expense

16,320

18,650

33,920

-18,430

6,540

22,710

16,910

6,060

28,930

17,500

8,180

Income from continuing operations

-

-

-

-

-

46,890

59,240

36,430

50,810

38,930

-

Income from discontinued operations, net of tax

-

-

-

-

-

22,390

20,830

-140

9,550

6,340

-

Net income (loss)

-

-

-

-

-

69,280

80,070

36,290

60,360

45,270

-

Net income attributable to noncontrolling interest

-

-

-

-

-

810

4,520

2,410

0

0

-

Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent

61,940

73,710

35,960

-

-28,660

-

-

-

-

-

12,440

Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent

36,680

9,590

-5,000

-

-4,740

-

-

-

-

-

-12,660

Net income

98,620

83,300

30,960

-39,800

-33,400

68,470

75,550

33,880

60,360

45,270

-220

Basic earnings per share
Continuing operations

1.37

1.61

0.79

-

-0.64

1.03

1.34

0.90

1.48

1.15

0.37

Discontinued operations

0.81

0.21

-0.11

-

-0.10

0.50

0.51

0.00

0.28

0.19

-0.38

Net income per share

2.18

1.82

0.68

-0.88

-0.74

1.53

1.85

0.90

1.76

1.34

-0.01

Weighted average common shares—basic

45,303

45,824

45,682

45,407

45,123

44,881

40,926

37,520

34,246

33,761

33,489

Diluted earnings per share
Continuing operations

1.36

1.60

0.78

-

-0.64

1.02

1.32

0.89

1.46

1.13

0.36

Discontinued operations

0.80

0.20

-0.11

-

-0.10

0.49

0.51

0.00

0.27

0.18

-0.37

Net income per share

2.16

1.80

0.67

-0.88

-0.74

1.51

1.83

0.89

1.73

1.31

-0.01

Weighted average common shares—diluted

45,595

46,170

45,990

45,407

45,123

45,269

41,395

37,949

34,779

34,435

33,892