Trimas corporation (TRS)
Income statement / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Sep'10Jun'10
Net sales

182,790

170,920

236,830

239,370

173,370

39,240

223,780

224,910

217,100

33,630

209,330

213,370

199,830

185,530

202,290

203,320

202,880

192,760

222,190

224,900

224,130

74,870

222,330

224,710

365,390

-271,020

354,910

378,030

337,780

295,640

335,870

338,430

297,570

259,650

277,660

288,090

258,560

237,730

252,060

Cost of sales

136,420

53,440

175,590

174,020

126,580

26,010

162,060

160,130

156,720

14,530

150,440

153,900

148,010

145,780

144,240

146,240

146,960

143,760

159,720

163,180

161,210

56,430

162,460

161,950

269,450

-216,240

260,800

274,720

254,380

218,160

245,730

242,540

218,660

184,000

195,720

199,800

186,740

165,660

173,750

Gross profit

46,370

44,330

61,240

65,350

46,790

13,230

61,720

64,780

60,380

19,100

58,890

59,470

51,820

39,750

58,050

57,080

55,920

49,000

62,470

61,720

62,920

18,440

59,870

62,760

95,940

-54,780

94,110

103,310

83,400

77,480

90,140

95,890

78,910

75,650

81,940

88,290

71,820

72,070

78,310

Selling, general and administrative expenses

26,540

8,750

32,550

34,240

26,990

940

31,840

33,260

25,170

340

30,600

33,050

35,910

33,810

40,260

38,420

39,470

39,030

40,910

42,510

39,900

6,180

39,350

37,390

63,670

-43,680

60,890

61,670

59,660

57,900

53,550

52,710

50,470

49,340

46,170

47,470

43,540

40,130

41,370

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

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

10,360

-

-

-50

10

20

300

90

20

-40

70

-210

-420

Operating profit

19,830

11,620

28,690

31,110

19,800

12,200

29,880

31,520

35,210

22,100

28,290

26,420

15,910

-94,830

17,790

18,660

16,450

-68,040

21,560

19,210

23,020

8,490

20,520

25,370

32,270

-11,750

43,580

41,640

23,740

19,530

36,600

43,200

28,740

26,400

35,790

40,780

28,350

31,730

36,520

Other expense, net:
Interest expense

3,580

3,500

3,520

3,490

3,440

3,250

3,480

3,480

3,700

4,030

3,390

3,420

3,550

3,490

3,480

3,310

3,440

3,450

3,440

3,720

3,450

1,920

2,080

2,120

3,470

-1,050

5,570

5,540

5,210

5,380

9,450

10,300

10,670

10,110

10,730

11,620

12,020

12,550

13,090

Debt financing and related expenses

-

-

-

-

-

-

-

-

-

-

-6,640

-

-

-

0

-

-

-

0

-1,970

-

-

0

0

-

-

-

-

-

-

0

-6,560

-

-

0

-3,970

-

-

-

Debt extinguishment costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

Gain on bargain purchase

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

410

Other expense, net

-80

-400

610

1,350

-570

-210

410

-2,180

-560

-7,160

-370

-140

-780

-2,450

-200

130

-60

490

-720

-290

-1,320

-40

-1,730

-1,380

-950

-3,880

2,480

300

-2,230

-560

140

-910

-1,640

-1,960

540

-550

-1,160

-200

-540

Other expense, net

-3,660

-3,900

-2,910

-2,140

-4,010

-3,460

-3,070

-5,660

-4,260

-4,550

-10,400

-3,560

-4,330

-5,940

-3,680

-3,180

-3,500

-2,960

-4,160

-5,980

-4,770

-5,320

-3,810

-3,500

-4,420

-5,290

-3,090

-5,240

-7,440

-46,190

-9,310

-17,770

-12,310

-12,070

-10,190

-16,140

-13,180

-12,750

-13,220

Income before income tax expense

16,170

7,720

25,780

28,970

15,790

8,740

26,810

25,860

30,950

17,550

17,890

22,860

11,580

-100,770

14,110

15,480

12,950

-71,000

17,400

13,230

18,250

3,170

16,710

21,870

27,850

-17,040

40,490

36,400

16,300

-26,660

27,290

25,430

16,430

14,330

25,600

24,640

15,170

18,980

23,300

Income tax expense

3,050

1,460

6,670

6,950

1,240

1,620

4,140

6,260

6,630

16,560

4,760

8,010

4,590

-33,410

5,330

5,000

4,650

-10,200

5,690

4,740

6,310

1,040

5,620

7,430

8,620

-4,890

10,240

9,300

2,260

-13,710

7,330

8,260

4,180

7,200

8,620

8,630

4,480

7,030

8,080

Income from continuing operations

13,120

-

-

-

14,550

-

-

-

-

-

-

-

-

-

-

-

-

-

11,710

8,490

11,940

2,130

11,090

14,440

19,230

-

30,250

27,100

-

-12,950

19,960

17,170

12,250

7,130

16,980

16,010

10,690

11,950

15,220

Income from discontinued operations, net of tax

0

-

-

-

4,540

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-6,780

2,040

-660

11,140

11,760

150

-

-300

700

-

-

0

0

-

6,120

1,290

1,080

1,060

770

6,210

Net income (loss)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,470

22,230

26,200

19,380

8,280

29,950

27,800

14,040

-13,090

19,960

17,170

12,250

13,250

18,270

17,090

11,750

12,720

21,430

Net income attributable to noncontrolling interest

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

810

1,430

1,320

910

860

850

1,290

510

-240

0

0

0

0

-

-

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

-

13,430

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

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

-

24,970

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income

13,120

38,400

19,110

22,020

19,090

16,710

22,670

19,600

24,320

-4,010

13,130

14,850

6,990

-67,360

8,780

10,480

8,300

-60,800

11,710

1,710

13,980

1,470

22,230

26,200

18,570

6,850

28,630

26,890

13,180

-13,940

18,670

16,660

12,490

13,250

18,270

17,090

11,750

-

-

Basic earnings per share
Continuing operations

0.30

0.30

-

-

0.32

-

-

-

-

-

-

-

-

-

-

-

-

-1.35

0.26

0.19

0.26

0.06

0.24

0.32

0.41

-

0.72

0.66

-

-

0.48

0.45

-

0.20

0.49

0.47

0.32

0.36

0.45

Discontinued operations

0.00

0.56

-

-

0.10

-

-

-

-

-

-

-

-

-

-

-

-

0.00

0.00

-0.15

0.05

-0.01

0.25

0.26

0.00

-

-0.01

0.02

-

-

0.00

0.00

-

0.18

0.04

0.03

0.03

0.02

0.18

Net income per share

0.30

0.86

0.42

0.48

0.42

0.37

0.49

0.43

0.53

-0.08

0.29

0.32

0.15

-1.48

0.19

0.23

0.18

-1.35

0.26

0.04

0.31

0.05

0.49

0.58

0.41

0.12

0.71

0.68

0.34

-0.39

0.48

0.45

0.36

0.38

0.53

0.50

0.35

0.38

0.63

Weighted average common shares—basic

44,201

44,868

45,175

45,592

45,578

45,747

45,850

45,920

45,779

45,721

45,721

45,717

45,570

45,484

45,435

45,429

45,278

45,188

45,157

45,150

44,997

44,938

44,919

44,901

44,768

44,698

40,345

39,425

39,234

39,101

39,045

37,345

34,592

34,437

34,417

34,215

33,913

33,827

33,794

Diluted earnings per share
Continuing operations

0.30

0.30

-

-

0.32

-

-

-

-

-

-

-

-

-

-

-

-

-1.35

0.26

0.19

0.26

0.05

0.24

0.32

0.41

-

0.71

0.65

-

-

0.47

0.44

-

0.20

0.49

0.46

0.31

0.35

0.44

Discontinued operations

0.00

0.55

-

-

0.10

-

-

-

-

-

-

-

-

-

-

-

-

0.00

0.00

-0.15

0.05

-0.02

0.25

0.26

0.00

-

-0.01

0.02

-

-

0.00

0.00

-

0.18

0.03

0.03

0.03

0.02

0.18

Net income per share

0.30

0.85

0.42

0.48

0.42

0.36

0.49

0.42

0.53

-0.09

0.29

0.32

0.15

-1.48

0.19

0.23

0.18

-1.35

0.26

0.04

0.31

0.03

0.49

0.58

0.41

0.13

0.70

0.67

0.33

-0.38

0.47

0.44

0.36

0.38

0.52

0.49

0.34

0.37

0.62

Weighted average common shares—diluted

44,470

45,144

45,415

45,828

45,992

46,085

46,166

46,200

46,229

46,100

46,029

45,922

45,908

44,487

45,760

45,726

45,654

44,175

45,499

45,418

45,400

45,384

45,276

45,230

45,186

45,159

40,746

39,886

39,790

39,565

39,508

37,694

35,027

34,848

34,901

34,769

34,599

34,512

34,437