UFP TECHNOLOGIES INC UFPT Income Statement

Ufp technologies inc (UFPT)

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
Net sales
48,277	50,260	49,394	51,399	47,328	50,697	47,808	49,019	42,931	37,220	35,684	37,886	37,053	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cost of sales
35,454	36,490	36,073	37,028	34,831	37,991	35,377	36,033	32,746	29,383	27,491	27,945	27,537	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net sales
-	-	-	-	-	-	-	-	-	-	-	-	-	-	37,220	37,902	34,503	33,933	34,441	36,499	33,977	35,267	35,406	34,025	34,609	34,994	34,700	35,832	33,697	33,370	31,966	33,672	31,952	31,477	30,761	33,500	31,503	30,467	29,957
Cost of sales
-	-	-	-	-	-	-	-	-	-	-	-	-	-	28,768	27,616	26,776	24,920	24,931	26,206	25,339	26,861	25,654	24,480	25,432	23,763	24,538	25,113	24,795	23,169	22,740	23,982	22,750	22,521	22,277	23,497	22,702	21,562	20,910
Gross profit
12,823	13,770	13,321	14,371	12,497	12,706	12,431	12,986	10,185	7,837	8,193	9,941	9,516	8,185	8,452	10,286	7,727	9,013	9,510	10,293	8,638	8,406	9,752	9,545	9,177	11,231	10,162	10,719	8,902	10,201	9,225	9,690	9,201	8,955	8,484	10,003	8,801	8,905	9,046
Selling, general and administrative expenses
7,752	7,025	7,183	7,799	7,244	7,104	6,541	7,417	6,592	5,654	5,693	6,061	6,316	5,704	6,027	6,470	5,904	5,604	5,604	6,776	6,024	5,480	5,940	6,535	5,892	5,906	5,678	6,075	5,946	5,599	5,155	5,391	5,518	4,734	5,219	5,686	5,725	5,102	5,387
Acquisition costs
-	-	0	0	-	0	1	19	1,069	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Restructuring costs
-	-	-	-	-	-	-	-	-	-	0	63	-	217	25	55	123	797	851	30	78	460	772	234	90	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Material overcharge settlement
-	-	-	-	-	-	-	104	-	-	0	121	-	-	1,681	432	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Material overcharge settlement
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on sale of fixed assets
4	-	-	0	-	-3	-5	15	40	-4	0	-8	5	-6	0	0	4	-7	0	0	31	-	58	12	-	-	-	-11	-	-0	0	6	5	4	0	0	833	-	12
Operating income
5,075	6,745	6,138	6,572	5,253	5,494	5,885	5,669	2,564	2,058	2,500	3,930	3,205	2,259	4,081	4,193	1,704	2,605	3,055	3,487	2,567	2,480	3,098	2,788	3,195	5,325	4,484	4,633	2,956	4,601	4,070	4,305	3,688	4,225	3,264	4,316	3,909	3,803	3,671
Interest income
-	-	0	0	-	3	12	7	25	69	63	42	42	45	42	32	30	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest expense
16	84	165	194	231	288	355	404	273	11	12	13	14	16	17	17	19	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest income (expense), net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-20	-27	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other expense
-327	73	-24	-198	-239	-74	85	3	50	-	0	0	0	-	-	-	-	-	-	-	-	-	101	100	-	-	-	-	-	0	0	0	-2	-	-	-	-	-	-
Interest income (expense), net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	9	8	-24	-	-	-	-22	-77	-43	-45	-40	-46	-13	-14	-15	-12	-5	-11	2	-34	-34
Income before income tax expense
4,732	6,734	5,949	6,180	4,783	5,135	5,627	5,275	2,366	2,116	2,551	3,959	3,233	2,288	4,106	4,208	1,715	2,639	3,064	3,495	2,543	-	3,179	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income before income tax expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,861	3,173	-	4,441	4,588	2,916	4,555	4,056	4,291	3,670	4,212	3,258	4,305	3,912	3,768	3,637
Income tax expense
841	957	308	1,582	1,049	725	1,493	1,285	589	-598	856	1,329	1,062	797	1,437	1,473	640	963	1,072	1,223	890	981	1,113	1,001	1,111	1,871	1,554	1,606	886	1,352	1,460	1,544	1,322	1,204	819	1,602	1,279	1,388	1,339
Net income
3,891	5,777	5,641	4,598	3,734	4,410	4,134	3,990	1,777	2,714	1,695	2,630	2,171	1,491	2,669	2,735	1,075	1,676	1,992	2,272	1,653	-	2,066	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,281
Net income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,008	2,439	2,702	2,633	2,379	2,297
Net income attributable to non-controlling interests
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4	4	0	428	14	15
Net income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,860	2,062	-	2,887	2,982	2,030	-	2,596	2,747	2,348	3,004	2,435	2,701	2,204	2,364	-
Net income per share:
Basic (in dollars per share)
0.52	0.78	0.76	0.62	0.50	0.61	0.56	0.54	0.24	0.38	0.23	0.36	0.30	0.21	0.37	0.38	0.15	0.24	0.28	0.32	0.23	0.22	0.29	0.27	0.30	0.49	0.42	0.44	0.30	0.47	0.39	0.41	0.36	0.47	0.37	0.42	0.34	0.38	0.37
Diluted (in dollars per share)
0.52	0.76	0.75	0.62	0.50	0.59	0.56	0.54	0.24	0.37	0.23	0.36	0.30	0.20	0.37	0.38	0.15	0.22	0.28	0.32	0.23	0.21	0.29	0.26	0.29	0.47	0.41	0.42	0.29	0.46	0.37	0.39	0.33	0.42	0.35	0.39	0.32	0.35	0.34
Weighted average common shares outstanding:
Basic (in shares)
7,457	7,439	7,432	7,423	7,402	7,375	7,366	7,347	7,300	7,273	7,264	7,239	7,216	7,217	7,195	7,175	7,173	7,085	7,131	7,116	7,076	7,060	7,055	7,025	6,972	6,890	6,840	6,798	6,768	6,712	6,720	6,693	6,588	6,533	6,510	6,465	6,393	6,214	6,138
Diluted (in shares)
7,538	7,638	7,493	7,467	7,466	7,494	7,435	7,413	7,378	7,375	7,353	7,323	7,297	7,315	7,282	7,250	7,253	7,191	7,230	7,210	7,193	7,198	7,186	7,168	7,148	7,130	7,112	7,090	7,088	6,952	7,074	7,055	7,030	7,045	6,999	6,981	6,969	6,784	6,725