Village farms international, inc. (VFF)
Income statement / Yearly
Dec'19Dec'18Dec'17
Income Statement [Abstract]
Sales

144,568

150,000

158,406

Cost of sales

151,913

140,683

144,433

Gross margin

-7,345

9,317

13,973

Selling, general and administrative expenses

16,762

14,108

14,875

Share-based compensation

4,714

1,454

1,519

Interest expense

2,614

2,794

2,695

Interest income

1,036

311

-

Foreign exchange (loss) gain

433

-1,047

26

Other income (expense)

268

131

46

(Loss) gain on disposal of assets

13,564

-

-8

Loss on write-off of investment (note 5)

-1,184

-

-

(Loss) income before taxes and earnings from unconsolidated entities

-17,318

-9,644

-5,052

Benefit of (provision for) income taxes

-5,866

-2,300

-763

Income from consolidated entities after income taxes

-11,452

-7,344

-4,289

Equity earnings from unconsolidated entities

13,777

-171

-468

Net income

2,325

-7,515

-4,757

Earnings per share:
Basic income per share

0.05

-0.17

-0.12

Diluted income per share

0.05

-0.17

-0.12

Weighted average number of common shares used in the computation of net income per share (in thousands):
Basic

49,418

44,356

39,143

Diluted

51,178

44,356

39,143

Net income

2,325

-7,515

-4,757

Other comprehensive (loss) income:
Foreign currency translation adjustment

87

-171

150

Comprehensive income

2,412

-7,686

-4,607