Virco mfg corporation (VIRC)
Income statement / Quarterly
Jan'20Oct'19Jul'19Apr'19Jan'19Oct'18Jul'18Apr'18Jan'18Oct'17Jul'17Apr'17Jan'17Oct'16Jul'16Apr'16Jan'16Oct'15Jul'15Apr'15Jan'15Oct'14Jul'14Apr'14Jan'14Oct'13Jul'13Apr'13Jan'13Oct'12Jul'12Apr'12Jan'12Oct'11Jul'11Apr'11Oct'10Jul'10
Net sales

-

-

-

26,893

-

-

-

22,569

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Costs of goods sold

-

-

-

17,809

-

-

-

14,884

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net sales

-

-

-

-

-

-

-

-

24,622

68,794

72,636

23,235

23,441

67,795

61,354

20,827

19,494

64,981

61,072

23,048

24,975

62,652

53,042

23,383

18,765

59,454

56,933

19,890

17,211

56,642

60,392

23,668

26,294

53,074

62,817

24,256

60,779

72,363

Costs of goods sold

-

-

-

-

-

-

-

-

18,728

44,327

45,953

14,808

17,010

43,484

37,616

12,764

15,284

41,771

37,076

14,854

19,354

41,601

32,346

15,353

15,367

38,293

35,347

13,481

15,754

37,324

37,525

16,701

20,837

37,033

42,935

17,478

43,586

49,391

Gross profit

-

-

-

9,084

-

-

-

7,685

5,894

24,467

26,683

8,427

6,431

24,311

23,738

8,063

4,210

23,210

23,996

8,194

5,621

21,051

20,696

8,030

3,398

21,161

21,586

6,409

1,457

19,318

22,867

6,967

5,457

16,041

19,882

6,778

17,193

22,972

Selling, general and administrative expenses

-

-

-

12,681

-

-

-

12,154

10,579

19,798

18,278

11,692

11,686

17,780

16,226

10,909

9,881

16,674

16,055

11,043

10,288

16,258

14,620

11,575

10,952

16,653

14,417

10,565

9,529

16,166

15,145

11,529

12,599

14,966

16,714

11,936

17,063

17,599

Loss (gain) on sale of property, plant & equipment

-

-

-

0

-

-

-

1

0

15

1

0

0

1

0

1

0

-17

0

8

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Restructuring expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

62

-

-

-

-

-

-

0

0

-

-

3,901

-

-

-

-

Operating income

-

-

-

-3,597

-

-

-

-4,468

-4,685

4,684

8,406

-3,265

-5,255

6,532

7,512

-2,845

-5,671

6,519

7,941

-2,841

-

-

6,014

-3,545

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Pension expense

-

-

-

188

-

-

-

120

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Restructuring Costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

791

412

-

-

-

-

-

-

-

-

-

-

-

Interest expense, net

-

-

-

700

-

-

-

446

265

456

529

295

141

326

486

264

151

379

453

298

227

393

505

329

179

323

472

328

443

395

463

255

217

298

393

214

253

395

Income (loss) before income taxes

-

-

-

-4,485

-

-

-

-5,034

-6,131

4,228

7,877

-3,560

-5,396

6,206

7,026

-3,109

-5,822

6,140

7,488

-3,139

-

-

5,509

-3,874

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income (loss) before income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,400

-

-

-

3,394

6,285

-4,484

-

2,757

7,259

-4,817

-8,027

-3,124

2,775

-5,372

-123

4,978

Income tax expense

-

-

-

-1,418

-

-

-

-1,462

2,419

1,704

2,849

-1,349

-410

-17,792

140

29

-96

137

38

39

14

-232

306

-19

-1,027

-14

75

-37

-280

-151

206

16

-191

175

43

28

-277

941

Net income (loss)

-4,310

3,892

5,867

-3,067

-6,449

2,932

5,475

-3,572

-8,550

2,524

5,028

-2,211

-4,986

23,998

6,886

-3,138

-5,726

6,003

7,450

-3,178

-5,131

4,632

5,203

-3,855

-6,901

3,408

6,210

-4,447

-8,958

2,908

7,053

-4,833

-7,836

-3,299

2,732

-5,400

154

4,037

Cash dividends

-

0

0

-

-

234

232

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other Comprehensive (Income) Loss, Defined Benefit Plan, after Reclassification Adjustment, after Tax

-

-130

-130

-

-

-1,376

1,476

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Shares vested and others

-

0

-245

-

-

0

-266

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Stock compensation expense

-

262

237

-

-

235

210

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net loss per common share-Basic and diluted

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.38

-

-

Dividend declared per share: Cash (usd per share)

-

-

-

-

-

-

-

-

-

0.00

0.00

0.00

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.00

0.00

0.00

0.05

0.05

-

Net income (loss) per common share:
Basic

-

-

-

-0.20

-

-

-

-0.23

-0.55

0.16

0.33

-0.15

-0.33

1.59

0.46

-0.21

-0.38

0.40

0.50

-0.21

-0.34

0.31

0.35

-0.26

-0.47

0.23

0.43

-0.31

-0.62

0.20

0.49

-0.34

-

-0.23

0.19

-

0.01

0.28

Diluted

-

-

-

-0.20

-

-

-

-0.23

-0.55

0.16

0.33

-0.15

-0.32

1.57

0.45

-0.21

-0.37

0.39

0.49

-0.21

-0.34

0.31

0.35

-0.26

-0.46

0.23

0.42

-0.31

-0.62

0.20

0.49

-0.34

-

-0.23

0.19

-

0.01

0.28

Weighted average shares outstanding:
Basic

-

-

-

15,486

-

-

-

15,317

15,320

15,317

15,211

15,128

15,133

15,128

15,036

14,971

14,974

14,971

14,887

14,824

14,757

14,824

14,725

14,718

14,822

14,647

14,570

14,441

14,442

14,441

14,369

14,296

-

14,285

14,274

-

14,152

14,168

Diluted

-

-

-

15,486

-

-

-

15,317

15,080

15,483

15,285

15,128

15,653

15,293

15,147

14,971

15,148

15,324

15,176

14,824

15,302

15,054

14,874

14,718

14,602

14,790

14,647

14,441

14,228

14,629

14,395

14,296

-

14,285

14,292

-

14,174

14,174

Accumulated Deficit
Net income (loss)

-

3,892

5,867

-

-

2,932

5,475

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash dividends

-

0

0

-

-

234

232

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accumulated Other Comprehensive income
Other Comprehensive (Income) Loss, Defined Benefit Plan, after Reclassification Adjustment, after Tax

-

-130

-130

-

-

-1,376

1,476

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Common Stock
Shares vested and others (shares)

-

0

171

-

-

0

184

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Shares vested and others

-

0

2

-

-

0

1

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Additional Paid-in Capital
Shares vested and others

-

0

-247

-

-

0

-267

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Stock compensation expense

-

262

237

-

-

235

210

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-