VOXX International Corporation VOXX Income Statement

Voxx international corporation (VOXX)

Income statement / TTM

Nov'19	Aug'19	May'19	Feb'19	Nov'18	Aug'18	May'18	Feb'18	Nov'17	Aug'17	May'17	Feb'17	Nov'16	Aug'16	May'16	Feb'16	Nov'15	Aug'15	May'15	Feb'15	Nov'14	Aug'14	May'14	Feb'14	Nov'13	Aug'13	May'13	Feb'13	Nov'12	Aug'12	May'12	Feb'12	Nov'11	Aug'11	May'11	Aug'10
Net sales
401,269	420,794	439,415	446,816	0	0	0	-	0	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cost of sales
296,273	308,339	319,666	325,399	0	0	0	-	0	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Revenue, Net
-	-	-	-	-	-	-	-	-	469,042	473,897	514,530	450,335	485,430	521,279	530,206	680,963	711,813	734,982	757,498	774,703	797,161	803,636	809,709	829,394	826,616	834,513	835,577	805,384	769,151	735,773	707,062	659,762	0	0	0
Cost of Goods Sold
-	-	-	-	-	-	-	-	-	344,991	345,824	370,500	333,468	356,368	379,685	386,670	482,646	500,382	516,122	533,628	547,454	570,071	574,848	579,461	590,290	586,361	593,674	598,755	574,691	548,564	526,010	504,107	484,899	0	0	0
Gross profit
104,996	112,455	119,749	121,417	129,876	132,472	129,830	132,297	244,114	246,243	250,265	266,222	116,867	129,062	141,594	143,536	198,317	211,431	218,860	223,870	227,249	227,090	228,788	230,248	239,104	240,255	240,839	236,822	230,693	220,587	209,763	202,955	174,863	0	0	0
Operating expenses:
Selling
38,416	39,199	40,102	40,915	42,242	43,236	44,284	45,999	77,526	77,250	76,522	76,777	41,063	42,446	43,202	43,576	49,089	50,248	52,578	54,136	56,203	57,606	57,198	55,725	54,500	52,989	51,894	51,976	49,786	48,891	48,583	47,282	43,346	0	0	0
General and administrative
69,199	68,992	68,248	66,935	69,494	71,270	74,872	78,957	138,668	140,509	137,890	144,764	65,895	75,332	83,614	84,234	110,089	110,140	112,925	114,849	117,739	119,574	119,529	118,852	119,590	117,818	118,366	114,653	109,527	104,617	95,791	93,219	84,190	0	0	0
Engineering and technical support
21,939	23,248	24,283	24,387	24,491	24,384	25,697	26,440	49,815	50,790	50,016	56,841	24,057	26,280	28,323	22,923	35,768	35,412	35,975	37,157	38,039	34,676	34,687	34,161	29,630	30,828	28,295	26,971	25,028	22,111	19,425	15,825	15,479	0	0	0
Intangible asset impairment charges
-	-	-	-	-	0	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Goodwill, Impairment Loss
-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Asset Impairment Charges
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Restructuring expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,324	1,324	1,292	0	-	0	0	-	-	-	-	-	-
Acquisition related costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	-	-	-	-	-	-	1,526	2,855	2,824	3,008	2,755	1,607	0	0	0
Total operating expenses
150,117	152,002	163,010	162,614	146,041	148,704	144,853	151,396	266,009	268,549	264,428	278,382	133,875	147,718	165,009	160,603	203,090	203,144	202,612	207,276	269,542	269,449	269,996	267,623	204,863	202,802	198,788	195,126	187,196	178,443	166,807	159,081	144,622	0	0	0
Operating income (loss)
-45,121	-39,547	-43,261	-41,197	-16,165	-16,232	-15,023	-19,099	-21,895	-22,306	-14,163	-12,160	-17,008	-18,656	-23,415	-17,067	-4,773	8,287	16,248	16,594	-42,293	-42,359	-41,208	-37,375	34,241	37,453	42,051	41,696	43,497	42,144	42,956	43,874	30,241	0	0	0
Other income (expense):
Interest and bank charges
3,693	4,116	4,346	4,449	4,550	4,591	5,317	6,009	11,955	12,641	12,527	12,430	8,259	8,130	8,026	7,898	6,805	6,858	6,810	6,851	6,795	6,800	7,022	7,394	0	0	0	-	7,607	6,692	6,391	5,630	4,725	0	0	0
Equity in income of equity investee
5,144	5,872	6,244	6,618	6,590	6,899	7,189	7,178	12,531	12,458	12,076	12,081	6,820	6,816	6,728	6,538	6,237	5,555	5,553	5,866	5,929	6,204	6,245	6,070	5,922	5,582	5,279	4,880	4,510	4,566	4,263	4,035	4,095	0	0	0
Gain on sale of real property (see Note 19)
0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Allowance for Loan and Lease Losses, Write-offs
-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Investment gain
-	0	-	-	-	-	-	-	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Foreign Currency Transaction Gain (Loss), before Tax
-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-
Impairment of Venezuela investment properties
-	-	-	-	-	0	-	-	0	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Foreign Currency Translation Gain (Loss)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-
Business Combination, Bargain Purchase, Gain Recognized, Amount
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other, net
1,273	1,855	1,560	577	1,742	1,959	-5,922	-7,590	-8,613	-8,969	-1,117	-622	-695	-180	-212	576	1,182	688	1,220	1,495	2,005	7,428	12,402	11,867	18,345	13,556	7,516	-2,156	-8,556	-12,640	-13,524	-3,387	-3,556	0	0	0
Nonoperating Income (Expense)
-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total other income (expense), net
0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	16,131	10,546	4,294	-6,041	-11,653	-14,766	-15,652	-4,982	-4,186	0	0	0
Income (loss) before income taxes
-54,604	-52,200	-60,315	-58,963	-15,856	-15,438	-17,657	-24,104	-28,516	-30,042	-15,731	-13,131	-19,142	-15,471	-20,246	-13,172	-9,656	-2,504	-299	696	-47,224	-41,597	-29,304	-26,655	50,372	47,999	46,345	35,655	31,844	27,378	27,304	38,892	26,055	0	0	0
Income tax expense (benefit)
-8,088	-14,886	-7,663	-6,131	-9,767	-6,257	-11,130	-17,445	-4,193	131	-8,877	-2,841	-6,321	-7,109	-4,019	-2,351	3,737	1,353	1,846	1,638	-11,627	-5,802	-1,054	-58	17,673	17,522	17,011	13,163	8,757	8,635	8,842	13,243	10,626	0	0	0
Net income (loss)
-46,516	-37,314	-52,652	-52,832	-3,812	-7,272	30,313	27,959	14,084	10,885	-2,894	0	0	0	-	-6,063	-13,393	-3,857	-2,145	-942	-35,597	-35,795	-28,250	-26,597	0	0	0	-	23,087	18,743	18,462	25,649	15,429	0	0	0
Less: net loss attributable to non-controlling interest
-5,308	-5,853	-6,352	-6,741	-6,866	-6,759	-7,083	-7,345	-13,057	-13,412	-13,105	-13,042	-7,108	-6,909	-5,193	-3,381	-1,691	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest
-	-	-	-	-	-	-	-6,659	-24,323	-30,173	-6,854	-10,290	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Discontinued Operation, Tax Effect of Discontinued Operation
-	-	-	-	-	-	-	-	0	0	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent
-	-	-	-	-	-	-	34,618	38,407	41,058	3,960	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income (loss) attributable to VOXX International Corporation
-41,208	-31,461	-46,300	-46,091	3,054	-513	37,396	35,304	27,141	24,297	10,211	8,934	-839	1,138	-6,276	-2,682	18,291	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other comprehensive (loss) income:
Foreign currency translation adjustments
-1,183	-2,151	-1,986	-3,195	0	0	0	-	-	-	-	0	-	-	-	-5,702	-26,413	-26,762	-35,526	-33,170	-14,304	-1,304	7,454	5,575	6,536	3,347	1,021	-1,281	-6,129	-8,214	0	-	0	0	-	-
Derivatives designated for hedging
0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Gain (Loss) Arising During Period, Net of Tax
-	-	-	-	-	-	-	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-
Other Comprehensive Income (Loss), Derivatives Qualifying as Hedges, Net of Tax
-	-	-	-	-	-	-	-698	-750	-224	-111	450	-527	-1,311	-2,267	-2,440	56	666	1,954	3,258	1,311	-11	-319	-648	-611	40	-159	-174	-205	694	869	-131	0	0	0	-
Pension plan adjustments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	-	-	-	-
Pension plan adjustments
44	26	34	12	-3,241	-3,223	-1,412	-1,496	1,868	1,966	162	224	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other-than-temporary impairment loss on available for sale investment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-
Unrealized holding gain on available-for-sale investment securities, net of tax
-	-	0	24	0	0	0	-	-	-	-	0	-	-	-	20	-33	-33	-31	-27	7	2	0	-	0	0	-	-	0	0	-	-	-	-	0	-
Other Comprehensive Income (Loss), Securities, Available-for-sale, Adjustment, after Tax
-	-	-	-	-	-	-	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Reclassificaton adjustment of other-than-temporary impairment loss on available-for-sale investment into net income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-
Unrealized holding gain (loss) on available-for-sale investment securities arising during the period, net of tax
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-
Other comprehensive (loss) income, net of tax
-1,579	-2,492	-2,108	-2,722	-1,505	-261	21,975	29,676	25,290	19,407	-3,528	-6,069	174	-1,859	-427	-7,482	-27,783	-27,613	-34,984	-31,362	-13,124	-1,544	6,836	4,624	4,809	2,300	-201	-2,524	-5,321	-6,450	0	-	0	0	-	-
Comprehensive income (loss) attributable to VOXX International Corporation
-42,787	-33,953	-48,408	-48,813	1,549	-774	59,371	64,980	52,431	43,704	6,683	2,865	-665	-721	-6,703	-10,164	-39,485	-31,470	-37,129	-32,304	18,615	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-
Income (Loss) from Continuing Operations, Per Basic Share
-	-	-	-	-	-	-	0.43	0.37	-0.74	-0.03	-0.07	0.15	0.21	-0.18	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Discontinued Operation, Income (Loss) from Discontinued Operation, Net of Tax, Per Basic Share
-	-	-	-	-	-	-	-	-	-	-	0.25	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Discontinued Operation, Gain (Loss) from Disposal of Discontinued Operation, before Income Tax
-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Impairment of Intangible Assets, Finite-lived
-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other comprehensive (loss) income, net of tax
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-
Comprehensive income (loss)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	19,710	12,377	13,101	25,525	0	0	0	-
Income (loss) per share - basic: Attributable to VOXX International Corporation
0.10	-0.24	-0.05	-1.50	0.50	-0.85	-0.04	0.52	0.35	0.71	-0.13	0.18	-	-	-	-	0.32	-0.18	-0.03	-0.59	0.64	-0.11	0.02	-2.02	0.63	0.20	0.09	0.44	0.56	0.16	-0.20	0.47	0.38	0.15	0.11	0.03
Income (Loss) from Discontinued Operations and Disposal of Discontinued Operations, Net of Tax, Per Basic Share
-	-	-	-	-	-	-	-	-0.02	1.45	-0.09	-	0.09	-0.09	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income (Loss) from Continuing Operations, Per Diluted Share
-	-	-	-	-	-	-	0.43	0.37	-0.74	-0.03	-0.07	0.14	0.21	-0.18	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income (Loss) from Discontinued Operations and Disposal of Discontinued Operations, Net of Tax, Per Diluted Share
-	-	-	-	-	-	-	-	-0.02	1.45	-0.09	-	0.09	-0.09	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Discontinued Operation, Income (Loss) from Discontinued Operation, Net of Tax, Per Diluted Share
-	-	-	-	-	-	-	-	-	-	-	0.25	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income (loss) per share - diluted: Attributable to VOXX International Corporation
0.10	-0.24	-0.05	-1.50	0.50	-0.85	-0.04	-	-	-	-	0.18	-	-	-	-	0.32	-0.18	-0.03	-0.59	0.64	-0.11	0.02	-2.02	0.63	0.20	0.09	0.43	0.56	0.16	-0.20	0.46	0.38	0.15	0.11	0.03
Weighted-average common shares outstanding (basic)
24,418	24,481	24,355	24,395	24,355	24,355	24,316	24,602	24,238	24,160	24,160	24,160	24,160	24,160	24,160	-	-	-	-	24,046	24,322	24,433	24,518	24,252	24,341	24,122	23,720	23,528	23,434	23,397	23,301	23,092	23,074	23,073	23,079	22,893
Weighted Average Number Diluted Shares Outstanding Adjustment
-	-	-	-	-	-	-	-	259	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Weighted-average common shares outstanding (diluted)
24,625	24,481	24,355	24,122	24,628	24,355	24,316	25,369	24,498	24,160	24,160	24,160	24,287	24,242	24,160	-	-	-	-	24,002	24,340	24,433	24,544	23,806	24,424	24,258	23,946	24,030	23,536	23,599	23,301	23,444	23,074	23,254	23,287	23,043