Vista outdoor inc. (VSTO)
Income statement / Quarterly
Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jul'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Dec'13
Sales, net

424,770

445,016

459,774

515,336

467,771

546,585

528,836

528,836

571,227

581,204

587,283

568,749

578,753

653,558

684,312

630,269

612,303

592,557

551,377

514,497

485,389

506,881

525,149

565,995

524,228

Cost of sales

335,980

354,752

364,696

415,979

373,535

437,828

415,498

415,498

461,905

455,099

448,306

422,191

434,959

484,952

498,903

458,892

448,678

425,053

402,353

375,205

362,551

372,844

396,554

422,544

390,552

Gross profit

88,790

90,264

95,078

99,357

94,236

108,757

113,338

113,338

109,322

126,105

138,977

146,558

143,794

168,606

185,409

171,377

163,625

167,504

149,024

139,292

122,838

134,037

128,595

143,451

133,676

Operating expenses:
Research and development

5,703

5,553

6,494

7,061

6,503

7,210

6,968

6,968

7,550

6,875

7,447

7,791

8,618

8,170

8,150

7,831

3,661

3,681

2,815

2,355

2,475

2,318

1,074

3,651

1,842

Selling, general, and administrative

64,418

82,971

83,909

92,295

86,418

97,282

101,054

101,054

117,394

100,224

106,386

99,426

121,209

95,893

102,723

104,444

92,164

88,591

85,466

77,954

81,630

68,105

68,154

65,140

-

Acquisition claim settlement gain, net

-

-

-

-

-

-

-

-

-

-

-

-

-

0

30,027

-

-

0

0

-

-

-

-

-

-

Selling and Marketing Expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

34,542

General and Administrative Expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

34,717

Intangibles impairment

0

0

-

-

432,612

23,411

-

-

-

0

152,320

-

-

449,199

0

-

-

0

-

-

-

52,220

-

-

0

Impairment of held-for-sale assets

0

0

9,429

-44,220

83,854

0

44,921

44,921

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

Income (loss) before interest, income taxes, and other

18,669

1,740

-4,754

-36,383

-515,151

-19,146

-39,605

-39,605

-15,746

19,006

-127,176

39,341

13,967

-384,656

104,563

59,102

67,800

75,232

60,743

58,983

38,733

11,394

59,367

74,660

62,575

Other income (expense), net

0

-

-

-

-1,871

-4,925

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest expense, net

8,373

12,314

11,124

10,851

16,003

16,865

13,472

13,472

11,758

12,494

12,569

12,393

11,013

10,551

10,143

11,963

7,443

7,776

6,563

2,569

4,827

8,357

7,883

9,041

6,416

Earnings (loss) before income taxes

10,296

-11,007

-15,878

-47,234

-533,025

-40,936

-53,077

-53,077

-27,504

6,512

-139,745

26,948

2,954

-395,207

94,420

47,139

60,357

67,456

54,180

56,414

33,897

3,037

51,484

65,628

56,159

Interest Income, Operating

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

9

-

Income tax provision (benefit)

-4,352

891

737

1,401

-18,383

-8,118

-729

-729

-11,582

-47,231

-25,040

10,296

2,097

-17,548

21,196

18,015

23,045

24,297

21,505

22,523

17,999

14,206

17,730

24,583

22,794

Net Income (Loss) Available to Common Stockholders, Basic

14,648

-11,898

-16,615

-48,635

-514,642

-32,818

-52,348

-52,348

-15,922

53,743

-114,705

16,652

857

-377,659

73,224

29,124

37,312

43,159

32,675

33,891

15,898

-11,169

33,754

41,045

33,365

Earnings Per Share [Abstract]
Basic and Diluted (in dollars per share)

0.25

-

-

-

-8.94

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Basic (in dollars per share)

-

-0.21

-0.29

-

-

-0.57

-0.91

-0.91

-0.27

0.94

-2.01

0.29

0.11

-6.48

1.23

0.48

0.60

0.70

0.52

0.54

0.25

-0.17

0.53

0.64

-

Diluted (in dollars per share)

-

-0.21

-0.29

-

-

-0.57

-0.91

-0.91

-0.27

0.94

-2.01

0.29

0.08

-6.44

1.22

0.48

0.60

0.70

0.52

0.53

0.25

-0.17

0.53

0.64

-

Weighted-average number of common shares outstanding:
Weighted Average Number of Shares Outstanding, Basic

57,878

57,768

57,722

57,622

57,572

57,528

57,454

57,454

57,400

57,253

57,099

56,916

57,275

58,275

59,710

60,384

61,025

61,717

62,816

63,286

62,759

63,875

63,875

63,875

-

Issuance of common stock in connection with spin-off

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

63,875

63,875

-

Weighted Average Number of Shares Outstanding, Diluted

57,978

57,768

57,722

57,622

57,572

57,528

57,454

57,454

57,318

57,294

57,099

56,957

56,240

58,634

60,055

60,715

61,414

62,092

63,155

63,611

63,803

63,875

63,875

63,875

-

Other comprehensive income (loss), net of tax:
Pension and other postretirement benefit liabilities:
Other Comprehensive (Income) Loss, Defined Benefit Plan, Prior Service Cost (Credit), Reclassification Adjustment from AOCI, after Tax

-79

-78

-78

-58

-60

-60

-60

-60

-60

-49

-49

-274

-274

-274

-274

-274

-267

-267

-267

-267

-139

0

0

0

-

Reclassification of net actuarial loss for pension and postretirement benefit plans recorded to net income, net of tax expense of $0 and $(172) for the three months ended, respectively, and $0 and $(516) for the nine months ended, respectively.

-812

-812

-811

-543

-543

-543

-543

-543

-574

-472

-493

-1,122

-1,236

-1,236

-1,236

-1,236

-1,381

-1,381

-1,381

-1,381

-2,246

0

0

0

-

Valuation adjustment for pension and postretirement benefit plans, net of tax expense of $0 and $714 for the quarter ended, respectively; and, $0 and $710 for the nine months ended, respectively.

-

-

-

-

-

-

-

0

-

-1,202

3,633

-3,628

-

0

0

0

-

-

-

-

-

-

-

-

-

Other Comprehensive Income (Loss), Derivatives Qualifying as Hedges, Net of Tax, Portion Attributable to Parent

-725

700

-1,150

-

-279

-664

200

200

-

785

0

23

-

0

0

0

-

-3

-4

90

-

-3

478

0

-66

Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Reclassification Adjustment from AOCI, Realized upon Sale or Liquidation, Net of Tax

0

-3,150

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Gain (Loss) Arising During Period, Net of Tax

263

-

-

-

76

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Change in cumulative translation adjustment.

-

-477

764

-

-

36,662

-7,146

-7,146

56

791

7,101

8,571

5,739

-10,711

255

-4,799

10,438

-788

-6,719

2,670

-35,228

-7,677

-8,934

1,196

-1,654

Total other comprehensive income (loss)

271

4,107

347

-8,969

280

36,481

-6,463

-6,463

2,646

797

11,178

5,814

9,591

-9,749

1,217

-3,837

1,501

323

-5,609

3,874

-33,596

-7,680

-8,456

1,196

-1,720

Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest

14,919

-7,791

-16,268

-

-514,362

3,663

-58,811

-58,811

-

54,540

-103,527

22,466

-

-387,408

74,441

25,287

-

43,482

27,066

37,765

-

-18,849

25,298

42,241

31,645