Wd-40 company (WDFC)
Income statement / Yearly
Aug'19Aug'18Aug'17Aug'16Aug'15Aug'14Aug'13Aug'12Aug'11Aug'10
Net sales

423,350

408,518

380,506

380,670

378,150

382,997

368,548

342,784

336,409

321,516

Cost of products sold

191,010

183,255

166,621

166,301

177,972

184,144

179,385

174,302

168,297

156,210

Gross profit

232,340

225,263

213,885

214,369

200,178

198,853

189,163

168,482

168,112

165,306

Operating expenses:
Selling, general and administrative

123,946

121,394

114,560

117,767

108,873

108,577

104,378

88,918

87,311

87,323

Advertising and sales promotion

23,300

22,300

20,500

22,278

22,876

23,922

24,811

25,702

25,132

22,061

Amortization of definite-lived intangible assets

2,706

2,951

2,879

2,976

3,039

2,617

2,260

2,133

1,537

724

Impairment of long-lived assets

-

-

-

-

-

-

1,077

0

0

-

Total operating expenses

149,958

146,659

137,976

143,021

134,788

135,116

132,526

116,753

113,980

110,108

Income from operations

82,382

78,604

75,909

71,348

65,390

63,737

56,637

51,729

54,132

55,198

Other income (expense):
Interest income

155

454

508

683

584

596

506

261

228

174

Interest expense

2,541

4,219

2,582

1,703

1,205

1,002

693

729

1,076

1,726

Other (expense) income, net

774

339

787

2,461

-1,659

-372

417

-348

247

-89

Income before income taxes

80,770

75,178

74,622

72,789

63,110

62,959

56,867

50,913

53,531

53,557

Provision for income taxes

24,862

9,963

21,692

20,161

18,303

19,213

17,054

15,428

17,098

17,462

Net income

55,908

65,215

52,930

52,628

44,807

43,746

39,813

35,485

36,433

36,095

Earnings per common share:
Basic

4.03

4.65

3.73

3.65

3.05

2.89

2.55

2.22

2.16

2.17

Diluted

4.02

4.64

3.72

3.64

3.04

2.87

2.54

2.20

2.14

2.15

Shares used in per share calculations:
Basic

13,799

13,929

14,089

14,332

14,582

15,072

15,517

15,914

16,803

16,606

Diluted

13,830

13,962

14,123

14,379

14,649

15,148

15,619

16,046

16,982

16,725