WINMARK CORP WINA Income Statement

Winmark corp (WINA)

Income statement / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jul'17	Apr'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Sep'10	Jun'10
Revenue:
Leasing income
16,771	16,055	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Leasing income
-	-	0	0	-	18,176	19,742	19,049	18,139	18,470	18,166	18,424	18,630	17,283	17,484	16,557	16,068	21,565	21,512	22,387	21,881	16,247	14,831	14,519	15,491	14,524	14,570	15,072	14,227	13,211	13,770	11,826	15,521	16,364	15,004	14,980	0	0	0
Total revenue
73,567	73,298	72,488	71,925	72,681	72,511	73,225	71,837	70,107	69,757	69,277	68,280	68,150	66,519	66,161	65,427	64,604	69,447	68,683	69,088	67,650	61,178	58,763	57,150	57,135	55,731	55,082	55,089	53,258	51,943	52,056	49,031	52,063	51,335	49,110	47,216	0	0	0
Leasing expense
2,748	2,031	1,802	1,948	2,073	1,929	2,314	2,387	2,552	3,269	3,037	2,891	2,691	2,323	2,828	2,355	2,406	5,759	5,337	5,972	5,581	1,630	1,536	1,127	1,618	1,592	1,743	2,114	1,829	1,789	2,302	1,822	4,836	5,115	4,536	4,685	0	0	0
Provision for credit losses
527	-78	-85	-86	-46	38	183	225	105	9	44	27	31	18	-78	-9	-95	-149	-86	-127	-45	62	49	21	-19	-44	-45	-17	19	-47	-121	-132	-141	-43	138	-8	0	0	0
Selling, general and administrative expenses
24,509	25,745	25,973	25,964	26,328	26,038	25,778	25,754	25,423	25,241	25,360	24,357	23,824	23,866	23,539	24,092	24,485	24,094	24,158	24,101	23,951	23,806	23,343	22,978	22,678	22,198	21,769	21,339	20,682	20,280	20,193	19,530	19,338	19,048	18,455	19,113	0	0	0
Income from operations
43,166	43,131	42,367	41,528	41,756	41,763	42,223	40,827	39,565	38,805	38,575	38,974	39,484	38,209	37,490	36,394	35,155	37,090	36,754	36,590	35,598	33,059	31,206	30,570	30,538	29,780	29,241	29,163	28,128	27,299	27,242	25,424	25,481	24,847	23,150	20,707	0	0	0
LOSS FROM EQUITY INVESTMENTS
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-2,492	-721	-574	-476	-515	-644	-522	0	0	0
IMPAIRMENT OF INVESTMENT IN NOTES
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	0	-	-	-
Interest expense
1,814	1,731	1,817	1,988	2,145	2,447	2,785	2,822	2,611	2,366	2,115	2,053	2,201	2,342	2,446	2,581	2,357	1,802	1,270	733	508	484	390	275	186	213	270	344	412	392	330	246	150	112	448	695	0	0	0
Interest and other income (expense)
73	67	-25	-27	-32	-33	-30	-1	10	12	25	-9	0	-12	-9	-15	-15	-63	-76	-36	-45	14	56	34	33	23	10	19	9	66	73	50	74	44	118	230	0	0	0
Income before income taxes
41,425	41,467	40,524	39,512	39,577	39,283	39,407	38,003	36,964	36,451	36,485	36,911	37,283	35,854	35,035	33,797	32,782	35,224	35,407	35,820	35,045	32,588	30,872	30,329	30,386	29,589	26,475	25,298	23,946	23,155	25,266	24,024	24,045	23,381	21,629	19,467	0	0	0
Provision for income taxes
9,231	9,318	9,178	8,916	9,140	9,157	9,301	10,401	10,974	11,871	13,446	13,638	14,146	13,705	13,329	12,846	12,474	13,425	13,651	13,781	13,476	12,522	11,831	11,659	11,660	11,358	11,071	10,887	10,467	10,217	9,901	9,435	9,461	9,286	9,029	8,012	0	0	0
Net income
32,194	32,149	31,345	30,596	30,437	30,125	30,106	27,602	25,990	24,580	23,039	23,272	23,136	22,148	21,705	20,951	20,308	21,799	21,756	22,039	21,568	20,066	19,041	18,669	18,726	18,231	15,403	14,411	13,479	12,937	15,364	14,588	14,584	14,095	12,600	11,455	0	0	0
Earnings per share - basic (in dollars per share)
1.97	2.18	2.39	1.94	1.86	1.96	2.15	1.85	1.81	1.95	1.46	1.32	1.33	1.47	1.48	1.31	1.11	1.35	1.29	1.04	1.21	1.12	1.12	0.84	0.88	0.90	1.03	0.86	0.81	0.35	0.85	0.67	0.70	0.84	0.70	0.68	0.61	0.54	0.47
Earnings per share - diluted (in dollars per share)
1.87	2.08	2.24	1.79	1.73	1.83	2.01	1.73	1.69	1.82	1.36	1.23	1.25	1.39	1.41	1.25	1.06	1.29	1.23	1.00	1.17	1.08	1.09	0.82	0.86	0.87	1.00	0.83	0.78	0.33	0.82	0.65	0.67	0.80	0.66	0.65	0.58	0.51	0.45
Weighted average shares outstanding - basic
3,711	3,875	3,808	3,771	3,906	3,906	3,886	3,858	3,847	3,830	4,024	4,201	4,167	4,149	4,116	4,110	4,114	4,129	4,128	4,578	4,999	4,997	5,022	5,109	5,148	5,137	5,116	5,024	4,997	4,986	5,013	5,056	5,052	4,975	4,970	4,980	4,989	5,011	5,025
Weighted average shares outstanding - diluted
3,911	4,066	4,065	4,072	4,198	4,176	4,164	4,133	4,124	4,111	4,314	4,483	4,450	4,361	4,328	4,318	4,313	4,331	4,338	4,768	5,167	5,159	5,156	5,243	5,307	5,297	5,263	5,200	5,202	5,179	5,222	5,268	5,280	5,235	5,263	5,239	5,215	5,224	5,189
Royalties
Revenue
50,832	51,421	50,712	49,769	48,936	48,224	0	46,965	46,238	45,643	45,719	44,713	44,176	43,994	42,822	42,797	42,454	41,908	41,463	40,902	39,888	38,972	38,142	37,271	36,679	36,344	35,536	34,860	33,946	33,760	33,602	32,470	31,596	30,360	28,948	27,270	0	0	0
Merchandise sales
Revenue
2,761	2,618	2,600	2,754	2,737	2,903	0	2,768	2,600	2,572	2,393	2,139	2,228	2,216	2,517	2,759	2,820	2,816	2,651	2,674	2,674	2,728	2,765	2,577	2,449	2,327	2,488	2,607	2,706	2,750	2,566	2,513	2,690	2,481	2,962	2,848	0	0	0
Cost of merchandise sold
2,615	2,469	2,430	2,570	2,570	2,741	0	2,642	2,460	2,432	2,259	2,029	2,119	2,101	2,382	2,594	2,652	2,653	2,519	2,549	2,563	2,619	2,627	2,454	2,319	2,205	2,374	2,489	2,598	2,621	2,440	2,387	2,547	2,366	2,829	2,717	0	0	0
Franchise fees
Revenue
1,536	1,540	1,601	1,607	1,571	1,580	0	1,482	1,573	1,541	1,376	1,535	1,560	1,564	1,902	1,883	1,866	1,788	1,728	1,803	1,935	1,989	1,829	1,611	1,393	1,459	1,469	1,540	1,420	1,291	1,211	1,316	1,291	1,081	1,193	982	0	0	0
Other
Revenue
1,664	1,661	1,659	1,646	1,633	1,626	0	1,571	1,555	1,530	1,621	1,466	1,555	1,460	1,435	1,429	1,394	1,369	1,328	1,320	1,270	1,240	1,193	1,170	1,121	1,076	1,017	1,008	956	929	906	903	964	1,046	1,001	1,134	0	0	0