Willdan Group, Inc. WLDN Income Statement

Willdan group, inc. (WLDN)

Income statement / TTM

Apr'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Sep'18	Jun'18	Jun'18	Mar'18	Mar'18	Dec'17	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	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
Contract revenue
457,332	443,099	400,121	354,013	309,450	272,252	-	0	-	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Contract revenue
-	-	-	-	-	-	249,975	-	247,596	-	259,596	-	273,352	-	266,616	256,269	243,377	208,941	-	183,038	157,889	135,721	135,103	133,818	128,494	118,691	108,080	100,305	93,285	86,811	85,510	85,995	86,375	89,360	93,443	100,502	107,560	109,891	107,165	97,865	89,627	0	0	0
Direct costs of contract revenue (inclusive of directly related depreciation and amortization):
Salaries and wages
68,490	64,485	59,909	54,997	50,500	46,588	-	0	-	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Salaries and wages
-	-	-	-	-	-	44,507	-	44,699	-	44,940	-	44,743	-	43,865	42,861	41,291	39,024	-	36,693	34,017	32,429	31,880	31,652	31,197	29,990	28,207	26,485	25,331	24,457	24,098	23,713	23,257	23,104	23,218	23,760	24,648	25,300	25,714	25,137	24,181	0	0	0
Subcontractor services and other direct costs
249,113	243,641	221,488	191,651	159,572	132,693	119,491	119,491	119,961	119,961	136,093	136,093	-	151,919	147,956	142,780	132,398	-	104,236	85,649	66,721	50,112	50,200	49,852	45,825	40,436	35,611	32,966	29,623	25,636	24,831	0	0	0	-	-	-	-	-	-	-	-	-	-
Subconsultant services and other direct costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-
Subconsultant services and other direct costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-
Subconsultant services and other direct costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	28,051	22,768	0	0	0
Other direct costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	0
Total direct costs of contract revenue
317,603	308,126	281,397	246,648	210,072	179,281	163,998	163,998	164,660	164,660	181,033	181,033	-	196,662	191,821	185,641	173,689	-	143,260	122,342	100,738	82,541	82,080	81,504	77,022	70,426	63,818	59,451	54,954	50,093	48,929	48,803	48,121	53,799	58,959	64,393	69,958	68,358	64,727	57,385	51,328	0	0	0
General and administrative expenses:
Gross profit
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Salaries and wages, payroll taxes and employee benefits
70,971	66,303	60,315	55,679	50,967	45,248	42,317	42,317	39,883	39,883	37,244	37,244	-	36,534	34,141	33,275	33,638	-	31,084	29,783	28,028	25,861	25,741	25,011	24,385	23,117	21,394	20,498	20,001	19,935	20,555	20,512	20,640	21,531	22,421	23,691	23,997	23,461	22,594	20,338	19,441	0	0	0
Facilities and facility related
9,490	8,568	7,582	6,824	6,163	5,600	-	0	-	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Facilities and facility related
-	-	-	-	-	-	5,233	-	4,976	-	4,709	-	4,624	-	4,585	4,389	4,099	-	4,085	4,021	4,189	4,308	4,246	4,303	4,180	4,357	4,371	4,421	4,504	4,528	4,654	4,716	4,773	4,864	4,871	4,871	4,913	4,992	4,875	4,780	4,549	0	0	0
Stock-based compensation
14,890	12,112	9,979	7,577	7,015	6,262	5,213	5,213	4,404	4,404	3,362	3,362	-	2,774	2,499	1,871	1,508	-	1,239	1,041	963	860	777	552	443	341	258	200	155	141	150	170	184	223	227	234	224	201	201	200	208	0	0	0
Depreciation and amortization
16,892	15,027	14,076	9,405	7,650	6,060	4,345	4,345	4,281	4,281	4,104	4,104	-	3,949	3,792	3,481	3,503	-	3,204	3,104	2,711	2,253	2,072	1,406	1,181	785	459	445	446	471	517	554	592	646	671	712	746	794	877	914	956	0	0	0
Lease abandonment, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-12	-9	-35	-26	0	0	0	-	-	-	-	0	-
Impairment of goodwill
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-
Other
26,158	23,600	21,259	18,749	17,020	17,030	14,783	14,783	16,036	16,036	15,430	15,430	-	15,105	16,379	15,343	15,270	-	14,525	13,436	13,361	13,159	12,657	11,554	10,785	10,030	9,462	8,818	8,522	8,163	8,067	7,946	8,236	9,535	10,315	11,497	11,655	10,715	10,488	9,875	9,887	0	0	0
Total general and administrative expenses
138,401	125,610	113,211	98,234	88,815	80,200	71,891	71,891	69,580	69,580	64,849	64,849	-	62,986	61,396	58,359	58,018	-	54,137	51,385	49,252	46,441	45,493	42,835	40,983	38,639	35,953	34,399	33,645	33,255	33,973	33,910	34,434	52,042	53,739	56,242	56,775	40,169	39,037	36,032	34,966	0	0	0
Loss from operations
1,328	9,363	5,513	9,131	10,563	12,771	14,086	14,086	13,356	13,356	13,714	13,714	-	13,704	13,399	12,269	11,670	-	11,544	9,311	7,899	6,739	7,530	9,479	10,489	9,626	8,309	6,455	4,686	3,463	2,608	3,282	3,820	-16,481	-19,255	-20,133	-19,173	1,364	3,401	4,448	3,333	0	0	0
Other income (expense):
Interest income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	7	8	6	8	9	10	10	9	8	6	4	3	4	5	8	8	0	0	0
Interest expense, net
5,292	4,900	4,224	2,989	1,798	700	98	98	99	99	101	101	-	111	130	150	162	-	179	1	192	206	207	348	118	63	16	19	24	71	94	112	131	111	106	104	97	81	77	64	61	0	0	0
Other, net
205	193	85	100	91	90	78	78	79	79	71	71	-	98	56	38	38	-	2	2	2	-35	18	27	76	130	125	319	280	272	238	21	-10	0	-	0	0	-	1	2	4	0	0	0
Total other expense, net
-5,087	-4,707	-4,139	-2,889	-1,707	-610	-20	-20	-20	-20	-30	-30	-	-13	-74	-112	-124	-	-177	-1	-191	-242	-189	-315	-36	74	117	306	264	210	154	-60	-104	-116	-128	-139	-111	-81	-71	-54	-49	0	0	0
Loss before income taxes
-3,759	4,656	1,374	6,242	8,856	12,161	14,066	14,066	13,336	13,336	13,684	13,684	-	13,691	13,325	12,157	11,546	-	11,367	9,310	7,708	6,497	7,341	9,164	10,453	9,700	8,426	6,899	4,882	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-
Income before income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-20,272	-19,284	1,283	3,330	4,394	3,284	0	0	0
Income tax benefit
-863	-185	-1,466	507	1,446	2,131	1,947	1,947	1,642	1,642	1,993	1,993	-	1,562	2,917	2,173	1,684	-	3,068	2,200	2,278	2,655	3,082	3,238	1,148	104	-990	-1,309	199	127	132	993	1,542	-1,107	-2,083	-2,788	-3,182	0	-	0	0	-	0	-
Net loss
-2,896	4,841	2,840	5,735	7,410	10,030	12,119	12,119	11,694	11,694	11,691	11,691	-	12,129	10,408	9,984	9,862	-	8,299	7,110	5,430	3,842	4,259	5,926	9,305	9,596	9,416	8,070	4,751	3,546	2,630	2,229	2,174	-15,490	-17,300	-18,379	-17,001	710	1,830	3,397	0	0	0	-
Other comprehensive loss:
Unrealized loss on derivative contracts, net of tax
-626	-396	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Comprehensive loss
-3,522	4,445	2,360	5,297	7,191	10,030	-	0	-	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Earnings (Loss) per share:
Net income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Basic (in dollars per share)
-0.71	0.28	0.04	0.15	-0.04	0.08	0.37	0.37	0.38	0.38	0.25	0.25	-	0.39	0.33	0.38	0.32	-	0.19	0.30	0.39	0.13	0.05	0.10	0.20	0.19	0.27	0.55	0.26	0.18	0.11	0.11	0.09	0.05	-	0.11	-	-	-	0.30	-	-	0.11	0.17
Diluted (in dollars per share)
-0.71	0.27	0.04	0.14	-0.04	0.08	0.35	0.35	0.36	0.36	0.24	0.24	-	0.35	0.31	0.36	0.30	-	0.19	0.28	0.37	0.13	0.04	0.10	0.20	0.18	0.27	0.53	0.25	0.17	0.10	0.11	0.09	0.05	-	0.11	-	-	-	0.29	-	-	0.11	0.17
Weighted-average shares outstanding:
Basic and diluted (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-2.33	-0.19	-	-	0.10	-0.04	-	-
Basic
11,510	11,357	11,217	11,100	10,974	10,663	8,844	8,844	8,796	8,796	8,753	8,753	-	8,550	8,730	8,603	8,281	-	8,365	8,308	8,207	7,996	7,885	7,862	7,824	7,765	7,643	7,507	7,405	7,397	7,373	7,359	7,353	7,335	7,337	7,315	7,297	7,291	7,273	7,267	7,257	7,251	7,236	7,229
Diluted
11,510	12,622	11,789	11,679	10,974	11,236	9,343	9,343	9,288	9,288	9,185	9,185	-	9,436	9,248	9,082	8,854	-	8,766	8,720	8,530	8,244	8,111	8,102	8,136	8,103	7,831	7,855	7,661	7,609	7,671	7,526	7,401	7,382	7,337	7,315	7,297	7,291	7,750	7,468	7,471	7,251	7,318	7,252