Advanced drainage systems, inc. (WMS)
Income statement / TTM
Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13
Net sales

1,575,255

1,499,944

1,410,594

1,384,733

1,362,629

1,365,348

1,359,842

1,330,354

1,324,424

1,298,308

1,258,044

1,257,261

1,258,475

1,276,586

1,299,130

1,290,678

1,252,334

1,219,378

1,202,763

1,180,073

1,154,849

1,135,622

1,101,635

1,067,780

0

0

0

Cost of goods sold

1,139,417

1,115,065

1,076,866

1,057,766

1,047,051

1,044,343

1,044,409

1,027,873

1,030,807

1,013,076

972,101

961,451

952,412

965,122

991,649

1,005,326

992,102

984,701

984,478

974,960

962,852

933,570

904,132

875,232

0

0

0

Cost of goods sold - ESOP special dividend compensation

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gross profit

267,228

216,269

165,118

326,967

315,578

321,005

315,433

302,481

293,617

285,232

285,943

295,810

306,063

311,464

307,481

285,352

260,232

234,677

218,285

205,113

191,997

202,052

197,503

192,548

0

0

0

Operating expenses:
Selling

110,482

103,775

98,535

96,335

94,572

94,215

93,830

92,764

93,091

91,480

90,344

91,475

91,809

92,097

91,481

88,478

85,277

83,810

81,956

80,481

83,127

79,379

77,274

74,042

0

0

0

General and administrative

141,096

126,189

99,743

89,692

89,123

90,795

93,098

98,392

106,872

105,803

103,097

110,950

106,125

103,856

108,348

92,504

89,246

85,045

75,572

75,855

73,925

71,323

68,778

62,897

0

0

0

Loss on disposal of assets and costs from exit and disposal activities

-6,541

-4,930

-3,250

-3,647

-6,107

-7,887

-12,684

-15,003

-15,900

-16,114

-11,730

-8,509

-3,331

-590

-148

-812

-382

-1,178

-1,164

-362

-1,737

-2,014

-1,937

2,863

0

0

0

Intangible amortization

26,370

14,753

7,438

7,880

7,942

7,978

8,008

8,068

8,188

8,292

8,405

8,548

8,606

8,672

8,885

9,224

9,252

9,398

9,667

9,754

9,843

10,128

10,138

10,145

0

0

0

Income (loss) from operations

-95,403

-111,520

-121,990

129,413

117,834

120,130

107,813

88,254

69,566

63,543

72,367

76,328

96,192

106,249

98,619

94,334

76,075

55,246

49,926

38,661

23,365

39,208

39,376

48,327

0

0

0

Other expense:
Interest expense

-75,377

-67,881

-20,080

-18,618

-16,670

-14,061

-14,585

-15,262

-16,536

-17,671

-17,162

-17,467

-18,055

-18,557

-18,958

-18,460

-18,598

-18,506

-18,603

-19,368

-19,503

-19,452

-19,129

-18,807

0

0

0

Derivative loss (gains) and other expense (income), net

611

16

97

815

-420

1,177

3,810

3,950

4,883

4,692

3,887

5,970

7,301

3,968

-6,958

-16,575

-27,603

-30,598

-21,166

-14,370

-4,444

1,653

1,437

1,177

0

0

0

Income (loss) before income taxes

-170,169

-179,385

-141,973

111,610

100,744

107,246

97,038

76,942

57,913

50,564

59,092

64,831

85,438

91,660

72,703

59,299

29,874

6,142

10,157

4,923

-582

21,409

21,684

30,697

0

0

0

Income tax expense

23,936

22,394

38,135

30,049

24,567

14,706

15,949

11,411

4,899

18,256

20,167

24,615

35,870

39,974

29,813

23,498

11,573

3,981

6,153

6,284

-4,200

16,867

18,436

19,637

0

0

0

Equity in net loss (income) of unconsolidated affiliates

668

1,233

472

-95

-1,460

-1,158

-1,120

-739

-1,418

-3,669

-3,964

-4,308

-6,693

-6,127

-5,684

-5,234

-1,558

-1,629

-1,319

-2,335

-2,819

-3,292

-3,422

-3,086

0

0

0

Net income (loss)

-193,437

-200,546

-179,636

81,466

74,717

91,382

79,969

64,792

51,596

28,639

34,961

35,908

42,875

45,559

37,206

30,567

16,743

532

2,685

-3,696

799

1,250

-174

7,974

0

0

0

Less: net income attributable to noncontrolling interest

1,032

1,399

1,228

3,694

3,658

4,030

3,424

2,785

1,996

2,091

2,542

2,958

3,934

2,540

5,575

5,515

4,212

5,773

4,344

4,131

2,442

3,129

2,893

3,593

0

0

0

Net income (loss) attributable to ADS

-194,469

-201,945

-180,864

77,772

71,059

87,352

76,545

62,007

49,600

26,548

32,419

32,950

38,941

43,019

31,631

25,052

12,531

-5,241

-1,659

-7,827

-1,643

-1,879

-3,067

4,381

0

0

0

Change in fair value of redeemable convertible preferred stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

11,054

11,944

31,279

20,774

3,979

0

0

0

Accretion of redeemable noncontrolling interest

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

-

-

-

-

-

-

-

-

-

Dividends to redeemable convertible preferred stockholders

-

-

-

-

-

-

-

-

-

-

-

-

1,590

1,532

1,479

-

1,371

1,320

995

661

9,872

9,783

9,960

10,139

0

0

0

Dividends paid to unvested restricted stockholders

-

-

-

-

-

-

-

-

-

-

-

-

92

66

48

-

27

0

0

-

0

-

-

25

0

0

0

Net income available to common stockholders and participating securities

-

-

-

-

-

-

-

-

-

-

-

-

35,772

40,004

28,810

-

10,554

-6,841

4,648

-19,553

27,911

23,068

-11,474

-9,762

0

0

0

Undistributed income allocated to participating securities

-

-

-

-

-

-

-

-

-

-

-

-

4,310

4,823

3,763

-

0

0

0

-

-

0

-

-

0

0

0

Net income available to common stockholders

-

-

-

-

-

-

-

-

-

-

-

-

33,400

37,119

26,985

-

10,246

-6,133

3,679

-19,553

-17,365

-22,208

-32,632

-9,762

0

0

0

Weighted average common shares outstanding:
Basic

68,508

60,222

57,576

57,397

57,180

56,929

56,594

56,295

55,917

55,269

55,303

56,619

54,557

54,429

54,071

54,274

54,133

53,882

53,623

53,336

52,986

51,518

47,536

47,417

47,251

47,250

47,190

Diluted

69,298

60,876

57,576

58,043

57,685

57,558

57,158

56,974

56,459

55,893

56,010

57,125

55,167

55,276

54,928

55,108

55,402

55,194

55,000

48,377

52,986

56,477

47,536

46,589

47,251

47,579

47,689

Net income (loss) per share:
Basic

0.28

0.10

-4.06

0.02

0.25

0.45

0.51

-0.10

0.52

0.29

0.29

-0.30

0.14

0.38

0.29

-0.20

0.21

0.20

0.19

-0.42

-0.09

0.40

-0.27

-0.42

-0.21

0.21

0.21

Diluted

0.28

0.10

-4.06

0.01

0.25

0.45

0.51

-0.09

0.51

0.29

0.28

-0.31

0.14

0.38

0.29

-0.20

0.21

0.19

0.19

-0.42

-0.09

0.40

-0.27

-0.42

-0.21

0.21

0.21

Cash dividends declared per share

-

-

-

-

-

-

-

-

0.07

0.07

0.07

-

0.06

0.06

0.06

0.05

0.05

0.05

0.05

-

0.04

-

-

-

0.03

0.03

-

ESOP special dividend compensation [Member]
Selling, general and administrative - ESOP special dividend compensation

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-