Woodward, inc. (WWD)
Income statement / Quarterly
Mar'20Dec'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'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Mar'10Dec'09Jun'09
Net sales

720,220

720,355

736,537

752,005

758,844

652,811

719,359

588,117

548,249

470,148

606,788

548,622

500,381

442,894

590,922

507,664

479,382

445,110

562,625

494,810

493,222

487,646

565,447

524,284

482,467

429,042

558,365

483,759

485,513

408,339

528,697

460,241

468,793

407,896

489,294

438,467

418,866

365,075

412,003

356,367

349,352

339,308

386,193

Costs and expenses:
Cost of goods sold

517,514

534,917

571,123

562,516

566,841

492,174

544,343

428,673

402,159

347,627

436,571

394,750

367,099

329,148

433,722

370,722

346,139

333,377

412,050

351,421

355,602

343,760

397,774

372,571

340,028

315,466

389,116

349,482

348,100

289,573

366,991

329,451

322,492

284,410

340,015

304,441

292,520

261,177

287,682

249,966

244,316

239,552

287,094

Selling, general and administrative expenses

57,629

62,045

51,441

52,980

54,857

51,927

52,654

54,868

39,755

46,459

46,801

44,561

47,660

38,300

59,997

36,415

36,823

40,782

59,523

39,305

38,450

39,843

42,260

40,468

35,283

37,328

47,726

46,747

37,206

36,418

45,527

39,627

40,788

38,570

39,322

38,470

38,445

32,666

37,521

31,394

34,130

32,835

33,182

Research and development costs

34,661

36,846

35,748

40,661

43,831

38,867

36,854

39,470

37,169

34,786

34,931

34,663

30,385

26,540

32,883

29,928

31,762

31,597

36,573

33,555

30,328

34,029

37,786

34,990

35,805

29,424

30,745

35,487

34,000

30,018

36,077

38,958

37,445

30,794

35,572

29,273

27,050

23,738

23,129

21,419

19,698

18,314

20,676

Impairment of assets held for sale (Note 10)

0

37,902

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Restructuring charges

-

-

-

-

-

-

-

-

17,013

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Amortization of intangible assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6,887

6,926

6,946

-

7,224

7,227

7,575

8,082

8,357

8,657

8,484

9,730

9,769

9,813

7,667

8,118

8,139

8,294

8,258

8,973

8,935

8,542

8,543

8,643

8,635

8,655

9,181

8,286

Interest expense

8,756

9,009

9,845

10,798

11,480

11,878

12,714

10,056

8,823

8,872

15,240

6,769

6,790

6,840

7,112

6,522

6,234

6,908

7,509

6,077

5,329

5,949

4,585

5,972

6,185

6,062

6,507

6,723

7,017

6,456

6,532

6,611

6,552

6,308

6,238

6,361

6,299

6,501

6,861

6,949

7,324

8,251

10,886

Interest income

476

487

400

348

294

371

498

342

471

363

488

358

474

405

527

610

441

447

220

219

221

127

82

73

57

59

68

68

69

68

67

265

84

126

209

117

85

123

182

97

120

110

19

Other (income) expense, net (Note 18)

5,063

21,425

7,835

6,916

8,039

3,179

5,735

-975

4,846

4,720

13,032

450

1,315

4,588

2,262

5,608

2,427

2,009

-489

112

1,084

455

34

469

190

607

592

-122

890

262

366

-12

732

494

-633

-249

392

-1,098

1,166

-49

469

205

-

Other income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

606

Other expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

137

Total costs and expenses

613,021

658,807

659,922

659,691

668,676

591,296

640,332

533,700

499,602

432,661

520,023

479,935

450,145

395,835

510,166

444,256

425,016

417,154

493,898

437,251

435,631

430,574

490,371

461,816

425,711

396,098

483,164

448,262

435,177

369,802

462,812

422,533

414,755

367,720

430,544

387,612

372,379

333,600

362,488

318,315

313,534

307,818

359,636

Earnings before income taxes

107,199

61,548

76,615

92,314

90,168

61,515

79,027

54,417

48,647

37,487

86,765

68,687

50,236

47,059

80,756

63,408

54,366

27,956

68,727

57,559

57,591

57,072

75,076

62,468

56,756

32,944

75,201

35,497

50,336

38,537

65,885

37,708

54,038

40,176

58,750

50,855

46,487

31,475

49,515

38,052

35,818

31,490

26,557

Income tax expense

15,881

8,175

9,819

26,207

12,589

12,395

4,515

5,300

10,158

19,227

24,537

15,061

12,131

511

17,609

12,361

13,542

2,136

18,667

13,806

13,736

13,288

23,414

16,467

11,958

9,561

22,736

11,834

7,890

11,169

19,765

9,406

15,287

11,760

17,060

14,799

14,397

9,076

16,840

6,187

11,642

9,044

1,696

Net earnings

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

32,675

31,865

24,176

22,446

24,861

Earnings attributable to noncontrolling interest, net of taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

120

108

90

-136

Net earnings

91,318

53,373

66,796

66,107

77,579

49,120

74,512

49,117

38,489

18,260

62,228

53,626

38,105

46,548

63,147

51,047

40,824

25,820

50,060

43,753

43,855

43,784

51,662

46,001

44,798

23,383

52,465

23,663

42,446

27,368

46,120

28,302

38,751

28,416

41,690

36,056

32,090

22,399

32,675

31,745

24,068

22,356

24,997

Total comprehensive earnings

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

38,629

Comprehensive earnings attributable to noncontrolling interests

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

53

Comprehensive earnings

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

38,576

Basic earnings per share

1.47

0.86

1.08

1.07

1.25

0.79

1.20

0.80

0.63

0.30

1.02

0.87

0.62

0.76

1.02

0.83

0.66

0.41

0.79

0.68

0.67

0.67

0.78

0.70

0.67

0.35

0.76

0.35

0.62

0.40

0.68

0.41

0.56

0.41

0.60

0.52

0.47

0.33

0.48

0.46

0.35

0.33

0.37

Diluted earnings per share

1.41

0.83

1.03

1.02

1.20

0.77

1.16

0.77

0.60

0.29

0.98

0.85

0.60

0.73

0.99

0.81

0.65

0.40

0.77

0.66

0.66

0.66

0.76

0.69

0.66

0.34

0.76

0.34

0.61

0.39

0.66

0.40

0.55

0.40

0.60

0.51

0.46

0.32

0.48

0.45

0.34

0.32

0.36

Weighted Average Common Shares Outstanding (Note 4):
Basic

62,266

61,991

61,866

61,941

62,175

61,818

61,717

61,608

61,401

61,246

61,307

61,288

61,310

61,559

61,538

61,341

61,639

63,054

63,474

64,781

65,159

65,322

65,526

65,845

66,633

67,724

68,047

68,323

68,737

68,461

68,602

68,922

69,077

68,919

68,832

68,793

68,752

68,811

68,602

68,489

68,436

68,361

67,875

Diluted

64,564

64,673

64,736

64,633

64,564

64,059

64,164

63,881

63,750

63,709

63,486

63,392

63,499

63,671

63,599

63,109

63,064

64,452

64,718

66,227

66,540

66,739

67,031

67,147

67,905

69,021

69,330

69,430

69,935

69,713

69,892

70,319

70,624

70,393

70,106

70,166

70,107

70,181

69,883

69,987

69,876

69,710

69,012

Cash dividends per share paid to Woodward common stockholders

-

-

-

-

-

-

-

-

-

-

-

0.12

0.12

0.11

-

0.11

0.11

0.10

0.10

0.10

0.10

0.08

0.08

0.08

0.08

0.08

0.08

0.08

0.08

0.08

0.08

0.08

0.08

0.07

0.07

0.07

0.07

0.06

0.06

0.06

0.06

0.06

0.06