ARTS WAY MANUFACTURING CO INC
Income Statement
| Line Item | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $19.7M | $20.7M | $21.6M | $26.3M | $36.2M | $34.2M | $36.5M | $27.6M |
| Cost of Revenue | $16.2M | $16.6M | $16.2M | $19.4M | $27.4M | $25.9M | $26.4M | $20.6M |
| Gross Profit | $3.5M | $4.1M | $5.3M | $6.9M | $8.7M | $8.4M | $10.0M | $7.0M |
| Gross Margin | 17.8% | 19.7% | 24.7% | 26.3% | 24.1% | 24.4% | 27.5% | 25.4% |
| Operating Expenses | ||||||||
| Research & Development | $178.0K | $183.0K | $140.0K | $162.0K | $191.0K | $174.0K | $125.0K | $125.0K |
| SG&A Expense | $3.4M | $3.3M | $3.4M | $3.9M | $4.2M | $3.9M | $3.8M | $2.9M |
| Operating Income | $-3.1M | $-1.7M | $-431.4K | $-76.8K | $1.7M | $1.8M | $4.3M | $1.9M |
| Operating Margin | -15.7% | -8.3% | -2.0% | -0.3% | 4.6% | 5.3% | 11.9% | 7.0% |
| Interest Expense | $304.6K | $319.6K | $248.6K | $302.3K | $351.9K | $296.6K | $413.6K | $428.5K |
| Pretax Income | $-3.8M | $-1.8M | $-522.8K | $-510.5K | $1.3M | $2.2M | $4.0M | — |
| Income Tax Expense | $-510.4K | $-423.8K | $-96.6K | $-200.9K | $367.3K | $654.5K | $1.3M | $332.0K |
| Net Income | $-3.4M | $-1.6M | $-821.3K | $-557.8K | $935.2K | $1.6M | $2.7M | $1.2M |
| Net Margin | -17.2% | -7.9% | -3.8% | -2.1% | 2.6% | 4.5% | 7.3% | 4.5% |
| EPS (Basic) | $-0.81 | $-0.39 | $-0.20 | $-0.14 | $0.23 | $0.38 | $0.66 | $0.31 |
| EPS (Diluted) | $-0.81 | $-0.39 | $-0.20 | $-0.14 | $0.23 | $0.38 | $0.66 | $0.31 |
| Shares Outstanding (Basic) | 4.2M | 4.2M | 4.1M | 4.1M | 4.0M | 4.0M | 4.0M | 4.0M |
| Shares Outstanding (Diluted) | 4.2M | 4.2M | 4.1M | 4.1M | 4.1M | 4.0M | 4.0M | 4.0M |
| Dividends Per Share | — | — | — | — | — | — | $0.06 | $0.06 |