Latham Group, Inc.
Income Statement
| Line Item | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jul 2023 | Apr 2023 | Dec 2022 | Oct 2022 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $160.1M | $110.6M | $90.9M | $160.8M | $177.1M | $137.7M | $107.9M | $189.4M |
| Cost of Revenue | $107.1M | $80.0M | $69.7M | $112.6M | $126.9M | $104.3M | $88.6M | $130.5M |
| Gross Profit | $53.0M | $30.6M | $21.2M | $48.1M | $50.2M | $33.4M | $19.3M | $58.9M |
| Gross Margin | 33.1% | 27.7% | 23.3% | 29.9% | 28.4% | 24.2% | 17.9% | 31.1% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $26.6M | $26.3M | $23.6M | $23.4M | $30.2M | $33.1M | $33.1M | $26.7M |
| Operating Income | $20.0M | $-2.1M | $-9.0M | $18.1M | $13.4M | $-6.3M | $-20.4M | $25.0M |
| Operating Margin | 12.5% | -1.9% | -9.9% | 11.2% | 7.6% | -4.6% | -18.9% | 13.2% |
| Interest Expense | — | $5.0M | $9.6M | $6.0M | $4.5M | $10.8M | $6.6M | $4.3M |
| Pretax Income | $13.7M | $-7.3M | $-16.2M | $12.8M | $10.6M | $-17.3M | $-25.0M | $21.0M |
| Income Tax Expense | $442.0K | $532.0K | $-16.3M | $6.7M | $4.9M | $-2.9M | $-6.0M | $9.1M |
| Net Income | $13.3M | $-7.9M | $112.0K | $6.2M | $5.7M | $-14.4M | $-19.0M | $11.9M |
| Net Margin | 8.3% | -7.1% | 0.1% | 3.8% | 3.2% | -10.4% | -17.6% | 6.3% |
| EPS (Basic) | $0.12 | $-0.07 | $0.01 | $0.05 | $0.05 | $-0.13 | $-0.17 | $0.10 |
| EPS (Diluted) | $0.11 | $-0.07 | $0.01 | $0.05 | $0.05 | $-0.13 | $-0.17 | $0.10 |
| Shares Outstanding (Basic) | 115.5M | 115.0M | 112.9M | 113.5M | 112.2M | 112.1M | 113.2M | 113.2M |
| Shares Outstanding (Diluted) | 117.0M | 115.0M | 112.9M | 114.7M | 112.7M | 112.1M | 113.2M | 113.2M |
| Dividends Per Share | — | — | — | — | — | — | — | — |