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SPARTON CORP (SPA)

Income Statement Business | Geographic

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsJul-01-18Jul-02-17Jul-03-16Jun-30-15Jun-30-14Jun-30-13Jun-30-12Jun-30-11
   10-K10-K10-K10-K10-K10-K10-K10-K
Revenues:  
    Manufacturing & Design Services  236.0260.5282.1263.9246.1207.9  
    Engineered Components & Products  151.1147.3154.6136.3109.175.4  
    Medical        110.9 
    Other        115.6 
Total revenues  375.0397.6419.4382.1336.5265.0226.5203.4
            Revenue growth   [+]-5.7%-5.2%9.7%13.6%27.0%17.0%11.4%16.9%
Cost of goods sold  295.6325.7339.2307.3271.6219.2187.5170.2
Gross profit  79.471.980.174.865.045.839.033.2
            Gross margin  21.2%18.1%19.1%19.6%19.3%17.3%17.2%16.3%
Selling, general and administrative  58.154.155.247.035.726.522.220.8
Research and development  2.71.72.31.51.21.31.31.1
Equity in earnings          
Other operating expenses  7.38.59.66.67.71.60.4-1.7
EBITDA   [+]24.422.028.731.028.621.216.814.5
            EBITDA margin  6.5%5.5%6.9%8.1%8.5%8.0%7.4%7.1%
Depreciation  5.95.96.14.64.73.21.41.1
EBITA  18.516.122.726.323.918.015.413.5
            EBITA margin  4.9%4.1%5.4%6.9%7.1%6.8%6.8%6.6%
Amortization of intangibles  7.38.59.66.63.41.60.40.5
EBIT   [+]11.27.613.119.820.416.515.012.9
            EBIT margin  3.0%1.9%3.1%5.2%6.1%6.2%6.6%6.4%
Non-recurring items   [+]1.6 64.92.50.20.1-0.116.8
Interest expense, net   [+]6.44.43.82.50.80.40.60.6
Other income (expense), net   [+]0.00.10.10.20.20.20.60.4
Pre-tax income  3.23.2-55.515.019.616.215.1-3.9
Income taxes  11.41.9-17.24.06.62.75.3-11.4
            Tax rate  361.4%59.4%31.0%26.5%33.7%16.7%34.9%289.2%
Net income  -8.31.3-38.311.013.013.59.87.5
            Net margin  -2.2%0.3%-9.1%2.9%3.9%5.1%4.3%3.7%
   
Basic EPS   [+]($0.84)$0.13($3.91)$1.11$1.28$1.32$0.97$0.73
Diluted EPS   [+]($0.84)$0.13($3.91)$1.11$1.28$1.32$0.96$0.73
   
Shares outstanding (basic)   [+]9.89.89.89.910.110.210.210.2
Shares outstanding (diluted)   [+]9.89.89.89.910.110.210.210.3
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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