Smith-Midland Statements
SM
Smith-Midland Income Statement
B
M
USD (except Earnings per share)
Financial
Revenue
Cost of sales
Gross profit
Research and development
Selling, general and administrative
Total operating expenses
Operating income
Interest expense
Other income
Income before tax
Provision for income taxes
Net income
Diluted earnings per share
Shares outstanding after dilution
15.65
100
12.07
77.1
3.58
22.9
—
0
2.08
13.3
2.08
13.3
1.5
9.6
-0.06
-0.4
0.02
0.1
1.51
9.6
0.25
1.6
1.27
8.1
0.24
5.3
14.7
100
12.91
87.8
1.79
12.2
—
0
2.77
18.8
2.77
18.8
-0.98
-6.7
-0.06
-0.4
0.03
0.2
-0.89
-6.05
-0.11
-0.7
-0.78
-5.3
-0.15
5.26
12.84
100
10.68
83.2
2.17
16.9
—
0
2.11
16.4
2.11
16.4
0.05
0.4
-0.06
-0.5
0.03
0.2
0.1
0.8
0.02
0.2
0.08
0.6
0.02
5.29
14.49
100
11.98
82.7
2.51
17.3
—
0
2.58
17.8
2.58
17.8
-0.07
-0.5
-0.07
-0.5
0.02
0.1
-0.11
-0.8
-0.11
-0.8
—
0
—
5.24
11.96
100
9.87
82.5
2.08
17.4
—
0
2.08
17.4
2.08
17.4
—
0
-0.07
-0.6
0.03
0.3
-0.01
-0.08
-0.01
-0.08
0.01
0.08
—
5.29
13.25
100
10.02
75.6
3.23
24.4
—
0
2.13
16.1
2.14
16.2
1.1
8.3
-0.07
-0.5
0.16
1.2
1.22
9.2
0.31
2.3
0.91
6.9
0.17
5.27
10.44
100
8.79
84.2
1.65
15.8
—
0
1.82
17.4
1.82
17.4
-0.17
-1.6
-0.05
-0.5
0.02
0.2
-0.16
-1.5
-0.04
-0.4
-0.12
-1.1
-0.02
5.23
10.02
100
7.83
78.1
2.18
21.8
—
0
2.36
23.6
2.37
23.7
-0.18
-1.8
-0.04
-0.4
0.03
0.3
-0.16
-1.6
-0.19
-1.9
0.02
0.2
—
5.28
13.1
100
9.9
75.6
3.2
24.4
—
0
1.93
14.7
1.93
14.7
1.27
9.7
-0.04
-0.3
0.01
0.08
4.14
31.6
0.44
3.4
3.69
28.2
0.71
5.22
12.31
100
8.99
73
3.31
26.9
—
0
2.04
16.6
2.04
16.6
1.28
10.4
-0.05
-0.4
0.04
0.3
1.31
10.6
0.33
2.7
0.99
8
0.19
5.22
15.22
100
9.5
62.4
5.72
37.6
—
0
1.92
12.6
1.92
12.6
3.8
25
-0.03
-0.2
-0.01
-0.07
3.81
25
0.94
6.2
2.87
18.9
0.55
5.21
11.07
100
7.85
70.9
3.22
29.1
—
0
2.05
18.5
2.05
18.5
1.18
10.7
-0.04
-0.4
0.04
0.4
1.25
11.3
0.54
4.9
0.71
6.4
0.14
5.2
12.52
100
8.67
69.2
3.84
30.7
—
0
1.79
14.3
1.8
14.4
2.05
16.4
-0.05
-0.4
0.02
0.2
2.02
16.1
0.47
3.8
1.55
12.4
0.3
5.18
10.45
100
8.07
77.2
2.38
22.8
—
0
1.8
17.2
1.81
17.3
0.57
5.5
-0.05
-0.5
0.02
0.2
0.57
5.5
0.13
1.2
0.44
4.2
0.09
5.18
9.83
100
8.23
83.7
1.6
16.3
—
0
1.64
16.7
1.64
16.7
-0.04
-0.4
-0.05
-0.5
—
0
-0.05
-0.5
-0.01
-0.1
-0.04
-0.4
-0.01
5.18
12.44
100
9.44
75.9
3
24.1
—
0
2.03
16.3
2.03
16.3
0.97
7.8
-0.04
-0.3
-0.02
-0.2
0.93
7.5
0.19
1.5
0.74
5.9
0.14
5.17
13.21
100
10.62
80.4
2.59
19.6
—
0
1.84
13.9
1.84
13.9
0.75
5.7
-0.03
-0.2
0.02
0.2
0.76
5.8
0.18
1.4
0.58
4.4
0.11
5.14
10.85
100
8.7
80.2
2.16
19.9
—
0
1.78
16.4
1.78
16.4
0.37
3.4
-0.03
-0.3
0.02
0.2
0.37
3.4
0.09
0.8
0.29
2.7
0.06
5.14
10.19
100
7.97
78.2
2.22
21.8
—
0
1.77
17.4
1.77
17.4
0.45
4.4
-0.04
-0.4
0.02
0.2
0.44
4.3
0.1
1
0.34
3.3
0.07
5.14
11.72
100
8.22
70.1
3.5
29.9
—
0
2.3
19.6
2.3
19.6
1.19
10.2
-0.03
-0.3
0.02
0.2
1.21
10.3
0.31
2.6
0.9
7.7
0.18
5.09
9.54
100
6.95
72.9
2.59
27.1
—
0
1.93
20.2
1.93
20.2
0.66
6.9
-0.03
-0.3
0.01
0.1
0.69
7.2
0.17
1.8
0.52
5.5
0.1
5.1
9.83
100
6.86
69.8
2.98
30.3
—
0
2.07
21.1
2.06
21
0.91
9.3
-0.04
-0.4
0.01
0.1
0.92
9.4
0.23
2.3
0.69
7
0.14
5.1
9.13
100
7.53
82.5
1.59
17.4
—
0
2.14
23.4
2.15
23.5
-0.55
-6.02
-0.04
-0.4
0.01
0.1
-0.56
-6.1
-0.14
-1.5
-0.42
-4.6
-0.08
5.11
10.01
7.98
2.03
—
2
2
0.03
-0.04
0.09
0.1
0.4
0.37
0.07
5.06
11.48
8.24
3.24
—
2.01
2.01
1.23
-0.03
0.01
1.22
0.47
0.75
0.15
5.1
10.73
7.85
2.88
—
1.78
1.78
1.09
-0.04
0.01
1.07
0.36
0.71
0.14
5.09
9.5
6.18
3.32
—
1.96
1.96
1.36
-0.04
0.01
1.34
0.49
0.86
0.17
5.05
9.96
7.08
2.88
—
1.69
1.74
1.14
-0.04
0.05
1.17
0.35
0.81
0.15
5.39
12.4
8.27
4.12
—
1.47
1.44
2.69
-0.05
—
2.65
0.95
1.69
0.34
4.96
9.64
7.57
2.07
—
1.44
1.43
0.64
-0.01
—
0.64
0.22
0.42
0.08
4.97
8.06
6.78
1.28
—
1.42
1.42
-0.14
-0.02
—
-0.15
-0.06
-0.09
-0.02
4.92
7.7
5.91
1.79
—
1.53
1.48
0.32
-0.01
—
0.3
0.13
0.17
0.03
5.21
10.4
7.28
3.12
—
1.37
1.35
1.77
-0.01
—
1.76
0.61
1.15
0.23
4.95
6.9
5.23
1.67
—
1.26
1.26
0.41
-0.02
—
0.39
0.15
0.24
0.05
4.94
4.2
3.67
0.53
—
1.38
1.37
-0.84
-0.03
—
-0.86
-0.34
-0.52
-0.11
4.89
4.43
4.24
0.19
—
1.22
1.09
-0.9
-0.06
—
-1
-0.38
-0.62
-0.11
5.48
5.98
4.45
1.52
—
1.31
1.31
0.22
-0.03
—
0.19
0.08
0.11
0.02
4.93
6.43
5.02
1.41
—
1.35
1.33
0.08
-0.03
—
0.07
0.04
0.03
0.01
4.93
5.64
4.91
0.73
—
1.31
1.27
-0.55
-0.02
—
-0.56
-0.23
-0.33
-0.07
4.88
7.78
5.84
1.94
—
1.45
1.37
0.56
-0.1
—
0.49
0.16
0.33
0.07
4.85
6.91
5.14
1.76
—
1.23
1.29
0.47
-0.04
—
0.45
0.18
0.27
0.06
4.91
6.13
5.08
1.05
—
1.44
1.42
-0.36
-0.03
—
-0.38
-0.15
-0.22
-0.05
4.83
6.89
5.08
1.82
—
1.29
1.27
0.54
-0.03
—
0.52
0.21
0.31
0.06
4.9
4.72
4.16
0.56
—
1.44
1.46
-0.89
-0.03
—
-0.9
-0.29
-0.61
-0.13
4.83