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Income Statement
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STR HOLDINGS, INC. (STRI)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-18Dec-31-17Dec-31-16Dec-31-15Dec-31-14Dec-31-13Dec-31-12Dec-31-11
   10-K10-K10-K10-K10-K10-K10-K10-K
Net sales  10.913.520.129.839.331.995.3232.4
            Net sales growth  -19.7%-32.7%-32.5%-24.2%23.3%-66.6%-59.0%-10.3%
Cost of sales  11.514.922.131.644.534.197.2160.4
    Gross loss  -0.7-1.4-2.0-1.8-5.2-2.2-1.872.0
            Gross margin  -6.1%-10.2%-10.0%-6.1%-13.3%-7.0%-1.9%31.0%
Selling, general and administrative expenses  5.66.17.110.212.818.321.327.8
Research and development expense  0.80.71.21.31.22.74.42.6
Provision for bad debt expense  0.6-0.92.4-0.30.51.80.50.4
Asset impairment expense       0.237.41.9
    Operating loss  -7.7-7.3-12.6-13.0-19.7-25.2-283.5-24.6
            Operating margin  -71.0%-53.6%-62.9%-43.7%-50.2%-79.2%-297.3%-10.6%
Interest (expense) income, net  0.00.00.00.00.00.0-0.20.2
Other income, net  2.22.7-1.8-0.73.6 7.2 
Gain/(loss) on disposal of fixed assets  -0.4-0.4-0.9 -0.50.2  
Foreign currency transaction (loss) gain  -0.20.1-0.50.00.3-0.4-0.30.2
    Loss before income tax (benefit) expense  -6.2-4.9-15.9-13.8    
Income tax (benefit) expense  0.4-0.2 0.4-6.57.366.3-10.7
    Net loss  -5.8-5.1-15.9-13.4-22.7-18.3-211.6-39.4
   
Other comprehensive loss:          
Foreign currency translation  -0.31.1-0.6-1.8-2.10.50.1-1.6
    Other comprehensive loss  -0.31.1-0.6-1.8-2.10.50.1-1.6
    Comprehensive loss  -6.1-4.0-16.5-11.3-25.8-17.8-207.2-2.9
   
Net loss per share (Note 3):          
Basic (in dollars per share)  ($0.29)($0.27)($1.72)($0.52)($2.16)($1.32)($15.06)($0.03)
Diluted (in dollars per share)  ($0.29)($0.27)($1.72)($0.52)($2.16)($1.32)($15.06)($0.03)
   
Weighted–average shares outstanding (Note 3):          
Basic (in shares)  19.818.918.418.110.913.913.840.9
Diluted (in shares)  19.818.918.418.110.913.913.840.9

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