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Income Statement
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POWER SOLUTIONS INTERNATIONAL, INC. (PSIX)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsJun-30-23Mar-31-23Dec-31-22Sep-30-22Jun-30-22Mar-31-22Dec-31-21Sep-30-21
   10-Q10-Q8-K10-Q10-Q10-Q10-K10-Q
Net sales  121.9116.5 124.9120.598.9127.0117.6
            Net sales growth  1.2%17.7% 6.2%8.1%-1.2%20.9%2.8%
Cost of sales  94.993.0 100.8102.282.2117.3106.3
    Gross profit  27.023.5 24.118.316.79.711.3
            Gross margin  22.1%20.2% 19.3%15.2%16.9%7.6%9.6%
   
Operating expenses:          
Research, development and engineering expenses  4.74.6 4.84.64.64.75.4
Selling, general and administrative expenses  10.69.9 11.510.011.410.011.0
Amortization of intangible assets  0.40.4 0.50.50.50.60.6
    Total operating expenses  15.614.9 16.915.116.515.317.0
    Operating income  11.38.5 7.23.20.2-5.6-5.7
            Operating margin  9.3%7.3% 5.8%2.7%0.2%-4.4%-4.8%
Interest expense  -4.6-4.7 -3.6-2.7-2.4-2.1-1.6
    Income (Loss) before income taxes  6.73.9 3.60.6-2.2-7.7-7.3
Income tax expense (benefit)  0.20.1 0.4-0.80.4-0.1-0.1
    Net income (loss)  6.43.7 3.21.4-2.6-7.6-7.2
   
Weighted-average common shares outstanding:          
Basic (in shares)  23.023.0 22.922.922.922.922.9
Diluted (in shares)  23.023.0 23.022.922.922.922.9
   
Earnings (Loss) per common share:          
Basic (in dollars per share)  $0.28$0.16 $0.14$0.06($0.11)($0.33)($0.31)
Diluted (in dollars per share)  $0.28$0.16 $0.14$0.06($0.11)($0.33)($0.31)

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