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COMMAND SECURITY CORP (MOC)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsMar-31-18Mar-31-17Mar-31-16Mar-31-15Mar-31-14Mar-31-13Mar-31-12Mar-31-11
   10-K10-K10-K10-K10-K10-K10-K10-K
Revenues:  
    Six Customers  112.884.359.9     
    Five Largest Customers  69.5       
    Customer 1  45.1 18.6     
    Customer 2  26.3 17.3     
    Other   77.837.3     
Total revenues  188.0162.2133.1139.2156.7150.2141.6146.5
            Revenue growth   [+]15.9%21.8%-4.4%-11.2%4.3%6.1%-3.4%0.5%
Cost of goods sold  167.8143.9118.2119.9135.9130.0124.5126.4
Gross profit  20.218.314.919.320.920.217.120.1
            Gross margin  10.7%11.3%11.2%13.9%13.3%13.5%12.1%13.7%
Selling, general and administrative   [+]18.718.318.717.521.321.218.716.6
Equity in earnings  -0.1-0.10.10.5    
Other operating expenses  -0.1-0.10.4-0.1-3.0-2.6-2.50.2
EBITDA   [+]1.60.5-3.63.03.32.31.84.3
            EBITDA margin  0.9%0.3%-2.7%2.2%2.1%1.6%1.3%2.9%
Depreciation and amortization  0.20.50.60.60.70.70.80.9
EBIT   [+]1.40.0-4.12.42.61.71.03.3
            EBIT margin  0.7%0.0%-3.1%1.7%1.7%1.1%0.7%2.3%
Non-recurring items   [+]       0.0
Interest expense, net   [+]0.60.30.20.20.20.10.30.3
Other income (expense), net   [+]-0.4-2.1   0.0-0.20.1
Pre-tax income  0.5-2.4-4.32.22.41.50.63.0
Income taxes  1.9-0.1-1.61.01.31.00.41.4
            Tax rate  401.9%2.4%38.2%43.8%53.9%67.7%74.7%46.6%
Net income  -1.4-2.3-2.71.31.10.50.11.6
            Net margin  -0.8%-1.4%-2.0%0.9%0.7%0.3%0.1%1.1%
   
Basic EPS   [+]($0.14)($0.24)($0.27)$0.13$0.12$0.05$0.01$0.15
Diluted EPS   [+]($0.14)($0.24)($0.27)$0.13$0.12$0.05$0.01$0.15
   
Shares outstanding (basic)   [+]9.99.89.89.69.29.510.710.9
Shares outstanding (diluted)   [+]9.99.89.89.99.59.610.811.1
   
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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