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MANNATECH INC (MTEX)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-22Dec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-31-17Dec-31-16Dec-31-15
   10-K10-K10-K10-K10-K10-K10-K10-K
Revenue from Contract with Customer, Excluding Assessed Tax  137.2159.8151.4157.7173.6176.7180.3180.3
            Revenue from Contract with Customer, Excluding Assessed Tax growth  -14.1%5.5%-4.0%-9.1%-1.8%-2.0%0.0%-5.2%
Cost of sales  33.134.135.531.634.535.736.634.1
    Gross profit  104.1125.6115.9126.2139.1141.0143.7146.2
            Gross margin  75.9%78.6%76.5%80.0%80.1%79.8%79.7%81.1%
   
Operating expenses:          
Commissions and incentives  55.563.861.364.373.574.674.273.0
Selling and administrative expenses  27.529.427.830.834.235.537.234.5
Depreciation and amortization expense  1.61.72.02.12.11.91.91.8
Other operating costs  20.021.620.222.629.426.629.724.8
    Total operating expenses  104.6116.6111.4119.7139.2138.5143.1134.0
    (Loss) income from operations  -0.49.04.56.4-0.12.50.712.1
            Operating margin  -0.3%5.7%3.0%4.1%-0.1%1.4%0.4%6.7%
Interest (expense) income, net  0.10.10.10.00.30.30.20.2
Other income (expense), net  -0.2-0.21.2-0.70.3-0.3-1.8-4.2
    (Loss) income before income taxes  -0.58.95.75.70.52.5-1.08.2
Income tax provision  -4.01.00.5-2.4-4.4-4.20.4-2.4
            Tax rate     42.7%894.7%172.6%38.6%28.8%
    Net (loss) income  -4.59.86.33.3-3.9-1.8-0.65.8
   
(Loss) income per common share:          
Basic (in dollars per share)  ($2.35)$4.95$2.80$1.38($1.53)($0.66)($0.22)$2.18
Diluted (in dollars per share)  ($2.35)$4.71$2.77$1.35($1.53)($0.66)($0.22)$2.14
   
Weighted-average common shares outstanding:          
Basic (in shares)  1.92.02.22.42.52.72.72.7
Diluted (in shares)  1.92.12.32.42.52.72.72.7

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