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ZAGG Inc (ZAGG)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsSep-30-20Jun-30-20Mar-31-20Dec-31-19Sep-30-19Jun-30-19Mar-31-19Dec-31-18
   10-Q10-Q10-Q8-K10-Q10-Q10-Q10-K
Net sales  473.4504.5534.2521.9498.5493.1504.9538.2
            Net sales growth  -5.0%2.3%5.8%-3.0%-9.1%-9.0%-6.3%3.6%
Cost of sales  240.8255.9271.1 324.2320.9332.8352.4
    Gross profit  110.2126.2140.6183.4174.4172.2172.1185.9
            Gross margin  23.3%25.0%26.3%35.1%35.0%34.9%34.1%34.5%
   
Operating expenses:          
Advertising and marketing  16.016.919.019.216.915.914.012.0
Selling, general, and administrative  131.1142.1155.0154.1146.9139.2129.9120.6
Transaction costs  1.21.72.01.92.22.31.91.7
Impairment of goodwill    18.6     
Loss on disposal of intangible assets and equipment    3.8 0.10.00.0 
Amortization of intangible assets  14.314.816.117.016.515.413.611.9
    Total operating expenses  168.9181.1195.5173.2165.7156.9145.4134.2
    Income (loss) from operations  -58.7-54.9-54.910.28.715.326.751.7
            Operating margin  -12.4%-10.9%-10.3%2.0%1.7%3.1%5.3%9.6%
   
Other income (expense):          
Interest expense  -5.0-5.3-5.4-4.9-3.9-3.0-2.2-1.7
Other income (expense)  0.7-0.60.4-0.10.10.4-1.5-0.5
    Total other expense  -1.8-4.3-2.3-2.3-2.6-1.4-3.7-1.7
    Income (loss) before provision for income taxes  -82.8-80.7-79.9 4.912.723.049.5
Income tax (provision) benefit  14.514.912.18.1-1.7-3.5-5.3-10.3
    Net income (loss)  -47.7-45.2-47.213.93.29.217.739.2
   
Earnings (loss) per share attributable to stockholders:          
Basic earnings (loss) per share (in usd per share)  ($1.58)($1.49)($1.56)$0.48$0.14$0.36$0.65$1.40
Diluted earnings (loss) per share (in usd per share)  ($1.59)($1.50)($1.57)$0.47$0.13$0.34$0.63$1.37

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