Farmer Bros Co
NASDAQ:FARM
Income Statement
Earnings Waterfall
Farmer Bros Co
Revenue
|
298.8m
USD
|
Cost of Revenue
|
-174.6m
USD
|
Gross Profit
|
124.1m
USD
|
Operating Expenses
|
-146.2m
USD
|
Operating Income
|
-22.1m
USD
|
Other Expenses
|
-34.7m
USD
|
Net Income
|
-56.8m
USD
|
Income Statement
Farmer Bros Co
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
530
N/A
|
528
0%
|
528
+0%
|
535
+1%
|
537
+0%
|
544
+1%
|
546
+0%
|
543
0%
|
541
0%
|
543
+0%
|
544
+0%
|
542
-1%
|
538
-1%
|
542
+1%
|
542
0%
|
543
+0%
|
571
+5%
|
591
+3%
|
607
+3%
|
622
+3%
|
615
-1%
|
603
-2%
|
596
-1%
|
587
-1%
|
580
-1%
|
562
-3%
|
501
-11%
|
460
-8%
|
412
-10%
|
376
-9%
|
262
-30%
|
273
+4%
|
287
+5%
|
313
+9%
|
315
+1%
|
286
-9%
|
301
+5%
|
305
+2%
|
340
+11%
|
342
+1%
|
299
-13%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(334)
|
(332)
|
(333)
|
(339)
|
(342)
|
(350)
|
(349)
|
(344)
|
(342)
|
(338)
|
(373)
|
(370)
|
(364)
|
(367)
|
(355)
|
(361)
|
(388)
|
(409)
|
(399)
|
(413)
|
(408)
|
(409)
|
(417)
|
(416)
|
(418)
|
(402)
|
(363)
|
(340)
|
(310)
|
(288)
|
(166)
|
(168)
|
(173)
|
(188)
|
(181)
|
(157)
|
(176)
|
(188)
|
(225)
|
(224)
|
(175)
|
|
Gross Profit |
196
N/A
|
197
+0%
|
196
0%
|
196
+0%
|
195
-1%
|
193
-1%
|
197
+2%
|
200
+1%
|
199
0%
|
205
+3%
|
171
-17%
|
172
+0%
|
174
+1%
|
175
+1%
|
187
+7%
|
182
-3%
|
183
+1%
|
181
-1%
|
207
+14%
|
210
+1%
|
206
-1%
|
194
-6%
|
179
-8%
|
171
-4%
|
162
-5%
|
160
-1%
|
138
-14%
|
120
-13%
|
102
-15%
|
88
-14%
|
96
+9%
|
105
+9%
|
114
+8%
|
125
+10%
|
134
+7%
|
129
-3%
|
125
-4%
|
118
-6%
|
115
-3%
|
118
+3%
|
124
+5%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(190)
|
(193)
|
(191)
|
(191)
|
(191)
|
(185)
|
(183)
|
(183)
|
(182)
|
(187)
|
(165)
|
(167)
|
(172)
|
(172)
|
(177)
|
(173)
|
(177)
|
(179)
|
(203)
|
(205)
|
(200)
|
(194)
|
(189)
|
(189)
|
(184)
|
(179)
|
(164)
|
(151)
|
(141)
|
(134)
|
(127)
|
(132)
|
(135)
|
(140)
|
(143)
|
(140)
|
(138)
|
(137)
|
(141)
|
(145)
|
(146)
|
|
Selling, General & Administrative |
(190)
|
(193)
|
(191)
|
(191)
|
(191)
|
(185)
|
(183)
|
(183)
|
(182)
|
(187)
|
(165)
|
(167)
|
(172)
|
(172)
|
(177)
|
(173)
|
(177)
|
(179)
|
(203)
|
(205)
|
(200)
|
(194)
|
(189)
|
(189)
|
(183)
|
(179)
|
(164)
|
(151)
|
(141)
|
(134)
|
(127)
|
(132)
|
(135)
|
(140)
|
(143)
|
(140)
|
(137)
|
(137)
|
(141)
|
(145)
|
(146)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
(0)
|
|
Operating Income |
6
N/A
|
4
-29%
|
5
+31%
|
5
-4%
|
4
-22%
|
8
+116%
|
14
+72%
|
16
+14%
|
17
+6%
|
18
+5%
|
6
-67%
|
5
-14%
|
2
-67%
|
3
+71%
|
10
+255%
|
8
-18%
|
6
-29%
|
2
-65%
|
5
+119%
|
5
+9%
|
7
+36%
|
1
-91%
|
(10)
N/A
|
(17)
-81%
|
(21)
-22%
|
(18)
+14%
|
(26)
-44%
|
(31)
-19%
|
(39)
-25%
|
(46)
-18%
|
(32)
+32%
|
(27)
+14%
|
(21)
+21%
|
(15)
+30%
|
(9)
+41%
|
(11)
-18%
|
(13)
-21%
|
(19)
-53%
|
(26)
-35%
|
(27)
-3%
|
(22)
+18%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(2)
|
(2)
|
3
|
0
|
0
|
(1)
|
(3)
|
(3)
|
(2)
|
(0)
|
1
|
1
|
(2)
|
(1)
|
(9)
|
(13)
|
(11)
|
(15)
|
(10)
|
(10)
|
(14)
|
(15)
|
(14)
|
(14)
|
(12)
|
(11)
|
(12)
|
(11)
|
(10)
|
(11)
|
(7)
|
(6)
|
(6)
|
(3)
|
1
|
1
|
(6)
|
(8)
|
(16)
|
(15)
|
(11)
|
|
Non-Reccuring Items |
1
|
0
|
4
|
4
|
3
|
(1)
|
(11)
|
(16)
|
(15)
|
(14)
|
(8)
|
(4)
|
30
|
30
|
29
|
30
|
(4)
|
(5)
|
(4)
|
(8)
|
(20)
|
(17)
|
(16)
|
1
|
24
|
(12)
|
(11)
|
(24)
|
(35)
|
1
|
6
|
11
|
11
|
11
|
3
|
6
|
6
|
7
|
5
|
5
|
11
|
|
Total Other Income |
(3)
|
4
|
1
|
5
|
5
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
1
|
1
|
7
|
11
|
11
|
13
|
8
|
7
|
8
|
7
|
6
|
6
|
5
|
5
|
12
|
19
|
25
|
24
|
16
|
9
|
3
|
3
|
4
|
4
|
4
|
4
|
3
|
4
|
4
|
|
Pre-Tax Income |
2
N/A
|
6
+235%
|
13
+125%
|
13
+5%
|
11
-15%
|
6
-48%
|
1
-81%
|
(3)
N/A
|
(0)
+97%
|
4
N/A
|
(0)
N/A
|
3
N/A
|
31
+812%
|
33
+6%
|
37
+14%
|
36
-3%
|
2
-94%
|
(4)
N/A
|
(1)
+76%
|
(7)
-570%
|
(19)
-187%
|
(24)
-27%
|
(34)
-38%
|
(25)
+26%
|
(4)
+83%
|
(36)
-767%
|
(37)
-2%
|
(48)
-28%
|
(60)
-24%
|
(33)
+45%
|
(16)
+50%
|
(13)
+23%
|
(14)
-10%
|
(4)
+70%
|
(2)
+54%
|
(1)
+47%
|
(9)
-830%
|
(17)
-80%
|
(34)
-106%
|
(34)
+0%
|
(18)
+48%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
1
|
0
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
72
|
71
|
58
|
57
|
(15)
|
(14)
|
0
|
3
|
1
|
3
|
4
|
(41)
|
(40)
|
(41)
|
(44)
|
0
|
0
|
0
|
(14)
|
(15)
|
(14)
|
(14)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
1
|
0
|
|
Income from Continuing Operations |
2
|
6
|
12
|
13
|
11
|
6
|
1
|
(3)
|
(0)
|
4
|
72
|
75
|
89
|
89
|
23
|
22
|
3
|
(1)
|
(0)
|
(4)
|
(15)
|
(65)
|
(74)
|
(66)
|
(48)
|
(36)
|
(37)
|
(48)
|
(74)
|
(47)
|
(30)
|
(26)
|
(14)
|
(4)
|
(2)
|
(1)
|
(9)
|
(17)
|
(34)
|
(34)
|
(17)
|
|
Net Income (Common) |
2
N/A
|
6
+165%
|
12
+98%
|
13
+6%
|
11
-14%
|
6
-46%
|
1
-88%
|
(3)
N/A
|
(0)
+90%
|
4
N/A
|
72
+1 949%
|
74
+4%
|
89
+19%
|
89
+0%
|
23
-75%
|
22
-4%
|
(15)
N/A
|
(19)
-25%
|
(19)
+3%
|
(23)
-20%
|
(16)
+31%
|
(65)
-317%
|
(74)
-14%
|
(66)
+10%
|
(49)
+27%
|
(37)
+25%
|
(38)
-2%
|
(48)
-29%
|
(74)
-53%
|
(48)
+35%
|
(42)
+12%
|
(38)
+9%
|
(26)
+32%
|
(17)
+37%
|
(16)
+1%
|
(21)
-29%
|
(29)
-38%
|
(36)
-25%
|
(79)
-118%
|
(73)
+8%
|
(57)
+22%
|
|
EPS (Diluted) |
0.13
N/A
|
0.36
+177%
|
0.75
+108%
|
0.78
+4%
|
0.67
-14%
|
0.36
-46%
|
0.04
-89%
|
-0.18
N/A
|
-0.02
+89%
|
0.21
N/A
|
4.31
+1 952%
|
4.47
+4%
|
5.25
+17%
|
5.36
+2%
|
1.34
-75%
|
1.31
-2%
|
-0.9
N/A
|
-1.14
-27%
|
-1.11
+3%
|
-1.33
-20%
|
-0.92
+31%
|
-3.83
-316%
|
-4.35
-14%
|
-3.79
+13%
|
-2.76
+27%
|
-2.13
+23%
|
-2.18
-2%
|
-2.78
-28%
|
-4.22
-52%
|
-2.69
+36%
|
-2.39
+11%
|
-2.13
+11%
|
-1.44
+32%
|
-0.9
+38%
|
-0.89
+1%
|
-1.11
-25%
|
-1.55
-40%
|
-1.82
-17%
|
-4.04
-122%
|
-3.58
+11%
|
-2.71
+24%
|