Communications Systems Inc
NASDAQ:JCS
Income Statement
Earnings Waterfall
Communications Systems Inc
Revenue
|
17.2m
USD
|
Cost of Revenue
|
-10.5m
USD
|
Gross Profit
|
6.7m
USD
|
Operating Expenses
|
-12.8m
USD
|
Operating Income
|
-6.2m
USD
|
Other Expenses
|
7m
USD
|
Net Income
|
813.7k
USD
|
Income Statement
Communications Systems Inc
Mar-2012 | Jun-2012 | Sep-2012 | Dec-2012 | Mar-2013 | Jun-2013 | Sep-2013 | 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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | |||||||||||||||||||||||||||||||||||||||||
Revenue |
137
N/A
|
117
-15%
|
104
-11%
|
104
+0%
|
107
+3%
|
114
+6%
|
130
+14%
|
131
+1%
|
129
-2%
|
130
+1%
|
119
-9%
|
119
0%
|
113
-5%
|
108
-4%
|
107
-1%
|
108
+0%
|
113
+5%
|
111
-2%
|
104
-6%
|
99
-5%
|
95
-4%
|
91
-4%
|
86
-6%
|
82
-4%
|
78
-5%
|
71
-9%
|
66
-7%
|
42
-36%
|
37
-13%
|
32
-12%
|
31
-5%
|
36
+17%
|
34
-6%
|
33
-3%
|
31
-5%
|
43
+35%
|
44
+2%
|
37
-14%
|
27
-27%
|
17
-37%
|
|
Gross Profit | |||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(81)
|
(69)
|
(62)
|
(63)
|
(66)
|
(72)
|
(85)
|
(86)
|
(85)
|
(86)
|
(76)
|
(77)
|
(75)
|
(74)
|
(74)
|
(76)
|
(79)
|
(79)
|
(76)
|
(73)
|
(70)
|
(67)
|
(65)
|
(62)
|
(58)
|
(53)
|
(46)
|
(25)
|
(20)
|
(15)
|
(12)
|
(19)
|
(17)
|
(17)
|
(17)
|
(25)
|
(26)
|
(22)
|
(16)
|
(11)
|
|
Gross Profit |
56
N/A
|
48
-14%
|
42
-12%
|
42
-1%
|
41
0%
|
42
+2%
|
45
+7%
|
45
0%
|
44
-2%
|
45
+1%
|
43
-4%
|
42
-2%
|
38
-10%
|
35
-9%
|
33
-5%
|
32
-4%
|
33
+6%
|
32
-3%
|
29
-12%
|
27
-7%
|
26
-3%
|
24
-5%
|
21
-14%
|
21
-1%
|
20
-4%
|
18
-10%
|
20
+11%
|
18
-12%
|
17
-3%
|
17
+1%
|
18
+6%
|
17
-5%
|
17
-5%
|
16
-5%
|
15
-7%
|
17
+17%
|
18
+3%
|
15
-13%
|
11
-29%
|
7
-39%
|
|
Operating Income | |||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(42)
|
(40)
|
(39)
|
(38)
|
(38)
|
(37)
|
(38)
|
(37)
|
(36)
|
(37)
|
(37)
|
(39)
|
(40)
|
(41)
|
(41)
|
(42)
|
(37)
|
(37)
|
(35)
|
(31)
|
(33)
|
(30)
|
(29)
|
(29)
|
(29)
|
(28)
|
(28)
|
(22)
|
(21)
|
(19)
|
(18)
|
(20)
|
(20)
|
(19)
|
(18)
|
(19)
|
(20)
|
(19)
|
(16)
|
(13)
|
|
Selling, General & Administrative |
(41)
|
(40)
|
(39)
|
(38)
|
(38)
|
(37)
|
(38)
|
(37)
|
(36)
|
(37)
|
(37)
|
(39)
|
(40)
|
(41)
|
(41)
|
(41)
|
(40)
|
(40)
|
(37)
|
(35)
|
(33)
|
(30)
|
(29)
|
(29)
|
(29)
|
(28)
|
(28)
|
(22)
|
(21)
|
(19)
|
(18)
|
(20)
|
(20)
|
(19)
|
(18)
|
(19)
|
(19)
|
(19)
|
(16)
|
(12)
|
|
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)
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
3
|
3
|
3
|
4
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Operating Income |
14
N/A
|
8
-44%
|
3
-63%
|
3
+20%
|
4
+7%
|
5
+33%
|
7
+50%
|
8
+12%
|
8
-5%
|
8
-2%
|
6
-20%
|
4
-42%
|
(2)
N/A
|
(6)
-193%
|
(9)
-36%
|
(11)
-24%
|
(4)
+66%
|
(4)
-27%
|
(6)
-36%
|
(4)
+27%
|
(7)
-53%
|
(5)
+20%
|
(8)
-49%
|
(8)
+3%
|
(9)
-11%
|
(10)
-16%
|
(8)
+22%
|
(5)
+40%
|
(4)
+24%
|
(2)
+44%
|
0
N/A
|
(3)
N/A
|
(3)
-15%
|
(3)
-4%
|
(4)
-12%
|
(2)
+44%
|
(2)
+10%
|
(4)
-94%
|
(5)
-41%
|
(6)
-23%
|
|
Pre-Tax Income | |||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
0
|
0
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
(4)
|
(4)
|
(4)
|
(4)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
1
|
(0)
|
(0)
|
0
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
(6)
|
(7)
|
(7)
|
(7)
|
(1)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(3)
|
(4)
|
(4)
|
(4)
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(1)
|
(2)
|
(3)
|
(3)
|
(4)
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
1
|
1
|
1
|
1
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
0
|
0
|
|
Total Other Income |
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
|
|
Pre-Tax Income |
14
N/A
|
8
-43%
|
3
-64%
|
3
+21%
|
4
+9%
|
5
+31%
|
1
-71%
|
1
-21%
|
0
-58%
|
0
-65%
|
5
+2 806%
|
3
-31%
|
(2)
N/A
|
(6)
-185%
|
(8)
-36%
|
(10)
-23%
|
(7)
+34%
|
(8)
-13%
|
(10)
-23%
|
(8)
+18%
|
(7)
+9%
|
(9)
-21%
|
(12)
-39%
|
(12)
+1%
|
(12)
-3%
|
(11)
+12%
|
(8)
+29%
|
(5)
+41%
|
(3)
+23%
|
(2)
+46%
|
1
N/A
|
(3)
N/A
|
(3)
0%
|
(3)
-12%
|
(3)
-11%
|
(2)
+43%
|
(3)
-76%
|
(6)
-101%
|
(9)
-38%
|
(10)
-19%
|
|
Net Income | |||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(6)
|
(4)
|
(1)
|
(1)
|
(1)
|
(2)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
0
|
2
|
4
|
1
|
(1)
|
(2)
|
(2)
|
(0)
|
0
|
(0)
|
0
|
3
|
3
|
3
|
3
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
|
Income from Continuing Operations |
7
|
4
|
2
|
2
|
2
|
3
|
(0)
|
(1)
|
(1)
|
(2)
|
2
|
2
|
(2)
|
(5)
|
(5)
|
(10)
|
(8)
|
(9)
|
(12)
|
(8)
|
(7)
|
(9)
|
(12)
|
(9)
|
(9)
|
(8)
|
(5)
|
(5)
|
(4)
|
(2)
|
0
|
(2)
|
(3)
|
(3)
|
(3)
|
(2)
|
(3)
|
(6)
|
(9)
|
(10)
|
|
Net Income (Common) |
7
N/A
|
4
-43%
|
2
-62%
|
2
+42%
|
2
+8%
|
3
+28%
|
(0)
N/A
|
(1)
-1 271%
|
(1)
-40%
|
(2)
-15%
|
2
N/A
|
2
-11%
|
(2)
N/A
|
(5)
-120%
|
(5)
-9%
|
(10)
-95%
|
(8)
+18%
|
(9)
-19%
|
(12)
-27%
|
(8)
+32%
|
(7)
+12%
|
(9)
-22%
|
(12)
-37%
|
(12)
+1%
|
(12)
-3%
|
(11)
+12%
|
(8)
+28%
|
(7)
+12%
|
(5)
+31%
|
1
N/A
|
4
+456%
|
3
-20%
|
4
+39%
|
(0)
N/A
|
(2)
-643%
|
(0)
+89%
|
(4)
-2 033%
|
(6)
-56%
|
2
N/A
|
1
-65%
|
|
EPS (Diluted) |
0.86
N/A
|
0.49
-43%
|
0.19
-61%
|
0.26
+37%
|
0.28
+8%
|
0.36
+29%
|
-0.01
N/A
|
-0.11
-1 000%
|
-0.16
-45%
|
-0.17
-6%
|
0.25
N/A
|
0.23
-8%
|
-0.24
N/A
|
-0.52
-117%
|
-0.57
-10%
|
-1.1
-93%
|
-0.9
+18%
|
-1.07
-19%
|
-1.36
-27%
|
-0.91
+33%
|
-0.81
+11%
|
-0.97
-20%
|
-1.34
-38%
|
-1.32
+1%
|
-1.35
-2%
|
-1.17
+13%
|
-0.85
+27%
|
-0.73
+14%
|
-0.51
+30%
|
0.08
N/A
|
0.43
+438%
|
0.35
-19%
|
0.48
+37%
|
-0.02
N/A
|
-0.18
-800%
|
-0.02
+89%
|
-0.41
-1 950%
|
-0.63
-54%
|
0.98
N/A
|
0.33
-66%
|