NAPCO Security Technologies Inc
NASDAQ:NSSC
Income Statement
Earnings Waterfall
NAPCO Security Technologies Inc
Revenue
|
177.4m
USD
|
Cost of Revenue
|
-85.7m
USD
|
Gross Profit
|
91.7m
USD
|
Operating Expenses
|
-44m
USD
|
Operating Income
|
47.7m
USD
|
Other Expenses
|
-4.5m
USD
|
Net Income
|
43.2m
USD
|
Income Statement
NAPCO Security Technologies Inc
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 |
75
N/A
|
75
+0%
|
74
0%
|
74
+0%
|
76
+2%
|
76
+1%
|
78
+2%
|
79
+1%
|
80
+1%
|
81
+2%
|
83
+1%
|
85
+2%
|
85
+0%
|
86
+1%
|
87
+2%
|
88
+1%
|
89
+0%
|
90
+2%
|
92
+2%
|
94
+2%
|
98
+4%
|
101
+3%
|
103
+2%
|
106
+3%
|
107
+1%
|
108
+1%
|
101
-6%
|
98
-3%
|
100
+1%
|
102
+2%
|
114
+12%
|
122
+7%
|
128
+5%
|
136
+6%
|
144
+6%
|
152
+6%
|
161
+6%
|
169
+5%
|
170
+1%
|
172
+1%
|
177
+3%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(51)
|
(51)
|
(51)
|
(51)
|
(51)
|
(51)
|
(52)
|
(52)
|
(53)
|
(54)
|
(55)
|
(56)
|
(56)
|
(55)
|
(51)
|
(55)
|
(55)
|
(56)
|
(54)
|
(57)
|
(56)
|
(58)
|
(59)
|
(60)
|
(59)
|
(59)
|
(59)
|
(56)
|
(58)
|
(59)
|
(63)
|
(68)
|
(75)
|
(80)
|
(84)
|
(92)
|
(98)
|
(99)
|
(97)
|
(91)
|
(86)
|
|
Gross Profit |
23
N/A
|
24
+3%
|
24
0%
|
24
+1%
|
25
+4%
|
25
+0%
|
26
+4%
|
26
+2%
|
27
+0%
|
27
+3%
|
28
+1%
|
28
+3%
|
29
+1%
|
31
+8%
|
36
+17%
|
33
-8%
|
34
+1%
|
34
+2%
|
38
+11%
|
37
-2%
|
41
+10%
|
43
+4%
|
44
+3%
|
46
+4%
|
48
+3%
|
49
+3%
|
43
-12%
|
42
-2%
|
41
-2%
|
42
+2%
|
51
+20%
|
54
+6%
|
54
+0%
|
56
+4%
|
59
+6%
|
60
+2%
|
63
+5%
|
69
+10%
|
73
+5%
|
81
+11%
|
92
+13%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(19)
|
(19)
|
(19)
|
(20)
|
(20)
|
(20)
|
(21)
|
(21)
|
(21)
|
(21)
|
(21)
|
(22)
|
(22)
|
(24)
|
(30)
|
(27)
|
(27)
|
(27)
|
(30)
|
(28)
|
(30)
|
(30)
|
(31)
|
(31)
|
(31)
|
(32)
|
(31)
|
(33)
|
(33)
|
(32)
|
(33)
|
(34)
|
(33)
|
(35)
|
(41)
|
(43)
|
(42)
|
(43)
|
(43)
|
(43)
|
(44)
|
|
Selling, General & Administrative |
(19)
|
(19)
|
(19)
|
(20)
|
(20)
|
(20)
|
(21)
|
(21)
|
(21)
|
(21)
|
(21)
|
(22)
|
(22)
|
(23)
|
(23)
|
(23)
|
(23)
|
(23)
|
(23)
|
(23)
|
(23)
|
(23)
|
(23)
|
(23)
|
(24)
|
(25)
|
(24)
|
(24)
|
(23)
|
(23)
|
(25)
|
(26)
|
(29)
|
(31)
|
(33)
|
(34)
|
(34)
|
(34)
|
(34)
|
(34)
|
(34)
|
|
Research & Development |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(2)
|
(7)
|
0
|
0
|
(3)
|
(7)
|
(5)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(9)
|
(9)
|
(9)
|
(9)
|
(9)
|
(10)
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(3)
|
(3)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
4
|
4
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Operating Income |
5
N/A
|
5
+11%
|
4
-14%
|
4
+0%
|
5
+14%
|
5
-5%
|
5
+14%
|
5
+1%
|
5
-1%
|
6
+14%
|
6
+5%
|
7
+7%
|
7
+1%
|
7
-1%
|
6
-4%
|
7
+5%
|
7
+2%
|
8
+11%
|
8
+11%
|
9
+9%
|
11
+23%
|
13
+15%
|
14
+6%
|
16
+13%
|
16
+4%
|
17
+2%
|
12
-28%
|
9
-24%
|
9
-4%
|
10
+11%
|
18
+83%
|
19
+9%
|
21
+8%
|
21
-2%
|
18
-11%
|
18
-3%
|
21
+17%
|
27
+29%
|
30
+13%
|
38
+26%
|
48
+25%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(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
|
1
|
1
|
2
|
|
Non-Reccuring Items |
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
|
(2)
|
0
|
0
|
0
|
0
|
4
|
0
|
0
|
4
|
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
|
0
|
|
Pre-Tax Income |
4
N/A
|
5
+14%
|
4
-15%
|
4
+2%
|
5
+15%
|
4
-6%
|
5
+15%
|
5
+1%
|
5
-1%
|
6
+15%
|
6
+5%
|
7
+8%
|
7
+1%
|
7
-1%
|
6
-4%
|
7
+5%
|
7
+1%
|
8
+11%
|
8
+11%
|
9
+9%
|
11
+24%
|
13
+16%
|
14
+7%
|
16
+13%
|
16
+5%
|
17
+2%
|
10
-40%
|
9
-10%
|
9
-4%
|
10
+11%
|
18
+84%
|
23
+31%
|
21
-10%
|
20
-3%
|
22
+6%
|
17
-21%
|
20
+18%
|
27
+32%
|
31
+15%
|
40
+27%
|
50
+25%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(2)
|
(3)
|
(2)
|
(2)
|
(3)
|
(3)
|
(4)
|
(5)
|
(7)
|
|
Income from Continuing Operations |
4
|
4
|
4
|
4
|
4
|
4
|
5
|
5
|
5
|
6
|
6
|
6
|
6
|
6
|
6
|
6
|
6
|
7
|
8
|
9
|
10
|
12
|
13
|
14
|
15
|
15
|
8
|
7
|
7
|
7
|
15
|
21
|
19
|
18
|
20
|
15
|
18
|
24
|
27
|
35
|
43
|
|
Net Income (Common) |
4
N/A
|
4
+14%
|
4
-20%
|
4
+1%
|
4
+16%
|
4
-6%
|
5
+25%
|
5
+4%
|
5
+1%
|
6
+13%
|
6
+2%
|
6
+4%
|
6
-2%
|
6
-2%
|
6
-4%
|
6
+6%
|
6
+6%
|
7
+14%
|
8
+6%
|
8
+9%
|
10
+20%
|
11
+13%
|
13
+12%
|
14
+14%
|
15
+5%
|
15
+3%
|
8
-49%
|
7
-12%
|
7
-5%
|
7
+11%
|
15
+112%
|
21
+35%
|
19
-10%
|
18
-6%
|
20
+11%
|
15
-24%
|
18
+19%
|
24
+35%
|
27
+12%
|
35
+27%
|
43
+25%
|
|
EPS (Diluted) |
0.09
N/A
|
0.11
+22%
|
0.09
-18%
|
0.09
N/A
|
0.1
+11%
|
0.09
-10%
|
0.13
+44%
|
0.13
N/A
|
0.14
+8%
|
0.16
+14%
|
0.15
-6%
|
0.17
+13%
|
0.16
-6%
|
0.16
N/A
|
0.15
-6%
|
0.16
+7%
|
0.17
+6%
|
0.19
+12%
|
0.21
+11%
|
0.23
+10%
|
0.28
+22%
|
0.31
+11%
|
0.34
+10%
|
0.38
+12%
|
0.4
+5%
|
0.42
+5%
|
0.21
-50%
|
0.19
-10%
|
0.18
-5%
|
0.2
+11%
|
0.42
+110%
|
0.57
+36%
|
0.51
-11%
|
0.48
-6%
|
0.53
+10%
|
0.4
-25%
|
0.48
+20%
|
0.65
+35%
|
0.73
+12%
|
0.93
+27%
|
1.16
+25%
|