Shyft Group Inc
NASDAQ:SHYF
Income Statement
Earnings Waterfall
Shyft Group Inc
Revenue
|
872.2m
USD
|
Cost of Revenue
|
-721.8m
USD
|
Gross Profit
|
150.4m
USD
|
Operating Expenses
|
-143.6m
USD
|
Operating Income
|
6.8m
USD
|
Other Expenses
|
-257k
USD
|
Net Income
|
6.5m
USD
|
Income Statement
Shyft Group 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 |
470
N/A
|
502
+7%
|
496
-1%
|
515
+4%
|
507
-1%
|
507
+0%
|
536
+6%
|
529
-1%
|
550
+4%
|
556
+1%
|
573
+3%
|
586
+2%
|
591
+1%
|
624
+6%
|
631
+1%
|
672
+6%
|
707
+5%
|
713
+1%
|
727
+2%
|
764
+5%
|
571
-25%
|
570
0%
|
565
-1%
|
564
0%
|
757
+34%
|
761
+1%
|
706
-7%
|
684
-3%
|
676
-1%
|
697
+3%
|
817
+17%
|
886
+8%
|
992
+12%
|
1 001
+1%
|
989
-1%
|
1 003
+1%
|
1 027
+2%
|
1 064
+4%
|
1 057
-1%
|
972
-8%
|
872
-10%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(424)
|
(450)
|
(448)
|
(464)
|
(451)
|
(450)
|
(474)
|
(472)
|
(503)
|
(504)
|
(519)
|
(526)
|
(518)
|
(551)
|
(559)
|
(589)
|
(618)
|
(618)
|
(625)
|
(665)
|
(497)
|
(498)
|
(499)
|
(486)
|
(640)
|
(629)
|
(570)
|
(536)
|
(530)
|
(547)
|
(639)
|
(703)
|
(793)
|
(816)
|
(814)
|
(829)
|
(847)
|
(866)
|
(859)
|
(791)
|
(722)
|
|
Gross Profit |
45
N/A
|
52
+14%
|
49
-6%
|
51
+4%
|
56
+11%
|
57
+1%
|
62
+9%
|
57
-9%
|
48
-16%
|
52
+8%
|
55
+6%
|
60
+10%
|
73
+21%
|
73
+1%
|
72
-2%
|
83
+15%
|
89
+8%
|
95
+6%
|
102
+7%
|
100
-2%
|
73
-26%
|
72
-2%
|
66
-8%
|
78
+18%
|
117
+50%
|
133
+13%
|
136
+2%
|
149
+9%
|
146
-1%
|
150
+3%
|
178
+19%
|
183
+3%
|
199
+9%
|
185
-7%
|
175
-5%
|
173
-1%
|
180
+4%
|
197
+9%
|
198
+0%
|
181
-9%
|
150
-17%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(49)
|
(57)
|
(50)
|
(49)
|
(55)
|
(56)
|
(57)
|
(56)
|
(57)
|
(57)
|
(59)
|
(61)
|
(63)
|
(65)
|
(67)
|
(70)
|
(72)
|
(75)
|
(78)
|
(78)
|
(50)
|
(46)
|
(39)
|
(40)
|
(69)
|
(78)
|
(89)
|
(92)
|
(97)
|
(100)
|
(104)
|
(107)
|
(115)
|
(121)
|
(126)
|
(130)
|
(133)
|
(141)
|
(143)
|
(143)
|
(144)
|
|
Selling, General & Administrative |
(46)
|
(49)
|
(49)
|
(50)
|
(51)
|
(51)
|
(53)
|
(52)
|
(53)
|
(53)
|
(54)
|
(55)
|
(56)
|
(57)
|
(59)
|
(63)
|
(66)
|
(69)
|
(71)
|
(72)
|
(46)
|
(42)
|
(36)
|
(39)
|
(65)
|
(72)
|
(84)
|
(87)
|
(93)
|
(96)
|
(100)
|
(102)
|
(107)
|
(109)
|
(107)
|
(107)
|
(108)
|
(113)
|
(117)
|
(119)
|
(118)
|
|
Research & Development |
(3)
|
(3)
|
(1)
|
1
|
(4)
|
(4)
|
(5)
|
(4)
|
(5)
|
(4)
|
(5)
|
(6)
|
(7)
|
(8)
|
(7)
|
(8)
|
(7)
|
(6)
|
(6)
|
(7)
|
(4)
|
(4)
|
(3)
|
(2)
|
(5)
|
(5)
|
(5)
|
(5)
|
(4)
|
(4)
|
(3)
|
(5)
|
(9)
|
(13)
|
(19)
|
(24)
|
(25)
|
(27)
|
(26)
|
(24)
|
(25)
|
|
Other Operating Expenses |
0
|
(5)
|
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 |
(3)
N/A
|
(5)
-50%
|
(1)
+79%
|
2
N/A
|
1
-44%
|
1
+40%
|
5
+221%
|
(0)
N/A
|
(10)
-9 500%
|
(6)
+43%
|
(4)
+27%
|
(1)
+73%
|
10
N/A
|
9
-12%
|
5
-36%
|
13
+131%
|
18
+40%
|
21
+18%
|
25
+19%
|
21
-13%
|
23
+8%
|
26
+10%
|
27
+6%
|
38
+40%
|
48
+26%
|
55
+16%
|
47
-15%
|
56
+20%
|
49
-13%
|
50
+3%
|
74
+48%
|
76
+2%
|
84
+11%
|
64
-24%
|
49
-23%
|
43
-12%
|
48
+10%
|
57
+20%
|
56
-2%
|
38
-32%
|
7
-82%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
(0)
|
0
|
0
|
(0)
|
1
|
2
|
2
|
(1)
|
(2)
|
(3)
|
(3)
|
(1)
|
(2)
|
(1)
|
(2)
|
(1)
|
1
|
1
|
1
|
0
|
(0)
|
(1)
|
(2)
|
(3)
|
(4)
|
(5)
|
(6)
|
(7)
|
|
Non-Reccuring Items |
(5)
|
0
|
(5)
|
(5)
|
(2)
|
(3)
|
(4)
|
(4)
|
(3)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(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
|
(1)
|
(0)
|
(1)
|
(1)
|
0
|
(0)
|
0
|
|
Pre-Tax Income |
(8)
N/A
|
(5)
+42%
|
(6)
-22%
|
(3)
+41%
|
(1)
+67%
|
(2)
-64%
|
0
N/A
|
(4)
N/A
|
(13)
-186%
|
(8)
+39%
|
(6)
+27%
|
(2)
+57%
|
9
N/A
|
7
-18%
|
4
-45%
|
11
+182%
|
16
+45%
|
21
+32%
|
25
+19%
|
22
-13%
|
22
-1%
|
23
+8%
|
24
+3%
|
35
+46%
|
47
+34%
|
53
+13%
|
46
-15%
|
55
+20%
|
48
-12%
|
51
+6%
|
75
+47%
|
77
+2%
|
85
+10%
|
64
-25%
|
48
-25%
|
41
-14%
|
44
+7%
|
52
+18%
|
50
-3%
|
32
-37%
|
1
-98%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
2
|
1
|
1
|
2
|
2
|
2
|
1
|
(3)
|
(5)
|
(6)
|
(5)
|
0
|
(0)
|
(0)
|
(0)
|
3
|
3
|
3
|
2
|
(3)
|
(3)
|
(4)
|
(4)
|
(8)
|
(10)
|
(10)
|
(8)
|
(11)
|
(10)
|
(13)
|
(19)
|
(19)
|
(15)
|
(9)
|
(5)
|
(2)
|
(7)
|
(10)
|
(9)
|
(3)
|
6
|
|
Income from Continuing Operations |
(6)
|
(4)
|
(4)
|
(2)
|
1
|
0
|
1
|
(8)
|
(18)
|
(14)
|
(11)
|
(2)
|
9
|
7
|
4
|
14
|
19
|
24
|
27
|
19
|
18
|
19
|
19
|
27
|
37
|
44
|
38
|
44
|
38
|
38
|
56
|
58
|
70
|
55
|
43
|
39
|
37
|
42
|
42
|
29
|
6
|
|
Income to Minority Interest |
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)
|
(1)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
|
Net Income (Common) |
(6)
N/A
|
(4)
+37%
|
(4)
-13%
|
(2)
+60%
|
1
N/A
|
0
-67%
|
1
+250%
|
(8)
N/A
|
(17)
-124%
|
(14)
+20%
|
(10)
+24%
|
(2)
+82%
|
9
N/A
|
7
-20%
|
4
-48%
|
14
+300%
|
16
+10%
|
21
+33%
|
24
+12%
|
16
-35%
|
15
-3%
|
12
-19%
|
12
-2%
|
17
+44%
|
(13)
N/A
|
(6)
+52%
|
(11)
-80%
|
(3)
+73%
|
33
N/A
|
36
+10%
|
54
+48%
|
56
+5%
|
69
+23%
|
54
-22%
|
43
-20%
|
39
-8%
|
37
-7%
|
42
+15%
|
42
-1%
|
29
-31%
|
6
-77%
|
|
EPS (Diluted) |
-0.18
N/A
|
-0.11
+39%
|
-0.12
-9%
|
-0.05
+58%
|
0.03
N/A
|
0.01
-67%
|
0.03
+200%
|
-0.23
N/A
|
-0.5
-117%
|
-0.4
+20%
|
-0.3
+25%
|
-0.05
+83%
|
0.25
N/A
|
0.21
-16%
|
0.11
-48%
|
0.41
+273%
|
0.45
+10%
|
0.6
+33%
|
0.67
+12%
|
0.44
-34%
|
0.42
-5%
|
0.34
-19%
|
0.33
-3%
|
0.48
+45%
|
-0.35
N/A
|
-0.17
+51%
|
-0.3
-76%
|
-0.08
+73%
|
0.91
N/A
|
0.99
+9%
|
1.48
+49%
|
1.56
+5%
|
1.9
+22%
|
1.52
-20%
|
1.21
-20%
|
1.09
-10%
|
1.03
-6%
|
1.19
+16%
|
1.17
-2%
|
0.81
-31%
|
0.19
-77%
|