Universal Stainless & Alloy Products Inc
NASDAQ:USAP
Income Statement
Earnings Waterfall
Universal Stainless & Alloy Products Inc
Revenue
|
285.9m
USD
|
Cost of Revenue
|
-244.4m
USD
|
Gross Profit
|
41.5m
USD
|
Operating Expenses
|
-27.8m
USD
|
Operating Income
|
13.8m
USD
|
Other Expenses
|
-8.8m
USD
|
Net Income
|
4.9m
USD
|
Income Statement
Universal Stainless & Alloy Products 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 |
181
N/A
|
178
-1%
|
188
+5%
|
193
+3%
|
206
+7%
|
215
+5%
|
212
-1%
|
202
-5%
|
181
-11%
|
164
-9%
|
156
-5%
|
152
-2%
|
154
+2%
|
164
+6%
|
175
+7%
|
187
+6%
|
203
+9%
|
218
+7%
|
231
+6%
|
249
+8%
|
256
+3%
|
252
-1%
|
257
+2%
|
245
-5%
|
243
-1%
|
241
-1%
|
223
-8%
|
204
-9%
|
180
-12%
|
158
-12%
|
144
-9%
|
144
0%
|
156
+8%
|
166
+7%
|
180
+8%
|
189
+5%
|
202
+7%
|
220
+9%
|
237
+8%
|
262
+11%
|
286
+9%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(167)
|
(163)
|
(169)
|
(168)
|
(174)
|
(183)
|
(184)
|
(183)
|
(171)
|
(159)
|
(151)
|
(142)
|
(141)
|
(147)
|
(156)
|
(167)
|
(180)
|
(189)
|
(198)
|
(212)
|
(218)
|
(217)
|
(224)
|
(217)
|
(215)
|
(216)
|
(205)
|
(195)
|
(182)
|
(166)
|
(152)
|
(145)
|
(148)
|
(154)
|
(165)
|
(174)
|
(188)
|
(203)
|
(214)
|
(232)
|
(244)
|
|
Gross Profit |
14
N/A
|
15
+10%
|
18
+20%
|
25
+34%
|
32
+30%
|
32
-1%
|
28
-10%
|
19
-32%
|
10
-51%
|
5
-46%
|
4
-16%
|
10
+117%
|
14
+42%
|
16
+22%
|
19
+17%
|
20
+4%
|
23
+15%
|
28
+22%
|
33
+16%
|
38
+15%
|
38
+1%
|
36
-5%
|
33
-7%
|
28
-15%
|
28
-2%
|
25
-9%
|
18
-28%
|
8
-54%
|
(3)
N/A
|
(8)
-190%
|
(8)
+3%
|
(1)
+89%
|
8
N/A
|
12
+53%
|
15
+21%
|
16
+5%
|
14
-9%
|
18
+26%
|
23
+29%
|
31
+34%
|
42
+35%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(18)
|
(18)
|
(18)
|
(19)
|
(21)
|
(21)
|
(21)
|
(21)
|
(19)
|
(39)
|
(38)
|
(17)
|
(18)
|
(18)
|
(18)
|
(18)
|
(19)
|
(19)
|
(21)
|
(21)
|
(22)
|
(22)
|
(21)
|
(21)
|
(20)
|
(21)
|
(21)
|
(21)
|
(20)
|
(19)
|
(19)
|
(20)
|
(20)
|
(10)
|
(10)
|
(20)
|
(21)
|
(22)
|
(24)
|
(25)
|
(28)
|
|
Selling, General & Administrative |
(17)
|
(18)
|
(18)
|
(19)
|
(21)
|
(21)
|
(21)
|
(21)
|
(19)
|
(19)
|
(18)
|
(17)
|
(18)
|
(18)
|
(18)
|
(18)
|
(19)
|
(19)
|
(21)
|
(21)
|
(22)
|
(22)
|
(21)
|
(21)
|
(20)
|
(21)
|
(21)
|
(21)
|
(20)
|
(19)
|
(19)
|
(20)
|
(20)
|
(20)
|
(20)
|
(20)
|
(21)
|
(22)
|
(24)
|
(25)
|
(27)
|
|
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
|
(1)
|
0
|
0
|
0
|
(1)
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(20)
|
(20)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
10
|
10
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Operating Income |
(4)
N/A
|
(3)
+31%
|
0
N/A
|
5
+8 583%
|
11
+109%
|
10
-4%
|
7
-29%
|
(1)
N/A
|
(10)
-666%
|
(34)
-243%
|
(34)
-1%
|
(8)
+77%
|
(4)
+50%
|
(2)
+51%
|
1
N/A
|
2
+81%
|
4
+139%
|
9
+110%
|
12
+36%
|
16
+36%
|
16
-1%
|
14
-10%
|
12
-16%
|
8
-37%
|
7
-3%
|
4
-47%
|
(3)
N/A
|
(12)
-304%
|
(22)
-80%
|
(27)
-20%
|
(26)
+2%
|
(21)
+22%
|
(12)
+40%
|
2
N/A
|
5
+111%
|
(5)
N/A
|
(7)
-42%
|
(5)
+35%
|
(1)
+80%
|
6
N/A
|
14
+138%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(3)
|
(3)
|
(3)
|
(4)
|
(4)
|
(4)
|
(3)
|
(3)
|
(3)
|
(4)
|
(4)
|
(4)
|
(5)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(5)
|
(5)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(3)
|
(3)
|
(3)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(4)
|
(6)
|
(7)
|
(8)
|
(8)
|
|
Non-Reccuring Items |
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
(20)
|
(20)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
10
|
10
|
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
|
1
|
1
|
1
|
1
|
0
|
1
|
1
|
1
|
1
|
0
|
1
|
1
|
1
|
1
|
0
|
0
|
1
|
1
|
1
|
1
|
1
|
0
|
(0)
|
|
Pre-Tax Income |
(7)
N/A
|
(6)
+16%
|
(3)
+47%
|
2
N/A
|
7
+353%
|
7
-5%
|
4
-40%
|
(25)
N/A
|
(33)
-33%
|
(37)
-14%
|
(38)
-2%
|
(12)
+68%
|
(9)
+28%
|
(6)
+33%
|
(3)
+47%
|
(2)
+23%
|
0
N/A
|
4
N/A
|
8
+81%
|
12
+56%
|
13
+1%
|
11
-11%
|
8
-24%
|
4
-50%
|
4
-11%
|
0
-90%
|
(6)
N/A
|
(15)
-143%
|
(24)
-57%
|
(28)
-17%
|
(28)
+3%
|
(12)
+57%
|
(4)
+67%
|
0
N/A
|
2
+757%
|
(7)
N/A
|
(11)
-47%
|
(10)
+11%
|
(7)
+25%
|
(2)
+72%
|
5
N/A
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
3
|
1
|
(1)
|
(2)
|
(3)
|
(2)
|
(1)
|
9
|
12
|
14
|
14
|
5
|
4
|
2
|
1
|
1
|
(1)
|
(2)
|
(2)
|
(3)
|
(2)
|
(1)
|
(1)
|
0
|
1
|
1
|
3
|
4
|
5
|
6
|
6
|
6
|
3
|
2
|
1
|
1
|
3
|
3
|
2
|
1
|
(0)
|
|
Income from Continuing Operations |
(4)
|
(5)
|
(4)
|
(1)
|
4
|
5
|
3
|
(16)
|
(21)
|
(23)
|
(24)
|
(7)
|
(5)
|
(4)
|
(2)
|
(2)
|
(1)
|
3
|
5
|
10
|
11
|
10
|
8
|
5
|
4
|
2
|
(4)
|
(12)
|
(19)
|
(22)
|
(21)
|
(6)
|
(1)
|
2
|
3
|
(6)
|
(8)
|
(7)
|
(5)
|
(1)
|
5
|
|
Net Income (Common) |
(4)
N/A
|
(5)
-13%
|
(4)
+21%
|
(1)
+86%
|
4
N/A
|
5
+14%
|
3
-39%
|
(16)
N/A
|
(21)
-33%
|
(23)
-12%
|
(24)
-2%
|
(7)
+70%
|
(5)
+26%
|
(4)
+22%
|
(2)
+49%
|
(2)
+12%
|
8
N/A
|
11
+44%
|
14
+26%
|
18
+30%
|
11
-40%
|
10
-9%
|
8
-20%
|
5
-40%
|
4
-8%
|
2
-62%
|
(4)
N/A
|
(12)
-206%
|
(19)
-65%
|
(22)
-17%
|
(21)
+4%
|
(6)
+70%
|
(1)
+88%
|
2
N/A
|
3
+49%
|
(6)
N/A
|
(8)
-35%
|
(7)
+14%
|
(5)
+34%
|
(1)
+70%
|
5
N/A
|
|
EPS (Diluted) |
-0.58
N/A
|
-0.66
-14%
|
-0.53
+20%
|
-0.06
+89%
|
0.57
N/A
|
0.65
+14%
|
0.4
-38%
|
-2.2
N/A
|
-2.92
-33%
|
-3.24
-11%
|
-3.29
-2%
|
-1
+70%
|
-0.74
+26%
|
-0.57
+23%
|
-0.29
+49%
|
-0.26
+10%
|
1.02
N/A
|
1.46
+43%
|
1.7
+16%
|
2
+18%
|
1.28
-36%
|
1.1
-14%
|
0.89
-19%
|
0.54
-39%
|
0.48
-11%
|
0.19
-60%
|
-0.43
N/A
|
-1.31
-205%
|
-2.16
-65%
|
-2.51
-16%
|
-2.41
+4%
|
-0.74
+69%
|
-0.09
+88%
|
0.24
N/A
|
0.36
+50%
|
-0.66
N/A
|
-0.9
-36%
|
-0.77
+14%
|
-0.51
+34%
|
-0.14
+73%
|
0.53
N/A
|