Virco Mfg Corp
NASDAQ:VIRC
Income Statement
Earnings Waterfall
Virco Mfg Corp
Revenue
|
269.1m
USD
|
Cost of Revenue
|
-153.1m
USD
|
Gross Profit
|
116.1m
USD
|
Operating Expenses
|
-84.2m
USD
|
Operating Income
|
31.9m
USD
|
Other Expenses
|
-10m
USD
|
Net Income
|
21.9m
USD
|
Income Statement
Virco Mfg Corp
Jan-2014 | Apr-2014 | Jul-2014 | Oct-2014 | Jan-2015 | Apr-2015 | Jul-2015 | Oct-2015 | Jan-2016 | Apr-2016 | Jul-2016 | Oct-2016 | Jan-2017 | Apr-2017 | Jul-2017 | Oct-2017 | Jan-2018 | Apr-2018 | Jul-2018 | Oct-2018 | Jan-2019 | Apr-2019 | Jul-2019 | Oct-2019 | Jan-2020 | Apr-2020 | Jul-2020 | Oct-2020 | Jan-2021 | Apr-2021 | Jul-2021 | Oct-2021 | Jan-2022 | Apr-2022 | Jul-2022 | Oct-2022 | Jan-2023 | Apr-2023 | Jul-2023 | Oct-2023 | Jan-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
155
N/A
|
159
+2%
|
155
-2%
|
158
+2%
|
164
+4%
|
163
-1%
|
171
+5%
|
174
+2%
|
169
-3%
|
166
-1%
|
167
+0%
|
170
+2%
|
173
+2%
|
176
+1%
|
187
+6%
|
188
+1%
|
189
+1%
|
189
0%
|
191
+1%
|
199
+4%
|
201
+1%
|
205
+2%
|
201
-2%
|
191
-5%
|
193
+1%
|
184
-5%
|
173
-6%
|
163
-6%
|
153
-6%
|
164
+8%
|
164
0%
|
164
+0%
|
185
+13%
|
189
+2%
|
212
+13%
|
232
+9%
|
231
-1%
|
234
+1%
|
258
+10%
|
265
+3%
|
269
+1%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(103)
|
(104)
|
(101)
|
(105)
|
(109)
|
(108)
|
(113)
|
(113)
|
(109)
|
(107)
|
(108)
|
(109)
|
(111)
|
(113)
|
(121)
|
(122)
|
(124)
|
(124)
|
(126)
|
(132)
|
(134)
|
(137)
|
(131)
|
(120)
|
(121)
|
(116)
|
(111)
|
(106)
|
(98)
|
(107)
|
(107)
|
(109)
|
(124)
|
(126)
|
(140)
|
(150)
|
(146)
|
(145)
|
(153)
|
(152)
|
(153)
|
|
Gross Profit |
53
N/A
|
54
+3%
|
53
-2%
|
53
-1%
|
55
+5%
|
55
-1%
|
58
+6%
|
61
+4%
|
60
-2%
|
60
0%
|
59
-1%
|
60
+2%
|
63
+4%
|
63
+0%
|
66
+5%
|
66
+0%
|
66
-1%
|
65
-1%
|
65
+1%
|
67
+3%
|
67
N/A
|
68
+2%
|
70
+2%
|
70
+1%
|
72
+2%
|
67
-6%
|
62
-8%
|
57
-7%
|
55
-4%
|
58
+5%
|
57
-2%
|
55
-4%
|
61
+11%
|
63
+3%
|
72
+15%
|
83
+15%
|
85
+3%
|
89
+4%
|
106
+19%
|
113
+7%
|
116
+3%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(53)
|
(54)
|
(54)
|
(53)
|
(53)
|
(52)
|
(53)
|
(54)
|
(54)
|
(54)
|
(54)
|
(55)
|
(57)
|
(57)
|
(59)
|
(61)
|
(60)
|
(61)
|
(61)
|
(62)
|
(65)
|
(64)
|
(65)
|
(64)
|
(66)
|
(65)
|
(62)
|
(58)
|
(54)
|
(54)
|
(55)
|
(56)
|
(61)
|
(64)
|
(68)
|
(72)
|
(75)
|
(75)
|
(81)
|
(83)
|
(84)
|
|
Selling, General & Administrative |
(53)
|
(54)
|
(54)
|
(53)
|
(53)
|
(52)
|
(53)
|
(54)
|
(54)
|
(54)
|
(54)
|
(55)
|
(57)
|
(57)
|
(60)
|
(62)
|
(60)
|
(61)
|
(61)
|
(63)
|
(65)
|
(65)
|
(65)
|
(64)
|
(66)
|
(65)
|
(62)
|
(58)
|
(54)
|
(54)
|
(55)
|
(56)
|
(61)
|
(64)
|
(68)
|
(72)
|
(75)
|
(75)
|
(81)
|
(83)
|
(84)
|
|
Operating Income |
0
N/A
|
1
N/A
|
(1)
N/A
|
(0)
+60%
|
3
N/A
|
3
+26%
|
5
+53%
|
7
+33%
|
6
-14%
|
6
N/A
|
6
-7%
|
6
N/A
|
6
+7%
|
5
-8%
|
6
+17%
|
5
-29%
|
5
+13%
|
4
-24%
|
4
+13%
|
5
+7%
|
2
-51%
|
4
+78%
|
5
+32%
|
7
+26%
|
6
-13%
|
3
-56%
|
0
-96%
|
(1)
N/A
|
1
N/A
|
3
+386%
|
2
-47%
|
(2)
N/A
|
(0)
+80%
|
(1)
-133%
|
4
N/A
|
11
+143%
|
11
+1%
|
14
+32%
|
24
+71%
|
30
+24%
|
32
+5%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
|
Non-Reccuring Items |
(1)
|
(1)
|
(1)
|
(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
|
|
Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
(1)
|
(2)
|
(2)
|
(1)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
|
Pre-Tax Income |
(3)
N/A
|
(2)
+22%
|
(3)
-38%
|
(2)
+34%
|
1
N/A
|
2
+89%
|
4
+118%
|
5
+46%
|
5
-13%
|
5
N/A
|
4
-11%
|
4
+2%
|
5
+9%
|
4
-11%
|
5
+21%
|
3
-39%
|
2
-23%
|
1
-58%
|
1
-30%
|
1
-29%
|
(1)
N/A
|
(1)
+45%
|
1
N/A
|
3
+178%
|
3
+8%
|
(1)
N/A
|
(3)
-300%
|
(4)
-22%
|
(3)
+23%
|
0
N/A
|
(2)
N/A
|
(5)
-194%
|
(4)
+26%
|
(4)
-8%
|
1
N/A
|
8
+660%
|
8
+5%
|
12
+44%
|
22
+90%
|
27
+24%
|
29
+8%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
1
|
1
|
1
|
1
|
(0)
|
(0)
|
0
|
(0)
|
(0)
|
0
|
(0)
|
18
|
18
|
19
|
17
|
(3)
|
(1)
|
(1)
|
(0)
|
0
|
(1)
|
(1)
|
(2)
|
(2)
|
(0)
|
2
|
2
|
3
|
1
|
(1)
|
1
|
1
|
(11)
|
(12)
|
(11)
|
(11)
|
9
|
9
|
4
|
1
|
(7)
|
|
Income from Continuing Operations |
(2)
|
(1)
|
(2)
|
(1)
|
1
|
2
|
4
|
5
|
5
|
5
|
4
|
22
|
23
|
24
|
22
|
0
|
1
|
(0)
|
0
|
1
|
(2)
|
(1)
|
(1)
|
0
|
2
|
1
|
(2)
|
(1)
|
(2)
|
(1)
|
(1)
|
(4)
|
(15)
|
(16)
|
(10)
|
(4)
|
17
|
20
|
26
|
28
|
22
|
|
Net Income (Common) |
(2)
N/A
|
(1)
+29%
|
(2)
-83%
|
(1)
+55%
|
1
N/A
|
2
+88%
|
4
+153%
|
5
+37%
|
5
-13%
|
5
+4%
|
4
-13%
|
22
+439%
|
23
+3%
|
24
+4%
|
22
-8%
|
0
-99%
|
(3)
N/A
|
(5)
-47%
|
(4)
+11%
|
(4)
+10%
|
(2)
+58%
|
(1)
+31%
|
(1)
+36%
|
0
N/A
|
2
+700%
|
1
-67%
|
(2)
N/A
|
(1)
+40%
|
(2)
-144%
|
(1)
+36%
|
(1)
+14%
|
(4)
-267%
|
(15)
-243%
|
(16)
-8%
|
(10)
+36%
|
(4)
+63%
|
17
N/A
|
20
+23%
|
26
+29%
|
28
+9%
|
22
-23%
|
|
EPS (Diluted) |
-0.13
N/A
|
-0.08
+38%
|
-0.15
-88%
|
-0.07
+53%
|
0.06
N/A
|
0.1
+67%
|
0.24
+140%
|
0.32
+33%
|
0.3
-6%
|
0.31
+3%
|
0.27
-13%
|
1.43
+430%
|
1.49
+4%
|
1.56
+5%
|
1.42
-9%
|
0.01
-99%
|
-0.21
N/A
|
-0.3
-43%
|
-0.27
+10%
|
-0.24
+11%
|
-0.11
+54%
|
-0.08
+27%
|
-0.05
+38%
|
0.01
N/A
|
0.15
+1 400%
|
0.05
-67%
|
-0.1
N/A
|
-0.07
+30%
|
-0.14
-100%
|
-0.09
+36%
|
-0.08
+11%
|
-0.28
-250%
|
-0.95
-239%
|
-1.02
-7%
|
-0.66
+35%
|
-0.23
+65%
|
1.02
N/A
|
1.24
+22%
|
1.59
+28%
|
1.73
+9%
|
1.34
-23%
|