LCI Industries
NYSE:LCII
Income Statement
Earnings Waterfall
LCI Industries
Revenue
|
3.8B
USD
|
Cost of Revenue
|
-3B
USD
|
Gross Profit
|
776.2m
USD
|
Operating Expenses
|
-652.8m
USD
|
Operating Income
|
123.4m
USD
|
Other Expenses
|
-59.2m
USD
|
Net Income
|
64.2m
USD
|
Income Statement
LCI Industries
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 |
1 016
N/A
|
1 048
+3%
|
1 083
+3%
|
1 126
+4%
|
1 191
+6%
|
1 267
+6%
|
1 307
+3%
|
1 358
+4%
|
1 403
+3%
|
1 464
+4%
|
1 543
+5%
|
1 610
+4%
|
1 679
+4%
|
1 754
+4%
|
1 861
+6%
|
2 004
+8%
|
2 148
+7%
|
2 300
+7%
|
2 437
+6%
|
2 486
+2%
|
2 476
0%
|
2 418
-2%
|
2 362
-2%
|
2 344
-1%
|
2 372
+1%
|
2 439
+3%
|
2 336
-4%
|
2 577
+10%
|
2 796
+8%
|
3 137
+12%
|
3 705
+18%
|
4 042
+9%
|
4 473
+11%
|
5 117
+14%
|
5 559
+9%
|
5 526
-1%
|
5 207
-6%
|
4 536
-13%
|
4 014
-11%
|
3 842
-4%
|
3 785
-1%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(803)
|
(820)
|
(844)
|
(881)
|
(936)
|
(999)
|
(1 029)
|
(1 068)
|
(1 097)
|
(1 126)
|
(1 170)
|
(1 206)
|
(1 250)
|
(1 310)
|
(1 402)
|
(1 529)
|
(1 655)
|
(1 790)
|
(1 908)
|
(1 952)
|
(1 956)
|
(1 905)
|
(1 852)
|
(1 824)
|
(1 832)
|
(1 874)
|
(1 790)
|
(1 946)
|
(2 090)
|
(2 348)
|
(2 787)
|
(3 094)
|
(3 430)
|
(3 852)
|
(4 142)
|
(4 108)
|
(3 934)
|
(3 541)
|
(3 210)
|
(3 080)
|
(3 009)
|
|
Gross Profit |
213
N/A
|
229
+7%
|
239
+5%
|
246
+3%
|
255
+4%
|
268
+5%
|
278
+4%
|
290
+4%
|
306
+6%
|
338
+10%
|
373
+10%
|
404
+8%
|
429
+6%
|
445
+4%
|
459
+3%
|
474
+3%
|
493
+4%
|
510
+3%
|
529
+4%
|
534
+1%
|
520
-3%
|
512
-2%
|
511
0%
|
520
+2%
|
539
+4%
|
565
+5%
|
545
-4%
|
631
+16%
|
706
+12%
|
789
+12%
|
918
+16%
|
948
+3%
|
1 043
+10%
|
1 266
+21%
|
1 417
+12%
|
1 418
+0%
|
1 273
-10%
|
995
-22%
|
804
-19%
|
762
-5%
|
776
+2%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(133)
|
(137)
|
(143)
|
(149)
|
(157)
|
(167)
|
(172)
|
(180)
|
(186)
|
(198)
|
(207)
|
(220)
|
(228)
|
(240)
|
(251)
|
(264)
|
(279)
|
(295)
|
(313)
|
(321)
|
(322)
|
(326)
|
(322)
|
(328)
|
(339)
|
(369)
|
(394)
|
(434)
|
(483)
|
(509)
|
(565)
|
(600)
|
(645)
|
(699)
|
(725)
|
(728)
|
(720)
|
(692)
|
(664)
|
(664)
|
(653)
|
|
Selling, General & Administrative |
(133)
|
(137)
|
(143)
|
(149)
|
(146)
|
(165)
|
(172)
|
(180)
|
(172)
|
(194)
|
(203)
|
(217)
|
(211)
|
(240)
|
(251)
|
(264)
|
(257)
|
(295)
|
(313)
|
(320)
|
(295)
|
(325)
|
(322)
|
(328)
|
(308)
|
(368)
|
(393)
|
(434)
|
(436)
|
(509)
|
(565)
|
(600)
|
(587)
|
(699)
|
(725)
|
(728)
|
(657)
|
(692)
|
(664)
|
(664)
|
(588)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
0
|
(11)
|
0
|
0
|
0
|
(14)
|
0
|
0
|
0
|
(17)
|
0
|
0
|
0
|
(22)
|
0
|
0
|
0
|
(27)
|
0
|
0
|
0
|
(31)
|
0
|
0
|
0
|
(48)
|
0
|
0
|
0
|
(58)
|
0
|
0
|
0
|
(63)
|
0
|
0
|
0
|
(65)
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(4)
|
(4)
|
(4)
|
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 |
80
N/A
|
91
+14%
|
96
+5%
|
96
+0%
|
98
+1%
|
101
+4%
|
106
+4%
|
110
+4%
|
120
+9%
|
140
+17%
|
166
+18%
|
184
+11%
|
201
+9%
|
204
+2%
|
208
+2%
|
211
+1%
|
214
+2%
|
215
+0%
|
216
+1%
|
214
-1%
|
199
-7%
|
187
-6%
|
188
+1%
|
192
+2%
|
200
+4%
|
197
-2%
|
152
-23%
|
197
+30%
|
223
+13%
|
280
+26%
|
353
+26%
|
348
-2%
|
398
+15%
|
567
+42%
|
691
+22%
|
690
0%
|
553
-20%
|
303
-45%
|
140
-54%
|
98
-30%
|
123
+26%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
(2)
|
(3)
|
(5)
|
(6)
|
(8)
|
(8)
|
(9)
|
(9)
|
(12)
|
(13)
|
(13)
|
(14)
|
(11)
|
(11)
|
(13)
|
(16)
|
(20)
|
(23)
|
(25)
|
(28)
|
(32)
|
(36)
|
(39)
|
(40)
|
|
Non-Reccuring Items |
(2)
|
(1)
|
(2)
|
(2)
|
(2)
|
0
|
0
|
0
|
(4)
|
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 |
78
N/A
|
90
+16%
|
94
+4%
|
94
+0%
|
95
+1%
|
101
+6%
|
105
+4%
|
108
+4%
|
114
+6%
|
138
+21%
|
164
+19%
|
182
+11%
|
199
+9%
|
203
+2%
|
206
+2%
|
209
+1%
|
213
+2%
|
213
N/A
|
213
0%
|
209
-2%
|
192
-8%
|
179
-7%
|
180
+1%
|
184
+2%
|
191
+4%
|
185
-3%
|
139
-25%
|
184
+33%
|
210
+14%
|
269
+28%
|
343
+27%
|
334
-2%
|
382
+14%
|
547
+43%
|
669
+22%
|
665
-1%
|
525
-21%
|
272
-48%
|
104
-62%
|
59
-44%
|
83
+42%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(28)
|
(33)
|
(33)
|
(33)
|
(33)
|
(35)
|
(36)
|
(38)
|
(40)
|
(48)
|
(57)
|
(63)
|
(70)
|
(66)
|
(67)
|
(67)
|
(67)
|
(63)
|
(55)
|
(50)
|
(43)
|
(43)
|
(44)
|
(45)
|
(45)
|
(45)
|
(33)
|
(45)
|
(51)
|
(65)
|
(84)
|
(80)
|
(94)
|
(137)
|
(172)
|
(171)
|
(130)
|
(66)
|
(19)
|
(9)
|
(19)
|
|
Income from Continuing Operations |
50
|
58
|
61
|
61
|
62
|
66
|
69
|
70
|
74
|
90
|
107
|
120
|
130
|
137
|
139
|
142
|
146
|
150
|
157
|
159
|
149
|
136
|
137
|
139
|
147
|
140
|
106
|
139
|
158
|
204
|
259
|
254
|
288
|
410
|
496
|
494
|
395
|
206
|
85
|
49
|
64
|
|
Net Income (Common) |
50
N/A
|
58
+16%
|
61
+5%
|
61
+1%
|
62
+1%
|
66
+6%
|
69
+3%
|
70
+3%
|
74
+6%
|
90
+22%
|
107
+18%
|
120
+12%
|
130
+9%
|
137
+5%
|
139
+2%
|
142
+2%
|
133
-6%
|
137
+3%
|
144
+5%
|
146
+1%
|
149
+2%
|
136
-9%
|
136
+0%
|
138
+1%
|
147
+6%
|
140
-4%
|
106
-24%
|
139
+31%
|
158
+14%
|
204
+29%
|
259
+27%
|
254
-2%
|
288
+13%
|
410
+42%
|
496
+21%
|
494
0%
|
395
-20%
|
206
-48%
|
85
-59%
|
49
-42%
|
64
+30%
|
|
EPS (Diluted) |
2.08
N/A
|
2.39
+15%
|
2.49
+4%
|
2.54
+2%
|
2.56
+1%
|
2.72
+6%
|
2.8
+3%
|
2.86
+2%
|
3.02
+6%
|
3.65
+21%
|
4.31
+18%
|
4.76
+10%
|
5.2
+9%
|
5.4
+4%
|
5.5
+2%
|
5.55
+1%
|
5.23
-6%
|
5.37
+3%
|
5.65
+5%
|
5.71
+1%
|
5.82
+2%
|
5.44
-7%
|
5.42
0%
|
5.47
+1%
|
5.84
+7%
|
5.57
-5%
|
4.2
-25%
|
5.48
+30%
|
6.27
+14%
|
8.07
+29%
|
10.2
+26%
|
9.99
-2%
|
11.32
+13%
|
16.09
+42%
|
19.47
+21%
|
19.31
-1%
|
15.48
-20%
|
8.14
-47%
|
3.33
-59%
|
1.94
-42%
|
2.52
+30%
|