Conrad Industries Inc
OTC:CNRD
Income Statement
Earnings Waterfall
Conrad Industries Inc
Income Statement
Conrad Industries Inc
| Jun-2004 | Sep-2004 | Dec-2004 | Mar-2005 | Jun-2005 | Sep-2005 | Dec-2005 | Mar-2006 | Jun-2006 | Sep-2006 | Dec-2006 | Mar-2007 | Jun-2007 | Sep-2007 | Dec-2007 | Mar-2008 | Jun-2008 | Sep-2008 | Dec-2008 | Mar-2009 | Jun-2009 | Sep-2009 | Dec-2009 | Mar-2010 | Jun-2010 | Sep-2010 | Dec-2010 | Mar-2011 | Jun-2011 | Sep-2011 | Dec-2011 | Mar-2012 | Jun-2012 | Sep-2012 | Dec-2012 | Mar-2013 | Jun-2013 | Sep-2013 | Dec-2013 | Mar-2014 | Jun-2014 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||||||||||||||||||||||||||||||
| Interest Expense |
1
|
1
|
1
|
1
|
1
|
1
|
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
|
0
|
0
|
0
|
0
|
|
| Revenue |
34
N/A
|
36
+4%
|
37
+4%
|
37
+0%
|
45
+20%
|
54
+21%
|
65
+20%
|
74
+14%
|
88
+19%
|
104
+19%
|
122
+17%
|
140
+15%
|
151
+8%
|
158
+5%
|
169
+7%
|
173
+2%
|
182
+6%
|
187
+3%
|
191
+2%
|
198
+3%
|
177
-10%
|
165
-7%
|
144
-13%
|
123
-15%
|
130
+5%
|
130
0%
|
139
+7%
|
173
+25%
|
195
+12%
|
223
+14%
|
247
+10%
|
235
-5%
|
234
0%
|
235
+0%
|
234
-1%
|
243
+4%
|
257
+6%
|
277
+8%
|
303
+9%
|
315
+4%
|
331
+5%
|
|
| Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
| Cost of Revenue |
(33)
|
(35)
|
(37)
|
(37)
|
(44)
|
(52)
|
(61)
|
(68)
|
(80)
|
(94)
|
(108)
|
(122)
|
(127)
|
(129)
|
(133)
|
(135)
|
(141)
|
(146)
|
(149)
|
(154)
|
(142)
|
(132)
|
(119)
|
(104)
|
(108)
|
(110)
|
(118)
|
(149)
|
(168)
|
(194)
|
(212)
|
(202)
|
(200)
|
(200)
|
(197)
|
(203)
|
(216)
|
(233)
|
(254)
|
(264)
|
(278)
|
|
| Gross Profit |
1
N/A
|
1
-60%
|
0
N/A
|
(0)
N/A
|
1
N/A
|
2
+165%
|
4
+134%
|
6
+38%
|
8
+39%
|
11
+38%
|
14
+31%
|
18
+26%
|
23
+30%
|
29
+24%
|
35
+22%
|
38
+6%
|
42
+11%
|
41
-1%
|
42
+2%
|
44
+4%
|
35
-19%
|
32
-8%
|
25
-22%
|
19
-25%
|
22
+14%
|
20
-10%
|
21
+6%
|
24
+15%
|
27
+11%
|
30
+11%
|
35
+17%
|
34
-3%
|
34
+1%
|
35
+5%
|
37
+5%
|
41
+10%
|
41
+1%
|
45
+8%
|
50
+11%
|
51
+3%
|
53
+3%
|
|
| Operating Income | ||||||||||||||||||||||||||||||||||||||||||
| Operating Expenses |
(9)
|
(9)
|
(4)
|
(8)
|
(8)
|
(8)
|
(3)
|
(3)
|
(3)
|
(3)
|
(4)
|
(4)
|
(4)
|
(4)
|
(5)
|
(5)
|
(5)
|
(5)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(6)
|
(6)
|
(6)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(8)
|
|
| Selling, General & Administrative |
(5)
|
(5)
|
(4)
|
(4)
|
(4)
|
(4)
|
(3)
|
(3)
|
(3)
|
(3)
|
(4)
|
(4)
|
(4)
|
(4)
|
(5)
|
(5)
|
(5)
|
(5)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(6)
|
(6)
|
(6)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(8)
|
|
| 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)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
|
| Other Operating Expenses |
(4)
|
(4)
|
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
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Operating Income |
(8)
N/A
|
(8)
-7%
|
(4)
+47%
|
(8)
-93%
|
(7)
+14%
|
(6)
+17%
|
1
N/A
|
3
+179%
|
5
+74%
|
8
+60%
|
11
+37%
|
14
+34%
|
19
+35%
|
25
+27%
|
31
+24%
|
32
+6%
|
36
+12%
|
36
-1%
|
36
+1%
|
38
+5%
|
29
-23%
|
26
-10%
|
19
-28%
|
13
-32%
|
16
+23%
|
14
-11%
|
16
+13%
|
19
+18%
|
22
+14%
|
24
+13%
|
29
+20%
|
28
-3%
|
28
+0%
|
30
+5%
|
31
+4%
|
34
+11%
|
34
+1%
|
38
+9%
|
43
+13%
|
44
+3%
|
45
+2%
|
|
| Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
| Interest Income Expense |
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
(0)
|
(0)
|
(0)
|
0
|
(0)
|
(0)
|
|
| Non-Reccuring Items |
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
|
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
|
1
|
1
|
1
|
1
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
1
|
1
|
2
|
2
|
2
|
2
|
1
|
1
|
|
| Pre-Tax Income |
(8)
N/A
|
(9)
-7%
|
(9)
-4%
|
(9)
+1%
|
(8)
+12%
|
(7)
+15%
|
0
N/A
|
2
+1 550%
|
4
+116%
|
7
+83%
|
10
+45%
|
13
+40%
|
19
+40%
|
24
+29%
|
30
+25%
|
32
+7%
|
36
+12%
|
36
-1%
|
36
+1%
|
38
+5%
|
29
-23%
|
26
-10%
|
20
-26%
|
14
-31%
|
17
+23%
|
15
-11%
|
16
+9%
|
19
+19%
|
22
+13%
|
24
+13%
|
30
+23%
|
29
-3%
|
29
+0%
|
30
+5%
|
32
+4%
|
35
+13%
|
37
+3%
|
40
+9%
|
44
+11%
|
45
+2%
|
46
+2%
|
|
| Net Income | ||||||||||||||||||||||||||||||||||||||||||
| Tax Provision |
1
|
2
|
2
|
2
|
1
|
1
|
0
|
(1)
|
(1)
|
(2)
|
(4)
|
(5)
|
(7)
|
(9)
|
(11)
|
(12)
|
(13)
|
(13)
|
(13)
|
(13)
|
(10)
|
(9)
|
(7)
|
(5)
|
(6)
|
(5)
|
(6)
|
(7)
|
(8)
|
(9)
|
(11)
|
(10)
|
(10)
|
(11)
|
(11)
|
(12)
|
(12)
|
(13)
|
(15)
|
(16)
|
(16)
|
|
| Income from Continuing Operations |
(7)
|
(7)
|
(7)
|
(7)
|
(6)
|
(6)
|
0
|
1
|
2
|
4
|
6
|
8
|
12
|
15
|
19
|
20
|
23
|
22
|
23
|
24
|
19
|
17
|
13
|
9
|
11
|
10
|
10
|
12
|
14
|
16
|
19
|
19
|
19
|
20
|
21
|
24
|
24
|
26
|
29
|
29
|
30
|
|
| Net Income (Common) |
(7)
N/A
|
(7)
-5%
|
(7)
-4%
|
(7)
+1%
|
(6)
+9%
|
(6)
+11%
|
0
N/A
|
1
+990%
|
2
+110%
|
4
+81%
|
6
+43%
|
8
+40%
|
12
+41%
|
15
+31%
|
19
+26%
|
20
+7%
|
23
+11%
|
22
-2%
|
23
+4%
|
24
+5%
|
19
-22%
|
17
-9%
|
13
-25%
|
9
-30%
|
11
+22%
|
10
-10%
|
10
+5%
|
12
+19%
|
14
+13%
|
16
+13%
|
19
+23%
|
19
-3%
|
19
+1%
|
20
+5%
|
21
+6%
|
24
+13%
|
24
+3%
|
26
+9%
|
29
+8%
|
29
+2%
|
30
+2%
|
|
| EPS (Diluted) |
-0.89
N/A
|
-0.94
-6%
|
-0.98
-4%
|
-0.97
+1%
|
-0.88
+9%
|
-0.78
+11%
|
0.02
N/A
|
0.16
+700%
|
0.32
+100%
|
0.57
+78%
|
0.81
+42%
|
1.13
+40%
|
1.59
+41%
|
2.09
+31%
|
2.63
+26%
|
2.81
+7%
|
3.12
+11%
|
3.16
+1%
|
3.29
+4%
|
3.73
+13%
|
2.91
-22%
|
2.67
-8%
|
1.96
-27%
|
1.39
-29%
|
1.69
+22%
|
1.52
-10%
|
1.6
+5%
|
1.91
+19%
|
2.16
+13%
|
2.44
+13%
|
3.01
+23%
|
3.04
+1%
|
3.07
+1%
|
3.33
+8%
|
3.46
+4%
|
3.94
+14%
|
4.09
+4%
|
4.44
+9%
|
4.76
+7%
|
4.89
+3%
|
5.01
+2%
|
|