Federal Screw Works
OTC:FSCR
Income Statement
Earnings Waterfall
Federal Screw Works
Income Statement
Federal Screw Works
| Sep-2002 | Dec-2002 | Mar-2003 | Jun-2003 | Sep-2003 | Dec-2003 | Mar-2004 | Jun-2004 | Sep-2004 | Dec-2004 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||||||||||||||||||||||||||||||
| Interest Expense |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
|
| Revenue |
97
N/A
|
98
+1%
|
98
+0%
|
95
-3%
|
93
-3%
|
91
-1%
|
91
-1%
|
91
+0%
|
90
-1%
|
89
-2%
|
22
-75%
|
84
+280%
|
61
-28%
|
77
+27%
|
75
-2%
|
73
-3%
|
74
+1%
|
72
-2%
|
69
-5%
|
63
-8%
|
56
-12%
|
50
-11%
|
42
-16%
|
35
-15%
|
37
+4%
|
39
+6%
|
44
+12%
|
50
+14%
|
52
+6%
|
53
+2%
|
55
+2%
|
56
+2%
|
56
+0%
|
57
+1%
|
58
+2%
|
59
+1%
|
59
+1%
|
59
+0%
|
58
-2%
|
57
-2%
|
58
+2%
|
|
| Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
| Cost of Revenue |
(86)
|
(86)
|
(86)
|
(85)
|
(82)
|
(81)
|
(81)
|
(84)
|
(85)
|
(86)
|
(21)
|
(82)
|
(61)
|
(78)
|
(75)
|
(72)
|
(72)
|
(71)
|
(69)
|
(64)
|
(58)
|
(54)
|
(47)
|
(42)
|
(41)
|
(42)
|
(45)
|
(50)
|
(52)
|
(52)
|
(53)
|
(54)
|
(54)
|
(55)
|
(56)
|
(55)
|
(55)
|
(55)
|
(54)
|
(53)
|
(54)
|
|
| Gross Profit |
12
N/A
|
12
+7%
|
12
-4%
|
11
-8%
|
10
-6%
|
10
0%
|
9
-7%
|
7
-24%
|
5
-24%
|
3
-41%
|
1
-73%
|
2
+109%
|
(0)
N/A
|
(1)
-1 063%
|
(0)
+84%
|
1
N/A
|
1
+73%
|
2
+38%
|
0
-99%
|
(0)
N/A
|
(3)
-488%
|
(5)
-56%
|
(5)
-12%
|
(6)
-21%
|
(4)
+28%
|
(3)
+33%
|
(1)
+50%
|
(0)
+100%
|
0
N/A
|
1
+236%
|
2
+35%
|
2
+7%
|
2
+17%
|
2
-15%
|
2
+15%
|
4
+66%
|
4
+6%
|
4
+9%
|
4
-8%
|
4
+1%
|
4
+5%
|
|
| Operating Income | ||||||||||||||||||||||||||||||||||||||||||
| Operating Expenses |
(4)
|
(5)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(5)
|
(5)
|
(5)
|
(2)
|
(5)
|
(1)
|
(3)
|
(2)
|
(4)
|
(3)
|
(3)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(5)
|
(5)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(3)
|
(3)
|
|
| Selling, General & Administrative |
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(5)
|
(5)
|
(5)
|
(1)
|
(5)
|
(4)
|
(5)
|
(5)
|
(5)
|
(4)
|
(4)
|
(4)
|
(3)
|
(3)
|
(3)
|
(3)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(3)
|
(3)
|
|
| Other Operating Expenses |
2
|
1
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
1
|
3
|
3
|
3
|
1
|
2
|
2
|
2
|
1
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
|
| Operating Income |
7
N/A
|
7
-7%
|
6
-16%
|
5
-13%
|
4
-14%
|
4
-1%
|
4
-14%
|
2
-50%
|
0
-82%
|
(2)
N/A
|
(1)
+63%
|
(3)
-318%
|
(1)
+57%
|
(4)
-199%
|
(2)
+33%
|
(3)
-21%
|
(2)
+33%
|
(1)
+66%
|
(2)
-209%
|
(3)
-71%
|
(6)
-74%
|
(7)
-24%
|
(8)
-3%
|
(9)
-14%
|
(8)
+5%
|
(7)
+18%
|
(6)
+18%
|
(4)
+29%
|
(4)
-4%
|
(3)
+24%
|
(3)
+15%
|
(2)
+39%
|
(1)
+25%
|
(2)
-34%
|
(1)
+15%
|
0
N/A
|
0
+53%
|
1
+125%
|
1
-24%
|
1
+81%
|
1
+37%
|
|
| Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
| Interest Income Expense |
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
|
| Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
2
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Total Other Income |
0
|
(1)
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
0
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
0
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Pre-Tax Income |
7
N/A
|
7
-7%
|
6
-16%
|
5
-13%
|
4
-14%
|
4
-1%
|
4
-14%
|
2
-53%
|
0
-89%
|
(2)
N/A
|
(1)
+58%
|
(2)
-88%
|
(2)
-6%
|
(4)
-155%
|
(3)
+25%
|
(4)
-17%
|
(2)
+44%
|
(1)
+53%
|
(3)
-150%
|
(4)
-62%
|
(7)
-61%
|
(8)
-22%
|
(8)
-3%
|
(11)
-29%
|
(9)
+16%
|
(7)
+16%
|
(6)
+15%
|
(5)
+17%
|
(5)
+7%
|
(4)
+19%
|
(3)
+12%
|
(2)
+31%
|
(2)
+18%
|
(2)
-20%
|
(2)
+8%
|
(1)
+69%
|
(1)
+15%
|
(0)
+67%
|
(0)
-66%
|
0
N/A
|
0
+326%
|
|
| Net Income | ||||||||||||||||||||||||||||||||||||||||||
| Tax Provision |
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
0
|
1
|
0
|
1
|
1
|
2
|
1
|
1
|
1
|
0
|
1
|
1
|
2
|
3
|
3
|
(5)
|
(5)
|
(6)
|
(6)
|
0
|
0
|
(0)
|
(0)
|
0
|
(0)
|
(0)
|
(0)
|
0
|
(0)
|
(0)
|
(0)
|
0
|
0
|
|
| Income from Continuing Operations |
5
|
5
|
4
|
3
|
3
|
3
|
2
|
1
|
0
|
(1)
|
(1)
|
(1)
|
(1)
|
(3)
|
(2)
|
(3)
|
(1)
|
(1)
|
(2)
|
(3)
|
(4)
|
(5)
|
(6)
|
(15)
|
(14)
|
(13)
|
(13)
|
(5)
|
(5)
|
(4)
|
(4)
|
(2)
|
(2)
|
(3)
|
(2)
|
(1)
|
(1)
|
(0)
|
(1)
|
0
|
0
|
|
| Net Income (Common) |
5
N/A
|
5
-6%
|
4
-15%
|
3
-15%
|
3
-14%
|
3
-1%
|
2
-13%
|
1
-47%
|
0
-82%
|
(1)
N/A
|
(1)
+54%
|
(1)
-58%
|
(1)
-9%
|
(3)
-178%
|
(2)
+26%
|
(3)
-25%
|
(1)
+45%
|
(1)
+53%
|
(2)
-152%
|
(3)
-70%
|
(4)
-59%
|
(5)
-21%
|
(6)
-3%
|
(15)
-178%
|
(14)
+7%
|
(13)
+7%
|
(13)
+6%
|
(5)
+59%
|
(5)
+5%
|
(4)
+13%
|
(4)
+7%
|
(2)
+44%
|
(2)
+6%
|
(3)
-29%
|
(2)
+9%
|
(1)
+77%
|
(1)
-48%
|
(0)
+47%
|
(1)
-28%
|
0
N/A
|
0
+326%
|
|
| EPS (Diluted) |
3.24
N/A
|
3.09
-5%
|
2.63
-15%
|
2.21
-16%
|
1.96
-11%
|
1.96
N/A
|
1.71
-13%
|
0.92
-46%
|
0.15
-84%
|
-0.9
N/A
|
-0.41
+54%
|
-0.64
-56%
|
-0.71
-11%
|
-1.97
-177%
|
-1.45
+26%
|
-1.8
-24%
|
-1
+44%
|
-0.47
+53%
|
-1.19
-153%
|
-2.02
-70%
|
-3.21
-59%
|
-3.9
-21%
|
-4.01
-3%
|
-11.14
-178%
|
-10.34
+7%
|
-9.64
+7%
|
-9.09
+6%
|
-3.72
+59%
|
-3.54
+5%
|
-3.08
+13%
|
-2.85
+7%
|
-1.61
+44%
|
-1.52
+6%
|
-1.95
-28%
|
-1.79
+8%
|
-0.41
+77%
|
-0.61
-49%
|
-0.33
+46%
|
-0.41
-24%
|
0.08
N/A
|
0.32
+300%
|
|