HERC Products Inc
OTC:HERC
Income Statement
Earnings Waterfall
HERC Products Inc
Income Statement
HERC Products Inc
| Jun-1994 | Sep-1994 | Dec-1994 | Mar-1995 | Jun-1995 | Sep-1995 | Dec-1995 | Mar-1996 | Jun-1996 | Sep-1996 | Dec-1996 | Mar-1997 | Jun-1997 | Sep-1997 | Dec-1997 | Mar-1998 | Jun-1998 | Sep-1998 | Dec-1998 | Mar-1999 | Jun-1999 | Sep-1999 | Dec-1999 | Mar-2000 | Jun-2000 | Sep-2000 | Dec-2000 | Mar-2001 | Jun-2001 | Sep-2001 | Dec-2001 | Mar-2002 | Jun-2002 | Sep-2002 | Dec-2002 | Mar-2003 | Jun-2003 | Sep-2003 | Dec-2003 | Mar-2004 | Jun-2004 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||||||||||||||||||||||||||||||
| Interest Expense |
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
|
|
| Revenue |
1
N/A
|
1
-50%
|
0
-35%
|
1
+41%
|
1
+33%
|
1
+71%
|
1
+2%
|
2
+19%
|
2
+14%
|
2
+25%
|
1
-46%
|
3
+141%
|
3
+8%
|
3
-4%
|
1
-54%
|
3
+109%
|
3
+4%
|
3
-8%
|
3
+13%
|
4
+12%
|
3
-6%
|
3
0%
|
3
+5%
|
4
+20%
|
4
+7%
|
5
+9%
|
4
-13%
|
4
-10%
|
4
+10%
|
5
+15%
|
6
+23%
|
6
+8%
|
7
+2%
|
7
+0%
|
6
-2%
|
6
-7%
|
6
-5%
|
6
-4%
|
6
+6%
|
6
+5%
|
6
+5%
|
|
| Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
| Cost of Revenue |
(1)
|
(1)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(1)
|
(2)
|
(3)
|
(3)
|
(1)
|
(2)
|
(2)
|
(1)
|
(1)
|
(2)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(3)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
|
| Gross Profit |
0
N/A
|
0
-85%
|
0
-17%
|
(0)
N/A
|
(0)
+50%
|
0
N/A
|
0
-92%
|
0
+1 000%
|
0
+123%
|
1
+6%
|
0
-79%
|
1
+518%
|
0
-31%
|
1
+6%
|
0
-42%
|
1
+217%
|
1
+45%
|
1
+5%
|
2
+32%
|
2
+8%
|
2
-5%
|
2
+3%
|
2
-4%
|
2
+18%
|
2
+3%
|
2
+4%
|
2
-15%
|
1
-26%
|
2
+16%
|
2
+21%
|
3
+22%
|
3
+17%
|
3
-1%
|
3
0%
|
3
-4%
|
2
-10%
|
2
-11%
|
2
-25%
|
2
+16%
|
2
+2%
|
2
+7%
|
|
| Operating Income | ||||||||||||||||||||||||||||||||||||||||||
| Operating Expenses |
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(2)
|
(3)
|
(4)
|
(4)
|
(3)
|
(3)
|
(3)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(2)
|
(3)
|
|
| Selling, General & Administrative |
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(2)
|
(3)
|
(4)
|
(4)
|
(3)
|
(3)
|
(3)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(2)
|
(3)
|
|
| Operating Income |
(1)
N/A
|
(2)
-38%
|
(2)
-21%
|
(2)
-8%
|
(2)
-3%
|
(2)
-2%
|
(3)
-13%
|
(3)
+2%
|
(2)
+11%
|
(2)
-2%
|
(2)
+7%
|
(3)
-32%
|
(3)
-12%
|
(3)
+2%
|
(3)
+14%
|
(2)
+26%
|
(1)
+36%
|
(1)
+30%
|
(0)
+82%
|
0
N/A
|
(0)
N/A
|
0
N/A
|
(0)
N/A
|
0
N/A
|
0
+21%
|
0
-18%
|
(0)
N/A
|
(1)
-212%
|
(1)
+11%
|
(0)
+41%
|
(0)
+64%
|
0
N/A
|
0
-50%
|
(0)
N/A
|
(0)
-63%
|
(1)
-135%
|
(1)
-18%
|
(1)
-45%
|
(1)
+40%
|
(0)
+24%
|
(0)
-4%
|
|
| Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
| Interest Income Expense |
(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)
|
|
| Non-Reccuring Items |
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
|
|
| Gain/Loss on Disposition of Assets |
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
|
|
| 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
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
(0)
|
|
| Pre-Tax Income |
(1)
N/A
|
(2)
-28%
|
(2)
-12%
|
(2)
-2%
|
(2)
+3%
|
(2)
-3%
|
(2)
-18%
|
(2)
+2%
|
(2)
+9%
|
(2)
-1%
|
(2)
+7%
|
(3)
-31%
|
(3)
-13%
|
(3)
+1%
|
(3)
+14%
|
(2)
+27%
|
(1)
+31%
|
(1)
+16%
|
(1)
+52%
|
(0)
+23%
|
(0)
-2%
|
(0)
+83%
|
0
N/A
|
0
+900%
|
0
+8%
|
0
-46%
|
(0)
N/A
|
(1)
-223%
|
(1)
+16%
|
(0)
+40%
|
(0)
+61%
|
0
N/A
|
0
+32%
|
(0)
N/A
|
(0)
-925%
|
(0)
-124%
|
(1)
-76%
|
(1)
-41%
|
(1)
+35%
|
(1)
+18%
|
(1)
-8%
|
|
| Net Income | ||||||||||||||||||||||||||||||||||||||||||
| Tax Provision |
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
|
|
| Income from Continuing Operations |
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(2)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
(0)
|
(1)
|
(1)
|
(0)
|
(0)
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
|
| Net Income (Common) |
(1)
N/A
|
(2)
-28%
|
(2)
-12%
|
(2)
-2%
|
(2)
+3%
|
(2)
-3%
|
(2)
-18%
|
(2)
+1%
|
(2)
+9%
|
(2)
+5%
|
(3)
-33%
|
(3)
-17%
|
(4)
-7%
|
(4)
-2%
|
(5)
-25%
|
(4)
+20%
|
(3)
+14%
|
(3)
+19%
|
0
N/A
|
0
+200%
|
0
N/A
|
0
-42%
|
0
+39%
|
0
+220%
|
0
-6%
|
0
-41%
|
(0)
N/A
|
(1)
-223%
|
(1)
+16%
|
(0)
+40%
|
(0)
+61%
|
0
N/A
|
0
+32%
|
(0)
N/A
|
(0)
-925%
|
(0)
-124%
|
(1)
-76%
|
(1)
-41%
|
(1)
+35%
|
(1)
+18%
|
(1)
-8%
|
|
| EPS (Diluted) |
-0.81
N/A
|
-0.82
-1%
|
-1.1
-34%
|
-0.94
+15%
|
-0.78
+17%
|
-0.73
+6%
|
-0.93
-27%
|
-0.83
+11%
|
-0.36
+57%
|
-0.34
+6%
|
-0.52
-53%
|
-0.5
+4%
|
-0.44
+12%
|
-0.43
+2%
|
-0.58
-35%
|
-0.44
+24%
|
-0.3
+32%
|
-0.16
+47%
|
0
N/A
|
0.01
N/A
|
0.01
N/A
|
-0.01
N/A
|
0
N/A
|
0.01
N/A
|
0.01
N/A
|
0
N/A
|
-0.02
N/A
|
-0.06
-200%
|
-0.05
+17%
|
-0.02
+60%
|
-0.01
+50%
|
0.02
N/A
|
0.03
+50%
|
0
N/A
|
-0.02
N/A
|
-0.04
-100%
|
-0.07
-75%
|
-0.1
-43%
|
-0.06
+40%
|
-0.05
+17%
|
-0.05
N/A
|
|