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Income Statement
Balance Sheet
Cash Flow Statement

Common Size IS
Op Efficiency
Credit Analysis

FARMER BROTHERS CO (FARM)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsJun-30-22Jun-30-21Jun-30-20Jun-30-19Jun-30-18Jun-30-17Jun-30-16Jun-30-15
   8-K10-K10-K10-K10-K10-K10-K10-K
Revenues  469.2397.9501.3595.9606.5541.5544.4545.9
            Revenue growth  17.9%-20.6%-15.9%-1.7%12.0%-0.5%-0.3%3.3%
Cost of goods sold  332.3296.9363.2416.8399.2354.6373.2348.8
Gross profit  136.9100.9138.1179.1207.4186.9171.2197.0
            Gross margin  29.2%25.4%27.6%30.1%34.2%34.5%31.4%36.1%
Selling, general and administrative   [+]306.0138.4164.3188.6202.8176.5165.2182.9
Other operating expenses  -151.50.7-25.25.2-0.8-28.68.110.8
EBITDA   [+]6.3-10.528.916.435.861.918.627.5
            EBITDA margin  1.3%-2.7%5.8%2.7%5.9%11.4%3.4%5.0%
Depreciation  23.825.227.528.528.122.320.624.1
EBITA  -17.5-35.81.4-12.17.839.6-2.03.4
            EBITA margin  -3.7%-9.0%0.3%-2.0%1.3%7.3%-0.4%0.6%
Amortization of intangibles   2.42.42.62.40.70.20.1
EBIT   [+]-17.5-38.2-1.0-14.75.438.9-2.23.3
            EBIT margin  -3.7%-9.6%-0.2%-2.5%0.9%7.2%-0.4%0.6%
Non-recurring items   [+]-2.9 42.0 4.3   
Interest expense, net   [+]9.516.010.512.09.88.0-0.10.4
Other income (expense), net   [+]8.226.116.2-6.87.76.51.7-1.8
Pre-tax income  -16.0-28.1-37.3-33.5-1.037.4-0.41.1
Income taxes  -0.313.6-0.240.117.314.8-72.20.4
            Tax rate  1.9% 0.5%  39.6%16124.8%38.1%
Net income  -15.7-42.2-37.6-74.1-18.722.671.80.7
            Net margin  -3.3%-10.6%-7.5%-12.4%-3.1%4.2%13.2%0.1%
   
Basic EPS   [+]($0.86)($2.39)($2.19)($4.36)($1.11)$1.35$4.35$0.04
Diluted EPS   [+]($0.86)($2.39)($2.19)($4.36)($1.11)$1.34$4.32$0.04
   
   
Shares outstanding (basic)   [+]18.217.617.217.016.816.716.516.1
Shares outstanding (diluted)   [+]18.217.617.217.016.816.816.616.3
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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