| Income Statement | 2025-07-31 | 2025-01-31 | 2024-10-31 | 2024-07-31 |
|---|---|---|---|---|
| Net sales | 1,414,332 | 1,260,710 | 1,470,776 | 1,448,456 |
| Cost of sales (exclusive of depreciation and amortization shown separately below) | 977,807 | 867,620 | 1,009,649 | 996,893 |
| Gross profit | 436,525 | 393,090 | 461,127 | 451,563 |
| Selling, general and administrative | 314,379 | 310,815 | 324,225 | 315,152 |
| Impairment of goodwill | - | 42,454 | - | - |
| Gain on sale of business | - | 7,393 | - | - |
| Depreciation and amortization | 40,919 | 42,430 | 42,078 | 38,032 |
| Total operating expenses | 355,298 | 388,306 | 366,303 | 353,184 |
| Operating income | 81,227 | 4,784 | 94,824 | 98,379 |
| Other income, net | 906 | 1,053 | 1,299 | 2,028 |
| Interest expense | 21,068 | 23,069 | 23,697 | 22,213 |
| Total other expense, net | -20,162 | -22,016 | -22,398 | -20,185 |
| Income before taxes | 61,065 | -17,232 | 72,426 | 78,194 |
| Provision for income taxes | 17,505 | 4,177 | 18,890 | 20,946 |
| Net income | 43,560 | -21,409 | 53,536 | 57,248 |
| Foreign currency translation adjustments | -7,729 | -22,109 | -3,789 | -2,950 |
| Changes in derivative financial instruments, net of tax | 656 | 707 | -6 | -5,347 |
| Intra-entity transactions that are of a long-term investment nature, net of tax | -341 | - | - | - |
| Total other comprehensive loss | -7,414 | - | - | - |
| Comprehensive income | 36,146 | -42,811 | 49,741 | 48,951 |
| Basic (in dollars per share) | 1.14 | -0.55 | 1.37 | 1.45 |
| Basic (in shares) | 38,064,000 | 38,708,000 | 39,126,000 | 39,542,000 |
| Diluted (in dollars per share) | 1.13 | -0.55 | 1.35 | 1.42 |
| Diluted (in shares) | 38,629,000 | 38,708,000 | 39,703,000 | 40,226,000 |
GMS Inc. (GMS)
GMS Inc. (GMS)