lanc: the income statement

MyFinsight

For the quarter ending 2025-03-31, LANC made $457,836K in revenue. $41,124K in net income. Net profit margin of 8.98%.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Income Statement	2025-03-31	2024-12-31	2024-09-30
Net sales	457,836	509,301	466,558
Cost of sales	351,874	376,533	355,734
Gross profit	105,962	132,768	110,824
Selling, general and administrative expenses	56,085	57,107	54,960
Operating income	49,877	75,661	55,864
Pension settlement charge	-	-13,968	-
Other, net	1,960	1,541	2,019
Income before income taxes	51,837	63,234	57,883
Taxes based on income	10,713	14,241	13,182
Net income	41,124	48,993	44,701

Basic eps	1.49	1.78	1.62
Diluted eps	1.49	1.78	1.62
Basic average shares	27,482,000	27,480,000	27,457,000
Diluted average shares	27,496,000	27,495,000	27,478,000

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Income Statement	2025-03-31	2024-12-31	2024-09-30
Net sales	457,836	509,301	466,558
Cost of sales	351,874	376,533	355,734
Gross profit	105,962	132,768	110,824
Selling, general and administrative expenses	56,085	57,107	54,960
Operating income	49,877	75,661	55,864
Pension settlement charge	-	-13,968	-
Other, net	1,960	1,541	2,019
Income before income taxes	51,837	63,234	57,883
Taxes based on income	10,713	14,241	13,182
Net income	41,124	48,993	44,701

Basic eps	1.49	1.78	1.62
Diluted eps	1.49	1.78	1.62
Basic average shares	27,482,000	27,480,000	27,457,000
Diluted average shares	27,496,000	27,495,000	27,478,000

lanc: the income statement