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SEC Filings

8-K
ACETO CORP filed this Form 8-K on 11/03/2017
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(Financial Tables Follow)

 

Aceto Corporation and Subsidiaries

Consolidated Statements of Income

(in thousands, except per share amounts)

 

   (unaudited) 
   Three Months Ended 
   September 30, 
   2017   2016 
Net sales  $185,255   $128,018 
Cost of sales   145,272    97,179 
Gross profit   39,983    30,839 
Gross profit %   21.6%   24.1%
           
Selling, general and administrative expenses   31,149    21,024 
Research and development expenses   1,615    1,050 
Operating income   7,219    8,765 
           
Other expense, net of interest expense   (5,081)   (1,985)
           
Income before income taxes   2,138    6,780 
Income tax provision   1,684    2,395 
Net income  $454   $4,385 
           
Net income per common share  $0.01   $0.15 
           
Diluted net income per common share  $0.01   $0.15 
           
Weighted average shares outstanding:          
Basic   34,975    29,518 
Diluted   35,259    29,840 

 

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