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SEC Filings

10-K/A
ACETO CORP filed this Form 10-K/A on 11/09/2017
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ACETO CORPORATION AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF INCOME

FOR THE YEARS ENDED JUNE 30, 2017, 2016 AND 2015

(in thousands, except per-share amounts)

 

   2017   2016   2015 
             
Net sales  $638,318   $558,524   $542,944 
Cost of sales   497,526    415,739    411,517 
Gross profit   140,792    142,785    131,427 
                
Selling, general and administrative expenses   102,340    76,820    73,159 
Research and development expenses   7,898    7,937    5,942 
Operating income   30,554    58,028    52,326 
                
Other (expense) income:               
Interest expense   (15,770)   (6,997)   (3,954)
Interest and other income, net   2,577    2,823    1,486 
    (13,193)   (4,174)   (2,468)
                
Income before income taxes   17,361    53,854    49,858 
Provision for income taxes   5,985    19,088    18,980 
Net income  $11,376   $34,766   $30,878 
                
Basic income per common share  $0.35   $1.19   $1.07 
                
Diluted income per common share  $0.35   $1.18   $1.06 
                
Weighted average shares outstanding:               
Basic   32,283    29,110    28,731 
Diluted   32,632    29,581    29,247 

 

See accompanying notes to consolidated financial statements.

 

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