Spartan Motors was founded in 1975 and is headquartered in Charlotte, US

Spartan Motors has an office in Charlotte

Charlotte, US (HQ)

1541 Reynolds Rd

Spartan Motors's revenue was reported to be $167.1 m in Q1, 2017

USD

## Revenue (Q1, 2017) | 167.1 m |

## Gross profit (Q1, 2017) | 16.5 m |

## Gross profit margin (Q1, 2017), % | 10% |

## Net income (Q1, 2017) | (1.1 m) |

## EBIT (Q1, 2017) | (842 k) |

## Market capitalization (25-Jul-2017) | 300.2 m |

## Cash (31-Mar-2017) | 35.4 m |

Spartan Motors's current market capitalization is $300.2 m.

USD | FY, 2013^{} | FY, 2014^{} | FY, 2015^{} | FY, 2016^{} |
---|---|---|---|---|

## Revenue | 469.5 m | 506.8 m | 550.4 m | 590.8 m |

## Revenue growth, % | 8% | 9% | 7% | |

## Cost of goods sold | 442.9 m | 502.8 b | 518.1 m | |

## Gross profit | 53.1 m | 63.9 m | (502.2 b) | 72.7 m |

## Gross profit Margin, % | 11% | 13% | (91246%) | 12% |

## R&D expense | 6.8 m | |||

## General and administrative expense | 56.2 m | |||

## Operating expense total | 61.3 m | 64.2 m | 59.6 m | 63.9 m |

## EBIT | (8.2 m) | (1.2 m) | (12.5 m) | 8.6 m |

## EBIT margin, % | (2%) | (0%) | (2%) | 1% |

## Interest expense | 341 k | 365 m | 410 k | |

## Income tax expense | 100 k | |||

## Net Income | (6 m) | 1 m | (17.5 m) | 8.6 m |

USD | Q2, 2014^{} | Q3, 2014^{} | Q1, 2015^{} | Q2, 2015^{} | Q3, 2015^{} | Q1, 2016^{} | Q2, 2016^{} | Q3, 2016^{} | Q1, 2017^{} |
---|---|---|---|---|---|---|---|---|---|

## Revenue | 115.8 m | 144.2 m | 128.4 m | 144.8 m | 136.6 m | 133.7 m | 162.5 m | 148.7 m | 167.1 m |

## Cost of goods sold | 101.1 m | 124.1 m | 114.3 m | 127.3 m | 123.8 m | 117.9 m | 141.7 m | 130.6 m | 150.5 m |

## Gross profit | 14.7 m | 20.2 m | 14 m | 17.6 m | 12.8 m | 15.8 m | 20.8 m | 18.1 m | 16.5 m |

## Gross profit Margin, % | 13% | 14% | 11% | 12% | 9% | 12% | 13% | 12% | 10% |

## R&D expense | 2.7 m | 3 m | 3.6 m | 1.2 m | 454 k | 1.2 m | 1.8 m | 1.4 m | 2.1 m |

## General and administrative expense | 11.9 m | 12.7 m | 13.6 m | 13.2 m | 12.4 m | 13.6 m | 14.4 m | 13.8 m | 14.6 m |

## Operating expense total | 14.6 m | 15.6 m | 17.2 m | 14.4 m | 12.8 m | 14.8 m | 16.2 m | 15.2 m | 16.7 m |

## EBIT | 31 k | 4.3 m | (4.4 m) | 2.3 m | (458 k) | 691 k | 4.4 m | 2.6 m | (842 k) |

## EBIT margin, % | 0% | 3% | (3%) | 2% | (0%) | 1% | 3% | 2% | (1%) |

## Interest expense | (91 k) | (80 k) | (90 k) | (112 k) | (91 k) | (114 k) | (88 k) | (112 k) | (264 k) |

## Net Income | 230 k | 3.2 m | (2.9 m) | 1.2 m | (5.8 m) | 543 k | 4.4 m | 2.7 m | (1.1 m) |

USD | FY, 2013^{} | FY, 2014^{} | FY, 2015^{} | FY, 2016^{} |
---|---|---|---|---|

## Cash | 30.7 m | 28.6 m | 32.7 m | 32 m |

## Inventories | 81.4 m | 71.2 m | 60.6 m | 58.9 m |

## Current Assets | 170.7 m | 161.3 m | 158.3 m | 162.2 m |

## PP&E | 54.3 m | 50.4 m | 47.3 m | 53.1 m |

## Goodwill | 16 m | 16 m | 16 m | 16 m |

## Total Assets | 253.3 m | 238.8 m | 230.7 m | 243.3 m |

## Accounts Payable | 30.5 m | 22.8 m | 27.3 m | 31.3 m |

## Total Debt | 65 k | |||

## Current Liabilities | 70.2 m | 60.6 m | 72.4 m | 87.7 m |

## Total Liabilities | 90.3 m | |||

## Additional Paid-in Capital | 75.1 m | 75.7 m | 76.5 m | 76.8 m |

## Retained Earnings | 96.1 m | 92.7 m | 72.3 m | 76.4 m |

## Total Equity | 171.6 m | 168.6 m | 148.5 m | 153 m |

## Debt to Equity Ratio | 0 x | |||

## Debt to Assets Ratio | 0 x | |||

## Financial Leverage | 1.5 x | 1.4 x | 1.6 x | 1.6 x |

USD | Q2, 2014^{} | Q3, 2014^{} | Q1, 2015^{} | Q2, 2015^{} | Q3, 2015^{} | Q1, 2016^{} | Q2, 2016^{} | Q3, 2016^{} | Q1, 2017^{} |
---|---|---|---|---|---|---|---|---|---|

## Cash | 29.7 m | 28.5 m | 12 m | 20.6 m | 20.9 m | 36.8 m | 39.8 m | 40 m | 35.4 m |

## Inventories | 84.4 m | 73.7 m | 85.1 m | 69.9 m | 78.5 m | 71.2 m | 59.8 m | 68 m | 109.2 m |

## Current Assets | 176.5 m | 172.5 m | 181.8 m | 166.5 m | 175.5 m | 175.2 m | 174.4 m | 182.2 m | 214.1 m |

## PP&E | 52.2 m | 51.1 m | 50.2 m | 49.5 m | 47.8 m | 47.4 m | 49.9 m | 51 m | 58.1 m |

## Goodwill | 16 m | 16 m | 16 m | 16 m | 16 m | 16 m | 16 m | 16 m | 25.6 m |

## Total Assets | 256.3 m | 250.9 m | 259 m | 242.9 m | 248.5 m | 247.6 m | 249.8 m | 261.2 m | 313.8 m |

## Accounts Payable | 35.2 m | 29.2 m | 46.3 m | 30.5 m | 38.9 m | 41.3 m | 38.7 m | 44.1 m | 35.9 m |

## Current Liabilities | 77.8 m | 70 m | 83.3 m | 67.6 m | 79.3 m | 88.2 m | 91.9 m | 105.1 m | 124.3 m |

## Additional Paid-in Capital | 75.5 m | 75.3 m | 76 m | 76.1 m | 76.3 m | 77 m | 76.3 m | 76.7 m | 76.7 m |

## Retained Earnings | 92 m | 94.6 m | 89.8 m | 89.3 m | 83.5 m | 72.9 m | 74.5 m | 77.2 m | 75.3 m |

## Total Equity | 165.6 m | 160 m | 149.5 m | 150.5 m | 153.6 m | 151.7 m | |||

## Financial Leverage | 1.5 x | 1.6 x | 1.7 x | 1.7 x | 1.7 x | 2.1 x |

USD | FY, 2013^{} | FY, 2014^{} | FY, 2015^{} | FY, 2016^{} |
---|---|---|---|---|

## Net Income | (6 m) | 1 m | (17.5 m) | 8.6 m |

## Depreciation and Amortization | 9.2 m | 8.4 m | 7.4 m | 7.9 m |

## Accounts Receivable | (421 k) | (802 k) | (8.3 m) | (8.8 m) |

## Inventories | (14 m) | 10.3 m | 10.6 m | 1.7 m |

## Accounts Payable | 7.5 m | (7.8 m) | 4.6 m | 4 m |

## Cash From Operating Activities | 13 m | 6.5 m | 12.9 m | 23.5 m |

## Purchases of PP&E | (3.5 m) | (3.5 m) | (4.9 m) | (13.4 m) |

## Cash From Investing Activities | (846 k) | (2.8 m) | (4.7 m) | (13.4 m) |

## Long-term Borrowings | (86 k) | (80 k) | (75 k) | (5.1 m) |

## Cash From Financing Activities | (3.2 m) | (5.8 m) | (4.1 m) | (10.7 m) |

USD | Q2, 2014^{} | Q3, 2014^{} | Q1, 2015^{} | Q2, 2015^{} | Q3, 2015^{} | Q1, 2016^{} | Q2, 2016^{} | Q3, 2016^{} | Q1, 2017^{} |
---|---|---|---|---|---|---|---|---|---|

## Net Income | 230 k | 3.2 m | (2.9 m) | 1.2 m | (5.8 m) | 543 k | 4.4 m | 2.7 m | (1.1 m) |

## Inventories | 84.4 m | 73.7 m | 85.1 m | 69.9 m | 78.5 m | 71.2 m | 109.2 m | ||

## Accounts Payable | 35.2 m | 29.2 m | 46.3 m | 30.5 m | 38.9 m | 41.3 m | 38.7 m | 44.1 m | 35.9 m |

USD | Y, 2017 |
---|---|

## Revenue/Employee | 71.4 k |

## Financial Leverage | 2.1 x |