Sparton annual revenue was $374.99 m in FY 2018

Sparton Gross profit (Q2, 2019)23.1 M

Sparton Gross profit margin (Q2, 2019), %21.9%

Sparton Net income (Q2, 2019)1.9 M

Sparton EBIT (Q2, 2019)5.3 M

Sparton Cash, 30-Dec-20181.4 M

Sparton revenue was $374.99 m in FY, 2018 which is a 5.7% year over year decrease from the previous period.

## Founding Date | 1900 |

Sparton revenue breakdown by business segment: 39.0% from Engineered Components and Products and 61.0% from Manufacturing and Design Services

USD | FY, 2016 | FY, 2017 | FY, 2018 |
---|---|---|---|

## Revenue | 419.4m | 397.6m | 375.0m |

| 10% | (5%) | (6%) |

## Cost of goods sold | 339.2m | 325.7m | 295.6m |

## Gross profit | 80.1m | 71.9m | 79.4m |

| 19% | 18% | 21% |

## R&D expense | 2.3m | 1.7m | 2.7m |

## General and administrative expense | 55.2m | 54.1m | 58.1m |

## Operating expense total | 131.9m | 64.3m | 69.9m |

## Depreciation and amortization | 9.6m | 8.5m | 7.3m |

## EBIT | (51.8m) | 7.6m | 9.5m |

| (12%) | 2% | 3% |

## Interest expense | 3.8m | 4.4m | 6.4m |

## Pre tax profit | (55.5m) | 3.2m | 3.2m |

## Income tax expense | (17.2m) | 1.9m | 11.4m |

## Net Income | (38.3m) | 1.3m | (8.3m) |

## EPS | (3.9) | 0.1 | (0.8) |

USD | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 |
---|---|---|---|---|---|---|---|---|

## Revenue | 100.4m | 97.4m | 95.4m | 82.8m | 97.8m | 93.9m | 89.5m | 105.2m |

## Cost of goods sold | 83.1m | 81.5m | 78.5m | 68.2m | 77.4m | 76.3m | 71.8m | 82.2m |

## Gross profit | 17.3m | 15.9m | 16.9m | 14.6m | 20.4m | 17.7m | 17.6m | 23.1m |

| 17% | 16% | 18% | 18% | 21% | 19% | 20% | 22% |

## R&D expense | 351.0k | 533.0k | 424.0k | 572.0k | 669.0k | 307.0k | 1.3m | 1.4m |

## General and administrative expense | 13.4m | 13.0m | 12.9m | 15.2m | 14.1m | 13.3m | 12.4m | 14.7m |

## Operating expense total | 16.0m | 15.7m | 15.4m | 17.7m | 16.6m | 15.4m | 15.4m | 17.8m |

## Depreciation and amortization | 2.2m | 2.2m | 2.1m | 1.9m | 1.9m | 1.8m | 1.7m | 1.6m |

## EBIT | 1.3m | 221.0k | 1.5m | (3.1m) | 3.8m | 2.3m | 2.3m | 5.3m |

| 1% | 0% | 2% | (4%) | 4% | 2% | 3% | 5% |

## Interest expense | 1.2m | 1.1m | 1.1m | 1.3m | 1.5m | 1.5m | 1.9m | 1.8m |

## Pre tax profit | 167.0k | (857.0k) | 475.0k | (4.4m) | 2.3m | 854.0k | 287.0k | 3.4m |

## Income tax expense | 59.0k | 50.0k | 46.0k | (1.5m) | 11.3m | 239.0k | 75.0k | 1.5m |

## Net Income | 108.0k | (907.0k) | 429.0k | (2.9m) | (9.0m) | 615.0k | 212.0k | 1.9m |

## EPS | 0.0 | (0.1) | 0.0 | (0.3) | (0.9) | 0.1 | 0.0 | 0.2 |

USD | FY, 2016 | FY, 2017 | FY, 2018 |
---|---|---|---|

## Cash | 132.0k | 988.0k | 1.2m |

## Accounts Receivable | 46.8m | 45.3m | 60.5m |

## Prepaid Expenses | 5.8m | 3.9m | 3.9m |

## Inventories | 77.9m | 60.2m | 72.4m |

## Current Assets | 130.6m | 110.4m | 142.5m |

## PP&E | 33.3m | 34.5m | 32.8m |

## Goodwill | 12.7m | 12.7m | 12.7m |

## Total Assets | 246.0m | 217.1m | 232.0m |

## Accounts Payable | 38.3m | 27.7m | 28.6m |

## Short-term debt | 217.0k | 269.0k | 163.0k |

## Current Liabilities | 62.4m | 54.3m | 67.1m |

## Long-term debt | 97.5m | 74.7m | 84.5m |

## Total Debt | 97.8m | 74.9m | 84.7m |

## Total Liabilities | 167.4m | 135.3m | 158.4m |

## Common Stock | 12.3m | 12.3m | 12.3m |

## Additional Paid-in Capital | 16.4m | 17.9m | 17.6m |

## Retained Earnings | 51.7m | 53.0m | 44.7m |

## Total Equity | 78.6m | 81.9m | 73.6m |

## Debt to Equity Ratio | 1.2 x | 0.9 x | 1.2 x |

## Debt to Assets Ratio | 0.4 x | 0.3 x | 0.4 x |

## Financial Leverage | 3.1 x | 2.7 x | 3.2 x |

USD | FY, 2016 | FY, 2017 | FY, 2018 |
---|---|---|---|

## Net Income | (38.3m) | 1.3m | (8.3m) |

## Depreciation and Amortization | 15.7m | 14.4m | 13.2m |

## Accounts Receivable | 23.8m | 1.4m | (15.1m) |

## Inventories | (3.4m) | 17.6m | (12.2m) |

## Accounts Payable | 8.0m | (10.3m) | 8.5m |

## Cash From Operating Activities | 48.1m | 31.5m | (4.1m) |

## Purchases of PP&E | (6.1m) | (6.9m) | (4.2m) |

## Cash From Investing Activities | (4.8m) | (6.9m) | (4.2m) |

## Long-term Borrowings | (186.1m) | (153.8m) | (181.8m) |

## Cash From Financing Activities | (58.1m) | (23.7m) | 8.5m |

## Net Change in Cash | (14.8m) | 856.0k | 172.0k |

## Interest Paid | 3.5m | 3.8m | 4.9m |

## Income Taxes Paid | 766.0k | 1.1m | 392.0k |

USD | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 |
---|---|---|---|---|---|---|---|---|

## Net Income | 108.0k | (799.0k) | (370.0k) | (2.9m) | (11.9m) | (11.3m) | 212.0k | 2.1m |

## Depreciation and Amortization | 3.7m | 7.4m | 11.0m | 3.5m | 6.8m | 10.0m | 3.1m | 6.1m |

## Accounts Receivable | (1.4m) | (637.0k) | (1.3m) | (8.6m) | (9.1m) | (20.4m) | 6.7m | 5.4m |

## Inventories | 10.1m | 18.0m | 12.9m | (8.4m) | (2.5m) | (5.2m) | (9.0m) | (4.1m) |

## Accounts Payable | (10.2m) | (11.6m) | (9.3m) | (5.3m) | 6.3m | (1.8m) | 6.3m | 11.2m |

## Cash From Operating Activities | 3.2m | 14.7m | 15.5m | (23.2m) | (874.0k) | (18.3m) | 12.2m | 22.7m |

## Purchases of PP&E | (1.1m) | (2.6m) | (4.8m) | (455.0k) | (3.1m) | (3.8m) | (651.0k) | (2.0m) |

## Cash From Investing Activities | (1.1m) | (2.6m) | (4.8m) | (455.0k) | (3.1m) | (3.8m) | (651.0k) | (2.0m) |

## Long-term Borrowings | (29.9m) | (71.3m) | (110.9m) | (48.7m) | (100.5m) | (144.8m) | (59.7m) | (103.9m) |

## Cash From Financing Activities | (1.5m) | (11.6m) | (9.8m) | 23.0m | 4.1m | 21.9m | (11.6m) | (20.5m) |

## Net Change in Cash | 586.0k | 457.0k | 900.0k | (669.0k) | 116.0k | 196.0k | 10.0k | 225.0k |

## Interest Paid | 1.1m | 2.0m | 2.4m | 950.0k | 1.9m | 3.3m | 1.5m | 3.0m |

## Income Taxes Paid | 354.0k | 553.0k | 509.0k | 603.0k | 675.0k | 22.0k | 1.8m |

USD | FY, 2016 |
---|---|

## Revenue/Employee | 228.2k |

## Debt/Equity | 1.2 x |

## Debt/Assets | 0.4 x |

## Financial Leverage | 3.1 x |

FY, 2016 | FY, 2017 | FY, 2018 | |
---|---|---|---|

## Backlog (ECP) | $142.20 m | $148 m | $171.50 m |

## Backlog (MDS) | $138.50 m | $124.80 m | $148.10 m |

## Engineered Components and Products Segment Space (Leased), sq. ft. | 62 k | 62 k | 62 k |

## Engineered Components and Products Segment Space (Owned), sq. ft. | 183 k | 183 k | 183 k |

## Manufacturing & Design Services Segment Space (Leased), sq. ft. | 193 k | 226 k | 202 k |

## Manufacturing & Design Services Segment Space (Owned), sq. ft. | 365 k | 365 k | 365 k |

## Manufacturing and Administrative Space, sq. ft | 825 k | 858 k | 834 k |

## Office Space Leased, square feet | 22 k | 22 k | 22 k |