2018 112.537 99,604 212,141 138,179 73,962 65.151 137 503 65,791 8,171 D E H 1 1) Perform the Ratio Analysis on this Income Statement for 2020-2019 2 3 CLARUS CORPORATION 4 CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME 5 (In thousands, except per share amounts) 6 Year Ended December 31, 7 2020 2019 8 Sales 9 Domestic sales 132.226 S 121.751 $ LO International sales 91,781 107,686 11 Total sales 224,007 229,437 12 Cost of goods sold 146,212 149.146 13 Gross profit 77,795 80.291 14 Operating expenses 15 Selling, general and administrative 71.428 68.680 16 Restructuring charge 13 Transaction costs 17 2.433 166 18 Total operating expenses 73,861 68,859 19 Operating income 3,934 11,432 20 21 Other (expense) income 22 Interest expense, net (1,261) (1,358) Other, net (93) 23 24 Total other expense, net (349) (1.451) 25 Income before income tax 3,585 9,981 26 Income tax benefit (1.960) (8.991) 27 Net income 5,545 18,972 28 Other comprehensive income (loss), net of tax: 29 Foreign currency translation adjustment 1,766 (359) 30 Unrealized (loss) gain on hedging activities (963) (421) Other comprehensive income (loss) 803 (780) 31 Comprehensive income 6,348 18,192 32 33 Net income per share: Basic 0.18 s 0.64 $ 34 Diluted 0.18 0.61 35 36 Weighted average shares outstanding: Basic 30,175 29,820 37 Diluted 31.225 30.993 38 See accompanying notes to consolidated financial statements. 39 70 11 912 (1,339) (359) (1,698) 6,473 (828) 7.301 (832) 810 (22) 7,279 0.24 0.24 29,915 30.255 2018 112.537 99,604 212,141 138,179 73,962 65.151 137 503 65,791 8,171 D E H 1 1) Perform the Ratio Analysis on this Income Statement for 2020-2019 2 3 CLARUS CORPORATION 4 CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME 5 (In thousands, except per share amounts) 6 Year Ended December 31, 7 2020 2019 8 Sales 9 Domestic sales 132.226 S 121.751 $ LO International sales 91,781 107,686 11 Total sales 224,007 229,437 12 Cost of goods sold 146,212 149.146 13 Gross profit 77,795 80.291 14 Operating expenses 15 Selling, general and administrative 71.428 68.680 16 Restructuring charge 13 Transaction costs 17 2.433 166 18 Total operating expenses 73,861 68,859 19 Operating income 3,934 11,432 20 21 Other (expense) income 22 Interest expense, net (1,261) (1,358) Other, net (93) 23 24 Total other expense, net (349) (1.451) 25 Income before income tax 3,585 9,981 26 Income tax benefit (1.960) (8.991) 27 Net income 5,545 18,972 28 Other comprehensive income (loss), net of tax: 29 Foreign currency translation adjustment 1,766 (359) 30 Unrealized (loss) gain on hedging activities (963) (421) Other comprehensive income (loss) 803 (780) 31 Comprehensive income 6,348 18,192 32 33 Net income per share: Basic 0.18 s 0.64 $ 34 Diluted 0.18 0.61 35 36 Weighted average shares outstanding: Basic 30,175 29,820 37 Diluted 31.225 30.993 38 See accompanying notes to consolidated financial statements. 39 70 11 912 (1,339) (359) (1,698) 6,473 (828) 7.301 (832) 810 (22) 7,279 0.24 0.24 29,915 30.255