G H I J A B E F 1 1) Perform the Horizontal Analysis on this Income Statement for 2020-2019 2 3 CLARUS CORPORATION CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (In thousands, except per share amounts) 5 Year Ended December 31, 2019 2020 2018 9 $ 10 11 Sales Domestic sales International sales Total sales 132.226 91,781 224,007 121.751 107,686 229,437 112.537 99,604 212,141 12 13 Cost of goods sold Gross profit 146,212 77,795 149.146 80,291 138,179 73,962 14 15 16 71,428 Operating expenses Selling, general and administrative Restructuring charge Transaction costs 68.680 13 65.151 137 503 2.433 166 17 18 Total operating expenses 73,861 68,859 65,791 3,934 11,432 8,171 (1,261) 912 (1,358) (93) (1,339) (359) (349) (1.451) (1,698) 3,585 (1.960) 5.545 9,981 (8.991) 18,972 6,473 (828) 7,301 19 Operating income 20 21 Other (expense) income Interest expense, net 22 Other, net 23 24 Total other expense, net 25 Income before income tax 26 Income tax benefit 27 Net income 28 Other comprehensive income (loss), net of tax: 29 Foreign currency translation adjustment 30 Unrealized (loss) gain on hedging activities Other comprehensive income (loss) 31 Comprehensive income 32 33 Net income per share: Basic 34 Diluted 35 Weighted average shares outstanding: 36 Basic 37 Diluted 38 See accompanying notes to consolidated financial statements. 39 (359) (421) 1,766 (963) 803 6,348 (832) 810 (22) 7,279 (780) 18,192 S $ 0.18 0.18 0.64 0.61 0.24 0.24 30,175 31.225 29,820 30,993 29,915 30.255 40 41