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Posted on Sep 05, 2024

Question 7 Compute Gross Margin % for the most recent four quarters: 1st quarter (ending 9/20) 2nd quarter (ending 12/20) 3rd quarter (ending 3/21) 4th

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Question 7 Compute Gross Margin % for the most recent four quarters: 1st quarter (ending 9/20) 2nd quarter (ending 12/20) 3rd quarter (ending 3/21) 4th quarter (ending 6/21) Describe the pattern you observe? Gross Margin %= Sales-Cost of Goods Sold t Salest Standardized Quarterly Balance Sheet Report Date Scale Total Assets Total Liabilities Total Equity Total Liabilities & Equity Standardized Quarterly Income Statement Report Date Currency Audit Status Consolidated Scale Sales Revenue Cost of products sold Gross Profit Selling General & Admin Research & Development Other income (expense), net Interest expense Earnings (loss) before income taxes Income taxes Net Income Net earnings (loss) per share - basic Net earnings (loss) per share - diluted 09/30/2016 12/31/2016 03/31/2017 06/30/2017 09/30/2017 09/30/2017 12/31/2017 03/31/2018 06/30/2018 09/30/2018 12/31/2018 03/31/2019 06/30/2019 09/30/2019 12/31/2019 03/31/2020 06/30/2020 09/30/2020 12/31/2020 03/31/2021 06/30/2021 Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands 4466000 4568000 4629000 4573000 4600000 4758000 5444000 5060000 5058000 5073000 5162000 5116000 5397000 5459000 5850000 6213000 6777000 6855000 6441000 4607000 4334000 4381000 4331000 4381000 4557000 4847000 4904000 5155000 5305000 5662000 5475000 5503000 837000 726000 677000 742000 781000 559000 555000 908000 1115000 1380000 938000 6334000 4177000 289000 4298000 4225000 4031000 270000 404000 542000 4466000 4568000 4629000 4573000 4008000 3998000 592000 760000 4600000 4758000 5742000 592000 550000 695000 5444000 5060000 5058000 5073000 5162000 5116000 5397000 5459000 5850000 6213000 6777000 6855000 6441000 6334000 09/30/2019 12/31/2019 09/30/2019 12/31/2019 03/31/2020 06/30/2020 09/30/2020 12/31/2020 03/31/2021 06/30/2021 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter USD USD USD USD USD USD USD USD Not Not Not Not Not Not Qualified Qualified Qualified Qualified Qualified Qualified Qualified Qualified Qualified Qualified Qualified Qualified Qualified Qualified Qualified Qualified Not Not Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes 1802000 09/30/2016 12/31/2016 03/31/2017 06/30/2017 09/30/2017 12/31/2017 03/31/2018 06/30/2018 09/30/2018 12/31/2018 03/31/2019 06/30/2019 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter USD USD USD USD USD USD USD USD USD USD USD USD Not Not Not Not Not Not Not Not Not Not Not Not Qualified Qualified Qualified Qualified Yes Yes Yes Yes Yes Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands 1443000 1406000 1477000 1647000 1500000 1416000 1517000 1691000 1563000 1473000 1551000 1627000 1506000 1449000 1783000 1983000 1916000 1842000 1781000 827000 807000 868000 947000 885000 830000 878000 893000 843000 810000 951000 1054000 996000 1005000 1007000 673000 609000 649000 744000 678000 643000 673000 734000 663000 639000 832000 929000 920000 837000 774000 337000 358000 374000 351000 356000 377000 384000 348000 350000 453000 493000 417000 456000 437000 32000 37000 32000 32000 34000 38000 30000 34000 39000 42000 32000 40000 32000 -3000 16000 3000 7000 -2000 -1000 2000 -5000 19000 -1000 -80000 15000 -10000 -20000 -18000 -24000 -24000 -24000 -22000 -25000 -25000 -24000 -23000 -25000 -24000 -25000 242000 306000 268000 224000 240000 292000 258000 235000 297000 395000 526000 332000 -59000 61000 89000 58000 42000 53000 51000 50000 56000 85000 109000 71000 0 181000 217000 210000 182000 187000 241000 185000 241000 310000 415000 259000 -61000 1.39 1.65 1.42 1.46 1.89 1.48 1.92 2.45 3.28 2.06 -0.49 1.62 1.4 1.44 1.87 1.46 1.89 2.42 3.22 2.03 803000 640000 328000 777000 629000 827000 650000 895000 752000 362000 325000 32000 394000 37000 31000 35000 338000 32000 3000 31000 -6000 -5000 -16000 15000 23000 -22000 1134000 668000 484000 45000 -13000 -25000 101000 1000 97000 0.79 -22000 -18000 -21000 -22000 264000 -20000 227000 227000 247000 295000 279000 85000 77000 75000 172000 93000 201000 87000 192000 -6000 233000 179000 149000 1.39 1.16 55000 203000 1.61 1.59 1.34 1.55 1.49 1.81 1.68 1.36 1.14 1.31 1.52 1.46 1.77 1.37 1.66 -0.49 0.78 Question 7 Compute Gross Margin % for the most recent four quarters: 1st quarter (ending 9/20) 2nd quarter (ending 12/20) 3rd quarter (ending 3/21) 4th quarter (ending 6/21) Describe the pattern you observe? Gross Margin %= Sales-Cost of Goods Sold t Salest Standardized Quarterly Balance Sheet Report Date Scale Total Assets Total Liabilities Total Equity Total Liabilities & Equity Standardized Quarterly Income Statement Report Date Currency Audit Status Consolidated Scale Sales Revenue Cost of products sold Gross Profit Selling General & Admin Research & Development Other income (expense), net Interest expense Earnings (loss) before income taxes Income taxes Net Income Net earnings (loss) per share - basic Net earnings (loss) per share - diluted 09/30/2016 12/31/2016 03/31/2017 06/30/2017 09/30/2017 09/30/2017 12/31/2017 03/31/2018 06/30/2018 09/30/2018 12/31/2018 03/31/2019 06/30/2019 09/30/2019 12/31/2019 03/31/2020 06/30/2020 09/30/2020 12/31/2020 03/31/2021 06/30/2021 Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands 4466000 4568000 4629000 4573000 4600000 4758000 5444000 5060000 5058000 5073000 5162000 5116000 5397000 5459000 5850000 6213000 6777000 6855000 6441000 4607000 4334000 4381000 4331000 4381000 4557000 4847000 4904000 5155000 5305000 5662000 5475000 5503000 837000 726000 677000 742000 781000 559000 555000 908000 1115000 1380000 938000 6334000 4177000 289000 4298000 4225000 4031000 270000 404000 542000 4466000 4568000 4629000 4573000 4008000 3998000 592000 760000 4600000 4758000 5742000 592000 550000 695000 5444000 5060000 5058000 5073000 5162000 5116000 5397000 5459000 5850000 6213000 6777000 6855000 6441000 6334000 09/30/2019 12/31/2019 09/30/2019 12/31/2019 03/31/2020 06/30/2020 09/30/2020 12/31/2020 03/31/2021 06/30/2021 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter USD USD USD USD USD USD USD USD Not Not Not Not Not Not Qualified Qualified Qualified Qualified Qualified Qualified Qualified Qualified Qualified Qualified Qualified Qualified Qualified Qualified Qualified Qualified Not Not Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes 1802000 09/30/2016 12/31/2016 03/31/2017 06/30/2017 09/30/2017 12/31/2017 03/31/2018 06/30/2018 09/30/2018 12/31/2018 03/31/2019 06/30/2019 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter USD USD USD USD USD USD USD USD USD USD USD USD Not Not Not Not Not Not Not Not Not Not Not Not Qualified Qualified Qualified Qualified Yes Yes Yes Yes Yes Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands 1443000 1406000 1477000 1647000 1500000 1416000 1517000 1691000 1563000 1473000 1551000 1627000 1506000 1449000 1783000 1983000 1916000 1842000 1781000 827000 807000 868000 947000 885000 830000 878000 893000 843000 810000 951000 1054000 996000 1005000 1007000 673000 609000 649000 744000 678000 643000 673000 734000 663000 639000 832000 929000 920000 837000 774000 337000 358000 374000 351000 356000 377000 384000 348000 350000 453000 493000 417000 456000 437000 32000 37000 32000 32000 34000 38000 30000 34000 39000 42000 32000 40000 32000 -3000 16000 3000 7000 -2000 -1000 2000 -5000 19000 -1000 -80000 15000 -10000 -20000 -18000 -24000 -24000 -24000 -22000 -25000 -25000 -24000 -23000 -25000 -24000 -25000 242000 306000 268000 224000 240000 292000 258000 235000 297000 395000 526000 332000 -59000 61000 89000 58000 42000 53000 51000 50000 56000 85000 109000 71000 0 181000 217000 210000 182000 187000 241000 185000 241000 310000 415000 259000 -61000 1.39 1.65 1.42 1.46 1.89 1.48 1.92 2.45 3.28 2.06 -0.49 1.62 1.4 1.44 1.87 1.46 1.89 2.42 3.22 2.03 803000 640000 328000 777000 629000 827000 650000 895000 752000 362000 325000 32000 394000 37000 31000 35000 338000 32000 3000 31000 -6000 -5000 -16000 15000 23000 -22000 1134000 668000 484000 45000 -13000 -25000 101000 1000 97000 0.79 -22000 -18000 -21000 -22000 264000 -20000 227000 227000 247000 295000 279000 85000 77000 75000 172000 93000 201000 87000 192000 -6000 233000 179000 149000 1.39 1.16 55000 203000 1.61 1.59 1.34 1.55 1.49 1.81 1.68 1.36 1.14 1.31 1.52 1.46 1.77 1.37 1.66 -0.49 0.78