XML 13 R2.htm IDEA: XBRL DOCUMENT v3.8.0.1
Consolidated Statements of Earnings - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Consolidated Statements of Earnings [Abstract]              
Net Sales $ 261,921 $ 200,134 $ 723,771 $ 596,826 $ 808,572 $ 811,799 $ 821,983
Cost of Sales 157,317 114,839 434,877 338,740 456,977 462,739 469,556
Gross Profit 104,604 85,295 288,894 258,086 351,595 349,060 352,427
Operating Expense:              
Research and Development Expense 7,907 8,418 24,239 24,712 34,738 32,415 29,432
Selling and Administrative Expense 85,651 60,623 247,067 187,315 248,210 252,270 250,898
Impairment of Long-Lived Assets         0 11,199 0
Loss on Sale of Business 0 0 0 (149) (149) 0 0
Total Operating Expense 93,558 69,041 271,306 212,176 283,097 295,884 280,330
Profit from Operations 11,046 16,254 17,588 45,910 68,498 53,176 72,097
Other Income (Expense):              
Interest Income 698 107 1,575 188 330 172 302
Interest Expense (6,093) (329) (18,720) (919) (1,279) (1,313) (1,722)
Net Foreign Currency Transaction Losses (842) (149) (2,375) 175 (392) (954) (690)
Other Expense, Net (482) (10) (700) (360) (666) (657) (449)
Total Other Expense, Net (6,719) (381) (20,220) (916) (2,007) (2,752) (2,559)
Profit Before Income Taxes 4,327 15,873 (2,632) 44,994 66,491 50,424 69,538
Income Tax Expense 731 4,396 385 13,750 19,877 18,336 18,887
Net Earnings (Loss) Attributable to Tennant Company $ 3,559 $ 11,477 $ (2,989) $ 31,244 $ 46,614 $ 32,088 $ 50,651
Net Earnings per Share:              
Basic $ 0.20 $ 0.66 $ (0.17) $ 1.78 $ 2.66 $ 1.78 $ 2.78
Diluted $ 0.20 $ 0.64 $ (0.17) $ 1.74 $ 2.59 $ 1.74 $ 2.70
Weighted Average Shares Outstanding:              
Basic 17,729,857 17,498,808 17,673,656 17,516,941 17,523,267 18,015,151 18,217,384
Diluted 18,171,444 17,973,206 17,673,656 17,955,499 17,976,183 18,493,447 18,740,858
Cash Dividends Declared per Common Share $ 0.21 $ 0.20 $ 0.63 $ 0.60 $ 0.81 $ 0.80 $ 0.78