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Note 16 - 12 Month Earnings Statement

3 Months Ended

Mar. 31, 2022

Notes to Financial Statements

12-Month Earnings Statement [Text Block]

NOTE 16 — 12-MONTH EARNINGS STATEMENT

Pursuant to Section 11 of the Securities Act of 1933, as amended and Rule 158 promulgated thereunder, the following is an unaudited earnings statement for the twelve months ended March 31, 2022.

		In thousands
Revenues		$	154,735
Cost of sales			147,494
Gross profit			7,241
Operating expenses			17,597
Operating loss			(10,356	)
Other income (expense), net			12,008
Net income before benefit for income taxes			1,652
Benefit for income taxes			(1	)
Net income		$	1,653
Net income per common share-basic		$	0.09
Net income per common share-diluted		$	0.08

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