MYERS INDUSTRIES INC
For the period ended Dec 31, 2023. Filed Mar 5, 2024.
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FY2023 · Filed Mar 5, 2024
MYE$28.25+4.8%Stored close · as of Nov 9, 2026
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Consolidated Statements of Operations
For the Years Ended December 31, 2023, 2022, and 2021
(Dollars in thousands, except per share data)
| For the Year Ended December 31, | |||
|---|---|---|---|
| 2023 | 2022 | 2021 | |
| Net sales | $813,067 | $899,547 | $761,435 |
| Cost of sales | 553,981 | 616,181 | 550,014 |
| Gross profit | 259,086 | 283,366 | 211,421 |
| Selling, general and administrative expenses | 186,876 | 199,489 | 163,502 |
| (Gain) loss on disposal of fixed assets | (195) | (667) | (1,382) |
| Other (income) expenses | — | 603 | — |
| Operating income | 72,405 | 83,941 | 49,301 |
| Interest expense, net | 6,349 | 5,731 | 4,208 |
| Income before income taxes | 66,056 | 78,210 | 45,093 |
| Income tax expense | 17,189 | 17,943 | 11,555 |
| Net income | $48,867 | $60,267 | $33,538 |
| Net income per common share: | |||
| Basic | $1.33 | $1.66 | $0.93 |
| Diluted | $1.32 | $1.64 | $0.92 |
| Dividends declared per share | $0.54 | $0.54 | $0.54 |
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