COLUMBUS MCKINNON CORP
For the period ended Mar 31, 2024. Filed May 29, 2024.
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FY2024 · Filed May 29, 2024
CMCO$19.67+11.6%Stored close · as of Nov 9, 2026
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Consolidated Statements of Operations
| Year Ended March 31, | |||
|---|---|---|---|
| 2024 | 2023 | 2022 | |
| (In thousands, except per share data) | |||
| Net sales | $1,013,540 | $936,240 | $906,555 |
| Cost of products sold | 638,702 | 594,141 | 590,825 |
| Gross profit | 374,838 | 342,099 | 315,730 |
| Selling expenses | 105,341 | 102,528 | 99,187 |
| General and administrative expenses | 106,760 | 94,794 | 102,128 |
| Research and development expenses | 26,193 | 20,935 | 15,351 |
| Amortization of intangibles | 29,396 | 26,001 | 25,283 |
| Income from operations | 107,148 | 97,841 | 73,781 |
| Interest and debt expense | 37,957 | 27,942 | 20,126 |
| Cost of debt refinancing | — | — | 14,803 |
| Investment (income) loss, net | (1,759) | (315) | (46) |
| Foreign currency exchange loss (gain), net | 1,826 | (2,189) | 1,574 |
| Other (income) expense, net | 7,597 | (2,072) | (1,122) |
| Income before income tax expense | 61,527 | 74,475 | 38,446 |
| Income tax expense | 14,902 | 26,046 | 8,786 |
| Net income | $46,625 | $48,429 | $29,660 |
| Average basic shares outstanding | 28,728 | 28,600 | 28,040 |
| Average diluted shares outstanding | 29,026 | 28,818 | 28,401 |
| Basic income per share | $1.62 | $1.69 | $1.06 |
| Diluted income per share | $1.61 | $1.68 | $1.04 |
| Dividends declared per common share | $0.28 | $0.28 | $0.25 |
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