MILLER INDUSTRIES INC TN
For the period ended Dec 31, 2023. Filed Mar 6, 2024.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2023 · Filed Mar 6, 2024
MLR$48.10-1.1%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Income (Loss)
CONSOLIDATED STATEMENTS OF INCOME** **
| | | | | | | | | |
|---|---|---|---|---|---|---|---|---|
| | Years Ended December 31, | |||||||
| (in thousands, except share amounts) · 2023 · · 2022 · · 2021 | ||||||||
| Net sales | $1,153,354 | | $848,456 | | $717,476 | |||
| Costs of operations | 1,001,500 | | 766,037 | | 647,624 | |||
| Gross profit | 151,854 | | 82,419 | | 69,852 | |||
| | | | | | | | | |
| Operating expenses: | | | | | | | | |
| Selling, general and administrative expenses | 73,087 | | 52,827 | | 46,233 | |||
| | | | | | | | | |
| Non-operating expenses: | | | | | | | | |
| Interest expense, net | 5,974 | | 3,379 | | 1,355 | |||
| Other (income) expense, net | (991) | | 481 | | 498 | |||
| Total expense, net | 78,070 | | 56,687 | | 48,086 | |||
| | | | | | | | ||
| Income before income taxes | | 73,784 | | 25,732 | | 21,766 | ||
| | | | | | | | | |
| Income tax provision | 15,493 | | | 5,386 | | | 5,511 | |
| Net income | 58,291 | | 20,346 | | 16,255 | |||
| | | | | | | | | |
| Income per common share | | | | | | | | |
| Basic | $5.10 | | $1.78 | | $1.42 | |||
| Diluted | $5.07 | | $1.78 | | $1.42 | |||
| | | | | | | | | |
| Cash dividends declared per common share | $0.72 | | $0.72 | | $0.72 | |||
| | | | | | | | | |
| Weighted average shares outstanding: | | | | |||||
| Basic | 11,439 | | 11,417 | | 11,411 | |||
| Diluted | 11,507 | | 11,417 | | 11,411 | |||
| PART II | ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA |
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