SHYF SHYFT Group, Inc.
Spartan Motors Inc. was organized as a Michigan corporation on September 18, 1975, and is headquartered in Novi, Michigan. As used herein, the term “Company”, “we”, “us” or “our” refers to Spartan Motors Inc. and its subsidiaries unless designated or identified otherwise.
Company profile
Ticker
SHYF
Exchange
Website
CEO
Daryl M. Adams
Employees
Incorporated in
Location
Fiscal year end
Industry (SEC)
Toyota Motor • General Motors • Navistar International • PACCAR • Oshkosh • Nio • WABCO • Motors Liquidation • Federal Signal • Tesla ...
Former names
Spartan Motors Inc
SEC CIK
Corporate docs
IRS number
382078923
SHYF stock data
()
Calendar
7 May 20
9 Jul 20
31 Dec 20
News
Company financial data Financial data
| Quarter (USD) | Mar 20 | Dec 19 | Sep 19 | Jun 19 | |
|---|---|---|---|---|---|
| Revenue | 176.95M | 179.96M | 224.7M | 179.67M | |
| Net income | 7.88M | -27.67M | 10.42M | 3.29M | |
| Diluted EPS | 0.22 | -0.78 | 0.29 | 0.1 | |
| Net profit margin | 4.45% | -15.38% | 4.64% | 1.83% | |
| Operating income | 13.36M | 29M | 13.5M | 3.52M | |
| Net change in cash | 21.55M | 4.33M | -2.88M | -3.47M | |
| Cash on hand | 40.9M | 19.35M | 15.02M | 17.9M | |
| Cost of revenue |
| Annual (USD) | Dec 19 | Dec 18 | Dec 17 | Dec 16 | |
|---|---|---|---|---|---|
| Revenue | 756.54M | 570.53M | 707.1M | 590.78M | |
| Net income | -12.43M | 15.01M | 15.93M | 8.6M | |
| Diluted EPS | -0.36 | 0.43 | 0.46 | 0.25 | |
| Net profit margin | -1.64% | 2.63% | 2.25% | 1.46% | |
| Operating income | 47.61M | 22.52M | 19.35M | 8.63M | |
| Net change in cash | -8.09M | -6.08M | 1.48M | -660K | |
| Cash on hand | 19.35M | 27.44M | 33.52M | 32.04M | |
| Cost of revenue | 717.61M | 617.66M | 518.11M |
Financial data from SHYFT earnings reports
Recent insider trades
| Date | Owner | Security | Transaction | Code | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|
| 20 May 20 | Freeman Angela K. | Common Stock | Grant | Aquire A | No | 0 | 6,203 | 0 | 12,548 |
| 20 May 20 | Rooke Andrew M | Common Stock | Grant | Aquire A | No | 0 | 6,203 | 0 | 71,436 |
| 20 May 20 | Romeo Dominic A | Common Stock | Grant | Aquire A | No | 0 | 6,203 | 0 | 49,347 |
| 20 May 20 | Clevinger Thomas R | Common stock | Grant | Aquire A | No | 0 | 6,203 | 0 | 39,217 |
| 20 May 20 | Sharman James A. | Common Stock | Grant | Aquire A | No | 0 | 8,685 | 0 | 103,421 |
Institutional ownership Q1 2020
74.6% owned by funds/institutions
13F holders |
Current |
|---|---|
| Total holders | 152 |
| Opened positions | 30 |
| Closed positions | 32 |
| Increased positions | 43 |
| Reduced positions | 56 |
13F shares |
Current |
|---|---|
| Total value | 762.17M |
| Total shares | 25.92M |
| Total puts | 12.3K |
| Total calls | 14.2K |
| Total put/call ratio | 0.9 |
Largest owners |
Shares | Value |
|---|---|---|
| Dimensional Fund Advisors | 2.65M | $34.24M |
| BLK BlackRock | 2.38M | $30.71M |
| Vanguard | 1.6M | $20.66M |
| Alliancebernstein | 1.25M | $16.15M |
| Zuckerman Investment | 1.15M | $14.89M |
| Royce & Associates | 867.64K | $11.2M |
| STT State Street | 669.01K | $8.64M |
| WFC Wells Fargo & Company | 575.96K | $7.44M |
| Centaurus Financial | 574.31K | $7.41M |
| Summit Creek Advisors | 571.33K | $7.38M |
Content analysis
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| Readability |
H.S. freshman Good
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New words:
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Removed:
account, accumulated, acquire, adjust, adverse, aged, amortized, amounted, analyze, annually, anticipated, applied, approximate, ASC, assembled, assessing, assistance, assurance, assured, authoritative, avoided, book, branded, broadly, build, calculate, capitalization, cautioned, Codification, collectability, collected, combination, communicated, communication, comparable, comparative, comparing, complementing, consideration, consistently, Constrained, constraining, consumer, contingent, controlled, core, coverage, cumulative, custom, customization, defense, demonstrate, demonstration, designed, detailed, determination, disclaim, discounted, discounting, distribute, diversified, diversifying, diversity, dividend, domestic, doubtful, earliest, effectively, efficient, enforceable, engineer, environment, ER, ERP, essentially, estimating, evaluated, evenly, examination, examined, exceed, exceeded, exclude, exercise, expedient, expiration, expired, explanation, externally, file, filling, flexibility, forecast, formed, frequently, fulfillment, gained, governing, greater, greatest, handling, highly, honoring, iii, implementation, implemented, implicit, inception, inclusion, incremental, indefinitely, inherent, initial, installation, installed, integration, Intelligent, intercompany, internally, international, intersegment, introduced, inventory, involved, knowledge, leasing, lessee, limitation, list, longer, machinery, maneuverable, manufactured, maximize, meeting, metric, natural, noncancelable, noncontrolling, observable, obtaining, opening, optimal, option, ordered, ownership, package, participant, passed, pattern, payable, payment, perform, periodic, periodically, permitting, personal, phenomena, planning, platform, policy, potentially, practical, premier, prepaid, priced, principally, proceed, processed, projection, promised, promulgation, proxy, Pump, pumper, pursue, qualify, question, ramp, Reach, ready, realization, realize, realizing, recall, receivable, received, recently, Reclassification, recognize, recognizing, recoverability, reduce, reduced, reflected, reflecting, rental, require, reserve, residual, Restated, resulted, retained, retrofit, retrospective, return, review, roadside, ROU, royalty, satisfied, satisfying, SEC, selected, sensitivity, separate, setting, settlement, shipment, shipping, showroom, shut, significantly, single, southeastern, submit, supervision, supplement, supplied, sustained, Tanker, taxing, terminate, terminated, tested, tight, timely, Tower, traditional, training, treat, uncollectable, unconditional, underlying, unsecured, utilize, WACC, written
Financial reports
10-Q
2020 Q1
Quarterly report
7 May 20
10-K
2019 FY
Annual report
16 Mar 20
10-Q
2019 Q3
Quarterly report
12 Nov 19
10-Q
2019 Q2
Quarterly report
1 Aug 19
10-Q
2019 Q1
Quarterly report
2 May 19
10-K
2018 FY
Annual report
5 Mar 19
10-Q
2018 Q3
Quarterly report
31 Oct 18
10-Q
2018 Q2
Quarterly report
2 Aug 18
10-Q
2018 Q1
Quarterly report
3 May 18
10-K
2017 FY
Annual report
1 Mar 18
Current reports
8-K
Departure of Directors or Certain Officers
24 Jun 20
8-K
Regulation FD Disclosure
1 Jun 20
8-K
Departure of Directors or Certain Officers
21 May 20
8-K
Spartan Motors Posts Strong First Quarter Results
7 May 20
8-K
Departure of Directors or Certain Officers
3 Apr 20
8-K
Departure of Directors or Certain Officers
19 Mar 20
8-K
Spartan Motors Reports Fourth Quarter and Full-Year 2019 Results
12 Mar 20
8-K
Amendments to Articles of Incorporation or Bylaws
25 Feb 20
8-K
Spartan Motors Announces Business Transformation
6 Feb 20
8-K
Spartan Motors Appoints Jonathan C. Douyard as Chief Financial Officer
27 Jan 20
Registration and prospectus
S-8 POS
Registration of securities for employees (post-effective amendment)
3 Nov 16
S-8
Registration of securities for employees
12 Sep 16
S-8 POS
Registration of securities for employees (post-effective amendment)
17 Jun 13
S-8
Registration of securities for employees
13 Sep 12
S-8
Registration of securities for employees
30 Sep 11
REGDEX
Notice of sale of securities
14 Dec 07
S-8
Registration of securities for employees
24 Aug 07
8-A12B
Registration of securities on exchange
10 Jul 07
S-8
Registration of securities for employees
30 Jun 05
S-8
Registration of securities for employees
13 Jan 04
Proxies
DEF 14A
Definitive proxy
10 Apr 20
PRE 14A
Preliminary proxy
31 Mar 20
DEF 14A
Definitive proxy
19 Apr 19
DEF 14A
Definitive proxy
12 Apr 18
DEFA14A
Additional proxy soliciting materials
12 Apr 18
DEF 14A
Definitive proxy
13 Apr 17
DEFA14A
Additional proxy soliciting materials
13 Apr 17
PRE 14A
Preliminary proxy
3 Apr 17
DEF 14A
Definitive proxy
8 Apr 16
DEFA14A
Additional proxy soliciting materials
8 Apr 16
Other
SD
Conflict minerals disclosure
29 May 20
SD
Conflict minerals disclosure
31 May 19
SD
Conflict minerals disclosure
31 May 18
UPLOAD
Letter from SEC
15 Dec 17
CORRESP
Correspondence with SEC
7 Dec 17
UPLOAD
Letter from SEC
14 Nov 17
SD
Conflict minerals disclosure
30 May 17
SD
Conflict minerals disclosure
27 May 16
SD
Conflict minerals disclosure
28 May 15
SD
Conflict minerals disclosure
29 May 14
Ownership
4
SPARTAN MOTORS / James A. Sharman ownership change
20 May 20
4
SPARTAN MOTORS / DOMINIC A ROMEO ownership change
20 May 20
4
SPARTAN MOTORS / Thomas R Clevinger ownership change
20 May 20
4
SPARTAN MOTORS / PAUL ANTHONY MASCARENAS ownership change
20 May 20
4
SPARTAN MOTORS / RICHARD F DAUCH ownership change
20 May 20
4
SPARTAN MOTORS / Ronald Edward Harbour ownership change
20 May 20
4
SPARTAN MOTORS / Andrew M Rooke ownership change
20 May 20
4
SPARTAN MOTORS / Angela K. Freeman ownership change
20 May 20
4
SPARTAN MOTORS / Daryl M Adams ownership change
16 Apr 20
4
SPARTAN MOTORS / STEPHEN K GUILLAUME ownership change
16 Apr 20
Patents
GRANT
Utility
Throttle filter system and method
29 Oct 19
A method of filtering a targeted frequency from a pedal input signal is provided.
APP
Utility
Narrow Door Vehicle Sling Bag Track System
17 Oct 19
A cargo vehicle is provided that includes a cargo area with a rail assembly located in the cargo area.
APP
Utility
Ergonomic Scba Holder
17 Oct 19
Embodiments of a storage compartment for self-contained breathing apparatuses (SCBA) are provided.
GRANT
Utility
Ergonomic hose load platform
15 Oct 19
An ergonomic hose load platform for a fire fighting vehicle is provided.