Company profile

Ticker
MLI
Exchange
CEO
Gregory L. Christopher
Employees
Incorporated in
Location
Fiscal year end
SEC CIK
IRS number
250790410

MLI stock data

(
)

Calendar

24 Jul 19
19 Oct 19
28 Dec 19

News

Company financial data Financial data

Quarter (USD) Jun 19 Mar 19 Dec 18 Sep 18
Revenue 666.39M 611.78M 559.09M 645.96M
Net income 27.99M 15.72M 26.86M 20.29M
Diluted EPS 0.5 0.28 0.47 0.35
Net profit margin 4.20% 2.57% 4.80% 3.14%
Operating income 51.52M 49.18M 39.96M 33.67M
Net change in cash -6.16M 24.98M -32.12M -176.71M
Cash on hand 91.44M 97.6M 72.62M 104.74M
Cost of revenue 563.95M 511.39M 473.95M 566.96M
Annual (USD) Dec 15 Dec 14
Revenue
Net income 87.86M 101.56M
Diluted EPS 1.54 1.79
Operating income 137.27M 154M
Net change in cash -77.29M
Cash on hand 274.84M 352.13M
Cost of revenue 1.81B 2.04B

Financial data from company earnings reports

Financial report summary

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Management Discussion
  • Cost of goods sold for the second quarter of 2019 was consistent with the prior period primarily due to factors noted above regarding the change in net sales. Depreciation and amortization increased in the second quarter of 2019 primarily as a result of depreciation and amortization of the long-lived assets of businesses acquired. Selling, general, and administrative expense increased in the second quarter of 2019 primarily as a result of (i) incremental expenses associated with ATCO of $2.6 million, (ii) an increase in employment costs, including healthcare, of $1.5 million, and (iii) a reduction of $1.7 million in fees received for services provided under certain third-party sales and distribution arrangements. These increases were offset by (i) a decrease in legal and professional fees of $1.5 million, (ii) income of $1.2 million recognized as a result of the reduction of a contingent consideration arrangement associated with a business acquired, (iii) higher foreign currency transaction gains of $0.6 million, and (iv) the absence of losses of $0.3 million recorded on the sale of assets in the prior year. In addition, during the second quarter of 2018 we recognized a gain of $0.4 million on the sale of a corporate aircraft.
Content analysis ?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. freshman Avg
Removed: impairment, provisional