CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands |
3 Months Ended |
Apr. 30, 2018 |
Apr. 30, 2017 |
| Revenue |
|
|
| Equipment |
$ 156,904
|
$ 167,915
|
| Parts |
51,535
|
56,583
|
| Service |
27,356
|
28,766
|
| Rental and other |
9,883
|
10,854
|
| Total Revenue |
245,678
|
264,118
|
| Cost of Revenue |
|
|
| Equipment |
141,767
|
155,517
|
| Parts |
36,658
|
40,357
|
| Service |
11,201
|
10,794
|
| Rental and other |
8,494
|
8,531
|
| Total Cost of Revenue |
198,120
|
215,199
|
| Gross Profit |
47,558
|
48,919
|
| Operating Expenses |
46,727
|
51,987
|
| Restructuring Costs |
0
|
2,344
|
| Income (Loss) from Operations |
831
|
(5,412)
|
| Other Income (Expense) |
|
|
| Interest and Other Income |
385
|
778
|
| Floorplan interest expense |
(1,350)
|
(2,656)
|
| Other interest expense |
(2,031)
|
(2,120)
|
| Loss Before Income Taxes |
(2,165)
|
(9,410)
|
| Benefit from Income Taxes |
(551)
|
(3,478)
|
| Net Loss |
(1,614)
|
(5,932)
|
| Net Loss Allocated to Participating Securities - Note 1 |
26
|
114
|
| Net Loss Attributable to Titan Machinery Inc. Common Stockholders |
$ (1,588)
|
$ (5,818)
|
| Earnings (Loss) per Share - Note 1: |
|
|
| Earnings (Loss) per Share - Basic, in dollars per share |
$ (0.07)
|
$ (0.27)
|
| Earnings (Loss) per Share - Diluted, in dollars per share |
$ (0.07)
|
$ (0.27)
|
| Weighted Average Common Shares: |
21,734
|
21,373
|
| Basic |
21,734
|
21,373
|