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    Air T Inc. (AIRT)

    -NasdaqCM
    24.10 Down 0.90(3.60%) May 27, 2:02PM EDT
    Income StatementGet Income Statement for:
    View: Annual Data | Quarterly DataAll numbers in thousands
    Period EndingDec 31, 2015Sep 30, 2015Jun 30, 2015Mar 31, 2015
    Total Revenue 46,619   44,654   22,359   24,885  
    Cost of Revenue36,311  35,288  19,427  22,336  
    Gross Profit 10,308   9,366   2,931   2,549  
    Operating Expenses
    Research Development216   -   -   -  
    Selling General and Administrative5,961  3,658  3,807  3,587  
    Non Recurring -   -   -   -  
    Others296  193  179  196  
    Total Operating Expenses -   -   -   -  
    Operating Income or Loss 3,890   5,505   (1,049) (1,420)
    Income from Continuing Operations
    Total Other Income/Expenses Net60  10  (15)(205)
    Earnings Before Interest And Taxes3,894  5,525  (1,069)(1,439)
    Interest Expense(51)30   -  (19)
    Income Before Tax3,945  5,495  (1,069)(1,419)
    Income Tax Expense1,499  1,701  (333)(564)
    Minority Interest525   -   -   -  
    Net Income From Continuing Ops2,971  3,794  (736)(856)
    Non-recurring Events
    Discontinued Operations -   -   -   -  
    Extraordinary Items -   -   -   -  
    Effect Of Accounting Changes -   -   -   -  
    Other Items -   -   -   -  
    Net Income 2,971   3,794   (736) (856)
    Preferred Stock And Other Adjustments -   -   -   -  
    Net Income Applicable To Common Shares 2,971   3,794   (736) (856)

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    Currency in USD.