GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » LMI Aerospace Inc (NAS:LMIA) » Definitions » Selling, General, & Admin. Expense

LMI Aerospace (LMI Aerospace) Selling, General, & Admin. Expense : $43.5 Mil (TTM As of Mar. 2017)


View and export this data going back to 1998. Start your Free Trial

What is LMI Aerospace Selling, General, & Admin. Expense?

Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. LMI Aerospace's selling, general, & admin. expense for the three months ended in Mar. 2017 was $10.8 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Mar. 2017 was $43.5 Mil.


LMI Aerospace Selling, General, & Admin. Expense Historical Data

The historical data trend for LMI Aerospace's Selling, General, & Admin. Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

LMI Aerospace Selling, General, & Admin. Expense Chart

LMI Aerospace Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Selling, General, & Admin. Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 36.89 55.86 55.20 45.68 44.54

LMI Aerospace Quarterly Data
Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17
Selling, General, & Admin. Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 11.85 11.77 10.14 10.78 10.83

Competitive Comparison of LMI Aerospace's Selling, General, & Admin. Expense

For the Aerospace & Defense subindustry, LMI Aerospace's Selling, General, & Admin. Expense, along with its competitors' market caps and Selling, General, & Admin. Expense data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


LMI Aerospace's Selling, General, & Admin. Expense Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, LMI Aerospace's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where LMI Aerospace's Selling, General, & Admin. Expense falls into.



LMI Aerospace Selling, General, & Admin. Expense Calculation

Selling, General, & Admin. Expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. For instance, personnel cost, advertising, rent, communication costs are all part of SGA.

Selling, General, & Admin. Expense for the trailing twelve months (TTM) ended in Mar. 2017 adds up the quarterly data reported by the company within the most recent 12 months, which was $43.5 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


LMI Aerospace  (NAS:LMIA) Selling, General, & Admin. Expense Explanation

An efficient operation keeps SGA costs low and thus has higher profit margin. The percentage of SGA relative to total revenue is an indication of how efficiently the company operates. Compare this percentage among the companies in the same industry is a good way of finding more efficient operations. A comparison of the SGA cost relative to the revenue with the historical value can also be an indication of how efficient the company has become.

Warren Buffett likes companies with consistent SGA as the percentage of gross profit.

Companies with no durable competitive advantage show wild variation in SG&A as % of Gross Profit.

If SGA is less than 30% of Gross Profit, it is fantastic. If SGA is nearing 100%, it is is in highly competitive industry.


LMI Aerospace Selling, General, & Admin. Expense Related Terms

Thank you for viewing the detailed overview of LMI Aerospace's Selling, General, & Admin. Expense provided by GuruFocus.com. Please click on the following links to see related term pages.


LMI Aerospace (LMI Aerospace) Business Description

Industry
Traded in Other Exchanges
N/A
Address
LMI Aerospace Inc was founded in 1948. The Company is a supplier of structural assemblies, kits and components, and design engineering services to the aerospace and defense markets. The Company provides a array of manufacturing capabilities, as well as engineering and value-added services to the large commercial, corporate and regional, and military aircraft markets. It also provide prototyping, testing and design capabilities to customers in support of new product development and in-service aircraft. LMI Aerospace is a preferred supplier to aircraft original equipment manufacturers (OEMs) and Tier 1 aerospace suppliers. In addition to aerospace products, the Company produces components and assemblies for laser equipment used by semiconductor equipment manufacturers, electronic and electrical wire harnesses, cable assemblies, and mechanical sub-assemblies for the air and rail traffic control, medical equipment, telecommunications, and heavy equipment industries. The Company operates in two business segments consisting of: Aerostructures segment and Engineering Services segment. Its Aerostructures segment fabricates, machines, finishes, integrates, assembles and kits machined and formed close tolerance aluminum, specialty alloy and composite components and higher level assemblies for use by the aerospace and defense industries. The Company also offers its customers value-added services related to the design, production, assembly and distribution of aerospace components and deliver kits of products directly to customer points of use. Its Engineering Services segment provides a complete range of design, engineering and program management services, supporting aircraft product lifecycles from conceptual design, analysis and certification through production support, fleet support, and service life extensions via a complete turnkey engineering solution to OEMs and Tier 1 aerospace suppliers. Its competitors in the aerospace industry consist of a large, fragmented group of companies, including certain business units or affiliates of its customers. The Companys operations are subject to extensive and frequently changing federal, state and local laws and substantial regulation by government agencies.
Executives
Gregory L Summe director C/O GLEN CAPITAL PARTNERS LLC, 800 SOUTH STREET, SUITE 160, WALTHAM MA 02453
John S Eulich director 411 FOUNTAIN LAKES BLVD., ST. CHARLES MO 63301
Gerald E Daniels director
Daniel G. Korte director, officer: CEO & PRESIDENT C/O LMI AEROSPACE, INC., 411 FOUNTAIN LAKE BLVD., ST. CHARLES MO 63301
Lawrence J Resnick director
John M Roeder director 411 FOUNTAIN LAKES BLVD. ST. CHARLES MO 63301
Glen Capital Partners Focus Fund, L.p. 10 percent owner 75 ARLINGTON STREET, SUITE 500, BOSTON MA 02116
Glen Capital Partners Llc 10 percent owner 800 SOUTH STREET, SUITE 160, WALTHAM MA 02453
Glen Capital Partners Gp Llc 10 percent owner 800 SOUTH STREET, SUITE 160, WALTHAM MA 02453
Miller Paul L Jr director

LMI Aerospace (LMI Aerospace) Headlines

From GuruFocus

Stocks Reach 5-Year Lows

By alicet236 alicet236 04-11-2016

LMI Aerospace Inc. Reports Operating Results (10-Q)

By gurufocus 10qk 05-07-2010

LMI Aerospace Inc. Reports Operating Results (10-Q)

By gurufocus 10qk 11-06-2009

LMI Aerospace Inc. Reports Operating Results (10-Q)

By gurufocus 10qk 11-08-2010

Largest Insider Trades of the Week

By Tiziano Frateschi Tiziano Frateschi 06-30-2017

Guru Action in Four Aerospace Companies

By Sally Jones Sally Jones 11-22-2013

LMI Aerospace Inc. Reports Operating Results (10-Q)

By gurufocus 10qk 08-06-2010