LMI Aerospace (LMI Aerospace) Retained Earnings : $-20.9 Mil (As of Mar. 2017)

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What is LMI Aerospace Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. LMI Aerospace's retained earnings for the quarter that ended in Mar. 2017 was $-20.9 Mil.

LMI Aerospace's quarterly retained earnings declined from Sep. 2016 ($-10.6 Mil) to Dec. 2016 ($-14.4 Mil) and declined from Dec. 2016 ($-14.4 Mil) to Mar. 2017 ($-20.9 Mil).

LMI Aerospace's annual retained earnings declined from Dec. 2014 ($22.9 Mil) to Dec. 2015 ($20.7 Mil) and declined from Dec. 2015 ($20.7 Mil) to Dec. 2016 ($-14.4 Mil).

LMI Aerospace Retained Earnings Historical Data

The historical data trend for LMI Aerospace's Retained Earnings 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.

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LMI Aerospace Retained Earnings Chart

LMI Aerospace Annual Data

Trend

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Retained Earnings

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110.39

51.90

22.94

20.70

-14.41

LMI Aerospace Quarterly Data
	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17
Retained Earnings	Get a 7-Day Free Trial															18.94	-10.96	-10.65	-14.41	-20.87

LMI Aerospace Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.

LMI Aerospace (NAS:LMIA) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.

LMI Aerospace (LMI Aerospace) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » LMI Aerospace Inc (NAS:LMIA) » Definitions » Retained Earnings

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Address

Website

http://www.lmiaerospace.com

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