APPLIED OPTOELECTRONICS, INC. AAOI Income Statement

Applied optoelectronics, inc. (AAOI)

Income statement / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Sep'12
Revenue, net
178,620	190,872	200,232	210,534	254,945	267,465	289,302	321,795	351,344	382,329	387,374	368,632	306,515	260,713	228,765	215,713	210,091	189,903	173,342	152,806	135,824	130,449	117,802	102,019	88,966	78,424	71,096	0	0	0
Cost of goods sold
138,432	144,671	154,830	159,571	180,657	179,692	179,912	190,570	200,700	216,049	221,010	218,479	192,342	173,759	158,431	150,487	145,436	129,450	116,248	101,619	90,180	86,203	79,140	69,182	61,870	55,396	50,070	0	0	0
Gross profit
40,188	46,201	45,402	50,963	74,288	87,773	109,390	131,225	150,644	166,280	166,364	150,153	114,173	86,954	70,334	65,226	64,655	60,453	57,094	51,187	45,644	44,246	38,662	32,837	27,096	23,028	21,026	0	0	0
Operating expenses
Research and development
42,772	43,399	44,144	47,858	49,352	49,903	49,231	44,241	39,669	35,365	31,903	31,075	30,816	31,780	30,532	27,556	24,443	20,852	19,113	17,921	17,229	15,970	14,149	12,165	10,054	8,512	8,207	0	0	0
Sales and marketing
10,400	10,059	9,364	9,216	9,262	9,141	9,311	9,492	9,273	8,702	8,355	7,398	6,850	6,627	6,517	6,505	6,502	6,381	6,339	6,379	6,269	6,043	5,649	5,061	4,617	4,191	3,750	0	0	0
General and administrative
41,688	41,490	40,864	41,467	40,481	39,497	39,019	38,008	36,896	35,262	33,631	30,496	27,616	25,527	23,355	21,873	20,501	19,771	19,631	19,126	18,544	17,095	15,339	13,317	11,812	10,632	9,235	0	0	0
Total operating expenses
94,860	94,948	94,372	98,541	99,095	98,541	97,561	91,741	85,838	79,329	73,889	68,969	65,282	63,934	60,404	55,934	51,446	47,004	45,083	43,426	42,042	39,108	35,137	30,543	26,483	23,335	21,192	0	0	0
Loss from operations
-54,672	-48,747	-48,970	-47,578	-24,807	-10,768	11,829	39,484	64,806	86,951	92,475	81,184	48,891	23,020	9,930	9,292	13,209	13,449	12,011	7,761	3,602	5,138	3,525	2,294	613	-307	-166	0	0	0
Other income (expense)
Interest income
1,000	925	0	0	0	-	-	-	-	-	-	-	-	247	298	340	355	328	325	338	364	369	374	294	203	104	0	0	0	-
Interest expense
5,864	5,405	0	0	0	-	-	-	-	-	-	-	-	1,717	1,555	1,444	1,294	1,018	825	529	289	326	1,089	1,357	1,593	1,125	663	0	0	0
Other income, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-547	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-
Other income (expense), net
2,251	1,840	0	0	0	-	-	-	-	-2,425	-1,902	-1,717	-2,923	-2,017	-2,420	-4,811	-2,939	-2,281	-2,302	390	63	-656	52	165	-113	-78	141	0	0	0
Unrealized foreign exchange loss
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-
Total other income (expense), net
-2,614	-2,641	-1,461	-1,159	957	990	0	0	0	-	-	-	-	-	-	-	-	-	0	0	0	-	1,332	1,300	695	1,099	-62	0	0	0
Loss before income taxes
-57,286	-51,388	-50,431	-48,737	-23,850	-9,778	11,847	38,383	62,207	84,526	90,573	79,467	45,968	21,003	8,050	4,752	10,321	11,168	9,369	7,917	3,697	4,482	3,247	1,984	-302	-1,406	-1,266	0	0	0
Income tax benefit
15,087	14,662	-11,243	-14,597	-9,110	-7,632	-291	3,138	5,925	10,575	8,113	-1,354	-6,385	-10,231	-11,638	100	183	375	553	224	174	199	187	110	25	0	0	0	0	0
Net income (loss)
-72,373	-66,050	-39,188	-34,140	-14,740	-2,146	12,138	35,245	56,282	73,951	82,460	80,821	52,353	31,234	19,688	4,652	10,138	10,793	8,816	7,693	3,523	4,283	3,060	1,874	-327	-1,406	-1,266	0	0	0
Net loss per share
Basic (in dollars per share)
-0.83	-1.76	-0.44	-0.57	-0.53	-0.43	-0.19	0.41	0.11	0.29	1.00	1.52	1.06	0.83	1.03	0.04	-0.08	0.16	0.17	0.41	-0.05	0.05	0.11	0.13	0.01	4.60	0.04	-1.04	-3.74	-1.43
Diluted (in dollars per share)
-0.83	-1.76	-0.44	-0.57	-0.53	-0.43	-0.19	0.40	0.11	0.28	0.95	1.43	1.00	0.84	0.97	0.03	-0.08	0.16	0.16	0.38	-0.05	0.05	0.10	0.12	0.01	4.60	0.04	-1.04	-3.74	-1.43
Weighted average shares used to compute net loss per share:
Basic (in shares)
20,208	20,108	20,024	19,933	19,863	-	-	-	-	-	-	-	-	17,634	17,151	17,090	16,930	16,857	15,868	14,936	14,844	14,846	14,805	14,785	12,792	30,327	8,995	270	265	266
Diluted (in shares)
20,208	20,108	20,024	19,933	19,863	-	-	-	-	-	-	-	-	18,106	18,360	17,454	16,930	18,721	16,693	15,871	14,844	15,724	15,594	15,641	13,787	30,168	9,154	270	265	266