AXCELIS TECHNOLOGIES INC ACLS Income Statement

Axcelis technologies inc (ACLS)

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	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Sep'10	Jun'10
Revenue:
Revenue
370,472	342,958	340,918	366,839	411,867	442,575	453,288	462,396	445,853	410,561	363,523	324,691	286,352	266,980	268,080	281,747	295,733	301,495	293,567	252,781	215,494	203,051	199,095	209,395	215,746	195,632	181,683	177,492	189,105	203,385	219,171	246,986	281,252	319,416	334,111	319,859	0	0	0
Cost of revenue:
Cost of revenue
218,277	198,806	197,515	214,104	241,881	262,939	280,499	289,769	283,164	260,314	223,049	199,864	175,456	167,382	173,456	182,048	193,991	199,789	195,038	168,287	143,690	132,887	126,448	134,916	139,014	127,697	134,547	132,965	138,527	145,214	138,857	154,144	177,060	204,679	220,527	213,302	0	0	0
Gross profit
152,195	144,152	143,403	152,735	169,986	179,636	172,789	172,627	162,689	150,247	140,474	124,827	110,896	99,598	94,624	99,699	101,742	101,706	98,529	84,494	71,804	70,164	72,647	74,479	76,732	67,935	47,136	44,527	50,578	58,171	80,314	92,842	104,192	114,737	113,584	106,557	0	0	0
Operating expenses:
Research and development
54,852	53,931	54,580	54,495	53,328	51,876	48,548	46,706	45,409	43,071	40,949	38,439	35,661	34,402	33,514	33,602	33,023	32,586	32,160	31,529	32,475	33,533	34,951	35,149	34,807	34,756	34,260	35,963	37,938	40,401	44,138	45,676	47,027	47,176	44,908	42,996	0	0	0
Sales and marketing
33,576	34,290	34,773	34,639	35,115	34,608	32,443	31,321	29,894	28,532	27,432	26,623	24,928	23,839	23,259	23,589	23,657	23,325	23,117	21,686	20,865	20,713	20,438	20,877	21,434	21,159	23,730	23,870	24,507	25,889	24,808	26,575	28,019	29,255	29,882	29,251	0	0	0
General and administrative
32,955	31,726	31,535	32,305	32,990	33,193	32,597	32,232	31,755	30,802	29,150	27,026	25,467	24,452	24,405	25,001	25,000	25,059	24,519	23,315	23,578	23,958	24,660	25,444	25,362	25,471	25,108	25,269	25,345	26,554	25,857	27,990	29,918	31,174	33,814	32,820	0	0	0
Gain on sale of dry strip assets and intellectual property
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,167	0	0	0	-	-	-	-	-	-	-	-	-	-
Restructuring charges
-	-	-	-	-	-	-	-	-	-	-	-	-	282	282	282	290	18	-9	2,279	2,431	2,621	2,648	472	733	2,334	2,891	3,357	3,089	4,169	0	0	0	-	-	-	-	-	-
Total operating expenses
121,383	119,947	120,888	121,439	121,433	119,677	113,588	110,259	107,058	102,405	97,531	92,088	86,056	82,975	81,460	82,474	81,970	80,988	79,787	78,809	79,349	80,825	82,697	81,942	81,537	82,553	76,918	79,388	82,607	89,109	98,415	103,275	107,845	107,605	108,604	105,067	0	0	0
Income from operations
30,812	24,205	22,515	31,296	48,553	59,959	59,201	62,368	55,631	47,842	42,943	32,739	24,840	16,623	13,164	17,225	19,772	20,718	18,742	5,685	-7,545	-10,661	-10,050	-7,463	-4,805	-14,618	-29,782	-34,861	-32,029	-30,938	-18,101	-10,433	-3,653	7,132	4,980	1,490	0	0	0
Other (expense) income:
Interest income
2,596	2,955	3,183	3,089	2,759	2,328	1,833	1,459	1,055	714	476	310	253	238	209	163	115	64	42	37	33	32	41	42	43	44	27	33	39	45	45	43	45	42	39	57	0	0	0
Interest expense
5,228	5,155	5,172	5,187	5,003	5,110	5,124	5,138	5,347	5,121	5,130	5,135	5,137	5,073	5,076	5,008	4,980	4,976	3,884	2,914	1,861	1,069	1,005	752	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-
Other, net
-1,530	-1,083	-2,014	-1,716	-2,543	-2,472	-1,314	-584	448	396	-412	-605	-859	-764	-402	-514	-227	-601	-302	1,217	806	1,531	946	-1,658	-1,610	-1,073	-1,232	-607	258	-1,495	-658	1,532	-177	297	-2,041	-3,262	0	0	0
Total other expense
-4,162	-3,283	-4,003	-3,814	-4,787	-5,254	-4,605	-4,263	-3,844	-4,011	-5,066	-5,430	-5,743	-5,599	-5,269	-5,359	-5,092	-5,513	-4,144	-1,660	-1,022	494	-38	-2,530	-2,275	-1,486	-1,449	-625	297	-1,450	-613	1,575	-132	339	-2,002	-3,205	0	0	0
Income before income taxes
26,650	20,922	18,512	27,482	43,766	54,705	54,596	58,105	51,787	43,831	37,877	27,309	19,097	11,024	7,895	11,866	14,680	15,205	14,598	4,025	-8,567	-10,167	-10,088	-9,993	-7,080	-16,104	-31,231	-35,486	-31,732	-32,388	-18,714	-8,858	-3,785	7,471	2,978	-1,715	0	0	0
Income tax provision
4,388	3,888	2,783	3,591	5,762	8,820	-74,506	-74,000	-79,581	-83,128	-1,367	-2,245	538	23	33	54	-78	527	582	814	1,005	1,099	729	870	902	1,040	1,343	1,056	1,262	1,646	2,616	2,603	2,978	2,394	2,061	3,048	0	0	0
Net income
22,193	17,034	15,785	23,919	38,032	45,885	129,102	132,105	131,368	126,959	39,244	29,554	18,559	11,001	7,862	11,812	14,758	14,678	14,016	3,211	-9,572	-11,266	-10,817	-10,863	-7,982	-17,144	-32,574	-36,542	-32,994	-34,034	-21,330	-11,461	-6,763	5,077	917	-4,763	0	0	0
Net income per share:
Basic (in dollars per share)
0.34	0.29	0.02	0.02	0.19	0.26	0.27	0.46	0.43	2.95	0.38	0.46	0.32	0.14	0.07	0.10	0.07	0.07	0.21	0.21	0.02	-0.30	-0.04	-0.06	0.00	-	-	-	-0.08	-	-	-	-	-	-	-	-	-0.06	-0.04
Diluted (in dollars per share)
0.33	0.28	0.02	0.02	0.18	0.25	0.26	0.43	0.41	2.74	0.35	0.42	0.29	0.13	0.07	0.10	0.06	0.07	0.20	0.20	0.02	-0.30	-0.04	-0.06	0.00	-	-	-	-0.08	-	-	-	-	-	-	-	-	-0.06	-0.04
Basic and Diluted (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.04	-0.04	-	-	-0.08	0.00	-0.09	-	0.01	0.04	0.02	-	-
Shares used in computing net income per share:
Basic weighted average common shares
32,872	32,480	32,344	32,729	32,683	32,471	32,365	32,214	32,094	31,829	31,274	30,589	29,772	29,424	29,221	29,097	29,038	-55,918	28,700	28,446	113,152	-222,114	111,701	111,212	110,649	-	-	-	108,227	-	-	-	-	106,486	106,417	106,097	105,936	104,628	104,170
Diluted weighted average common shares
34,057	33,864	33,323	33,901	34,224	33,970	33,973	33,942	34,123	34,797	33,524	33,168	32,255	31,530	31,037	30,701	30,520	-58,423	30,466	30,153	118,720	-227,263	111,701	111,212	115,798	-	-	-	108,227	-	-	-	-	108,498	108,192	108,911	110,791	104,628	104,170
Basic and diluted weighted average common shares (in shares)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	109,074	108,409	-	-	107,855	107,639	107,067	-	-	-	-	-	-
Product
Revenue
347,441	319,505	316,084	340,290	384,097	415,922	427,485	437,150	421,168	387,124	340,637	301,778	264,098	244,295	245,138	259,631	273,520	278,875	271,149	229,714	191,761	179,246	173,602	184,176	190,150	169,587	156,368	150,527	161,223	174,309	188,133	215,390	248,259	287,324	301,449	287,792	0	0	0
Cost of revenue
195,566	175,732	173,136	188,685	215,410	236,446	253,813	262,733	256,509	234,932	200,288	178,592	155,541	149,007	154,878	164,216	176,138	181,060	177,082	150,207	124,668	113,285	105,347	113,863	118,299	106,678	113,878	111,348	116,490	123,593	116,100	131,346	153,652	181,241	197,681	191,316	0	0	0
Services
Revenue
23,031	23,453	24,834	26,549	27,770	26,653	25,803	25,246	24,685	23,437	22,886	22,913	22,254	22,685	22,942	22,116	22,213	22,620	22,418	23,067	23,733	23,805	25,493	25,219	25,596	26,045	25,315	26,965	27,882	29,076	31,038	31,596	32,993	32,092	32,662	32,067	0	0	0
Cost of revenue
22,711	23,074	24,379	25,419	26,471	26,493	26,686	27,036	26,655	25,382	22,761	21,272	19,915	18,375	18,578	17,832	17,853	18,729	17,956	18,080	19,022	19,602	21,101	21,053	20,715	21,019	20,669	21,617	22,037	21,621	22,757	22,798	23,408	23,438	22,846	21,986	0	0	0