Analog devices, inc. (ADI)
Income statement / Yearly
Nov'19Nov'18Oct'17Oct'16Oct'15Oct'14Oct'13Oct'12Oct'11Oct'10Oct'09Oct'08Oct'07
Revenue

5,991

6,224

5,246

3,421

3,435

2,864

2,633

2,701

2,993

2,761

2,014

2,582

2,464

Product revenue

-

-

-

-

-

-

-

-

-

-

-

-

2,429

Revenue from one-time IP license

-

-

-

-

-

-

-

-

-

-

-

-

35

Cost of sales

1,977

1,974

2,078

1,194

1,175

1,034

941

960

1,006

962

896

1,005

956

Gross margin

4,013

4,250

3,168

2,227

2,259

1,830

1,692

1,741

1,986

1,799

1,118

1,577

1,508

Operating expenses:
Research and development

1,130

1,165

968

653

637

559

513

511

505

492

446

533

509

Selling, marketing, general and administrative

648

695

690

461

478

454

396

396

406

390

333

415

389

Amortization of intangibles

429

428

297

70

88

26

0

0

-

-

-

-

-

Special charges

95

61

49

13

0

37

29

8

2

16

53

3

40

Other operating expense

-

-

-

-

223

0

0

-

-

-

-

-

-

Total operating expenses

2,303

2,350

2,005

1,199

1,428

1,077

939

916

914

899

833

952

939

Operating income

1,710

1,899

1,162

1,028

830

752

753

824

1,072

900

284

625

568

Nonoperating expense (income):
Interest expense

229

253

250

88

27

34

27

26

19

10

4

-

0

Interest income

10

9

30

21

8

12

12

14

9

9

15

41

77

Other, net

-6

-0

-7

-3

-2

-0

76

1

-0

2

1

0

15

Nonoperating expense (income)

-224

-244

-228

-71

-20

-23

62

-10

-10

1

12

41

92

Income before income taxes

1,485

1,655

934

956

810

729

815

813

1,061

901

297

666

661

Provision for income taxes

122

148

129

95

113

100

141

162

200

190

50

140

159

Deferred

-

-

-

-

-

-

-17

-9

1

-9

11

-11

-2

Payable currently

-

-

-

-

-

-

159

172

198

200

38

152

162

Minority interest

-

-

-

-

-

-

-

-

-

-

-

-

-0

Income from continuing operations, net of tax

-

-

-

-

-

629

673

651

860

711

247

525

502

Discontinued operations, net of tax:
Income from discontinued operations

-

-

-

-

-

-

-

-

-

-

0

12

-5

Gain on sale of discontinued operations

-

-

-

-

-

-

-

-

6

0

-

248

0

Total income from discontinued operations, net of tax

-

-

-

-

-

-

-

-

-

-

0

261

-5

Net income

1,363

1,506

805

861

696

629

673

651

867

712

247

786

496

Shares used to compute earnings per common share – basic (in shares)

369

370

346

308

312

313

307

298

299

297

291

292

323

Shares used to compute earnings per common share – diluted (in shares)

372

374

350

312

316

318

314

306

308

305

292

297

332

Basic earnings per common share (in dollars per share)

3.68

4.05

2.32

2.79

2.23

2.01

2.19

2.18

2.88

2.39

0.85

1.79

1.55

Basic earnings per common share (in dollars per share)

-

-

-

-

-

-

-

-

2.90

2.39

0.85

2.69

1.54

Diluted earnings per common share (in dollars per share)

3.65

4.00

2.29

2.76

2.20

1.98

2.14

2.13

2.79

2.33

0.85

1.77

1.51

Diluted earnings per common share (in dollars per share)

-

-

-

-

-

-

-

-

2.81

2.33

0.85

2.65

1.50

Dividends declared and paid per share (in dollars per share)

-

-

-

1.66

1.57

1.45

1.32

1.15

0.94

0.84

0.80

0.76

0.70

Cost of sales

-

-

-

-

-

-

-

-

-

-

-

7

10

Research and development

-

-

-

-

-

-

-

-

-

-

-

23

29

Selling, marketing, general and administrative

-

-

-

-

-

-

-

-

-

-

-

20

27

Cost of sales
Stock-based compensation expense

-

-

-

7

-

-

-

-

-

-

-

-

-

Research and development
Stock-based compensation expense

-

-

-

27

-

-

-

-

-

-

-

-

-

Selling, marketing, general and administrative
Stock-based compensation expense

-

-

-

28

-

-

-

-

-

-

-

-

-