ADVANCED ENERGY INDUSTRIES INC AEIS Income Statement

Advanced energy industries inc (AEIS)

Income statement / Quarterly

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
Sales, net:
Total sales, net
315,456	338,268	175,127	134,810	140,743	154,161	173,082	196,032	195,617	179,214	176,575	165,872	149,351	135,343	126,552	118,765	103,044	86,891	109,756	108,654	109,510	-63,047	143,147	146,285	140,948	-95,043	142,899	139,711	111,814	112,971	117,515	115,658	105,787	112,495	128,498	138,154	137,652	140,966	100,107
Cost of sales:
Total cost of sales
203,225	225,973	101,636	70,684	75,003	78,973	87,543	94,797	91,972	81,039	84,341	78,731	70,520	63,825	60,429	56,719	49,584	44,207	51,218	52,105	50,411	-97,957	95,204	93,739	88,287	-89,327	86,688	86,452	69,975	74,425	71,788	71,929	66,043	73,607	79,651	82,777	75,607	80,276	55,548
Gross profit
112,231	112,295	73,491	64,126	65,740	75,188	85,539	101,235	103,645	98,175	92,234	87,141	78,831	71,518	66,123	62,046	53,460	42,684	58,538	56,549	59,099	34,910	47,943	52,546	52,661	-5,716	56,211	53,259	41,839	38,546	45,727	43,729	39,744	38,888	48,847	55,377	62,045	60,690	44,559
Operating expenses:
Research and development
34,770	33,828	24,546	21,840	21,289	20,725	18,451	19,195	17,637	16,257	14,629	14,610	12,503	11,121	11,293	11,266	10,765	9,437	10,370	9,984	9,760	-8,037	15,074	15,736	14,142	-9,715	15,105	15,740	14,253	13,895	14,564	14,502	15,115	14,393	17,592	17,137	15,862	16,672	13,515
Selling, general and administrative
45,991	49,528	36,401	27,612	29,014	29,241	25,386	24,758	28,648	22,682	24,692	23,790	22,098	20,864	19,421	19,377	18,016	16,121	16,585	16,684	16,707	-4,233	20,223	22,828	19,731	-5,368	22,138	22,910	17,654	15,556	16,806	16,706	20,059	22,343	16,473	20,001	20,905	20,545	17,183
Amortization of intangible assets
5,006	5,319	3,002	1,874	1,973	1,816	1,437	1,264	1,257	1,174	1,240	974	962	987	1,048	1,074	1,058	1,070	1,098	1,102	1,098	-1,341	2,238	2,226	1,875	-3,964	626	1,975	2,213	1,557	1,416	1,351	1,372	1,021	989	921	921	1,177	767
Restructuring expense
656	1,418	152	1,795	1,673	3,836	403	-	0	-	0	-	-	-	-	-	-	-117	317	0	-2	-	1,183	244	-	-	19,884	24,206	-	2,039	3,003	-144	2,575	4,229	3,119	0	0	-	-
Total operating expenses
86,423	90,093	64,101	53,121	53,949	55,618	45,677	45,217	47,542	40,113	40,561	39,374	35,563	32,972	31,762	31,717	29,839	26,511	28,370	27,770	27,563	-13,531	38,718	41,034	35,748	-58,958	57,753	64,831	34,120	33,047	35,789	32,415	39,121	41,986	38,173	38,059	37,688	38,394	31,465
Operating income
25,808	22,202	9,390	11,005	11,791	19,570	39,862	56,018	56,103	58,062	51,673	47,767	43,268	38,546	34,361	30,329	23,621	16,173	30,168	28,779	31,536	48,441	9,225	11,512	16,913	53,242	-1,542	-11,572	7,719	5,499	9,938	11,314	623	-3,098	10,674	17,318	24,357	22,296	13,094
Other income (expense), net
-3,510	-4,843	1,361	15,545	743	881	401	-485	26	559	153	-83	-3,208	81	-55	836	357	-1,661	-722	301	868	603	-618	25	-96	446	164	-330	-203	-426	65	1,775	411	552	-259	92	663	1,224	220
Nonoperating Income (Expense)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-203	-	-	-	-	-	-	-	-	-	-
Income from continuing operations, before income taxes
22,298	17,359	10,751	26,550	12,534	20,451	40,263	55,533	56,129	58,621	51,826	47,684	40,060	38,627	34,306	31,165	23,978	14,512	29,446	29,080	32,404	49,044	8,607	11,537	16,817	54,086	-1,378	-11,902	7,516	5,680	10,003	13,089	1,034	-2,377	10,415	17,410	25,020	23,520	13,314
Provision (benefit) for income taxes
3,900	6,880	3,495	3,177	-2,853	1,229	5,106	9,133	9,759	87,628	-31,968	1,811	4,619	-1,809	5,268	3,911	3,758	3,022	6,133	6,056	6,749	17,212	-3,695	891	2,102	-7,893	-2,065	-2,120	690	806	4,268	4,288	268	218	3,244	3,898	6,254	5,964	1,857
Income from continuing operations
18,398	10,479	7,256	23,373	15,387	19,222	35,157	46,400	46,370	-29,007	83,794	45,873	35,441	40,436	29,038	27,254	20,220	11,490	23,313	23,024	25,655	-	-	-	-	-	-	-	6,826	4,874	5,735	8,801	766	-2,595	7,171	13,512	18,766	17,556	11,457
Loss from discontinued operations, net of income taxes
-320	-210	375	8,324	-9	188	-371	5	140	-583	70	179	2,094	3,845	1,323	3,277	2,061	24,775	-6,881	-255,483	-4,379	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income
18,078	10,269	7,631	31,697	15,378	19,410	34,786	46,405	46,510	-29,590	83,864	46,052	37,535	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income from continuing operations attributable to noncontrolling interest
15	5	10	11	8	4	7	44	31	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Discontinued Operation, Amount of Other Income (Loss) from Disposition of Discontinued Operation, Net of Tax
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-25	0	127	303	-175	-579	74	140	2,392	2,162
Net income attributable to Advanced Energy Industries, Inc.
18,063	10,264	7,621	31,686	15,370	19,406	34,779	46,361	46,479	-29,590	83,864	46,052	37,535	44,281	30,361	30,531	22,281	36,265	16,432	-232,459	21,276	9,319	12,302	10,646	14,715	34,355	687	-9,782	6,826	4,849	5,735	8,928	1,069	-2,770	6,592	13,586	18,906	19,948	13,619
Basic weighted-average common shares outstanding
38,358	38,339	38,313	38,274	38,198	38,386	38,970	39,349	39,619	39,643	39,786	39,849	39,738	39,713	39,681	39,672	39,814	40,271	41,027	40,946	40,740	40,328	39,998	40,540	40,814	40,282	39,878	39,453	38,775	37,954	37,807	38,974	40,781	43,314	43,535	43,571	43,440	43,254	42,806
Diluted weighted-average common shares outstanding
38,570	38,603	38,489	38,462	38,426	38,615	39,195	39,603	39,995	40,103	40,172	40,250	40,179	40,088	39,967	39,969	40,100	40,607	41,319	41,253	41,129	40,649	40,470	41,147	41,870	42,343	40,577	40,150	39,598	38,583	38,330	39,583	41,292	43,677	43,819	44,187	44,133	43,849	43,327
Earnings per share:
Continuing operations: Basic earnings per share
0.48	0.27	0.19	0.61	0.40	0.50	0.90	1.18	1.17	-0.73	2.11	1.15	0.89	1.01	0.73	0.69	0.51	0.29	0.57	0.56	0.63	0.79	0.31	0.26	0.36	1.56	0.02	-0.25	0.18	0.12	0.15	0.23	0.02	-0.05	0.16	0.31	0.43	0.41	0.27
Continuing operations: Diluted earnings per share
0.48	0.27	0.19	0.61	0.40	0.50	0.90	1.17	1.16	-0.72	2.09	1.14	0.88	1.01	0.73	0.68	0.50	0.29	0.56	0.56	0.62	0.78	0.30	0.26	0.35	1.52	0.02	-0.24	0.17	0.12	0.15	0.22	0.02	-0.06	0.16	0.31	0.43	0.40	0.26
DISCONTINUED OPERATIONS
Discontinued operations: Basic earnings per share
-0.01	-0.01	0.01	0.22	-	0.00	-0.01	-	0.00	-0.01	0.00	0.00	0.05	0.10	0.03	0.08	0.05	0.58	-0.17	-6.24	-0.11	-	-	-	-	-	-	-	-	0.00	0.00	0.00	0.01	0.00	-0.01	0.00	0.00	0.06	0.05
Discontinued operations: Diluted earnings per share
-0.01	-0.01	0.01	0.22	-	0.00	-0.01	-	0.00	-0.01	0.00	0.00	0.05	0.10	0.03	0.08	0.05	0.58	-0.17	-6.24	-0.11	-	-	-	-	-	-	-	-	0.00	0.00	0.00	0.01	0.00	-0.01	0.00	0.00	0.05	0.05
Net income:
Basic earnings per share
0.47	0.27	0.20	0.83	0.40	0.51	0.89	1.18	1.17	-0.74	2.11	1.16	0.94	1.11	0.77	0.77	0.56	0.87	0.40	-5.68	0.52	-	-	-	-	-	-	-	-	0.12	0.15	0.23	0.03	-0.06	0.15	0.31	0.44	0.46	0.32
Diluted earnings per share
0.47	0.27	0.20	0.82	0.40	0.50	0.89	1.17	1.16	-0.73	2.09	1.14	0.93	1.10	0.76	0.76	0.56	0.87	0.40	-5.68	0.52	-	-	-	-	-	-	-	-	0.11	0.15	0.23	0.03	-0.06	0.15	0.31	0.43	0.45	0.31
Product [Member]
Total sales, net
289,361	311,618	148,138	106,193	112,112	125,039	144,843	169,235	171,209	154,172	152,363	143,288	128,827	115,885	107,650	100,752	86,293	71,564	94,238	91,424	93,608	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total cost of sales
191,066	212,526	87,536	56,113	60,801	64,819	73,019	80,953	79,806	68,833	72,146	66,491	60,117	54,710	49,835	47,334	40,815	35,049	43,770	43,778	42,292	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Service [Member]
Total sales, net
26,095	26,650	26,989	28,617	28,631	29,122	28,239	26,797	24,408	25,042	24,212	22,584	20,524	19,458	18,902	18,013	16,751	15,327	15,518	17,230	15,902	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total cost of sales
12,159	13,447	14,100	14,571	14,202	14,154	14,524	13,844	12,166	12,206	12,195	12,240	10,403	9,115	10,594	9,385	8,769	9,158	7,448	8,327	8,119	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-