Anika Therapeutics, Inc. ANIK Income Statement

Anika therapeutics, inc. (ANIK)

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
125,284	114,610	111,794	108,884	109,014	105,555	107,987	108,384	111,298	113,420	112,775	111,374	104,487	103,379	100,243	98,136	94,459	87,696	79,969	78,268	76,637	75,474	77,782	72,830	71,630	71,774	73,044	70,076	68,891	68,010	64,276	67,977	64,509	61,956	57,410	53,375	0	0	0
Operating expenses:
Cost of product revenue
35,636	28,747	27,099	29,430	30,746	31,280	32,995	30,963	29,126	27,364	26,187	24,935	24,685	24,027	22,777	22,955	22,165	21,053	20,275	20,824	20,881	20,930	21,653	21,306	22,284	22,765	23,799	25,643	27,416	28,988	28,847	29,021	27,592	26,783	25,763	24,260	0	0	0
Research & development
18,457	16,665	16,645	16,719	17,287	18,190	18,392	20,002	19,718	18,787	17,480	14,460	12,803	10,732	10,789	10,028	9,048	8,987	7,954	7,893	7,954	8,144	8,190	7,808	7,764	7,060	6,369	5,968	5,437	5,388	5,579	5,893	6,169	6,168	6,412	6,718	0	0	0
Selling, general & administrative
41,709	34,950	28,842	27,003	25,918	34,336	34,885	34,008	32,563	21,540	20,350	19,807	19,090	18,013	17,048	16,077	15,210	14,825	13,974	14,710	15,188	15,074	13,800	12,945	12,479	12,936	14,203	14,616	15,324	14,728	15,930	17,040	17,165	17,858	16,897	17,152	0	0	0
Goodwill impairment
0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change in fair value of contingent consideration
0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Restructuring credits
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	287	0	0	0	-	-	-	-	-	-	-	-	-	-
Total operating expenses
89,424	80,362	72,586	73,152	73,951	83,806	86,272	84,973	81,407	67,691	64,017	59,202	56,578	52,772	50,614	49,060	46,423	44,865	42,204	43,427	44,024	44,148	43,801	42,020	42,378	42,474	46,468	48,520	50,581	51,643	50,356	51,955	50,927	50,811	49,074	48,131	0	0	0
Income from operations
35,860	34,248	39,208	35,732	35,063	21,749	21,715	23,411	29,891	45,729	48,741	52,161	47,904	50,607	54,933	54,379	53,339	48,134	43,155	40,306	43,080	61,447	59,790	57,270	51,466	32,607	29,967	24,928	21,663	19,715	16,839	18,930	16,473	13,967	11,129	8,115	0	0	0
Interest and other income, net
1,654	1,873	2,064	2,104	1,861	1,458	1,045	784	510	473	384	216	249	263	252	193	168	120	123	99	81	58	-1	-44	-86	-127	-151	-163	-176	-187	-195	-196	-192	-182	-172	-185	0	0	0
Income before income taxes
37,514	36,121	41,272	37,836	36,924	23,207	22,760	24,195	30,401	46,202	49,125	52,377	48,153	50,870	55,185	54,572	53,507	48,254	43,279	40,406	43,161	61,505	59,788	57,225	51,379	32,480	29,816	24,764	21,487	19,527	16,644	18,733	16,281	13,785	10,956	7,930	0	0	0
Provision for income taxes
9,035	8,928	10,413	8,578	7,009	4,485	3,688	5,835	10,764	14,386	17,291	18,478	17,008	18,323	19,680	19,639	19,370	17,496	15,748	15,084	16,357	23,186	22,630	21,280	18,841	11,905	11,433	9,693	8,574	7,769	6,466	7,224	6,226	5,318	4,189	3,072	0	0	0
Net income
28,479	27,193	30,859	29,258	29,915	18,722	19,072	18,360	19,637	31,816	31,834	33,899	31,145	32,547	35,505	34,933	34,137	30,758	27,530	25,321	26,804	38,319	37,158	35,944	32,537	20,575	18,383	15,071	12,913	11,757	10,177	11,508	10,054	8,466	6,767	4,858	0	0	0
Net income (in dollars per share)
0.41	0.28	0.65	0.68	0.32	0.54	0.53	0.69	-0.46	0.55	0.47	0.78	0.38	0.56	0.61	0.59	0.46	0.74	0.56	0.52	0.24	0.52	0.42	0.63	1.04	0.43	0.36	0.44	0.23	0.34	0.12	0.28	0.15	0.21	0.23	0.18	0.03	0.09	0.08
Basic weighted average common shares outstanding (in shares)
14,202	14,313	14,070	13,916	14,185	14,200	14,237	14,652	14,679	14,557	14,579	14,588	14,576	14,549	14,625	14,679	14,875	14,903	14,967	14,961	14,905	14,804	14,758	14,687	14,461	15,748	13,682	13,510	13,406	13,330	13,287	13,262	13,162	14,024	12,817	12,725	12,688	12,633	12,645
Diluted net income per share:
Net income (in dollars per share)
0.40	0.27	0.64	0.67	0.31	0.52	0.53	0.68	-0.46	0.52	0.46	0.76	0.37	0.54	0.59	0.57	0.45	0.72	0.55	0.51	0.23	0.54	0.40	0.60	0.97	0.45	0.33	0.40	0.21	0.31	0.11	0.26	0.14	0.21	0.22	0.17	0.02	0.09	0.08
Diluted weighted average common shares outstanding (in shares)
14,353	14,707	14,387	14,088	14,314	14,785	14,377	14,915	14,679	15,070	15,115	15,044	15,043	14,969	15,077	15,111	15,307	15,302	15,316	15,336	15,330	14,648	15,434	15,492	15,499	15,408	14,958	14,578	14,357	14,385	14,459	14,443	14,089	13,741	13,765	13,739	13,744	13,622	13,642
Net income
28,479	27,193	30,859	29,258	29,915	18,722	19,072	18,360	19,637	31,816	31,834	33,899	31,145	32,547	35,505	34,933	34,137	30,758	27,530	25,321	26,804	38,319	37,158	35,944	32,537	20,575	18,383	15,071	12,913	11,757	10,177	11,508	10,054	8,466	6,767	4,858	0	0	0
Other comprehensive income:
Unrealized gain (loss) on securities, net of tax
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Foreign currency translation adjustment
-186	-372	-1,090	-581	-1,677	-742	-182	621	2,861	2,533	1,053	673	-1,152	-668	-33	-85	871	-2,154	-2,470	-4,408	-5,018	-2,796	-1,447	1,148	1,679	956	1,205	846	-1,093	412	-1,862	-1,824	0	-	0	0	-	-	-
Total other comprehensive income (loss)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	0	0	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Comprehensive income
28,293	26,821	29,769	28,677	28,238	17,980	18,890	18,981	22,498	34,349	32,887	34,572	29,993	31,879	35,473	34,851	35,008	28,604	25,058	20,910	21,785	35,523	35,710	37,093	34,216	21,531	19,589	15,918	11,819	12,170	8,603	7,800	8,541	7,947	10,618	7,465	0	0	0
Product [Member]
Revenue
125,192	114,512	111,695	108,861	108,990	105,531	107,465	107,862	105,660	107,783	107,178	105,789	104,030	102,932	105,547	103,439	99,762	92,999	85,359	83,734	87,104	105,595	103,591	99,290	93,844	75,081	76,436	73,448	72,244	71,358	67,196	70,885	67,401	64,778	60,203	56,247	0	0	0
Service [Member]
Revenue
-	98	99	23	24	24	522	522	5,638	5,637	5,563	5,563	447	447	5,304	5,303	5,303	5,303	5,390	5,465	10,467	30,121	25,808	26,459	22,213	3,307	3,391	3,372	3,353	3,348	2,919	2,908	2,892	2,822	2,793	2,872	0	0	0