| Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | |
|---|---|---|---|---|---|---|
Net sales | ||||||
6,742 | 6,614 | 6,829 | 4,798 | 5,322 | 3,620 | |
Cost of sales | ||||||
4,823 | 4,948 | 5,121 | 3,379 | 3,740 | 2,598 | |
Gross margin | ||||||
1,918 | 1,666 | 1,707 | 1,418 | 1,582 | 1,022 | |
Operating expenses: | ||||||
Selling, general, and administrative expenses | ||||||
667 | 475 | 454 | 417 | 410 | 338 | |
Research and development expenses | ||||||
644 | 539 | 584 | 534 | 556 | 425 | |
Amortization of intangible assets | ||||||
383 | 375 | 397 | 227 | 236 | 193 | |
Impairment of goodwill and intangible assets | ||||||
3 | 55 | 2 | - | - | - | |
Integration, acquisition, restructuring and other costs, net | ||||||
41 | 98 | 158 | 29 | 37 | 83 | |
Total operating expenses | ||||||
1,739 | 1,543 | 1,596 | 1,207 | 1,241 | 1,040 | |
Operating income | ||||||
178 | 123 | 110 | 210 | 341 | -18 | |
Other expense (income): | ||||||
Interest expense | ||||||
95 | 87 | 79 | 70 | 62 | 67 | |
Loss on investments | ||||||
-0 | -11 | -21 | -6 | -10 | -2 | |
Loss (gain) on foreign currency | ||||||
-3 | -9 | 13 | -20 | -2 | 3 | |
Interest income | ||||||
8 | 7 | 4 | 2 | 2 | 2 | |
Other (income) expense, net | ||||||
-5 | -1 | -3 | -8 | -28 | -13 | |
Income before income taxes | ||||||
82 | 21 | 24 | 107 | 239 | -96 | |
Income tax (benefit) expense | ||||||
-24 | -44 | 15 | 22 | -87 | -47 | |
Consolidated net income | ||||||
107 | 66 | 8 | 84 | 327 | -48 | |
Net loss attributable to noncontrolling interest | ||||||
-6 | -25 | -9 | -7 | - | - | |
Net income attributable to ARRIS International plc. | ||||||
113 | 92 | 18 | 92 | 327 | -48 | |
Net income per ordinary share (1): | ||||||
Basic (in dollars per share) | ||||||
0.63 | 0.49 | 0.09 | 0.63 | 2.27 | -0.37 | |
Diluted (in dollars per share) | ||||||
0.62 | 0.49 | 0.09 | 0.62 | 2.21 | -0.37 | |
Weighted average ordinary shares: | ||||||
Basic (in shares) | ||||||
180 | 187 | 190 | 146 | 144 | 131 | |
Diluted (in shares) | ||||||
182 | 189 | 192 | 149 | 148 | 131 | |