| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net sales | |||||||||||||||
6,742 | 6,694 | 6,771 | 6,708 | 6,614 | 6,635 | 6,631 | 6,697 | 6,829 | 6,171 | 5,667 | 5,197 | 4,798 | 0 | 0 | 0 |
Cost of sales | |||||||||||||||
4,823 | 4,759 | 4,871 | 4,904 | 4,948 | 5,027 | 5,012 | 5,036 | 5,121 | 4,541 | 4,121 | 3,731 | 3,379 | 0 | 0 | 0 |
Gross margin | |||||||||||||||
1,918 | 1,934 | 1,900 | 1,804 | 1,666 | 1,607 | 1,619 | 1,660 | 1,707 | 1,630 | 1,546 | 1,466 | 1,418 | 0 | 0 | 0 |
Operating expenses: | |||||||||||||||
Selling, general, and administrative expenses | |||||||||||||||
667 | 639 | 591 | 531 | 475 | 448 | 447 | 438 | 454 | 446 | 435 | 436 | 417 | 0 | 0 | 0 |
Research and development expenses | |||||||||||||||
644 | 634 | 610 | 575 | 539 | 530 | 537 | 556 | 584 | 585 | 579 | 562 | 534 | 0 | 0 | 0 |
Amortization of intangible assets | |||||||||||||||
383 | 394 | 395 | 396 | 375 | 374 | 373 | 392 | 397 | 353 | 321 | 268 | 227 | 0 | 0 | 0 |
Impairment of goodwill | |||||||||||||||
- | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - |
Integration, acquisition, restructuring and other costs, net | |||||||||||||||
41 | 109 | 115 | 101 | 98 | 43 | 43 | 77 | 158 | 153 | 149 | 119 | 29 | 0 | 0 | 0 |
Total operating expenses | |||||||||||||||
1,739 | 1,835 | 1,770 | 1,664 | 1,543 | 1,399 | 1,404 | 1,467 | 1,596 | 1,539 | 1,486 | 1,387 | 1,207 | 0 | 0 | 0 |
Operating income | |||||||||||||||
178 | 98 | 129 | 140 | 123 | 208 | 215 | 193 | 110 | 91 | 60 | 78 | 210 | 0 | 0 | 0 |
Other expense (income): | |||||||||||||||
Interest expense | |||||||||||||||
95 | 93 | 90 | 89 | 87 | 84 | 84 | 79 | 79 | 73 | 67 | 77 | 70 | 0 | 0 | 0 |
Loss on investments | |||||||||||||||
-0 | -0 | -2 | -7 | -11 | -16 | -20 | -23 | -21 | -13 | -11 | -6 | -6 | 0 | 0 | 0 |
Loss (gain) on foreign currency | |||||||||||||||
-3 | -10 | 0 | -9 | -9 | 16 | 2 | 21 | 13 | -24 | -29 | -32 | -20 | 0 | 0 | 0 |
Interest income | |||||||||||||||
8 | 7 | 7 | 7 | 7 | 7 | 6 | 5 | 4 | 3 | 3 | 2 | 2 | 0 | 0 | 0 |
Other (income) expense, net | |||||||||||||||
-5 | 0 | -0 | -2 | -1 | 5 | 0 | -4 | -3 | -14 | -5 | -0 | -8 | 0 | 0 | 0 |
Income before income taxes | |||||||||||||||
82 | 1 | 43 | 38 | 21 | 136 | 118 | 112 | 24 | -31 | -50 | -36 | 107 | 0 | 0 | 0 |
Income tax (benefit) expense | |||||||||||||||
-24 | -54 | -53 | -51 | -44 | -23 | -0 | -60 | 15 | 18 | 21 | 103 | 22 | 0 | 0 | 0 |
Consolidated net income | |||||||||||||||
107 | 55 | 96 | 90 | 66 | 160 | 119 | 173 | 8 | -50 | -72 | -139 | 84 | 0 | 0 | 0 |
Net loss attributable to noncontrolling interest | |||||||||||||||
-6 | -26 | -26 | -27 | -25 | -7 | -8 | -8 | -9 | -9 | -8 | 0 | - | 0 | 0 | - |
Net income attributable to ARRIS International plc. | |||||||||||||||
113 | 81 | 122 | 117 | 92 | 167 | 127 | 181 | 18 | -40 | -62 | -129 | 92 | 0 | 0 | 0 |
Net income per ordinary share (1): | |||||||||||||||
Basic (in dollars per share) | |||||||||||||||
0.25 | 0.26 | 0.19 | -0.07 | 0.07 | 0.47 | 0.16 | -0.21 | 0.46 | 0.25 | 0.44 | -1.06 | 0.21 | 0.18 | 0.11 | 0.13 |
Diluted (in dollars per share) | |||||||||||||||
0.24 | 0.26 | 0.19 | -0.07 | 0.07 | 0.47 | 0.16 | -0.21 | 0.46 | 0.25 | 0.44 | -1.06 | 0.20 | 0.18 | 0.11 | 0.13 |
Weighted average ordinary shares: | |||||||||||||||
Basic (in shares) | |||||||||||||||
351 | 0 | 184 | 184 | 371 | 0 | 186 | 189 | 190 | 190 | 190 | 191 | 147 | 146 | 146 | 145 |
Diluted (in shares) | |||||||||||||||
357 | 0 | 185 | 184 | 379 | 0 | 189 | 189 | 194 | 191 | 191 | 191 | 149 | 149 | 149 | 148 |