Audiocodes ltd (AUDC)
Income statement / Yearly
Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09
Revenues:
Products

107,482

102,279

101,990

118,561

111,750

103,651

-

-

-

Products

-

-

-

-

-

-

135,802

132,662

-

Services

49,257

43,292

37,769

33,018

25,482

23,839

20,025

17,378

-

Total revenues

156,739

145,571

139,759

151,579

137,232

127,490

155,827

150,040

125,894

Cost of revenues:
Products

47,445

46,935

47,227

54,349

51,996

48,371

59,917

62,155

-

Services

11,449

10,295

9,744

8,243

6,568

5,923

4,228

3,983

-

Total cost of revenues

58,894

57,230

56,971

62,592

58,564

54,294

64,145

66,138

56,194

Gross profit

97,845

88,341

82,788

88,987

78,668

73,196

91,682

83,902

69,700

Operating expenses:
Research and development, net

30,348

29,139

27,996

32,275

28,194

28,677

32,150

30,189

29,952

Selling and marketing

48,954

45,084

43,360

45,534

39,279

40,040

43,248

35,024

32,111

General and administrative

8,893

6,364

8,726

7,677

8,456

8,214

9,028

8,252

-

General and administrative

-

-

-

-

-

-

-

-

7,821

Total operating expenses

88,195

80,587

80,082

85,486

75,929

76,931

84,426

73,465

69,884

Operating income

9,650

7,754

2,706

3,501

2,739

-3,735

7,256

10,437

-184

Financial income (expenses), net

-10

-160

442

-196

96

453

423

-94

-2,744

Income before taxes on income

9,640

7,594

3,148

3,305

2,835

-3,282

-

-

-

Income before taxes on income

-

-

-

-

-

-

7,679

10,343

-2,928

Tax benefit (taxes on income)

5,610

-8,644

2,782

3,391

-1,404

541

238

-1,885

290

Equity in losses of an affiliated company

-

-

-

-

-21

-354

-

-

-

Equity in losses of affiliated company, net

-

-

-

-

-

-

277

213

76

Net income (loss)

-

-

-

-

-

-

-

12,015

-3,294

Net loss attributable to non-controlling interest

-

-

-

-

-

-

-

-111

472

Net income

4,030

16,238

366

-86

4,218

-4,177

7,164

12,126

-2,822

Earnings per share
Basic (in dollars per share)

0.13

0.46

0.01

0.00

0.11

-

0.17

-

-

Diluted (in dollars per share)

0.13

0.45

0.01

0.00

0.11

-

0.17

-

-

Earnings (loss) per share - basic and diluted

-

-

-

-

-

-0.11

-

0.30

-0.07

Weighted average number of shares used in computations of earnings per share:
Basic (in shares)

31,103

35,173

40,178

42,285

38,241

39,125

41,437

-

-

Diluted (in shares)

32,168

35,778

40,564

42,285

39,096

39,125

41,935

-

-