Natus medical inc (BABY)
Income statement / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Sep'10Jun'10
Revenue

109,383

131,416

123,463

125,539

114,757

140,991

130,638

130,653

128,609

131,440

122,643

122,227

124,660

107,699

90,906

95,958

87,329

99,950

94,583

91,937

89,395

94,009

89,876

86,325

85,624

90,636

85,392

82,250

85,834

90,821

81,019

61,032

59,408

64,354

51,338

58,095

59,108

53,179

53,031

Cost of revenue

44,933

-

-

-

46,509

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cost of revenue

-

-

48,706

52,164

-

58,103

51,583

52,897

55,369

54,762

47,112

54,589

56,913

42,090

32,194

37,879

32,469

41,023

35,520

33,844

35,105

35,819

33,180

35,500

33,981

34,270

34,058

33,859

36,601

39,717

36,456

26,695

26,086

28,445

23,765

25,028

24,372

21,757

21,532

Intangibles amortization

1,668

1,678

1,736

1,746

1,756

2,690

1,930

2,717

1,587

2,590

1,290

1,500

1,000

510

612

604

601

788

683

683

682

711

1,054

156

1,046

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gross profit

62,782

80,566

73,021

71,629

66,492

80,198

77,125

75,039

71,653

74,088

74,241

66,138

66,747

65,099

58,100

57,475

54,259

-

58,380

57,410

-

57,479

55,642

50,669

50,597

53,454

51,334

48,391

49,233

51,104

44,563

34,337

33,322

35,909

27,573

33,067

34,736

31,422

31,499

Operating expenses:
Marketing and selling

30,730

32,296

30,848

32,236

33,729

34,207

33,200

33,401

35,872

31,060

32,537

30,354

32,215

23,255

19,746

21,237

20,596

22,330

22,495

22,108

20,742

22,915

20,123

22,061

20,630

18,757

20,337

21,848

22,196

22,592

21,805

16,245

16,643

18,230

14,688

15,754

14,376

12,817

13,553

Research and development

17,569

18,456

14,114

12,769

13,394

15,296

15,127

15,616

15,443

13,724

11,632

13,713

12,753

10,847

7,689

7,105

7,802

8,568

7,700

7,309

6,857

7,827

7,462

7,634

7,177

6,412

7,536

8,626

8,212

8,122

8,513

6,585

6,746

7,003

6,119

6,171

6,287

4,820

5,238

General and administrative

13,182

15,539

15,113

12,691

16,306

13,631

15,799

23,721

17,448

16,923

17,329

24,156

16,016

13,652

12,821

11,923

12,481

13,124

10,031

11,656

11,552

10,810

12,740

10,165

11,729

3,332

14,323

11,759

13,966

11,757

18,811

10,890

9,505

8,163

7,809

7,986

9,032

8,074

7,791

Intangibles amortization

3,661

3,844

3,751

3,763

3,786

9,151

4,477

4,151

4,806

7,330

3,882

3,885

4,074

2,243

2,409

2,197

2,134

2,282

2,036

2,174

955

1,651

-408

646

1,136

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Restructuring

871

3,593

1,106

2,668

37,372

23,049

11,432

1,938

812

0

321

307

286

221

197

1,083

35

1,786

42

161

156

634

2,848

218

538

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total operating expenses

66,013

73,728

64,932

64,127

104,587

95,334

80,035

78,827

74,381

69,037

65,701

72,415

65,344

50,218

42,862

43,545

43,048

48,090

42,304

43,408

40,262

43,837

42,765

40,724

41,210

38,949

42,196

42,233

44,374

42,471

49,129

33,720

32,894

53,396

28,616

29,911

29,695

25,711

26,582

Loss from operations

-3,231

6,838

8,089

7,502

-38,095

-15,136

-2,910

-3,788

-2,728

5,051

8,540

-6,277

1,403

14,881

15,238

13,930

11,211

-

16,076

14,002

-

13,642

12,877

9,945

9,387

14,505

9,138

6,158

4,859

8,633

-4,566

617

428

-17,487

-1,043

3,156

5,041

5,711

4,917

Other expense, net

-1,494

-670

-1,609

-1,200

-2,112

-2,753

-726

-2,398

-1,821

-2,300

150

-378

-1,039

55

-893

25

456

138

7

-380

-829

498

-1,447

795

312

-1,279

-580

-523

-334

-1,094

-218

297

180

-46

186

-69

-145

-176

240

Loss before provision for income tax benefit

-4,725

6,168

6,480

6,302

-40,207

-17,889

-3,636

-6,186

-4,549

2,751

8,690

-6,655

364

14,936

14,345

13,955

11,667

10,187

16,083

13,622

12,517

14,140

11,430

10,740

9,699

13,226

8,558

5,635

4,525

7,539

-4,784

914

608

-17,533

-857

3,087

4,896

5,535

5,157

Benefit from income taxes

-1,100

4,114

-2,000

2,100

-9,800

-6,225

1,900

-3,600

-1,400

9,845

17,203

-1,621

16

4,705

1,032

3,443

3,129

1,643

5,151

3,771

3,920

3,701

3,607

3,279

2,944

3,828

2,271

1,615

1,083

2,582

-3,037

590

319

-735

-1,011

726

1,792

1,898

1,793

Net loss

-3,597

2,078

8,461

4,188

-30,398

-11,634

-5,576

-2,577

-3,148

-7,094

-8,513

-5,034

348

10,231

13,313

10,512

8,538

8,544

10,932

9,851

8,597

10,439

7,823

7,461

6,755

9,398

6,287

4,020

3,442

4,957

-1,747

324

289

-16,798

154

2,361

3,104

3,637

3,364

Unrealized losses on available-for-sale investments

-

-

-

-

-

-

-

-

-

-

0

12

-57

-168

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Foreign currency translation adjustment

-

-

-

-

-

-

-

-

3,617

-

-5,166

-8,558

-3,647

-6,001

-424

2,085

-660

-12,830

642

-1,269

5,079

-21,166

5,979

1,078

2,891

7

-646

998

-2,331

767

-147

-2,371

411

-2,194

-2,672

228

1,371

-

-

Other Comprehensive Income (Loss), Net of Tax

-

-

-

-

-

-

-

-

-

-

5,166

8,570

3,590

-4,170

424

-2,085

660

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Comprehensive income (loss)

-

-

-

-

-

-

-

-

469

-

-3,347

3,536

3,938

6,061

13,737

8,427

9,198

4,618

10,290

11,120

3,518

9,169

1,844

6,383

3,864

10,109

6,933

3,022

1,111

5,430

-1,600

-2,047

700

-18,992

-2,518

2,589

4,475

-

-

Net loss per share:
Basic (dollars per share)

-0.11

0.06

0.25

0.12

-0.90

-0.34

-0.17

-0.08

-0.10

-0.22

-0.26

-0.15

0.01

0.32

0.41

0.32

0.26

0.25

0.34

0.31

0.27

0.32

0.25

0.24

0.22

0.30

0.21

0.14

0.12

0.17

-0.06

0.01

0.01

-0.59

0.01

0.08

0.11

0.12

0.12

Diluted (dollars per share)

-0.11

0.06

0.25

0.12

-0.90

-0.34

-0.17

-0.08

-0.10

-0.22

-0.26

-0.15

0.01

0.31

0.40

0.32

0.26

0.25

0.33

0.30

0.26

0.32

0.24

0.23

0.21

0.31

0.20

0.13

0.11

0.17

-0.06

0.01

0.01

-0.59

0.01

0.08

0.11

0.12

0.12

Weighted average shares used in the calculation of net loss per share:
Basic (in shares)

33,800

33,900

33,655

33,639

33,590

33,504

33,321

32,859

32,760

32,649

32,593

32,529

32,485

32,408

32,388

32,438

32,606

32,560

32,432

32,273

32,127

31,926

31,584

31,424

31,062

30,640

30,096

29,666

29,570

87,004

29,062

28

28

85,856

28

28

28,346

28,212

27,809

Diluted (in shares)

33,800

33,766

33,738

33,690

33,590

33,504

33,321

32,859

32,760

32,094

32,593

32,529

33,040

33,038

32,981

32,983

33,222

33,410

33,253

33,204

33,097

33,028

32,615

32,444

32,185

31,707

30,790

30,468

30,319

90,226

29,062

29

29

84,687

29

29

29,513

29,261

29,110