CALIX, INC CALX Income Statement

Calix, inc (CALX)

Income statement / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'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
Systems
-	-	-	-	-	-	-	-	-	-	-	-	435,713	428,509	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Services
-	-	-	-	-	-	-	-	-	-	-	-	60,915	49,421	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Revenue:
Revenue from Contract with Customer, Including Assessed Tax
436,662	424,330	419,655	419,869	431,267	441,320	454,631	454,631	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total revenue
-	-	-	-	-	-	-	-	-	-	-	-	496,628	477,930	-	431,986	423,096	414,800	407,463	414,097	407,569	406,445	401,227	383,597	381,456	377,890	382,618	380,039	357,712	342,201	330,218	330,379	332,733	351,764	344,669	328,576	316,574	0	0	0
Cost of revenue:
Systems
-	-	-	-	-	-	-	-	-	-	-	-	245,454	238,656	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Services
-	-	-	-	-	-	-	-	-	-	-	-	67,744	49,161	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cost of revenue
241,456	236,405	234,818	232,401	237,601	243,938	264,240	264,240	0	0	-	0	-	-	-	-	-	-	-	210,412	211,916	214,739	215,085	208,849	204,381	202,652	203,191	203,629	195,204	188,977	185,103	185,286	188,581	199,861	195,698	188,377	181,230	0	0	0
Acquisition-related expenses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	19,966	15,064	0	0	0	-
Merger-related expenses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-
Amortization of intangible assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	8,352	8,353	8,353	8,353	8,353	8,353	8,353	8,353	8,353	8,352	8,352	7,539	7,493	8,211	9,311	9,552	8,870	7,424	0	0	0
Total cost of revenue
-	-	-	-	-	-	-	-	-	-	-	-	313,198	287,817	-	236,417	227,958	221,379	217,034	218,764	220,269	223,092	223,438	217,202	212,734	211,005	211,544	211,982	203,556	197,329	192,642	192,779	196,792	218,881	225,216	217,213	208,620	0	0	0
Gross profit
195,206	187,925	184,837	187,468	193,666	197,382	196,315	196,315	188,115	180,572	172,890	174,519	183,430	190,113	201,218	195,569	195,138	193,421	190,429	195,333	187,300	183,353	177,789	166,395	168,722	166,885	171,074	168,057	154,156	144,872	137,576	137,600	135,941	132,883	119,453	111,363	107,954	0	0	0
Operating expenses:
Research and development
82,525	81,184	82,135	82,356	83,757	89,963	96,898	96,898	108,420	119,269	127,541	130,335	125,821	117,904	106,869	98,754	92,755	90,573	89,714	88,092	85,902	82,595	80,311	78,420	78,267	78,758	79,299	77,127	73,515	69,953	66,748	66,989	67,541	69,652	67,725	64,639	61,008	0	0	0
Sales and marketing
83,838	82,553	84,478	85,077	85,870	86,432	84,625	84,625	82,351	80,253	82,781	84,131	86,258	87,042	83,675	80,015	77,864	77,866	78,563	79,119	79,412	78,652	76,283	73,145	71,040	69,664	68,075	66,741	65,222	63,040	62,129	61,600	59,100	58,375	55,551	49,239	46,830	0	0	0
General and administrative
38,997	37,115	38,071	38,986	40,192	40,500	39,661	39,661	39,383	38,713	39,875	38,813	37,225	39,165	41,592	42,666	43,191	40,986	38,454	37,542	36,027	34,272	31,371	30,209	31,062	31,065	31,945	30,725	29,020	27,465	26,114	25,234	23,936	24,474	27,002	28,794	30,742	0	0	0
Loss on asset retirement
-	-	0	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Restructuring Charges
-	-	-271	-428	-	5,705	7,957	7,957	8,726	8,890	4,249	2,268	1,656	699	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of intangible assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,701	4,253	6,805	9,357	10,208	10,208	10,208	10,208	10,208	10,208	10,208	10,208	10,208	10,208	10,208	10,208	10,208	10,208	10,451	0	-	0	0	-	-	-
Gain on sale of product line
-	-	0	0	-	6,704	6,704	6,704	6,704	6,704	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Litigation settlement gain
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of intangible assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Total operating expenses
207,834	203,326	206,887	205,991	210,184	215,896	222,437	222,437	232,176	240,421	254,446	255,547	246,460	240,310	229,337	221,188	220,615	218,782	216,939	214,961	211,549	205,727	198,173	191,982	190,577	189,695	189,527	186,202	179,366	172,067	166,600	164,032	162,190	169,839	171,774	163,937	156,074	0	0	0
Loss from operations
-12,628	-15,401	-22,050	-18,523	-16,518	-18,514	-26,122	-26,122	-44,061	-59,849	-81,556	-81,028	-63,030	-50,197	-28,119	-25,619	-25,477	-25,361	-26,510	-19,628	-24,249	-22,374	-20,384	-25,587	-21,855	-22,810	-18,453	-18,145	-25,210	-27,195	-29,024	-26,432	-26,249	-36,956	-52,321	-52,574	-48,120	0	0	0
Interest and other expense, net:
Interest expense, net
0	-	0	0	0	-	0	0	0	0	-	0	0	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,117	-	1,657	1,412	1,104	729	89	39	10	7	5	6	9	15	21	29	51	87	200	292	0	0	0
Interest expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	929	-	1,553	1,349	1,128	806	247	212	196	167	139	156	171	185	185	192	180	184	184	756	0	0	0
Other income (expense), net
233	-173	-59	-52	281	378	785	785	120	-487	-73	381	716	949	912	493	659	606	571	380	202	243	228	122	108	-5	-317	-251	-236	-260	-3	-42	-26	65	92	68	31	0	0	0
Total interest and other expense, net
0	-	0	0	0	-	0	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss before provision for income taxes
-13,535	-16,532	-22,732	-19,069	-16,754	-18,768	-26,065	-26,065	-44,587	-60,763	-81,789	-80,681	-62,208	-49,099	-27,055	-24,854	-24,592	-24,567	-25,798	-19,144	-23,984	-22,155	-20,233	-23,972	-20,269	-21,350	-17,279	-17,501	-24,567	-26,588	-28,168	-26,638	-26,438	-37,020	-52,326	-52,490	-48,553	0	0	0
Income Tax Expense (Benefit)
1,336	1,162	1,037	512	575	530	521	521	661	680	1,243	968	952	899	347	611	587	565	535	631	561	562	581	307	-382	-261	-14	-115	503	420	158	328	322	295	224	197	402	0	0	0
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
-14,871	-17,694	-23,769	-19,581	-17,329	-19,298	-26,586	-26,586	-45,248	-61,443	-83,032	-81,649	-63,160	-49,998	-27,402	-25,465	-25,179	-25,132	-26,333	-19,775	-24,545	-22,717	-20,814	-24,279	-19,887	-21,089	-17,265	-17,386	-25,070	-27,008	-28,326	-26,966	-26,760	-37,315	-52,550	-52,687	-48,955	0	0	0
Earnings Per Share [Abstract]
Net loss per common share:
Net loss attributable to common stockholders
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Basic and diluted (in dollars per share)
-0.12	0.01	-0.06	-0.09	-0.18	-0.11	-	0.02	-0.05	-0.23	-	-	-0.38	-0.67	-	-	-0.12	-0.22	-	-	-0.11	-0.23	-	-	-0.08	-0.20	-	-	-0.10	-0.13	-	-	-0.15	-0.16	-0.07	-0.15	-0.38	-0.55	-0.14	-0.09
Basic (in dollars per share)
-	-	-	-	-	-	0.02	-	-	-	-	-0.35	-	-	-	0.01	-	-	-	0.02	-	-	-	-0.08	-	-	-	0.01	-	-	-	-0.15	-	-	-	-	-	-	-	-
Diluted (in dollars per share)
-	-	-	-	-	-	0.02	-	-	-	-	-0.35	-	-	-	0.01	-	-	-	0.02	-	-	-	-0.08	-	-	-	0.01	-	-0.13	-	-0.15	-	-	-	-	-	-	-	-
Weighted-average number of shares used to compute net income (loss) per common share
Weighted-average number of shares used to compute net loss per common share:
Weighted Average Number of Shares Outstanding, Basic and Diluted
-	-	-	54,624	-	-	-	-	52,290	51,611	-	-	50,019	49,525	-	-	48,371	48,591	-	-	51,950	51,732	-	-	50,573	50,271	-	-	49,153	-	-	-	47,972	47,850	-	47,128	46,050	-	-	-
Basic and diluted
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	41,177	37,341	37,212
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
-14,871	-17,694	-23,769	-19,581	-17,329	-19,298	-26,586	-26,586	-45,248	-61,443	-83,032	-81,649	-63,160	-49,998	-27,402	-25,465	-25,179	-25,132	-26,333	-19,775	-24,545	-22,717	-20,814	-24,279	-19,887	-21,089	-17,265	-17,386	-25,070	-27,008	-28,326	-26,966	-26,760	-37,315	-52,550	-52,687	-48,955	0	0	0
Basic (in shares)
56,540	-	55,466	-	54,048	-	53,082	53,082	-	-	-	50,336	-	-	-	48,773	-	-	-	51,756	-	-	-	51,048	-	-	-	49,694	-	48,911	-	48,353	-	-	-	-	-	-	-	-
Diluted (in shares)
-	-	55,466	-	54,048	-	53,828	53,828	-	-	-	50,336	-	-	-	49,309	-	-	-	52,016	-	-	-	51,048	-	-	-	51,142	-	48,911	-	48,353	-	-	-	-	-	-	-	-
Other comprehensive income, net of tax:
Unrealized gain on available-for-sale marketable securities, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-
Unrealized gains on available-for-sale marketable securities, net
-	-	-	-	-	-	0	-	-	-	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	-	-	-	-	-	-	0	0	-	-	-
Other comprehensive income (loss), net of tax - foreign currency translation adjustments, net
-619	-101	-400	-313	-597	-584	-399	-399	60	699	481	-112	-315	-470	-549	-190	-299	-227	-239	-216	-27	-93	-52	-2	40	87	58	45	34	-31	34	78	75	0	-	0	0	-	-	-
Other Comprehensive Income (Loss), Net of Tax
-	-	-	-	-	-	-396	-	-	709	487	-118	-334	-451	-461	-195	-265	-237	-275	-170	-24	-112	-110	-40	15	87	58	45	34	-31	34	76	61	0	-	0	0	-	-	-
Comprehensive loss
-15,490	-17,795	-24,169	-19,894	-17,926	-19,882	-26,982	-26,982	-45,181	-60,734	-82,545	-81,767	-63,494	-50,449	-27,863	-25,660	-25,444	-25,369	-26,608	-19,945	-24,569	-22,829	-20,924	-24,319	-19,872	-21,002	-17,207	-17,341	-25,036	-27,039	-28,292	-28,610	-39,131	0	-	0	0	-	-	-
Share-based Payment Arrangement, Expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	17,075	18,233	19,104	19,921	0	0	0	-	-	-	-	-	-	-	-	-	-
Foreign currency translation adjustment, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-
Comprehensive loss
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-
Systems
Revenue from Contract with Customer, Including Assessed Tax
405,380	393,231	386,330	385,262	394,992	405,923	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cost of revenue
217,416	211,309	208,199	204,695	209,497	216,529	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Services
Revenue from Contract with Customer, Including Assessed Tax
31,282	31,099	33,325	34,607	36,275	35,397	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cost of revenue
24,040	25,096	26,619	27,706	28,104	27,409	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-