Camtek ltd (CAMT)
Income statement / Yearly
Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09
Sales of products

-

-

-

71,371

67,864

66,929

88,404

70,235

39,196

Service fees

-

-

-

16,942

17,541

17,618

18,624

17,545

14,325

Revenues

93,485

79,228

69,387

88,313

85,405

84,547

107,028

87,780

53,521

Cost of revenues

-

41,807

36,508

35,870

38,692

35,908

48,039

38,464

25,069

Cost of services

-

-

-

11,424

12,311

11,574

11,549

10,897

10,970

Reorganization and impairment

-

4,931

1,041

0

-

-

-

-

-

Cost of revenues

47,966

46,738

37,549

47,294

51,003

47,482

59,588

49,361

36,039

Gross profit

45,519

32,490

31,838

41,019

34,402

37,065

47,440

38,419

17,482

Research and development costs

13,534

12,630

11,421

14,406

14,370

12,916

14,077

12,906

10,319

Selling, general and administrative expenses

22,022

21,900

19,255

21,417

22,362

21,138

24,341

20,662

17,667

Expenses from settlement

13,000

-

-

-

-

-

-

-

-

Reorganization and impairment

-

-4,059

138

60

-

-

-

-

-

Reorganization and impairment

-

-

-

-

-3,466

3,031

0

-

-

Patent litigation expense

-

0

-14,600

0

0

-

-

-

-

Impairment charge in respect of goodwill and other intangible assets

-

-

-

-

-

-

-

0

-

Total operating expenses

48,556

30,471

45,414

35,883

33,266

37,085

38,418

33,568

27,986

Operating income (loss)

-3,037

2,019

-13,576

5,136

1,136

-20

9,022

4,851

-10,504

Financial income (expenses), net

-150

-847

-1,312

-1,220

-1,738

233

-2,900

-1,478

-952

Income (loss) from continuing operations before taxes

-3,187

1,172

-14,888

3,916

-602

213

-

-

-

Income (loss) before income taxes

-

-

-

-

-

-

6,122

3,373

-11,456

Income tax benefit (expense)

-4,875

303

-2,072

579

-609

210

744

557

386

Net income (loss) from continuing operations

1,688

869

-12,816

-

-

-

-

-

-

Discontinued operations
Income from discontinued operations
Income before tax benefit (expense)

18,302

4,450

2,952

-

-

-

-

-

-

Income tax benefit (expense)

6,028

585

249

-

-

-

-

-

-

Income from discontinued operation

12,274

3,865

2,703

-

-

-

-

-

-

Net income (loss)

13,962

4,734

-10,113

3,337

7

3

5,378

2,816

-11,842

Net income (loss) per ordinary share:
Basic earnings (losses) from continuing operation

0.05

0.02

-0.38

-

-

-

-

-

-

Basic earnings from discontinued operation

0.35

0.11

0.08

-

-

-

-

-

-

Basic net earnings (losses)

0.40

0.13

-0.30

0.11

0.00

0.00

0.18

0.10

-0.40

Diluted earnings (losses) from continuing operation

0.05

0.02

-0.38

-

-

-

-

-

-

Diluted earnings from discontinued operations

0.34

0.11

0.08

-

-

-

-

-

-

Diluted net earnings (losses)

0.39

0.13

-0.30

0.11

0.00

0.00

0.18

0.09

-0.40

Weighted average number of ordinary shares outstanding (in thousands):
Basic

35,441

35,348

33,352

30,464

30,040

29,849

29,557

29,259

29,218

Diluted

35,964

35,376

33,352

30,545

30,094

30,013

30,009

30,360

29,218