Carbonite, inc. (CARB)
Income statement / Quarterly
Sep'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'10
Services

118,824

114,431

71,503

69,406

70,290

68,814

54,574

53,272

52,966

51,050

50,115

-

-

-

-

-

-

-

-

-

-

-

-

28,787

27,683

26,216

24,508

23,676

21,573

20,247

18,547

-

-

-

-

-

Product

6,772

7,079

9,712

7,560

7,392

8,920

9,452

8,420

8,671

7,984

6,984

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total revenue

125,596

121,510

81,215

76,966

77,682

77,734

64,026

61,692

61,637

59,034

57,099

53,488

51,948

53,435

48,115

35,065

34,553

33,972

33,026

-52,139

31,274

30,295

29,137

8,689

8,899

8,455

8,838

8,076

7,205

6,994

6,785

-19,966

15,926

14,399

12,843

10,322

Services

30,355

23,956

17,102

17,242

17,094

18,358

15,330

14,036

14,627

15,266

15,283

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Product

540

440

383

382

417

374

557

549

760

921

446

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Amortization of intangible assets

9,072

9,081

3,294

4,562

4,317

4,325

2,425

2,226

2,203

2,124

1,626

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total cost of revenue

39,967

33,477

20,779

22,186

21,828

23,057

18,312

16,811

17,590

18,311

17,355

14,859

15,459

15,864

14,755

9,196

9,774

9,800

10,014

-

9,585

9,721

9,260

-

-

-

-

-

-

-

-

-

6,109

5,646

4,665

4,261

Gross profit

85,629

88,033

60,436

54,780

55,854

54,677

45,714

44,881

44,047

40,723

39,744

38,629

36,489

37,571

33,360

25,869

24,779

24,172

23,012

21,913

21,689

20,574

19,877

20,098

18,784

17,761

15,670

15,600

14,368

13,253

11,762

10,562

9,817

8,753

8,178

6,061

Operating expenses:
Research and development

28,753

27,879

15,807

14,315

14,914

15,719

12,519

12,125

12,781

10,927

10,327

8,026

8,156

8,380

8,736

6,585

7,123

7,448

6,929

6,443

6,114

6,153

5,422

5,322

5,220

4,901

5,476

5,166

4,890

5,029

4,840

4,465

4,336

4,259

3,451

3,008

General and administrative

16,226

17,567

20,989

11,468

11,159

13,460

14,460

9,463

9,676

10,954

12,769

10,202

9,059

10,389

11,420

11,792

10,273

7,624

7,576

6,514

3,997

3,831

3,520

2,982

2,988

3,528

4,777

2,657

2,658

2,377

2,236

1,912

1,841

1,558

1,320

879

Sales and marketing

37,417

36,945

21,765

22,507

21,184

22,086

19,860

21,133

22,131

22,963

23,071

19,302

18,864

17,323

16,882

12,860

12,860

13,570

14,381

12,821

12,056

13,132

11,873

11,414

11,742

11,511

12,682

9,855

10,179

10,070

12,615

10,286

11,078

7,598

8,760

8,869

Amortization of intangible assets

10,134

9,765

4,300

3,922

3,924

3,652

939

558

553

532

450

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Restructuring Charges

0

702

0

10

357

41

862

1,047

0

0

0

66

29

32

773

120

224

6

119

750

3

5

4

39

11

126

146

171

0

0

1,174

-

-

-

-

-

Lease exit charge

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

Total operating expenses

92,530

92,858

62,861

52,222

51,538

54,958

48,640

44,326

45,141

45,376

46,617

38,790

36,108

36,124

37,811

31,357

30,480

28,648

29,005

26,528

22,170

23,121

20,819

19,757

19,961

20,066

23,081

17,849

17,727

17,476

20,865

16,663

17,255

13,415

13,531

12,756

(Loss) income from operations

-6,901

-4,825

-2,425

2,558

4,316

-281

-2,926

555

-1,094

-4,653

-6,873

-161

381

1,447

-4,451

-5,488

-5,701

-4,476

-5,993

-4,615

-481

-2,547

-942

341

-1,177

-2,305

-7,411

-2,249

-3,359

-4,223

-9,103

-6,101

-7,438

-4,662

-5,353

-6,695

Interest (expense) income, net

-

-

-

-

-

-

-

-

-

-

-

-

-15

-97

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest Expense

10,795

11,844

4,011

2,662

2,873

3,420

2,601

2,436

2,416

2,373

222

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest income

212

418

965

1,074

390

169

244

217

210

134

20

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other income (expense), net

587

175

212

179

-147

183

12

123

-66

915

280

70

170

100

-150

-60

139

59

-33

-181

-208

21

-30

2

0

-2

2

-

-1

2

-

-

-

-

-

-

Interest and other income (expense), net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-3

-

22

10

16

-

(Loss) income before income taxes

-16,897

-16,076

-5,259

1,149

1,686

-3,349

-5,271

-1,541

-3,366

-5,977

-6,795

-101

536

1,450

-4,601

-5,508

-5,562

-4,417

-6,026

-4,796

-689

-2,526

-972

343

-1,177

-2,307

-7,409

-2,209

-3,360

-4,221

-9,106

-6,108

-7,416

-4,652

-5,337

-

(Benefit) provision for income taxes

-2,941

-4,802

-7,262

430

1,100

2,338

-17,215

73

237

403

-14,390

586

429

290

95

-909

404

403

204

337

10

10

10

25

10

10

10

10

10

10

10

-

-

0

-

-

Interest and other income, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

37

Net Income (Loss) Attributable to Parent

-13,956

-11,274

2,003

719

586

-5,687

11,944

-1,614

-3,603

-6,380

7,595

-670

107

1,160

-4,696

-4,599

-5,966

-4,820

-6,230

-5,133

-699

-2,536

-982

318

-1,187

-2,317

-7,419

-2,219

-3,370

-4,231

-9,116

-6,131

-7,416

-4,652

-5,337

-6,658

Accretion of redeemable convertible preferred stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-23

-52

-53

-53

Net loss attributable to common stockholders

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-6,131

-7,439

-4,704

-5,390

-6,711

Basic and diluted net loss per share attributable to common stockholders (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.23

-0.19

-0.03

-0.09

-0.04

0.02

-0.05

-0.09

-0.29

-0.08

-0.13

-0.17

-0.36

0.65

-0.47

-0.93

-1.09

-1.52

Weighted-average number of common shares used in computing basic and diluted net loss per share (in shares)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

27,239

27,028

26,887

26,768

26,583

26,502

26,260

26,014

25,888

25,710

25,626

25,448

25,226

25,362

15,955

5,084

4,962

4,414

Earnings Per Share, Basic

-0.40

-0.33

0.06

0.00

0.02

-0.20

0.42

-0.05

-0.13

-0.23

0.27

-0.02

0.00

0.04

-0.17

-

-0.22

-0.18

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Earnings Per Share, Diluted

-0.40

-0.33

0.06

0.00

0.02

-0.20

0.40

-0.05

-0.13

-0.23

0.27

-0.02

0.00

0.04

-0.17

-

-0.22

-0.18

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Weighted Average Number of Shares Outstanding, Basic

34,640

34,459

34,164

34,297

32,877

28,628

28,341

27,972

27,795

27,525

27,821

27,185

26,973

26,901

27,055

-

27,173

27,218

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Weighted Average Number of Shares Outstanding, Diluted

34,640

34,459

35,294

39,566

36,454

28,628

30,044

27,289

27,795

27,525

28,504

26,514

27,532

27,012

27,055

-

27,173

27,218

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-