CABOT MICROELECTRONICS CORPORATION CCMP Income Statement

Cabot microelectronics corporation (CCMP)

Income statement / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'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	Dec'10	Sep'10	Jun'10	Mar'10	Dec'09	Jun'09
Revenue
284,193	283,143	278,645	271,882	265,391	221,778	-	-	-	-	136,784	127,957	119,184	123,254	122,684	108,152	99,244	100,369	100,137	97,168	104,858	111,934	116,337	108,358	99,456	100,515	116,266	109,968	100,364	106,533	110,621	115,678	99,236	102,122	109,731	111,846	109,660	114,205	110,318	101,655	98,556	97,672	86,443
Cost of sales
163,091	154,461	165,535	156,492	150,571	122,445	72,383	69,737	67,933	65,965	66,734	65,414	59,153	61,749	61,598	56,127	52,348	50,174	48,115	48,609	50,182	54,960	59,209	56,632	52,931	52,801	57,143	55,359	52,019	56,494	56,883	60,462	53,442	52,843	58,814	58,821	56,927	56,774	56,590	51,759	49,091	47,264	46,143
Gross profit
121,102	128,682	113,110	115,390	114,820	99,333	84,346	80,700	75,045	74,014	70,050	62,543	60,031	61,505	61,086	52,025	46,896	50,195	52,022	48,559	54,676	56,974	57,128	51,726	46,525	47,714	59,123	54,609	48,345	50,039	53,738	55,216	45,794	49,279	50,917	53,025	52,733	57,431	53,728	49,896	49,465	50,408	40,300
Operating expenses:
Research, development and technical
13,230	12,811	12,698	12,191	12,778	14,040	13,372	13,059	13,368	12,151	13,839	14,333	14,090	13,396	15,842	12,928	14,934	14,828	14,856	14,773	15,131	15,018	15,051	15,368	14,364	14,571	15,835	15,149	15,073	15,316	15,401	15,415	14,071	13,755	14,687	14,573	14,919	13,856	13,454	12,875	12,908	12,581	10,901
Selling, general and administrative
56,209	54,439	50,663	50,959	50,328	61,128	26,986	25,711	24,589	24,751	14,489	13,953	14,699	12,496	11,454	10,738	12,990	14,263	13,553	12,830	14,296	11,751	12,236	11,380	11,076	10,726	12,270	10,776	12,287	10,954	10,572	10,695	15,177	12,901	11,677	11,008	11,567	11,676	12,202	14,637	12,699	11,245	9,043
Asset impairment charges
-	-	67,372	0	-	-	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Selling and marketing
-	-	-	-	-	-	-	-	-	-	8,680	7,346	7,268	7,552	8,057	6,243	6,668	6,749	5,763	5,804	5,777	7,639	6,846	6,489	6,471	6,707	7,360	6,470	7,046	7,109	7,288	7,458	7,434	7,336	7,702	7,785	6,791	7,480	7,024	7,009	6,530	6,322	5,207
Purchased in-process research and development
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-90
Total operating expenses
69,439	67,250	130,733	63,150	63,106	75,168	40,358	38,770	37,957	36,902	37,008	35,632	36,057	33,444	35,353	29,909	34,592	35,840	34,172	33,407	35,204	34,408	34,133	33,237	31,911	32,004	35,465	32,395	34,406	33,379	33,261	33,568	36,682	33,992	34,066	33,366	33,277	33,012	32,680	34,521	32,137	30,148	25,061
Operating income
51,663	61,432	-17,623	52,240	51,714	24,165	43,988	41,930	37,088	37,112	33,042	26,911	23,974	28,061	25,733	22,116	12,304	14,355	17,850	15,152	19,472	22,566	22,995	18,489	14,614	15,710	23,658	22,214	13,939	16,660	20,477	21,648	9,112	15,287	16,851	19,659	19,456	24,419	21,048	15,375	17,328	20,260	15,239
Interest Expense
10,753	11,920	12,703	12,757	13,331	6,890	102	513	1,158	1,132	1,127	1,117	1,135	1,150	1,187	1,178	1,191	1,167	1,494	1,065	1,059	906	807	832	843	872	911	907	872	953	961	955	354	39	44	30	37	44	-	-	-	-	-
Interest income
143	315	342	417	568	1,019	1,161	1,141	1,156	951	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other income (expense), net
-1,010	-397	-1,158	-472	-1,014	-1,411	-24	486	-94	-279	798	-115	234	996	257	-246	452	190	116	-160	-332	1,057	-448	-132	103	617	-173	248	463	854	-681	-864	97	104	-829	-281	683	-891	-527	172	-440	61	-42
Income before income taxes
40,043	49,430	-31,142	39,428	37,937	16,883	45,023	43,044	36,992	36,652	32,713	25,679	23,073	27,907	24,803	20,692	11,565	13,378	16,472	13,927	18,081	22,717	21,740	17,525	13,874	15,455	22,574	21,555	13,530	16,561	18,835	19,829	8,855	15,352	15,978	19,348	20,102	23,484	20,521	15,547	16,888	20,321	15,197
Provision for income taxes
7,144	10,881	-10,899	20,550	10,800	3,440	-3,195	7,873	7,255	39,735	6,211	5,740	4,793	5,676	4,096	1,990	2,434	2,069	3,939	4,041	4,270	2,801	5,694	4,223	3,779	4,147	7,099	5,261	4,110	5,172	7,196	6,587	3,325	4,937	6,689	6,559	7,010	6,992	5,231	5,450	5,941	7,197	6,183
Net income
32,899	38,549	-20,243	18,878	27,137	13,443	48,218	35,171	29,737	-3,083	26,502	19,939	18,280	22,231	20,707	18,702	9,131	11,309	12,533	9,886	13,811	19,916	16,046	13,302	10,095	11,308	15,475	16,294	9,420	11,389	11,639	13,242	5,530	10,415	9,289	12,789	13,092	16,492	15,290	10,097	10,947	13,124	9,014
Basic earnings per share (in dollars per share)
1.12	1.32	-0.70	0.65	0.94	0.50	1.89	1.37	1.16	-0.12	1.05	0.79	0.73	0.90	0.85	0.78	0.38	0.46	0.51	0.40	0.57	0.83	0.67	0.55	0.42	0.47	0.66	0.70	0.40	0.49	0.51	0.57	0.24	0.46	0.41	0.55	0.57	0.73	0.67	0.44	0.47	0.57	0.39
Diluted earnings per share (in dollars per share)
1.11	1.30	-0.70	0.64	0.92	0.48	1.84	1.34	1.14	-0.12	1.03	0.77	0.71	0.88	0.83	0.76	0.37	0.46	0.50	0.39	0.55	0.80	0.65	0.53	0.40	0.45	0.64	0.68	0.39	0.48	0.49	0.55	0.23	0.45	0.40	0.54	0.55	0.71	0.66	0.43	0.47	0.56	0.39
Weighted average basic shares outstanding (in shares)
29,287	29,137	29,084	29,064	28,997	27,156	25,520	25,612	25,593	25,326	25,236	25,228	25,031	24,583	24,234	23,929	24,061	24,142	24,144	24,333	24,057	23,651	23,500	23,753	23,982	23,590	23,041	22,951	22,974	22,845	22,920	23,120	22,768	22,508	22,816	23,119	23,032	22,710	22,821	23,143	23,263	23,167	23,113
Weighted average diluted shares outstanding (in shares)
29,725	29,693	29,084	29,568	29,479	27,761	26,213	26,319	26,161	25,326	25,710	25,721	25,526	25,072	24,678	24,325	24,408	24,549	24,583	24,813	24,693	24,486	24,334	24,613	24,897	24,623	23,994	23,739	23,847	23,618	23,706	23,939	23,780	22,926	23,191	23,797	23,693	23,131	23,002	23,478	23,485	23,294	23,154
Dividends per share (in dollars per share)
-	-	-	-	-	-	-	-	-	-	0.20	0.20	0.20	0.18	0.18	0.18	0.18	0.00	0.00	0.00	0.00	0.00	-	-	-	-	-	-	-	-	0.00	0.00	15.00	0.00	0.00	0.00	0.00	0.00	-	-	-	-	-