Cognex corp (CGNX)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09Dec'08
Revenue
Product

-

-

-

-

-

-

-

295,588

297,310

263,463

158,379

223,243

Service

-

-

-

-

-

-

-

28,691

24,604

27,228

17,348

19,437

Revenue

725,625

806,338

766,083

529,515

450,557

426,449

307,651

324,279

321,914

290,691

175,727

242,680

Cost of revenue
Product

-

-

-

-

-

-

-

65,432

64,732

61,497

45,026

56,423

Service

-

-

-

-

-

-

-

14,063

13,187

16,091

11,361

12,004

Cost of revenue

189,754

206,052

187,289

131,070

102,571

94,067

62,889

79,495

77,919

77,588

56,387

68,427

Gross margin
Product

-

-

-

-

-

-

-

230,156

232,578

201,966

113,353

166,820

Service

-

-

-

-

-

-

-

14,628

11,417

11,137

5,987

7,433

Gross margin

535,871

600,286

578,794

398,445

347,986

332,382

244,762

244,784

243,995

213,103

119,340

174,253

Research, development, and engineering expenses

119,427

116,445

99,205

78,269

69,791

55,831

44,315

41,549

40,946

33,080

31,132

36,262

Selling, general, and administrative expenses

273,842

262,699

220,728

166,110

156,674

148,699

123,509

119,828

117,694

104,235

96,350

112,629

Restructuring charges (Note 16)

-

-

-

-

-

-

-

-

-

75

4,526

258

Operating income

142,602

221,142

258,861

154,066

121,521

127,852

76,938

83,407

85,355

75,713

-12,668

25,104

Foreign currency gain (loss)

-509

-1,064

-1,601

101

1,122

1,031

-646

-880

-504

-328

-1,265

2,497

Investment income

19,689

14,715

9,542

7,039

3,674

3,156

2,604

4,470

2,902

1,421

2,185

7,101

Other income (expense)

1,212

-219

-338

871

645

-283

-440

-367

-636

-703

1,372

666

Income before income tax expense

162,994

234,574

266,464

162,077

126,962

131,756

78,456

86,630

87,117

76,103

-10,376

35,368

Income tax expense

-40,871

15,307

89,752

18,128

19,298

20,915

11,273

18,532

17,248

14,722

-5,507

4,869

Net income

-

-

-

143,949

107,664

110,841

67,183

-

-

-

-

30,499

Net income (loss) from discontinued operations (Note 20)

-

-

-

-255

79,410

10,644

6,390

-

-

-

-

-3,224

Net Income (Loss) Attributable to Parent

203,865

219,267

176,712

143,694

187,074

121,485

73,573

68,098

69,869

61,381

-4,869

27,275

Net Income per weighted-average common and common-equivalent share (1):
Net income from continuing operations (in dollars per share)

-

-

-

0.84

0.62

1.28

0.77

-

-

-

-

0.74

Net income (loss) from discontinued operations (in dollars per share)

-

-

-

0.00

0.46

0.12

0.08

-

-

-

-

-0.08

Net income (in dollars per share)

1.19

1.27

1.02

0.84

1.08

1.40

0.85

0.79

0.83

1.54

-0.12

0.66

Net income per weighted-average common and common-equivalent share:
Basic (usd per share)

-

-

-

0.83

0.61

1.24

0.76

-

-

-

-

0.73

Net income (loss) from discontinued operations (in dollars per share)

-

-

-

0.00

0.45

0.12

0.07

-

-

-

-

-0.07

Diluted (usd per share)

1.16

1.24

0.98

0.83

1.06

1.36

0.83

0.78

0.82

1.52

-0.12

0.66

Weighted-average common and common-equivalent shares outstanding:
Basic (shares)

171,194

172,333

173,287

170,676

172,592

86,858

86,946

85,666

83,718

39,924

39,659

41,437

Diluted (shares)

175,269

177,406

179,551

174,144

175,982

89,071

88,901

87,280

85,524

40,297

39,659

41,554

Cash dividends per common share (usd per share)

0.20

0.18

0.16

0.14

0.11

0.00

0.00

0.77

0.18

0.25

0.30

0.47