COGNEX CORP CGNX Income Statement

Cognex corp (CGNX)

Income statement / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jul'18	Apr'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	Sep'09	Jun'09
Revenue
Product
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	311,129	300,102	298,853	295,588	298,995	300,723	299,840	297,310	293,103	288,226	277,727	263,463	228,397	195,737	0	0	0
Service
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	29,229	29,544	28,609	28,691	27,158	25,439	25,389	24,604	29,689	29,474	28,391	27,228	18,552	17,187	0	0	0
Revenue
719,376	725,625	749,142	798,038	810,255	806,338	795,974	0	0	766,083	721,245	603,155	572,349	529,515	489,199	448,834	445,389	450,557	441,677	488,446	436,893	426,449	387,022	323,454	317,688	307,651	340,358	329,646	327,462	324,279	326,153	326,162	325,229	321,914	322,792	317,700	306,118	290,691	246,949	212,924	0	0	0
Cost of revenue
Product
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	68,884	66,615	66,340	65,432	66,528	66,370	65,189	64,732	64,393	64,225	63,685	61,497	53,951	50,332	0	0	0
Service
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	13,419	13,846	13,520	14,063	13,789	13,394	13,405	13,187	16,339	16,467	16,345	16,091	11,658	11,340	0	0	0
Cost of revenue
184,670	189,754	197,708	208,936	212,138	206,052	197,759	0	0	187,289	184,897	149,585	142,634	131,070	112,330	105,900	101,195	102,571	96,252	107,645	95,327	94,067	77,954	61,590	64,550	62,889	82,303	80,461	79,860	79,495	80,317	79,764	78,594	77,919	80,732	80,692	80,030	77,588	65,609	61,672	0	0	0
Gross margin
Product
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	242,245	233,487	232,513	230,156	232,467	234,353	234,651	232,578	228,710	224,001	214,042	201,966	174,446	145,405	0	0	0
Service
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	15,810	15,698	15,089	14,628	13,369	12,045	11,984	11,417	13,350	13,007	12,046	11,137	6,894	5,847	0	0	0
Gross margin
534,706	535,871	551,434	589,102	598,117	600,286	598,215	0	0	578,794	536,348	453,570	429,715	398,445	376,869	342,934	344,194	347,986	345,425	380,801	341,566	332,382	309,068	261,864	253,138	244,762	258,055	249,185	247,602	244,784	245,836	246,398	246,635	243,995	242,060	237,008	226,088	213,103	181,340	151,252	0	0	0
Research, development, and engineering expenses
125,131	119,427	115,217	116,802	115,611	116,445	114,644	0	0	99,205	91,665	84,190	80,484	78,269	76,355	74,729	73,360	69,791	65,538	66,093	60,315	55,831	51,481	46,133	45,496	44,315	46,278	44,096	42,509	41,549	41,013	41,619	41,825	40,946	39,536	36,889	34,459	33,080	30,896	30,639	0	0	0
Selling, general, and administrative expenses
276,169	273,842	265,975	267,306	265,813	262,699	256,901	0	0	220,728	203,078	184,096	174,293	166,110	160,819	154,553	155,079	156,674	153,468	161,435	153,732	148,699	138,376	128,480	126,242	123,509	129,731	124,619	121,446	119,828	120,373	119,743	119,082	117,694	115,780	113,502	109,774	104,235	96,498	93,045	0	0	0
Restructuring charges (Note 16)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	75	298	4,049	0	0	0
Operating income
133,406	142,602	170,242	204,994	216,693	221,142	226,670	0	0	258,861	241,605	185,284	174,938	154,066	139,695	113,652	115,755	121,521	126,419	153,273	127,519	127,852	119,211	87,251	81,400	76,938	82,046	80,470	83,647	83,407	84,450	85,036	85,728	85,355	86,744	86,630	81,829	75,713	53,648	23,519	0	0	0
Foreign currency gain (loss)
-3,264	-509	-1,759	-843	-1,178	-1,064	-1,735	0	0	-1,601	-96	-576	-62	101	165	732	363	1,122	1,001	1,835	1,800	1,031	267	-969	-819	-646	-106	-73	-179	-880	-1,501	-1,323	-1,083	-504	-337	-4	-222	-328	-70	-594	0	0	0
Investment income
20,013	19,689	19,221	18,044	16,380	14,715	13,653	0	0	9,542	9,033	8,605	7,914	7,039	5,657	4,451	3,961	3,674	3,440	3,375	3,219	3,156	2,865	3,026	2,999	2,604	2,977	2,863	3,890	4,470	4,279	4,373	3,269	2,902	2,691	2,158	1,769	1,421	1,368	1,556	0	0	0
Other income (expense)
102	1,212	1,118	533	431	-219	-92	0	0	-338	-276	543	934	871	1,836	1,439	1,162	645	-525	-300	-320	-283	-280	-648	-830	-440	-446	-411	-253	-367	-354	-379	-428	-636	-681	-654	-662	-703	-689	-685	0	0	0
Income before income tax expense
150,257	162,994	188,822	222,728	232,326	234,574	238,496	0	0	266,464	250,266	193,856	183,724	162,077	147,353	120,274	121,241	126,962	130,335	158,183	132,218	131,756	122,063	88,660	82,750	78,456	84,471	82,849	87,105	86,630	86,874	87,707	87,486	87,117	88,417	88,130	82,714	76,103	54,257	23,796	0	0	0
Income tax expense
-40,981	-40,871	19,866	15,021	17,172	15,307	92,394	0	0	89,752	13,432	5,840	9,189	18,128	16,925	17,699	18,164	19,298	19,546	25,535	20,411	20,915	19,148	12,699	12,644	11,273	15,097	16,397	17,706	18,532	15,921	16,522	16,971	17,248	17,883	17,488	16,242	14,722	8,139	2,242	0	0	0
Net income
-	-	-	-	-	-	-	-	0	-	-	-	0	-	0	0	-	107,664	136,491	133,344	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on sale of discontinued business, net of tax
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income (loss) from discontinued operations (Note 20)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income from discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	0	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Income (Loss) Attributable to Parent
191,238	203,865	203,974	218,485	0	-	0	0	-	-	0	0	-	143,694	130,065	180,502	181,457	187,074	194,959	141,247	123,481	121,485	115,297	85,624	76,496	73,573	69,374	66,452	69,399	68,098	70,953	71,185	70,515	69,869	70,534	70,642	66,472	61,381	46,118	21,554	0	0	0
Net Income per weighted-average common and common-equivalent share (1):
Net income from continuing operations (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.63	0.51	-	-0.40	0.30	0.50	0.22	-	0.55	0.26	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income (loss) from discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.00	-0.01	-	-	0.91	0.00	0.02	-	0.03	0.04	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income (in dollars per share)
-	-	-	-	-	-	-	-	0.21	-	-	-	0.26	-0.47	0.63	0.50	0.18	-0.87	1.21	0.50	0.24	0.31	0.58	0.30	0.21	0.24	0.24	0.19	0.18	-0.22	0.21	0.46	0.34	-0.39	0.43	0.46	0.33	0.48	0.46	0.38	0.22	0.11	-0.16
Net income per weighted-average common and common-equivalent share:
Basic (usd per share)
0.12	-	0.24	0.28	0.19	-	0.47	0.33	-	-	0.59	0.33	-	-	0.61	0.50	-	-0.39	0.29	0.49	0.22	-	0.53	0.25	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income (loss) from discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.00	-0.01	-	-	0.90	0.00	0.01	-	0.04	0.04	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Diluted (usd per share)
0.12	0.45	0.24	0.28	0.19	0.26	0.45	0.32	0.21	-0.16	0.57	0.32	0.25	-0.44	0.61	0.49	0.17	-0.85	1.19	0.49	0.23	0.29	0.57	0.29	0.21	0.23	0.23	0.19	0.18	-0.20	0.20	0.45	0.33	-0.37	0.42	0.45	0.32	0.47	0.45	0.38	0.22	0.11	-0.16
Weighted-average common and common-equivalent shares outstanding:
Basic (shares)
172,408	171,616	170,744	171,318	171,098	171,493	172,189	172,370	173,280	173,990	173,234	173,278	172,646	427,194	85,460	85,107	84,943	430,102	86,303	87,199	86,764	86,808	86,963	86,782	86,879	86,879	87,339	87,044	86,522	171,419	85,824	42,851	42,570	209,566	42,128	41,842	41,336	40,617	39,729	39,683	39,667	39,662	39,656
Diluted (shares)
175,602	175,572	174,449	175,448	175,607	175,589	177,245	177,149	179,641	181,268	179,354	179,228	178,354	435,883	87,346	86,806	86,541	438,218	87,776	89,185	88,749	88,893	89,167	88,965	89,259	89,271	89,359	88,714	88,260	174,671	87,258	43,601	43,590	214,024	42,976	42,810	42,286	41,795	39,917	39,793	39,683	39,666	39,656
Cash dividends per common share (usd per share)
0.05	0.05	0.05	0.05	0.05	0.05	0.04	0.04	0.04	0.04	0.04	0.04	0.03	-0.07	0.07	0.07	0.07	-0.03	0.07	0.07	0.00	-	0.00	0.00	-	-	-	-	-	0.50	0.05	0.11	0.10	-0.08	0.09	0.09	0.08	0.08	0.06	0.06	0.05	0.05	0.05