Ciena Corp CIEN Income Statement

Ciena corp (CIEN)

Income statement / Quarterly

Jan'20	Oct'19	Jul'19	Apr'19	Jan'19	Oct'18	Jul'18	Apr'18	Jan'18	Oct'17	Jul'17	Apr'17	Jan'17	Oct'16	Jul'16	Apr'16	Jan'16	Oct'15	Jul'15	Apr'15	Jan'15	Oct'14	Jul'14	Apr'14	Jan'14	Oct'13	Jul'13	Apr'13	Jan'13	Oct'12	Jul'12	Apr'12	Jan'12	Oct'11	Jul'11	Apr'11	Jan'11	Oct'10	Jul'10	Apr'10	Jan'10	Jul'09
Revenue:
Revenues
832,912	967,987	960,606	865,011	778,527	899,356	818,817	729,978	646,135	744,449	728,719	707,022	621,497	716,191	670,550	640,717	573,115	691,973	602,932	621,602	529,162	590,963	603,562	560,061	533,703	583,385	538,356	507,712	453,093	465,531	474,090	477,617	416,685	455,455	435,313	417,894	433,308	417,614	389,675	253,471	175,876	164,758
Cost of goods sold:
Total cost of goods sold
462,377	548,291	536,254	490,334	455,186	501,281	467,274	436,671	374,370	418,764	400,643	388,782	347,712	397,643	362,065	357,624	321,665	388,985	333,063	349,191	298,867	370,126	339,589	322,370	307,852	351,739	310,135	298,199	257,298	273,325	292,769	294,676	248,929	265,545	250,416	252,061	264,802	249,224	245,666	148,529	95,716	90,093
Gross profit
370,535	419,696	424,352	374,677	323,341	398,075	351,543	293,307	271,765	325,685	328,076	318,240	273,785	318,548	308,485	283,093	251,450	302,988	269,869	272,411	230,295	220,837	263,973	237,691	225,851	231,646	228,221	209,513	195,795	192,206	181,321	182,941	167,756	189,910	184,897	165,833	168,506	168,390	144,009	104,942	80,160	74,665
Operating expenses:
Research and development
130,900	141,657	139,880	137,969	128,633	134,983	121,133	116,924	118,524	119,108	117,729	121,623	116,869	112,448	116,697	114,603	108,046	107,859	100,379	105,202	100,761	98,506	97,685	103,492	101,497	100,427	93,069	100,787	89,125	95,801	88,315	90,399	89,664	91,232	93,216	99,624	95,790	105,582	100,869	71,142	50,033	44,442
Selling and Marketing Expense
107,066	117,201	104,230	103,502	98,113	112,791	95,395	97,359	88,515	95,877	86,739	88,551	85,002	96,853	83,732	86,668	82,478	93,003	81,650	82,471	76,712	84,396	81,919	83,662	78,348	87,494	75,613	74,475	66,588	74,013	65,397	62,517	64,411	71,235	61,895	61,768	57,092	61,823	52,127	45,328	34,237	31,468
General and Administrative Expense
42,468	50,307	42,695	42,154	39,243	44,539	38,212	38,976	38,406	36,181	35,569	34,990	35,864	32,147	34,336	35,203	31,142	33,804	29,743	30,302	29,553	28,560	36,285	31,882	30,097	31,275	32,066	30,883	28,208	29,792	27,876	26,670	29,664	27,276	28,172	32,480	38,314	35,777	32,649	21,503	12,763	11,524
Amortization of intangible assets
5,853	5,222	5,529	5,529	5,528	4,654	3,837	3,623	3,623	3,661	3,837	10,980	14,551	14,551	14,529	15,566	16,862	36,454	11,019	11,019	11,019	11,019	11,019	11,493	12,439	12,439	12,440	12,439	12,453	12,545	12,714	12,967	13,471	13,534	13,673	13,674	28,784	37,572	38,727	17,121	5,981	6,224
Significant asset impairments and restructuring costs
4,472	12,842	5,355	4,068	2,273	1,460	6,359	4,359	5,961	15,059	2,203	4,276	2,395	2,876	1,138	535	384	366	192	-17	8,085	171	63	0	115	428	202	1,509	5,030	1,990	2,291	1,851	1,722	591	504	3,164	1,522	4,529	2,157	1,849	-21	3,941
Acquisition and integration costs
1,819	-735	1,362	1,135	1,608	3,778	1,333	0	0	-	0	-	-	0	1,029	2,285	1,299	22,084	2,435	1,020	0	-	0	0	-	-	-	-	-	-	-	-	-	2,340	4,822	10,741	24,185	18,094	17,033	39,221	27,031	-
Change in fair value of contingent consideration
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	3,289	-	-	-	-	-
Total operating expenses
292,578	326,494	299,051	294,357	275,398	302,205	266,269	261,241	255,029	269,886	246,077	260,420	254,681	258,875	251,461	254,860	240,211	293,570	225,418	229,997	226,130	222,652	226,971	230,529	222,496	232,063	213,390	220,093	201,404	214,141	196,593	194,404	198,932	206,208	202,282	221,451	242,398	249,570	243,562	196,164	130,024	97,599
Income from operations
77,957	93,202	125,301	80,320	47,943	95,870	85,274	32,066	16,736	55,799	81,999	57,820	19,104	59,673	57,024	28,233	11,239	9,418	44,451	42,414	4,165	-1,815	37,002	7,162	3,355	-417	14,831	-10,580	-5,609	-21,935	-15,272	-11,463	-31,176	-16,298	-17,385	-55,618	-73,892	-81,180	-99,553	-91,222	-49,864	-22,934
Interest And Other Income (Loss), Net
3,646	-1,183	1,050	-244	4,253	-13,357	-1,543	1,296	1,575	4,309	-848	-2,918	370	-1,113	-3,647	967	-8,776	-6,232	-5,491	-5,549	-8,233	-11,031	-6,328	-1,905	-5,998	276	-3,167	-2,716	-137	-3,468	-2,458	-4,387	-4,887	-1,312	-3,160	4,229	6,265	3,610	-2,668	3,748	-773	999
Interest expense
8,815	9,136	9,404	9,471	9,441	14,873	13,611	13,031	13,734	13,926	13,415	13,308	15,203	15,371	15,967	12,608	12,710	12,688	11,883	12,947	13,661	13,559	11,508	11,020	11,028	10,946	10,972	11,392	10,732	10,840	9,597	9,646	9,570	9,500	9,470	9,406	9,550	6,688	5,990	4,113	1,828	1,856
Loss on extinguishment and modification of debt
-646	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-28,630	0	0	0	0	-	-	-	-	-	-	-	-	-
Loss on cost method investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,193
Income before income taxes
72,142	82,883	116,947	70,605	42,755	53,753	70,120	20,331	4,577	42,525	67,736	41,594	4,271	42,963	37,410	16,592	-10,247	-9,502	27,077	23,918	-17,729	-26,405	19,166	-5,763	-13,671	-11,087	692	-24,688	-45,108	-36,243	-27,327	-25,496	-45,633	-19,861	-30,015	-60,795	-77,177	-79,310	-108,211	-91,587	-52,465	-25,984
Income Tax Expense (Benefit)
9,814	2,552	30,198	17,867	9,139	-10,224	19,280	6,475	477,940	-1,117,531	7,726	3,568	410	6,376	3,864	2,595	1,299	4,330	3,452	3,265	1,050	4,298	3,006	4,395	2,265	-1,290	1,923	2,391	2,216	2,528	2,490	2,284	2,020	2,468	1,435	1,891	1,879	1,007	1,644	-1,578	868	470
Net Income (Loss) Attributable to Parent
62,328	80,331	86,749	52,738	33,616	63,977	50,840	13,856	-473,363	1,160,056	60,010	38,026	3,861	36,587	33,546	13,997	-11,546	-13,832	23,625	20,653	-18,779	-30,703	16,160	-10,158	-15,936	-9,797	-1,231	-27,079	-47,324	-38,771	-29,817	-27,780	-47,653	-22,329	-31,450	-62,686	-79,056	-80,317	-109,855	-90,009	-53,333	-26,454
Basic net income (loss) per common share (in dollars per share)
0.40	0.51	0.56	0.34	0.22	0.44	0.35	0.10	-3.29	8.17	0.42	0.27	0.03	0.26	0.24	0.10	-0.08	-0.11	0.20	0.18	-0.17	-0.28	0.15	-0.10	-0.15	-0.08	-0.01	-0.27	-0.47	-0.38	-0.30	-0.28	-0.49	-0.21	-0.33	-0.66	-0.84	-0.85	-1.18	-0.97	-0.58	-0.29
Diluted net income (loss) per potential common share (in dollars per share)
0.40	0.52	0.55	0.33	0.21	0.37	0.34	0.09	-3.29	6.86	0.39	0.25	0.03	0.26	0.23	0.10	-0.08	-0.09	0.19	0.17	-0.17	-0.28	0.15	-0.10	-0.15	-0.08	-0.01	-0.27	-0.47	-0.38	-0.30	-0.28	-0.49	-0.21	-0.33	-0.66	-0.84	-0.85	-1.18	-0.97	-0.58	-0.29
Weighted average basic common shares outstanding (in shares)
154,334	154,908	155,488	156,170	156,314	143,655	143,400	143,975	143,922	143,099	142,464	141,743	140,682	139,742	138,881	137,950	136,675	133,923	118,413	113,555	107,773	106,944	106,236	105,451	104,501	103,570	102,713	101,913	101,204	100,787	99,530	98,981	98,066	97,247	96,313	95,360	94,496	94,571	92,906	92,614	92,321	91,364
Weighted average dilutive potential common shares outstanding (in shares)
155,738	156,530	157,455	158,289	158,174	123,059	159,998	147,973	143,922	200,107	172,112	165,273	142,184	157,903	169,349	138,889	136,675	111,381	133,233	128,017	107,773	92,371	120,809	105,451	104,501	103,570	102,713	101,913	101,204	100,787	99,530	98,981	98,066	97,247	96,313	95,360	94,496	94,571	92,906	92,614	92,321	91,364
Products
Revenues
687,215	820,007	810,588	710,688	642,532	743,867	691,758	604,226	525,609	616,216	610,742	584,630	506,993	582,455	553,450	523,978	457,589	574,281	493,919	511,880	422,315	476,175	495,889	460,821	432,941	476,409	437,442	413,217	353,057	363,174	373,418	384,726	333,673	368,049	350,030	336,026	352,427	341,387	312,378	206,420	149,054	139,903
Total cost of goods sold
389,013	469,945	454,921	411,050	380,442	421,583	399,886	372,568	313,120	352,992	341,197	327,295	286,811	324,663	299,381	291,778	260,482	323,090	273,837	286,898	236,548	305,171	275,003	257,632	245,216	283,780	247,768	239,441	196,521	211,443	225,238	234,372	197,752	210,686	198,217	202,665	214,401	200,255	201,559	118,221	76,669	72,842
Services
Revenues
145,697	147,980	150,018	154,323	135,995	155,489	127,059	125,752	120,526	128,233	117,977	122,392	114,504	133,736	117,100	116,739	115,526	117,692	109,013	109,722	106,847	114,788	107,673	99,240	100,762	106,976	100,914	94,495	100,036	102,357	100,672	92,891	83,012	87,406	85,283	81,868	80,881	76,227	77,297	47,051	26,822	24,855
Total cost of goods sold
73,364	78,346	81,333	79,284	74,744	79,698	67,388	64,103	61,250	65,772	59,446	61,487	60,901	72,980	62,684	65,846	61,183	65,895	59,226	62,293	62,319	64,955	64,586	64,738	62,636	67,959	62,367	58,758	60,777	61,882	67,531	60,304	51,177	54,859	52,199	49,396	50,401	48,969	44,107	30,308	19,047	17,251