Comtech telecommunications corp /de/ (CMTL)
Income statement / Yearly
Jul'19Jul'18Jul'17Jul'16Jul'15Jul'14Jul'13Jul'12Jul'11Jul'10Jul'09
Net sales

671,797

570,589

550,368

411,004

307,289

347,150

319,797

425,070

612,379

778,205

586,372

Cost of sales

424,357

346,648

332,183

239,767

168,405

195,712

178,967

241,561

371,333

507,607

345,472

Gross profit

247,440

223,941

218,185

171,237

138,884

151,438

140,830

183,509

241,046

270,598

240,900

Expenses:
Selling, general and administrative

128,639

113,922

116,080

94,932

62,680

67,147

63,265

87,106

94,141

99,883

100,171

Research and development

56,407

53,869

54,260

42,190

35,916

34,108

36,748

38,489

43,516

46,192

50,010

Amortization of acquired in-process research and development

-

-

-

-

-

-

-

-

-

-

6,200

Amortization of Intangible Assets

18,320

21,075

22,823

13,415

6,211

6,285

6,328

6,637

8,091

7,294

7,592

Settlement of intellectual property litigation

3,204

0

12,020

0

0

-

-

-

-

-

-

Acquisition plan expenses

5,871

0

0

21,276

0

0

-

-

-

-

-

Impairment of goodwill

-

-

-

-

-

-

-

-

-

13,249

0

Merger termination fee, net

-

-

-

-

-

-

-

-

12,500

0

0

Total operating expenses

206,033

188,866

181,143

171,813

104,807

107,540

106,341

132,232

133,248

166,618

163,973

Operating Income (Loss)

41,407

35,075

37,042

-576

34,077

43,898

34,489

51,277

107,798

103,980

76,927

Other expenses:
Interest Expense

9,245

10,195

11,629

7,750

479

6,304

8,163

8,832

8,415

7,888

6,396

Write off of Deferred Debt Issuance Cost

3,217

0

0

-

-

-

-

-

-

-

-

Investment Interest (Income) Interest and Other Expense

-35

-254

68

134

405

913

1,167

1,595

2,421

1,210

2,738

Income before provision for income taxes

28,910

24,626

25,481

-8,192

34,003

38,507

27,493

44,040

101,804

97,302

73,269

Income Tax Expense (Benefit)

3,869

-5,143

9,654

-454

10,758

13,356

9,685

11,624

33,909

36,672

25,744

Net Income (Loss) Attributable to Parent

25,041

29,769

15,827

-7,738

23,245

25,151

17,808

32,416

67,895

60,630

47,525

Earnings Per Share [Abstract]
Basic (in dollars per share)

1.04

1.25

0.68

-0.46

1.43

1.58

1.05

1.62

2.53

2.14

1.81

Diluted (in dollars per share)

1.03

1.24

0.67

-0.46

1.42

1.37

0.97

1.42

2.22

1.91

1.73

Weighted average number of common shares outstanding – basic (in shares)

24,124

23,825

23,433

16,972

16,203

15,943

16,963

19,995

26,842

28,270

26,321

Weighted average number of common and common equivalent shares outstanding – diluted (in shares)

24,302

24,040

23,489

16,972

16,418

20,906

23,064

25,991

32,623

34,074

29,793

Dividends declared per issued and outstanding common share as of the applicable dividend record date (in dollars per share)

-

-

-

1.20

1.20

1.17

1.10

1.10

1.00

0.00

0.00