Coherent, inc. (COHR)
Income statement / TTM
Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Jun'10
Net sales

1,368,265

1,430,640

1,556,724

1,699,896

1,808,154

1,902,573

1,931,323

1,913,088

1,854,803

1,723,311

1,481,474

1,236,134

1,013,183

857,385

818,546

788,281

792,120

802,460

798,182

806,197

801,698

794,639

802,436

819,644

820,480

810,126

785,639

768,297

761,523

769,088

788,395

802,894

810,490

802,834

761,570

0

0

0

Cost of sales

921,897

944,175

988,752

1,021,591

1,045,136

1,071,882

1,068,480

1,051,395

1,029,025

973,042

838,923

706,210

574,175

475,993

460,496

446,008

455,142

467,061

472,859

485,395

483,535

481,249

484,923

493,128

498,298

487,855

470,676

456,353

448,262

453,103

460,646

465,228

461,703

452,012

425,898

0

0

0

Gross profit

446,368

486,465

567,972

678,305

763,018

830,691

862,843

861,693

825,778

750,269

642,551

529,924

439,008

381,392

358,050

342,273

336,978

335,399

325,323

320,802

318,163

313,390

317,513

326,516

322,182

322,271

314,963

311,944

313,261

315,985

327,749

337,666

348,787

350,822

335,672

0

0

0

Operating expenses:
Research and development

117,091

117,353

122,203

125,814

130,136

132,586

131,541

127,721

123,474

119,166

108,368

99,326

89,745

81,801

81,524

81,353

81,422

81,455

80,141

77,917

77,306

79,070

81,952

84,688

84,421

82,785

81,081

78,605

78,782

78,260

78,126

80,558

81,481

81,232

79,778

0

0

0

Selling, general and administrative

276,251

272,257

274,464

277,069

284,752

293,632

294,356

296,448

291,753

292,084

263,770

237,643

206,132

169,138

160,022

149,920

148,462

149,829

151,394

152,466

152,280

154,030

152,850

154,372

152,422

149,513

148,693

142,839

140,870

138,519

139,361

144,450

148,052

149,499

144,624

0

0

0

Gain from business combination

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Impairment and other charges

-

-

0

611

-

766

3,682

3,071

3,181

2,916

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Amortization of intangible assets

12,152

13,760

14,275

10,100

11,124

10,690

11,127

12,263

14,752

16,024

13,924

10,755

6,016

2,839

2,633

2,706

2,672

2,667

2,742

2,936

3,186

3,424

3,679

4,128

5,154

5,074

9,492

9,925

9,594

10,376

6,849

6,977

7,623

8,082

8,244

0

0

0

Impairment of investment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total operating expenses

405,494

403,370

410,942

413,594

426,513

437,674

440,706

439,503

433,160

424,774

380,646

342,308

296,477

253,778

242,863

234,680

233,257

234,652

236,294

233,319

232,772

236,524

238,481

243,188

241,997

237,372

239,266

231,369

229,246

227,155

224,336

231,985

237,156

238,813

232,646

0

0

0

Income from operations

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other income (expense):
Interest income

1,158

1,119

1,119

1,306

1,328

1,571

1,885

1,723

1,418

1,090

849

918

1,046

1,143

1,009

841

739

595

519

537

434

397

387

234

239

230

189

193

159

311

590

796

928

909

876

0

0

0

Interest expense

18,315

19,122

19,432

19,195

22,001

25,847

31,115

33,872

35,145

34,362

25,694

18,263

9,295

1,346

127

68

52

48

61

66

60

72

144

172

175

164

68

102

96

86

139

122

134

147

245

0

0

0

Other—net

227

-5,044

-5,303

-8,966

-11,440

-7,186

-6,820

-4,218

-3,385

9,832

8,252

9,546

8,925

-4,515

-3,908

-5,259

-1,403

-1,726

1,995

2,367

1,514

2,028

112

-437

-184

-1,403

83

-871

-226

1,567

17

2,497

9,790

11,058

11,029

0

0

0

Total other expense, net

-16,930

-23,047

-23,616

-26,855

-32,113

-31,462

-36,050

-36,367

-37,112

-23,440

-16,593

-7,799

676

-4,718

-3,026

-4,486

-716

-1,179

2,453

2,838

1,888

2,353

0

0

0

-

204

-780

-163

1,792

468

3,171

10,584

11,820

11,660

0

0

0

Income before income taxes

23,944

60,048

133,414

237,856

304,392

361,555

386,087

385,823

355,506

302,055

245,312

179,817

143,207

122,896

112,161

103,107

103,005

99,568

91,482

90,321

87,279

79,219

79,321

82,887

79,999

83,496

75,901

79,795

83,852

90,622

103,881

108,852

122,215

123,829

114,686

0

0

0

Provision for income taxes

-124

6,223

7,028

41,401

63,385

114,195

139,025

142,860

135,657

93,411

78,770

57,496

45,293

35,394

28,142

24,474

23,740

23,159

23,278

22,382

22,446

20,113

18,797

18,677

16,094

17,141

17,513

20,884

23,788

27,660

22,087

25,244

31,039

30,591

38,424

0

0

0

Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent

-

-

126,386

196,455

-

247,360

247,062

242,963

219,849

208,644

166,542

122,321

97,914

87,502

67,991

68,035

72,386

76,409

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

0

Loss from discontinued operations, net of income taxes

-

-

0

0

-

-2

863

-891

-1,234

-1,522

-2,387

-633

-290

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net Income (Loss) Attributable to Parent

24,068

53,825

126,386

196,455

241,007

247,358

247,925

242,072

218,615

207,122

164,155

121,688

97,624

87,502

84,019

78,633

79,265

76,409

68,204

67,939

64,833

59,106

60,524

64,210

63,905

66,355

58,388

58,911

60,064

62,962

81,794

83,608

91,176

93,238

76,262

0

0

0

Earnings Per Share [Abstract]
Net income per share:
Income per share from continuing operations (in dollars per share)

-

-

-

-

-

-

-

-

-

2.98

2.56

1.72

1.26

1.26

0.77

0.74

0.85

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss per share from discontinued operations, net of income taxes (in dollars per share)

-

-

-

-

-

-

-

-

-

0.03

-0.07

-0.01

-0.01

0.00

0.00

0.00

0.00

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Basic (in USD per share)

0.24

0.04

-0.13

0.86

1.46

3.01

2.72

2.64

1.70

3.01

2.49

1.71

1.25

1.26

0.77

0.74

0.85

1.10

0.54

0.75

0.70

0.77

0.52

0.62

0.48

0.84

0.69

0.62

0.60

0.52

0.73

0.69

0.73

1.27

0.76

0.94

0.77

0.58

Diluted net income (loss) per share:
Income per share from continuing operations (in dollars per share)

-

-

-

-

-

-

-

-

-

2.94

2.53

1.70

1.25

1.25

0.76

0.73

0.84

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss per share from discontinued operations, net of income taxes (in dollars per share)

-

-

-

-

-

-

-

-

-

0.03

-0.07

-0.01

-0.01

0.00

0.00

0.00

0.00

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Diluted (in USD per share)

0.24

0.05

-0.13

0.85

1.45

2.98

2.69

2.61

1.67

2.98

2.46

1.69

1.23

1.25

0.76

0.73

0.84

1.10

0.53

0.74

0.69

0.76

0.52

0.61

0.47

0.83

0.68

0.61

0.58

0.52

0.72

0.67

0.71

1.24

0.74

0.92

0.76

0.57

Shares used in computation:
Weighted Average Number of Shares Outstanding, Basic

23,971

23,918

24,054

24,232

24,268

24,234

24,658

24,761

24,635

24,568

24,537

24,496

24,347

24,243

24,192

24,137

23,996

24,634

24,737

24,709

24,936

24,879

24,837

24,782

24,542

24,387

24,310

24,085

23,770

23,628

23,633

23,521

23,462

24,696

25,066

25,246

24,688

25,022

Weighted Average Number of Shares Outstanding, Diluted

24,160

24,258

24,054

24,332

24,472

24,492

24,877

25,010

25,025

24,884

24,823

24,757

24,644

24,595

24,467

24,362

24,236

24,908

24,972

24,891

25,197

25,230

25,115

25,044

24,915

24,833

24,690

24,475

24,222

24,093

24,054

23,996

23,961

25,169

25,587

25,832

25,268

25,438