Cohu inc (COHU)
Income statement / Quarterly
Mar'20Dec'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'11Sep'10Jun'10
Net sales

138,921

142,011

143,498

150,011

147,809

170,637

86,164

99,817

95,150

84,090

93,651

93,866

81,097

70,694

69,259

76,353

65,778

63,484

67,512

75,211

63,447

85,893

91,573

74,299

64,864

40,284

55,977

62,234

56,016

35,864

57,748

59,404

53,296

66,559

71,813

80,896

89,700

86,066

74,869

Cost and expenses:
Cost of sales (1)

82,837

87,936

84,565

87,605

93,394

128,718

51,142

57,677

54,923

46,978

56,742

56,736

48,841

39,997

45,979

49,614

46,496

43,087

44,718

49,509

43,302

59,336

58,621

50,036

42,664

30,666

43,293

42,720

40,432

25,471

39,622

41,740

37,757

45,147

48,458

54,349

60,885

55,989

47,441

Research and development

22,468

20,823

20,483

22,108

22,733

22,520

11,088

11,051

11,775

11,886

9,609

9,466

9,776

10,143

8,673

8,345

7,680

8,206

8,605

7,731

8,565

7,987

8,587

8,884

10,560

4,662

11,136

11,192

13,460

7,370

9,136

8,688

8,370

9,039

8,824

9,284

9,083

8,799

9,012

Selling, general and administrative

33,352

34,532

33,690

36,428

38,286

45,766

15,899

19,303

15,786

13,375

16,882

16,020

14,460

13,222

13,701

15,175

13,114

13,164

11,923

13,811

12,272

10,657

12,358

12,473

15,063

5,688

13,966

13,218

15,053

8,607

11,597

11,041

10,876

11,168

11,871

11,434

12,090

12,497

9,489

Amortization of purchased intangible assets

9,538

9,615

9,969

9,987

10,019

14,080

1,024

1,019

1,074

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Restructuring charges

403

2,764

814

8,545

1,361

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Impairment charges related to indefinite lived intangibles

3,949

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Costs and Expenses, Total

152,547

155,670

149,521

164,673

165,793

229,788

79,153

89,050

83,558

76,447

83,233

82,222

73,077

70,264

68,353

73,134

67,290

61,259

65,246

71,051

64,139

77,980

79,566

71,393

68,287

41,016

68,395

67,130

68,945

41,448

60,355

61,469

57,003

65,354

69,153

75,067

82,058

77,285

65,942

Loss from operations

-13,626

-13,659

-6,023

-14,662

-17,984

-59,151

7,011

10,767

11,592

7,643

10,418

11,644

8,020

430

906

3,219

-1,512

2,225

2,266

4,160

-692

7,913

12,007

2,906

-3,423

-732

-12,418

-4,896

-12,929

-5,584

-2,607

-2,065

-3,707

1,205

2,660

5,829

7,642

8,781

8,927

Other (expense) income:
Interest expense

4,427

4,767

5,000

5,282

5,507

4,944

11

11

11

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest income

147

161

190

191

222

274

337

329

247

254

174

142

101

169

71

59

43

25

9

4

6

4

6

5

15

12

16

16

10

47

739

89

92

102

114

116

110

127

138

Foreign transaction gain (loss)

-404

-1,259

1,630

-546

218

439

-232

3,031

-1,579

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss from continuing operations before taxes

-18,310

-19,524

-9,203

-20,299

-23,051

-63,382

7,105

14,116

10,249

4,866

10,592

11,786

8,121

3,221

977

3,278

-1,469

2,250

2,275

4,164

-686

7,917

12,013

2,911

-3,408

-720

-12,402

-4,880

-12,919

-5,537

-1,868

-1,976

-3,615

1,307

2,774

5,945

7,752

8,908

9,065

Income tax benefit

-992

-3,243

1,277

-916

-200

-6,266

2,302

2,468

2,127

-2,029

1,837

1,078

1,358

915

849

761

222

-40

940

277

1,034

1,997

2,001

711

-56

278

-1,289

-546

-816

-497

-119

133

-391

588

-602

895

1,178

1,297

2,367

Loss from continuing operations

-17,318

-16,281

-10,480

-19,383

-22,851

-57,116

4,803

11,648

8,122

6,895

8,755

10,708

6,763

2,306

128

2,517

-1,691

2,290

1,335

3,887

-1,720

5,920

10,012

2,200

-3,352

-

-11,113

-4,334

-

-

-

-

-

-

-

-

-

-

-

Income from discontinued operations

42

-1,039

154

24

164

-

-

-

-

0

0

-278

0

-217

51

-55

0

-341

-222

-3,959

-1,020

-5,547

-2,493

1,963

5

-

293

289

-

-

-

-

-

-

-

-

-

-

-

Net loss

-17,276

-17,320

-10,326

-19,359

-22,687

-56,997

4,803

11,648

8,122

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net loss attributable to noncontrolling interest

-

-54

142

-36

-44

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net loss attributable to Cohu

-17,276

-17,266

-10,468

-19,323

-22,643

-56,754

4,803

11,648

8,122

6,895

8,755

10,430

6,763

2,089

179

2,462

-1,691

1,949

1,113

-72

-2,740

373

7,519

4,163

-3,347

-6,450

-10,820

-4,045

-12,103

-5,161

-1,749

-2,109

-3,224

719

3,376

5,050

6,574

7,611

6,698

Weighted average shares used in computing income (loss) per share:
Basic (in shares)

41,502

41,410

41,229

41,125

40,872

40,661

28,948

28,893

28,602

28,503

28,155

27,708

26,978

26,847

26,761

26,711

26,317

26,243

26,175

26,059

25,751

25,644

25,481

25,324

25,123

25,033

24,929

24,817

24,657

24,572

24,479

24,432

24,353

24,257

24,158

24,103

24,018

23,802

23,657

Diluted (in shares)

41,502

41,410

41,229

41,125

40,872

38,152

29,770

29,651

29,531

29,582

29,105

28,725

28,252

28,851

27,367

27,385

26,317

27,883

26,796

26,722

25,751

26,930

26,174

25,797

25,123

25,033

24,929

24,817

24,657

24,572

24,479

24,432

24,353

24,559

24,478

24,484

24,483

24,111

24,086

Cash dividends declared per share (in dollars per share)

0.06

-

0.06

0.06

0.06

-

0.06

0.06

0.06

-

0.06

0.06

0.06

-

0.06

0.06

0.06

-

0.06

0.06

0.06

-

0.06

0.06

0.06

-

0.06

0.06

0.06

-

0.06

0.06

0.06

-

0.06

0.06

0.06

0.06

0.06

Basic:
Loss from continuing operations before noncontrolling interest (in dollars per share)

-0.42

-0.40

-0.25

-0.47

-0.56

-1.87

0.17

0.40

0.28

0.24

0.31

0.39

0.25

0.08

0.01

0.09

-0.06

0.09

0.05

0.15

-0.07

0.23

0.39

0.09

-0.13

-

-0.44

-0.17

-

-

-

-

-

-

-

-

-

-

-

Income from discontinued operations (in dollars per share)

0.00

-0.02

0.00

0.00

0.01

-

-

-

-

0.00

0.00

-0.01

0.00

-0.01

0.00

0.00

0.00

-0.01

-0.01

-0.15

-0.04

-0.22

-0.09

0.07

0.00

-

0.01

0.01

-

-

-

-

-

-

-

-

-

-

-

Net loss attributable to noncontrolling interest (in dollars per share)

-

0.00

0.00

0.00

0.00

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net loss attributable to Cohu (in dollars per share)

-0.42

-0.42

-0.25

-0.47

-0.55

-1.86

0.17

0.40

0.28

0.24

0.31

0.38

0.25

0.07

0.01

0.09

-0.06

0.08

0.04

0.00

-0.11

0.01

0.30

0.16

-0.13

-0.26

-0.43

-0.16

-0.49

-0.21

-0.07

-0.09

-0.13

0.03

0.14

0.21

0.27

0.32

0.28

Diluted:
Loss from continuing operations before noncontrolling interest (in dollars per share)

-0.42

-0.40

-0.25

-0.47

-0.56

-1.85

0.16

0.39

0.28

0.24

0.30

0.37

0.24

0.08

0.01

0.09

-0.06

0.09

0.05

0.15

-0.07

0.23

0.38

0.09

-0.13

-

-0.44

-0.17

-

-

-

-

-

-

-

-

-

-

-

Income from discontinued operations (in dollars per share)

0.00

-0.02

0.00

0.00

0.01

-

-

-

-

0.00

0.00

-0.01

0.00

-0.01

0.00

0.00

0.00

-

-

-0.15

-0.04

-0.22

-0.09

0.07

0.00

-

0.01

0.01

-

-

-

-

-

-

-

-

-

-

-

Net loss attributable to noncontrolling interest (in dollars per share)

-

0.00

0.00

0.00

0.00

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss from discontinued operations (in dollars per share)

0.00

-0.02

0.00

0.00

0.01

-

-

-

-

0.00

0.00

-0.01

0.00

-0.01

0.00

0.00

0.00

-0.01

-0.01

-0.15

-0.04

-

-0.09

0.07

0.00

-

0.01

0.01

-

-

-

-

-

-

-

-

-

-

-

Net loss attributable to Cohu (in dollars per share)

-0.42

-0.42

-0.25

-0.47

-0.55

-1.84

0.16

0.39

0.28

0.24

0.30

0.36

0.24

0.07

0.01

0.09

-0.06

0.08

0.04

0.00

-0.11

0.01

0.29

0.16

-0.13

-0.26

-0.43

-0.16

-0.49

-0.21

-0.07

-0.09

-0.13

0.02

0.14

0.21

0.27

0.32

0.28