CommScope Holding Company, Inc. COMM Income Statement

Commscope holding company, inc. (COMM)

Income statement / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'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	Sep'12
Net sales
2,033,200	2,298,700	2,380,200	2,566,700	1,099,500	1,057,700	1,150,400	1,239,900	1,120,500	1,120,450	1,128,775	1,174,090	1,137,285	1,178,906	1,293,948	1,306,788	1,143,979	1,142,541	972,597	867,290	825,400	827,895	1,000,427	1,066,256	935,036	846,558	888,011	940,859	804,689	894,019
Cost of sales
1,392,000	1,562,500	1,770,300	1,906,700	701,500	702,700	740,700	782,700	709,100	769,127	700,170	702,325	683,478	693,357	751,097	753,029	696,888	743,511	633,706	552,595	532,196	542,475	637,940	654,605	597,325	554,715	577,812	607,035	539,615	591,192
Gross profit
641,200	736,200	609,900	660,000	398,000	355,000	409,700	457,200	411,400	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating expenses:
Selling, general and administrative
311,100	305,000	305,800	480,900	185,400	158,000	159,800	171,100	185,100	128,692	184,947	207,640	211,821	217,296	220,835	234,333	209,197	227,101	203,820	130,797	125,671	129,376	121,417	121,070	113,028	147,458	122,424	123,411	108,982	114,831
Research and development
180,400	179,000	171,500	177,800	50,200	43,200	44,800	47,800	49,900	45,031	44,599	46,982	48,988	48,767	48,430	51,934	52,190	49,146	31,100	27,982	27,736	29,543	30,806	33,082	31,870	30,878	31,757	33,846	29,950	30,969
Amortization of purchased intangible assets
157,800	205,900	163,900	164,100	59,300	65,200	65,800	66,400	67,200	68,110	68,271	66,981	67,638	72,932	74,639	76,015	73,616	76,905	54,287	44,624	44,786	44,826	44,835	44,306	44,298	43,966	43,956	43,685	43,280	44,133
Restructuring costs, net
23,700	9,400	19,500	46,400	12,400	24,200	7,100	7,200	5,500	19,279	5,360	13,773	5,388	18,372	10,826	7,605	6,072	18,855	6,868	1,894	1,871	7,590	7,388	2,309	1,980	5,671	4,900	9,730	1,803	1,624
Asset impairments
-	-	-	-	-	-	-	-	-	-	-	-	-	15,884	7,375	0	15,293	-	85,334	-	-	-	7,000	7,229	-	3,727	7,320	28,848	5,634	38,271
Total operating expenses
673,000	1,075,400	660,700	869,200	307,300	305,600	277,500	292,500	307,700	-1,824,861	1,003,347	1,037,701	1,017,313	1,066,608	1,113,202	1,122,916	1,053,256	1,120,968	1,015,115	757,892	732,260	751,677	849,386	862,601	788,501	786,415	788,169	846,555	729,264	821,020
Operating income (loss)
-31,800	-339,200	-50,800	-209,200	90,700	49,400	132,200	164,700	103,700	90,211	125,428	136,389	119,972	112,298	180,746	183,872	90,723	21,573	-42,518	109,398	93,140	76,218	151,041	203,655	146,535	60,143	99,842	94,304	75,425	72,999
Other expense, net
-12,500	-2,900	1,500	700	-5,700	-39,700	-2,400	-3,200	1,000	-152	3,209	2,900	-15,357	-1,162	-7,546	-14,653	301	-7,505	-8,269	86	2,627	4,188	1,393	-88,791	-3,195	-39,371	-3,394	-1,831	-3,441	1,836
Interest expense
149,100	153,700	160,700	165,300	97,500	55,400	66,100	60,700	59,800	64,231	61,798	61,417	69,554	62,510	68,349	74,113	72,562	75,909	73,387	49,036	36,329	36,526	36,504	63,625	42,280	60,790	53,972	48,052	45,785	45,900
Interest income
2,100	2,200	1,800	2,300	11,800	1,600	1,900	2,100	1,400	416	1,180	1,730	874	774	1,023	1,148	2,579	792	1,276	1,031	1,029	1,345	1,394	1,111	1,104	847	650	906	704	717
Loss before income taxes
-191,300	-493,600	-208,200	-371,500	-700	-44,100	65,600	102,900	46,300	26,244	68,019	79,602	35,935	49,400	105,874	96,254	21,041	-61,049	-122,898	61,479	60,467	45,225	117,324	52,350	102,164	-39,171	43,126	45,327	26,903	25,980
Income tax (expense) benefit
-31,400	-56,900	-51,700	-37,500	1,600	-20,900	1,800	37,000	12,600	-27,373	16,862	24,138	2,373	-5,066	12,043	34,293	8,461	14,098	-42,102	15,887	20,991	-2,586	20,893	24,307	37,677	-30,259	31,839	44,206	11,003	20,696
Net loss
-159,900	-436,700	-156,500	-334,000	-2,300	-23,200	63,800	65,900	33,700	53,617	51,157	55,464	33,562	54,466	93,831	61,961	12,580	-75,147	-80,796	45,592	39,476	47,811	96,431	28,043	64,487	-8,912	11,287	1,121	15,900	5,284
Series A convertible preferred stock dividend
13,800	-	13,800	13,100	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deemed dividend on Series A convertible preferred stock
-	-	-	3,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net loss attributable to common stockholders
-173,700	-450,500	-170,300	-350,100	-2,300	-	63,800	65,900	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss per share:
Basic
-0.89	-2.32	-0.88	-1.81	-0.01	-0.12	0.33	0.34	0.18	0.28	0.27	0.29	0.17	0.28	0.49	0.32	0.07	-0.40	-0.42	0.24	0.21	0.26	0.51	0.15	0.35	-0.06	0.07	0.01	0.10	0.03
Diluted
-0.89	-2.32	-0.88	-1.81	-0.01	-0.12	0.33	0.34	0.17	0.27	0.26	0.28	0.17	0.27	0.48	0.32	0.06	-0.39	-0.42	0.24	0.20	0.25	0.50	0.15	0.34	-0.06	0.07	0.01	0.10	0.03
Weighted average shares outstanding:
Basic
194,900	194,300	194,100	193,600	192,800	192,200	192,200	192,200	191,400	190,616	191,824	193,092	194,068	193,278	192,719	192,241	191,642	191,073	190,269	189,682	188,480	187,762	187,407	186,509	185,942	177,913	154,885	154,885	154,881	154,706
Diluted
194,900	194,300	194,100	193,600	192,800	195,100	195,400	195,200	195,500	195,027	195,815	197,218	199,140	197,709	196,598	196,073	195,456	182,094	190,269	194,004	193,137	192,267	191,627	190,984	190,922	182,028	159,064	158,316	156,644	155,377
Net income
-159,900	-436,700	-156,500	-334,000	-2,300	-23,200	63,800	65,900	33,700	53,617	51,157	55,464	33,562	54,466	93,831	61,961	12,580	-75,147	-80,796	45,592	39,476	47,811	96,431	28,043	64,487	-8,912	11,287	1,121	15,900	5,284
Other comprehensive income (loss), net of tax:
Foreign currency translation gain (loss)
-	-	-	-	-	-	-	-	-	-	47,087	86,749	40,351	-101,831	8,610	-46,591	46,284	-39,452	-22,835	11,638	-29,488	-21,863	-33,531	2,356	1,627	2,296	9,469	-10,682	-5,931	6,096
Pension and other postretirement benefit activity
-	-	-	-	-	-	-	-	-	-	353	360	369	-	376	2,404	731	-	1,566	1,586	-1,587	-	-1,551	-1,551	-1,551	-	-1,373	-1,355	-1,357	-980
Gain (loss) on net investment hedge
-	-	-	-	-	-	-	-	-	-	-1,471	-2,996	-355	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Available-for-sale securities
-	-	-	-	-	-	-	-	-	-	-1,685	-2,132	1,309	-1,610	-257	-1,411	-723	490	-1,737	-1,147	-2,989	-	-2,874	18,694	-	-	-	-	-	-
Total other comprehensive income (loss), net of tax
-	-	-	-	-	-	-	-	-	-	43,578	81,261	40,936	-115,836	7,977	-50,406	44,830	-36,833	-26,138	8,905	-34,064	-38,891	-37,956	19,499	76	1,599	8,096	-12,037	-7,288	5,116
Total comprehensive income
-	-	-	-	-	-	-	-	-	-	94,735	136,725	74,498	-61,370	101,808	11,555	57,410	-111,980	-106,934	54,497	5,412	8,920	58,475	47,542	64,563	-7,313	19,383	-10,916	8,612	10,400