CommScope Holding Company, Inc. COMM Income Statement

Commscope holding company, inc. (COMM)

Income statement / TTM

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
9,278	8,345	7,104	5,874	4,547	4,568	4,631	4,609	4,543	4,560	4,619	4,784	4,916	4,923	4,887	4,565	4,126	3,807	3,493	3,521	3,719	3,829	3,848	3,735	3,610	3,480	3,527	0	0	0
Cost of sales
6,631	5,941	5,081	4,051	2,927	2,935	3,001	2,961	2,880	2,855	2,779	2,830	2,880	2,894	2,944	2,827	2,626	2,462	2,260	2,265	2,367	2,432	2,444	2,384	2,336	2,279	2,315	0	0	0
Gross profit
2,647	2,404	2,022	1,822	1,619	1,633	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating expenses:
Selling, general and administrative
1,402	1,277	1,130	984	674	674	644	669	706	733	821	857	884	881	891	874	770	687	589	507	497	484	502	503	506	502	469	0	0	0
Research and development
708	578	442	316	186	185	187	187	186	185	189	193	198	201	201	184	160	135	116	116	121	125	126	127	128	126	126	0	0	0
Amortization of purchased intangible assets
691	593	452	354	256	264	267	269	270	271	275	282	291	297	301	280	249	220	188	179	178	178	177	176	175	174	175	0	0	0
Restructuring costs, net
99	87	102	90	50	44	39	37	43	43	42	48	42	42	43	39	33	29	18	18	19	19	17	14	22	22	18	0	0	0
Asset impairments
-	-	-	-	-	-	-	-	-	-	-	-	-	38	108	0	0	-	0	-	-	-	0	0	-	45	80	0	0	0
Total operating expenses
3,278	2,912	2,142	1,759	1,182	1,183	-947	-221	523	1,233	4,124	4,234	4,320	4,355	4,410	4,312	3,947	3,626	3,256	3,091	3,195	3,252	3,286	3,225	3,209	3,150	3,185	0	0	0
Operating income (loss)
-631	-508	-119	63	437	450	490	484	455	472	494	549	596	567	476	253	179	181	236	429	524	577	561	510	400	329	342	0	0	0
Other expense, net
-13	-6	-43	-47	-51	-44	-4	0	6	-9	-10	-21	-38	-23	-29	-30	-15	-13	-1	8	-80	-86	-129	-134	-47	-48	-6	0	0	0
Interest expense
628	577	478	384	279	242	250	246	247	257	255	261	274	277	290	295	270	234	195	158	172	178	203	220	205	208	193	0	0	0
Interest income
8	18	17	17	17	7	5	5	4	4	4	4	3	5	5	5	5	4	4	4	4	4	4	3	3	3	2	0	0	0
Loss before income taxes
-1,264	-1,074	-624	-350	123	170	241	243	220	209	232	270	287	272	162	-66	-101	-62	44	284	275	317	232	158	151	76	141	0	0	0
Income tax (expense) benefit
-177	-144	-108	-55	19	30	24	39	26	16	38	33	43	49	68	14	-3	8	-7	55	63	80	52	63	83	56	107	0	0	0
Net loss
-1,087	-929	-516	-295	104	140	217	204	193	193	194	237	243	222	93	-81	-97	-70	52	229	211	236	180	94	67	19	33	0	0	0
Series A convertible preferred stock dividend
0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deemed dividend on Series A convertible preferred stock
-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net loss attributable to common stockholders
-1,144	-973	-458	-222	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
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	194	194	193	192	192	192	192	191	190	191	193	194	193	192	192	191	191	190	189	188	187	187	186	185	177	154	154	154	154
Diluted
194	194	194	193	192	195	195	195	195	195	195	197	199	197	196	196	195	182	190	194	193	192	191	190	190	182	159	158	156	155
Net income
-1,087	-929	-516	-295	104	140	217	204	193	193	194	237	243	222	93	-81	-97	-70	52	229	211	236	180	94	67	19	33	0	0	0
Other comprehensive income (loss), net of tax:
Foreign currency translation gain (loss)
-	-	-	-	-	-	-	-	-	-	72	33	-99	-93	-31	-62	-4	-80	-62	-73	-82	-51	-27	15	2	-4	-1	0	0	0
Pension and other postretirement benefit activity
-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	0
Gain (loss) on net investment hedge
-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Available-for-sale securities
-	-	-	-	-	-	-	-	-	-	-4	-2	-1	-4	-1	-3	-3	-5	-8	11	0	-	0	0	-	-	-	-	-	-
Total other comprehensive income (loss), net of tax
-	-	-	-	-	-	-	-	-	-	49	14	-117	-113	-34	-68	-9	-88	-90	-102	-91	-57	-16	29	-2	-9	-6	0	0	0
Total comprehensive income
-	-	-	-	-	-	-	-	-	-	244	251	126	109	58	-149	-107	-159	-38	127	120	179	163	124	65	9	27	0	0	0