Cray inc. (CRAY)
Income statement / Quarterly
Jun'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
Revenue:
Revenues

68,699

71,546

163,355

92,796

120,203

79,594

166,643

79,700

87,135

59,031

346,574

77,451

100,235

105,549

267,471

191,413

186,161

79,644

261,943

159,406

85,147

55,110

307,369

54,366

84,467

79,547

188,829

35,739

84,183

112,307

91,554

36,705

67,920

39,867

42,836

28,733

Cost of revenue:
Total cost of revenue

44,752

45,522

122,947

67,985

82,396

52,642

116,583

51,208

58,792

35,222

226,083

53,850

64,074

65,587

181,291

125,531

136,576

55,608

173,000

110,876

56,143

37,173

194,420

33,940

57,666

55,397

134,634

18,407

49,688

67,151

56,426

20,421

42,166

22,667

32,096

17,415

Gross profit

23,947

26,024

40,408

24,811

37,807

26,952

50,060

28,492

28,343

23,809

120,491

23,601

36,161

39,962

86,180

65,882

49,585

24,036

88,943

48,530

29,004

17,937

112,949

20,426

26,801

24,150

54,195

17,332

34,495

45,156

35,128

16,284

25,754

17,200

10,740

11,318

Operating expenses:
Research and development, net

37,171

35,786

29,738

26,162

29,382

29,892

22,186

26,626

17,325

32,640

29,807

29,084

27,399

25,840

29,281

24,989

20,106

22,187

24,735

22,503

24,189

22,621

25,979

21,555

19,968

20,226

18,177

15,483

6,893

23,750

6,583

17,949

18,464

6,456

18,563

7,044

Sales and marketing

14,919

14,275

16,994

15,282

15,218

15,665

16,602

13,392

15,247

14,653

18,502

15,010

15,380

16,001

18,054

16,132

13,412

12,552

17,942

14,808

13,259

11,776

17,172

11,480

11,550

11,143

12,579

6,495

10,233

7,873

7,172

6,233

6,373

6,356

6,512

6,572

General and administrative

15,890

5,942

7,434

6,580

5,624

5,779

6,089

7,022

7,205

8,797

9,728

7,968

9,019

7,338

8,662

6,729

6,435

6,140

6,839

5,813

5,316

5,413

8,063

4,970

5,085

5,485

7,282

3,324

4,971

5,130

4,233

3,693

3,777

4,137

4,166

4,018

Restructuring

0

0

0

0

0

476

915

7,653

0

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-80

687

58

1,118

-

-

Total operating expenses

67,980

56,003

54,166

48,024

50,224

51,812

45,792

54,693

39,777

56,090

58,037

52,062

51,798

49,179

55,997

47,850

39,953

40,879

49,516

43,124

42,764

39,810

51,214

38,005

36,603

36,854

38,038

25,302

22,097

36,753

17,908

28,562

28,672

18,067

29,241

17,634

Net gain on sale of interconnect hardware development program

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

139,068

-

-

0

-

-

-

-

Loss from operations

-44,033

-29,979

-13,758

-23,213

-12,417

-24,860

4,268

-26,201

-11,434

-32,281

62,454

-28,461

-15,637

-9,217

30,183

18,032

9,632

-16,843

39,427

5,406

-13,760

-21,873

61,735

-17,579

-9,802

-12,704

16,157

-7,970

151,466

8,403

17,220

-12,278

-2,918

-867

-18,501

-6,316

Other income, net

272

-247

396

151

430

-382

-356

4,161

155

1,042

-196

-312

-421

-436

31

-152

-258

744

1,075

-101

-337

-646

-1,472

284

145

-335

-101

108

245

220

-652

13

193

-543

-149

-148

Interest income, net

1,223

925

1,055

908

667

713

621

880

897

878

493

544

526

584

294

337

413

364

289

72

84

61

-37

214

204

376

60

108

37

-1

-93

20

23

17

61

22

Gain on strategic transaction

-

-

-

0

-

-

-

4,389

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss before income taxes

-42,538

-29,301

-12,307

-22,154

-11,320

-24,529

4,624

-16,771

-10,382

-30,361

62,751

-28,229

-15,532

-9,069

30,508

18,217

9,787

-15,735

40,791

5,377

-14,013

-22,458

60,226

-17,081

-9,453

-12,663

16,116

-7,754

151,748

8,622

16,475

-12,245

-2,702

-1,393

-18,589

-6,442

Income tax benefit (expense)

22

119

1,023

239

-370

479

102,166

-6,539

-3,542

-11,146

10,976

-5,208

-2,406

-4,056

10,213

7,362

4,006

-6,341

-33,847

-1,994

-7,265

-9,520

9,219

-6,056

-9,303

-5,054

2,110

-2,603

4,326

3,658

-14,529

-13

256

92

187

196

Net Income (Loss) Attributable to Parent

-42,560

-29,420

-13,330

-22,393

-10,950

-25,008

-97,542

-10,232

-6,840

-19,215

51,775

-23,021

-13,126

-5,013

20,295

10,855

5,781

-9,394

74,638

7,371

-6,748

-12,938

51,007

-11,025

-150

-7,609

14,006

-5,151

147,422

4,964

31,004

-12,232

-2,958

-1,485

-18,776

-6,638

Basic net loss per common share (in dollars per share)

-1.03

-0.72

-0.32

-0.55

-0.27

-0.62

-2.43

-0.25

-0.17

-0.48

1.31

-0.58

-0.33

-0.13

0.51

0.28

0.15

-0.24

1.94

0.19

-0.18

-0.34

1.34

-0.29

0.00

-0.20

0.37

-0.14

4.05

0.14

0.88

-0.35

-0.08

-0.04

-

-

Diluted net loss per common share (in dollars per share)

-1.03

-0.72

-0.32

-0.55

-0.27

-0.62

-2.43

-0.25

-0.17

-0.48

1.30

-0.58

-0.33

-0.13

0.51

0.27

0.14

-0.24

1.88

0.18

-0.18

-0.34

1.30

-0.29

0.00

-0.20

0.37

-0.14

3.91

0.13

0.87

-0.35

-0.08

-0.04

-

-

Basic and diluted net loss per common share

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.55

-0.19

Basic weighted average shares outstanding (in shares)

41,191

40,945

40,834

40,778

40,616

40,436

40,312

40,199

40,051

39,994

39,977

39,936

39,768

39,651

39,539

39,382

39,104

39,003

38,927

38,783

38,509

38,317

38,250

38,085

37,658

37,335

37,142

36,999

36,367

35,528

35,388

35,279

35,040

34,781

34,435

34,246

Diluted weighted average shares outstanding (in shares)

41,191

40,945

40,834

40,778

40,616

40,436

40,312

40,199

40,051

39,994

44,693

39,936

39,768

39,651

42,680

40,322

40,759

39,003

44,638

40,276

38,509

38,317

46,026

38,085

37,658

37,335

39,569

36,999

37,682

36,906

39,188

35,279

35,040

34,781

34,435

34,246

Foreign currency translation adjustments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

135

-

-

Unrealized loss on cash flow hedges

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-2,431

-

-

Reclassification adjustments on cash flow hedges included in net income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,016

-

-

Other comprehensive income (loss)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1,280

-

-

Comprehensive income (loss)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-2,765

-

-

Product
Revenues

29,924

34,158

127,050

57,990

83,379

44,454

132,256

45,280

51,531

21,128

311,408

47,685

68,929

71,410

232,924

157,692

157,937

52,741

235,524

133,461

61,748

30,015

282,389

31,720

62,353

59,868

170,961

18,313

68,516

95,977

75,223

15,988

47,654

16,696

23,462

9,253

Total cost of revenue

23,424

26,102

103,892

49,053

65,274

34,045

99,474

35,090

39,515

14,751

206,827

33,552

45,459

46,178

160,034

105,242

120,789

40,756

157,535

96,080

43,967

23,972

181,826

23,371

47,477

45,570

123,692

10,474

39,521

57,550

46,894

11,151

31,638

11,317

18,355

4,587

Service
Revenues

38,775

37,388

36,305

34,806

36,824

35,140

34,387

34,420

35,604

37,903

35,166

29,766

31,306

34,139

34,547

33,721

28,224

26,903

26,419

25,945

23,399

25,095

24,980

22,646

22,114

19,679

17,868

17,426

15,667

16,330

16,331

20,717

20,266

23,171

19,374

19,480

Total cost of revenue

21,328

19,420

19,055

18,932

17,122

18,597

17,109

16,118

19,277

20,471

19,256

20,298

18,615

19,409

21,257

20,289

15,787

14,852

15,465

14,796

12,176

13,201

12,594

10,569

10,189

9,827

10,942

7,933

10,167

9,601

9,532

9,270

10,528

11,350

13,741

12,828