Cree, inc. (CREE)
Income statement / Yearly
Jun'19Jun'18Jun'17Jun'16Jun'15Jun'14Jun'13Jun'12Jun'11Jun'10Jun'09
Revenue, net

1,080,000

924,900

771,500

1,616,627

1,632,505

1,647,641

1,385,982

1,164,658

987,615

867,287

567,255

Cost of revenue, net

689,000

622,900

527,500

1,129,553

1,158,586

1,029,885

862,722

755,196

551,842

456,180

355,349

Gross profit

391,000

302,000

244,000

487,074

473,919

617,756

523,260

409,462

435,773

411,107

211,906

Operating expenses:
Research and development

157,900

127,300

113,800

168,848

182,797

181,382

155,889

143,357

115,035

81,407

71,363

Sales, general and administrative

200,700

170,300

145,700

283,052

290,730

268,460

236,581

197,092

139,304

115,601

86,929

Amortization or impairment of acquisition-related intangibles

15,600

7,200

3,400

28,732

26,220

31,988

30,823

26,274

10,776

12,180

16,248

Loss on disposal or impairment of other assets

-4,700

-8,400

-1,800

-16,913

-47,722

-2,690

-3,473

-3,481

-1,952

-4,141

-6,776

Other operating expense

-28,000

-16,800

600

-

-

-

-

-

-

-

-

Goodwill, Impairment Loss

-

-

-

0

-

-

-

-

-

-

-

Loss on Contract Termination

-

-

-

0

0

-

-

-

-

-

-

Total operating expenses

-

-

-

497,545

547,469

484,520

426,766

370,204

267,067

213,329

181,316

Operating (loss) income

-15,900

-28,000

-20,100

-10,471

-73,550

133,236

96,494

39,258

168,706

197,778

30,590

Non-operating expense, net

-29,300

10,400

13,000

-13,035

-10,389

13,295

11,063

8,389

9,521

-

-

Loss before income taxes

-45,200

-17,600

-7,100

-23,506

-83,939

146,531

107,557

47,647

178,227

205,472

39,667

Other non-operating income, net

-

-

-

-

-

-

-

-

-

294

281

Interest income, net

-

-

-

-

-

-

-

-

-

7,400

8,796

Income tax (benefit) expense

12,700

-1,200

81,000

-1,970

-19,247

23,041

20,632

3,235

31,727

53,182

9,017

Net loss from continuing operations

-57,900

-16,400

-88,100

-

-

-

-

-

-

-

30,650

Net loss from discontinued operations

-317,200

-263,500

-10,000

-

-

-

-

-

-

-

-325

Net loss

-375,100

-279,900

-98,100

-21,536

-

-

-

-

-

-

-

Net income attributable to noncontrolling interest

0

100

0

0

-

-

-

-

-

-

-

Net loss attributable to controlling interest

-375,100

-280,000

-98,100

-21,536

-64,692

123,490

86,925

44,412

146,500

152,290

30,325

Basic and diluted loss per share
Continuing operations attributable to controlling interest - basic (USD per share)

-0.56

-0.17

-0.89

-

-

-

-

-

-

-

0.35

Loss from discontinued operations

-

-

-

-

-

-

-

-

-

-

0.01

Net loss attributable to controlling interest - basic (USD per share)

-3.62

-2.81

-1.00

-0.21

-0.57

1.02

0.75

0.39

1.35

1.49

0.34

Diluted loss per share
Continuing operations attributable to controlling interest - diluted (USD per share)

-0.56

-0.17

-0.89

-

-

-

-

-

-

-

0.34

Net loss attributable to controlling interest - diluted (USD per share)

-3.62

-2.81

-1.00

-0.21

-0.57

1.00

0.74

0.39

1.33

1.45

0.34

Weighted average shares (in thousands)
Basic (shares)

103,576

99,530

98,487

101,783

113,022

120,623

116,621

114,693

108,522

102,371

88,263

Diluted (shares)

103,576

99,530

98,487

101,783

113,022

122,914

117,979

115,225

110,035

104,698

89,081