Cree, inc. (CREE)
Income statement / TTM
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'11Dec'10Sep'10Jun'10Mar'10Dec'09Sep'09
Revenue, net

949,400

1,007,900

1,048,500

1,079,900

1,094,500

1,045,700

1,133,070

1,219,268

610,906

727,211

760,667

771,500

1,588,463

1,613,877

1,606,309

1,616,627

1,524,383

1,566,983

1,586,382

1,632,505

1,686,638

1,682,378

1,684,307

1,647,641

1,586,360

1,530,035

1,461,235

1,385,982

1,317,732

1,253,599

1,211,431

1,164,658

1,100,926

1,035,293

988,158

987,615

1,009,187

1,024,102

966,594

867,287

0

0

0

Cost of revenue, net

663,200

682,600

681,600

688,900

704,600

681,437

779,704

863,870

435,680

540,772

526,264

527,500

1,092,176

1,094,633

1,116,498

1,129,553

1,120,852

1,147,337

1,141,091

1,158,586

1,127,664

1,098,558

1,081,488

1,029,885

989,106

949,765

903,267

862,722

828,294

797,758

783,948

755,196

705,664

648,049

584,886

551,842

535,064

529,168

498,736

456,180

0

0

0

Gross profit

286,200

325,300

366,900

391,000

389,900

364,263

353,366

355,398

175,226

186,439

234,403

244,000

496,287

519,244

489,811

487,074

403,531

419,646

445,291

473,919

558,974

583,820

602,819

617,756

597,254

580,270

557,968

523,260

489,438

455,841

427,483

409,462

395,262

387,244

403,272

435,773

474,123

494,934

467,858

411,107

0

0

0

Operating expenses:
Research and development

178,400

172,400

165,300

157,900

0

0

121,741

127,300

107,287

117,594

115,711

113,800

181,975

182,395

176,065

168,848

151,425

153,377

168,803

182,797

186,114

188,917

186,364

181,382

172,170

164,580

160,085

155,889

153,445

150,557

146,502

143,357

136,490

131,358

124,705

115,035

106,523

95,873

85,965

81,407

0

0

0

Sales, general and administrative

217,100

218,000

214,400

200,700

0

0

151,236

170,300

110,235

131,769

140,206

145,700

293,650

289,974

281,338

283,052

279,341

286,712

291,210

290,730

284,798

278,306

273,874

268,460

259,285

256,057

248,214

236,581

227,188

215,122

204,198

197,092

183,922

171,451

155,641

139,304

137,645

128,996

121,190

115,601

0

0

0

Amortization or impairment of acquisition-related intangibles

14,800

15,000

15,300

15,600

0

0

0

7,200

-2,207

4,639

3,784

3,400

29,184

28,140

28,671

28,732

26,732

26,163

26,190

26,220

29,931

30,439

31,200

31,988

29,515

29,977

30,440

30,823

30,722

30,371

30,019

26,274

21,331

16,656

11,995

10,776

11,150

11,502

11,841

12,180

0

0

0

Loss on disposal or impairment of other assets

-1,100

-6,100

-5,300

-4,700

0

0

0

-8,400

-6,234

-7,846

-4,301

-1,800

-6,978

-6,374

-7,672

-16,913

-55,557

-57,120

-55,840

-47,722

-4,550

-3,455

-3,480

-2,690

-2,869

-3,368

-3,232

-3,473

-3,778

-3,731

-3,604

-3,481

-2,734

-2,323

-2,255

-1,952

-1,758

-4,639

-4,320

-4,141

0

0

0

Other operating expense

-45,500

-45,800

-32,200

-28,000

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Goodwill, Impairment Loss

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss on Contract Termination

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total operating expenses

-

-

-

-

-

-

-

-

424,817

450,392

0

-

499,287

506,883

493,746

497,545

513,055

523,372

542,043

547,469

505,393

501,117

494,918

484,520

463,839

453,982

441,971

426,766

415,133

399,781

384,323

370,204

344,477

321,788

294,596

267,067

257,076

241,010

223,316

213,329

0

0

0

Operating (loss) income

-170,700

-132,000

-65,600

-15,900

0

0

-3,092

-28,000

-60,447

-74,809

-28,999

-20,100

-3,000

12,361

-3,935

-10,471

-109,524

-103,726

-96,752

-73,550

53,581

82,703

107,901

133,236

133,415

126,288

115,997

96,494

74,305

56,060

43,160

39,258

50,785

65,456

108,676

168,706

217,047

253,924

244,542

197,778

0

0

0

Non-operating expense, net

-13,400

-7,300

-18,000

-29,300

0

0

1,768

10,400

23,714

43,579

12,090

13,000

5,982

-3,166

9,610

-13,035

-28,225

-29,808

-36,096

-10,389

7,688

11,706

13,381

13,295

12,058

11,418

10,496

11,063

8,702

6,079

0

-

0

0

-

-

-

-

-

-

-

-

-

Loss before income taxes

-184,100

-139,300

-83,600

-45,200

0

0

0

-17,600

-36,733

-31,230

-16,909

-7,100

2,982

9,195

5,675

-23,506

-137,749

-133,534

-132,848

-83,939

61,269

94,409

121,282

146,531

145,473

137,706

126,493

107,557

84,257

65,683

51,991

47,647

60,658

75,422

119,186

178,227

225,313

262,083

252,429

205,472

0

0

0

Gain on sale of investments, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

Other non-operating income, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

267

205

101

294

0

0

0

Interest income, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

8,000

7,955

7,786

7,400

0

0

0

Income tax (benefit) expense

2,200

7,900

11,300

12,700

0

0

-3,997

-1,200

-24,580

69,773

91,630

81,000

100,577

7,625

909

-1,970

-33,128

-29,237

-31,290

-19,247

8,364

13,816

17,159

23,041

22,889

21,129

25,194

20,632

15,548

9,642

4,275

3,235

6,464

11,836

17,903

31,727

45,773

56,794

63,129

53,182

0

0

0

Net loss from continuing operations

-186,300

-147,200

-94,900

-57,900

-52,200

0

0

0

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income from discontinued operations, net of tax

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net loss from discontinued operations

-99,200

-304,600

-306,900

-317,200

-222,400

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Discontinued Operation, Income (Loss) from Discontinued Operation During Phase-out Period, Net of Tax

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net loss

-285,500

-451,800

-401,800

-375,100

-274,600

-287,433

-271,181

-279,954

-252,523

-111,003

-118,539

-98,100

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income attributable to noncontrolling interest

400

300

0

0

100

44

75

59

59

15

-16

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net loss attributable to controlling interest

-285,900

-452,100

-401,800

-375,100

-274,700

-287,477

-271,256

-280,013

-252,582

-111,018

-118,523

-98,100

-102,872

-3,707

3,519

-21,536

-99,344

-99,020

-100,311

-64,692

52,905

80,593

104,123

123,490

122,584

116,577

101,299

86,925

68,709

56,041

47,716

44,412

54,194

63,586

101,283

146,500

179,540

205,289

189,300

152,290

0

0

0

Discontinued Operation, Income (Loss) from Discontinued Operation, Net of Tax, Per Basic Share

-

-

-

-

-

-

-

-

-2.30

-

-

-

-

-

-

-

-

0.04

0.01

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

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

-0.57

-0.49

-0.35

-

-0.22

0.00

-0.01

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net loss attributable to controlling interest (USD per share)

-0.57

-0.49

-0.35

-

-2.20

-0.02

-0.11

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Weighted average shares - basic and diluted (shares)

108,115

107,925

107,113

-

103,659

102,871

101,884

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Continuing operations attributable to controlling interest - basic (USD per share)

-

-

-

-0.33

-

-

-

-0.29

-0.10

-

-

-

-

-

-

-

-

0.09

-0.25

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

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

-

-

-

-1.26

-

-

-

-0.33

-2.40

0.14

-0.20

-0.05

-1.02

0.06

0.01

-0.10

0.00

0.13

-0.24

-0.77

0.00

0.11

0.09

0.23

0.23

0.30

0.26

0.24

0.19

0.18

0.14

0.10

0.08

0.10

0.11

0.18

0.17

0.46

0.54

0.52

0.42

0.32

0.23

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

-

-

-

-0.33

-

-

-

-0.29

-0.10

-

-

-

-

-

-

-

-

0.09

-0.25

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

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

-

-

-

-1.26

-

-

-

-0.33

-2.40

0.14

-0.20

-0.05

-1.02

0.06

0.01

-0.10

0.00

0.13

-0.24

-0.76

0.00

0.10

0.09

0.23

0.23

0.29

0.25

0.23

0.19

0.18

0.14

0.10

0.08

0.10

0.11

0.18

0.17

0.45

0.53

0.49

0.41

0.32

0.23

Discontinued Operation, Income (Loss) from Discontinued Operation, Net of Tax, Per Diluted Share

-

-

-

-

-

-

-

-

-2.30

-

-

-

-

-

-

-

-

0.04

0.01

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Weighted average shares (in thousands)
Basic (shares)

-

-

-

-

-

-

-

100,985

100,140

99,184

97,811

97,576

97,346

98,467

100,559

100,662

100,606

102,391

103,473

106,557

110,662

115,264

119,605

120,461

121,535

120,932

119,564

118,298

116,682

115,965

115,539

115,729

115,641

115,536

111,866

109,075

108,948

108,364

107,701

107,366

106,367

104,591

91,160

Diluted (shares)

-

-

-

-

-

-

-

99,406

100,140

100,763

97,811

97,313

97,346

98,730

100,559

99,917

101,221

102,521

103,473

103,510

111,590

115,845

121,143

122,393

123,695

123,204

122,364

120,938

118,608

116,410

115,960

116,400

116,074

115,883

112,543

110,224

110,323

109,976

109,617

110,854

108,601

106,607

92,730