Cirrus logic, inc. (CRUS)
Income statement / Yearly
Mar'20Mar'19Mar'18Mar'17Mar'16Mar'15Mar'14Mar'13Mar'12Mar'11Mar'10
Net sales

1,281,124

1,185,524

1,532,186

1,538,940

1,169,251

916,568

714,338

809,786

426,843

369,571

220,989

Cost of sales

606,957

588,027

771,470

781,125

614,411

490,820

358,175

414,595

196,402

167,576

102,258

Gross profit

674,167

597,497

760,716

757,815

554,840

425,748

356,163

395,191

230,441

201,995

118,731

Operating expenses
Research and development

347,647

375,139

366,444

303,658

269,217

197,878

126,189

114,071

85,697

63,934

51,421

Selling, general and administrative

131,115

126,502

131,811

127,265

117,082

99,509

74,861

76,998

65,208

58,734

43,306

Acquisition related costs

-

-

-

-

-

18,137

-

-

-

-

-

Restructuring and other, net

21,925

0

0

-

-

1,455

-598

3,292

-

-

-

Asset impairment

-

-

-

9,842

0

-

-

-

-

-

-

Patent agreement and other

-

-

-

-

11,670

-

-695

-

-

4,000

1,400

Gain on sale of assets

0

4,913

0

0

-

-

-

-

-

-

-

Total operating expenses

500,687

496,728

498,255

440,765

374,629

316,979

201,147

194,361

150,905

118,668

93,327

Income from operations

173,480

100,769

262,461

317,050

180,211

108,769

155,016

200,830

79,536

83,327

25,404

Interest income

10,458

8,017

4,762

1,676

877

579

848

440

517

860

1,345

Interest expense

1,057

1,057

1,153

3,600

3,308

5,627

-

-

-

-

-

U.K. pension settlement

0

-13,768

0

0

-

-

-

-

-

-

-

Other expense

-1,615

-217

-971

-79

-1,791

-12,172

-127

-80

-70

27

-66

Income before income taxes

181,266

93,744

265,099

315,047

175,989

91,549

155,737

201,190

79,983

84,214

26,683

Provision for income taxes

21,768

3,753

103,104

53,838

52,359

36,371

47,626

64,592

-8,000

-119,289

-11,715

Net income

159,498

89,991

161,995

261,209

123,630

55,178

108,111

136,598

87,983

203,503

38,398

Change in unrealized gain (loss) on marketable securities

-

-

-

-

-

-

-

-

-8

-105

-

Comprehensive income

-

-

-

-

-

-

-

-

87,975

203,398

-

Basic earnings per share (in dollars per share)

2.74

1.50

2.55

4.12

1.96

0.88

1.72

2.12

1.35

3.00

0.59

Diluted earnings per share (in dollars per share)

2.64

1.46

2.46

3.92

1.87

0.85

1.65

2.00

1.29

2.82

0.59

Basic weighted average common shares outstanding (in shares)

58,317

60,116

63,407

63,329

63,197

62,503

62,926

64,580

64,934

67,857

65,338

Diluted weighted average common shares outstanding (in shares)

60,462

61,583

65,951

66,561

65,993

65,235

65,535

68,454

68,063

72,103

65,626