Cryolife inc. (CRY)
Income statement / Quarterly
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'11Sep'10Jun'10
Revenues:
Other

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

8

63

115

137

179

188

167

75

111

93

157

112

Total revenues

66,429

69,697

67,881

71,139

67,505

67,799

64,598

68,496

61,948

52,826

43,999

47,818

45,059

45,029

45,252

47,083

43,016

39,838

36,703

35,526

33,831

37,151

37,069

34,690

35,731

35,457

36,250

33,520

35,536

32,800

33,429

33,188

32,301

30,397

29,654

29,379

30,196

28,443

29,263

Cost of products and preservation services:
Total cost of products and preservation services

22,258

23,145

22,659

24,173

23,232

22,608

21,884

22,645

22,720

16,463

14,137

14,913

15,547

13,834

15,470

16,782

15,395

13,322

13,721

13,972

14,164

14,516

13,270

12,306

13,258

13,175

12,901

12,041

12,260

11,755

12,119

11,817

11,009

11,022

10,742

10,326

11,692

13,221

11,494

Gross margin

44,171

46,552

45,222

46,966

44,273

45,191

42,714

45,851

39,228

36,363

29,862

32,905

29,512

31,195

29,782

30,301

27,621

26,516

22,982

21,554

19,667

22,635

23,799

22,384

22,473

22,282

23,349

21,479

23,276

21,045

21,310

21,371

21,292

19,375

18,912

19,053

18,504

15,222

17,769

Operating expenses:
General, administrative, and marketing

39,002

37,609

34,259

34,623

36,520

35,628

32,871

34,727

37,348

30,195

24,756

23,389

22,871

22,246

20,592

22,436

26,274

19,139

17,494

19,327

18,969

18,638

18,882

17,959

18,275

16,671

16,532

16,932

17,977

16,775

16,533

13,871

17,970

14,626

14,726

13,659

14,291

11,376

11,670

Research and development

6,356

5,312

6,259

5,841

5,548

6,784

5,225

5,719

5,370

6,363

4,277

4,728

4,093

3,844

3,714

3,279

2,609

2,540

2,960

2,684

2,252

2,092

1,902

2,203

2,502

2,478

2,252

1,736

1,988

2,065

1,829

1,670

1,693

1,800

1,690

1,643

1,766

1,590

1,240

Acquired in-process research and development

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,513

-

Total operating expenses

45,358

42,921

40,518

40,464

42,068

42,412

38,096

40,446

42,718

36,558

29,033

28,117

26,964

26,090

24,306

25,715

28,883

21,679

20,454

22,011

21,221

20,730

20,784

20,162

20,777

19,149

18,784

18,668

19,965

18,840

18,362

15,541

19,663

16,426

16,416

15,302

16,057

16,479

12,910

Gain from sale of business components

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

7,915

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating (loss) income

-1,187

3,631

4,704

6,502

2,205

2,779

4,618

5,405

-3,490

-195

829

4,788

2,548

5,105

5,476

4,586

6,653

4,837

2,528

-457

-1,554

1,905

3,015

2,222

1,696

3,133

4,565

2,811

3,311

2,205

2,948

5,830

1,629

2,949

2,496

3,751

2,447

-1,257

4,859

Interest expense

3,388

3,626

3,555

3,811

3,894

3,925

4,104

4,103

3,656

2,395

851

834

801

787

742

797

717

-44

-78

30

30

65

65

-16

61

-88

55

54

50

20

42

52

65

26

49

37

30

29

65

Interest income

102

130

259

233

116

85

52

30

59

53

64

55

40

24

18

18

12

16

14

12

3

1

1

45

3

1

1

0

2

2

1

1

2

1

1

3

9

6

6

Gain on sale of Medafor investment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

891

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other than temporary investment impairment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,638

-

Gain on valuation of derivative

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

143

385

Other expense, net

-3,662

1,412

-2,400

-185

-77

-398

1,542

-1,466

181

190

-21

134

-43

-583

-21

58

109

-280

238

-250

-192

-746

-4

111

99

146

121

-22

-219

395

-283

-174

15

-61

-159

62

109

187

-111

Loss before income taxes

-8,135

1,547

-992

2,739

-1,650

-1,459

2,108

-134

-6,906

-2,347

21

4,143

1,744

3,759

4,731

3,865

6,057

4,617

2,858

166

-1,773

1,625

2,947

2,394

1,737

12,881

4,632

2,735

3,044

2,242

2,624

5,605

1,581

2,863

2,289

3,779

2,535

-4,588

5,074

Income tax benefit

-1,470

2,228

-858

-93

-1,353

-683

543

-360

-3,051

660

-1,304

980

-479

862

1,738

1,518

3,516

1,981

713

668

-1,499

-151

621

233

678

3,855

1,463

950

852

159

1,086

2,271

590

997

270

1,959

869

-1,557

2,148

Net loss

-6,665

-681

-134

2,832

-297

-776

1,565

226

-3,855

-3,007

1,325

3,163

2,223

2,897

2,993

2,347

2,541

2,636

2,145

-502

-274

1,776

2,326

2,161

1,059

9,026

3,169

1,785

2,192

2,083

1,538

3,334

991

1,866

2,019

1,820

1,666

-3,031

2,926

Loss per common share:
Basic

-0.18

-0.02

0.00

0.08

-0.01

-0.02

0.04

0.01

-0.11

-0.09

0.04

0.09

0.07

0.09

0.09

0.07

0.08

0.09

0.08

-0.02

-0.01

0.06

0.08

0.08

0.04

0.34

0.11

0.06

0.08

0.07

0.06

0.12

0.04

0.07

0.07

0.06

0.06

-0.11

0.10

Diluted

-0.18

-0.01

0.00

0.07

-0.01

-0.02

0.04

0.01

-0.11

-0.08

0.04

0.09

0.06

0.08

0.09

0.07

0.08

0.10

0.07

-0.02

-0.01

0.05

0.08

0.08

0.04

0.32

0.11

0.06

0.08

0.06

0.06

0.12

0.04

0.07

0.07

0.06

0.06

-0.11

0.10

Dividends declared per common share

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.03

0.03

0.03

0.03

0.03

0.03

0.03

0.02

0.02

0.02

0.02

0.02

-

0.02

-

-

-

-

-

-

-

-

Weighted-average common shares outstanding:
Basic

37,390

37,283

37,255

37,156

36,778

36,658

36,526

36,318

36,146

34,042

32,887

32,664

32,439

32,230

32,151

32,010

31,029

27,917

27,823

27,713

27,523

27,271

27,367

27,502

27,376

26,838

26,985

26,856

26,861

27,014

26,810

26,864

27,180

27,471

27,523

27,385

27,385

27,783

28,246

Diluted

37,390

39,569

37,255

37,838

36,778

34,643

37,610

37,249

36,146

35,177

34,057

33,814

33,604

33,588

33,165

32,764

31,771

30,336

28,596

27,713

27,523

28,204

28,268

28,317

28,463

28,236

27,699

27,369

27,488

27,727

27,210

27,177

27,530

27,721

27,850

27,745

27,720

27,783

28,483

Other comprehensive income (loss)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-31

-332

-96

-

-349

342

-117

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net loss

-6,665

-681

-134

2,832

-297

-776

1,565

226

-3,855

-3,007

1,325

3,163

2,223

-

2,993

2,347

-

-

-

-

-

-

-

-

-

-

3,169

1,785

2,192

-

1,538

3,334

991

1,866

2,019

1,820

1,666

-3,031

2,926

Other comprehensive (loss) income:
Foreign currency translation adjustments

-4,463

6,286

-8,017

2,995

-3,781

-2,789

-514

-11,765

7,139

1,704

217

129

236

-

-

-

-

-

-

-

-

-54

-80

41

-35

8

17

54

-33

-61

20

6

2

21

-5

-6

16

-

-

Comprehensive loss

-11,128

5,605

-8,151

5,827

-4,078

-3,565

1,051

-11,539

3,284

-1,303

1,542

3,292

2,459

3,003

2,962

2,015

2,445

2,805

1,796

-160

-391

1,722

2,246

2,202

1,024

9,034

3,186

1,839

2,159

2,022

1,558

3,340

993

1,887

2,014

1,814

1,682

-

-

Products [Member]
Total revenues

46,420

50,193

47,484

51,168

48,401

49,331

45,152

49,313

43,598

35,112

27,029

30,094

27,396

28,925

28,004

30,045

27,018

23,913

19,859

19,918

19,391

21,673

20,405

20,350

19,455

19,370

18,833

18,195

19,796

17,453

16,893

16,696

16,454

15,455

14,923

14,580

14,429

13,175

14,146

Total cost of products and preservation services

13,040

14,001

12,706

14,489

13,826

13,606

12,459

13,550

14,157

8,602

6,220

6,959

8,017

6,734

6,598

7,698

7,003

5,108

4,278

4,244

5,033

5,068

4,167

4,131

3,801

4,417

3,544

3,721

3,465

3,080

3,114

2,673

2,513

2,391

2,393

2,162

2,496

4,310

2,481

Preservation Services [Member]
Total revenues

20,009

19,504

20,397

19,971

19,104

18,468

19,446

19,183

18,350

17,714

16,970

17,724

17,663

16,104

17,248

17,038

15,998

15,925

16,844

15,608

14,440

15,478

16,664

14,340

16,276

16,087

17,417

15,317

15,677

15,232

16,399

16,313

15,659

14,775

14,656

14,688

15,674

15,111

15,005

Total cost of products and preservation services

9,218

9,144

9,953

9,684

9,406

9,002

9,425

9,095

8,563

7,861

7,917

7,954

7,530

7,100

8,872

9,084

8,392

8,214

9,443

9,728

9,131

9,448

9,103

8,175

9,457

8,758

9,357

8,320

8,795

8,675

9,005

9,144

8,496

8,631

8,349

8,164

9,196

8,911

9,013