Control4 Corp CTRL Income Statement

Control4 corp (CTRL)

Income statement / Quarterly

Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Sep'12	Jun'12
Revenue
60,425	72,487	71,594	69,228	59,149	68,132	64,583	61,252	50,208	56,695	55,185	53,215	43,035	42,897	43,558	44,641	32,083	41,164	39,120	36,661	31,855	35,756	33,641	32,543	26,571	28,605	27,614
Cost of revenue
31,142	34,695	34,484	32,866	28,410	33,658	31,520	29,993	25,059	27,820	27,566	27,188	22,549	21,113	21,748	22,312	16,472	20,283	18,847	17,694	15,619	18,105	16,592	15,987	13,550	14,918	14,326
Cost of revenue - inventory purchase commitment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	180	-	-1,840	-
Gross margin
29,283	37,792	37,110	36,362	30,739	34,474	33,063	31,259	25,149	28,875	27,619	26,027	20,486	21,784	21,810	22,329	15,611	20,881	20,273	18,967	16,236	17,851	17,049	16,736	13,021	11,847	13,288
Operating expenses:
Research and development
11,817	11,010	11,144	10,511	10,940	10,392	10,347	10,055	9,844	9,277	9,190	9,039	8,479	8,077	8,191	8,122	7,995	6,846	6,647	7,097	6,775	6,309	6,409	6,195	6,066	5,158	5,148
Sales and marketing
13,342	12,226	13,520	12,553	12,535	11,743	12,692	11,943	11,447	10,097	10,852	11,114	10,135	8,926	8,489	7,812	7,367	6,346	6,876	6,364	6,301	5,378	5,596	5,396	5,605	5,333	5,108
General and administrative
7,117	6,865	6,913	6,328	6,293	5,513	5,109	5,587	5,717	5,030	5,407	5,059	4,813	4,226	4,220	4,288	4,621	3,537	3,530	3,440	3,688	3,551	3,002	2,948	2,828	2,471	2,663
Litigation settlement
-	-	-	-	-	-	-	-	-	75	0	0	400	-	-	-	-	-	10	35	-	-	200	240	-	2,869	-
Total operating expenses
32,276	30,101	31,577	29,392	29,768	27,648	28,148	27,585	27,008	24,479	25,449	25,212	23,827	21,250	20,900	20,222	19,983	16,731	17,063	16,936	16,764	15,238	15,207	14,779	14,499	15,831	12,919
Income (loss) from operations
-2,993	7,691	5,533	6,970	971	6,826	4,915	3,674	-1,859	4,396	2,170	815	-3,341	534	910	2,107	-4,372	4,150	3,210	2,031	-528	2,613	1,842	1,957	-1,478	-3,984	369
Other income (expense), net:
Interest, net
344	403	327	256	236	185	125	61	38	28	12	0	5	60	79	42	21	37	24	20	-19	-42	-205	-132	-75	-	-
Interest income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2	6
Interest expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	65	79
Other income (expense), net
-87	-674	-82	-425	-357	-261	79	248	-144	-281	-89	-122	-95	-313	-112	70	-410	-208	-221	63	8	-185	197	-767	26	-45	223
Total other income (expense), net
257	-271	245	-169	-121	-76	204	309	-106	-253	-77	-122	-90	-253	-33	112	-389	-171	-197	83	-11	-227	-8	-899	-49	-108	150
Income (loss) before income taxes
-2,736	7,420	5,778	6,801	850	6,750	5,119	3,983	-1,965	4,143	2,093	693	-3,431	281	877	2,219	-4,761	3,979	3,013	2,114	-539	2,386	1,834	1,058	-1,527	-4,092	519
Income tax benefit
-766	-23,103	67	161	-116	891	85	242	-2,786	785	316	169	-10,070	934	-314	178	-530	58	250	103	0	116	103	85	-56	0	0
Net income (loss)
-1,970	30,523	5,711	6,640	966	5,859	5,034	3,741	821	3,358	1,777	524	6,639	-653	1,191	2,041	-4,231	3,921	2,763	2,011	-539	2,270	1,731	973	-1,471	-4,092	519
Net income (loss) per common share:
Basic (in dollars per share)
-0.07	1.16	0.22	0.25	0.04	0.24	0.20	0.15	0.03	0.15	0.08	0.02	0.28	-0.03	0.05	0.08	-0.17	0.16	0.12	0.08	-0.02	0.41	0.12	0.39	-0.59	-1.73	0.22
Diluted (in dollars per share)
-0.07	1.11	0.21	0.24	0.04	0.22	0.19	0.14	0.03	0.13	0.07	0.02	0.28	-0.03	0.05	0.08	-0.17	0.15	0.11	0.08	-0.02	0.63	0.07	0.05	-0.59	-1.73	0.03
Weighted-average number of shares:
Basic (in shares)
26,563	26,598	26,397	26,041	25,904	25,570	25,050	24,587	24,005	23,687	23,424	23,162	23,335	23,702	24,129	24,309	24,344	24,068	23,840	23,715	23,117	23,034	14,389	2,511	2,502	2,363	2,352
Diluted (in shares)
26,563	27,472	27,671	27,267	27,526	27,933	27,122	26,388	25,657	24,994	24,530	23,930	23,986	21,988	24,856	25,296	24,344	28,206	25,590	25,671	23,117	42,636	23,556	20,358	2,502	2,363	18,971