Cypress semiconductor corporation (CY)
Income statement / Quarterly
Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Jan'17Sep'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'10Sep'09Jun'09
Revenues

559,568

574,521

532,221

539,004

604,474

673,035

624,090

582,241

597,547

604,574

593,776

531,874

530,172

523,845

450,127

418,964

450,128

463,810

484,778

209,137

184,097

187,516

183,601

170,283

167,776

188,723

193,466

172,728

180,283

203,015

201,300

185,089

242,373

264,743

254,978

233,110

220,314

231,923

223,024

202,271

178,719

155,784

Costs and expenses:
Cost of Revenue

347,151

358,080

333,463

336,595

379,264

413,320

389,952

369,849

375,162

394,878

401,031

374,766

554,859

325,225

291,349

293,179

303,227

303,434

346,705

250,830

90,395

90,633

88,231

92,561

91,328

97,070

102,041

93,682

96,089

92,959

94,531

93,308

112,521

115,789

115,958

104,334

97,256

97,241

98,078

95,784

94,184

98,672

Gross profit

-

216,441

198,758

202,409

-

259,715

234,138

212,392

-

209,696

192,745

157,108

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Research and development

91,218

89,253

93,639

88,606

82,379

91,691

96,693

93,233

94,566

90,422

88,595

89,348

107,582

95,411

70,171

73,967

67,104

75,960

81,227

50,522

39,677

38,626

40,927

45,330

42,343

50,429

48,804

49,330

47,075

46,908

47,946

47,968

46,561

46,266

49,278

47,865

47,908

45,753

43,106

40,049

43,162

48,196

Selling, general and administrative

88,463

81,963

91,633

81,987

140,092

92,943

86,599

83,397

86,125

78,194

95,258

81,333

479,558

84,209

81,836

74,500

81,768

76,159

91,840

70,460

44,954

41,119

42,059

42,609

43,623

45,533

48,073

45,442

52,182

47,328

51,955

60,494

55,389

55,453

58,482

58,652

58,678

54,384

54,147

51,281

55,116

53,069

Operating Expenses

-

171,216

185,272

170,593

-

184,634

183,292

-

-

168,616

183,853

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Amortization of acquisition-related intangible assets

-

-

-

-

-

-

-

-

-

-

-

-

-

54,849

32,605

35,187

34,234

30,827

35,928

7,346

1,349

1,701

1,800

1,833

1,850

1,987

1,987

2,009

1,827

707

731

731

732

731

731

698

813

717

722

776

834

834

Costs and settlement charges related to shareholder matter

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Impairment of acquisition-related intangible assets

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

33,944

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Impairment related to assets held for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

35,259

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Goodwill impairment charge

-

-

-

-

-

-

-

-

-

-

-

-

-

0

488,504

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Restructuring costs

-

-

-

-

-

-

-

-

-

-

-

-

-

7,970

654

270

1,406

2,924

10,039

75,715

72

-238

0

-1,014

-469

3,693

693

11,440

2,975

66

989

228

933

871

3,798

734

-282

3,103

-173

327

7,335

1,089

(Gain) related to investment in Deca Technologies Inc.

-

-

-

-

-

-

-

-

-

-

-

-

-

112,774

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

(Gain) on divestiture of TrueTouch Mobile business

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

66,472

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

34,291

-

-

-

-

-

-

Total costs and expenses

-

-

-

-

-

-

-

176,630

-

-

-

170,681

565,531

490,149

965,119

511,047

487,739

422,832

565,739

454,873

176,447

171,841

173,017

181,319

178,675

198,712

201,598

201,903

201,753

187,968

196,152

202,729

216,136

219,110

228,247

177,992

204,373

201,198

195,880

188,217

200,631

201,860

Operating income

32,736

45,225

13,486

31,816

2,739

75,081

50,846

35,762

41,694

41,080

8,892

-13,573

-35,359

33,696

-514,992

-92,083

-37,611

40,978

-80,961

-245,736

7,650

15,675

10,584

-11,036

-10,899

-9,989

-8,132

-29,175

-21,470

15,047

5,148

-17,640

26,237

45,633

26,731

55,118

15,941

30,725

27,144

14,054

-21,912

-46,076

Interest expense

14,966

17,889

12,311

13,579

13,768

17,123

15,577

18,859

21,030

20,929

18,781

19,475

20,622

20,698

7,540

6,332

4,757

4,475

5,041

2,083

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other income, net

6,558

2,967

308

4,335

-6,721

2,064

1,434

705

-532

2,310

2,374

116

-3,766

3,774

224

81

1,201

-2,609

-295

-2,066

4,405

-504

239

-837

8,082

427

1,629

199

-1,750

-1,330

1

334

2,792

-1,833

-522

1,422

1,380

5,357

-1,165

730

2,492

2,115

Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Noncontrolling Interest

24,328

30,303

1,483

22,572

-17,750

60,022

36,703

17,608

20,132

22,461

-7,515

-32,932

-59,747

16,772

-522,308

-98,334

-41,167

33,894

-86,297

-249,885

6,292

15,171

10,823

-11,873

-10,929

-9,562

-6,503

-28,976

-23,220

13,717

5,149

-17,306

29,029

43,800

26,209

56,540

17,321

36,082

25,979

14,784

-19,420

-43,961

Income Tax Expense (Benefit)

5,100

16,200

-18,200

-700

-331,411

5,600

5,154

5,057

-2,731

4,500

4,504

4,927

791

3,304

-5,221

3,742

15,725

2,303

2,935

-4,003

1,814

1,231

299

-4,517

2,210

-774

-9,343

146

-

-241

517

-

-

-

-

-

-

1,709

6,337

2,110

236

1,324

Income tax provision

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,465

-

4,057

-14,433

1,350

-

34,373

19,642

-

-

-

Share in gain/ loss, net and impairment of equity method investees

73,279

-1,383

-32,405

-3,590

68,243

-3,657

-3,755

-3,461

86,614

-4,931

-4,835

-5,076

26,523

-4,233

-2,568

-2,078

11,966

-1,800

-1,459

-1,559

-1,402

-1,386

-1,367

-913

-

-471

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net Income (Loss), Including Portion Attributable to Noncontrolling Interest

20,761

12,673

-12,733

19,712

267,200

50,747

27,794

9,090

-34,024

13,030

-16,854

-42,935

-69,303

9,235

-519,655

-104,154

-59,222

29,791

-90,691

-247,441

3,076

12,554

9,157

-8,269

-14,546

-9,259

2,840

-29,122

-23,877

13,958

4,632

-19,771

31,382

39,743

40,642

55,190

8,678

34,228

19,459

12,511

-19,834

-45,463

Net loss (income) attributable to non-controlling interest, net of taxes

1

-10

-4

-2

87

52

88

12

-12

14

66

64

46

-176

-381

-132

-467

-521

-640

-643

-427

-286

-370

-335

-336

-430

-436

-643

-584

-374

-345

-311

-279

-238

-181

-184

-1,357

145

183

163

178

178

Net Income (Loss) Attributable to Parent

20,760

12,683

-12,729

19,714

267,113

50,695

27,706

9,078

-34,012

13,016

-16,920

-42,999

-69,349

9,411

-519,274

-104,022

-58,755

30,312

-90,051

-246,798

3,503

12,840

9,527

-7,934

-14,210

-8,829

3,276

-28,479

-23,293

14,332

4,977

-19,460

31,661

39,981

40,823

55,374

-

-

-

12,674

-19,656

-45,285

Earnings Per Share [Abstract]
Add: net income attributable to noncontrolling interest

1

-10

-4

-2

87

52

88

12

-12

14

66

64

-

-176

-381

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

145

183

163

178

178

Net income attributable to Cypress

20,760

12,683

-12,729

19,714

267,113

50,695

27,706

9,078

-34,012

13,016

-16,920

-42,999

-

9,411

-519,274

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

34,373

19,642

12,674

-19,656

-45,285

Earnings Per Share, Basic

0.06

0.03

-0.03

0.05

0.74

0.14

0.08

0.03

-0.10

0.04

-0.05

-0.13

-0.20

0.03

-1.65

-0.32

0.23

0.09

-0.27

-1.26

0.02

0.08

0.06

-0.05

-0.08

-0.06

0.02

-0.20

-0.16

0.10

0.03

-0.13

0.22

0.24

0.24

0.32

0.05

0.22

0.12

0.08

-0.13

-0.32

Earnings Per Share, Diluted

0.06

0.03

-0.03

0.05

0.72

0.14

0.07

0.02

-0.10

0.04

-0.05

-0.13

-0.20

0.03

-1.65

-0.32

0.24

0.08

-0.27

-1.26

0.02

0.08

0.06

-0.05

-0.08

-0.06

0.02

-0.20

-0.15

0.09

0.03

-0.13

0.19

0.22

0.21

0.28

0.05

0.18

0.10

0.07

-0.13

-0.32

Cash dividend declared per share (in dollars per share)

-

-

-

-

-

-

0.11

0.11

-

0.11

0.11

0.11

-

0.11

0.11

0.11

0.11

0.11

0.11

0.11

0.11

0.11

0.11

0.11

0.11

0.11

0.11

0.11

0.11

0.11

0.11

0.11

-

0.09

0.09

-

-

-

-

-

-

-

Shares used in net income (loss) per share calculation:
Weighted Average Number of Shares Outstanding, Basic

370,691

369,241

365,600

363,700

361,627

361,631

358,577

355,461

344,107

332,873

329,860

326,964

322,156

321,276

314,305

320,351

343,040

335,299

333,334

196,471

163,857

159,759

157,936

154,572

151,577

149,679

147,287

145,689

143,604

147,673

151,765

154,022

154,044

163,867

168,723

171,346

165,875

158,901

160,749

158,931

151,784

141,107

Weighted Average Number of Shares Outstanding, Diluted

411,706

388,243

365,600

373,131

371,887

374,266

371,967

370,592

316,669

360,311

329,860

326,964

299,714

343,718

314,305

320,351

320,682

357,657

333,334

196,471

190,975

166,481

164,460

154,572

142,602

149,679

156,262

145,689

118,137

160,300

164,605

154,022

172,079

183,282

192,276

199,943

197,556

186,718

190,342

190,892

151,784

141,107