Digi international inc. (DGII)
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'11Dec'10Jun'10
Revenue:
Total Revenue

73,447

62,317

64,960

61,166

65,764

62,313

65,118

62,272

54,548

44,955

44,811

45,739

45,615

45,175

50,454

52,130

50,162

50,259

54,173

52,055

50,401

47,218

42,084

47,885

45,882

47,322

51,369

48,824

48,197

46,991

47,248

47,632

49,016

46,662

51,836

54,274

49,716

48,334

47,238

Cost of sales:
Amortization of intangibles

-

-

-

-

-

-

-

-

-

-

-

509

312

211

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Amortization of intangibles

1,246

801

779

719

725

740

753

741

770

607

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total cost of sales

34,806

31,853

34,365

32,838

35,435

32,530

34,505

32,624

27,714

22,996

23,418

23,254

23,713

23,722

25,850

26,153

25,420

25,902

27,868

27,031

27,166

24,661

18,544

25,736

24,102

24,414

25,406

24,104

23,236

22,512

22,428

22,328

23,233

22,232

26,663

24,877

23,212

22,820

22,496

Amortization of purchased and core technology

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

642

853

848

1,024

Gross profit

38,641

30,464

30,595

28,328

30,329

29,783

30,613

29,648

26,834

21,959

21,393

22,485

21,902

21,453

24,604

25,977

24,742

24,357

26,305

25,024

23,235

22,557

23,540

22,149

21,780

22,908

25,963

24,720

24,961

24,479

24,820

25,304

25,783

24,430

27,516

28,755

25,651

24,666

23,718

Operating expenses:
Sales and marketing

14,556

12,061

11,218

11,392

11,534

11,657

11,987

11,595

11,175

9,760

8,398

8,504

8,731

8,322

8,537

8,627

8,165

8,518

8,482

8,982

9,875

10,235

8,274

9,859

10,399

10,219

9,453

10,372

10,414

10,274

8,883

9,920

10,340

10,099

10,085

10,134

9,532

9,798

9,089

Research and development

11,532

10,331

9,893

8,584

9,569

9,518

8,605

8,205

8,617

7,751

7,262

7,420

6,979

6,905

7,412

7,948

7,757

7,838

7,801

7,785

7,280

7,083

6,991

7,253

7,411

7,257

7,529

7,606

7,775

7,417

7,003

7,779

7,753

8,232

8,125

7,860

7,849

7,808

7,159

General and administrative

8,791

8,555

7,376

6,751

8,441

3,117

8,371

7,234

6,224

6,447

1,510

3,337

4,680

3,804

3,617

4,283

5,065

4,061

4,708

4,474

4,349

4,775

3,585

5,317

4,619

4,723

5,067

4,850

6,390

5,116

4,380

4,560

4,201

5,047

4,536

4,597

4,628

4,445

4,926

Restructuring charge (reversal)

38

0

0

-20

0

-67

111

190

0

0

-

2,515

-

-

0

-6

102

651

0

-9

412

0

0

0

0

81

350

0

-37

0

0

963

60

236

224

0

-20

-50

-

Total operating expenses

34,917

30,947

28,487

26,707

29,544

24,225

29,074

27,224

26,016

23,958

17,170

21,776

20,390

19,031

19,566

20,852

21,089

21,068

20,991

21,232

21,916

22,093

18,850

22,429

22,429

22,280

22,399

22,828

24,542

22,807

20,266

23,222

22,354

23,614

22,970

22,591

21,989

22,001

21,174

Operating income

3,724

-483

2,108

1,621

785

5,558

1,539

2,424

818

-1,999

4,223

709

1,512

2,422

5,038

5,125

3,653

3,289

5,314

3,792

1,319

464

4,690

-280

-649

628

3,564

1,892

419

1,672

4,554

2,082

3,429

816

4,546

6,164

3,662

2,665

2,544

Other (expense) income, net:
Interest income

50

231

176

205

144

208

102

97

38

208

222

155

120

159

164

143

130

108

80

46

54

38

49

35

49

43

50

58

50

52

72

71

74

72

64

61

69

57

94

Interest expense

1,734

432

8

0

2

92

13

5

4

3

3

2

10

33

65

100

118

8

-

4

-

-

-

-

-

-

-

0

37

-

-

0

15

-

7

26

27

26

26

Other income (expense), net

89

-236

311

-174

257

48

85

535

-527

-45

-134

-221

-143

574

-149

-359

-284

123

-117

419

1,324

388

456

-69

21

93

20

-59

438

124

-213

-192

8

147

-74

-378

-223

-12

-16

Total other (expense) income, net

-1,595

-437

479

31

399

164

174

627

-493

160

85

-68

-33

700

-50

-316

-272

223

-37

461

1,378

426

500

-34

70

136

65

-1

451

176

-149

-121

67

219

-17

-343

-181

19

52

Income before income taxes

2,129

-920

2,587

1,652

1,184

5,722

1,713

3,051

325

-1,839

4,308

641

1,479

3,122

4,988

4,809

3,381

3,512

5,277

4,253

2,697

890

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income before income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-314

-579

764

3,629

1,891

870

1,848

4,405

1,961

3,496

1,035

4,529

5,821

3,481

2,684

2,596

Income tax expense (benefit)

125

-1,128

301

4

-158

1,040

-1,627

147

451

2,648

-72

-694

148

765

1,144

532

1,155

381

1,609

1,168

1,035

-128

2,022

-213

-1,317

76

1,582

363

-130

618

1,943

-346

1,374

311

1,680

2,206

1,242

368

-1,216

Income from continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,844

4,277

2,226

3,131

3,668

3,085

1,662

1,018

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income from discontinued operations, after income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-89

3,319

-683

-589

-216

-1,357

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net Income (Loss) Attributable to Parent

2,004

208

2,286

1,648

1,342

4,682

3,340

2,904

-126

-4,487

4,380

1,335

1,331

2,357

3,844

4,277

2,137

6,450

2,985

2,496

1,446

-339

426

-101

738

688

2,047

1,528

1,000

1,230

2,462

2,307

2,122

724

2,849

3,615

2,239

2,316

3,812

Basic net income per common share:
Continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.14

0.17

0.09

0.12

0.15

0.12

0.07

0.04

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.00

0.00

0.00

0.13

-0.03

-0.02

-0.01

-0.06

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income, basic (USD per share)

0.07

0.01

0.08

0.06

0.05

0.17

0.12

0.11

0.00

-0.17

0.17

0.05

0.05

0.09

0.15

0.17

0.08

0.25

0.12

0.10

0.06

-0.01

0.01

0.00

0.03

0.03

0.07

0.06

0.04

0.05

0.10

0.09

0.08

0.03

0.12

0.14

0.09

0.09

0.15

Diluted net income per common share
Continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.14

0.16

0.09

0.12

0.14

0.12

0.07

0.04

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.01

0.00

0.00

0.13

-0.02

-0.02

-0.01

-0.06

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income, diluted (USD per share)

0.07

0.01

0.07

0.06

0.05

0.17

0.13

0.10

0.00

-0.17

0.16

0.05

0.05

0.09

0.15

0.16

0.08

0.25

0.11

0.10

0.06

-0.01

0.01

0.00

0.03

0.03

0.07

0.06

0.04

0.05

0.09

0.09

0.08

0.03

0.11

0.14

0.09

0.09

0.15

Weighted average common shares:
Basic (shares)

28,881

28,467

28,169

28,072

27,866

27,513

27,323

27,177

27,084

26,748

26,554

26,522

26,477

26,175

25,985

25,904

25,820

25,331

25,000

24,938

24,492

24,150

24,746

25,274

25,644

25,716

25,649

25,849

26,138

26,188

25,854

25,770

25,709

25,639

25,539

25,369

25,230

25,110

24,930

Diluted (shares)

29,486

29,614

29,114

28,589

28,438

28,075

29,012

27,764

27,084

26,748

27,216

26,956

27,252

26,972

26,775

26,300

25,998

26,171

25,463

25,710

25,273

24,462

25,273

25,274

26,144

26,229

25,924

26,114

26,476

26,434

26,193

26,043

26,205

26,143

26,260

25,879

25,692

25,445

25,272

Product
Revenue

65,641

54,247

63,941

47,136

58,473

54,980

64,004

51,691

47,588

38,454

43,826

40,660

41,766

43,173

48,575

50,547

48,732

48,247

52,455

50,001

48,108

44,933

46,994

43,303

40,560

41,989

44,594

42,330

43,111

43,043

-

-

-

-

-

-

-

-

-

Cost of sales excluding amortization

29,687

28,491

32,979

25,982

31,225

28,669

35,710

26,639

23,080

19,210

23,582

20,195

21,398

22,337

23,795

24,988

24,283

24,710

25,503

25,729

25,498

23,112

23,875

21,587

20,012

20,263

21,449

20,579

20,122

20,126

-

-

-

-

-

-

-

-

-

Service
Revenue

7,806

8,070

1,019

14,030

7,291

7,333

1,114

10,581

6,960

6,501

985

5,079

3,849

2,002

1,879

1,583

1,430

2,012

1,718

2,054

2,293

2,285

-4,910

4,582

5,322

5,333

6,775

6,494

5,086

3,948

-

-

-

-

-

-

-

-

-

Cost of sales excluding amortization

3,873

2,561

607

6,137

3,485

3,121

-1,958

5,244

3,864

3,179

-576

2,550

2,003

1,174

1,168

1,165

1,137

1,192

1,052

1,302

1,668

1,549

-5,331

4,149

4,090

4,151

3,957

3,525

3,114

2,386

-

-

-

-

-

-

-

-

-