DIGI INTERNATIONAL INC. DGII Income Statement

Digi international inc. (DGII)

Income statement / TTM

Mar'20	Dec'19	Sep'19	Jun'19	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	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Jun'10
Revenue:
Total Revenue
261,890	254,207	254,203	254,361	255,467	244,251	226,893	206,586	190,053	181,120	181,340	186,983	193,374	197,921	203,005	206,724	206,649	206,888	203,847	191,758	187,588	183,069	183,173	192,458	193,397	195,712	195,381	191,260	190,068	190,887	190,558	195,146	201,788	202,488	204,160	199,562	0	0	0
Cost of sales:
Amortization of intangibles
-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of intangibles
3,545	3,024	2,963	2,937	2,959	3,004	2,871	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total cost of sales
133,862	134,491	135,168	135,308	135,094	127,373	117,839	106,752	97,382	93,381	94,107	96,539	99,438	101,145	103,325	105,343	106,221	107,967	106,726	97,402	96,107	93,043	92,796	99,658	98,026	97,160	95,258	92,280	90,504	90,501	90,221	94,456	97,005	96,984	97,572	93,405	0	0	0
Amortization of purchased and core technology
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,367	0	0	0
Gross profit
128,028	119,716	119,035	119,053	120,373	116,878	109,054	99,834	92,671	87,739	87,233	90,444	93,936	96,776	99,680	101,381	100,428	98,921	97,121	94,356	91,481	90,026	90,377	92,800	95,371	98,552	100,123	98,980	99,564	100,386	100,337	103,033	106,484	106,352	106,588	102,790	0	0	0
Operating expenses:
Sales and marketing
49,227	46,205	45,801	46,570	46,773	46,414	44,517	40,928	37,837	35,393	33,955	34,094	34,217	33,651	33,847	33,792	34,147	35,857	37,574	37,366	38,243	38,767	38,751	39,930	40,443	40,458	40,513	39,943	39,491	39,417	39,242	40,444	40,658	39,850	39,549	38,553	0	0	0
Research and development
40,340	38,377	37,564	36,276	35,897	34,945	33,178	31,835	31,050	29,412	28,566	28,716	29,244	30,022	30,955	31,344	31,181	30,704	29,949	29,139	28,607	28,738	28,912	29,450	29,803	30,167	30,327	29,801	29,974	29,952	30,767	31,889	31,970	32,066	31,642	30,676	0	0	0
General and administrative
31,473	31,123	25,685	26,680	27,163	24,946	28,276	21,415	17,518	15,974	13,331	15,438	16,384	16,769	17,026	18,117	18,308	17,592	18,306	17,183	18,026	18,296	18,244	19,726	19,259	21,030	21,423	20,736	20,446	18,257	18,188	18,344	18,381	18,808	18,206	18,596	0	0	0
Restructuring charge (reversal)
18	-20	-87	24	234	234	301	2,705	0	0	-	0	-	-	747	747	744	1,054	403	403	412	0	81	431	431	394	313	-37	926	1,023	1,259	1,483	520	440	154	0	0	0	-
Total operating expenses
121,058	115,685	108,963	109,550	110,067	106,539	106,272	94,368	88,920	83,294	78,367	80,763	79,839	80,538	82,575	84,000	84,380	85,207	86,232	84,091	85,288	85,801	85,988	89,537	89,936	92,049	92,576	90,443	90,837	88,649	89,456	92,160	91,529	91,164	89,551	87,755	0	0	0
Operating income
6,970	4,031	10,072	9,503	10,306	10,339	2,782	5,466	3,751	4,445	8,866	9,681	14,097	16,238	17,105	17,381	16,048	13,714	10,889	10,265	6,193	4,225	4,389	3,263	5,435	6,503	7,547	8,537	8,727	11,737	10,881	10,873	14,955	15,188	17,037	15,035	0	0	0
Other (expense) income, net:
Interest income
662	756	733	659	551	445	445	565	623	705	656	598	586	596	545	461	364	288	218	187	176	171	176	177	200	201	210	232	245	269	289	281	271	266	251	281	0	0	0
Interest expense
2,174	442	102	107	112	114	25	15	12	18	48	110	208	316	291	230	0	0	-	0	-	-	-	-	-	-	-	0	0	-	-	0	0	-	86	105	0	0	0
Other income (expense), net
-10	158	442	216	925	141	48	-171	-927	-543	76	61	-77	-218	-669	-637	141	1,749	2,014	2,587	2,099	796	501	65	75	492	523	290	157	-273	-250	-111	-297	-528	-687	-629	0	0	0
Total other (expense) income, net
-1,522	472	1,073	768	1,364	472	468	379	-316	144	684	549	301	62	-415	-402	375	2,025	2,228	2,765	2,270	962	672	237	270	651	691	477	357	-27	16	148	-74	-322	-522	-453	0	0	0
Income before income taxes
5,448	4,503	11,145	10,271	11,670	10,811	3,250	5,845	3,435	4,589	9,550	10,230	14,398	16,300	16,690	16,979	16,423	15,739	13,117	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income before income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,500	5,705	7,154	8,238	9,014	9,084	11,710	10,897	11,021	14,881	14,866	16,515	14,582	0	0	0
Income tax expense (benefit)
-698	-981	1,187	-741	-598	11	1,619	3,174	2,333	2,030	147	1,363	2,589	3,596	3,212	3,677	4,313	4,193	3,684	4,097	2,716	364	568	128	704	1,891	2,433	2,794	2,085	3,589	3,282	3,019	5,571	5,439	5,496	2,600	0	0	0
Income from continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	13,478	13,302	12,110	11,546	9,433	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income from discontinued operations, after income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,230	2,547	1,958	1,831	-2,845	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Income (Loss) Attributable to Parent
6,146	5,484	9,958	11,012	12,268	10,800	1,631	2,671	1,102	2,559	9,403	8,867	11,809	12,615	16,708	15,849	14,068	13,377	6,588	4,029	1,432	724	1,751	3,372	5,001	5,263	5,805	6,220	6,999	8,121	7,615	8,002	9,310	9,427	11,019	11,982	0	0	0
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
230,965	223,797	224,530	224,593	229,148	218,263	201,737	181,559	170,528	164,706	169,425	174,174	184,061	191,027	196,101	199,981	199,435	198,811	195,497	190,036	183,338	175,790	172,846	170,446	169,473	172,024	173,078	0	0	0	-	-	-	-	-	-	-	-	-
Cost of sales excluding amortization
117,139	118,677	118,855	121,586	122,243	114,098	104,639	92,511	86,067	84,385	87,512	87,725	92,518	95,403	97,776	99,484	100,225	101,440	99,842	98,214	94,072	88,586	85,737	83,311	82,303	82,413	82,276	0	0	0	-	-	-	-	-	-	-	-	-
Service
Revenue
30,925	30,410	29,673	29,768	26,319	25,988	25,156	25,027	19,525	16,414	11,915	12,809	9,313	6,894	6,904	6,743	7,214	8,077	8,350	1,722	4,250	7,279	10,327	22,012	23,924	23,688	22,303	0	0	0	-	-	-	-	-	-	-	-	-
Cost of sales excluding amortization
13,178	12,790	13,350	10,785	9,892	10,271	10,329	11,711	9,017	7,156	5,151	6,895	5,510	4,644	4,662	4,546	4,683	5,214	5,571	-812	2,035	4,457	7,059	16,347	15,723	14,747	12,982	0	0	0	-	-	-	-	-	-	-	-	-