Diodes inc /del/ (DIOD)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09Dec'08
Net sales

1,249,130

1,213,989

1,054,204

942,162

848,904

890,651

826,846

633,806

635,251

612,886

434,357

432,785

Cost of goods sold

783,323

778,713

697,428

655,239

600,321

613,372

589,010

472,220

441,554

388,017

313,150

300,257

Gross profit

465,807

435,276

356,776

286,923

248,583

277,279

237,836

161,586

193,697

224,869

121,207

132,528

Operating expenses
Selling, general and administrative

181,343

176,197

168,590

158,321

139,245

133,701

132,106

101,363

89,974

88,784

70,396

68,373

Research and development

88,517

86,286

77,877

69,937

57,027

52,136

48,302

33,761

27,231

26,584

23,757

21,882

Amortization of acquisition related intangible assets

18,041

18,351

18,798

20,478

8,596

7,914

8,078

5,122

4,503

6,406

4,225

3,706

Impairment of fixed assets

-

390

2,211

114

1,672

-

-

-

-

-

-

-

Impairment of goodwill

-

-

-

-

-

-

5,318

-

0

-

-

-

Impairment of long-lived assets

-

-

-

-

-

-

-

-

-

-

-

0

In-process research and development

-

-

-

-

-

-

-

-

-

-

-

7,865

Restructuring

-

206

10,137

12

-

-

1,535

-

0

-

-

4,089

Gain on disposal of fixed assets

24,429

636

245

-

-

-

-

-

-

-

-

-

Other operating (income)

-1,727

-

1

-70

59

983

-

-

-

-

-

-

Loss (gain) on sale of assets

-

-

-

-

-

-

-216

3,556

0

1,837

-

-

Total operating expense

265,199

280,794

277,367

248,932

206,481

192,768

195,555

136,690

121,708

119,937

98,378

105,915

Income from operations

200,608

154,482

79,409

37,991

42,102

84,511

42,281

24,896

71,989

104,932

22,829

26,613

Other income (expense)
Interest income

2,189

1,978

1,475

1,357

1,006

1,470

1,274

778

1,024

2,842

4,871

11,991

Interest expense

7,893

9,901

13,448

13,257

4,232

4,332

5,580

876

3,139

5,229

7,471

9,044

Gain on securities carried at fair value

-

-

-

-

400

1,364

601

7,100

-1,039

0

-

-

Foreign currency gain (loss), net

-3,700

-3,700

-8,000

2,171

1,257

-

-

-

-

-

-

-

Impairment of cost-basis investment

-

-

-

3,218

-

-

-

-

-

-

-

-

Other income

7,079

7,104

3,150

-9

62

2,979

9

-

-

-

-

-

Amortization of debt discount

-

-

-

-

-

-

-

-

6,032

7,656

8,302

10,690

Other

-

-

-

-

-

-

-

1,091

-861

-3,214

777

-9,501

Total other income (expense)

-2,362

-4,520

-16,818

-12,956

-1,507

1,481

-3,696

5,911

-8,325

-6,829

-11,679

1,758

Income before income taxes and noncontrolling interest

198,246

149,962

62,591

25,035

40,595

85,992

38,585

30,807

63,664

98,103

11,150

28,371

Income tax provision

44,131

44,556

62,325

6,558

14,082

20,359

14,481

4,825

10,157

17,839

1,302

-2,158

Net income

154,115

105,406

266

18,477

26,513

65,633

24,104

25,982

53,507

80,264

9,848

30,529

Less net (income) attributable to noncontrolling interest

865

1,385

2,071

2,542

2,239

1,955

-2,428

1,830

2,770

3,531

2,335

2,290

Net income attributable to common stockholders

153,250

104,021

-1,805

15,935

24,274

63,678

26,532

24,152

50,737

76,733

7,513

28,239

Earnings per share attributable to common stockholders:
Basic

3.02

2.09

-0.04

0.33

0.50

1.35

0.57

0.53

1.12

1.74

0.18

0.69

Diluted

2.96

2.04

-0.04

0.32

0.49

1.31

0.56

0.51

1.09

1.68

0.17

0.66

Number of shares used in earnings per share computation:
Basic

50,787

49,841

48,824

48,597

48,210

47,184

46,363

45,780

45,202

44,146

42,237

40,709

Diluted

51,860

50,935

48,824

49,789

49,500

48,594

47,658

46,899

46,713

45,546

43,449

42,638