EQUINIX, INC. EQIX Income Statement

Equinix, inc. (EQIX)

Income statement / Quarterly

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	Sep'10	Jun'10	Mar'10	Sep'09	Jun'09
Revenue
1,444,542	-	-	-	1,363,218	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Revenues
-	-	1,396,810	1,384,977	-	1,310,083	1,283,751	1,261,943	1,215,877	1,200,221	1,152,261	1,066,421	949,525	942,647	924,676	900,510	844,156	730,462	686,649	665,582	643,174	638,121	620,441	605,161	580,053	564,677	543,084	528,871	516,134	502,047	484,835	457,249	443,245	399,488	408,208	394,900	363,029	321,124	330,347	296,094	248,649	227,558	213,168
Costs and operating expenses:
Cost of revenues
736,282	725,636	704,339	698,179	682,030	670,935	660,309	651,801	622,430	619,625	582,360	522,203	468,961	465,921	470,302	456,967	427,680	351,968	325,468	315,757	298,313	313,449	304,052	292,859	287,525	269,743	268,960	267,109	258,591	251,284	250,946	225,289	217,098	199,152	219,724	215,572	194,576	171,048	185,476	162,582	133,050	126,007	118,534
Sales and marketing
180,450	160,556	161,574	159,201	169,715	161,804	157,920	154,202	159,776	153,612	157,619	141,566	128,927	113,384	110,936	107,832	106,590	88,439	83,709	81,248	78,616	81,236	72,185	75,254	67,428	67,250	61,619	59,478	58,276	55,690	53,211	47,603	46,410	44,764	42,884	37,063	33,636	31,179	31,205	28,913	19,468	15,543	16,369
General and administrative
261,597	245,504	241,812	232,656	215,046	206,146	206,902	210,489	203,157	187,816	185,336	191,355	181,399	178,956	181,239	168,462	165,904	136,829	123,237	119,578	113,640	113,684	109,354	111,675	103,303	98,466	96,874	88,632	90,818	86,065	83,290	80,595	78,316	71,399	65,873	65,681	62,601	64,657	58,640	54,166	43,155	39,071	37,456
Restructuring reversals
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4,837	-	-	-	-	-	1,295	1,587	103	496	-	1,886	4,357	-	-	-220
Transaction costs
11,530	16,545	2,991	2,774	2,471	481	-1,120	30,413	4,639	7,125	2,083	26,402	3,025	-440	12,505	15,594	36,536	17,349	13,352	9,866	1,156	1,926	-281	676	185	4,229	438	2,526	3,662	1,939	4,542	1,666	675	568	699	1,615	415	380	1,114	5,849	4,994	1,379	-
Impairment charges
0	-233	1,189	386	14,448	0	0	0	0	-	-	-	-	-	7,698	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss on asset sales
-1,199	-	463	-	0	-	6,013	-	-	-	0	-	-	-371	27,945	0	5,242	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total costs and operating expenses
1,191,058	1,104,161	1,111,442	1,093,196	1,083,710	1,039,366	1,017,998	1,046,905	990,002	968,178	927,398	881,526	782,312	758,192	754,735	748,855	731,468	594,585	545,766	526,449	491,725	510,295	485,310	480,464	458,441	439,688	427,891	412,908	411,347	404,839	391,989	355,153	342,499	317,178	330,767	320,034	291,724	267,755	278,321	255,867	200,667	182,000	172,139
Income from operations
253,484	312,974	285,368	291,781	279,508	270,717	265,753	215,038	225,875	232,043	224,863	184,895	167,213	184,455	169,941	151,655	112,688	135,877	140,883	139,133	151,449	127,826	135,131	124,697	121,612	124,989	115,193	115,963	104,787	97,208	92,846	102,096	100,746	82,310	77,441	74,866	71,305	53,369	52,026	40,227	47,982	45,558	41,029
Interest income
4,273	7,532	8,201	7,762	4,202	3,002	2,912	3,958	4,610	3,255	2,291	4,437	3,092	948	762	841	925	1,206	934	921	520	357	356	744	1,434	794	929	917	747	758	1,054	963	691	754	679	632	215	208	310	491	506	353	680
Interest expense
107,338	117,617	118,674	120,547	122,846	129,978	130,566	134,673	126,277	126,144	121,828	119,042	111,684	98,761	92,200	100,332	100,863	79,499	76,269	74,496	68,791	71,103	63,756	66,874	68,820	65,503	61,957	61,001	60,331	50,516	50,207	46,787	52,818	55,151	51,114	37,677	37,361	38,822	38,363	37,615	25,675	22,256	15,912
Other-than-temporary impairment recovery on investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	7,252	-206	0	-3,420	-	-
Other income (expense)
5,170	12,336	3,428	12,180	-166	4,498	3,744	8,866	-3,064	8,668	-1,076	1,284	337	-1,707	2,938	1,555	-60,710	-48,617	-12,836	1,386	-514	-3,051	1,811	681	678	1,959	985	2,768	-459	-717	507	-1,844	-154	1,383	-1,694	1,021	2,111	499	1,654	-1,481	20	2,484	2,610
Gain (Loss) on Extinguishment of Debt
-6,441	-52,733	315	0	-382	-12,186	1,492	-19,215	-21,491	-23,697	-22,156	-16,444	-3,503	-1,777	-9,894	-605	0	-	0	0	-	-	-	-51,183	-	-	-	-93,602	-	-	-5,204	-	-	-	-	-	-	5,356	0	1,454	3,377	-	-
Income before income taxes
149,148	162,467	178,638	191,176	160,316	136,076	143,335	73,974	79,653	-	-	-	-	83,158	71,547	53,114	-47,960	8,678	52,712	66,944	82,664	-51,778	73,542	8,065	54,904	47,340	55,150	-34,955	44,744	46,733	38,996	54,428	48,465	29,296	25,312	38,842	36,270	9,898	15,833	168	22,876	26,139	28,407
Income tax expense
30,191	37,632	57,827	47,324	42,569	26,054	18,510	6,356	16,759	28,938	2,194	9,325	13,393	19,494	22,778	13,812	-10,633	-2,053	11,580	7,485	6,212	303,325	30,581	-2,014	13,567	1,967	12,397	-9,668	11,460	15,225	12,348	17,138	13,853	12,976	5,137	8,109	11,125	-3,194	4,637	2,442	8,677	7,327	10,967
Net income from continuing operations
-	-	-	-	-	-	-	-	-	-	82,094	55,130	55,455	63,664	48,769	39,302	-37,327	10,731	41,132	59,459	76,452	-	-	-	-	-	-	-	-	31,508	26,648	37,290	34,612	-	20,175	-	-	-	-	-	-	-	-
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent
-	-	-	-	-	-	-	-	-	-	-	-	-	-1,914	2,681	5,409	6,216	0	0	0	0	-	-	-	-	-	-	-	-	6	679	350	199	-	464	-	-	-	-	-	-	-	-
Net income
118,957	124,835	120,811	143,852	117,747	110,022	124,825	67,618	62,894	-	-	-	-	-	-	-	-	-	-	-	76,452	-355,103	42,961	10,079	41,337	-	42,753	-25,287	33,284	43,366	27,327	37,640	34,811	16,865	20,639	30,733	25,145	-	11,196	-2,274	-	-	-
Net (income) loss attributable to non-controlling interests
165	-160	-39	325	-331	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	0	120	-1,249	-50	186	282	529	441	1,273	362	1,193	288	-	320	3	-	-	-	-	-	-	-
Net income attributable to Equinix
118,792	124,995	120,850	143,527	118,078	110,022	124,825	67,618	62,894	65,215	79,900	45,805	42,062	61,750	51,450	44,711	-31,111	-	41,132	59,459	-	-355,103	42,841	11,328	41,387	45,187	42,471	-25,816	32,843	42,093	26,965	36,447	34,523	18,582	20,319	30,730	25,145	13,760	11,196	-2,274	14,199	18,812	17,440
Earnings per share (EPS) attributable to Equinix:
Basic EPS from continuing operations (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	0.93	0.69	0.56	-0.55	0.14	0.72	1.04	1.35	-	-	-	-	-	-	-	-	0.62	0.54	0.75	0.74	-	0.20	-	-	-	-	-	-	-	-
Basic EPS of discontinued operations (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-0.03	0.04	0.08	0.09	0.00	0.00	0.00	0.00	-	-	-	-	-	-	-	-	0.24	0.02	0.01	0.00	-	0.01	-	-	-	-	-	-	-	-
Basic EPS (in dollars per share)
1.39	1.47	1.42	1.70	1.44	1.38	1.56	0.85	0.79	0.84	1.02	0.59	0.58	0.90	0.73	0.64	-0.46	0.14	0.72	1.04	1.35	-6.82	0.81	0.22	0.83	0.91	0.86	-0.52	0.67	0.86	0.56	0.76	0.74	0.37	0.21	0.65	0.54	0.29	0.24	-0.05	0.36	0.49	0.46
Weighted-average shares for basic EPS (in shares)
85,551	85,335	85,012	84,399	81,814	80,524	79,872	79,479	79,241	78,665	78,055	77,923	72,773	71,417	71,190	69,729	68,132	60,482	57,082	56,935	56,661	55,369	53,137	51,332	49,598	49,789	49,555	49,379	49,029	48,684	48,361	48,016	46,955	47,247	47,202	46,924	46,451	46,154	45,745	43,507	39,562	38,787	38,152
Dilutive EPS from continuing operations (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	0.93	0.68	0.56	-0.55	0.13	0.71	1.03	1.34	-	-	-	-	-	-	-	-	0.62	0.53	0.72	0.71	-	0.19	-	-	-	-	-	-	-	-
Dilutive EPS from discontinued operations (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-0.04	0.04	0.08	0.09	0.00	0.00	0.00	0.00	-	-	-	-	-	-	-	-	0.23	0.01	0.01	0.00	-	0.01	-	-	-	-	-	-	-	-
Diluted EPS (in dollars per share)
1.38	1.45	1.41	1.69	1.44	1.37	1.55	0.85	0.79	0.83	1.02	0.58	0.57	0.89	0.72	0.64	-0.46	0.13	0.71	1.03	1.34	-6.78	0.79	0.22	0.81	0.93	0.83	-0.52	0.65	0.85	0.54	0.73	0.71	0.37	0.20	0.64	0.53	0.28	0.24	-0.05	0.35	0.47	0.44
Weighted-average shares for diluted EPS (in shares)
86,144	86,288	85,571	84,767	82,090	81,104	80,283	79,752	79,649	79,546	78,719	78,508	73,367	72,860	71,908	70,364	68,132	61,498	57,708	57,499	57,227	49,160	55,238	51,652	53,386	44,024	53,581	49,379	53,480	51,197	52,655	52,351	51,061	45,766	47,943	50,664	47,219	48,266	46,676	43,507	40,791	39,887	39,318
Cash dividends declared per common share (in dollars per share)
-	-	-	-	-	-	-	-	-	-	2.00	2.00	2.00	-	1.75	1.75	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-