Exelixis, inc. (EXEL)
Income statement / Quarterly
Apr'20Jan'20Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Jan'16Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Sep'10Jun'10
Revenues:
Revenue from contract with customer

226,915

240,310

271,703

240,275

215,487

228,602

225,397

186,108

213,719

120,072

152,510

99,008

80,887

77,581

62,194

36,252

15,427

9,938

9,854

7,992

9,388

-

6,291

-

-

4,347

5,466

11,856

9,669

7,814

13,313

7,813

18,510

93,309

128,272

32,162

35,893

54,474

47,596

License and contract revenues

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

695

7,813

7,813

7,814

13,313

7,813

18,510

-

-

-

-

-

-

License

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

122,703

22,492

22,789

24,542

24,542

Collaboration reimbursement

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

545

1,343

694

18,067

10,746

Operating expenses:
Cost of goods sold

9,289

10,520

7,537

7,539

7,501

7,352

7,360

5,997

5,639

4,191

4,658

3,014

3,203

1,852

2,455

1,560

685

1,023

1,420

686

766

684

573

477

309

263

290

285

280

0

0

0

0

-

-

-

-

-

-

Research and development

101,877

94,448

97,295

81,932

63,289

57,271

44,741

42,488

37,757

32,204

28,543

28,214

23,210

23,801

20,256

22,984

28,926

23,472

26,091

24,506

22,282

39,650

43,628

50,976

54,847

49,597

47,354

49,077

32,735

32,492

30,680

32,610

33,096

30,779

37,465

42,901

45,691

49,388

54,237

Selling, general and administrative

62,940

58,026

51,265

58,815

60,138

52,377

48,120

51,853

54,016

46,246

38,129

40,667

34,288

13,002

32,463

35,823

34,857

17,143

17,842

12,789

9,531

9,766

9,906

16,466

14,691

13,635

13,598

13,180

10,545

9,829

7,343

6,760

7,905

7,010

8,171

8,783

9,165

8,952

9,571

Total operating expenses

174,106

-

-

-

130,928

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Restructuring (recovery) charge

-

-

-

-

-

-

-

-

-

-

-

-

-

43

-244

1,021

94

-100

282

1,291

-431

3,461

3,758

331

46

366

137

609

119

7,467

733

1,166

-195

3,946

2,937

-1,514

4,767

339

9,419

Total operating expenses

-

-

156,097

148,286

-

117,000

100,221

100,338

97,412

82,641

71,330

71,895

60,701

38,698

54,930

61,388

64,562

41,538

45,635

39,272

32,148

53,561

57,865

68,250

69,893

63,861

61,379

63,151

43,679

49,788

38,756

40,536

40,806

41,735

48,573

50,170

59,623

58,679

73,227

Income from operations

52,809

77,316

115,606

91,989

84,559

111,602

125,176

85,770

116,307

37,431

81,180

27,113

20,186

38,883

7,264

-25,136

-49,135

-31,600

-35,781

-31,280

-22,760

-46,208

-51,574

-61,688

-64,988

-59,514

-55,913

-51,295

-34,010

-41,974

-25,443

-32,723

-22,296

51,574

79,699

-18,008

-23,730

-4,205

-25,631

Other income (expense), net:
Interest income

7,220

7,706

7,191

6,975

6,087

4,741

3,507

2,697

1,895

1,386

1,133

1,251

1,113

-

-

-

-

-

-

-

-

-

1,296

359

2,131

293

219

373

338

1,168

318

340

160

-16

98

1,197

183

-376

393

Interest expense

-

-

-

-

-

-

-

-

-

0

0

4,259

4,420

4,485

7,834

10,451

10,290

6,281

10,037

11,959

12,403

5,237

12,282

12,081

11,762

11,621

11,430

11,239

11,057

11,313

7,679

4,092

4,004

4,010

4,142

4,164

3,943

4,094

673

Other income, net

6

-8

-140

803

25

29

271

-72

169

101

2,275

-5,868

-45

-15,626

3,059

749

202

-527

276

-123

-7

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-4,470

3,017

Loss on extinguishment of debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-13,773

0

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on sale of businesses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,210

-

-

-

3,297

Total other income (expense), net

-

-

7,051

7,778

-

4,770

3,778

2,625

2,064

1,487

3,408

-8,876

-3,352

-3,760

-18,548

-9,702

-10,088

-6,015

-9,761

-12,082

-12,410

-4,682

-10,986

-11,722

-9,631

-11,328

-11,211

-10,866

-10,719

-10,145

-7,361

-3,752

-3,844

-3,982

-1,834

-2,967

-3,760

-

-

Income before income taxes

60,035

85,014

122,657

99,767

90,671

116,372

128,954

88,395

118,371

38,918

84,588

18,237

16,834

35,123

-11,284

-34,838

-59,223

-

-

-

-

-

-

-

-

-

-

-

-

-52,119

-32,804

-36,475

-26,140

47,592

77,865

-20,975

-27,490

-8,675

-

Provision for income taxes

11,423

16,271

25,205

20,725

14,896

-243,717

2,324

901

2,514

429

3,206

581

134

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

74

10

12

11

-

0

0

-

-72

-

Net Income (Loss) Attributable to Parent

48,612

68,743

97,452

79,042

75,775

360,089

126,630

87,494

115,857

38,489

81,382

17,656

16,700

35,123

-11,284

-34,838

-59,223

-37,670

-45,542

-43,362

-35,170

-50,708

-62,560

-73,410

-74,619

-70,746

-67,124

-62,161

-44,729

-52,193

-32,814

-36,487

-26,151

46,297

77,865

-20,975

-27,490

-8,603

-22,614

Earnings Per Share [Abstract]
Earnings Per Share, Basic

0.16

0.23

0.32

0.26

0.25

1.22

0.42

0.29

0.39

0.12

0.28

0.06

0.06

0.17

-0.04

-0.15

-0.26

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.60

-

-

-0.08

-

Earnings Per Share, Diluted

0.15

0.22

0.31

0.25

0.24

1.15

0.41

0.28

0.37

0.12

0.26

0.06

0.05

0.17

-0.04

-0.15

-0.26

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.59

-

-

-0.08

-

Weighted-average common shares outstanding:
Weighted-average common shares outstanding:
Weighted Average Number of Shares Outstanding, Basic

305,388

304,338

303,268

302,188

300,542

299,395

298,416

297,336

296,421

296,025

294,269

293,188

290,870

288,191

256,319

229,310

228,304

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

129,145

-

-

108

-

Weighted Average Number of Shares Outstanding, Diluted

315,839

315,028

315,453

314,911

314,644

312,934

312,346

312,241

313,691

314,318

312,940

311,219

309,535

288,191

256,319

229,310

228,304

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

131,344

-

-

108

-

Net loss per share, basic and diluted (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.21

-0.22

-0.18

-0.25

-0.32

-0.38

-0.39

-0.39

-0.36

-0.34

-0.24

-0.29

-0.20

-0.25

-0.18

-

-

-0.16

-0.24

-

-0.21

Shares used in computing basic and diluted net loss per share

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

217,587

196,201

195,904

195,442

195,126

194,929

191,699

184,376

184,149

183,981

183,742

183,604

166,354

148,654

141,940

-

-

128,245

113,215

-

108,476

Net product revenues
Revenue from contract with customer

193,880

194,926

191,768

193,675

179,581

176,225

162,946

145,836

134,272

95,711

96,416

88,004

68,877

51,916

42,742

31,618

9,099

9,924

6,854

7,992

9,388

7,353

6,291

6,562

4,905

4,347

4,771

4,043

1,856

0

0

0

0

-

-

-

-

-

-

License revenues
Revenue from contract with customer

20,879

-

-

-

25,564

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Collaboration revenues
Total revenues

-

-

79,935

46,600

-

52,377

62,451

40,272

79,447

24,361

56,094

11,004

12,010

25,665

19,452

4,634

6,328

14

3,000

0

0

-

0

-

-

-

-

-

-

-

-

-

-

-

5,024

8,327

12,410

11,865

12,308

Collaboration services revenues
Revenue not from contract with customer

12,156

-

-

-

10,342

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-