F5 NETWORKS, INC. FFIV Income Statement

F5 networks, inc. (FFIV)

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	Dec'09	Jun'09
Net revenues
Revenue from contract with customer, excluding assessed tax
583,449	569,305	590,388	563,394	544,895	543,770	562,709	542,203	533,304	523,191	537,998	517,837	518,248	515,958	525,349	496,522	483,677	489,486	501,301	483,586	472,143	462,793	465,266	440,285	420,043	406,452	395,329	370,302	350,232	365,451	362,559	352,634	339,622	322,432	314,615	290,713	277,572	268,934	254,274	230,474	206,068	191,156	158,231
Cost of net revenues
Cost of net revenues
101,238	88,642	90,918	90,767	88,178	86,714	93,440	91,009	89,645	87,387	90,541	89,770	87,912	85,262	84,949	84,343	82,230	85,683	84,658	85,659	82,596	79,348	81,952	79,462	75,662	72,883	66,943	64,917	60,302	60,885	62,681	60,287	57,594	55,606	55,920	52,448	50,673	48,963	46,828	44,579	41,416	39,129	33,665
Gross profit
482,211	480,663	499,470	472,627	456,717	457,056	469,269	451,194	443,659	435,804	447,457	428,067	430,336	430,696	440,400	412,179	401,447	403,803	416,643	397,927	389,547	383,445	383,314	360,823	344,381	333,569	328,386	305,385	289,930	304,566	299,878	292,347	282,028	266,826	258,695	238,265	226,899	219,971	207,446	185,895	164,652	152,027	124,566
Operating expenses
Sales and marketing
215,472	195,519	217,554	195,852	170,954	164,259	160,425	165,806	169,970	167,934	162,068	160,952	164,705	164,514	158,198	156,620	156,469	157,456	151,653	150,833	151,238	148,816	143,284	139,945	140,252	134,803	119,836	121,906	119,031	122,268	116,298	112,064	110,995	106,238	100,945	93,633	89,332	86,825	80,696	77,219	69,644	65,642	55,427
Research and development
109,028	96,005	102,812	116,894	96,314	92,038	95,078	94,061	91,056	85,889	85,479	88,602	89,234	87,050	83,746	83,042	86,294	81,145	77,665	74,337	74,521	70,060	65,401	67,026	67,232	64,133	54,464	54,075	52,534	48,541	47,731	46,985	43,568	39,122	36,552	35,245	34,507	32,606	31,571	30,889	29,134	26,720	25,070
General and administrative
74,013	59,004	64,390	57,141	46,656	42,543	41,748	39,374	39,276	39,984	37,832	39,368	38,009	41,678	35,193	34,182	34,803	34,253	39,726	32,627	30,933	32,254	27,148	27,773	26,033	25,500	26,512	25,327	25,889	24,673	24,015	23,298	22,785	21,677	21,867	21,126	19,846	20,684	18,876	17,658	16,016	15,953	12,764
Litigation expense
-	-	-	-	-	-	-	-	-	-	525	1	-135	0	630	-527	8,948	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss on facility sublease
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,393	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-
Restructuring charges
0	7,800	0	0	0	0	18,426	0	0	0	12,718	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Total
398,513	358,328	384,756	369,887	313,924	298,840	315,677	299,241	300,302	293,807	298,622	288,923	291,813	293,242	277,767	273,317	286,514	272,854	269,044	257,797	256,692	251,130	235,833	234,744	233,517	224,436	203,205	201,308	197,454	195,482	188,044	182,347	177,348	167,037	159,364	150,004	143,685	140,115	131,143	125,766	114,794	108,315	93,261
Income from operations
83,698	122,335	114,714	102,740	142,793	158,216	153,592	151,953	143,357	141,997	148,835	139,144	138,523	137,454	162,633	138,862	114,933	130,949	147,599	140,130	132,855	132,315	147,481	126,079	110,864	109,133	125,181	104,077	92,476	109,084	111,834	110,000	104,680	99,789	99,331	88,261	83,214	79,856	76,303	60,129	49,858	43,712	31,305
Other (loss) income, net
-141	5,220	3,397	4,722	7,434	7,095	5,667	2,259	2,790	2,145	5,027	2,589	1,302	2,643	268	978	133	1,135	1,865	720	3,266	2,594	2,323	1,193	23	246	732	2,874	2,118	1,550	909	1,713	1,428	1,861	4,087	1,889	1,568	2,545	68	3,561	2,291	1,705	3,027
Income before income taxes
83,557	127,555	118,111	107,462	150,227	165,311	159,259	154,212	146,147	144,142	153,862	141,733	139,825	140,097	162,901	139,840	115,066	132,084	149,464	140,850	136,121	134,909	149,804	127,272	110,887	109,379	125,913	106,951	94,594	110,634	112,743	111,713	106,108	101,650	103,418	90,150	84,782	82,401	76,371	63,690	52,149	45,417	34,332
Provision for income taxes
22,178	29,028	23,274	21,557	34,140	34,406	26,378	31,469	36,511	55,713	18,119	44,071	46,687	45,879	53,966	48,051	39,651	42,368	52,427	47,678	50,392	45,833	55,783	47,799	41,246	41,331	49,682	38,773	31,182	41,141	45,026	39,377	37,467	35,158	35,808	27,601	29,207	26,738	28,136	23,195	19,005	16,138	11,556
Net Income (Loss) Attributable to Parent
61,379	98,527	94,837	85,905	116,087	130,905	132,881	122,743	109,636	88,429	135,743	97,662	93,138	94,218	108,935	91,789	75,415	89,716	97,037	93,172	85,729	89,076	94,021	79,473	69,641	68,048	76,231	68,178	63,412	69,493	67,717	72,336	68,641	66,492	67,610	62,549	55,575	55,663	48,235	40,495	33,144	29,279	22,776
Earnings Per Share, Basic
1.01	1.62	1.57	1.43	1.94	2.17	2.20	2.01	1.79	1.42	2.15	1.53	1.44	1.45	1.66	1.37	1.12	1.29	1.37	1.30	1.19	1.21	1.27	1.06	0.92	0.88	0.97	0.87	0.81	0.88	0.86	0.91	0.87	0.84	0.84	0.77	0.69	0.69	0.60	0.51	0.42	0.37	0.29
Weighted Average Number of Shares Outstanding, Basic
60,869	60,649	60,283	59,981	59,686	60,216	60,462	60,970	61,420	62,195	63,088	63,935	64,479	65,195	65,772	66,851	67,549	69,554	70,679	71,509	72,240	73,350	73,817	74,812	75,508	77,438	78,353	78,516	78,601	78,789	78,980	79,135	79,156	79,272	80,317	80,866	80,809	80,644	80,268	79,864	79,394	78,906	78,603
Earnings Per Share, Diluted
1.00	1.62	1.57	1.43	1.93	2.16	2.18	1.99	1.77	1.41	2.14	1.52	1.43	1.44	1.64	1.37	1.11	1.28	1.36	1.29	1.18	1.21	1.26	1.05	0.91	0.87	0.97	0.86	0.80	0.88	0.85	0.91	0.86	0.83	0.84	0.77	0.68	0.68	0.59	0.50	0.41	0.36	0.29
Weighted Average Number of Shares Outstanding, Diluted
61,084	60,815	60,448	60,196	60,029	60,645	61,070	61,633	62,059	62,550	63,446	64,361	65,028	65,645	66,262	67,235	67,804	69,878	71,098	71,957	72,711	73,857	74,366	75,369	76,244	77,822	78,674	78,864	79,114	79,278	79,425	79,655	79,775	79,822	80,766	81,497	81,622	81,648	81,253	81,031	80,737	80,333	79,612
Product
Revenue from contract with customer, excluding assessed tax
259,538	234,536	264,926	248,929	237,859	233,877	256,412	238,835	237,558	227,303	248,990	235,109	241,080	239,483	252,984	231,366	225,441	234,678	257,719	248,767	244,116	240,937	255,461	236,933	225,135	218,601	212,291	196,746	185,107	204,712	209,718	207,118	205,165	196,554	197,446	179,327	173,710	171,492	164,972	147,393	129,559	119,218	95,619
Cost of net revenues
53,086	42,118	44,693	44,336	43,547	42,410	48,505	45,164	44,127	43,265	46,641	43,787	43,928	41,676	43,591	40,474	39,908	42,651	44,505	44,050	43,600	42,070	43,351	40,387	37,806	37,244	35,151	32,350	29,773	31,792	35,752	34,482	33,668	33,200	34,485	31,803	31,423	31,614	31,045	29,328	27,419	26,042	21,955
Service
Revenue from contract with customer, excluding assessed tax
323,911	334,769	325,462	314,465	307,036	309,893	306,297	303,368	295,746	295,888	289,008	282,728	277,168	276,475	272,365	265,156	258,236	254,808	243,582	234,819	228,027	221,856	209,805	203,352	194,908	187,851	183,038	173,556	165,125	160,739	152,841	145,516	134,457	125,878	117,169	111,386	103,862	97,442	89,302	83,081	76,509	71,938	62,612
Cost of net revenues
48,152	46,524	46,225	46,431	44,631	44,304	44,935	45,845	45,518	44,122	43,900	45,983	43,984	43,586	41,358	43,869	42,322	43,032	40,153	41,609	38,996	37,278	38,601	39,075	37,856	35,639	31,792	32,567	30,529	29,093	26,929	25,805	23,926	22,406	21,435	20,645	19,250	17,349	15,783	15,251	13,997	13,087	11,710