Fabrinet FN Income Statement

Fabrinet (FN)

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
Revenues
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	194,851	184,631	173,740
Revenues
411,210	426,217	399,296	405,127	398,951	403,080	377,177	345,327	332,213	337,072	357,313	370,454	366,837	351,156	332,043	276,388	250,888	233,038	216,433	206,456	189,453	188,353	189,325	160,084	167,657	178,562	171,551	159,934	155,557	167,426	158,625	142,757	139,019	96,609	186,347	-	-	-	-
Cost of revenues
366,874	377,059	353,309	358,501	352,193	357,516	336,901	306,346	295,280	299,906	316,981	325,694	322,791	308,110	292,435	242,546	219,711	204,545	190,422	181,907	167,796	167,292	168,819	142,309	150,374	158,032	152,906	142,863	139,302	149,056	140,903	127,537	124,138	87,680	163,463	166,363	169,528	160,968	151,964
Gross profit
44,336	49,158	45,987	46,626	46,758	45,564	40,276	38,981	36,933	37,166	40,332	44,760	44,046	43,046	39,608	33,842	31,177	28,493	26,011	24,549	21,657	21,061	20,506	17,775	17,283	20,530	18,645	17,071	16,255	18,370	17,722	15,220	14,881	8,929	22,884	23,985	25,323	23,663	21,776
Selling, general and administrative expenses
17,111	17,078	16,000	13,771	14,132	12,727	14,437	16,559	12,418	13,157	15,678	15,057	17,086	17,651	15,832	11,839	12,299	13,715	11,900	10,739	9,670	10,314	8,737	6,705	7,352	6,913	6,694	5,340	6,801	5,787	5,859	4,923	6,586	5,319	6,638	6,512	7,516	5,951	4,827
Other income related to flooding, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-900	0	864	-	-	-	-	0	-38,151	0	-6,597	-25,437	-11,419	4,825	4,820	-	55,623	40,265	-	-	-	-	-
Expenses related to reduction in workforce
-	16	-	789	323	319	85	-	-	1,776	-	-	-	0	-	-	-	-	-	-	-	1,153	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating income
27,225	32,064	29,987	32,066	32,303	32,518	25,754	22,422	24,515	22,233	24,654	29,703	26,960	25,395	23,776	22,003	19,778	14,778	13,247	13,810	11,987	9,594	11,769	11,070	48,082	13,617	18,548	15,826	20,873	17,408	16,683	6,921	-47,328	-36,655	16,246	17,473	17,807	17,712	16,949
Interest income
2,042	1,940	2,098	1,929	2,144	1,182	1,444	1,371	1,149	596	809	507	713	320	437	425	213	455	442	297	258	324	374	531	560	338	364	322	302	271	188	216	209	224	195	139	143	114	98
Interest expense
238	181	2,393	1,708	1,423	1,616	634	1,107	820	826	853	803	641	555	1,322	413	335	419	402	241	125	117	133	147	172	188	206	222	239	263	286	221	64	68	74	75	81	90	111
Foreign exchange loss, net
-8	-988	-1,953	1,814	-3,055	-421	3,068	-877	-2,428	-1,348	-1,934	-1,042	-3,702	1,945	1,657	-670	3,080	6,166	-10,492	91	-87	83	-106	-70	-254	-788	1,088	-731	978	-170	277	255	714	787	-187	-724	342	-670	-378
Other income, net
203	397	377	70	159	562	77	35	91	250	97	111	108	147	143	110	57	106	103	-46	-75	-134	103	253	173	187	184	180	139	183	190	182	57	59	97	136	65	11	4
Income before income taxes
29,224	33,232	28,116	34,171	30,128	32,225	29,709	21,844	22,507	20,905	22,773	28,476	23,438	27,252	24,691	21,455	22,793	21,086	2,898	13,911	11,958	9,750	12,007	11,637	48,389	13,166	19,978	15,375	22,053	17,429	17,052	7,353	-46,412	-35,653	16,277	16,949	18,276	17,077	16,562
Income tax expense
957	2,001	2,159	1,214	1,493	712	1,859	-924	1,454	1,592	1,740	1,075	1,782	1,960	1,925	1,786	1,971	1,283	1,295	876	1,113	1,024	971	1,304	727	-1,373	781	233	927	747	1,033	-104	-87	-2,399	622	294	1,613	1,271	1,357
Net income
28,267	31,231	25,957	32,957	28,635	31,513	27,850	22,768	21,053	19,313	21,033	27,401	21,656	25,292	22,766	19,669	20,822	19,803	1,603	13,035	10,845	8,726	11,036	10,333	47,662	14,539	19,197	15,142	21,126	16,682	16,019	7,457	-46,325	-33,254	15,655	16,655	16,663	15,806	15,205
Other comprehensive income (loss), net of tax:
Change in net unrealized (loss) gain on available-for-sale securities
-1,356	-82	35	644	513	598	288	30	-616	-462	29	20	49	-353	-187	374	292	-310	87	-	512	-486	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change in net unrealized loss on derivative instruments
-6,569	-189	39	1	-1	0	-1	0	0	0	-1	0	0	0	-158	-	722	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change in net retirement benefits plan – prior service cost
-294	-101	-83	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change in foreign currency translation adjustment
-600	616	-369	-415	486	-505	-200	-1,248	789	44	526	625	227	-1,903	741	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total other comprehensive (loss) income, net of tax
-8,231	446	-212	-2,307	998	93	87	-1,218	173	-418	554	645	276	-2,256	396	-156	1,014	-310	87	-	512	-486	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Income tax expense related to items of other comprehensive income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-
Net comprehensive income
20,036	31,677	25,745	30,650	29,633	31,606	27,937	21,550	21,226	18,895	21,587	28,046	21,932	23,036	23,162	19,513	21,836	19,493	1,690	12,965	11,357	8,240	11,036	10,333	47,662	14,539	19,197	-	-	-	-	-	-	-	-	-	-	-	-
Earnings per share
Basic
0.76	0.84	0.70	0.89	0.78	0.86	0.76	0.62	0.56	0.52	0.56	0.73	0.58	0.69	0.63	0.55	0.58	0.55	0.05	0.36	0.31	0.25	0.31	0.30	1.36	0.42	0.55	0.45	0.61	0.48	0.46	0.22	-1.35	-0.97	0.46	0.49	0.49	0.47	0.45
Diluted
0.75	0.83	0.69	0.88	0.76	0.84	0.75	0.60	0.55	0.51	0.55	0.72	0.57	0.67	0.61	0.54	0.56	0.54	0.04	0.36	0.30	0.24	0.31	0.29	1.33	0.41	0.55	0.43	0.61	0.48	0.46	0.23	-1.35	-0.97	0.45	0.48	0.49	0.46	0.44
Weighted-average number of ordinary shares outstanding (thousands of shares)
Basic
36,987	37,011	36,913	36,835	36,891	36,841	36,625	36,829	37,275	37,477	37,447	37,340	37,116	36,848	36,404	36,073	35,964	35,812	35,579	35,431	35,406	35,349	35,230	35,118	35,078	34,882	34,674	34,630	34,596	34,517	34,485	34,469	34,440	34,396	34,223	34,190	33,969	33,768	33,761
Diluted
37,797	37,763	37,529	37,510	37,539	37,471	37,140	37,766	38,055	38,156	38,163	38,401	37,872	37,805	37,330	37,258	37,089	36,826	36,315	36,322	36,110	35,917	35,587	35,845	35,790	35,583	35,138	35,001	34,909	34,804	34,670	34,190	34,440	34,396	34,502	34,595	34,232	34,450	34,351