Finisar Corp FNSR Income Statement

Finisar corp (FNSR)

Income statement / Quarterly

Jul'19	Apr'19	Jan'19	Oct'18	Jul'18	Apr'18	Jan'18	Oct'17	Jul'17	Apr'17	Jan'17	Oct'16	Jul'16	May'16	Jan'16	Oct'15	Jul'15	Apr'15	Jan'15	Oct'14	Jul'14	Apr'14	Jan'14	Oct'13	Jul'13	Apr'13	Jan'13	Oct'12	Jul'12	Apr'12	Jan'12	Oct'11	Jul'11	Apr'11	Jan'11	Oct'10	Jul'10
Revenues
285,028	310,085	327,636	325,423	317,336	310,069	332,403	332,205	341,806	357,527	380,588	369,863	341,325	318,794	309,206	321,136	314,030	320,042	306,283	296,981	327,638	306,025	294,018	290,722	266,068	243,417	238,351	232,041	220,526	239,910	242,954	241,489	228,226	236,946	263,016	240,943	207,882
Cost of revenues
197,627	218,433	232,717	239,244	236,156	246,501	243,724	235,389	225,896	231,374	242,961	235,192	231,637	226,723	219,836	230,610	224,147	229,390	221,173	210,626	227,384	208,135	187,368	186,168	173,102	166,093	168,377	166,167	161,457	172,915	170,215	169,571	160,223	160,682	177,730	157,343	136,076
Amortization of acquired developed technology
471	470	496	496	496	603	611	611	611	989	990	990	1,523	1,629	1,630	1,435	1,435	1,434	1,435	1,435	1,435	1,326	961	1,181	1,593	1,842	1,930	2,000	1,272	1,515	1,637	1,637	1,522	1,071	1,221	1,200	1,192
Impairment of long-lived assets
1,665	-	0	-	0	-	1,353	-	-	-	-	-	-	0	0	0	1,071	0	5,722	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gross profit
85,265	87,303	94,423	85,683	80,684	62,594	88,068	96,205	115,299	125,164	136,637	133,681	108,165	90,442	87,740	89,091	87,377	89,218	77,953	84,920	98,819	96,564	105,689	103,373	91,373	67,326	68,044	63,874	57,797	65,480	71,102	70,281	66,481	75,193	84,065	82,400	70,614
Operating expenses:
Research and development
52,151	50,870	51,274	52,674	63,059	60,520	59,888	60,560	58,040	58,973	54,691	53,242	51,008	50,169	49,840	50,972	52,408	51,116	48,782	51,184	51,007	48,132	46,734	44,959	43,530	41,270	39,725	39,620	38,169	37,430	36,470	36,707	35,396	32,909	29,607	28,148	26,617
Sales and marketing
12,107	12,000	12,170	12,427	12,480	12,530	11,913	12,230	12,351	12,322	13,092	13,367	11,863	11,622	11,899	11,896	11,202	11,801	10,925	11,487	11,965	11,509	10,911	12,322	11,805	11,056	10,398	10,219	10,674	10,114	10,599	10,125	9,586	9,025	8,818	9,247	9,075
General and administrative
13,234	14,396	14,973	12,832	12,643	12,207	19,739	13,283	14,289	12,316	13,235	13,576	16,315	13,848	14,875	16,186	15,208	15,303	14,062	28,772	14,719	15,133	14,353	15,388	8,340	6,279	12,797	12,919	13,342	75	11,766	13,773	13,952	11,328	14,658	8,517	11,076
Start-up costs
17,076	20,409	15,136	11,419	7,553	2,897	638	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Restructuring recoveries
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-322	0	0	0	0
Amortization of purchased intangibles
230	325	337	436	640	667	666	665	707	713	713	668	668	668	668	668	668	713	737	737	761	683	595	595	595	734	1,035	1,062	809	897	959	859	779	382	383	383	383
Impairment of long-lived assets
-	-	-	-	-	-	-	-	-	-	0	-	-	0	0	0	830	0	45	0	0	-	0	-	-	-	4,886	-	-	-	0	-	-	-	-	-	-
Total operating expenses
94,798	98,580	93,890	89,788	96,375	89,330	94,197	86,738	85,387	84,324	81,731	80,853	79,854	76,307	77,282	79,722	80,316	78,933	74,551	92,180	78,452	75,457	72,593	73,264	64,270	66,941	68,841	63,820	62,994	48,516	59,794	61,464	59,391	53,644	53,466	46,295	47,151
Loss from operations
-9,533	-11,277	533	-4,105	-15,691	-26,736	-6,129	9,467	29,912	40,840	54,906	52,828	28,311	14,135	10,458	9,369	7,061	10,285	3,402	-7,260	20,367	21,107	33,096	30,109	27,103	385	-797	54	-5,197	16,964	11,308	8,817	7,090	21,549	30,599	36,105	23,463
Interest income
4,424	4,732	5,333	5,981	5,155	4,903	3,995	3,746	3,440	3,300	1,716	1,021	726	802	709	469	365	536	321	342	612	485	335	282	217	211	186	162	196	662	151	100	160	91	204	143	92
Interest expense
6,423	6,449	8,167	9,490	9,386	9,320	9,192	9,131	9,013	8,954	5,398	3,025	2,986	3,017	2,933	2,917	2,883	3,337	2,685	2,867	3,133	2,965	1,663	367	552	544	648	750	647	805	862	1,138	911	668	1,465	2,077	2,155
Loss on debt extinguishment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-419	-2,394	-5,946	0	0
Other expense, net
-2,132	325	-38	784	-1,789	1,097	-459	1,111	-2,694	-488	-339	795	-59	-81	1,968	445	881	4,042	2,050	33	-2,026	8,124	-1,873	495	488	-154	-275	-101	81	-266	-355	-140	4,663	-1,311	-3,404	192	-192
Loss before income taxes
-13,664	-12,669	-2,339	-6,830	-21,711	-30,056	-11,785	5,193	21,645	34,698	50,885	51,619	25,992	11,839	10,202	7,366	5,424	11,526	3,088	-9,752	15,820	26,751	29,895	30,519	27,256	-102	-1,534	-635	-5,567	16,555	10,242	7,639	10,583	17,267	19,988	34,363	21,208
Provision for (benefit from) income taxes
-4,947	1,482	12,962	-1,555	-3,222	-11,713	43,874	-664	1,786	-95,547	4,499	2,853	2,043	-1,233	-1,882	722	2,031	4,199	1,409	1,610	1,577	-1,932	2,827	568	1,421	-1,506	2,153	-1,062	642	-787	875	1,369	548	631	1,167	567	2,082
Consolidated net income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	28,683	27,068	29,951	25,835	1,404	-3,687	427	-6,209	17,342	9,367	6,270	10,035	16,352	18,821	33,796	19,126
Adjust for net loss attributable to non-controlling interest
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-67	7	-14	-176	-2,475	-280	156	-12	-673	458	343	-107	0	0	0	0
Net Income (Loss) Attributable to Parent
-8,717	-14,151	-15,301	-5,275	-18,489	-18,343	-55,659	5,857	19,859	130,245	46,386	48,766	23,949	13,072	12,084	6,644	3,393	7,327	1,679	-11,362	14,243	28,750	27,061	29,965	26,011	3,879	-3,407	271	-6,197	18,015	8,909	5,927	10,142	16,352	18,821	33,796	19,126
Earnings Per Share [Abstract]
Basic (in dollars per share)
-0.07	-0.12	-0.13	-0.04	-0.16	-0.16	-0.49	0.05	0.18	1.18	0.42	0.44	0.22	0.13	0.11	0.06	0.03	0.07	0.02	-0.11	0.14	0.30	0.28	0.31	0.27	0.05	-0.04	0.00	-0.07	0.19	0.10	0.07	0.11	0.17	0.24	0.44	0.25
Diluted (in dollars per share)
-0.07	-0.12	-0.13	-0.04	-0.16	-0.15	-0.49	0.05	0.17	1.14	0.40	0.43	0.22	0.12	0.11	0.06	0.03	0.06	0.02	-0.11	0.14	0.28	0.26	0.29	0.26	0.05	-0.04	0.00	-0.07	0.20	0.09	0.06	0.11	0.16	0.22	0.39	0.23
Shares used in computing net loss per share:
Weighted Average Number of Shares Outstanding, Basic
119,216	117,953	117,608	117,284	115,867	114,743	114,209	113,960	112,544	111,437	110,956	110,407	108,820	107,611	107,180	106,635	105,286	104,207	103,563	99,621	98,241	96,972	96,394	95,941	94,609	93,575	93,097	92,780	91,988	91,355	91,001	90,715	90,221	89,371	80,080	76,766	76,111
Weighted Average Number of Shares Outstanding, Diluted
119,216	117,953	117,608	117,284	115,867	110,106	114,209	115,443	115,698	117,502	114,873	113,192	110,821	111,752	108,128	107,493	108,107	111,982	105,990	99,621	102,287	107,266	104,361	103,696	101,125	91,621	93,097	94,734	91,988	95,586	94,032	93,599	93,527	99,736	93,388	89,521	88,215