Finisar corp (FNSR)
Income statement / TTM
Jul'19Apr'19Jan'19Oct'18Jul'18Apr'18Jan'18Oct'17Jul'17Apr'17Jan'17Oct'16Jul'16May'16Jan'16Oct'15Jul'15Apr'15Jan'15Oct'14Jul'14Apr'14Jan'14Oct'13Jul'13Apr'13Jan'13Oct'12Jul'12Apr'12Jan'12Oct'11Jul'11Apr'11Jan'11Oct'10Jul'10
Revenues

1,248,172

1,280,480

1,280,464

1,285,231

1,292,013

1,316,483

1,363,941

1,412,126

1,449,784

1,449,303

1,410,570

1,339,188

1,290,461

1,263,166

1,264,414

1,261,491

1,237,336

1,250,944

1,236,927

1,224,662

1,218,403

1,156,833

1,094,225

1,038,558

979,877

934,335

930,828

935,431

944,879

952,579

949,615

969,677

969,131

948,787

0

0

0

Cost of revenues

888,021

926,550

954,618

965,625

961,770

951,510

936,383

935,620

935,423

941,164

936,513

913,388

908,806

901,316

903,983

905,320

885,336

888,573

867,318

833,513

809,055

754,773

712,731

693,740

673,739

662,094

668,916

670,754

674,158

672,924

660,691

668,206

655,978

631,831

0

0

0

Amortization of acquired developed technology

1,933

1,958

2,091

2,206

2,321

2,436

2,822

3,201

3,580

4,492

5,132

5,772

6,217

6,129

5,934

5,739

5,739

5,739

5,631

5,157

4,903

5,061

5,577

6,546

7,365

7,044

6,717

6,424

6,061

6,311

5,867

5,451

5,014

4,684

0

0

0

Impairment of long-lived assets

0

-

0

-

0

-

0

-

-

-

-

-

-

1,071

1,071

6,793

6,793

5,722

5,722

0

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gross profit

352,674

348,093

323,384

317,029

327,551

362,166

424,736

473,305

510,781

503,647

468,925

420,028

375,438

354,650

353,426

343,639

339,468

350,910

358,256

385,992

404,445

396,999

367,761

330,116

290,617

257,041

255,195

258,253

264,660

273,344

283,057

296,020

308,139

312,272

0

0

0

Operating expenses:
Research and development

206,969

217,877

227,527

236,141

244,027

239,008

237,461

232,264

224,946

217,914

209,110

204,259

201,989

203,389

204,336

203,278

203,490

202,089

199,105

197,057

190,832

183,355

176,493

169,484

164,145

158,784

154,944

151,689

148,776

146,003

141,482

134,619

126,060

117,281

0

0

0

Sales and marketing

48,704

49,077

49,607

49,350

49,153

49,024

48,816

49,995

51,132

50,644

49,944

48,751

47,280

46,619

46,798

45,824

45,415

46,178

45,886

45,872

46,707

46,547

46,094

45,581

43,478

42,347

41,405

41,606

41,512

40,424

39,335

37,554

36,676

36,165

0

0

0

General and administrative

55,435

54,844

52,655

57,421

57,872

59,518

59,627

53,123

53,416

55,442

56,974

58,614

61,224

60,117

61,572

60,759

73,345

72,856

72,686

72,977

59,593

53,214

44,360

42,804

40,335

45,337

39,133

38,102

38,956

39,566

50,819

53,711

48,455

45,579

0

0

0

Start-up costs

64,040

54,517

37,005

22,507

11,088

3,535

638

0

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Restructuring recoveries

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-322

-322

-322

-322

0

0

0

0

Amortization of purchased intangibles

1,328

1,738

2,080

2,409

2,638

2,705

2,751

2,798

2,801

2,762

2,717

2,672

2,672

2,672

2,717

2,786

2,855

2,948

2,918

2,776

2,634

2,468

2,519

2,959

3,426

3,640

3,803

3,727

3,524

3,494

2,979

2,403

1,927

1,531

0

0

0

Impairment of long-lived assets

-

-

-

-

-

-

-

-

-

-

0

-

-

830

830

875

875

45

45

0

0

-

0

-

-

-

0

-

-

-

0

-

-

-

-

-

-

Total operating expenses

377,056

378,633

369,383

369,690

366,640

355,652

350,646

338,180

332,295

326,762

318,745

314,296

313,165

313,627

316,253

313,522

325,980

324,116

320,640

318,682

299,766

285,584

277,068

273,316

263,872

262,596

244,171

235,124

232,768

229,165

234,293

227,965

212,796

200,556

0

0

0

Loss from operations

-24,382

-30,540

-45,999

-52,661

-39,089

6,514

74,090

135,125

178,486

176,885

150,180

105,732

62,273

41,023

37,173

30,117

13,488

26,794

37,616

67,310

104,679

111,415

90,693

56,800

26,745

-5,555

11,024

23,129

31,892

44,179

48,764

68,055

95,343

111,716

0

0

0

Interest income

20,470

21,201

21,372

20,034

17,799

16,084

14,481

12,202

9,477

6,763

4,265

3,258

2,706

2,345

2,079

1,691

1,564

1,811

1,760

1,774

1,714

1,319

1,045

896

776

755

1,206

1,171

1,109

1,073

502

555

598

530

0

0

0

Interest expense

30,529

33,492

36,363

37,388

37,029

36,656

36,290

32,496

26,390

20,363

14,426

11,961

11,853

11,750

12,070

11,822

11,772

12,022

11,650

10,628

8,128

5,547

3,126

2,111

2,494

2,589

2,850

3,064

3,452

3,716

3,579

4,182

5,121

6,365

0

0

0

Loss on debt extinguishment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-419

-2,813

-8,759

-8,759

-8,340

0

0

0

Other expense, net

-1,061

-718

54

-367

-40

-945

-2,530

-2,410

-2,726

-91

316

2,623

2,273

3,213

7,336

7,418

7,006

4,099

8,181

4,258

4,720

7,234

-1,044

554

-42

-449

-561

-641

-680

3,902

2,857

-192

140

-4,715

0

0

0

Loss before income taxes

-35,502

-43,549

-60,936

-70,382

-58,359

-15,003

49,751

112,421

158,847

163,194

140,335

99,652

55,399

34,831

34,518

27,404

10,286

20,682

35,907

62,714

102,985

114,421

87,568

56,139

24,985

-7,838

8,819

20,595

28,869

45,019

45,731

55,477

82,201

92,826

0

0

0

Provision for (benefit from) income taxes

7,942

9,667

-3,528

27,384

28,275

33,283

-50,551

-89,926

-86,409

-86,152

8,162

1,781

-350

-362

5,070

8,361

9,249

8,795

2,664

4,082

3,040

2,884

3,310

2,636

1,006

227

946

-332

2,099

2,005

3,423

3,715

2,913

4,447

0

0

0

Consolidated net income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

111,537

84,258

53,503

23,979

-8,065

7,873

20,927

26,770

43,014

42,024

51,478

79,004

88,095

0

0

0

Adjust for net loss attributable to non-controlling interest

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-250

-2,658

-2,945

-2,775

-2,611

-809

-71

116

21

694

236

-107

0

0

0

0

Net Income (Loss) Attributable to Parent

-43,444

-53,216

-57,408

-97,766

-86,634

-48,286

100,302

202,347

245,256

249,346

132,173

97,871

55,749

35,193

29,448

19,043

1,037

11,887

33,310

58,692

100,019

111,787

86,916

56,448

26,754

-5,454

8,682

20,998

26,654

42,993

41,330

51,242

79,111

88,095

0

0

0

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