FormFactor, Inc. FORM Income Statement

Formfactor, inc. (FORM)

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	Jul'17	Apr'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	Sep'10	Jun'10
Revenues
160,753	178,629	140,604	138,018	132,213	140,887	134,989	135,509	118,290	131,901	143,735	143,976	128,829	123,888	123,299	83,083	53,611	71,782	65,862	73,885	70,829	71,285	73,934	67,352	55,959	48,546	67,634	62,733	52,620	47,654	41,262	54,813	34,806	30,224	52,115	46,558	40,428	47,347	57,640
Cost of revenues
93,363	104,324	85,286	82,666	79,692	84,865	82,019	79,291	73,161	83,272	86,105	82,209	81,258	83,613	96,111	57,656	43,819	50,591	47,407	50,582	48,040	50,337	49,792	47,328	43,634	44,288	55,088	46,328	43,545	50,798	33,110	38,646	30,650	35,199	40,141	36,668	36,359	54,541	53,710
Gross profit
67,390	74,305	55,318	55,352	52,521	56,022	52,970	56,218	45,129	48,629	57,630	61,767	47,571	40,275	27,188	25,427	9,792	21,191	18,455	23,303	22,789	20,948	24,142	20,024	12,325	4,258	12,546	16,405	9,075	-3,144	8,152	16,167	4,156	-4,975	11,974	9,890	4,069	-7,194	3,930
Operating expenses:
Research and development
21,267	21,606	20,096	20,074	19,723	18,398	18,857	19,675	18,046	18,513	19,338	18,542	17,414	18,218	17,253	11,133	10,849	11,236	10,645	11,217	11,086	10,706	11,198	11,074	9,747	9,994	10,301	10,915	10,929	9,775	8,573	10,935	10,847	10,683	10,423	10,878	11,560	12,825	15,997
Selling, general and administrative
27,693	28,981	25,887	26,283	25,184	25,828	24,745	25,232	23,449	24,238	24,010	23,602	22,829	23,890	23,008	14,030	12,516	10,719	11,108	11,381	11,882	12,631	13,309	13,191	12,254	12,160	12,952	13,487	14,618	14,958	11,594	11,531	11,148	11,964	11,200	11,154	12,387	16,219	18,725
Restructuring charges
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	443	143	92	3,980	333	2,481	136	-33	325	258	-1,099	1,038	8,539	2,513
Loss on sale of subsidiary
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-300	0	0	0	0	0	-	-	-	-	-	-
Impairment of long-lived assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	390	86	0	743	567	15	121	58	49	143	61	168	98	100	0	351	55,402	999
Gain on settlement of litigation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,250	0	0	0	0	0	0	0	-	-
Total operating expenses
48,960	50,587	45,983	46,357	44,907	44,226	43,602	44,907	41,495	43,232	43,364	42,188	40,512	54,805	40,346	32,073	23,365	21,952	21,812	22,606	23,471	24,311	24,621	24,324	24,741	23,164	23,411	24,915	29,585	21,865	22,791	22,663	22,130	23,070	21,981	20,933	25,336	92,985	38,234
Operating income
18,430	23,718	9,335	8,995	7,614	11,796	9,368	11,311	3,634	5,397	14,266	19,579	7,059	-14,530	-13,158	-6,646	-13,573	-761	-3,357	697	-682	-3,363	-479	-4,300	-12,416	-18,906	-10,865	-8,510	-20,510	-25,009	-14,639	-6,496	-17,974	-28,045	-10,007	-11,043	-21,267	-100,179	-34,304
Interest income
685	726	724	684	580	404	369	326	257	264	123	93	67	59	52	99	117	70	65	65	85	69	75	79	79	88	95	96	107	134	163	182	212	276	335	369	424	623	722
Interest expense
318	376	422	522	595	660	777	910	967	1,045	1,109	1,162	1,174	1,255	1,125	11	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other expense, net
-91	379	226	81	-84	117	121	50	-512	-170	311	107	-400	309	83	-302	-314	-36	982	100	1,501	155	228	-156	-66	82	-91	209	423	334	171	546	410	941	-75	584	-374	3,960	-82
Income before income taxes
18,706	24,447	9,863	9,238	7,515	11,657	9,081	10,777	2,412	4,446	13,591	18,617	5,552	-15,417	-14,148	-6,860	-13,770	-727	-2,310	862	904	-3,139	-176	-4,377	-12,403	-18,736	-10,861	-8,205	-19,980	-24,541	-14,305	-5,768	-17,352	-26,828	-9,747	-10,090	-21,217	-95,596	-33,664
Provision for income taxes
2,816	5,811	1,584	2,290	2,032	-73,443	1,393	1,654	287	-1,142	1,028	1,040	367	26	50	-43,744	30	-108	215	24	121	-1,268	101	-51	308	53	-147	202	-207	-25,144	173	-1,551	102	147	157	-2,412	207	231	200
Net income
15,890	18,636	8,279	6,948	5,483	85,100	7,688	9,123	2,125	5,588	12,563	17,577	5,185	-15,443	-14,198	36,884	-13,800	-619	-2,525	838	783	-1,871	-277	-4,326	-12,711	-18,789	-10,714	-8,407	-19,773	603	-14,478	-4,217	-17,454	-26,975	-9,904	-7,678	-21,424	-95,827	-33,864
Net income per share:
Basic and diluted (in USD per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.34	-0.20	-0.16	-0.37	-	-	-	-	-0.54	-0.20	-0.15	-0.42	-1.90	-0.68
Basic (In dollars per share)
0.21	0.25	0.11	0.09	0.07	1.15	0.10	0.12	0.03	0.08	0.17	0.24	0.07	-0.22	-0.20	0.62	-0.24	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Diluted (In dollars per share)
0.20	0.24	0.11	0.09	0.07	1.13	0.10	0.12	0.03	0.07	0.17	0.24	0.07	-0.22	-0.20	0.61	-0.24	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Basic
Basic and diluted (in shares)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	54,608	54,437	54,105	53,664	52,921	50,154	49,817	49,487	49,967	50,747	50,773	50,636	50,431	50,084
Basic (In shares)
76,005	75,731	75,280	74,478	74,362	74,108	73,837	73,157	72,826	72,846	72,651	72,200	71,423	70,807	70,502	59,572	58,431	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Diluted (In shares)
78,510	78,055	77,291	76,189	76,009	75,416	74,962	74,533	74,342	74,756	73,885	73,539	72,922	70,807	70,502	59,988	58,431	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-