HARMONIC INC HLIT Income Statement

Harmonic inc (HLIT)

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	Sep'09	Jun'09
Revenue from Contract with Customer, Excluding Assessed Tax
78,417	122,178	115,725	84,865	80,106	113,655	100,616	99,160	90,127	100,974	92,014	82,315	82,943	113,102	101,406	109,571	81,832	86,603	83,305	103,103	104,016	107,875	108,061	109,589	108,032	120,222	122,918	117,128	101,672	117,981	120,391	122,060	116,439	85,172	138,871	133,996	132,835	138,194	104,784	95,544	84,822	83,861	81,293
Amortization of intangibles
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,714	-	-	-	-
Total cost of revenue
41,679	60,483	40,185	40,937	38,257	53,334	50,514	47,557	42,944	52,402	44,989	48,500	42,535	55,409	50,043	58,531	41,178	39,535	37,074	48,718	48,988	51,084	54,633	59,772	55,720	60,626	66,126	59,236	55,507	57,870	65,513	66,979	65,977	36,000	74,910	72,168	70,980	76,813	57,252	49,862	44,016	47,781	47,746
Gross Profit
36,738	61,695	75,540	43,928	41,849	60,321	50,102	51,603	47,183	48,572	47,025	33,815	40,408	57,693	51,363	51,040	40,654	47,068	46,231	54,385	55,028	56,791	53,428	49,817	52,312	59,596	56,792	57,892	46,165	60,111	54,878	55,081	50,462	49,172	63,961	61,828	61,855	61,381	47,532	45,682	40,806	36,080	33,547
Operating expenses:
Research and development
22,123	21,703	20,197	21,313	21,401	21,913	22,251	21,542	23,457	22,752	21,289	27,055	24,882	24,129	24,202	26,507	23,563	21,721	21,679	21,816	22,329	22,885	22,803	23,485	23,888	24,307	24,560	25,820	25,251	25,422	25,586	24,856	26,763	21,865	25,638	25,662	26,149	24,252	19,002	16,977	16,966	15,879	15,450
Selling, general and administrative
31,218	30,557	31,148	29,319	28,011	30,078	29,723	27,988	31,163	31,893	37,121	32,625	34,631	38,883	36,112	36,516	32,870	29,517	28,966	31,281	31,196	32,682	32,114	32,979	33,547	33,794	32,527	34,424	33,269	33,255	31,132	31,327	31,403	28,716	32,254	32,543	33,564	37,232	25,999	24,074	20,845	19,405	20,735
Amortization of intangibles
770	-	-	-	788	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of Intangible Assets
-	-	785	784	-	791	792	800	804	795	793	780	774	796	3,009	4,232	2,365	1,445	1,446	1,446	1,446	1,446	1,661	1,718	1,950	1,997	2,001	2,010	2,088	2,157	2,179	2,190	2,179	2,230	2,229	2,230	2,229	2,885	959	534	534	1,367	1,534
Restructuring and related charges
676	1,947	861	276	57	214	987	631	1,086	1,223	2,028	777	1,279	10,114	-27	1,903	2,612	746	397	185	44	1,940	388	284	149	496	259	242	424	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Total operating expenses
54,787	54,989	52,991	51,692	50,257	52,996	53,753	50,961	56,510	56,663	61,231	61,237	61,566	73,922	63,296	69,158	61,410	53,429	52,488	54,728	55,015	58,953	56,966	58,466	59,534	60,594	59,347	62,496	61,032	60,834	58,897	58,373	60,345	52,811	60,121	60,435	61,942	64,369	45,960	41,585	38,345	36,651	37,719
Operating Income (Loss)
-18,049	6,706	22,549	-7,764	-8,408	7,325	-3,651	642	-9,327	-8,091	-14,206	-27,422	-21,158	-16,229	-11,933	-18,118	-20,756	-6,361	-6,257	-343	13	-2,162	-3,538	-8,649	-7,222	-998	-2,555	-4,604	-14,867	-723	-4,019	-3,292	-9,883	-3,639	3,840	1,393	-87	-2,988	1,572	4,097	2,461	-571	-4,172
Interest expense, net
-2,903	-	-3,000	-2,956	-2,906	-	-2,872	-2,863	-2,757	-	-2,794	-2,680	-2,590	-	-2,734	-2,651	-2,421	-	30	17	55	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain (Loss) on Extinguishment of Debt
-	-	-5,695	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest income, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	47	67	77	-	47	30	64	152	128	116	119	118	90	74	92	108	165	425	384	583	823
Other expense, net
-273	0	-1,594	-428	-311	162	-365	199	-532	-394	-498	-819	-511	-26	-328	332	-9	17	148	59	-506	20	-261	-127	12	-277	230	-133	-167	-412	-164	-120	403	-489	381	-299	-107	117	-405	-126	-371	-212	-188
Loss on impairment of long-term investment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,259	0	1,476	-	0	0	2,505	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Noncontrolling Interest
-21,225	3,917	12,260	-11,148	-11,625	4,578	-6,888	-2,022	-12,616	-12,029	-17,498	-30,921	-24,259	-19,077	-16,254	-20,437	-24,662	-6,779	-6,079	-267	-2,943	-2,201	-3,752	-8,709	-7,133	-1,197	-2,278	-4,707	-14,970	-983	-4,055	-3,296	-9,361	-4,010	4,311	1,168	-102	-2,763	1,332	4,396	2,474	-200	-3,537
Income Tax Expense (Benefit)
729	-1,653	603	697	-319	1,248	870	891	1,078	-184	-1,915	579	-232	-8,634	-242	242	518	420	-1,268	727	-286	2,653	-4,830	28,353	-1,723	982	-38,953	-1,303	-5,467	-1,873	414	579	-626	-1,576	765	778	-618	10,975	1,693	-49	-2,845	-2,777	4,382
Income (loss) from continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-2,179	36,675	-3,404	-9,503	890	-4,469	-3,875	-8,735	-	-	-	-	-	-	-	-	-	-
Income from discontinued operations, net of taxes (including gain on disposal of $14,813, net of taxes, for the nine months ended September 27, 2013)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	91	-396	15,924	-	-3,761	3,892	1,207	-	-	-	-	-	-	-	-	-	-
Net loss
-21,954	5,570	11,657	-11,845	-11,306	3,330	-7,758	-2,913	-13,694	-11,845	-15,583	-31,500	-24,027	-10,443	-16,012	-20,679	-25,180	-7,199	-4,811	-994	-2,657	-4,854	1,078	-37,062	-5,410	-2,360	36,766	-3,800	6,421	4,804	-8,230	17	-7,528	4,327	3,546	390	516	-13,738	-361	4,445	5,319	2,577	-7,919
Net loss per share:
Net loss per share:
Continuing Operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.03	-	-	-	-0.03	-	-	-	-	-	-	-	-	-	-	-
Discontinued Operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.00	-	-	-	0.03	-	-	-	-	-	-	-	-	-	-	-
Basic and Diluted
-0.23	-	-	-0.13	-0.13	-	-	-0.03	-0.16	-0.14	-0.19	-0.39	-0.30	-0.12	-0.21	-0.27	-0.33	-0.09	-0.05	-0.01	-0.03	-	-	-0.39	-	-	-	-0.03	-	-	-	0.00	-	-	-	-	-	-	-	-	-	-	-
Continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.36	-	-0.08	-	-0.04	-	-0.07	-	-	-	-	-	-	-	-	-	-
Discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.00	-	0.14	-	-0.03	-	0.01	-	-	-	-	-	-	-	-	-	-
Basic
-	-	0.13	-	-	-	-0.09	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.01	-	-0.06	-	0.36	-	0.06	-	-0.07	-	-0.06	0.05	0.03	0.00	0.00	-0.15	0.00	0.05	0.06	0.03	-0.08
Continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.36	-	-0.08	-	-0.04	-	-0.07	-	-	-	-	-	-	-	-	-	-
Discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.00	-	0.14	-	-0.03	-	0.01	-	-	-	-	-	-	-	-	-	-
Diluted
-	-	0.12	-	-	-	-0.09	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.01	-	-0.06	-	0.36	-	0.06	-	-0.07	-	-0.06	0.05	0.03	0.00	0.00	-0.14	0.00	0.05	0.05	0.03	-0.08
Shares used in per share calculation:
Weighted Average Number of Shares Outstanding, Diluted [Abstract]
Basic
-	-	89,964	-	-	-	86,321	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	90,618	-	97,921	-	101,144	-	115,219	-	116,517	-	117,275	116,134	115,791	114,939	113,836	112,020	100,246	96,998	96,684	96,104	95,703
Basic and Diluted
95,575	-	-	88,931	88,165	-	-	85,304	83,912	82,051	81,445	80,590	79,810	78,390	78,092	77,342	76,996	84,984	87,991	88,426	88,655	-	-	93,966	-	-	-	109,938	-	-	-	117,056	-	-	-	-	-	-	-	-	-	-	-
Diluted
-	-	97,596	-	-	-	86,321	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	91,800	-	97,921	-	102,723	-	115,219	-	116,517	-	117,275	117,093	116,208	116,298	116,109	110,788	100,246	97,570	97,344	96,732	95,703
Appliance & Integration [Member]
Revenue from Contract with Customer, Excluding Assessed Tax
47,752	85,933	83,082	54,417	52,365	83,179	71,965	68,434	63,986	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total cost of revenue
26,287	47,106	26,812	29,312	27,054	42,289	38,945	36,662	30,576	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
SaaS & Service [Member]
Revenue from Contract with Customer, Excluding Assessed Tax
30,665	36,245	32,643	30,448	27,741	30,476	28,651	30,726	26,141	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total cost of revenue
15,392	13,377	13,373	11,625	11,203	11,045	11,569	10,895	12,368	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Product [Member]
Revenue
-	-	-	-	-	-	-	-	-	-	58,161	-	50,404	79,918	70,285	77,413	57,644	61,711	57,245	77,447	80,473	83,815	84,583	86,528	88,260	98,633	98,713	96,777	82,475	95,593	97,881	103,352	99,498	66,111	121,954	117,156	115,867	121,491	90,597	84,261	74,434	72,553	70,513
Cost of Goods and Services Sold
-	-	-	-	-	-	-	-	-	-	27,736	-	26,102	40,016	34,460	44,049	27,189	26,967	23,584	35,977	35,460	37,944	41,802	47,928	44,606	49,850	52,747	48,932	45,237	44,808	53,995	56,494	59,176	24,223	64,954	62,712	64,751	63,684	50,305	46,058	41,010	44,477	43,458
Service [Member]
Revenue
-	-	-	-	-	-	-	-	-	-	33,853	-	32,539	33,184	31,121	32,158	24,188	24,892	26,060	25,656	23,543	24,060	23,478	23,061	19,772	21,589	24,205	20,351	19,197	22,388	22,510	18,708	16,941	19,061	16,917	16,840	16,968	16,703	14,187	11,283	10,388	11,308	10,780
Cost of Goods and Services Sold
-	-	-	-	-	-	-	-	-	-	17,253	-	16,433	15,393	15,583	14,482	13,989	12,568	13,490	12,741	13,528	13,140	12,831	11,844	11,114	10,776	13,379	10,304	10,270	13,062	11,518	10,485	6,801	11,777	9,956	9,456	6,229	15,843	4,233	3,804	3,006	3,304	4,288