Ichor holdings, ltd. (ICHR)
Income statement / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16
Net sales

220,028

189,355

154,456

139,195

137,831

141,402

175,207

248,973

258,029

182,936

164,519

159,733

148,704

131,408

105,687

95,365

73,287

Cost of sales

191,254

163,440

133,763

119,662

117,608

119,953

146,993

205,098

215,430

153,892

140,323

136,227

124,689

110,003

88,802

80,185

61,362

Gross profit

28,774

25,915

20,693

19,533

20,223

21,449

28,214

43,875

42,599

29,044

24,196

23,506

24,015

21,405

16,885

15,180

11,925

Operating expenses:
Research and development

3,322

3,090

2,987

2,634

2,391

2,203

2,123

2,577

2,452

2,213

1,992

1,950

1,744

2,154

1,564

1,290

1,375

Selling, general, and administrative

16,618

13,779

11,048

10,685

11,758

9,432

10,658

11,647

15,711

11,530

11,430

7,984

6,858

7,797

6,782

7,183

6,364

Amortization of intangible assets

3,334

3,340

3,336

3,202

3,137

3,833

3,885

3,772

3,879

3,062

2,220

1,803

1,795

1,805

1,804

1,803

1,603

Total operating expenses

23,274

20,209

17,371

16,521

17,286

15,468

16,666

17,996

22,042

16,805

15,642

11,737

10,397

11,756

10,150

10,276

9,342

Operating income

5,500

5,706

3,322

3,012

2,937

5,981

11,548

25,879

20,557

12,239

8,554

11,769

13,618

9,649

6,735

4,904

2,583

Interest expense

2,374

2,454

2,663

2,762

2,768

2,627

2,553

2,303

2,504

1,173

739

675

690

1,125

1,183

1,160

902

Other expense (income), net

31

-67

43

-7

-24

181

84

217

-241

-199

-73

-151

549

245

241

-244

387

Income before income taxes

3,157

3,185

702

243

145

3,535

9,079

23,793

17,812

10,867

7,742

10,943

13,477

8,769

5,793

3,500

2,068

Income tax benefit

-242

-4,767

-221

-93

-1,373

50

-558

-4,247

1,091

-8,328

-6,556

473

525

778

-1,888

225

236

Net income from continuing operations

-

-

-

-

-

-

-

-

-

19,195

14,298

10,470

12,952

7,991

7,681

3,275

1,832

Discontinued operations:
Loss from discontinued operations before taxes

-

-

-

-

-

-

-

-

-

-1

0

-610

-111

-64

16

-2,305

-1,724

Income tax benefit from discontinued operations

-

-

-

-

-

-

-

-

-

-270

8

0

1

14

23

2

1

Net loss from discontinued operations

-

-

-

-

-

-

-

-

-

269

-8

-610

-112

-78

-7

-2,307

-1,725

Net income

3,399

7,952

923

336

1,518

3,485

9,637

28,040

16,721

19,464

14,290

9,860

12,840

7,913

7,674

968

107

Less: Undistributed earnings attributable to preferred shareholders

-

-

-

-

-

-

-

-

-

-

-

-

-

6,586

7,628

963

107

Net income attributable to ordinary shareholders

-

-

-

-

-

-

-

-

-

-

-

-

-

-

46

5

-

Net income per share from continuing operations: Basic

-

-

-

-

-

-

-

-

-

0.75

0.57

0.42

0.53

0.41

0.43

0.19

0.11

Net income per share from continuing operations: Diluted

-

-

-

-

-

-

-

-

-

0.72

0.54

0.40

0.51

0.70

0.08

0.06

0.03

Net income per share Basic

0.15

0.35

0.04

0.02

0.07

0.21

0.40

1.09

0.64

0.76

0.57

0.40

0.52

0.43

0.43

0.06

0.00

Net income per share Diluted

0.15

0.35

0.04

0.01

0.07

0.21

0.39

1.07

0.63

0.73

0.54

0.38

0.50

0.60

0.08

0.02

0.00

Shares used to compute net income per share:
Shares used to compute net income per share, Basic

22,737

-

22,454

22,395

22,269

-

24,352

25,674

26,030

-

25,267

24,848

24,654

5,755

106

85

65

Shares used to compute net income per share, Diluted

23,181

-

22,718

22,663

22,536

-

24,674

26,120

26,734

-

26,278

26,063

25,640

6,985

542

277

65