ICU MEDICAL INC/DE ICUI Income Statement

Icu medical inc/de (ICUI)

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	Dec'09	Sep'09	Jun'09	Mar'09	Sep'08	Jun'08
REVENUES:
Revenue from Contract with Customer, Excluding Assessed Tax
328,607	315,523	307,471	312,282	330,932	340,378	327,169	360,460	372,033	370,124	343,236	331,514	247,739	95,688	97,108	96,721	89,855	90,387	86,016	83,781	81,484	79,896	77,457	78,677	73,230	77,941	82,815	78,661	74,299	82,672	81,405	77,281	75,511	76,470	76,458	77,796	71,471	73,997	75,737	68,862	64,363	67,272	53,965	53,399	54,335	54,735	48,592
Cost of goods sold
207,192	201,383	188,919	208,413	195,629	205,738	192,582	208,660	223,032	232,634	231,638	243,452	158,794	44,928	45,835	46,589	40,622	42,130	39,751	40,020	38,970	40,211	39,310	41,135	37,203	38,996	41,860	40,623	37,505	40,904	40,710	38,199	40,546	40,517	40,884	41,595	36,845	38,113	41,705	36,735	37,436	38,400	28,916	27,610	27,769	29,788	27,788
Gross Profit
121,415	114,140	118,552	103,869	135,303	134,640	134,587	151,800	149,001	137,490	111,598	88,062	88,945	50,760	51,273	50,132	49,233	48,257	46,265	43,761	42,514	39,685	38,147	37,542	36,027	38,945	40,955	38,038	36,794	41,768	40,695	39,082	34,965	35,953	35,574	36,201	34,626	35,884	34,032	32,127	26,927	28,872	25,049	25,789	26,566	24,947	20,804
OPERATING EXPENSES:
Selling, general and administrative
72,305	70,649	65,876	67,824	72,633	76,531	76,640	81,816	85,015	75,357	76,820	85,106	64,886	22,598	22,362	22,491	21,975	22,518	20,206	20,318	20,174	20,299	21,843	24,278	22,519	20,559	22,399	23,182	22,866	20,731	20,177	22,806	20,890	22,283	20,411	19,730	22,863	19,268	18,341	19,372	19,655	19,839	16,751	16,503	15,112	13,571	13,685
Research and development
10,746	12,587	12,002	11,199	12,823	13,525	13,181	13,575	12,586	13,876	12,769	12,967	11,641	2,654	3,650	3,338	3,313	4,057	4,227	3,122	4,308	5,080	5,055	4,566	3,631	3,458	3,140	3,906	1,903	2,220	2,988	2,729	2,693	2,168	1,877	2,491	2,052	1,741	1,067	952	918	629	661	617	738	857	1,452
Restructuring, strategic transaction and integration
12,307	-	7,975	37,041	24,392	-	24,012	18,690	21,569	-	18,711	19,921	29,401	-	2,806	1,533	0	-	3,411	0	-	-	2,840	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change in fair value of contingent earn-out
0	0	-200	-39,500	-7,700	-100	18,500	6,000	-4,000	-5,000	7,000	6,000	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
contract settlement
0	-	0	1,039	2,783	-	0	0	28,917	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on sale of building
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,086	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Legal settlements, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-5,261	0	7,059	0	0	0	0	-	-	-	-	-	-	-	-	0	0	0	-2,500	-	0	0	-	-	-	-	-	-	-
Restructuring charges
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
TOTAL OPERATING EXPENSES
95,358	96,317	85,653	77,603	104,931	143,771	132,333	120,081	144,087	94,167	115,300	123,994	105,928	36,989	28,818	27,362	25,288	35,754	21,497	23,440	31,541	27,632	29,738	28,844	26,150	25,387	25,539	27,088	24,769	22,951	23,165	25,535	23,583	10,209	22,288	22,221	22,415	21,009	19,408	20,324	20,573	20,468	17,412	17,120	15,850	14,428	15,137
INCOME (LOSS) FROM OPERATIONS
26,057	17,823	32,899	26,266	30,372	-9,131	2,254	31,719	4,914	43,323	-3,702	-35,932	-16,983	13,771	22,455	22,770	23,945	12,503	24,768	20,321	10,973	12,053	8,409	8,698	9,877	13,558	15,416	10,950	12,025	18,817	17,530	13,547	11,382	25,744	13,286	13,980	12,211	14,875	14,624	11,803	6,354	8,404	7,637	8,669	10,716	10,519	5,667
Business Combination, Bargain Purchase, Gain Recognized, Amount
-	-	-	-	-	-	-	-	-	-871	8,534	0	63,237	0	346	1,110	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest Expense
196	138	139	139	133	161	283	130	135	304	705	525	513	-	58	48	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
OTHER INCOME (EXPENSE), net
-5,480	3,236	-10	1,479	3,191	-3,191	-534	-1,992	-956	-2,236	583	-2,720	107	330	283	125	147	177	230	240	526	183	155	207	210	195	190	212	168	125	158	145	135	235	132	431	403	89	-215	63	192	139	419	305	318	994	1,139
INCOME BEFORE INCOME TAXES
20,381	20,921	32,750	27,606	33,430	-12,483	1,437	29,597	3,823	39,902	4,710	-39,177	45,848	14,089	23,026	23,957	24,092	12,641	24,998	20,561	11,499	12,236	8,564	8,905	10,087	13,753	15,606	11,162	12,193	18,942	17,688	13,692	11,517	25,979	13,418	14,411	12,614	14,964	14,409	11,866	6,546	8,543	8,056	8,974	11,034	11,513	6,806
(PROVISION) BENEFIT FOR INCOME TAXES
3,547	280	6,187	4,773	2,432	-5,128	1,218	-1,457	-1,052	-9,803	4,574	-2,117	-10,015	4,577	4,220	7,351	5,932	7,178	8,732	6,991	1,813	4,864	2,136	3,027	3,430	421	4,572	3,795	3,508	6,599	5,500	4,543	3,916	8,137	4,157	4,918	4,541	5,984	5,434	4,153	2,291	2,689	1,732	3,233	3,972	3,868	2,034
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
16,834	20,641	26,563	22,833	30,998	-7,355	219	31,054	4,875	49,705	136	-37,060	55,863	9,512	18,806	16,606	18,160	5,463	16,266	13,570	9,686	7,372	6,428	5,878	6,657	13,332	11,034	7,367	8,685	12,343	12,188	9,149	7,601	17,842	9,261	9,493	8,073	8,980	8,975	7,713	4,255	5,854	6,324	5,741	7,062	7,645	4,772
Earnings Per Share [Abstract]
Basic (in dollars per share)
0.81	0.99	1.29	1.11	1.51	-0.37	0.01	1.53	0.24	2.33	0.01	-1.87	3.03	0.58	1.16	1.03	1.13	0.34	1.02	0.86	0.62	0.47	0.42	0.39	0.44	0.90	0.75	0.50	0.60	0.86	0.85	0.65	0.54	1.29	0.66	0.69	0.59	0.65	0.67	0.57	0.31	0.40	0.43	0.39	0.48	0.53	0.34
Diluted (in dollars per share)
0.78	0.95	1.24	1.06	1.44	-0.35	0.01	1.44	0.23	2.29	0.01	-1.87	2.86	0.51	1.09	0.98	1.08	0.32	0.98	0.83	0.60	0.45	0.42	0.38	0.43	0.87	0.72	0.48	0.58	0.82	0.82	0.63	0.53	1.26	0.65	0.67	0.57	0.65	0.65	0.56	0.30	0.40	0.42	0.38	0.47	0.52	0.33
WEIGHTED AVERAGE NUMBER OF SHARES
Basic (in shares)
20,780	20,701	20,666	20,622	20,527	20,495	20,474	20,352	20,255	20,212	19,984	19,821	18,439	16,339	16,200	16,091	16,042	16,024	15,894	15,781	15,693	15,470	15,319	15,242	15,097	14,944	14,684	14,617	14,507	14,436	14,321	14,179	13,956	13,864	13,932	13,852	13,692	13,623	13,489	13,469	13,863	14,569	14,796	14,780	14,735	14,327	13,966
Diluted (in shares)
21,507	21,622	21,487	21,520	21,551	21,802	21,633	21,569	21,400	22,956	21,106	19,821	19,549	17,860	17,286	17,000	16,870	16,823	16,575	16,352	16,234	16,343	15,488	15,362	15,395	15,503	15,324	15,216	15,053	15,136	14,826	14,620	14,318	14,147	14,184	14,257	14,056	13,900	13,752	13,657	14,111	14,850	15,146	15,071	14,869	14,685	14,381
Product [Member]
Net sales
-	-	-	-	-	-	-	-	-	-	-	331,218	231,788	95,680	97,098	96,712	89,849	90,378	85,891	83,662	81,323	79,773	77,329	78,555	73,113	77,637	82,709	78,537	74,173	82,534	81,266	77,139	75,383	76,326	76,317	77,661	71,338	73,846	75,589	68,710	64,212	67,124	53,830	53,282	54,195	54,374	48,382
Product and Service, Other [Member]
Net sales
-	-	-	-	-	-	-	-	-	-	-	296	15,951	8	10	9	6	9	125	119	161	123	128	122	117	304	106	124	126	138	139	142	128	144	141	135	133	151	148	152	151	148	135	117	140	361	210