Internap corp (INAP)
Income statement / Quarterly
Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Mar'10Sep'09
Net revenues

71,929

72,878

73,134

73,564

77,023

82,972

81,962

74,201

-

68,907

69,642

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Data center services

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

42,139

41,493

39,938

-

34,114

32,481

31,542

31,731

31,550

31,197

33,722

33,547

Internet protocol (IP) services

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

25,990

27,194

27,090

-

27,900

27,929

-

-

-

-

-

-

Total revenues

-

-

-

-

-

-

-

-

-

-

-

72,133

-

73,940

74,315

75,924

-

78,318

80,432

-

-

-

-

-

-

-

-

-

-

68,129

68,687

67,028

-

62,014

60,410

-

-

-

-

-

64,414

Operating costs and expenses:
Direct Operating Costs

27,760

27,504

25,949

25,733

27,490

28,221

27,331

24,607

-

24,945

26,429

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Internet protocol (IP) services

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

27,862

-

28,765

29,328

29,643

30,867

Total revenues

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

59,404

-

60,315

60,525

63,365

-

Data center services

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

23,539

22,649

20,970

-

20,480

19,733

18,530

19,529

20,405

19,784

23,043

24,450

IP services

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

10,034

9,992

10,184

-

10,307

10,836

10,500

10,979

11,162

11,479

11,042

12,047

Direct Cost Of Customer Support

6,450

8,145

8,726

8,790

8,305

7,984

8,841

7,387

6,123

6,237

6,133

7,264

7,476

7,985

7,919

8,804

9,094

9,173

9,090

9,118

9,210

9,114

9,553

8,927

7,636

7,528

7,372

7,151

6,557

6,898

6,481

6,728

5,387

5,407

5,374

5,110

5,282

5,033

4,606

4,940

4,767

Sales, general and administrative

18,055

15,791

15,683

17,521

17,397

18,170

19,602

19,854

15,262

15,331

15,571

16,564

15,223

18,355

18,131

18,930

18,697

19,098

21,577

21,968

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Depreciation and amortization

19,998

21,582

21,955

22,178

20,993

23,553

22,712

21,158

15,833

20,917

18,934

17,745

19,021

19,597

19,217

19,113

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Goodwill impairment

-

-

-

-

-

-

-

-

-

-

-

-

-

78,169

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Direct costs of amortization of acquired and developed technologies

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,524

1,551

1,461

-

1,273

1,190

1,179

-

1,179

1,179

-

-

-

-

-

-

979

979

979

-

Direct costs of amortization of acquired technologies

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,179

-

875

875

875

-

-

-

-

-

Direct costs of amortization of acquired technologies

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

979

Sales and marketing

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

8,858

9,977

10,103

-

8,048

8,077

7,484

7,370

7,569

8,314

8,090

6,837

7,314

7,731

7,833

7,655

7,451

7,002

7,124

5,955

General and administrative

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

11,611

11,461

11,398

-

8,740

9,555

9,686

8,747

8,985

10,676

10,227

9,041

8,333

7,449

9,129

7,311

8,233

9,174

8,330

10,626

Depreciation and amortization

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

24,631

22,566

20,208

-

19,391

17,917

17,465

19,072

12,264

11,554

10,258

9,683

9,885

8,664

7,915

10,458

9,647

8,768

8,053

7,770

7,601

7,013

7,774

7,313

Loss on disposal of property and equipment, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-4

2

-3

36

-1

4

16

0

47

-11

-73

-110

13

-18

-1

-

Loss (gain) on disposal of property and equipment, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-20

Exit activities, restructuring and impairments

-

3,792

231

1,416

-

2,347

826

-33

-

745

4,628

1,023

5,213

1,670

152

201

1,034

920

59

265

1,519

56

1,561

1,384

209

274

683

248

610

124

645

43

-

123

1,304

-

-

-

-

-

-

Restructuring

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

189

-

0

1,183

18

-

Total operating costs and expenses

134,936

76,814

72,544

75,638

76,451

80,275

79,312

72,973

62,869

68,175

71,695

71,641

79,115

157,338

76,789

78,125

85,510

87,503

86,270

84,905

86,516

87,702

88,582

86,498

79,942

70,926

71,082

68,879

67,699

68,213

68,596

65,320

63,739

62,439

62,081

60,292

59,720

60,851

61,238

63,251

66,157

(Loss) income from operations

-63,007

-3,936

590

-2,074

572

2,697

2,650

1,228

7,167

732

-2,053

492

-4,997

-83,398

-2,474

-2,201

-6,753

-9,185

-5,838

-4,119

-2,253

-3,035

-4,514

-4,537

-5,854

-1,354

-1,099

820

2,049

-84

91

1,708

-939

-425

-1,671

-888

239

-536

-713

114

-1,743

Interest expense

18,564

19,913

19,218

17,447

17,686

17,794

16,739

15,604

13,352

12,299

17,145

8,137

7,964

7,878

8,082

6,985

6,983

6,923

6,825

6,865

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss (gain) on foreign currency, net

-116

-6

-118

-204

264

-195

-26

215

-40

-197

-191

-97

66

0

-118

-433

-

-

-

514

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6,699

6,806

6,491

-

2,429

2,474

2,421

2,232

1,996

1,754

1,584

1,012

1,166

875

648

730

618

518

304

-

Interest expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

189

Interest income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2

33

29

8

Other income, net

-

-

-

-

-

-

-

-

-

-

-

-

-27

30

2

77

168

288

-55

16

305

149

-382

-101

324

-67

-479

-131

131

-118

-254

-42

-59

-20

-48

-38

-

-4

-6

-30

11

Nonoperating Income (Expense)

-14,484

-19,919

-19,336

-17,651

-17,422

-17,989

-16,765

-15,389

-13,392

-12,496

-17,336

-8,234

-7,925

-7,848

-8,198

-7,341

-6,558

-6,635

-6,880

-6,335

-6,445

-6,550

-7,188

-6,592

-4,840

-2,496

-2,953

-2,552

-2,101

-2,114

-2,008

-1,626

-1,071

-1,186

-923

-686

-754

-620

-491

-305

-170

Loss before income taxes and equity in earnings of equity-method investment

-77,491

-23,855

-18,746

-19,725

-16,850

-15,292

-14,115

-14,161

-6,225

-11,764

-19,389

-7,742

-12,922

-91,246

-10,672

-9,542

-13,311

-15,820

-12,718

-10,454

-8,698

-9,585

-11,702

-11,129

-10,694

-3,850

-4,052

-1,732

-52

-2,198

-1,917

82

-2,010

-1,611

-2,594

-1,574

-515

-1,156

-1,204

-191

-1,913

Income tax (benefit) expense

-1,328

-6

-211

-103

254

162

141

100

-436

221

-50

518

235

95

62

138

-1,938

-1,612

-137

27

-379

-128

-437

-417

-188

254

-288

-63

-50

289

179

35

-6,066

275

106

73

33

634

129

156

93

Income (Loss) from Equity Method Investments

-

-

-

-

-

-

-

-

-1

1,122

56

30

49

44

41

36

103

11

47

39

62

80

80

37

56

69

62

26

24

37

99

60

-

98

88

-

-

-

-

-

31

Net Income (Loss), Including Portion Attributable to Noncontrolling Interest

-76,163

-23,849

-18,535

-19,622

-17,104

-15,454

-14,256

-14,261

-5,790

-10,863

-19,283

-8,230

-

-91,297

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net Income (Loss) Attributable to Noncontrolling Interest

18

21

20

22

50

25

23

27

38

32

0

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Equity in (earnings) of equity-method investment, net of taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

147

-

128

62

87

-

Net Income (Loss) Attributable to Parent

-

-23,870

-18,555

-19,644

-

-15,479

-14,279

-14,288

-

-10,895

-19,283

-8,230

-13,108

-91,297

-10,693

-9,644

-11,270

-14,197

-12,534

-10,442

-8,257

-9,377

-11,185

-10,675

-10,450

-4,035

-3,702

-1,643

22

-2,450

-1,997

107

4,198

-1,788

-2,612

-1,500

-429

-1,662

-1,271

-260

-1,975

Other comprehensive income (loss):
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, Net of Tax, Portion Attributable to Parent

202

-18

-27

197

235

-98

61

61

9

-91

32

73

-278

122

9

108

-88

49

-16

-142

-337

-264

107

63

-

429

-243

-663

-108

221

-114

85

-

12

20

-

-

-

-

-

-

Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Gain (Loss) Arising During Period, Net of Tax

-

-

-

-

-

-

-

-

0

0

60

85

-20

-93

75

638

-366

-192

168

-355

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Unrealized gain on interest rate swap

-

-

-

-

-

-

-

-

-

-

-

-

194

198

189

147

186

47

67

-216

-97

341

-329

49

-573

-150

-5

-49

-

-

-

-

-

-

-

-

-

-

-

-

-

Total other comprehensive income

202

-18

-27

197

235

-98

61

61

9

-91

92

158

-104

227

273

893

-268

-96

219

-713

-434

77

-222

112

-560

279

-248

-712

-108

221

-114

85

-

-

-

-

-

-

-

-

-

Foreign currency translation adjustment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

200

-

-

-

-

-

Comprehensive loss

-75,979

-23,888

-18,582

-19,447

-16,919

-15,577

-14,218

-14,227

-5,819

-10,986

-19,191

-8,072

-13,212

-91,070

-10,420

-8,751

-11,538

-14,293

-12,315

-11,155

-8,691

-9,300

-11,407

-10,563

-11,010

-3,756

-3,950

-2,355

-86

-2,229

-2,111

192

4,102

-1,776

-2,592

-1,300

-

-

-

-

-

Basic and diluted net loss per share (in dollars per share)

-3.19

-1.01

-0.78

-0.83

-0.77

-0.77

-0.71

-0.70

-0.31

-0.56

-0.96

-0.50

-7.39

-1.75

-0.21

-0.19

-3.02

-0.27

-0.24

-0.20

-0.16

-0.18

-0.22

-0.21

-0.41

-0.08

0.07

0.03

0.00

-0.05

-0.04

0.00

0.09

-0.04

-0.05

-0.03

0.00

-0.03

-0.03

-0.01

-0.04

Weighted average shares outstanding used in computing basic and diluted net loss per share (in shares)

24,170

23,671

23,667

23,652

22,617

20,206

20,053

20,052

20,080

19,929

19,876

16,087

-103,600

52,096

52,062

51,774

217

51

51,579

51

51,813

51,063

51,045

51,027

-152,304

50,882

50,856

50,771

-

50,572

50,453

-

-

50,217

50,174

-

-

-

-

-

-

Weighted average shares outstanding Basic (in shares)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

50,336

-

-

-

50,124

-

-

-

-

-

Weighted average shares outstanding Diluted (in shares)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

51,033

-

-

-

50,124

-

-

-

-

-

Weighted average shares outstanding used in computing basic and diluted net loss per share

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

50,026

50,013

49,944

-

Weighted average shares outstanding used in computing basic and diluted net loss per share

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

49,638