Infinera corp (INFN)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09
Revenue:
Revenue

1,298,865

943,379

740,739

870,135

886,714

668,079

544,122

438,437

404,877

454,352

309,101

Ratable product and related support and services

-

-

-

-

-

-

-

-

-

6,155

4,231

Cost of revenue:
Amortization of intangible assets

32,583

23,475

20,474

19,715

-

-

-

-

-

-

-

Acquisition and integration costs

28,449

0

0

1,870

-

-

-

-

-

-

-

Cost of ratable product and related support and services

-

-

-

-

-

-

-

-

-

3,217

1,931

Restructuring and related

29,935

2,630

19,141

0

0

-

-

-

-

-182

3,038

Total cost of revenue

972,942

622,223

496,739

476,417

483,237

379,775

325,483

280,868

239,386

248,163

207,000

Gross profit

325,923

321,156

244,000

393,718

403,477

288,304

218,639

157,569

165,491

206,189

102,101

Operating expenses:
Research and development

287,977

244,302

224,368

232,143

180,703

133,484

124,794

117,233

127,120

118,518

97,288

Sales and marketing

151,423

124,238

109,511

111,678

101,398

79,026

72,778

75,862

64,773

58,103

48,391

General and administrative

126,351

80,957

70,620

67,612

61,640

48,452

45,253

47,475

54,375

58,098

45,269

Amortization of intangible assets

27,280

29,296

6,160

6,189

-

-

-

-

-

-

-

Restructuring and related

40,851

12,512

16,106

0

0

-

-

-

-129

159

814

Total operating expenses

676,153

506,835

427,087

419,492

343,741

260,962

242,825

240,570

246,139

234,878

191,762

Loss from operations

-350,230

-185,679

-183,087

-25,774

59,736

27,342

-24,186

-83,001

-80,648

-28,689

-89,661

Other income (expense), net:
Interest income

1,139

2,428

3,328

2,478

1,837

1,456

923

911

1,014

1,390

2,688

Interest expense

31,657

22,049

14,017

12,887

11,941

11,021

6,061

0

0

-

-

Total other-than-temporary impairment losses

-

-

-

-

-

-

-

-

-

-

2,747

Portion of loss recognized in other comprehensive loss

-

-

-

-

-

-

-

-

-

-

-1,653

Net impairment losses recognized in earnings

-

-

-

-

-

-

-

-

-

-

1,094

Other gain (loss), net

-2,907

-9,650

-2,160

7,002

2,399

-1,365

-1,141

-1,050

-419

-316

-426

Total other income (expense), net

-33,425

-29,271

-12,849

-3,407

-7,705

-10,930

-6,279

-139

595

1,074

1,168

Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest

-383,655

-214,950

-195,936

-29,181

52,031

16,412

-30,465

-83,140

-80,053

-27,615

-88,493

Income Tax Expense (Benefit)

3,000

-700

-1,400

-4,800

1,081

2,753

1,654

2,190

1,691

317

-1,871

Net loss

-

-

-

-24,430

50,950

13,659

-32,119

-

-

-

-

Less: Loss attributable to noncontrolling interest

-

-

-

-503

-463

0

0

-

-

-

-

Net Income (Loss) Attributable to Parent

-386,618

-214,295

-194,506

-23,927

51,413

13,659

-32,119

-85,330

-81,744

-27,932

-86,622

Earnings Per Share [Abstract]
Basic (in usd per share)

-2.16

-1.36

-1.32

-0.17

0.39

0.11

-0.27

-0.77

-0.78

-0.28

-0.91

Diluted (in usd per share)

-2.16

-1.36

-1.32

-0.17

0.36

0.11

-0.27

-0.77

-0.78

-0.28

-0.91

Weighted average shares used in computing net loss per common share:
Weighted Average Number of Shares Outstanding, Basic

178,984

157,748

147,878

142,989

133,259

123,672

117,425

110,739

105,432

99,380

95,468

Diluted (in shares)

178,984

157,748

147,878

142,989

143,171

128,565

117,425

110,739

105,432

99,380

95,468

Product [Member]
Revenue

1,011,488

763,555

610,535

751,167

769,230

572,276

465,424

380,035

352,644

401,578

276,012

Cost of revenue

735,059

517,765

406,644

413,551

436,916

340,856

295,715

259,437

220,806

225,183

189,723

Service [Member]
Revenue

287,377

179,824

130,204

118,968

117,484

95,803

78,698

58,402

52,233

46,619

28,858

Cost of revenue

146,916

78,353

50,480

43,151

46,321

38,919

29,768

21,431

18,580

19,945

12,308