INTEGER HOLDINGS CORPORATION ITGR Income Statement

Integer holdings corporation (ITGR)

Income statement / Quarterly

Apr'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	Sep'10	Jun'10
Revenue from Contract with Customer, Excluding Assessed Tax
328,426	325,637	303,587	314,194	314,676	303,034	305,088	314,464	292,426	223,583	286,168	280,916	345,413	48,315	346,567	348,382	332,238	317,567	146,637	174,890	161,320	169,726	171,699	172,081	174,281	176,619	167,730	171,331	148,265	159,186	161,340	166,548	159,103	141,746	131,718	146,524	148,834	127,490	140,795
Cost of sales
231,724	249,607	210,201	217,210	226,066	214,589	213,165	215,699	208,894	139,160	196,982	191,741	254,187	-3,956	248,658	252,351	240,770	244,427	94,991	116,939	108,922	112,512	113,581	113,611	116,685	119,234	111,853	114,029	99,516	107,312	110,386	114,615	112,215	97,074	89,811	99,920	101,664	85,496	95,336
Gross profit
96,702	76,030	93,386	96,984	88,610	88,445	91,923	98,765	83,532	84,423	89,186	89,175	91,226	52,271	97,909	96,031	91,468	73,140	51,646	57,951	52,398	57,214	58,118	58,470	57,596	57,385	55,877	57,302	48,749	51,874	50,954	51,933	46,888	44,672	41,907	46,604	47,170	41,994	45,459
Operating expenses:
Selling, general and administrative expenses
36,457	37,661	32,935	33,143	34,956	35,141	34,091	36,780	36,429	33,364	35,064	35,146	39,499	20,663	36,265	37,628	41,888	33,509	22,308	24,104	22,609	24,849	22,121	21,877	21,755	24,198	21,569	22,248	20,092	20,939	20,274	20,745	19,034	18,568	17,760	17,571	18,649	17,098	16,470
Research, development and engineering costs
13,241	11,809	11,729	11,396	11,595	10,159	12,234	12,935	13,276	11,972	12,227	11,240	13,411	5,541	11,412	13,640	17,306	13,088	14,299	13,063	12,545	9,883	13,638	12,793	13,531	15,094	13,806	14,097	11,080	11,165	13,240	14,174	13,911	12,803	11,072	11,250	10,388	11,402	11,177
Other operating expenses
-2,928	20,390	-2,241	-3,108	-2,890	28,680	-4,139	-4,692	-3,784	61,005	-6,069	-6,727	-11,771	110,417	-13,370	-15,494	-21,140	95,913	-13,844	-7,750	-7,855	25,520	-6,176	-4,261	214	26,350	-3,500	-3,822	-3,238	18,365	15,313	5,923	2,745	759	187	-520	167	325	-495
Total operating expenses
52,626	53,382	46,905	47,647	49,441	48,750	50,464	54,407	53,489	57,207	53,360	53,113	64,681	36,613	61,047	66,762	80,334	83,612	50,451	44,917	43,009	39,806	41,935	38,931	35,072	44,522	38,875	40,167	34,410	50,469	48,827	40,842	35,690	32,130	29,019	28,301	29,204	28,825	28,142
Operating income
44,076	22,648	46,481	49,337	39,169	39,695	41,459	44,358	30,043	27,216	35,826	36,062	26,545	15,658	36,862	29,269	11,134	-10,472	1,195	13,034	9,389	17,408	16,183	19,539	22,524	12,863	17,002	17,135	14,339	1,405	2,127	11,091	11,198	12,542	12,888	18,303	17,966	13,169	17,317
Interest expense
10,361	12,766	12,337	13,612	13,830	13,955	54,526	15,234	15,595	4,213	15,808	15,058	28,893	-15,064	27,870	27,908	27,617	25,362	5,825	1,206	1,120	1,044	1,051	1,073	1,084	1,313	1,515	1,445	6,988	4,879	4,401	4,415	4,359	4,126	4,125	4,403	4,274	4,577	5,139
Interest income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	12	1	0	8	4	3
(Gain) loss on equity investments, net
1,925	191	986	-1,611	-41	78	291	284	4,970	1,354	1,906	-4,427	-398	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-317	4,549	0	0
Other (income) loss, net
999	-343	369	718	-166	-495	-1,684	2,387	-960	-151	-2,490	-6,763	-1,449	1,634	-275	-674	3,721	-4,977	4,636	107	1,551	-3,248	3,768	-334	621	-1,453	-57	679	285	507	-102	-194	720	-134	-475	819	422	306	200
Income from continuing operations before taxes
36,639	9,730	35,499	34,832	25,132	25,281	-14,460	31,795	18,500	24,206	19,434	9,814	-4,195	31,523	8,717	687	-12,762	-37,461	6	11,935	9,820	17,486	18,900	18,132	22,061	11,217	15,544	15,011	7,066	-4,087	-2,172	6,870	6,119	8,562	9,239	12,764	17,827	8,290	11,981
Provision for income taxes
5,539	-1,314	4,913	6,610	3,766	6,127	-6,157	8,739	5,374	-37,779	-448	255	144	4,673	-2,741	1,457	-102	-12,554	-16	2,652	1,812	3,310	4,888	5,784	7,139	1,436	4,473	5,259	1,403	1,469	5,389	3,019	1,652	2,923	2,250	4,214	5,883	2,326	4,193
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, Net of Tax
-	-	-	-	-	-	-	-	-	-	-	-	6,536	-31,519	3,191	-9,701	18,760	-6,374	144	214	-1,825	-1,080	-3,211	-393	1,182	374	3,579	631	-3,063	2,427	1,005	-5,565	4,038	-3,591	-8,416	9,088	2,215	9,253	-1,460
Net change in cash flow hedges, net of tax
-	-	-	-	-	-	-	-	-	-	-	-	1,750	2,787	571	-1,247	367	108	689	-89	-600	-1,473	-49	86	77	-17	-403	-231	269	-496	399	0	525	125	-777	111	270	281	107
Other Comprehensive (Income) Loss, Defined Benefit Plan, after Reclassification Adjustment, after Tax
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-869	0	0	597	-1,685	0	0	0	-	-	-	-	-	-
Other Comprehensive Income (Loss), Net of Tax
-	-	-	-	-	-	-	-	-	-	-	-	8,286	-29,311	3,762	-10,948	19,127	-6,286	833	125	-2,425	-2,927	-3,260	-307	1,259	32	3,176	400	-2,197	3,616	1,404	-5,565	4,563	-	-	-	-	-	-
Comprehensive income (loss)
-	-	-	-	-	-	-	-	-	-	-	-	3,947	-21,378	15,220	-11,718	6,467	-31,193	855	9,408	5,583	11,249	10,752	12,041	16,181	9,813	14,247	10,152	3,466	-1,940	-6,157	-1,714	9,030	1,607	-2,204	17,749	14,429	15,498	6,435
Income from continuing operations
31,100	11,044	30,586	28,222	21,366	19,196	-8,303	23,056	13,084	-	19,882	9,559	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Discontinued operations:
Discontinued Operations and Disposal Groups [Abstract]
Income from discontinued operations before taxes
0	-20	0	4,930	386	62	195,874	-1,374	-6,249	-	-7,444	-5,698	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Provision for income taxes
0	0	0	95	83	-6,487	73,492	1,660	-1,283	-	-1,252	871	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income from discontinued operations
0	-20	0	4,835	303	6,549	122,382	-3,034	-4,966	-	-6,192	-6,569	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income
31,100	11,024	30,586	33,057	21,669	25,745	114,079	20,022	8,118	54,338	13,690	2,990	-4,339	7,933	11,458	-770	-12,660	-24,907	22	9,283	8,008	14,176	14,012	12,348	14,922	9,781	11,071	9,752	5,663	-5,556	-7,561	3,851	4,467	5,639	6,989	8,550	11,944	5,964	7,788
Basic earnings per share:
Income from continuing operations (in dollars per share)
0.95	0.33	0.94	0.87	0.66	0.59	-0.26	0.72	0.41	-	0.63	0.31	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss from discontinued operations (in dollars per share)
0.00	0.00	0.00	0.15	0.01	0.21	3.80	-0.09	-0.16	-	-0.20	-0.21	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Basic (in dollars per share)
0.95	0.33	0.94	1.01	0.67	0.82	3.54	0.62	0.25	1.73	0.43	0.10	-0.14	0.26	0.37	-0.03	-0.41	-0.97	0.00	0.36	0.32	0.56	0.56	0.50	0.61	0.40	0.46	0.41	0.24	-0.23	-0.32	0.16	0.19	0.24	0.30	0.37	0.51	0.26	0.34
Diluted earnings per share:
Income from continuing operations (in dollars per share)
0.94	0.34	0.92	0.85	0.65	0.60	-0.26	0.70	0.40	-	0.62	0.30	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss from discontinued operations (in dollars per share)
0.00	-0.01	0.00	0.15	0.01	0.15	3.80	-0.09	-0.15	-	-0.19	-0.21	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Diluted (in dollars per share)
0.94	0.34	0.92	1.00	0.66	0.75	3.54	0.61	0.25	1.70	0.43	0.09	-0.14	0.26	0.37	-0.03	-0.41	-0.95	0.00	0.35	0.31	0.54	0.54	0.48	0.58	0.37	0.44	0.39	0.23	-0.23	-0.32	0.16	0.19	0.23	0.30	0.36	0.51	0.25	0.33
Weighted average shares outstanding:
Basic (in shares)
32,807	32,691	32,660	32,621	32,536	32,393	32,211	32,038	31,902	31,696	31,594	31,302	31,016	30,845	30,782	30,767	30,718	29,179	25,536	25,473	25,264	24,949	24,899	24,838	24,614	24,253	24,047	23,914	23,750	23,659	23,646	23,611	23,420	23,308	23,297	23,227	23,200	23,078	23,058
Diluted (in shares)
33,117	33,091	33,068	33,009	32,980	33,030	32,211	32,720	32,423	33,053	32,173	31,982	31,016	31,254	31,153	30,767	30,718	26,479	26,441	26,313	26,219	26,382	25,923	25,901	25,694	26,767	25,188	24,922	24,415	22,966	23,646	23,876	23,848	23,508	23,611	23,838	23,587	23,406	23,926