ITERIS, INC. ITI Income Statement

Iteris, inc. (ITI)

Income statement / TTM

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
Product revenues
-	-	-	-	-	-	-	-	-	45,267	44,651	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Service revenues
-	-	-	-	-	-	-	-	-	55,159	54,587	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total revenues
109,313	103,720	100,255	99,123	0	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net sales
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Contract revenues
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Total revenues
-	-	-	-	-	-	-	-	-	100,426	99,238	-	90,474	86,797	83,310	77,748	75,997	74,523	72,500	72,251	71,829	70,837	69,314	68,228	66,488	63,934	62,411	61,685	61,042	61,929	60,818	58,406	55,039	52,111	50,184	51,966	0	0	0
Cost of product revenues
-	-	-	-	-	-	-	-	26,608	24,890	24,808	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cost of service revenues
-	-	-	-	-	-	-	-	37,419	37,125	36,532	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total cost of revenues
65,723	63,176	61,434	60,517	59,544	61,379	61,903	63,898	64,027	62,015	61,340	58,580	55,052	52,784	50,869	47,079	46,052	44,927	43,488	44,069	44,717	44,395	43,259	42,254	40,886	39,373	38,691	38,427	37,823	38,397	37,352	35,335	0	0	0	-	-	-	-
Cost of net sales
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Cost of contract revenues
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Gross profit
43,590	40,544	38,821	38,606	38,760	39,811	40,118	39,831	39,734	38,411	37,898	37,402	35,422	34,013	32,441	30,669	29,945	29,596	29,012	28,182	27,112	26,442	26,055	25,974	25,602	24,561	23,720	23,258	23,219	23,532	23,466	23,071	22,636	22,066	21,736	22,884	0	0	0
Operating expenses:
Selling, general and administrative
43,346	41,347	38,909	38,471	38,612	38,260	38,333	37,400	36,563	35,500	34,205	33,313	31,370	29,735	28,163	26,846	25,957	25,291	25,213	24,425	22,383	21,281	19,864	19,269	19,109	18,859	18,294	18,090	17,994	17,983	18,186	17,986	17,781	17,530	17,041	16,981	0	0	0
Research and development
8,189	7,648	7,574	7,819	8,279	8,338	8,307	7,945	7,144	7,177	6,994	6,877	6,790	6,664	7,040	6,933	6,842	6,607	5,820	5,396	5,195	4,662	4,324	4,029	3,520	3,337	3,222	3,071	3,076	3,042	3,063	3,183	2,742	2,531	2,256	2,444	0	0	0
Amortization of intangible assets
611	442	276	275	195	152	120	88	117	179	230	281	332	344	352	360	366	376	404	431	485	544	585	627	644	0	0	-	0	-	-	-	-	-	-	-	-	-	-
Amortization of intangible assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	433	316	240	176	0	0	0
Change in fair value of contingent consideration
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	9	13	17	22	25	154	162	0	-	0	0	-	-	-	-	-	-	-	-	-
Loss on impairment of goodwill
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-
Change in fair value of contingent consideration
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-
Change in fair value of contingent consideration
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-
Total operating expenses
52,146	49,437	46,759	46,565	47,086	46,750	46,760	45,433	45,992	45,024	43,597	42,639	38,492	36,743	35,555	34,139	33,165	32,275	31,442	30,261	28,076	26,504	24,795	23,950	23,301	22,996	22,320	21,624	21,546	21,067	20,844	21,054	20,372	28,044	27,579	27,626	0	0	0
Operating loss
-8,556	-8,893	-7,938	-7,959	-8,326	-6,939	-6,642	-5,602	-6,258	-6,613	-5,699	-5,237	-3,070	-2,730	-3,114	-3,470	-3,220	-2,679	-2,430	-2,079	-964	-62	1,260	2,024	2,301	1,565	1,400	1,634	1,673	2,465	2,622	2,017	2,264	-5,978	-5,843	-4,742	0	0	0
Non-operating income:
Other income, net
159	124	25	50	39	22	6	-16	-14	-6	-10	-7	-10	-5	0	-	0	0	-	-20	0	0	0	-	-1	3	-6	2	9	11	6	4	9	-1	20	18	0	0	0
Interest income
187	130	123	129	114	107	69	32	12	13	14	13	10	9	9	12	15	18	9	6	0	0	0	-	-4	0	-5	-6	-10	-35	-48	-72	-96	-121	-141	-152	0	0	0
Loss from operations before income taxes
-8,210	-8,639	-7,790	-7,780	-8,173	-6,810	-6,567	-5,586	-6,260	-6,606	-5,695	-5,231	-3,066	-2,729	-3,107	-3,456	-3,213	-2,674	-2,438	-2,093	-979	-70	1,265	2,024	2,296	1,568	1,389	1,630	1,672	2,441	2,580	1,949	2,177	-6,100	-5,964	-4,876	0	0	0
(Provision) benefit for income taxes
49	16	19	36	-390	-1,739	-1,776	-1,818	-1,440	-71	-46	-44	13	9,382	9,278	9,079	8,801	-1,005	-985	-816	-525	2	443	704	908	702	634	716	402	259	840	643	808	235	-168	278	0	0	0
Loss from continuing operations
-	-	-	-	-	-	-	-3,768	-4,820	-6,535	-5,649	-5,187	-3,079	-12,111	-12,385	-12,535	-12,014	-1,669	-1,453	-1,277	-454	-72	822	1,320	1,388	866	755	914	1,270	2,182	1,740	1,306	-6,205	0	0	-	0	-	-
Income from continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-
Gain on sale of discontinued operation, net of tax
-	-	-	-	-	-	-	242	341	333	391	361	329	299	218	214	219	218	210	207	200	154	108	89	27	1,408	1,408	1,465	1,607	1,331	0	-	0	0	-	-	-	-	-
Income from discontinued operation, net of tax
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	28	87	0	0	-	0	-	-
Income (loss) from discontinued operation, net of tax
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-
Net loss
-8,259	-8,655	-7,809	-7,816	-7,799	-4,992	-4,635	-3,526	-4,479	-6,202	-5,258	-4,826	-2,750	-11,812	-12,167	-12,321	-11,795	-1,451	-1,243	-1,070	-254	82	930	1,409	1,415	2,274	2,163	2,379	2,683	2,333	3,093	2,514	-4,873	-5,078	0	-	0	0	-
Loss per share from continuing operations - basic and diluted
-	-	-	-	-	-	-	-0.08	0.01	-0.03	-0.02	-0.10	-0.05	-0.01	0.00	-0.04	-0.33	-0.01	-0.01	-0.03	0.00	-0.01	0.00	0.00	0.01	0.02	0.01	0.00	-0.01	0.02	0.02	0.01	0.02	0.01	0.00	-	-	-	-
Gain per share from sale of discontinued operation - basic and diluted (in dollars per share)
-	-	-	-	-	-	-	0.00	0.00	0.00	0.01	-0.01	0.01	0.01	0.00	0.01	0.00	0.00	0.00	0.01	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.04	0.00	0.00	0.00	0.00	0.03	0.00	-	-	-	-
Income per share from discontinued operation - basic and diluted (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.00	0.00	0.00	0.00	-	-	-	-
Net loss per share - basic and diluted (in dollars per share)
-0.05	-0.05	-0.05	-0.07	-0.07	-0.04	-0.05	-0.08	0.01	-0.03	-0.01	-0.11	-0.04	0.00	0.00	-0.03	-0.33	-0.01	-0.01	-0.02	0.00	-0.01	0.00	0.00	0.01	0.02	0.01	0.00	0.03	0.02	0.02	0.01	0.02	0.04	0.00	-	-	-	-
Income (loss) per share from continuing operations - basic (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.21	0.02	-
Income (loss) per share from continuing operations - diluted (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.21	0.02	-
Gain per share from sale of discontinued operation - basic (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.00	0.00	-
Gain per share from sale of discontinued operation - diluted (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.00	0.00	-
Income (loss) per share from discontinued operation - basic (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.00	0.00	-
Income (loss) per share from discontinued operation - diluted (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.00	0.00	-
Net income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Net income (loss) per share - basic (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.20	0.02	0.02
Net income (loss) per share - diluted (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.20	0.02	0.02
Shares used in basic per share calculations (in shares)
40,593	40,493	34,268	33,324	33,297	33,242	33,201	33,093	32,877	32,628	32,506	-	32,205	-	-	-	-	-	-	32,570	32,568	32,585	32,657	32,777	32,734	32,629	32,520	32,992	33,532	33,631	33,809	34,026	34,217	34,428	34,365	34,347	34,332	34,332	34,329
Shares used in diluted per share calculations (in shares)
40,593	40,493	34,268	33,324	33,297	33,242	33,201	-	34,258	-	32,506	-	32,205	-	-	-	-	-	-	32,570	32,568	32,585	32,657	32,911	32,897	32,864	32,716	33,160	33,641	33,772	33,863	34,190	34,271	34,500	34,559	33,933	34,332	34,383	34,692
Shares used in basic and diluted per share calculations (in shares)
-	-	-	-	-	-	-	-	-	-	-	-	-	32,117	32,052	-	32,013	31,935	32,203	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Product
Total revenues
54,081	52,209	50,826	48,227	0	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total cost of revenues
30,850	31,084	30,435	28,434	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Service
Total revenues
55,232	51,511	49,429	50,896	0	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total cost of revenues
34,873	32,092	30,999	32,083	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-