| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 | Dec'08 |
|---|---|---|---|---|---|---|---|---|---|---|---|
Revenues | |||||||||||
Revenues | |||||||||||
2,502 | 2,376 | 2,018 | 2,013 | 1,883 | 1,947 | 1,938 | 2,178 | 2,434 | 2,259 | 1,687 | 1,909 |
Cost of revenues | |||||||||||
Cost of revenues | |||||||||||
1,750 | 1,645 | 1,341 | 1,350 | 1,326 | 1,333 | 1,323 | 1,463 | 1,687 | 1,558 | 1,147 | 1,262 |
Gross profit | |||||||||||
752 | 730 | 676 | 662 | 556 | 614 | 614 | 715 | 746 | 700 | 539 | 646 |
Operating expenses | |||||||||||
Sales, general and administrative | |||||||||||
346 | 423 | 325 | 319 | - | - | - | - | - | - | - | - |
Sales and marketing | |||||||||||
- | - | - | - | 161 | 182 | 182 | 197 | 185 | 171 | 151 | 167 |
Research and development | |||||||||||
202 | 207 | 169 | 167 | 162 | 175 | 175 | 178 | 161 | 139 | 121 | 120 |
General and administrative | |||||||||||
- | - | - | - | 155 | 162 | 143 | 138 | 142 | 137 | 123 | 128 |
Amortization of intangible assets | |||||||||||
64 | 71 | 20 | 25 | 31 | 43 | 42 | 47 | 63 | 69 | 98 | 120 |
Restructuring | |||||||||||
6 | 77 | 6 | 49 | -7 | 49 | 36 | 1 | 68 | 0 | 0 | - |
Goodwill impairment | |||||||||||
- | - | - | - | - | - | 174 | 0 | 584 | 0 | 0 | - |
Total operating expenses | |||||||||||
619 | 780 | 521 | 561 | 503 | 613 | 754 | 564 | 1,205 | 516 | 494 | 537 |
Operating income | |||||||||||
132 | -49 | 154 | 100 | 52 | 0 | -139 | 151 | -459 | 184 | 45 | 109 |
Other income (expense) | |||||||||||
Interest income | |||||||||||
1 | 2 | 2 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 1 | 5 |
Interest expense | |||||||||||
52 | 58 | 13 | 13 | 12 | 11 | 10 | 10 | 36 | 54 | 70 | 94 |
Loss on extinguishement of debt, net | |||||||||||
- | - | - | - | - | - | - | - | - | - | 12 | - |
Other income (expense), net | |||||||||||
-9 | -3 | -8 | -3 | -4 | -7 | -4 | -5 | -6 | -5 | -10 | -3 |
Total other income (expense) | |||||||||||
-59 | -59 | -20 | -16 | -15 | -18 | -13 | -14 | -42 | -59 | -92 | -91 |
Income before income taxes | |||||||||||
73 | -109 | 134 | 84 | 37 | -18 | -153 | 136 | -501 | 124 | -47 | 18 |
Income tax provision | |||||||||||
20 | -12 | 74 | 49 | 22 | 4 | -2 | 25 | 4 | 15 | -43 | -1 |
Net income (loss) | |||||||||||
52 | -96 | 60 | 35 | 15 | -22 | -150 | 110 | -506 | 108 | -3 | - |
Net income attributable to noncontrolling interests | |||||||||||
3 | 2 | 2 | 3 | 2 | 1 | 2 | 1 | 3 | 3 | -1 | - |
Net income (loss) attributable to Itron, Inc. | |||||||||||
49 | -99 | 57 | 31 | 12 | -23 | -153 | 108 | -510 | 104 | -2 | 19 |
Earnings (loss) per common share - Basic (in dollars per share) | |||||||||||
1.24 | -2.53 | 1.48 | 0.83 | 0.33 | -0.60 | -3.90 | 2.73 | -12.56 | 2.60 | -0.06 | 0.60 |
Earnings (loss) per common share - Diluted (in dollars per share) | |||||||||||
1.23 | -2.53 | 1.45 | 0.82 | 0.33 | -0.60 | -3.90 | 2.71 | -12.56 | 2.56 | -0.06 | 0.57 |
Weighted average common shares outstanding - Basic (in shares) | |||||||||||
39 | 39 | 38 | 38 | 38 | 39 | 39 | 39 | 40 | 40 | 38 | 33 |
Weighted average common shares outstanding - Diluted (in shares) | |||||||||||
39 | 39 | 39 | 38 | 38 | 39 | 39 | 39 | 40 | 40 | 38 | 34 |
Product [Member] | |||||||||||
Revenues | |||||||||||
2,220 | 2,095 | 1,813 | 1,830 | 1,699 | - | - | - | - | - | - | - |
Cost of revenues | |||||||||||
1,587 | 1,476 | 1,204 | 1,236 | 1,216 | - | - | - | - | - | - | - |
Service [Member] | |||||||||||
Revenues | |||||||||||
282 | 280 | 204 | 183 | 183 | - | - | - | - | - | - | - |
Cost of revenues | |||||||||||
162 | 169 | 137 | 113 | 110 | - | - | - | - | - | - | - |