JUNIPER NETWORKS, INC. JNPR Income Statement

Juniper networks, inc. (JNPR)

Income statement / Quarterly

Mar'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	Dec'10	Sep'10	Jun'10	Mar'10	Dec'09	Sep'09	Jun'09	Mar'09	Sep'08	Jun'08
Net revenues:
Total net revenues
-	-	-	-	-	-	-	-	-	-	-	-	1,221,000	-	1,285,300	1,221,300	1,097,900	1,319,600	1,248,600	1,222,200	1,067,400	1,101,600	1,125,900	1,229,500	1,170,100	1,273,600	1,185,600	1,150,700	1,059,200	1,140,800	1,118,300	1,073,800	1,032,500	1,120,800	1,105,800	1,120,500	1,101,600	1,190,000	1,012,400	978,300	912,600	941,500	823,900	786,400	764,100	946,962	879,034
Total net revenues
998,000	1,208,100	1,133,100	1,102,500	1,001,700	1,181,000	1,179,800	1,204,100	1,082,600	1,239,500	1,257,800	1,308,900	1,221,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cost of revenues:
Total cost of revenues
418,700	488,800	454,700	465,700	419,400	470,100	468,800	503,200	464,200	488,300	485,400	507,000	474,400	527,900	485,800	464,900	407,000	477,200	451,200	440,700	410,100	426,500	411,100	481,300	450,000	470,000	439,100	430,200	388,400	407,800	444,500	405,900	398,400	421,900	394,200	398,300	365,700	398,000	334,600	318,400	300,600	310,300	280,600	280,000	261,800	307,579	289,281
Gross margin
579,300	719,300	678,400	636,800	582,300	710,900	711,000	700,900	618,400	751,200	772,400	801,900	746,600	857,700	799,500	756,400	690,900	842,400	797,400	781,500	657,300	675,100	714,800	748,200	720,100	803,600	746,500	720,500	670,800	733,000	673,800	667,900	634,100	698,900	711,600	722,200	735,900	792,000	677,800	659,900	612,000	631,200	543,300	506,400	502,300	639,383	589,753
Operating expenses:
Research and development
232,500	239,600	244,500	244,000	227,600	231,200	253,800	248,800	269,400	227,900	236,400	240,200	276,200	263,000	251,800	247,900	251,000	247,200	247,000	251,600	248,700	233,500	253,200	255,500	264,000	258,700	264,600	257,700	262,200	275,100	288,200	268,700	269,600	250,500	257,100	257,300	262,000	254,900	231,200	224,800	207,000	187,200	185,200	183,900	185,400	194,014	186,357
Sales and marketing
239,200	246,500	235,300	229,000	228,500	224,900	224,800	238,300	239,400	233,600	232,500	239,900	244,200	254,500	242,900	243,700	231,800	255,900	235,300	232,400	220,200	243,000	249,200	258,000	273,400	283,200	269,500	267,100	256,100	264,700	261,800	260,400	258,600	253,200	254,900	246,600	246,300	257,700	204,700	202,300	192,400	211,300	183,400	176,600	187,900	200,600	190,338
General and administrative
59,300	54,900	61,200	60,000	68,200	53,000	67,900	54,200	56,000	50,800	70,600	55,600	50,500	52,900	54,000	58,600	59,400	60,300	57,100	56,300	55,200	40,600	55,000	60,600	74,900	48,200	61,400	49,200	58,500	51,700	50,000	48,900	56,200	45,500	44,500	44,300	44,900	45,100	43,800	45,900	43,100	41,200	39,900	39,200	39,200	37,623	35,609
Restructuring Charges
8,900	-300	-1,100	21,400	15,300	5,000	4,400	-200	-1,900	36,200	2,000	8,000	19,400	100	800	2,400	0	-100	0	-1,900	1,400	9,800	-15,000	58,200	114,000	-	-	-	-	-	-	-	-	-	-	-	-	2,300	200	200	8,100	3,200	4,500	7,500	4,200	0	0
Impairment of goodwill
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	850,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of purchased intangible assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,200	1,300	1,300	1,500	900	900	1,200	1,100	1,200	1,300	3,500	4,400	5,190	7,999
Acquisition-related charges
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4,300	1,500	500	0	-	-	-	-	0	9,000
Litigation settlement charges
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	181,300	1,000	0	0	-	-
Total operating expenses
539,900	540,700	539,900	554,400	539,600	514,100	550,900	541,100	562,900	548,500	541,500	543,700	590,300	570,500	549,500	552,600	542,200	563,300	539,400	538,400	525,500	1,376,900	542,400	632,300	726,300	608,200	601,500	582,000	583,800	602,100	631,000	581,200	586,400	565,700	574,600	551,300	558,500	565,200	482,300	474,900	451,700	625,400	415,300	410,700	421,100	437,427	429,303
Operating income
39,400	178,600	138,500	82,400	42,700	196,800	160,100	159,800	55,500	202,700	230,900	258,200	156,300	287,200	250,000	203,800	148,700	279,100	258,000	243,100	131,800	-701,800	172,400	115,900	-6,200	195,400	145,000	138,500	87,000	130,900	42,800	86,700	47,700	133,200	137,000	170,900	177,400	226,800	195,500	185,000	160,300	5,800	128,000	95,700	81,200	201,956	160,450
Nonoperating Income (Expense)
-11,100	-4,600	-20,400	-4,600	1,800	-8,400	-8,100	-8,900	-14,100	-2,500	-5,100	-13,000	-15,700	-15,100	-13,400	-11,600	-22,200	-18,500	-8,400	-17,100	-15,800	7,400	-6,800	178,600	154,200	-10,200	-7,500	-12,600	-10,100	9,000	-4,000	2,800	-24,400	-10,700	-15,900	-13,700	-6,500	4,800	200	4,000	1,400	-	-	-	-	-	-
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest
28,300	174,000	118,100	77,800	44,500	188,400	152,000	150,900	41,400	200,200	225,800	245,200	140,600	272,100	236,600	192,200	126,500	260,600	249,600	226,000	116,000	-694,400	165,600	294,500	148,000	185,200	137,500	125,900	76,900	139,900	38,800	89,500	23,300	122,500	121,100	157,200	170,900	231,600	195,700	189,000	161,700	3,900	129,700	97,000	81,500	211,696	172,138
Interest and other income, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	300	1,700	2,900	2,000	9,740	13,187
Gain (loss) on equity investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-2,200	0	-1,600	-1,700	0	-1,499
Income Tax Expense (Benefit)
7,900	5,600	18,800	31,600	13,400	-3,800	-71,800	34,400	7,000	348,300	60,100	65,400	31,800	83,200	64,200	52,200	35,100	62,800	51,900	68,000	35,800	75,200	62,000	73,400	37,400	33,400	38,400	28,000	-14,100	44,200	22,000	31,800	7,000	26,300	37,400	41,700	41,300	41,500	61,400	58,700	-2,900	-17,200	45,900	82,200	85,900	63,188	51,728
Consolidated net income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	96,200	83,700	115,500	129,600	190,100	134,300	130,300	164,600	21,100	83,800	14,800	-4,400	-	-
Adjust for net income attributable to noncontrolling interest
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	100	-100	-200	-200	1,500	-1,800	0	0	0	-	-
Net Income (Loss) Attributable to Parent
20,400	168,400	99,300	46,200	31,100	192,200	223,800	116,500	34,400	-148,100	165,700	179,800	108,800	188,900	172,400	140,000	91,400	197,800	197,700	158,000	80,200	-769,600	103,600	221,100	110,600	151,800	99,100	97,900	91,000	95,700	16,800	57,700	16,300	96,200	83,700	115,500	129,700	190,200	134,500	130,500	163,100	22,900	83,800	14,800	-4,400	148,508	120,410
Earnings Per Share [Abstract]
Earnings Per Share, Basic
0.06	0.50	0.29	0.13	0.09	0.54	0.65	0.33	0.10	-0.39	0.44	0.47	0.29	0.49	0.45	0.37	0.24	0.52	0.52	0.41	0.20	-1.81	0.23	0.47	0.23	0.30	0.20	0.19	0.18	0.19	0.03	0.11	0.03	0.18	0.16	0.22	0.24	0.36	0.26	0.25	0.31	0.04	0.16	0.03	-0.01	0.27	0.23
Diluted, (in dollars per share)
0.06	0.48	0.29	0.13	0.09	0.53	0.64	0.33	0.10	-0.38	0.43	0.47	0.28	0.49	0.45	0.36	0.23	0.51	0.51	0.40	0.19	-1.81	0.23	0.46	0.22	0.30	0.19	0.19	0.18	0.19	0.03	0.11	0.03	0.18	0.16	0.21	0.24	0.35	0.25	0.24	0.30	0.04	0.16	0.03	-0.01	0.27	0.22
Weighted-average shares used to compute net income per share:
Weighted Average Number of Shares Outstanding, Basic
330,800	336,200	342,200	346,300	348,100	345,500	346,200	349,000	355,300	371,200	378,300	380,400	380,900	379,800	381,000	382,800	383,200	382,600	382,800	389,900	407,100	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	540,983	528,963
Weighted Average Number of Shares Outstanding, Diluted
335,100	345,500	345,500	349,100	352,700	355,200	350,500	351,300	360,600	380,500	382,700	385,600	388,000	391,100	384,500	386,300	389,300	397,000	389,200	397,200	414,200	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	554,350	559,328
Cash dividends declared per common stock (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	0.10	0.10	-	0.10	0.10	0.10	0.10	0.10	0.10	0.10	0.10	0.10	0.00	0.00	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Product
Total net revenues
608,800	791,900	743,200	713,900	618,700	776,700	794,700	824,900	710,800	830,400	869,700	917,200	828,900	985,600	928,200	862,100	753,000	973,900	925,400	899,700	764,100	794,000	809,500	929,200	876,000	973,500	900,800	863,800	781,800	847,300	838,200	804,700	771,900	847,500	861,900	891,400	877,400	962,200	801,200	774,100	721,200	739,100	634,100	607,000	587,800	766,969	723,917
Total cost of revenues
269,000	338,700	304,000	314,300	270,000	321,700	312,500	336,600	306,400	334,500	336,000	360,200	330,200	370,400	349,600	328,300	277,900	346,500	322,600	311,700	288,800	310,900	290,000	359,300	326,600	351,600	325,500	321,300	278,200	296,100	334,700	292,600	280,600	310,600	286,600	292,400	265,700	299,700	247,000	231,800	222,400	234,800	206,300	207,600	193,000	230,060	215,134
Service
Total net revenues
389,200	416,200	389,900	388,600	383,000	404,300	385,100	379,200	371,800	409,100	388,100	391,700	392,100	400,000	357,100	359,200	344,900	345,700	323,200	322,500	303,300	307,600	316,400	300,300	294,100	300,100	284,800	286,900	277,400	293,500	280,100	269,100	260,600	273,300	243,900	229,100	224,200	227,800	211,200	204,200	191,400	202,400	189,800	179,400	176,300	179,993	155,117
Total cost of revenues
149,700	150,100	150,700	151,400	149,400	148,400	156,300	166,600	157,800	153,800	149,400	146,800	144,200	157,500	136,200	136,600	129,100	130,700	128,600	129,000	121,300	115,600	121,100	122,000	123,400	118,400	113,600	108,900	110,200	111,700	109,800	113,300	117,800	111,300	107,600	105,900	100,000	98,300	87,600	86,600	78,200	75,500	74,300	72,400	68,800	77,519	74,147