Kvh industries, inc. (KVHI)
Income statement / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Sep'10Jun'10
Sales:
Net sales

-

-

39,311

39,235

-

-

39,312

38,632

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net sales

36,568

-

-

-

36,376

-

-

-

40,101

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Product

-

-

-

-

-

-

-

-

-

-

14,169

14,323

14,863

-

19,020

20,062

15,382

27,259

15,622

17,946

15,386

25,276

16,862

20,998

18,007

18,862

20,331

25,886

25,216

28,024

24,529

21,041

17,083

23,934

17,987

24,331

18,884

21,598

24,379

Service

-

-

-

-

-

-

-

-

-

-

26,281

26,126

25,348

-

26,826

25,904

24,998

26,760

28,833

26,909

25,919

25,158

27,388

19,924

18,978

20,086

19,885

17,311

14,711

11,519

14,293

10,978

9,645

8,000

7,634

6,241

5,525

6,165

5,118

Net sales

-

-

-

-

-

-

-

-

-

-

40,450

40,449

40,211

-

45,846

45,966

40,380

54,019

44,455

44,855

41,305

50,434

44,250

40,922

36,985

38,948

40,216

43,197

39,927

39,543

38,822

32,019

26,728

31,934

25,621

30,572

24,409

27,763

29,497

Costs and expenses:
Cost of goods and services sold

-

-

-

-

8,284

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Costs of product sales

-

-

-

-

-

-

-

-

-

-

9,578

9,295

10,539

-

11,001

12,989

10,670

14,627

10,275

12,017

10,485

14,664

10,769

12,078

11,332

11,519

11,780

14,310

13,909

14,749

13,297

12,746

10,983

12,843

9,745

13,482

10,528

11,688

13,688

Costs of service sales

-

-

-

-

-

-

-

-

-

-

13,374

13,094

13,268

-

13,576

13,259

12,991

13,409

14,454

13,693

13,260

13,203

14,679

11,359

11,060

12,040

11,909

10,860

10,249

7,704

10,035

6,822

5,802

5,609

5,464

5,095

4,802

4,537

4,314

Research and development

4,287

3,933

4,327

3,798

3,868

3,663

3,789

3,565

3,934

4,160

3,990

3,761

3,947

4,270

3,940

4,037

3,783

3,335

3,472

3,482

3,750

3,269

3,283

3,882

3,667

3,453

3,334

3,250

2,950

2,998

2,949

3,059

3,141

2,904

2,792

2,878

2,974

2,934

2,500

Sales, marketing and support

8,700

8,734

7,717

8,853

8,130

6,675

7,346

7,609

8,941

8,798

8,234

8,124

8,740

8,072

7,978

9,234

8,658

11,463

7,889

8,282

8,080

9,724

8,105

7,677

7,470

7,964

6,344

7,541

6,943

6,830

6,360

5,547

5,332

6,683

5,614

5,976

5,200

4,380

4,738

General and administrative

6,398

6,528

6,273

5,730

6,955

3,687

6,134

5,713

7,667

6,127

7,075

7,543

8,187

7,042

6,338

7,140

7,652

6,017

8,159

7,639

7,638

7,148

6,898

5,252

5,150

4,680

4,774

4,936

3,374

3,283

3,040

2,918

2,947

2,766

2,312

2,550

2,927

2,955

2,316

Total costs and expenses

44,216

46,142

44,169

46,068

42,610

38,013

41,169

41,212

43,281

40,103

42,251

41,817

44,681

44,198

42,833

46,659

43,754

48,851

44,249

45,113

43,213

48,008

43,734

40,248

38,679

39,656

38,141

40,897

37,425

35,564

35,681

31,092

28,205

30,805

25,927

29,981

26,431

26,494

27,556

Loss from operations

-7,648

-3,171

-4,858

-6,833

-6,234

-3,029

-1,857

-2,580

-3,180

-1,125

-1,801

-1,368

-4,470

-268

3,013

-693

-3,374

5,168

206

-258

-1,908

2,426

516

674

-1,694

-708

2,075

2,300

2,502

3,979

3,141

927

-1,477

1,129

-306

591

-2,022

1,269

1,941

Interest income

313

377

451

1,000

175

169

158

147

148

168

166

159

166

160

130

118

105

125

129

144

148

157

166

205

210

86

199

204

168

151

147

109

103

100

65

67

65

70

92

Interest expense

4

4

73

558

385

502

446

427

409

386

379

349

353

355

353

353

375

363

363

366

368

426

493

186

191

186

189

186

76

80

76

85

82

46

64

57

56

61

59

Other income (expense), net

1,502

-820

680

338

-97

219

222

543

-274

-45

-141

-112

-68

264

-56

144

-77

-282

-382

623

413

31

-156

-21

107

204

212

54

24

-13

23

39

37

23

872

1

14

-15

32

Loss from continuing operations before income tax expense (benefit)

-5,837

-3,618

-3,800

-6,053

-6,541

-3,143

-1,923

-2,317

-3,715

-1,388

-2,155

-1,670

-4,725

-199

2,734

-784

-3,721

4,648

-410

143

-1,715

2,188

33

672

-1,568

-604

2,297

2,372

2,618

4,037

3,235

990

-1,419

1,206

567

602

-1,999

1,263

2,006

Income tax expense (benefit)

377

-868

-492

-2,599

-44

75

8

85

178

297

283

356

160

6,584

-129

22

-930

547

53

106

-293

1,230

-118

617

-445

-240

911

824

655

1,280

1,490

537

-44

360

33

-412

-465

626

-3,318

Net loss from continuing operations

-6,214

-2,750

-3,308

-3,454

-6,497

-

-1,931

-2,402

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income from discontinued operations, net of tax

0

-573

-1,036

50,630

243

-

757

1,059

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net loss

-6,214

-3,323

-4,344

47,176

-6,254

-1,822

-1,174

-1,343

-3,893

-1,685

-2,438

-2,026

-4,885

-6,783

2,863

-806

-2,791

4,101

-463

37

-1,422

958

151

55

-1,123

-364

1,386

1,548

1,963

2,757

1,745

453

-1,375

1,604

600

190

-1,534

637

5,324

Net loss from continuing operations per common share
Basic and diluted (in USD per share)

-0.35

-0.15

-0.19

-0.20

-0.38

-

-0.11

-0.14

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income from discontinued operations per common share
Basic and diluted (in USD per share)

0.00

-0.03

-0.06

2.90

0.01

-

0.04

0.06

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net loss per common share
Net income (loss) per common share
Basic and diluted (in USD per share)

-0.35

-0.19

-0.25

2.70

-0.36

-0.10

-0.07

-0.08

-0.23

-

-0.15

-0.12

-0.30

-

0.18

-0.05

-0.18

-

-0.03

0.00

-0.09

-

0.01

0.00

-0.07

-

-

-

-

-

-

0.03

-0.09

-

-

-

-0.10

-

-

Net loss per share, basic (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.02

0.09

0.10

0.13

-

0.12

-

-

-

0.04

0.01

-

0.04

0.37

Net loss per share, diluted (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.03

0.00

-

-

-

-

-

-

-

-

0.13

-

0.12

-

-

-

0.04

0.01

-

0.04

0.36

Weighted average number of common shares outstanding:
Basic (in shares)

-

-

-

-

-

-

-

-

-

-

-

16,446

16,261

15,943

15,845

15,825

15,723

15,672

15,661

15,629

15,538

-

15,456

15,415

-

45,556

15

15

14,989

14,880

14,846

14,776

14,604

-

14,877

14,901

-

14,482

14,373

Basic and diluted (in shares)

17,529

17,550

17,521

17,463

17,302

-

17,188

-

16,742

-

16,469

16,446

16,261

-

-

15,825

15,723

-

15,661

15,629

15,538

-

-

-

15,313

-

-

-

-

-

-

-

-

-

-

-

14,747

-

-

Diluted (in shares)

-

-

-

-

-

-

-

-

-

16,500

16,469

16,446

16,261

15,873

15,915

15,825

15,723

16,357

15,661

15,780

15,538

15,999

15,586

15,522

15,313

46,114

15

15

15,219

15,560

15,023

14,886

14,604

-

15,058

15,199

-

14,854

14,770

Product
Net sales

-

-

14,808

14,694

-

-

16,367

16,162

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net sales

13,094

-

-

-

13,215

-

-

-

13,992

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cost of goods and services sold

9,636

11,472

10,823

12,308

8,284

10,726

9,767

10,094

8,923

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Service
Net sales

-

-

24,503

24,541

-

-

22,945

22,470

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net sales

23,474

-

-

-

23,161

-

-

-

26,109

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cost of goods and services sold

15,195

15,475

15,029

15,379

15,373

13,262

14,133

14,231

13,816

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-