Lumentum Holdings Inc. LITE Income Statement

Lumentum holdings inc. (LITE)

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	Jul'17	Apr'17	Dec'16	Oct'16	Jul'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13
Revenue from Contract with Customer, Including Assessed Tax
402,800	457,800	449,900	404,600	432,900	373,700	354,100	301,100	298,800	404,600	243,200	222,700	255,800	265,000	258,100	241,700	230,400	218,300	212,600	208,900	198,700	210,500	219,000	201,000	201,600	203,600	211,700
Cost of sales
231,200	256,300	269,700	304,600	316,500	244,500	227,300	204,800	201,000	232,700	173,900	154,000	172,000	176,300	174,700	-	-	-	-	143,400	139,700	141,700	146,800	135,000	135,400	138,300	143,600
Amortization of acquired developed intangibles
13,900	12,400	12,500	13,200	28,100	4,400	800	800	800	800	800	1,400	1,700	1,700	1,700	1,700	1,700	1,700	1,700	1,900	1,900	1,900	1,900	2,200	2,200	2,300	2,300
Gross profit
157,700	189,100	167,700	86,800	88,300	124,800	126,000	95,500	97,000	171,100	68,500	67,300	82,100	87,000	81,700	79,500	62,800	68,100	66,900	63,600	57,100	66,900	70,300	63,800	64,000	63,000	65,800
Operating expenses:
Research and development
48,700	51,000	49,900	49,500	57,700	42,800	34,600	38,500	38,200	43,800	36,300	35,400	37,300	38,700	36,900	36,400	35,300	35,000	34,400	35,700	35,000	35,100	35,000	36,600	33,800	33,000	31,500
Selling, general and administrative
61,300	62,400	56,700	49,400	55,200	62,700	33,000	32,700	33,200	35,700	26,600	26,000	28,100	31,000	25,100	29,500	28,000	25,800	34,000	37,600	31,800	31,200	28,300	30,300	26,500	26,000	25,400
Restructuring Charges
2,700	900	1,300	1,700	21,100	7,800	1,300	3,400	100	800	2,900	2,000	3,100	4,000	2,900	3,500	1,800	1,100	1,000	4,900	1,100	3,800	1,800	3,700	0	1,200	-100
Impairment charges
2,500	-	-	0	30,700	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total operating expenses
115,200	114,300	107,900	100,600	164,700	113,300	68,900	74,600	71,500	80,300	65,800	63,400	68,500	73,700	64,900	69,400	65,100	61,900	69,400	78,200	67,900	70,100	65,100	70,600	60,300	60,200	56,800
Income (loss) from operations
42,500	74,800	59,800	-13,800	-76,400	11,500	57,100	20,900	25,500	90,800	2,700	3,900	13,600	13,300	16,800	10,100	-2,300	6,200	-2,500	-14,600	-10,800	-3,200	5,200	-6,800	3,700	2,800	9,000
Unrealized Gain (Loss) on Derivatives
0	0	0	0	0	10,900	-2,100	7,800	-20,700	7,900	4,200	-29,700	-56,600	4,800	-22,700	4,400	-4,800	-2,400	2,200	0	0	0	0	-	-	-	-
Interest Expense
15,600	18,300	11,400	11,400	11,300	8,500	5,100	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	100	-300	200	200
Other income (expense), net
21,700	1,200	5,000	4,100	5,200	3,800	2,700	-1,000	-2,100	-3,200	-3,400	-1,800	-1,400	-200	200	-100	-400	-500	-200	-300	-400	-100	-300	-100	1,100	300	0
Income (loss) before income taxes
48,600	57,700	53,400	-21,100	-82,500	17,700	52,600	27,700	2,700	95,500	3,500	-27,600	-44,400	17,900	-5,700	14,400	-7,500	3,300	-500	-14,900	-11,200	-3,300	4,900	-7,000	5,100	2,900	8,800
Provision for (benefit from) income taxes
5,200	8,600	5,800	4,700	-8,200	1,400	5,200	-5,800	0	-109,300	-3,600	27,300	11,600	6,100	-2,300	100	100	500	-300	900	-23,400	800	600	-300	300	-1,000	100
Net Income (Loss) Attributable to Parent
43,400	49,100	47,600	-25,800	-74,300	16,300	47,400	33,500	2,700	204,800	7,100	-54,900	-56,000	11,800	-3,400	14,300	-7,600	2,800	-200	-15,800	12,200	-4,100	4,300	-	-	-	-
Items reconciling net income to net income attributable to common stockholders:
Temporary Equity, Dividends, Adjustment
0	0	0	0	0	100	200	-	-	-	200	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Participating Securities, Distributed and Undistributed Earnings (Loss), Basic
0	0	0	0	0	100	1,100	-	-	-	200	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income (loss) attributable to common stockholders - Basic
43,400	49,100	47,600	-25,800	-74,300	16,100	46,100	32,500	2,400	199,800	6,700	-55,200	-56,200	11,300	-3,600	-	-	-	-	-	-	-	-	-6,700	4,800	3,900	8,700
Undistributed Earnings (Loss) Allocated to Participating Securities, Basic
-	0	-	-	-	-100	-	-	-	-	-200	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Less: Unrealized gain on derivative liability on Series A Preferred Stock
-	0	-	-	-	-10,900	-	-	-	-	-4,200	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Add: Cumulative dividends on Series A Preferred Stock
-	0	-	-	-	100	-	-	-	-	-200	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Income (Loss) Available to Common Stockholders, Diluted
43,400	49,100	47,600	-25,800	-74,300	5,400	46,100	25,700	2,400	196,900	2,900	-55,200	-56,200	7,000	-3,600	-	-	-	-	-	-	-	-	-	-	-	-
Earnings Per Share [Abstract]
Earnings Per Share, Basic
0.58	0.64	0.62	-0.34	-0.98	0.24	0.73	0.52	0.04	3.21	0.11	-0.90	-0.92	0.19	-0.06	0.03	-0.13	0.05	0.00	-0.27	0.21	-0.07	0.07	-	-	-	-
Earnings Per Share, Diluted
0.56	0.63	0.61	-0.34	-0.98	0.08	0.72	0.40	0.04	3.05	0.04	-0.90	-0.92	0.11	-0.06	0.03	-0.13	0.05	0.00	-0.27	0.21	-0.07	0.07	-	-	-	-
Basic and Diluted
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.11	0.08	0.06	0.15
Shares used to compute net income (loss) per share attributable to common stockholders:
Weighted Average Number of Shares Outstanding, Basic
74,800	76,800	76,900	76,500	76,200	66,800	63,100	62,700	62,400	62,200	61,700	61,300	61,000	60,300	59,900	59,400	59,200	59,000	58,800	58,800	58,800	58,800	58,800	-	-	-	-
Weighted Average Number of Shares Outstanding, Diluted
77,500	78,000	77,600	76,500	76,200	67,800	63,900	65,000	63,300	64,600	64,500	61,300	61,000	62,700	59,900	59,200	59,200	59,200	58,800	58,800	58,800	58,800	58,800	-	-	-	-
Basic and Diluted
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	58,800	58,800	58,800	58,800