LOGITECH INTERNATIONAL S.A. LOGI Income Statement

Logitech international s.a. (LOGI)

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	Mar'10	Dec'09	Sep'09	Jun'09
Net sales
2,890	2,852	2,824	2,788	2,756	2,704	2,645	2,566	2,484	2,339	2,271	2,221	2,141	2,096	2,050	2,018	1,975	1,958	1,970	2,004	1,986	2,010	2,011	2,008	2,106	2,092	2,109	2,099	2,162	2,262	2,304	2,316	2,335	2,375	2,367	2,366	2,340	2,203	2,119	1,966	0	0	0
Cost of goods sold
1,798	1,770	1,757	1,737	1,727	1,725	1,696	1,648	1,582	1,466	1,420	1,395	1,372	1,367	1,356	1,337	1,330	1,309	1,288	1,299	1,292	1,315	1,337	1,346	1,381	1,371	1,375	1,389	1,387	1,438	1,477	1,508	1,571	1,598	1,572	1,527	1,495	1,420	1,401	1,339	0	0	0
Amortization of intangible assets and purchase accounting effect on inventory
13	14	14	13	12	10	9	8	7	6	6	6	4	2	1	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gross profit
1,078	1,068	1,052	1,037	1,016	967	939	909	894	865	845	820	764	726	691	681	645	649	681	705	694	695	674	661	725	720	733	709	775	824	827	807	764	777	795	839	845	783	718	626	0	0	0
Operating expenses:
Marketing and selling
511	509	496	488	478	462	447	435	425	411	398	379	356	342	327	319	289	289	306	321	308	315	312	322	396	415	432	431	422	426	423	422	430	438	428	420	403	365	337	304	0	0	0
Research and development
169	166	164	161	156	150	147	143	139	137	133	130	124	121	117	113	102	100	104	107	94	102	107	112	145	151	152	155	158	159	161	162	159	156	158	156	157	151	142	135	0	0	0
General and administrative
92	94	95	98	98	96	96	96	97	100	100	100	98	98	97	101	104	108	118	125	121	125	120	112	119	114	110	114	104	108	110	109	119	120	119	116	116	116	112	106	0	0	0
Amortization of intangible assets and acquisition-related costs
16	15	15	14	12	11	10	8	7	6	5	5	5	3	2	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change in fair value of contingent consideration for business acquisition
-	-	-	-	-	-	-	-4	-3	-13	-10	-8	-9	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Goodwill impairment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Restructuring charges (credits), net
1	1	1	11	9	10	9	-0	0	0	0	-	-	-	-	17	9	9	6	-4	-0	0	5	8	24	22	14	43	0	0	0	-	-	-	-	-	-	-	-	1	0	0	0
Total operating expenses
791	786	773	773	756	730	708	679	667	642	627	608	578	567	550	551	506	509	536	551	524	542	545	555	692	920	927	961	924	723	726	693	709	715	706	693	678	634	592	548	0	0	0
Operating income
286	281	278	263	260	236	230	229	226	222	217	211	185	158	141	129	138	139	145	154	169	152	128	105	33	-199	-193	-252	-149	101	100	113	54	61	88	145	166	149	125	78	0	0	0
Interest income
9	9	8	8	7	6	6	4	4	3	2	1	0	0	0	0	0	1	1	1	1	0	-0	-0	-0	0	0	0	1	1	2	2	2	2	2	2	2	2	2	2	0	0	0
Other income (expense), net
3	-0	2	-0	-2	-0	-2	-2	-0	2	1	1	3	1	1	1	0	-2	-3	-2	-3	0	1	2	3	-1	-1	-2	-6	3	2	7	12	6	6	3	1	3	4	3	0	0	0
Income before income taxes
299	289	289	271	265	243	233	232	231	229	221	214	189	160	143	131	139	137	143	153	168	153	129	107	35	-200	-194	-253	-154	106	105	124	70	70	97	151	170	154	131	83	0	0	0
Provision for income taxes
21	16	25	13	15	26	23	23	17	-0	0	9	6	6	6	3	2	1	1	4	3	7	5	1	7	14	-19	-25	-23	-13	22	20	21	11	15	19	20	12	9	18	0	0	0
Net income from continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	128	177	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss from discontinued operations, net of income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-9	-24	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income
277	273	264	257	249	217	210	208	213	230	220	205	195	162	133	119	-18	-20	-2	9	129	114	92	74	28	-215	-175	-227	-130	119	82	104	48	58	82	131	150	142	121	64	0	0	0
Net income per share:
Continuing operations (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.10	0.42	0.19	0.08	-	0.41	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Discontinued operations (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.07	-0.02	-0.08	-0.03	-	-0.03	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Basic (in dollars per share)
0.70	0.44	0.27	0.26	0.68	0.39	0.23	0.21	0.49	0.34	0.23	0.24	0.60	0.29	0.14	0.17	0.40	0.11	0.05	-0.66	0.38	0.22	0.12	0.06	0.30	0.09	0.01	-0.23	-1.24	0.35	-0.32	0.35	0.32	0.10	-0.17	0.03	0.37	0.23	0.11	0.13	0.33	0.12	-0.21
Continuing operations (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.10	0.41	0.18	0.08	-	0.40	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Discontinued operations (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.08	-0.02	-0.07	-0.04	-	-0.02	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Diluted (in dollars per share)
0.69	0.43	0.27	0.24	0.67	0.38	0.23	0.20	0.48	0.33	0.22	0.24	0.59	0.28	0.13	0.18	0.39	0.11	0.04	-0.66	0.38	0.22	0.12	0.07	0.29	0.09	0.01	-0.23	-1.24	0.35	-0.32	0.34	0.32	0.10	-0.17	0.03	0.36	0.23	0.11	0.14	0.32	0.11	-0.21
Weighted average shares used to compute net income per share:
Basic (in shares)
167	166	166	165	165	165	165	164	164	164	163	161	161	162	162	162	162	163	164	164	163	163	163	162	160	159	159	158	157	156	160	169	173	176	179	178	177	176	175	175	175	178	179
Diluted (in shares)
169	169	168	168	168	169	168	169	169	169	168	166	165	165	164	165	165	165	166	166	166	166	165	165	163	161	160	157	157	157	160	172	173	177	179	180	179	177	177	178	177	180	179
Cash dividend per share (in dollars per share)
-	-	-	-	-	-	-	-	-	0.63	-	-	0.00	0.57	-	-	0.00	0.53	-	-	0.27	0.00	-	-	0.00	0.22	-	-	-	0.85	-	-	-	-	-	-	-	-	-	-	-	-	-