LOGMEIN, INC. LOGM Income Statement

Logmein, inc. (LOGM)

Income statement / TTM

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	Sep'10	Jun'10
Revenue
1,275,068	1,260,385	1,247,903	1,239,889	1,232,475	1,203,992	1,169,830	1,130,170	1,081,545	989,786	801,715	617,551	443,792	336,068	324,187	308,657	290,225	271,600	255,415	243,904	234,045	221,956	207,238	192,146	177,841	166,258	158,061	150,459	143,586	138,837	134,174	129,808	125,110	119,461	112,488	104,978	0	0	0
Cost of revenue
330,855	323,665	312,538	304,161	296,227	281,481	264,051	246,803	227,206	203,203	159,160	115,040	73,240	45,501	44,384	41,577	38,676	35,458	33,076	31,732	30,594	28,732	25,797	23,148	20,527	18,816	17,844	16,846	15,495	14,504	13,523	12,434	11,455	10,574	9,822	9,489	0	0	0
Gross profit
944,213	936,720	935,365	935,728	936,248	922,511	905,779	883,367	854,339	786,583	642,555	502,511	370,552	290,567	279,803	267,080	251,549	236,142	222,339	212,172	203,451	193,224	181,441	168,998	157,314	147,442	140,217	133,612	128,090	124,333	120,651	117,374	113,654	108,887	102,665	95,488	0	0	0
Operating expenses
Research and development
159,661	160,499	160,701	163,469	167,010	169,409	169,552	169,935	166,725	156,731	130,057	101,615	74,951	57,193	56,410	52,628	48,838	42,597	38,838	38,210	35,927	33,516	31,457	29,399	28,344	29,023	28,658	27,753	27,532	26,361	25,399	24,716	22,682	20,780	18,645	16,300	0	0	0
Sales and marketing
472,654	461,078	446,461	430,898	409,416	382,997	370,944	365,282	359,408	346,961	297,894	248,143	196,337	162,811	159,560	153,861	146,802	138,946	133,573	129,735	126,184	119,508	112,186	104,422	95,936	88,794	83,985	79,873	73,780	70,058	67,036	63,433	61,015	57,156	53,160	49,355	0	0	0
General and administrative
144,593	144,780	136,842	139,329	143,896	145,453	151,896	152,361	146,418	160,366	140,803	121,591	99,832	60,693	49,613	39,376	36,580	33,034	32,285	31,715	30,555	30,526	27,408	25,434	24,338	29,181	30,435	29,504	27,952	21,338	19,085	19,784	18,821	19,975	18,486	15,482	0	0	0
Restructuring charge
24,535	14,468	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on disposition of assets
-	-	-	-	-	33,910	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Legal settlements
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,600	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-1,250	0	0	0	-	-
Amortization of acquired intangibles
151,398	157,569	162,098	166,998	170,955	172,539	165,853	158,198	151,005	134,342	98,541	63,291	28,494	5,457	5,175	4,098	3,023	1,916	1,078	1,020	1,060	987	915	848	706	682	666	651	616	565	429	316	263	228	298	347	0	0	0
Total operating expenses
952,841	938,394	920,704	910,124	899,751	836,488	824,335	811,866	789,646	798,400	667,295	534,640	399,614	286,154	270,758	249,963	235,243	220,093	209,374	204,280	197,326	184,537	173,654	161,791	151,012	149,368	143,744	137,782	129,881	118,322	111,951	108,251	102,782	99,389	91,842	82,736	0	0	0
Income (loss) from operations
-8,628	-1,674	14,661	25,604	36,497	86,023	81,444	71,501	64,693	-11,817	-24,740	-32,129	-29,062	4,413	9,045	17,117	16,306	16,049	12,965	7,892	6,125	8,687	7,787	7,207	6,302	-1,926	-3,527	-4,169	-1,791	6,011	8,699	9,122	10,872	9,498	10,822	12,752	0	0	0
Interest income
1,257	1,651	1,711	1,705	1,659	1,671	1,800	1,912	1,916	1,389	1,076	848	661	698	669	669	662	654	708	698	668	604	539	489	495	549	645	773	836	887	880	845	867	863	863	792	0	0	0
Interest expense
7,784	8,247	8,446	8,431	8,159	6,342	4,533	2,794	1,285	1,408	1,397	1,438	1,460	1,403	1,408	1,182	929	574	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other income (expense), net
111	-588	-340	-597	-576	-556	-517	-389	-431	-141	149	-82	-46	-500	-266	-626	-276	1,389	882	1,428	1,394	105	-200	-347	-769	-89	-365	-220	247	-641	196	337	219	565	473	298	0	0	0
Income (loss) before income taxes
-15,058	-8,858	7,661	18,361	29,461	80,796	78,177	70,200	64,893	-11,977	-24,912	-32,801	-29,907	3,208	8,040	15,978	15,763	17,518	14,293	9,865	8,148	9,394	8,124	7,347	6,026	-1,468	-2,699	-3,077	-707	6,257	8,910	9,157	11,046	9,795	11,212	13,246	0	0	0
(Provision for) benefit from income taxes
1,797	5,697	-7,398	-4,298	-6,198	6,425	-64,056	-69,253	-82,906	-111,500	-32,976	-30,288	-15,054	570	1,029	2,747	2,650	2,960	2,657	1,484	825	1,439	3,941	5,528	6,897	6,214	2,326	1,175	1,609	2,691	5,524	5,361	5,144	4,034	3,473	-2,346	0	0	0
Net income (loss)
-16,801	-14,555	14,935	22,544	35,620	74,371	142,304	139,507	147,799	99,523	8,064	-2,513	-14,853	2,638	7,011	13,231	13,113	14,558	11,636	8,381	7,323	7,955	4,183	1,819	-871	-7,682	-5,026	-4,252	-2,317	3,566	3,385	3,795	5,902	5,761	7,739	15,592	0	0	0
Net income (loss) per share:
Basic
-0.23	-0.08	0.10	-0.13	-0.18	0.49	0.25	0.13	0.57	1.93	0.19	0.28	-0.43	0.07	-0.03	0.10	-0.04	0.25	0.22	0.10	0.02	0.15	0.09	0.05	0.04	-0.02	0.00	-0.06	-0.24	0.09	0.03	0.02	0.00	0.08	0.05	0.11	0.00	0.17	0.39
Diluted
-0.23	-0.08	0.10	-0.13	-0.18	0.50	0.24	0.12	0.56	1.89	0.19	0.28	-0.43	0.07	-0.03	0.10	-0.04	0.24	0.22	0.09	0.01	0.13	0.09	0.05	0.04	-0.02	0.00	-0.06	-0.24	0.09	0.03	0.02	0.00	0.08	0.04	0.11	0.00	0.16	0.37
Weighted average shares outstanding:
Basic
48,600	48,672	49,265	49,768	50,639	50,977	51,652	52,170	52,457	52,741	52,706	52,715	43,570	25,532	25,401	25,135	25,152	25,019	24,955	24,703	24,627	24,399	24,592	24,425	24,123	24,187	24,248	24,262	24,704	24,808	24,784	24,677	24,573	24,423	24,233	24,116	23,928	23,435	23,132
Diluted
48,600	48,569	49,368	49,768	50,639	51,628	52,066	52,875	53,415	54,953	53,606	53,723	43,570	28,275	25,401	25,828	25,152	26,122	25,768	25,673	25,557	26,431	25,203	25,159	24,749	24,187	24,248	24,262	24,704	25,400	25,303	25,367	25,354	26,411	25,108	25,169	23,928	24,882	24,551
Cash dividends declared and paid per share:
-	0.32	0.32	0.32	0.32	0.30	0.30	0.30	0.30	0.00	0.25	0.25	0.75	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-