Lattice semiconductor corp (LSCC)
Income statement / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jul'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
Revenue

403,318

404,093

399,833

397,848

398,267

398,799

398,088

388,575

379,997

385,961

408,803

430,057

435,129

427,054

410,140

406,630

413,881

405,966

388,372

365,227

358,087

366,127

372,046

372,630

358,004

332,525

308,881

292,616

278,714

279,256

283,551

294,382

307,451

318,366

325,333

320,732

0

0

0

Cost of revenue

164,986

165,671

166,398

167,488

177,697

179,360

0

0

0

-

-

-

182,590

-

172,076

175,796

183,249

184,914

175,587

161,931

158,113

159,940

163,519

168,538

163,777

154,281

143,567

135,130

129,287

128,499

128,004

129,529

128,978

129,769

131,613

127,636

0

0

0

Gross margin

238,332

238,422

237,493

226,302

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating expenses:
Research and development

80,645

78,617

78,370

77,469

79,173

82,449

86,653

93,170

98,909

103,357

106,105

108,204

112,299

117,518

123,325

133,197

141,834

136,868

127,298

111,732

94,482

88,079

87,925

86,126

84,091

80,966

77,290

77,482

76,578

77,610

75,040

71,593

70,861

71,855

70,584

68,743

0

0

0

Selling, general, and administrative

84,312

82,542

82,786

83,483

84,792

91,054

93,471

92,986

93,856

90,718

89,878

97,832

98,899

98,602

100,110

94,685

99,869

97,349

91,397

85,223

75,866

73,527

72,415

71,155

69,395

67,144

67,224

68,559

70,892

72,317

72,169

71,258

69,591

68,838

67,535

67,111

0

0

0

Amortization of acquired intangible assets

12,809

13,558

13,876

14,310

15,443

17,690

19,545

24,248

28,462

31,340

34,060

33,794

33,368

33,575

34,048

34,729

35,359

29,580

21,561

13,357

5,153

2,948

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Restructuring charges

4,263

4,664

16,573

16,411

17,661

17,349

7,978

10,959

8,159

7,196

5,664

2,910

3,902

9,267

11,775

18,276

19,776

19,239

15,781

8,965

4,900

17

147

230

246

388

5,632

5,547

5,615

6,018

1,740

3,500

4,800

6,079

5,061

3,181

0

0

0

Impairment of acquired intangible assets

-

-

0

0

-

-

0

0

-

-

0

0

-

-

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Acquisition related charges

-

-

0

0

-

1,531

2,104

2,785

2,788

3,781

9,419

8,738

7,871

6,305

466

1,076

4,346

22,450

22,078

21,468

18,198

0

-2,223

-1,486

-749

0

2,983

2,975

3,220

4,178

3,954

3,225

2,243

536

0

0

0

-

-

Gain on sale of building

-

-

-

-

-

-

-

-

-

-

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total operating expenses

182,029

179,381

149,503

150,157

168,317

222,559

135,240

219,274

258,328

264,199

456,660

446,456

449,172

453,753

472,329

480,767

507,539

513,198

454,417

402,940

356,805

324,511

326,954

328,997

320,457

305,739

296,696

289,693

285,592

288,622

280,907

279,105

276,473

277,077

274,793

266,671

0

0

0

Income from operations

56,303

59,041

41,830

38,101

10,151

-3,120

-2,121

-52,548

-47,713

-47,620

-47,857

-16,399

-14,043

-26,699

-62,189

-74,137

-93,658

-107,232

-66,045

-37,713

1,282

41,616

45,092

43,633

37,547

26,786

12,185

2,923

-6,878

-9,366

2,644

15,277

30,978

41,289

50,540

54,061

0

0

0

Interest expense

7,821

11,731

15,565

19,043

20,473

20,600

20,277

18,665

18,353

18,807

19,182

20,529

20,935

20,327

20,776

21,295

21,738

18,389

12,957

7,203

1,735

172

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other (expense) income, net

-2,448

-2,245

-2,020

-2,411

-650

-249

-1,428

-3,003

-2,245

-3,286

-2,818

-582

1,540

2,844

3,581

2,531

-116

-1,072

-951

-57

1,001

1,497

965

1,258

261

-148

-101

-359

389

505

1,101

1,261

835

1,434

1,848

2,545

0

0

0

Income before income taxes

46,034

45,065

24,245

16,647

-10,972

-23,969

-23,826

-74,216

-68,311

-69,713

-69,857

-37,510

-33,438

-44,182

-79,384

-92,901

-115,512

-126,693

-79,953

-44,973

548

42,941

45,820

44,654

37,608

26,486

12,084

2,564

-6,489

-8,861

3,745

16,538

31,813

42,723

52,388

56,606

0

0

0

Income tax expense

1,772

1,572

1,869

836

1,956

2,353

2,545

2,181

928

849

2,741

4,043

8,535

9,917

10,885

10,223

9,740

32,540

18,442

19,154

17,334

-5,639

6,112

5,508

5,193

4,165

3,485

4,984

13,513

20,745

-14,769

-17,488

-27,786

-35,509

-267

552

0

0

0

Equity in net loss of an unconsolidated affiliate, net of tax

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1,577

-1,170

-802

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net loss

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-125,597

-

-98,360

-64,092

-16,751

48,580

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net loss attributable to noncontrolling interest

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income

44,252

43,493

22,385

15,820

-12,962

-26,322

-26,414

-76,440

-69,239

-70,562

0

0

0

-

0

0

-

-

-

-

-

-

39,708

39,146

32,415

22,321

8,599

-2,420

-20,002

-29,606

18,514

34,026

59,599

78,232

52,655

56,054

0

0

0

Net income per share:
Basic (in dollars per share)

0.06

0.11

0.10

0.06

0.06

-0.05

0.05

-0.16

-0.05

-

-0.35

-

-

-

-

-

-

-

-

-

-

0.13

0.08

0.10

0.10

0.05

0.08

0.04

0.02

-0.05

-0.02

-0.11

-0.07

0.35

0.11

0.11

0.09

0.13

0.14

Diluted (in dollars per share)

0.06

0.11

0.10

0.06

0.05

-0.05

0.05

-0.16

-0.05

-

-0.35

-

-

-

-

-

-

-

-

-

-

0.12

0.08

0.10

0.10

0.05

0.08

0.04

0.02

-0.05

-0.02

-0.11

-0.07

0.34

0.11

0.11

0.09

0.13

0.14

Earnings Per Share, Basic and Diluted

-

-

-

-

-

-

-

-

-

-

-

-0.11

-0.06

-0.06

-0.10

-0.12

-0.17

-0.39

-0.21

-0.30

-0.46

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Shares used in per share calculations:
Basic (in shares)

134,253

133,689

132,997

132,206

130,992

129,521

127,816

124,843

124,076

123,528

122,990

122,390

121,800

121,114

120,584

119,445

118,833

118,113

117,669

116,903

116,863

117,849

118,643

117,904

116,436

115,625

116,055

115,733

115,391

115,943

116,785

117,874

118,174

117,531

117,926

118,047

117,996

117,257

116,101

Diluted (in shares)

138,044

138,171

138,894

137,221

134,810

127,863

129,474

124,843

124,076

-

122,990

-

-

-

-

-

-

-

-

-

-

120,149

120,970

120,944

118,917

117,152

117,349

117,109

116,714

115,943

116,785

117,874

118,174

120,597

120,627

121,468

121,864

121,052

120,270

Net Income (loss)

44,252

43,493

22,385

15,820

-12,962

-26,322

-26,414

-76,440

-69,239

-70,562

0

0

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

52,655

56,054

0

0

0

Unrealized gain (loss) related to marketable securities, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

-

-

Less: reclassification adjustment for losses (gains) included in other income, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

-

-

Translation adjustment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

-

-

Comprehensive Income (loss)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

-

-

Product
Revenue from Contract with Customer, Excluding Assessed Tax

-

-

376,318

376,773

-

-

384,631

374,068

358,942

-

373,536

388,983

395,150

390,704

368,987

364,743

371,708

369,200

364,187

352,185

355,205

366,127

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cost of revenue

-

-

0

0

-

-

0

0

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Licensing and services
Revenue from Contract with Customer, Excluding Assessed Tax

-

-

23,515

21,075

-

-

13,457

14,507

21,055

-

35,267

41,074

39,979

36,350

41,153

41,887

42,173

36,766

24,185

13,042

2,882

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cost of revenue

-

-

0

0

-

-

0

0

-

-

4,994

4,483

2,377

637

1,008

1,353

1,451

1,143

715

264

93

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-