Masimo corp (MASI)
Income statement / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jul'17Apr'17Dec'16Sep'16Jun'16Mar'16Jan'16Sep'15Jun'15Mar'15Jan'15Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Mar'10Sep'09Jun'09
Revenue:
Product

269,625

247,434

228,916

229,510

230,548

221,413

202,068

202,004

204,389

196,353

179,696

179,727

182,466

185,779

160,286

164,607

163,290

159,762

144,603

147,612

147,357

153,897

137,142

133,493

132,232

134,704

124,522

129,568

128,635

125,284

112,108

115,317

112,219

104,716

97,639

102,555

101,577

93,775

88,823

87,958

85,866

75,146

70,047

Royalty and other revenue

0

76

95

142

1,116

1,719

8,515

9,617

8,564

11,586

13,664

12,579

14,177

15,695

7,335

8,029

7,877

7,511

7,972

8,114

7,180

7,891

6,976

7,430

7,582

7,730

6,925

7,854

7,307

6,877

6,961

7,458

7,009

7,625

6,401

7,010

11,465

11,799

12,165

12,122

12,899

12,295

13,522

Total revenue

269,625

247,510

229,011

229,652

231,664

223,132

210,583

211,621

212,953

207,939

193,360

192,306

196,643

201,474

167,621

172,636

171,167

167,273

152,575

155,726

154,537

161,788

144,118

140,923

139,814

142,434

131,447

137,422

135,942

132,161

119,069

122,775

119,228

112,341

104,040

109,565

113,042

105,574

100,988

100,080

98,765

87,441

83,569

Cost of goods sold

83,996

80,587

72,743

75,313

80,022

74,801

69,830

69,474

69,292

69,287

69,295

65,405

64,229

62,606

57,499

57,501

56,954

65,528

50,343

52,825

51,432

52,629

47,894

47,828

47,513

51,899

43,968

46,190

46,361

44,980

40,736

41,343

39,923

38,729

35,601

34,314

36,210

31,446

29,376

29,775

29,228

25,198

23,574

Gross profit

185,629

166,923

156,268

154,339

151,642

148,331

140,753

142,147

143,661

138,652

124,065

126,901

132,414

138,868

110,122

115,135

114,213

101,745

102,232

102,901

103,105

109,159

96,224

93,095

92,301

90,535

87,479

91,232

89,581

87,181

78,333

81,432

79,305

73,612

68,439

75,251

76,832

74,128

71,612

70,305

69,537

62,243

59,995

Operating expenses:
Selling, general and administrative

89,877

81,943

80,354

78,160

74,204

73,213

71,537

70,450

70,217

74,550

65,704

66,670

66,087

70,463

57,845

63,888

62,511

70,653

59,607

61,666

60,799

61,483

62,064

61,347

56,122

55,933

53,090

54,173

52,273

51,567

48,260

47,649

46,472

43,930

40,134

43,673

41,468

44,227

39,547

41,004

49,311

33,476

32,766

Research and development

27,241

23,423

24,282

24,175

21,415

20,787

20,575

20,085

19,559

19,376

15,300

16,382

14,176

12,830

15,673

14,818

14,365

13,809

14,485

13,394

14,929

15,029

14,213

13,343

13,996

13,939

13,646

13,879

14,167

13,341

12,121

11,110

10,505

9,619

9,372

9,446

9,975

8,312

9,227

9,051

9,410

7,742

7,252

Litigation settlement awards

499

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Litigation settlement, award and/or defense costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-2,321

0

-8,010

8,010

0

0

0

-

-

-

-

-

-

-

-

0

0

-760

-29,968

185

29

Total operating expenses

116,619

105,366

104,636

102,335

95,619

94,425

92,112

90,535

89,776

93,926

81,004

83,052

80,263

-186,707

73,518

78,706

76,876

64,853

74,092

75,060

75,728

76,512

73,956

74,690

62,108

77,882

66,736

68,052

66,440

64,908

60,381

58,759

56,977

53,549

49,506

53,119

51,443

52,539

48,774

49,295

28,753

41,403

40,047

Operating income

69,010

61,557

51,632

52,004

56,023

53,906

48,641

51,612

53,885

44,726

43,061

43,849

52,151

325,575

36,604

36,429

37,337

36,892

28,140

27,841

27,377

32,647

22,268

18,405

30,193

12,653

20,743

23,180

23,141

22,273

17,952

22,673

22,328

20,063

18,933

22,132

25,389

21,589

22,838

21,010

40,784

20,840

19,948

Non-operating income

3,346

2,812

2,723

3,529

3,886

1,652

1,028

1,405

1,647

694

287

158

874

-2,852

-546

471

498

-1,883

-1,050

-1,125

153

-1,429

-566

323

200

-751

-676

-238

-2,326

-1,273

912

-462

-582

-468

-240

528

194

154

1,232

309

-347

295

368

Income before provision for income taxes

72,356

64,369

54,355

55,533

59,909

55,558

49,669

53,017

55,532

45,420

43,348

44,007

53,025

322,723

36,058

36,900

37,835

35,009

27,090

26,716

27,530

31,218

21,702

18,728

30,393

11,902

20,067

22,942

20,815

21,000

18,864

22,211

21,746

19,595

18,693

22,660

25,583

21,743

24,070

21,319

40,437

21,135

20,316

Provision for income taxes

7,900

11,448

5,270

10,645

10,587

8,624

-7,457

9,164

9,902

53,155

7,495

-1,131

1,492

96,999

8,285

6,877

10,258

9,956

9,161

8,020

7,708

9,432

5,568

4,776

7,902

2,717

4,581

8,294

4,413

6,159

5,301

4,443

5,980

5,429

3,869

5,751

7,429

5,112

7,376

7,403

14,273

7,814

7,065

Net Income (Loss), Including Portion Attributable to Noncontrolling Interest

64,456

52,921

49,085

44,888

49,322

46,934

57,126

43,853

45,630

-7,735

35,853

45,138

51,533

225,724

27,773

30,023

27,577

25,053

17,929

18,696

19,822

21,786

16,134

13,952

22,491

9,185

15,486

14,648

16,402

14,841

13,563

17,768

15,766

14,166

14,824

16,909

18,154

16,631

16,694

13,916

26,164

13,321

13,251

Net loss attributable to noncontrolling interest

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

952

-1,396

-655

-701

283

1,271

150

141

-128

-116

-2,390

-26

-166

-231

71

-8

346

-5

-129

141

517

275

-371

-546

266

159

Net income

-

-

-

-

-

-

-

-

-

-

35,853

45,138

51,533

-

27,773

30,023

27,577

24,101

19,325

19,351

20,523

21,221

14,863

13,802

22,632

9,313

15,602

17,038

16,428

15,007

13,794

17,697

15,774

13,820

14,829

17,038

18,013

16,114

16,419

14,287

26,710

13,055

13,092

Other comprehensive (loss) income, net of tax:
Unrealized gains (losses) from foreign currency translation adjustments

-

-

-

-

-

-

-

-

-

-

1,404

2,300

566

-

-470

-1,209

1,399

-

112

584

-2,942

-

-1,701

-1,729

19

-

1,542

-812

153

489

1,836

356

-413

-20

202

295

-128

-

-

-

-

-

-

Comprehensive Income (Loss), Net of Tax, Attributable to Parent

-

-

-

-

-

-

-

-

-

-

-

47,438

52,099

-

27,303

28,814

28,976

-

19,437

19,935

17,581

-

13,162

12,073

22,651

-

17,144

16,226

16,581

15,496

15,630

18,053

15,361

13,800

15,031

17,333

17,885

-

-

-

-

-

-

Net income per share attributable to Masimo Corporation stockholders:
Earnings Per Share, Basic

1.20

0.98

0.92

0.84

0.93

0.89

1.09

0.84

0.88

-0.16

0.69

0.87

1.02

4.55

0.56

0.61

0.56

0.47

0.38

0.38

0.39

0.40

0.28

0.25

0.40

0.16

0.28

0.30

0.29

0.26

0.24

0.31

0.27

0.24

0.25

0.28

0.30

0.27

0.28

0.24

0.46

0.23

0.23

Earnings Per Share, Diluted

1.12

0.92

0.86

0.79

0.87

0.82

1.02

0.79

0.82

-0.14

0.64

0.80

0.93

4.23

0.52

0.57

0.53

0.45

0.36

0.36

0.38

0.40

0.27

0.24

0.39

0.17

0.27

0.30

0.28

0.26

0.24

0.30

0.27

0.23

0.24

0.28

0.30

0.26

0.27

0.24

0.44

0.22

0.22

Weighted average shares used in per share calculations:
Weighted Average Number of Shares Outstanding, Basic

53,867

53,635

53,535

53,356

53,210

53,044

52,432

51,999

51,709

51,656

52,079

51,677

50,652

49,963

49,477

49,256

49,424

50,283

50,974

51,300

52,687

52,263

53,988

55,876

56,705

56,579

56,501

56,440

57,240

57,260

57,201

57,141

58,178

59,225

59,971

59,842

59,598

59,145

58,866

58,798

58,267

57,666

-

Weighted Average Number of Shares Outstanding, Diluted

57,585

57,273

57,262

57,066

56,799

56,681

56,237

55,742

55,496

55,631

56,163

56,173

55,529

54,563

53,565

52,703

51,949

53,503

53,686

53,675

53,964

52,801

54,618

56,818

58,047

57,301

57,404

57,204

58,011

58,125

58,145

58,084

59,142

60,071

61,086

61,232

60,991

60,890

60,572

60,510

60,464

60,157

-

Cash dividend declared per share

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.75

0.00

0.00

2.00

-

-

Calculated under Revenue Guidance in Effect before Topic 606 [Member]
Revenue from Contract with Customer, Including Assessed Tax

-

-

-

-

-

-

-

-

-

-

181,271

182,802

178,097

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Royalty and other revenue

-

-

-

-

-

-

-

-

-

-

12,421

10,131

8,205

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cost of goods sold

-

-

-

-

-

-

-

-

-

-

65,027

64,496

62,168

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Selling, general and administrative

-

-

-

-

-

-

-

-

-

-

65,390

66,377

65,572

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Provision (benefit) for income taxes

-

-

-

-

-

-

-

-

-

-

9,027

346

-1,265

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income

-

-

-

-

-

-

-

-

-

-

39,235

46,680

45,334

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Earnings Per Share, Basic

-

-

-

-

-

-

-

-

-

-

0.75

0.90

0.90

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Earnings Per Share, Diluted

-

-

-

-

-

-

-

-

-

-

0.70

0.83

0.82

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-