MICROCHIP TECHNOLOGY INCORPORATED MCHP Income Statement

Microchip technology incorporated (MCHP)

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	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	Dec'08	Sep'08
Revenue from Contract with Customer, Excluding Assessed Tax
1,326,400	1,287,400	1,337,800	1,322,600	1,329,800	1,374,700	1,432,500	1,212,500	1,002,400	994,200	1,012,100	972,100	902,659	834,366	871,364	799,411	557,613	540,344	541,391	533,952	543,207	528,710	546,243	528,876	493,384	482,372	492,669	462,792	430,144	416,047	383,298	352,134	338,911	329,156	340,602	374,507	379,985	367,824	382,271	357,125	278,020	250,099	226,661	192,949	192,166	269,706
Cost of sales
512,500	501,900	510,300	507,400	509,400	595,100	743,200	570,500	387,300	387,100	398,000	387,700	369,829	369,107	460,743	450,921	254,798	247,626	240,441	224,935	229,575	226,751	238,789	222,357	202,798	199,652	203,806	196,218	191,105	215,619	189,103	147,337	141,556	143,668	143,899	154,759	147,579	151,427	157,266	149,682	109,549	104,103	103,321	96,514	87,379	105,553
Gross Profit
813,900	785,500	827,500	815,200	820,400	779,600	689,300	642,000	615,100	607,100	614,100	584,400	532,830	465,259	410,621	348,490	302,815	292,718	300,950	309,017	313,632	301,959	307,454	306,519	290,586	282,720	288,863	266,574	239,039	200,428	194,195	204,797	197,355	185,488	196,703	219,748	232,406	216,397	225,005	207,443	168,471	145,996	123,340	96,435	104,787	164,153
Operating expenses:
Research and development
221,800	217,100	219,800	219,100	214,800	217,700	221,900	171,900	133,600	131,600	133,600	130,500	127,189	132,433	137,795	147,883	95,642	97,022	95,256	84,680	87,662	88,697	88,814	84,370	77,363	76,341	78,254	73,085	70,438	71,377	64,082	48,826	47,713	44,256	45,383	45,298	44,159	42,198	43,720	40,530	33,287	30,332	29,568	27,636	26,973	31,343
Selling, general and administrative
165,700	170,700	172,300	167,900	167,500	174,800	176,600	164,000	114,400	109,100	114,300	114,300	111,149	111,017	120,129	157,505	78,323	76,270	80,258	66,849	67,778	66,668	71,114	69,255	65,344	66,856	69,368	65,710	64,744	69,368	71,767	55,592	48,654	51,087	50,997	57,590	51,288	56,100	57,584	57,212	46,697	43,096	41,046	36,383	36,840	45,629
Amortization of acquired intangible assets
248,500	248,700	248,200	248,500	176,800	193,700	169,900	133,700	122,800	121,000	120,900	120,800	94,344	82,791	80,394	80,171	48,136	48,312	43,840	34,612	47,087	47,582	45,433	36,644	21,309	21,804	23,744	27,677	39,922	39,711	27,858	4,046	-	2,678	2,703	-	-	-	-	-	-	-	-	-	-	-
Other Nonrecurring (Income) Expense
17,200	17,800	3,600	8,100	-23,300	-1,300	18,200	40,100	200	200	19,900	-2,800	46,078	20,944	9,543	22,035	813	-5,018	6,648	1,557	758	1,003	775	304	533	801	-11	1,701	7,222	2,559	22,394	0	-	-660	0	-	186	646	558	475	0	0	0	1,238	500	0
Operating expenses
653,200	654,300	643,900	643,600	535,800	584,900	586,600	509,700	371,000	361,900	388,700	362,800	378,760	347,185	347,861	407,594	222,914	216,586	226,002	187,698	203,285	203,950	206,136	190,573	164,549	165,802	171,355	168,173	182,326	183,015	186,101	108,464	103,446	97,361	99,083	102,888	108,045	98,944	101,862	98,217	79,984	73,428	70,614	65,257	64,313	76,972
Operating income
160,700	131,200	183,600	171,600	284,600	194,700	102,700	132,300	244,100	245,200	225,400	221,600	154,070	118,074	62,760	-59,104	79,901	76,132	74,948	121,319	110,347	98,009	101,318	115,946	126,037	116,918	117,508	98,401	56,713	17,413	8,094	96,333	93,909	88,127	97,620	116,860	124,361	117,453	123,143	109,226	88,487	72,568	52,726	31,178	40,474	87,181
Income (Loss) from Equity Method Investments
0	0	0	0	100	-100	-100	-100	100	-100	-100	-100	-33	-55	-56	-56	-11	-56	-56	-177	-188	-62	-35	-32	34	150	-101	-260	-235	-229	-32	-121	-135	14	-13	-61	-28	280	-43	-52	0	0	0	0	-	-
Other income (expense):
Interest income
500	600	1,000	700	800	700	900	5,700	7,600	6,300	4,600	3,500	1,335	501	445	819	5,790	6,677	6,405	5,528	5,330	4,924	4,531	4,742	4,309	4,241	4,010	3,925	3,671	3,813	3,744	4,332	5,584	4,374	4,028	4,006	3,631	3,955	4,070	4,346	2,598	4,946	4,479	3,302	7,410	10,152
Interest Expense
115,400	119,700	129,600	132,600	136,300	137,600	138,600	90,400	50,300	49,700	49,500	49,500	41,615	35,143	35,126	34,416	26,797	27,507	25,644	24,052	20,114	14,223	14,019	13,678	11,961	12,545	12,354	11,856	9,932	11,077	10,758	9,148	8,346	8,994	8,911	8,015	54,977	-7,672	-8,045	-7,739	7,838	7,763	8,030	7,519	7,096	6,870
Gain (Loss) on Extinguishment of Debt
-3,400	0	-100	-1,900	-8,300	-200	-4,100	0	-100	-2,100	0	-13,800	-43,900	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Nonoperating Income (Expense)
3,400	-1,500	-1,400	2,700	10,300	-2,500	-200	-9,800	-13,200	-2,900	5,800	4,500	1,958	121	-2,789	2,010	-1,263	-5,088	-1,696	16,947	17,277	-2,457	-1,091	13	-195	3,824	2,143	126	-715	-228	1,071	-532	910	156	-2,454	1,036	130	375	1,873	-501	750	128	2,107	5,694	-20,378	1,671
Income before income taxes
45,800	10,600	53,500	40,500	151,200	55,000	-39,400	37,700	188,200	196,700	186,200	166,200	71,815	83,498	25,234	-90,747	57,620	50,158	53,957	119,565	62,021	86,191	90,704	106,991	118,224	112,588	111,206	90,336	49,502	9,692	2,119	90,864	91,922	83,677	90,270	113,826	120,029	114,391	120,998	105,280	83,997	69,879	51,282	32,655	20,410	92,134
Income Tax Expense (Benefit)
-54,100	-300,500	-55,400	-10,200	-23,500	5,800	-135,700	2,000	41,500	447,800	-3,000	-4,400	-65,101	-23,837	-10,340	18,478	-9,710	-11,053	-10,942	-10,895	-36,559	1,393	-1,334	17,082	6,729	7,187	11,400	11,757	-10,188	-481	23,303	12,154	11,286	6,188	10,983	14,533	-10,583	12,461	16,250	13,403	8,248	476	6,797	5,287	-51,946	16,414
Net income from continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	136,916	107,335	35,574	-109,225	67,330	61,211	64,899	130,460	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	130,612	101,930	104,748	91,877	75,749	69,403	44,485	27,368	-	-
Loss from discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-86	-191	-1,850	-5,473	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-5,754	-1,317	-1,756	-2,299	0	0	0	0	-	-
Income tax benefit
-	-	-	-	-	-	-	-	-	-	-	-	-39	-31	-195	-1,335	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-670	-163	-88	12	0	0	0	0	-	-
Net loss from discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-47	-160	-1,655	-4,138	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-5,084	-1,154	-1,668	-2,311	0	0	0	0	-	-
Net income from continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	67,330	61,211	64,899	130,460	98,580	84,798	92,038	89,909	-	105,401	99,806	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Less: Net loss attributable to noncontrolling interests
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	7	0	0	-207	-822	-1,259	-1,603	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Income (Loss) Attributable to Parent
99,900	311,100	108,900	50,700	174,700	49,200	96,300	35,700	146,700	-251,100	189,200	170,600	136,869	107,175	33,919	-113,363	67,323	61,211	64,899	130,667	99,402	86,057	93,641	89,909	111,495	105,401	99,806	78,579	59,690	10,173	-21,184	78,710	80,636	77,489	79,287	99,293	125,528	100,776	103,080	89,566	75,749	69,403	44,485	27,368	72,356	75,720
Basic net income per common share
Basic net income per common share from continuing operations (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	0.63	0.50	0.17	-0.51	0.32	0.30	0.32	0.65	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.69	0.54	0.56	0.50	0.41	0.38	0.24	0.15	-	-
Basic net loss per common share from discontinued operations (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	0.00	0.00	-0.01	-0.02	0.00	0.00	0.00	0.00	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.01	-0.01	-0.01	-0.02	0.00	0.00	0.00	0.00	-	-
Basic net income per common share (in dollars per share)
0.42	1.30	0.46	0.21	0.74	0.21	0.41	0.15	0.62	-1.07	0.81	0.74	0.63	0.50	0.16	-0.53	0.32	0.30	0.32	0.65	0.49	0.43	0.47	0.45	0.56	0.53	0.50	0.40	0.30	0.05	-0.11	0.41	0.42	0.40	0.42	0.52	0.67	0.54	0.55	0.48	0.41	0.38	0.24	0.15	0.40	0.41
Diluted net income per common share
Diluted net income per common share from continuing operations (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	0.63	0.46	0.15	-0.51	0.31	0.28	0.30	0.60	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.65	0.52	0.55	0.48	0.40	0.37	0.24	0.15	-	-
Diluted net loss per common share from discontinued operations (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	0.01	0.00	-0.01	-0.02	0.00	0.00	0.00	0.00	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.02	-0.01	-0.01	-0.01	0.00	0.00	0.00	0.00	-	-
Diluted net income per common share (in dollars per share)
0.40	1.20	0.43	0.20	0.70	0.20	0.38	0.14	0.63	-1.07	0.77	0.70	0.64	0.46	0.14	-0.53	0.31	0.28	0.30	0.60	0.44	0.39	0.42	0.40	0.51	0.48	0.46	0.37	0.29	0.05	-0.11	0.39	0.38	0.38	0.40	0.49	0.63	0.51	0.54	0.47	0.40	0.37	0.24	0.15	0.39	0.40
Dividends declared per common share (in dollars per share)
0.36	0.36	0.36	0.36	0.36	0.36	0.36	0.36	0.36	0.36	0.36	0.36	0.36	0.36	0.36	0.35	0.35	0.35	0.35	0.35	0.35	0.35	0.35	0.35	0.35	0.35	0.35	0.35	0.35	0.35	0.35	0.35	0.34	0.34	0.34	0.34	0.00	0.68	0.34	0.34	0.34	0.34	0.33	0.33	0.33	0.33
Weighted Average Number of Shares Outstanding, Basic
240,200	239,200	238,400	237,800	237,100	236,700	235,800	235,200	234,800	234,100	233,300	229,400	222,721	216,210	215,524	214,345	203,799	203,294	204,275	202,232	201,729	201,203	200,629	200,187	199,630	198,759	197,825	196,950	195,910	194,958	194,060	193,452	192,571	191,640	190,809	190,112	188,933	187,488	186,303	185,540	734,018	183	183	182	181,963	183,615
Weighted Average Number of Shares Outstanding, Diluted
257,300	258,300	255,300	253,900	251,000	244,600	251,800	252,200	273,800	234,100	244,800	242,900	255,471	235,424	233,960	214,345	217,759	217,975	217,099	216,767	220,946	223,487	225,284	224,527	222,690	219,089	216,475	212,266	220,939	204,405	194,060	203,700	206,019	203,291	200,199	204,567	201,829	196,255	190,704	190,072	748,795	187	186	185	183,999	187,936
Allocated Share-based Compensation Expense
-	-	-	-	-	-	-	-	-	-	-	22,400	-	-	-	-	-	-	-	-	-	-	15,273	13,321	-	12,209	13,411	11,254	-	11,365	17,134	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-