MELLANOX TECHNOLOGIES, LTD. MLNX Income Statement

Mellanox technologies, ltd. (MLNX)

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	Sep'10	Jun'10
Total revenues
1,330,576	1,240,862	1,184,822	1,142,960	1,088,743	1,036,254	982,742	926,242	863,893	847,988	846,500	849,339	857,498	812,762	759,928	708,275	658,140	622,316	571,647	511,322	463,649	427,654	411,013	406,358	390,436	406,909	459,313	494,617	500,275	451,370	363,059	292,932	259,251	224,341	196,139	0	0	0
Cost of Revenue
464,125	436,182	414,027	407,661	388,573	373,466	355,239	324,998	300,450	288,719	289,575	295,955	301,986	280,294	251,232	218,603	189,209	178,525	168,773	156,028	148,672	143,838	141,330	139,065	134,282	136,758	148,264	157,796	157,736	145,122	120,911	101,460	91,988	75,690	61,715	0	0	0
Gross profit
866,451	804,680	770,795	735,299	700,170	662,788	627,503	601,244	563,443	559,269	556,925	553,384	555,512	532,468	508,696	489,672	468,931	443,791	402,874	355,294	314,977	283,816	269,683	267,293	256,154	270,151	311,049	336,821	342,539	306,248	242,148	191,472	167,263	148,651	134,424	0	0	0
Operating expenses:
Research and Development Expense
414,875	392,750	378,300	366,123	360,344	360,631	358,617	363,813	365,878	357,406	350,101	340,077	322,620	302,589	284,839	265,091	252,175	243,369	231,728	218,658	208,877	199,820	190,207	179,570	169,382	157,090	148,712	147,501	138,310	127,762	114,900	100,931	92,283	82,339	72,967	0	0	0
Selling and Marketing Expense
162,726	157,607	152,785	149,156	148,553	150,272	151,757	154,194	150,457	147,264	143,843	138,309	133,780	124,910	115,318	106,108	97,438	90,735	84,782	80,139	76,860	75,994	75,335	73,409	70,544	67,243	65,490	64,503	60,894	56,332	50,365	44,544	40,294	34,473	29,398	0	0	0
General and Administrative Expense
79,473	73,400	67,189	71,625	68,870	68,182	67,326	56,167	52,170	51,623	52,085	53,103	68,522	67,830	65,273	62,449	44,212	40,885	39,126	37,917	36,431	36,701	37,190	37,776	37,046	34,257	30,795	27,084	24,456	21,512	19,825	18,148	21,736	20,304	18,528	0	0	0
Restructuring and impairment charges
1,457	1,219	2,146	3,645	10,329	22,308	21,361	19,587	12,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total operating expenses
658,531	624,976	600,420	590,549	588,096	601,412	599,080	593,780	580,524	556,293	546,029	531,489	524,922	495,329	465,430	433,648	393,825	374,989	355,636	336,714	322,168	312,515	302,732	290,755	276,972	258,590	244,997	239,088	223,660	205,606	185,090	163,623	154,313	137,116	120,893	0	0	0
Income (loss) from operations
207,920	179,704	170,375	144,750	112,074	61,376	28,423	7,464	-17,081	2,976	10,896	21,895	30,590	37,139	43,266	56,024	75,106	68,802	47,238	18,580	-7,191	-28,699	-33,049	-23,462	-20,818	11,561	66,052	97,733	118,879	100,642	57,058	27,849	12,950	11,535	13,531	0	0	0
Interest expense
-	-	-	1,028	-	-	-	7,115	-	7,949	8,128	8,347	7,352	5,408	3,213	998	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other income, net
-	-	-	9,929	-	-	-	3,070	-	2,574	2,224	1,712	1,090	1,574	1,409	2,006	-524	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Interest and other, net
16,009	12,177	11,507	8,901	137	-1,108	-3,214	-4,045	-4,822	-5,375	-5,904	-6,635	-6,262	-3,834	-1,804	1,008	-524	-619	-699	-1,254	1,449	1,253	1,374	1,249	1,228	1,196	1,299	1,288	1,259	1,197	1,028	895	759	0	0	0	-	-
Income (loss) before taxes on income
223,929	191,881	181,882	153,651	112,211	60,268	25,209	3,419	-21,903	-2,399	4,992	15,260	24,328	33,305	41,462	57,032	74,582	68,183	46,539	17,326	-5,742	-27,446	-31,675	-22,213	-19,590	12,757	67,351	99,021	120,138	101,839	58,086	28,744	13,709	12,142	13,771	0	0	0
Income Tax Expense (Benefit)
18,834	17,821	14,944	8,616	-22,047	-28,565	-29,970	-27,243	-2,478	5,438	4,195	1,818	5,810	-19,416	-19,174	-18,198	-18,312	23,240	20,957	19,859	18,267	-929	1,318	3,652	3,752	9,825	10,131	7,973	8,187	3,881	3,721	4,340	3,375	3,325	4,448	0	0	0
Net Income (Loss) Available to Common Stockholders, Basic
205,095	174,060	166,938	145,035	134,258	88,833	55,179	30,662	-19,425	-7,837	797	13,442	18,518	52,721	60,636	75,230	92,894	44,943	25,582	-2,533	-24,009	-26,517	-32,993	-25,865	-23,342	2,932	57,220	91,048	111,951	97,958	54,365	24,404	10,334	8,817	9,323	0	0	0
Net income (loss) per share - basic (in USD per share)
1.33	0.80	0.70	0.90	0.80	0.70	0.31	0.73	-0.05	0.07	-0.16	-0.25	0.18	0.25	0.10	-0.15	0.92	0.43	0.42	0.23	-0.10	0.01	-0.20	-0.25	-0.16	-0.14	-0.04	-0.20	0.45	1.16	0.79	0.31	0.15	0.13	0.06	-0.05	0.10	0.16
Net income (loss) per share - diluted (in USD per share)
1.29	0.78	0.68	0.87	0.77	0.68	0.30	0.71	-0.05	0.07	-0.16	-0.25	0.19	0.24	0.09	-0.15	0.90	0.42	0.40	0.22	-0.10	0.01	-0.20	-0.25	-0.16	-0.14	-0.04	-0.20	0.43	1.09	0.74	0.29	0.13	0.13	0.06	-0.05	0.10	0.15
Shares used in computing net income (loss) per share:
Basic (in shares)
55,670	55,180	54,707	54,227	53,786	53,232	52,615	51,819	51,260	50,587	50,056	49,337	48,937	48,385	47,900	47,358	46,995	46,583	46,191	45,691	45,393	44,984	44,671	44,276	43,920	43,579	43,284	42,901	42,487	41,871	40,860	40,014	39,594	35,821	35,147	34,490	33,787	33,557
Diluted (in shares)
57,639	56,735	56,480	55,794	55,860	54,612	54,466	53,646	50,272	51,575	50,056	49,337	52,058	49,494	49,194	47,358	48,785	47,725	47,568	47,034	44,148	46,229	44,671	44,276	43,920	43,579	43,284	42,901	45,275	44,434	43,468	42,427	44,476	38,003	37,279	34,490	35,279	35,580