NETSCOUT SYSTEMS, INC. NTCT Income Statement

Netscout systems, inc. (NTCT)

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	Dec'10	Sep'10	Jun'10
Revenue:
Total revenue
891,820	897,471	883,455	890,831	909,918	910,140	933,076	966,142	986,787	1,070,483	1,103,731	1,118,916	1,162,112	1,129,079	1,134,566	1,123,628	955,419	788,917	604,071	446,560	453,669	446,601	434,196	422,694	396,647	382,407	363,546	355,994	350,550	341,935	333,665	321,744	308,679	297,197	290,236	287,025	290,540	0	0	0
Cost of revenue:
Total cost of revenue
242,192	237,996	241,995	246,843	254,127	262,182	257,107	267,370	271,905	298,231	315,400	325,667	346,139	354,073	378,510	394,187	328,449	250,986	171,853	93,261	94,561	95,458	92,078	90,187	84,513	81,268	76,830	74,067	74,008	71,928	70,003	68,639	65,672	63,099	61,952	60,682	61,361	0	0	0
Gross profit
649,628	659,475	641,460	643,988	655,791	647,958	675,969	698,772	714,882	772,252	788,331	793,249	815,973	775,006	756,056	729,441	626,970	537,931	432,218	353,299	359,108	351,143	342,118	332,507	312,134	301,139	286,716	281,927	276,542	270,007	263,662	253,105	243,007	234,098	228,284	226,343	229,179	0	0	0
Operating expenses:
Research and development
188,294	184,632	185,951	191,852	203,588	214,661	209,023	211,573	215,076	214,782	228,579	231,116	232,701	239,226	246,273	251,123	208,630	167,455	121,188	74,533	75,242	76,375	75,859	73,256	70,454	67,867	64,871	63,434	61,546	58,035	56,276	52,235	49,478	46,967	43,519	42,170	40,628	0	0	0
Sales and marketing
276,523	281,908	288,279	287,263	291,870	296,846	300,092	305,307	312,536	327,019	332,961	332,401	328,628	326,210	334,384	336,831	293,335	240,773	184,223	137,266	136,446	137,731	135,320	134,683	129,611	125,994	123,674	118,858	116,807	115,477	112,890	113,001	109,624	108,583	108,087	106,924	105,271	0	0	0
General and administrative
99,994	91,867	89,607	89,724	93,572	101,220	101,465	105,666	109,479	109,844	115,351	117,383	118,438	126,335	128,768	138,542	117,714	96,458	78,876	48,642	47,296	41,467	36,005	32,395	30,623	30,014	30,624	30,142	29,718	29,424	27,449	27,511	27,488	25,965	25,757	24,545	23,308	0	0	0
Amortization of acquired intangible assets
64,505	64,821	65,134	66,983	74,305	79,617	81,405	81,722	76,640	72,397	71,691	70,952	70,141	63,118	56,852	49,136	32,373	22,713	12,285	3,298	3,351	3,400	3,439	3,440	3,432	3,371	3,357	3,145	2,877	2,667	2,386	2,235	2,131	2,018	1,929	1,912	1,907	0	0	0
Restructuring charges
2,674	1,645	15,347	17,669	18,693	18,902	8,370	6,189	5,209	6,092	2,530	2,134	4,001	1,626	2,397	2,502	468	572	0	0	-	0	-	-	-	-	-	-	1,065	1,296	1,669	516	603	372	0	0	-	0	-	-
Impairment of intangible assets
0	0	0	0	35,900	35,900	35,900	35,900	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss on divestiture of business
-	0	0	-	-	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total operating expenses
631,990	625,168	644,613	662,963	727,371	756,294	745,403	746,328	718,940	730,134	751,112	753,986	753,909	756,515	768,674	778,134	652,520	527,971	396,572	263,739	262,335	258,973	250,623	243,774	234,120	227,246	222,525	216,731	212,013	206,899	200,670	195,498	189,324	183,905	179,292	175,551	171,114	0	0	0
Income (loss) from operations
17,638	34,307	-3,153	-18,975	-71,580	-108,336	-69,434	-47,556	-4,058	42,118	37,219	39,263	62,064	18,491	-12,618	-48,693	-25,550	9,960	35,646	89,560	96,773	92,170	91,495	88,733	78,014	73,893	64,191	65,196	64,529	63,108	62,992	57,607	53,683	50,193	48,992	50,792	58,065	0	0	0
Interest and other income (expense), net:
Interest income
4,528	5,254	5,883	5,962	5,245	4,300	3,152	2,269	1,808	1,591	1,491	1,310	1,021	799	781	724	691	667	573	499	445	396	367	326	309	295	344	479	508	538	527	436	419	389	495	593	672	0	0	0
Interest expense
20,597	22,990	25,366	26,620	26,143	24,040	19,833	15,971	12,633	10,313	9,775	9,403	9,184	9,065	8,875	8,468	6,329	4,240	2,361	771	773	774	781	772	768	876	971	1,185	1,291	1,307	1,486	1,562	1,766	2,022	2,149	2,330	2,452	0	0	0
Other income (expense), net
355	-323	775	-380	-434	-499	-2,101	-2,457	-3,776	-2,640	-2,719	-2,017	-1,716	-2,828	-3,155	-1,903	-1,251	-926	-320	-1,551	-1,480	-878	-286	230	301	276	174	196	-10	-130	-354	-906	-728	-597	-450	6	8	0	0	0
Loss on extinguishment of debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	-	-
Total interest and other expense, net
-15,714	-18,059	-18,708	-21,038	-21,332	-20,239	-18,782	-16,159	-14,601	-11,362	-11,003	-10,110	-9,879	-11,094	-11,249	-9,647	-6,889	-4,499	-2,108	-1,823	-1,808	-1,256	-700	-216	-158	-305	-453	-510	-793	-899	-2,003	-2,722	-2,765	-2,920	-2,104	-1,731	-1,772	0	0	0
Income (loss) before income tax expense (benefit)
1,924	16,248	-21,861	-40,013	-92,912	-128,575	-88,216	-63,715	-18,659	30,756	26,216	29,153	52,185	7,397	-23,867	-58,340	-32,439	5,461	33,538	87,737	94,965	90,914	90,795	88,517	77,856	73,588	63,738	64,686	63,736	62,209	60,989	54,885	50,918	47,273	46,888	49,061	56,293	0	0	0
Income tax expense (benefit)
4,678	7,127	9,346	150	-19,588	-52,857	-105,786	-105,245	-98,471	-54,549	9,351	11,086	18,894	32	14,520	-13,304	-4,070	9,360	-4,699	30,352	33,773	33,900	34,116	33,188	28,750	26,605	22,911	23,832	23,127	23,206	23,093	19,848	18,490	17,021	15,566	16,542	19,028	0	0	0
Net income (loss)
-2,754	9,121	-31,207	-40,163	-73,324	-75,718	17,570	41,530	79,812	85,305	16,865	18,067	33,291	7,365	-38,387	-45,036	-28,369	-3,899	38,237	57,385	61,192	57,014	56,679	55,329	49,106	46,983	40,827	40,854	40,609	39,003	37,896	35,037	32,428	30,252	31,322	32,519	37,265	0	0	0
Basic net income (loss) per share (in dollars per share)
0.08	0.49	-0.23	-0.38	0.24	-0.05	-0.34	-0.78	0.18	1.03	-0.03	-0.27	0.24	0.23	-0.01	-0.10	-0.20	-0.25	-0.09	0.19	0.51	0.43	0.27	0.28	0.40	0.42	0.24	0.13	0.34	0.27	0.24	0.12	0.30	0.24	0.17	0.06	0.26	0.26	0.20	0.17
Diluted net income (loss) per share (in dollars per share)
0.08	0.49	-0.23	-0.38	0.24	-0.05	-0.34	-0.78	0.18	1.02	-0.03	-0.27	0.24	0.23	-0.01	-0.10	-0.20	-0.25	-0.09	0.19	0.51	0.42	0.27	0.27	0.40	0.41	0.24	0.12	0.35	0.26	0.23	0.12	0.29	0.24	0.17	0.06	0.25	0.26	0.19	0.17
Weighted average common shares outstanding used in computing:
Net income (loss) per share-basic (in shares)
73,292	74,367	75,687	77,302	77,705	77,774	78,631	80,358	82,721	87,210	88,589	91,180	91,879	91,762	91,919	93,344	96,725	98,797	91,410	40,776	41,073	41,206	41,060	41,081	41,242	41,425	41,392	41,405	41,514	41,709	41,695	41,742	41,751	41,523	42,258	42,608	42,397	42,105	41,922	41,811
Net income (loss) per share-diluted (in shares)
72,959	74,700	75,687	77,302	77,705	77,774	78,631	80,358	85,415	87,860	88,589	91,180	94,015	92,402	91,919	93,344	96,130	98,797	91,410	41,371	41,552	41,536	41,652	41,808	41,918	41,884	41,950	42,068	42,193	42,298	42,344	42,453	42,634	42,303	42,720	43,343	43,459	43,173	42,778	42,481
Product
Total revenue
438,341	447,277	438,103	446,081	467,289	464,032	476,466	508,686	520,418	588,133	633,574	659,474	715,404	721,264	738,378	744,404	633,408	511,746	379,068	262,122	272,895	269,138	261,253	255,657	234,268	223,544	207,659	201,464	198,749	193,625	186,954	178,872	168,141	159,275	156,286	155,507	159,948	0	0	0
Total cost of revenue
122,832	123,464	129,784	134,908	140,938	145,959	145,252	155,131	158,628	182,148	197,634	209,910	233,275	244,741	266,592	285,366	238,037	179,088	120,251	57,769	59,037	60,117	56,341	55,212	51,219	49,287	46,935	45,455	45,752	44,414	42,963	41,694	39,271	37,612	37,224	36,971	38,175	0	0	0
Service
Total revenue
453,479	450,194	445,352	444,750	442,629	446,108	456,610	457,456	466,369	482,350	470,157	459,442	446,708	407,815	396,188	379,224	322,011	277,171	225,003	184,438	180,774	177,463	172,943	167,037	162,379	158,863	155,887	154,530	151,801	148,310	146,711	142,872	140,538	137,922	133,950	131,518	130,592	0	0	0
Total cost of revenue
119,360	114,532	112,211	111,935	113,189	116,223	111,855	112,239	113,277	116,083	117,766	115,757	112,864	109,332	111,918	108,821	90,412	71,898	51,602	35,492	35,524	35,341	35,737	34,975	33,294	31,981	29,895	28,612	28,256	27,514	27,040	26,945	26,401	25,487	24,728	23,711	23,186	0	0	0