Netgear, inc. (NTGR)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09
Net revenue

998,763

1,058,816

1,039,169

1,143,445

1,300,695

1,393,515

1,369,633

1,271,921

1,181,018

902,052

686,595

Cost of revenue

704,535

717,118

731,453

769,543

933,016

995,597

976,018

888,368

811,572

602,805

480,195

Gross profit

294,228

341,698

307,716

373,902

367,679

397,918

393,615

383,553

369,446

299,247

206,400

Operating expenses:
Research and development

77,982

82,416

71,893

70,904

86,499

90,902

85,168

61,066

48,699

39,972

30,056

Sales and marketing

138,150

152,569

138,679

139,591

146,794

157,017

153,804

149,766

154,562

131,570

106,162

General and administrative

49,432

64,857

54,346

53,996

45,313

46,552

48,915

45,027

39,423

36,220

32,727

Other operating expenses, net

2,476

3,142

245

-

-

-

-

-

-

-

-

Professional Fees

-

-

-

0

-

-

-

-

-

-

-

Restructuring and other charges

-

-

-

3,841

6,398

2,209

5,335

1,190

2,094

-88

809

Technology license arrangements

-

-

-

-

-

-

-

-

-

-

2,500

Gain (Loss) Related to Litigation Settlement

-

-

-

-73

2,682

1,011

-5,354

-390

201

-211

-2,080

Goodwill impairment charges

-

-

-

-

-

74,196

0

0

-

-

-

Intangibles Impairment charges

-

-

-

-

-

-

2,000

0

0

-

-

Total operating expenses

268,040

302,984

265,163

268,405

282,322

369,865

300,576

257,439

244,577

207,885

174,334

Income from operations

26,188

38,714

42,553

105,497

85,357

28,053

93,039

126,114

124,869

91,362

32,066

Interest income, net

2,539

3,980

2,114

1,164

295

253

400

498

477

426

629

Other income (expense), net

844

510

1,557

-166

-88

2,455

-457

2,670

-1,136

-564

-128

Income (loss) before income taxes

29,571

43,204

46,224

-

-

-

-

-

-

-

-

Income before income taxes

-

-

-

106,495

85,564

30,761

92,982

129,282

124,210

91,224

32,567

Provision for income taxes

3,780

25,878

57,357

36,183

36,980

21,973

37,765

42,743

32,842

40,315

23,234

Net income (loss) from continuing operations

25,791

17,326

-11,133

70,312

-

-

-

-

-

-

-

Net income (loss) from discontinued operations, net of tax

0

-35,655

30,569

5,539

-

-

-

-

-

-

-

Net income (loss)

25,791

-18,329

19,436

75,851

-

-

-

-

-

-

-

Net loss attributable to non-controlling interest in discontinued operations

0

9,167

0

-

-

-

-

-

-

-

-

Net Income (Loss) Attributable to Noncontrolling Interest

-

-

-

0

-

-

-

-

-

-

-

Net income (loss) attributable to NETGEAR, Inc.

25,791

-9,162

19,436

75,851

48,584

8,788

55,217

86,539

91,368

50,909

9,333

Net income (loss) per share - basic:
Income (loss) from continuing operations

0.83

0.55

-0.35

2.15

-

-

-

-

-

-

-

Income (loss) from discontinued operations attributable to NETGEAR, Inc.

0.00

-0.84

0.96

0.17

-

-

-

-

-

-

-

Net income (loss) per share
Basic

0.83

-0.29

0.61

2.32

1.47

0.25

1.44

2.27

2.46

1.44

0.27

Net income (loss) per share - diluted:
Income (loss) from continuing operations

0.81

0.52

-0.35

2.08

-

-

-

-

-

-

-

Income (loss) from discontinued operations attributable to NETGEAR, Inc.

0.00

-0.80

0.96

0.17

-

-

-

-

-

-

-

Diluted

0.81

-0.28

0.61

2.25

1.44

0.24

1.42

2.23

2.41

1.41

0.27

Weighted average shares used to compute net income (loss) per share:
Basic

30,936

31,626

32,097

32,758

33,161

35,771

38,379

38,057

37,121

35,385

34,485

Diluted

31,965

33,137

32,097

33,728

33,788

36,445

38,948

38,747

37,932

36,124

34,848