NETGEAR, Inc. NTGR Income Statement

Netgear, inc. (NTGR)

Income statement / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jul'18	Apr'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
Net revenue
979,644	998,763	1,034,720	1,038,273	1,062,697	1,058,816	799,194	885,266	960,713	1,039,169	1,192,939	1,175,914	1,156,846	1,143,445	1,321,232	1,324,667	1,301,794	1,300,695	1,293,014	1,304,459	1,353,281	1,393,515	1,396,953	1,405,510	1,425,625	1,369,633	1,323,449	1,276,764	1,239,700	1,271,921	1,270,640	1,257,230	1,227,815	1,181,018	1,107,880	1,002,029	0	0	0
Cost of revenue
701,183	704,535	719,421	705,721	715,310	717,118	532,397	609,819	673,610	731,453	828,549	811,497	786,577	769,543	914,341	924,571	921,830	933,016	930,277	935,716	965,008	995,597	998,720	1,007,951	1,021,822	976,018	939,245	896,531	868,259	888,368	883,492	871,460	846,306	811,572	757,700	678,597	0	0	0
Gross profit
278,461	294,228	315,299	332,552	347,387	341,698	266,797	275,447	287,103	307,716	364,390	364,417	370,269	373,902	406,891	400,096	379,964	367,679	362,737	368,743	388,273	397,918	398,233	397,559	403,803	393,615	384,204	380,233	371,441	383,553	387,148	385,770	381,509	369,446	350,180	323,432	0	0	0
Operating expenses:
Research and development
78,889	77,982	76,326	76,925	80,057	82,416	65,999	68,990	70,401	71,893	74,195	73,003	71,450	70,904	89,249	88,886	88,184	86,499	86,034	87,799	89,173	90,902	90,523	90,506	92,011	85,168	77,428	71,507	62,283	61,066	59,874	55,213	51,806	48,699	45,666	42,873	0	0	0
Sales and marketing
135,326	138,150	142,138	146,539	150,550	152,569	137,996	140,415	138,324	138,679	143,889	140,915	140,543	139,591	149,959	148,545	146,469	146,794	147,182	150,542	154,708	157,017	154,917	155,099	157,326	153,804	151,779	149,914	147,185	149,766	153,525	155,525	156,884	154,562	149,353	140,111	0	0	0
General and administrative
49,449	49,432	49,921	54,218	62,213	64,857	64,376	62,421	56,913	54,346	54,374	54,256	54,341	53,996	52,116	49,808	47,139	45,313	44,749	44,672	46,200	46,552	47,334	47,538	47,963	48,915	48,083	48,041	46,941	45,027	41,899	40,862	40,191	39,423	40,402	37,948	0	0	0
Other operating expenses (income), net
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other operating expenses, net
-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Professional Fees
-	-	-	-17,575	-	-	-	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Restructuring and other charges
-	-	-	2,054	-	-	-	1,405	51	-	60	-89	1,200	3,841	3,873	5,019	4,682	6,398	6,403	6,747	5,761	2,209	5,568	4,608	6,207	5,335	3,147	2,747	1,160	1,190	0	2,094	0	-	0	0	-	0	0
Gain (Loss) Related to Litigation Settlement
-	-	-	0	-	-	-	0	-	-	0	0	-	-73	-66	-53	-18	2,682	3,955	3,886	3,818	1,011	-1,700	-1,936	-5,423	-5,354	-3,878	-3,842	-287	-390	-453	-228	-3	201	91	0	0	-	0
Intangibles Impairment charges
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-
Total operating expenses
265,612	268,040	271,484	280,949	296,167	302,984	270,222	273,331	265,837	265,163	272,601	268,166	267,597	268,405	295,263	292,311	286,492	282,322	354,609	360,070	366,220	369,865	300,042	301,687	310,930	300,576	286,315	276,051	257,856	257,439	255,751	251,828	250,978	244,577	237,273	222,802	0	0	0
Income from operations
12,849	26,188	43,815	51,603	51,220	38,714	-3,425	2,116	21,266	42,553	91,789	96,251	102,672	105,497	111,628	107,785	93,472	85,357	8,128	8,673	22,053	28,053	98,191	95,872	92,873	93,039	97,889	104,182	113,585	126,114	131,397	133,942	130,531	124,869	112,907	100,630	0	0	0
Interest income, net
2,100	2,539	3,296	3,642	3,933	3,980	3,532	3,048	2,457	2,114	1,748	1,538	1,335	1,164	915	689	477	295	263	266	248	253	259	262	308	400	469	507	528	498	471	477	467	477	482	467	0	0	0
Other income (expense), net
-4,083	844	510	1,868	2,169	510	598	309	-96	1,557	1,800	1,250	535	-166	-603	-918	-929	-88	477	2,922	3,038	2,455	1,417	-318	-639	-457	-116	2,443	3,345	2,670	2,625	-712	-1,407	-1,136	-1,264	-865	0	0	0
Income (loss) before income taxes
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income before income taxes
-	-	43,236	52,728	-	-	705	5,473	23,627	-	95,337	99,039	104,542	106,495	111,940	107,556	93,020	85,564	8,868	11,861	25,339	30,761	99,867	95,816	92,542	92,982	98,242	107,132	117,458	129,282	134,493	133,707	129,591	124,210	112,125	100,232	0	0	0
Provision for income taxes
2,080	3,780	21,938	27,649	28,164	25,878	45,347	45,631	49,736	57,357	27,397	30,774	34,825	36,183	36,391	38,027	35,858	36,980	22,444	20,511	22,951	21,973	39,294	40,811	38,257	37,765	38,378	37,934	40,723	42,743	41,198	37,456	34,265	32,842	30,497	34,886	0	0	0
Net income (loss) from continuing operations
-	-	25,676	29,457	-	17,326	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income (loss) from discontinued operations, net of tax
-	-	-27,304	-34,464	-	-35,655	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income (loss)
8,775	25,791	-1,628	-5,007	-11,076	-18,329	30,304	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Income (Loss) Attributable to Noncontrolling Interest
-	-	0	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income (loss) attributable to NETGEAR, Inc.
-	-	0	-	-	-	-21,625	-	-	19,436	73,479	73,804	75,256	75,851	75,549	69,529	57,162	48,584	-13,576	-8,650	2,388	8,788	60,573	55,005	54,285	55,217	59,864	69,198	76,735	86,539	93,295	96,251	95,326	91,368	81,628	65,346	0	0	0
Net income (loss) per share - basic:
Income (loss) from continuing operations
-	-	0.41	0.03	-	-0.01	0.51	0.02	0.03	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income (loss) from discontinued operations attributable to NETGEAR, Inc.
-	-	0.00	0.00	-	-0.60	-0.20	-0.19	0.15	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income (loss) per share
Basic
-0.14	-0.02	0.41	0.03	0.41	-0.61	0.31	-0.17	0.18	-0.99	0.66	0.45	0.49	0.68	0.64	0.49	0.51	0.66	0.47	0.11	0.23	-1.11	0.56	0.41	0.39	0.31	0.37	0.36	0.40	0.41	0.62	0.57	0.67	0.61	0.71	0.56	0.58	0.37	0.30
Net income (loss) per share - diluted:
Income (loss) from continuing operations
-	-	0.39	0.03	-	-0.02	0.49	0.02	0.03	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income (loss) from discontinued operations attributable to NETGEAR, Inc.
-	-	0.00	0.00	-	-0.57	-0.19	-0.18	0.14	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Diluted
-0.14	0.00	0.39	0.03	0.39	-0.59	0.30	-0.16	0.17	-0.94	0.64	0.44	0.47	0.65	0.62	0.48	0.50	0.63	0.47	0.11	0.23	-1.10	0.55	0.40	0.39	0.30	0.37	0.36	0.39	0.41	0.61	0.56	0.65	0.60	0.70	0.54	0.57	0.36	0.29
Weighted average shares used to compute net income (loss) per share:
Basic
29,583	30,082	30,933	31,246	31,483	31,601	31,802	31,674	31,427	31,388	31,704	32,352	32,944	32,961	32,913	32,639	32,519	32,195	31,979	33,792	34,678	34,672	35,643	36,139	36,630	37,844	38,700	38,539	38,433	38,292	38,162	37,978	37,796	37,570	37,483	37,017	36,414	35,441	35,237
Diluted
29,583	31,055	31,819	32,112	32,874	34,172	32,974	32,742	32,660	28,743	32,393	33,116	34,136	34,237	33,913	33,493	33,269	33,224	32,335	34,308	35,285	35,417	36,250	36,808	37,305	38,470	39,198	39,074	39,050	39,015	38,802	38,595	38,576	38,340	38,080	37,968	37,340	36,009	35,943