Oclaro, inc. (OCLR)
Income statement / Quarterly
Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10
Revenues

131,658

120,944

127,293

139,335

155,598

149,380

162,182

153,914

135,492

125,185

101,050

94,129

87,550

82,192

83,023

86,820

89,241

95,911

95,398

102,914

96,648

95,384

101,539

112,071

95,635

-86,810

88,709

86,488

105,821

109,178

115,681

120,299

121,347

Cost of revenues

86,064

-

-

-

92,894

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cost of revenues

-

-

83,729

87,507

-

88,049

95,394

93,150

89,136

85,008

74,114

67,521

64,853

66,319

70,323

73,054

74,832

82,695

84,298

86,001

85,430

89,553

95,939

99,796

91,173

-66,894

75,021

75,613

81,788

84,523

87,269

84,556

86,521

Gross profit

45,594

44,808

43,564

51,828

62,704

61,331

66,788

60,764

46,356

40,177

26,936

26,608

22,697

15,873

12,700

13,766

14,409

13,216

11,100

16,913

11,218

5,831

5,600

12,275

4,462

-19,916

13,688

10,875

24,033

24,655

28,412

35,743

34,826

Operating expenses:
Research and development

16,162

16,293

16,412

15,358

16,435

15,750

14,479

13,758

13,107

12,668

11,379

11,075

10,945

9,053

11,732

11,721

13,913

15,083

14,624

16,424

18,087

18,794

19,231

20,714

20,527

-6,202

15,045

17,024

17,667

18,865

17,220

15,696

13,711

Selling, general and administrative

16,389

16,729

16,002

16,892

14,866

15,578

14,736

13,355

14,792

14,403

13,055

12,791

13,208

15,148

12,048

13,646

15,414

13,993

17,437

18,557

20,950

18,010

19,078

19,927

21,603

2,642

14,889

14,425

17,534

16,718

16,087

15,149

14,813

Amortization of other intangible assets

42

193

154

154

152

151

150

241

244

247

247

250

251

252

194

269

418

421

418

417

424

1,206

1,219

1,372

1,232

500

775

723

726

725

722

739

619

Restructuring, acquisition and related (income) expense, net

800

1,274

3,084

0

0

-32

-301

82

311

46

-59

6

32

2,546

2,246

-8,038

1,730

5,825

3,068

6,721

2,877

2,250

2,782

-24,257

11,594

-

2,189

3,219

-

-

-

-

-

Flood-related (income) expense, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,657

140

-

-

11,548

-641

-

-

3,267

-

-

-

-

-

-

Legal settlements

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,678

-

Flood-related expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

264

-

-

9,088

-

-

-

-

-

Impairment of other intangibles

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

864

-

-

-

-

-

-

-

-

Restructuring, acquisition and related costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1,765

-

1,019

903

670

Loss on disposal of property and equipment

-777

-1,409

19

-169

-22

3

16

74

37

-10

145

46

-213

316

138

26

-397

-334

326

-205

-452

117

-74

-231

18

11,146

13

-37

60

-100

-4

48

21

Total operating expenses

34,170

35,898

35,633

32,573

31,475

31,444

29,048

27,362

28,417

27,374

24,477

24,076

24,649

26,683

26,082

17,572

31,872

36,240

33,564

42,184

42,790

47,433

30,836

18,628

56,066

-12,003

29,618

44,516

34,222

58,285

35,052

34,117

29,792

Operating income

11,424

8,910

7,931

19,255

31,229

29,887

37,740

33,402

17,939

12,803

2,459

2,532

-1,952

-10,810

-13,382

-3,806

-17,463

-23,024

-22,464

-25,271

-31,572

-41,602

-25,236

-6,353

-51,604

-7,913

-15,930

-33,641

-10,189

-33,630

-6,640

1,626

5,034

Other income (expense):
Interest income (expense), net

200

102

253

123

434

300

175

70

-13,858

-1,260

-1,203

-1,247

-1,276

-1,259

-599

-89

-104

-114

-29

-8,532

-553

-1,041

-1,103

-649

-478

-416

-303

-245

-157

-472

-487

-470

-566

(Loss) gain on foreign currency transactions, net

-193

-928

2,107

1,599

489

-497

687

-3,324

-518

-1,501

-865

-500

504

-2,351

2,892

-675

-2,010

-712

625

-2,848

1,777

-3,760

-6,788

-4,032

38

2,156

-261

1,298

1,392

-2,436

-2,032

-1,119

-3,587

Other income (expense), net

1,357

923

906

936

574

227

233

156

194

291

174

357

113

500

366

329

555

734

-56

28

521

-

-3,760

-

-

-

-

-

-

-

-

-

-

Other income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,238

-

-

-

-

-

Gain on bargain purchase

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

24,866

-

-

-

-

-

-

-

-

Total other income (expense)

1,364

97

3,266

2,658

1,497

30

1,095

-3,098

-14,182

-2,470

-1,894

-1,390

-659

-3,110

2,659

-435

-1,559

-92

540

-11,352

1,745

-3,568

-11,651

-4,681

24,426

1,740

-564

3,291

1,235

-2,908

-2,519

-1,589

-4,153

Income before income taxes

12,788

9,007

11,197

21,913

32,726

29,917

38,835

30,304

3,757

10,333

565

1,142

-2,611

-13,920

-10,723

-4,241

-19,022

-23,116

-21,924

-36,623

-29,827

-45,170

-36,887

-11,034

-27,178

-6,173

-16,494

-30,350

-8,954

-36,538

-9,159

37

881

Income tax provision

2,559

2,587

390

3,176

6,237

-26,110

621

37

406

-1,511

476

985

899

-51

-537

-38

954

-11,836

745

1,424

302

-2,274

148

1,234

918

6,508

668

478

-5,628

203

668

250

525

Income (loss) from continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-13,869

-10,186

-4,203

-19,976

-11,280

-22,669

-38,047

-30,129

-42,896

-37,035

-12,268

-28,096

-

-

-

-

-

-

-

-

Loss from discontinued operations, net of tax

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-8,080

-378

-12,749

-252

69,538

63,407

-4,480

-2,971

2,013

2,988

-

-

-

-

-

-

-

-

Net income

10,229

6,420

10,807

18,737

26,489

56,027

38,214

30,267

3,351

11,844

89

157

-3,510

-13,869

-10,186

-12,283

-20,354

-24,029

-22,921

31,491

33,278

-47,376

-40,006

-10,255

-25,108

-3,931

-17,162

-30,828

-14,582

-36,741

-9,827

-213

356

Net income per share:
Net income per share:
Income (loss) per share from continuing operations (in usd per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.13

-0.09

-0.04

-0.19

-

-0.22

-0.41

-0.33

-

-0.41

-0.14

-0.35

-

-

-

-

-

-

-

-

Income (loss) per share from discontinued operations (in usd per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.01

0.00

-0.07

0.00

-

0.00

0.75

0.70

-

-0.03

0.03

0.04

-

-

-

-

-

-

-

-

Basic (in USD per share)

0.06

0.04

0.06

0.11

0.16

0.37

0.23

0.18

0.03

0.11

0.00

0.00

-0.03

-

-0.09

-0.11

-

-

-

-

-

-

-

-

-0.31

-

-0.34

-0.61

-0.29

-

-0.20

-

0.01

Income (loss) per share from continuing operations (in usd per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.09

-0.04

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income (loss) per share from discontinued operations (in usd per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.00

-0.07

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Diluted (in USD per share)

0.06

0.03

0.06

0.11

0.16

0.35

0.22

0.18

0.02

0.11

0.00

0.00

-0.03

-

-0.09

-0.11

-

-

-

-

-

-

-

-

-

-

-0.34

-0.61

-0.29

-

-0.20

-

0.01

Basic and diluted net income (loss) per share (in usd per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.19

-0.31

-0.22

0.34

0.37

-

-0.44

-0.11

-

-

-

-

-

-

-

-

-

Shares used in computing net income per share:
Basic (in shares)

171,046

170,323

169,602

168,990

168,137

167,350

166,808

165,822

132,480

111,760

110,882

110,296

109,458

109,121

108,357

107,849

107,249

106,287

105,487

93,204

90,966

90,771

90,263

89,827

80,219

50,830

50,814

50,492

49,448

48,812

48,587

48,262

48,115

Diluted (in shares)

173,127

174,142

171,261

170,692

170,849

185,898

169,841

168,856

135,529

117,361

113,699

112,394

109,458

109,121

108,357

107,849

107,249

106,287

105,487

93,204

90,966

90,771

90,263

89,827

80,219

50,830

50,814

50,492

49,448

45,943

48,587

48,262

50,984