OCLARO, INC. OCLR Income Statement

Oclaro, inc. (OCLR)

Income statement / TTM

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
Revenues
519,230	543,170	571,606	606,495	621,074	600,968	576,773	515,641	455,856	407,914	364,921	346,894	339,585	341,276	354,995	367,370	383,464	390,871	390,344	396,485	405,642	404,629	222,435	209,605	184,022	194,208	390,196	417,168	450,979	466,505	0	0	0
Cost of revenues
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cost of revenues
-	-	352,179	363,844	-	365,729	362,688	341,408	315,779	291,496	272,807	269,016	274,549	284,528	300,904	314,879	327,826	338,424	345,282	356,923	370,718	376,461	220,014	199,096	174,913	165,528	316,945	329,193	338,136	342,869	0	0	0
Gross profit
185,794	202,904	219,427	242,651	251,587	235,239	214,085	174,233	140,077	116,418	92,114	77,878	65,036	56,748	54,091	52,491	55,638	52,447	45,062	39,562	34,924	28,168	2,421	10,509	9,109	28,680	73,251	87,975	112,843	123,636	0	0	0
Operating expenses:
Research and development
64,225	64,498	63,955	62,022	60,422	57,094	54,012	50,912	48,229	46,067	42,452	42,805	43,451	46,419	52,449	55,341	60,044	64,218	67,929	72,536	76,826	79,266	54,270	50,084	46,394	43,534	68,601	70,776	69,448	65,492	0	0	0
Selling, general and administrative
66,012	64,489	63,338	62,072	58,535	58,461	57,286	55,605	55,041	53,457	54,202	53,195	54,050	56,256	55,101	60,490	65,401	70,937	74,954	76,595	77,965	78,618	63,250	59,061	53,559	49,490	63,566	64,764	65,488	62,767	0	0	0
Amortization of other intangible assets
543	653	611	607	694	786	882	979	988	995	1,000	947	966	1,133	1,302	1,526	1,674	1,680	2,465	3,266	4,221	5,029	4,323	3,879	3,230	2,724	2,949	2,896	2,912	2,805	0	0	0
Restructuring, acquisition and related (income) expense, net
5,158	4,358	3,052	-333	-251	60	138	380	304	25	2,525	4,830	-3,214	-1,516	1,763	2,585	17,344	18,491	14,916	14,630	-16,348	-7,631	-7,692	-7,255	0	-	0	0	-	-	-	-	-
Flood-related (income) expense, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	0	0	-	-	0	-	-	-	-	-	-
Legal settlements
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-
Flood-related expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	0	-	-	-	-	-
Impairment of other intangibles
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-
Restructuring, acquisition and related costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	0	0
Loss on disposal of property and equipment
-2,336	-1,581	-169	-172	71	130	117	246	218	-32	294	287	267	83	-567	-379	-610	-665	-214	-614	-640	-170	10,859	10,946	11,140	11,182	-64	-81	4	-35	0	0	0
Total operating expenses
138,274	135,579	131,125	124,540	119,329	116,271	112,201	107,630	104,344	100,576	99,885	101,490	94,986	102,209	111,766	119,248	143,860	154,778	165,971	163,243	139,687	152,963	93,527	92,309	118,197	96,353	166,641	172,075	161,676	157,246	0	0	0
Operating income
47,520	67,325	88,302	118,111	132,258	118,968	101,884	66,603	35,733	15,842	-7,771	-23,612	-29,950	-45,461	-57,675	-66,757	-88,222	-102,331	-120,909	-123,681	-104,763	-124,795	-91,106	-81,800	-109,088	-67,673	-93,390	-84,100	-48,833	-33,610	0	0	0
Other income (expense):
Interest income (expense), net
678	912	1,110	1,032	979	-13,313	-14,873	-16,251	-17,568	-4,986	-4,985	-4,381	-3,223	-2,051	-906	-336	-8,779	-9,228	-10,155	-11,229	-3,346	-3,271	-2,646	-1,846	-1,442	-1,121	-1,177	-1,361	-1,586	-1,995	0	0	0
(Loss) gain on foreign currency transactions, net
2,585	3,267	3,698	2,278	-2,645	-3,652	-4,656	-6,208	-3,384	-2,362	-3,212	545	370	-2,144	-505	-2,772	-4,945	-1,158	-4,206	-11,619	-12,803	-14,542	-8,626	-2,099	3,231	4,585	-7	-1,778	-4,195	-9,174	0	0	0
Other income (expense), net
4,122	3,339	2,643	1,970	1,190	810	874	815	1,016	935	1,144	1,336	1,308	1,750	1,984	1,562	1,261	1,227	-3,267	0	0	-	0	-	-	-	-	-	-	-	-	-	-
Other income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-
Gain on bargain purchase
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	24,866	0	0	0	-	-	-	-	-	-	-	-
Total other income (expense)
7,385	7,518	7,451	5,280	-476	-16,155	-18,655	-21,644	-19,936	-6,413	-7,053	-2,500	-1,545	-2,445	573	-1,546	-12,463	-9,159	-12,635	-24,826	-18,155	4,526	9,834	20,921	28,893	5,702	1,054	-901	-5,781	-11,169	0	0	0
Income before income taxes
54,905	74,843	95,753	123,391	131,782	102,813	83,229	44,959	15,797	9,429	-14,824	-26,112	-31,495	-47,906	-57,102	-68,303	-100,685	-111,490	-133,544	-148,507	-122,918	-120,269	-81,272	-60,879	-80,195	-61,971	-92,336	-85,001	-54,614	-44,779	0	0	0
Income tax provision
8,712	12,390	-16,307	-16,076	-19,215	-25,046	-447	-592	356	849	2,309	1,296	273	328	-11,457	-10,175	-8,713	-9,365	197	-400	-590	26	8,808	9,328	8,572	2,026	-4,279	-4,279	-4,507	1,646	0	0	0
Income (loss) from continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-48,234	-45,645	-58,128	-91,972	-102,125	-133,741	-148,107	-122,328	-120,295	0	0	0	-	-	-	-	-	-	-	-
Loss from discontinued operations, net of tax
-	-	-	-	-	-	-	-	-	-	-	-	-	-8,458	-21,207	-21,459	56,159	119,944	128,213	125,494	57,969	-2,450	0	0	0	-	-	-	-	-	-	-	-
Net income
46,193	62,453	112,060	139,467	150,997	127,859	83,676	45,551	15,441	8,580	-17,133	-27,408	-39,848	-56,692	-66,852	-79,587	-35,813	17,819	-5,528	-22,613	-64,359	-122,745	-79,300	-56,456	-77,029	-66,503	-99,313	-91,978	-61,363	-46,425	0	0	0
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