ON SEMICONDUCTOR CORP ON Income Statement

On semiconductor corp (ON)

Income statement / Quarterly

Apr'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	Mar'10	Sep'09	Jun'09
Revenue
1,277,900	1,401,800	1,381,800	1,347,700	1,386,600	1,503,100	1,541,700	1,455,900	1,377,600	1,377,500	1,390,900	1,338,000	1,436,700	1,261,000	950,900	877,800	817,200	840,300	904,200	880,500	870,800	864,200	833,500	757,600	706,500	718,000	715,400	688,300	661,000	680,200	725,500	744,800	744,400	767,900	898,000	905,800	870,600	579,200	600,700	583,300	550,200	472,900	419,800
Cost of revenue (exclusive of amortization shown below)
875,200	916,100	906,600	848,700	872,900	933,400	945,100	900,900	860,200	861,000	866,900	846,000	933,600	872,900	621,900	569,900	541,700	560,400	595,700	576,100	570,400	586,500	552,600	479,500	458,300	474,400	466,200	456,500	456,500	475,400	487,500	486,500	499,200	528,700	636,900	639,700	628,200	341,600	354,200	339,500	322,100	297,100	281,600
Gross profit
402,700	485,700	475,200	499,000	513,700	569,700	596,600	555,000	517,400	516,500	524,000	492,000	503,100	388,100	329,000	307,900	275,500	279,900	308,500	304,400	300,400	277,700	280,900	278,100	248,200	243,600	249,200	231,800	204,500	204,800	238,000	258,300	245,200	239,200	261,100	266,100	242,400	237,600	246,500	243,800	228,100	175,800	138,200
Operating expenses:
Research and development
171,000	169,300	172,800	147,000	151,800	162,200	166,200	167,100	155,200	158,000	151,000	145,600	140,100	134,300	111,500	103,000	98,000	91,000	104,900	100,400	100,400	110,900	93,400	84,200	78,100	78,700	84,000	83,100	88,400	88,200	90,100	97,800	91,400	90,700	91,500	89,200	91,100	59,400	63,300	60,100	65,200	53,800	50,700
Selling and marketing
76,800	75,600	74,700	73,600	77,100	82,100	83,100	81,700	77,800	81,000	78,600	79,500	77,500	78,100	56,700	52,700	49,200	48,300	52,300	50,400	53,300	56,600	51,100	47,900	44,400	43,900	44,200	43,300	39,800	44,100	44,200	47,000	45,600	46,100	48,400	51,200	49,400	38,000	35,500	36,500	35,600	30,000	28,400
General and administrative
71,200	69,200	67,800	74,100	72,900	74,500	73,300	74,600	70,900	71,100	68,900	76,600	68,400	71,900	67,600	46,000	44,500	45,700	44,900	45,000	46,700	46,700	48,500	44,700	41,000	37,600	34,500	40,200	36,200	40,900	36,800	40,900	42,000	41,100	51,900	52,300	47,100	31,900	31,200	35,300	31,500	27,100	30,000
Litigation settlement
-	-	169,500	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of acquisition-related intangible assets
32,300	32,100	29,900	27,500	25,700	28,400	28,000	27,900	27,400	28,800	37,300	28,600	29,100	32,900	24,700	23,500	23,700	34,600	33,600	33,600	33,900	28,800	21,000	10,400	8,200	8,300	8,200	8,200	8,400	11,100	11,100	11,100	11,100	11,000	10,600	11,400	9,700	7,900	7,900	8,100	7,800	7,300	7,300
Restructuring, asset impairments and other charges, net
32,800	600	4,400	18,100	5,600	-3,700	4,400	3,200	400	4,700	9,700	5,900	500	4,500	21,800	5,200	1,700	4,800	3,300	3,500	-2,300	10,500	10,100	4,100	5,800	22,100	11,000	6,100	-6,000	106,400	11,200	34,600	11,500	19,800	65,400	5,100	12,400	3,500	900	2,300	3,800	7,900	8,100
Intangible asset impairment
0	0	0	400	1,200	3,500	0	3,300	0	5,400	1,500	1,800	4,400	0	0	2,200	0	-	100	3,700	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total operating expenses
384,100	346,800	519,100	340,700	334,300	347,000	355,000	357,800	331,700	349,000	347,000	338,000	320,000	321,700	282,300	232,600	217,100	224,400	239,100	236,600	232,000	263,100	224,100	191,300	177,500	190,600	181,900	180,900	166,800	340,200	193,400	231,400	201,600	208,700	267,800	209,200	209,700	156,800	138,800	142,300	143,900	126,100	124,500
Operating income
18,600	138,900	-43,900	158,300	179,400	222,700	241,600	197,200	185,700	167,500	177,000	154,000	183,100	66,400	46,700	75,300	58,400	55,500	69,400	67,800	68,400	14,600	56,800	86,800	70,700	53,000	67,300	50,900	37,700	-135,400	44,600	26,900	43,600	30,500	-6,700	56,900	32,700	80,800	107,700	101,500	84,200	49,700	13,700
Other income (expense), net:
Interest expense
42,500	42,200	40,700	33,700	31,700	32,900	31,200	32,600	31,500	33,200	34,900	34,700	38,400	40,900	46,700	42,100	15,600	14,900	14,900	10,700	9,200	9,500	8,600	7,900	8,100	10,000	9,200	9,300	10,100	12,700	13,600	14,100	15,700	16,400	16,900	17,800	17,800	16,400	14,100	14,500	16,400	15,800	15,700
Interest income
1,900	2,400	2,300	3,000	2,500	2,800	1,300	1,100	900	1,200	700	500	600	700	1,400	2,100	300	300	200	300	300	900	200	200	200	300	300	400	300	400	300	300	500	300	300	200	300	100	200	100	100	100	200
Loss on debt refinancing and prepayment
-	-	-5,800	-400	-	-	-600	-4,000	-	-	-6,700	0	-26,200	0	-6,300	0	0	-	0	-400	-	-	0	0	-	0	0	0	-3,100	0	-7,800	0	0	-	-5,300	-	-	-	0	-700	-	-	-900
Gain on divestiture of business
-	-	0	0	-	-	400	4,600	-	-	12,500	0	-	-	92,200	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Licensing income
-	-	0	0	-	3,700	1,000	28,100	3,800	2,200	21,500	23,900	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other income
100	-16,400	3,500	-1,000	2,100	-7,600	3,500	-1,000	-2,000	-2,400	-1,800	-500	-4,100	-8,000	0	-1,900	-1,400	-200	2,100	2,100	3,700	-2,300	-1,200	-200	-700	-2,100	-1,400	4,100	900	2,400	-3,600	2,300	4,700	-2,300	-3,100	-1,000	-2,500	100	-800	-3,400	-2,800	-1,500	-500
Gain on SANYO Semiconductor acquisition
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	24,300	-	0	0	-	-	-
Other income (expense), net
-40,500	-56,200	-40,700	-32,100	-27,100	-34,000	-25,600	-3,800	-28,800	-46,500	-8,700	-10,800	-68,100	-48,200	40,600	-41,900	-16,700	-14,800	-12,600	-8,700	-5,200	-10,900	-9,600	-7,900	-8,600	-11,800	-10,300	-4,800	-12,000	-9,900	-24,700	-11,500	-10,500	-36,300	-25,000	-18,600	4,300	-16,200	-14,700	-18,500	-19,100	-17,200	-16,900
Income (loss) before income taxes
-21,900	82,700	-84,600	126,200	152,300	188,700	216,000	193,400	156,900	121,000	168,300	143,200	115,000	18,200	87,300	33,400	41,700	40,700	56,800	59,100	63,200	3,700	47,200	78,900	62,100	41,200	57,000	46,100	25,700	-145,300	19,900	15,400	33,100	-5,800	-31,700	38,300	37,000	64,600	93,000	83,000	65,100	32,500	-3,200
Income tax (provision) benefit
-8,200	25,800	-24,600	23,300	38,200	22,700	48,900	37,100	16,400	-410,000	59,400	48,800	36,300	-93,500	76,700	7,600	5,300	-14,300	10,000	7,700	7,400	3,500	6,300	-16,200	6,200	12,400	4,200	-2,600	2,400	-1,800	6,500	7,200	4,100	1,600	17,300	3,200	800	3,400	4,600	3,400	1,400	1,900	-1,000
Net income (loss)
-13,700	56,900	-60,000	102,900	114,100	166,000	167,100	156,300	140,500	531,000	108,900	94,400	78,700	111,700	10,600	25,800	36,400	55,000	46,800	51,400	55,800	200	40,900	95,100	55,900	28,800	52,800	48,700	23,300	-143,500	13,400	8,200	29,000	-7,400	-49,000	35,100	36,200	61,200	88,400	79,600	63,700	30,600	-2,200
Less: Net income attributable to non-controlling interest
300	400	700	1,100	0	400	200	1,000	900	1,100	200	500	500	800	500	700	400	900	500	700	700	800	400	1,000	200	500	1,000	1,000	700	1,300	900	1,300	800	1,400	400	800	700	200	600	900	700	700	800
Net income (loss) attributable to ON Semiconductor Corporation
-14,000	56,500	-60,700	101,800	114,100	165,600	166,900	155,300	139,600	529,900	108,700	93,900	78,200	110,900	10,100	25,100	36,000	54,100	46,300	50,700	55,100	-600	40,500	94,100	55,700	28,300	51,800	47,700	22,600	-144,800	12,500	6,900	28,200	-8,800	-49,400	34,300	35,500	61,000	87,800	78,700	63,000	29,900	-3,000
Comprehensive income (loss), net of tax:
Comprehensive income (loss), net of tax:
Foreign currency translation adjustments
600	-400	-100	500	100	500	-700	-1,500	2,400	100	-200	800	6,300	-11,600	800	1,900	900	100	200	0	0	2,200	1,900	-200	-400	700	1,300	2,500	-8,300	4,100	-2,100	-2,600	4,900	5,800	6,000	100	400	-	3,500	2,000	-	3,700	900
Effects of cash flow hedges
-12,800	-	-	-	-5,900	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Effects of cash flow hedges
-	-	-2,100	-10,200	-	-2,900	100	1,000	3,800	3,100	200	-1,500	800	0	0	0	100	1,700	400	1,500	-200	-3,200	-1,200	1,300	1,400	600	1,100	-3,400	-900	-300	1,800	-300	-400	-	0	0	-	-	-	-	-	-	-
Effects of available-for-sale securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-1,100	700	-4,100	4,100	0	0	0	-200	100	200	-100	300	-200	-200	500	-	0	0	-	-	-	-	-	-	-
Amortization of prior service costs of defined benefit plan
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	200	0	0	-100	-	0	0	-	-	0	0	-	-	100
Other comprehensive loss, net of tax
-12,200	1,300	-2,200	-9,700	-5,800	-2,400	-600	-500	6,200	3,200	0	-700	7,100	-11,600	800	1,900	1,000	1,800	-500	2,200	-4,300	3,100	700	1,100	1,000	1,200	2,500	-700	-9,300	4,100	-500	-3,100	5,100	-	-	-	-	-	-	-	-	-	-
Comprehensive income (loss)
-25,900	58,200	-62,200	93,200	108,300	163,600	166,500	155,800	146,700	534,200	108,900	93,700	85,800	100,100	11,400	27,700	37,400	56,800	46,300	53,600	51,500	3,300	41,600	96,200	56,900	30,000	55,300	48,000	14,000	-139,400	12,900	5,100	34,100	-1,500	-43,000	35,200	36,600	-	91,900	81,600	-	34,300	-1,200
Comprehensive income attributable to non-controlling interest
300	400	700	1,100	0	400	200	1,000	900	1,100	200	500	500	800	500	700	400	900	500	700	700	800	400	1,000	200	500	1,000	1,000	700	1,300	900	1,300	800	1,400	400	800	700	-	600	900	-	700	800
Comprehensive income (loss) attributable to ON Semiconductor Corporation
-26,200	57,800	-62,900	92,100	108,300	163,200	166,300	154,800	145,800	533,100	108,700	93,200	85,300	99,300	10,900	27,000	37,000	55,900	45,800	52,900	50,800	2,500	41,200	95,200	56,700	29,500	54,300	47,000	13,300	-140,700	12,000	3,800	33,300	-2,900	-43,400	34,400	35,900	-	91,300	80,700	-	33,600	-2,000
Net income (loss) per common share attributable to ON Semiconductor Corporation:
Basic (in dollars per share)
-0.03	0.14	-0.15	0.25	0.28	0.40	0.39	0.36	0.33	1.25	0.26	0.22	0.19	0.27	0.02	0.06	0.09	0.13	0.11	0.12	0.13	0.00	0.09	0.21	0.13	0.06	0.12	0.11	0.05	-0.32	0.03	0.02	0.06	-0.02	-0.11	0.08	0.08	0.14	0.20	0.18	0.15	0.07	-0.01
Diluted (in dollars per share)
-0.03	0.15	-0.15	0.24	0.27	0.40	0.38	0.35	0.31	1.24	0.25	0.22	0.18	0.26	0.02	0.06	0.09	0.12	0.11	0.12	0.13	0.00	0.09	0.21	0.13	0.06	0.11	0.11	0.05	-0.32	0.03	0.02	0.06	-0.01	-0.11	0.07	0.08	0.13	0.20	0.18	0.14	0.07	-0.01
Weighted-average common shares outstanding:
Weighted-average common shares outstanding:
Basic (in shares)
410,600	410,700	410,400	411,900	410,600	416,800	425,500	427,000	425,900	424,800	422,200	420,800	419,800	417,500	415,800	414,900	412,600	412,800	413,700	426,900	431,400	435,800	440,700	441,100	440,400	442,100	449,300	450,700	449,500	448,800	454,600	454,500	452,500	450,400	448,800	446,200	441,400	434,000	431,600	430,300	428,100	423,300	420,700
Diluted (in shares)
410,600	418,200	410,400	417,700	417,700	419,800	435,300	444,300	444,200	434,000	427,500	425,900	425,800	427,100	419,800	417,600	415,500	417,500	417,500	436,300	439,900	440,100	444,900	444,500	444,500	444,900	452,100	453,300	452,500	436,100	456,200	457,500	460,600	462,500	448,800	461,500	456,000	457,300	439,800	439,600	440,900	439,100	420,700