ON SEMICONDUCTOR CORP ON Income Statement

On semiconductor corp (ON)

Income statement / TTM

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
5,409,200	5,517,900	5,619,200	5,779,100	5,887,300	5,878,300	5,752,700	5,601,900	5,484,000	5,543,100	5,426,600	4,986,600	4,526,400	3,906,900	3,486,200	3,439,500	3,442,200	3,495,800	3,519,700	3,449,000	3,326,100	3,161,800	3,015,600	2,897,500	2,828,200	2,782,700	2,744,900	2,755,000	2,811,500	2,894,900	2,982,600	3,155,100	3,316,100	3,442,300	3,253,600	2,956,300	2,633,800	2,313,400	2,207,100	2,026,200	0	0	0
Cost of revenue (exclusive of amortization shown below)
3,546,600	3,544,300	3,561,600	3,600,100	3,652,300	3,639,600	3,567,200	3,489,000	3,434,100	3,507,500	3,519,400	3,274,400	2,998,300	2,606,400	2,293,900	2,267,700	2,273,900	2,302,600	2,328,700	2,285,600	2,189,000	2,076,900	1,964,800	1,878,400	1,855,400	1,853,600	1,854,600	1,875,900	1,905,900	1,948,600	2,001,900	2,151,300	2,304,500	2,433,500	2,246,400	1,963,700	1,663,500	1,357,400	1,312,900	1,240,300	0	0	0
Gross profit
1,862,600	1,973,600	2,057,600	2,179,000	2,235,000	2,238,700	2,185,500	2,112,900	2,049,900	2,035,600	1,907,200	1,712,200	1,528,100	1,300,500	1,192,300	1,171,800	1,168,300	1,193,200	1,191,000	1,163,400	1,137,100	1,084,900	1,050,800	1,019,100	972,800	929,100	890,300	879,100	905,600	946,300	980,700	1,003,800	1,011,600	1,008,800	1,007,200	992,600	970,300	956,000	894,200	785,900	0	0	0
Operating expenses:
Research and development
660,100	640,900	633,800	627,200	647,300	650,700	646,500	631,300	609,800	594,700	571,000	531,500	488,900	446,800	403,500	396,900	394,300	396,700	416,600	405,100	388,900	366,600	334,400	325,000	323,900	334,200	343,700	349,800	364,500	367,500	370,000	371,400	362,800	362,500	331,200	303,000	273,900	248,000	242,400	229,800	0	0	0
Selling and marketing
300,700	301,000	307,500	315,900	324,000	324,700	323,600	319,100	316,900	316,600	313,700	291,800	265,000	236,700	206,900	202,500	200,200	204,300	212,600	211,400	208,900	200,000	187,300	180,400	175,800	171,200	171,400	171,400	175,100	180,900	182,900	187,100	191,300	195,100	187,000	174,100	159,400	145,600	137,600	130,500	0	0	0
General and administrative
282,300	284,000	289,300	294,800	295,300	293,300	289,900	285,500	287,500	285,000	285,800	284,500	253,900	230,000	203,800	181,100	180,100	182,300	183,300	186,900	186,600	180,900	171,800	157,800	153,300	148,500	151,800	154,100	154,800	160,600	160,800	175,900	187,300	192,400	183,200	162,500	145,500	129,900	125,100	123,900	0	0	0
Litigation settlement
-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of acquisition-related intangible assets
121,800	115,200	111,500	109,600	110,000	111,700	112,100	121,400	122,100	123,800	127,900	115,300	110,200	104,800	106,500	115,400	125,500	135,700	129,900	117,300	94,100	68,400	47,900	35,100	32,900	33,100	35,900	38,800	41,700	44,400	44,300	43,800	44,100	42,700	39,600	36,900	33,600	31,700	31,100	30,500	0	0	0
Restructuring, asset impairments and other charges, net
55,900	28,700	24,400	24,400	9,500	4,300	12,700	18,000	20,700	20,800	20,600	32,700	32,000	33,200	33,500	15,000	13,300	9,300	15,000	21,800	22,400	30,500	42,100	43,000	45,000	33,200	117,500	117,700	146,200	163,700	77,100	131,300	101,800	102,700	86,400	21,900	19,100	10,500	14,900	22,100	0	0	0
Intangible asset impairment
400	1,600	5,100	5,100	8,000	6,800	8,700	10,200	8,700	13,100	7,700	6,200	6,600	2,200	2,300	6,000	0	-	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total operating expenses
1,590,700	1,540,900	1,541,100	1,377,000	1,394,100	1,391,500	1,393,500	1,385,500	1,365,700	1,354,000	1,326,700	1,262,000	1,156,600	1,053,700	956,400	913,200	917,200	932,100	970,800	955,800	910,500	856,000	783,500	741,300	730,900	720,200	869,800	881,300	931,800	966,600	835,100	909,500	887,300	895,400	843,500	714,500	647,600	581,800	551,100	536,800	0	0	0
Operating income
271,900	432,700	516,500	802,000	840,900	847,200	792,000	727,400	684,200	681,600	580,500	450,200	371,500	246,800	235,900	258,600	251,100	261,100	220,200	207,600	226,600	228,900	267,300	277,800	241,900	208,900	20,500	-2,200	-26,200	-20,300	145,600	94,300	124,300	113,400	163,700	278,100	322,700	374,200	343,100	249,100	0	0	0
Other income (expense), net:
Interest expense
159,100	148,300	139,000	129,500	128,400	128,200	128,500	132,200	134,300	141,200	148,900	160,700	168,100	145,300	119,300	87,500	56,100	49,700	44,300	38,000	35,200	34,100	34,600	35,200	36,600	38,600	41,300	45,700	50,500	56,100	59,800	63,100	66,800	68,900	68,900	66,100	62,800	61,400	60,800	62,400	0	0	0
Interest income
9,600	10,200	10,600	9,600	7,700	6,100	4,500	3,900	3,300	3,000	2,500	3,200	4,800	4,500	4,100	2,900	1,100	1,100	1,700	1,700	1,600	1,500	900	1,000	1,200	1,300	1,400	1,400	1,300	1,500	1,400	1,400	1,300	1,100	900	800	700	500	500	500	0	0	0
Loss on debt refinancing and prepayment
-	-	0	0	-	-	0	0	-	-	-32,900	-32,500	-32,500	-6,300	-6,300	-400	0	-	0	0	-	-	0	0	-	-3,100	-3,100	-10,900	-10,900	-7,800	-13,100	0	0	-	0	-	-	-	0	0	-	-	0
Gain on divestiture of business
-	-	0	0	-	-	0	0	-	-	0	0	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Licensing income
-	-	3,700	4,700	-	36,600	35,100	55,600	51,400	47,600	45,400	23,900	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other income
-13,800	-11,800	-3,000	-3,000	-3,000	-7,100	-1,900	-7,200	-6,700	-8,800	-14,400	-12,600	-14,000	-11,300	-3,500	-1,400	2,600	7,700	5,600	2,300	0	-4,400	-4,200	-4,400	-100	1,500	6,000	3,800	2,000	5,800	1,100	1,600	-1,700	-8,900	-6,500	-4,200	-6,600	-6,900	-8,500	-8,200	0	0	0
Gain on SANYO Semiconductor acquisition
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	24,300	24,300	24,300	0	-	0	0	-	-	-
Other income (expense), net
-169,500	-156,100	-133,900	-118,800	-90,500	-92,200	-104,700	-87,800	-94,800	-134,100	-135,800	-86,500	-117,600	-66,200	-32,800	-86,000	-52,800	-41,300	-37,400	-34,400	-33,600	-37,000	-37,900	-38,600	-35,500	-38,900	-37,000	-51,400	-58,100	-56,600	-83,000	-83,300	-90,400	-75,600	-55,500	-45,200	-45,100	-68,500	-69,500	-71,700	0	0	0
Income (loss) before income taxes
102,400	276,600	382,600	683,200	750,400	755,000	687,300	639,600	589,400	547,500	444,700	363,700	253,900	180,600	203,100	172,600	198,300	219,800	182,800	173,200	193,000	191,900	229,400	239,200	206,400	170,000	-16,500	-53,600	-84,300	-76,900	62,600	11,000	33,900	37,800	108,200	232,900	277,600	305,700	273,600	177,400	0	0	0
Income tax (provision) benefit
16,300	62,700	59,600	133,100	146,900	125,100	-307,600	-297,100	-285,400	-265,500	51,000	68,300	27,100	-3,900	75,300	8,600	8,700	10,800	28,600	24,900	1,000	-200	8,700	6,600	20,200	16,400	2,200	4,500	14,300	16,000	19,400	30,200	26,200	22,900	24,700	12,000	12,200	12,800	11,300	5,700	0	0	0
Net income (loss)
86,100	213,900	323,000	550,100	603,500	629,900	994,900	936,700	874,800	813,000	393,700	295,400	226,800	184,500	127,800	164,000	189,600	209,000	154,200	148,300	192,000	192,100	220,700	232,600	186,200	153,600	-18,700	-58,100	-98,600	-92,900	43,200	-19,200	7,700	14,900	83,500	220,900	265,400	292,900	262,300	171,700	0	0	0
Less: Net income attributable to non-controlling interest
2,500	2,200	2,200	1,700	1,600	2,500	3,200	3,200	2,700	2,300	2,000	2,300	2,500	2,400	2,500	2,500	2,500	2,800	2,700	2,600	2,900	2,400	2,100	2,700	2,700	3,200	4,000	3,900	4,200	4,300	4,400	3,900	3,400	3,300	2,100	2,300	2,400	2,400	2,900	3,100	0	0	0
Net income (loss) attributable to ON Semiconductor Corporation
83,600	211,700	320,800	548,400	601,900	627,400	991,700	933,500	872,100	810,700	391,700	293,100	224,300	182,100	125,300	161,500	187,100	206,200	151,500	145,700	189,100	189,700	218,600	229,900	183,500	150,400	-22,700	-62,000	-102,800	-97,200	38,800	-23,100	4,300	11,600	81,400	218,600	263,000	290,500	259,400	168,600	0	0	0
Comprehensive income (loss), net of tax:
Comprehensive income (loss), net of tax:
Foreign currency translation adjustments
600	100	1,000	400	-1,600	700	300	800	3,100	7,000	-4,700	-3,700	-2,600	-8,000	3,700	3,100	1,200	300	2,400	4,100	3,900	3,500	2,000	1,400	4,100	-3,800	-400	-3,800	-8,900	4,300	6,000	14,100	16,800	12,300	10,000	6,000	0	-	0	0	-	0	0
Effects of cash flow hedges
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Effects of cash flow hedges
-	-	-21,100	-18,900	-	2,000	8,000	8,100	5,600	2,600	-500	-700	800	100	1,800	2,200	3,700	3,400	-1,500	-3,100	-3,300	-1,700	2,100	4,400	-300	-2,600	-3,500	-2,800	300	800	1,100	-700	0	-	0	0	-	-	-	-	-	-	-
Effects of available-for-sale securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-4,500	-400	700	0	4,100	-200	-100	100	0	500	200	-200	400	100	300	0	-	0	0	-	-	-	-	-	-	-
Amortization of prior service costs of defined benefit plan
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	100	-100	-100	0	-	0	0	-	-	0	0	-	-	0
Other comprehensive loss, net of tax
-22,800	-16,400	-20,100	-18,500	-9,300	2,700	8,300	8,900	8,700	9,600	-5,200	-4,400	-1,800	-7,900	5,500	4,200	4,500	-800	500	1,700	600	5,900	4,000	5,800	4,000	-6,300	-3,400	-6,400	-8,800	5,600	0	0	0	-	-	-	-	-	-	-	-	-	-
Comprehensive income (loss)
63,300	197,500	302,900	531,600	594,200	632,600	1,003,200	945,600	883,500	822,600	388,500	291,000	225,000	176,600	133,300	168,200	194,100	208,200	154,700	150,000	192,600	198,000	224,700	238,400	190,200	147,300	-22,100	-64,500	-107,400	-87,300	50,600	-5,300	24,800	27,300	120,700	245,300	0	-	0	0	-	0	0
Comprehensive income attributable to non-controlling interest
2,500	2,200	2,200	1,700	1,600	2,500	3,200	3,200	2,700	2,300	2,000	2,300	2,500	2,400	2,500	2,500	2,500	2,800	2,700	2,600	2,900	2,400	2,100	2,700	2,700	3,200	4,000	3,900	4,200	4,300	4,400	3,900	3,400	3,300	2,500	3,000	0	-	0	0	-	0	0
Comprehensive income (loss) attributable to ON Semiconductor Corporation
60,800	195,300	300,700	529,900	592,600	630,100	1,000,000	942,400	880,800	820,300	386,500	288,700	222,500	174,200	130,800	165,700	191,600	205,400	152,000	147,400	189,700	195,600	222,600	235,700	187,500	144,100	-26,100	-68,400	-111,600	-91,600	46,200	-9,200	21,400	24,000	118,200	242,300	0	-	0	0	-	0	0
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