| Oct'17 | Oct'16 | Oct'15 | Oct'14 | Oct'13 | Oct'12 | Oct'11 | Oct'10 | Oct'09 |
|---|---|---|---|---|---|---|---|---|
Net revenues: | ||||||||
Systems | ||||||||
1,085,478 | 1,236,361 | 1,309,628 | 1,162,226 | 1,068,444 | 1,339,024 | 1,033,911 | 828,949 | 727,650 |
Services | ||||||||
785,498 | 755,788 | 690,829 | 706,648 | 633,777 | 526,947 | 269,955 | 172,588 | 117,064 |
Total net revenues | ||||||||
1,870,976 | 1,992,149 | 2,000,457 | 1,868,874 | 1,702,221 | 1,865,971 | 1,303,866 | 1,001,537 | 844,714 |
Cost of net revenues: | ||||||||
Systems | ||||||||
688,555 | 744,311 | 773,816 | 733,043 | 695,259 | 811,641 | 655,511 | 530,821 | 496,459 |
Services | ||||||||
469,409 | 453,527 | 400,658 | 411,114 | 361,773 | 298,489 | 156,605 | 100,404 | 66,126 |
Total cost of net revenues | ||||||||
1,157,964 | 1,197,838 | 1,174,474 | 1,144,157 | 1,057,032 | 1,110,130 | 812,116 | 631,225 | 562,585 |
Gross margin | ||||||||
713,012 | 794,311 | 825,983 | 724,717 | 645,189 | 755,841 | 491,750 | 370,312 | 282,129 |
Operating expenses: | ||||||||
Research and development | ||||||||
211,615 | 207,503 | 198,135 | 197,813 | 173,318 | 152,001 | 109,155 | 74,227 | 65,148 |
Sales and marketing | ||||||||
193,982 | 217,039 | 224,745 | 212,766 | 196,594 | 179,694 | 138,267 | 94,666 | 73,544 |
General and administrative | ||||||||
189,635 | 204,552 | 203,978 | 204,005 | 181,100 | 175,174 | 123,789 | 84,371 | 76,468 |
Restructuring and related | ||||||||
143,152 | 41,254 | 8,429 | 15,300 | - | - | - | - | - |
Litigation settlement and loss contingency expense | ||||||||
0 | 650 | 1,213 | -8,632 | 64,371 | 17,632 | 0 | 0 | - |
Amortization of purchased intangible assets | ||||||||
69,622 | 90,534 | 82,492 | 97,580 | 96,160 | 83,795 | 14,829 | 14,624 | 20,423 |
Goodwill impairment | ||||||||
17,384 | 0 | 0 | - | - | - | - | - | 175,512 |
Total operating expenses | ||||||||
825,390 | 761,532 | 718,992 | 718,832 | 711,543 | 608,296 | 386,040 | 267,888 | 411,095 |
Operating income (loss) | ||||||||
-112,378 | 32,779 | 106,991 | 5,885 | -66,354 | 147,545 | 105,710 | 102,424 | -128,966 |
Interest expense, net | ||||||||
-33,197 | -34,564 | -31,455 | -42,472 | -44,344 | -58,431 | -26,355 | 28,344 | 26,476 |
Interest income | ||||||||
- | - | - | - | - | - | - | 1,278 | 1,517 |
Other income (expense), net | ||||||||
2,756 | 3,612 | -2,588 | -3,297 | 3,740 | -20,761 | 11,929 | 3,384 | 5,716 |
Loss before income taxes | ||||||||
-142,819 | 1,827 | 72,948 | -39,884 | -106,958 | 68,353 | 91,284 | 78,742 | -148,209 |
Income tax provision | ||||||||
32,500 | 11,527 | -7,409 | -3,442 | 188,043 | 2,050 | -191,412 | -20,582 | 9,246 |
Consolidated net loss | ||||||||
-175,319 | -9,700 | 80,357 | -36,442 | -295,001 | 66,303 | 282,696 | 99,324 | - |
Net income (loss) attributable to noncontrolling interests | ||||||||
-1,490 | -419 | 1,260 | 1,688 | 1,054 | 1,270 | 292 | 497 | - |
Net loss attributable to VeriFone Systems, Inc. stockholders | ||||||||
-173,829 | -9,281 | 79,097 | -38,130 | -296,055 | 65,033 | 282,404 | 98,827 | -157,455 |
Net loss per share attributable to VeriFone Systems, Inc. stockholders: | ||||||||
Basic (in dollars per share) | ||||||||
-1.55 | -0.08 | 0.69 | -0.34 | -2.73 | 0.61 | 3.06 | 1.16 | -1.86 |
Diluted (in dollars per share) | ||||||||
-1.55 | -0.08 | 0.68 | -0.34 | -2.73 | 0.59 | 2.92 | 1.13 | -1.86 |
Weighted average number of shares used in computing net loss per share attributable to VeriFone Systems, Inc. stockholders: | ||||||||
Basic (in shares) | ||||||||
111,817 | 110,829 | 114,044 | 111,586 | 108,609 | 107,006 | 92,414 | 85,203 | 84,473 |
Diluted (in shares) | ||||||||
111,817 | 110,829 | 115,934 | 111,586 | 108,609 | 110,315 | 96,616 | 87,785 | 84,473 |