Penumbra Inc PEN Income Statement

Penumbra inc (PEN)

Income statement / TTM

Mar'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	Sep'14
Revenue
556,295	547,405	522,935	495,239	470,676	444,938	420,196	392,301	363,252	333,764	310,818	294,094	278,611	263,317	244,628	227,857	205,062	186,095	164,143	0	0	0
Cost of revenue
180,232	175,441	170,387	163,677	160,790	152,405	142,648	134,988	127,262	116,622	110,823	106,002	99,978	92,488	83,921	76,527	67,827	62,037	55,746	0	0	0
Gross profit
376,063	371,964	352,548	331,562	309,886	292,533	277,548	257,313	235,990	217,142	199,995	188,092	178,633	170,829	160,707	151,330	137,235	124,058	108,397	0	0	0
Operating expenses:
Research and development
53,002	51,723	49,729	45,088	0	-	-	-	-	-	-	-	-	23,875	23,246	21,309	19,837	18,027	16,440	0	0	0
Sales, general and administrative
286,095	272,733	259,221	245,866	0	-	-	-	-	-	-	-	-	148,304	135,839	124,854	115,374	101,852	89,287	0	0	0
Acquired in-process research and development
-	-	0	-	-	30,835	30,835	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-
Total operating expenses
339,097	324,456	308,950	321,789	303,631	293,385	281,213	239,446	228,734	215,977	203,838	193,981	183,864	172,179	159,085	146,163	135,211	119,879	105,727	0	0	0
Income from operations
36,966	47,508	43,598	9,773	0	-	-	-	-	-	-	-	-	-1,350	1,622	5,167	2,024	4,179	2,670	0	0	0
Interest income, net
2,420	2,854	3,000	3,012	0	-	-	-	-	-	-	-	-	2,323	1,839	1,225	843	541	546	0	0	0
Other (expense) income, net
-1,906	-227	-863	79	0	-	-	-	-	-	-	-	-	-1,842	-939	-694	-964	-696	-669	0	0	0
(Loss) income before income taxes
37,480	50,135	45,735	12,864	9,013	1,608	-1,835	19,312	8,731	2,476	-2,945	-5,276	-4,741	-869	2,522	5,698	1,903	4,024	2,547	0	0	0
(Benefit from) provision for income taxes
148	3,248	1,685	1,283	-965	-4,403	-11,192	-12,334	-6,904	-3,611	3,174	-10,280	-14,158	-15,683	-16,321	-2,140	-251	1,659	1,643	0	0	0
Income before equity in losses of unconsolidated investee
-	-	44,167	11,661	-	6,011	9,357	31,646	15,635	6,087	0	0	0	-	-	-	-	-	-	-	-	-
Equity in losses of unconsolidated investee
-	-	0	-920	-	-3,101	-3,828	-3,453	-2,381	-1,430	0	0	0	-	-	-	-	-	-	-	-	-
Consolidated net income
37,438	47,004	44,167	10,741	7,873	2,910	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-
Net loss attributable to non-controlling interest
-1,747	-1,454	-1,261	-4,274	-3,935	-3,691	-3,496	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-
Net income attributable to Penumbra, Inc.
39,185	48,458	45,428	15,015	11,808	6,601	9,025	28,193	13,254	4,657	-6,822	4,846	9,417	14,814	18,843	7,838	2,154	2,365	904	0	0	0
Net income attributable to Penumbra, Inc. per share:
Foreign currency translation adjustments, net of tax
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-2,147	-1,552	656	-1,308	-1,305	0	0	0
Net change in unrealized (losses) gains on available-for-sale securities, net of tax
-	-	-	-	-	-	-	-	-	-	-	-	-	-	91	206	311	57	-46	0	0	0
Comprehensive income (loss)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	16,787	6,492	3,121	1,114	-447	0	0	0
Net income (loss)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	18,068	6,438	2,872	1,084	-966	0	0	0
Basic (in dollars per share)
0.04	0.28	0.33	0.48	0.31	0.19	-0.55	0.39	0.16	0.27	0.01	-0.05	-0.10	-0.08	0.39	0.10	0.08	0.06	0.04	-0.11	0.10	-0.25
Diluted (in dollars per share)
0.04	0.27	0.32	0.46	0.30	0.18	-0.55	0.37	0.15	0.25	0.01	-0.05	-0.10	-0.07	0.35	0.09	0.07	0.09	0.03	-0.11	0.07	-0.25
Weighted average shares outstanding:
Basic (in shares)
35,042	34,955	34,840	34,694	34,507	34,378	34,248	34,072	33,846	33,606	33,446	33,219	31,611	31,053	30,604	30,210	29,990	30,120	7,853	5,096	4,903	4,688
Diluted (in shares)
36,362	36,312	36,271	36,214	36,213	36,150	34,248	36,116	35,917	35,833	35,664	33,219	31,611	33,825	33,755	33,308	33,023	34,399	10,189	5,096	7,193	4,688