PHOTRONICS INC PLAB Income Statement

Photronics inc (PLAB)

Income statement / TTM

Feb'20	Oct'19	Jul'19	Apr'19	Jan'19	Oct'18	Jul'18	Apr'18	Jan'18	Oct'17	Jul'17	Apr'17	Jan'17	Oct'16	Jul'16	Apr'16	Jan'16	Oct'15	Jul'15	Apr'15	Jan'15	Oct'14	Jul'14	Apr'14	Jan'14	Oct'13	Jul'13	Apr'13	Jan'13	Oct'12	Jul'12	Apr'12	Jan'12	Oct'11	Jul'11	Apr'11	Jan'11	Jul'10
Revenue
585,684	550,660	539,064	537,343	536,542	535,276	511,587	486,775	464,293	450,678	437,075	448,705	463,331	483,456	517,781	526,271	530,657	524,206	506,764	499,917	477,490	455,527	437,285	422,085	423,883	422,180	420,389	427,353	438,124	450,439	468,380	487,699	503,351	512,020	502,112	0	0	0
Cost of goods sold
456,343	429,819	420,957	414,209	406,599	403,773	389,067	378,135	368,315	359,363	351,669	353,566	357,062	364,750	374,994	377,691	380,269	381,070	381,618	383,364	371,842	355,181	336,888	323,260	322,459	322,540	323,127	324,865	330,564	338,519	349,863	363,246	372,273	375,806	370,520	0	0	0
Gross profit
129,341	120,841	118,107	123,134	129,943	131,503	122,520	108,640	95,978	91,315	96,323	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating expenses:
Selling, general and administrative
52,753	52,326	53,689	53,069	53,437	51,395	48,072	47,207	44,464	43,585	43,596	43,120	43,250	44,577	46,573	47,840	49,237	48,983	48,342	48,306	49,304	49,638	51,018	50,692	49,424	48,213	46,682	46,398	46,448	46,706	46,556	46,605	45,852	45,240	45,062	0	0	0
Research and development
16,211	16,394	15,758	14,365	14,640	14,481	14,413	16,572	16,481	15,862	17,064	17,718	19,439	21,654	21,790	22,577	22,939	21,920	22,544	21,490	21,620	21,913	22,490	22,276	20,893	20,758	19,645	19,881	19,766	19,371	18,375	16,681	16,180	15,507	14,665	0	0	0
Total operating expenses
68,964	68,720	69,447	67,434	68,077	65,876	62,485	63,779	60,945	59,447	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Consolidation, restructuring and related charges
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,428	1,183	1,176	1,118	0	26	0	0	0
Operating income
60,377	52,121	48,660	55,700	61,866	65,627	60,035	44,861	35,033	31,868	24,746	34,301	43,580	52,475	74,424	78,163	78,212	72,233	54,260	46,757	34,724	28,795	26,889	25,857	31,107	30,669	30,690	35,957	41,036	44,415	52,403	59,991	67,928	75,467	71,839	0	0	0
Other income (expense):
Interest income and other income (expense), net
3,861	5	8,840	10,779	10,376	5,206	3,434	1,881	-5,075	-3,068	-3,634	-2,200	-1,152	2,424	3,361	2,961	4,762	2,797	2,376	1,568	2,386	3,410	3,012	3,308	3,707	3,892	3,503	3,811	3,645	3,721	2,912	3,184	1,653	2,949	4,074	0	0	0
Gain on acquisition
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-
Interest expense
2,692	1,425	1,843	2,023	2,219	2,262	2,260	2,252	2,250	2,235	2,272	2,335	2,750	3,365	3,928	4,525	4,794	4,990	5,450	6,050	6,633	7,247	7,660	7,760	7,853	7,756	7,605	7,708	7,594	7,488	7,347	7,242	7,328	7,258	7,326	0	0	0
Gains on sales of investments
-	-	-	-	-	-	-	-	-	-	-	-	-	8,940	8,942	8,785	8,785	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Debt extinguishment loss
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	0
Income before income tax provision
61,546	50,701	55,657	64,456	70,023	68,571	61,209	44,490	27,708	26,565	18,838	29,921	39,833	60,474	82,799	85,384	86,965	70,040	51,186	42,275	46,849	41,330	38,613	37,777	26,961	26,805	26,588	32,060	37,087	40,648	47,968	50,960	26,994	35,899	33,328	0	0	0
Income tax provision
17,895	10,210	11,434	10,270	10,500	7,335	6,246	4,525	1,448	5,276	1,476	5,905	3,148	4,798	11,541	10,169	13,747	13,181	9,778	8,933	9,713	9,295	8,367	8,511	8,203	7,229	7,706	8,275	9,214	10,793	13,295	14,932	15,529	15,691	14,548	0	0	0
Net income
43,651	40,491	44,223	54,186	59,523	61,236	54,963	39,965	26,260	21,289	17,362	24,016	36,685	55,676	71,258	75,215	73,218	56,859	41,408	33,342	37,136	32,035	30,246	29,266	18,758	19,576	18,882	23,785	27,873	29,855	34,673	36,028	11,465	20,208	18,780	0	0	0
Net income attributable to noncontrolling interests
8,825	10,698	11,643	14,948	18,099	19,181	20,009	14,015	9,178	8,159	4,362	6,929	9,541	9,476	11,692	11,631	11,428	12,234	11,128	10,982	9,296	6,039	3,687	953	1,122	1,610	1,924	1,817	1,950	1,987	1,346	2,386	3,079	3,979	4,151	0	0	0
Net income attributable to Photronics, Inc. shareholders
34,826	29,793	32,580	39,238	41,424	42,055	34,954	25,950	17,082	13,130	13,000	17,087	27,144	46,200	59,566	63,584	61,790	44,625	30,280	22,360	27,840	25,996	26,559	28,313	17,636	17,966	16,958	21,968	25,923	27,868	33,327	33,642	8,386	16,229	14,629	0	0	0
Earnings per share:
Basic (in dollars per share)
0.16	0.14	0.10	0.13	0.08	0.18	0.19	0.15	0.09	0.07	0.06	0.03	0.03	0.07	0.12	0.18	0.31	0.28	0.18	0.15	0.06	0.07	0.07	0.25	0.03	0.08	0.10	0.08	0.04	0.06	0.18	0.15	0.07	0.16	0.19	-0.30	0.23	0.14
Diluted (in dollars per share)
0.16	0.13	0.10	0.13	0.08	0.17	0.18	0.15	0.09	0.07	0.06	0.03	0.03	0.08	0.12	0.16	0.28	0.26	0.17	0.14	0.06	0.09	0.07	0.22	0.03	0.07	0.10	0.08	0.04	0.07	0.16	0.14	0.07	0.22	0.16	-0.30	0.20	0.13
Weighted-average number of common shares outstanding:
Basic (in shares)
65,554	66,231	66,313	66,261	66,583	67,894	69,374	69,293	68,755	68,617	68,525	68,426	68,176	68,024	67,953	67,372	66,807	66,574	66,454	66,230	66,066	63,108	61,436	61,372	61,200	61,060	60,746	60,493	60,277	60,196	60,121	60,086	59,817	59,631	58,987	55,685	53,817	53,516
Diluted (in shares)
66,449	72,406	66,570	70,597	67,047	79,464	75,258	75,190	69,372	69,218	69,380	69,385	69,169	74,447	74,317	77,516	79,136	89,715	78,569	78,228	67,020	64,443	62,432	77,705	62,136	57,623	66,177	61,501	61,095	91,900	76,436	76,590	60,930	34,992	76,744	55,685	66,411	66,280