PLANTRONICS INC /CA/ PLT Income Statement

Plantronics inc /ca/ (PLT)

Income statement / Quarterly

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	Dec'09	Sep'09	Jun'09
Net revenues
384,471	461,709	447,767	468,488	501,669	483,069	221,309	216,143	226,534	210,300	203,926	208,954	232,933	216,183	223,106	209,797	225,735	215,017	206,358	200,762	231,781	215,805	216,662	209,070	212,739	193,980	202,818	204,179	197,402	179,280	181,365	177,584	183,236	176,948	175,600	173,077	181,585	158,255	170,685	162,282	165,935	144,458	141,162
Cost of revenues
240,625	255,638	235,121	251,958	286,532	330,440	111,466	102,068	112,409	102,668	100,643	101,283	122,753	105,737	110,033	102,967	116,219	104,047	99,000	91,596	111,865	97,978	101,952	98,015	102,412	94,366	97,186	98,086	95,238	82,052	83,669	82,469	87,024	77,982	81,542	82,536	85,777	72,296	81,237	74,516	85,566	76,527	76,158
Gross profit
143,846	206,071	212,646	216,530	215,137	152,629	109,843	114,075	114,125	107,632	103,283	107,671	110,180	110,446	113,073	106,830	109,516	110,970	107,358	109,166	119,916	117,827	114,710	111,055	110,327	99,614	105,632	106,093	102,164	97,228	97,696	95,115	96,212	98,966	94,058	90,541	95,808	85,959	89,448	87,766	80,369	67,931	65,004
Operating expenses:
Research, development, and engineering
53,769	57,415	59,524	61,477	59,661	57,047	23,701	21,791	21,257	19,932	21,213	22,202	21,393	22,379	22,344	23,794	20,811	22,609	23,194	22,347	22,991	23,769	22,520	22,453	21,018	20,447	20,863	20,848	20,248	19,581	19,696	18,278	16,829	17,651	16,906	16,703	16,373	15,206	14,901	15,793	14,780	13,542	13,669
Selling, general, and administrative
144,978	148,419	163,608	161,326	168,053	174,297	64,203	59,265	56,196	57,696	56,233	54,249	56,919	56,875	55,787	57,610	53,715	54,296	55,678	54,813	57,977	60,350	56,429	53,105	51,467	48,507	48,097	47,969	45,442	43,130	45,904	44,824	41,976	44,418	42,116	44,642	43,319	36,742	38,686	40,185	37,502	32,913	33,184
Gain, net from litigation settlements
0	0	1,162	-1,005	0	0	30	125	15	104	176	32	103	349	-4,739	236	91	31	876	846	1,666	4,150	2,000	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Restructuring and other related charges
21,724	5,847	19,525	11,983	12,130	7,261	1,320	13	-84	-51	2,573	1,241	113	-415	-1,048	7,727	8,433	0	0	-	0	-	-	0	0	-176	723	398	1,868	0	0	-	0	-	-	-	-428	-	-	100	332	857	578
Total operating expenses
220,471	211,681	241,495	235,791	239,844	238,605	89,194	80,944	77,354	77,473	79,843	77,660	78,322	78,490	81,822	88,895	82,868	76,874	77,996	76,314	79,302	79,969	76,949	75,558	72,485	68,778	69,683	69,215	67,558	62,711	65,600	63,102	58,805	62,069	59,022	56,245	59,264	51,948	53,587	56,078	52,614	47,312	47,431
Operating loss
-76,625	-5,610	-28,849	-19,261	-24,707	-85,976	20,649	33,131	36,771	30,159	23,440	30,011	31,858	31,956	31,251	17,935	26,648	34,096	29,362	32,852	40,614	37,858	37,761	35,497	37,842	30,836	35,949	36,878	34,606	34,517	32,096	32,013	37,407	36,897	35,036	34,296	36,544	34,011	35,861	31,688	27,755	20,619	17,573
Interest expense
22,533	23,797	23,932	26,748	25,032	23,893	7,327	7,393	7,341	7,260	7,303	7,363	7,322	7,257	7,288	7,871	7,217	7,320	2,741	32	59	142	8	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other non-operating income, net
967	-625	333	2,872	125	1,610	1,996	793	2,490	1,826	914	1,700	427	1,340	2,352	1,309	398	-2,138	-285	-2,119	-1,959	-543	1,028	1,194	186	359	-486	-136	177	275	12	260	406	-58	641	-671	-20	1,017	-382	-548	1,422	884	1,347
Loss before income taxes
-98,191	-30,032	-52,448	-43,137	-49,614	-108,259	15,318	26,531	31,920	24,725	17,051	24,348	24,963	26,039	26,315	11,373	19,829	24,638	26,336	30,701	38,596	37,173	38,781	36,453	38,028	31,195	35,463	36,742	34,783	34,792	32,108	32,273	37,813	36,839	35,677	33,625	36,524	35,028	35,479	31,140	29,177	21,503	18,920
Income tax benefit
-19,708	-4,122	-7,577	-21,548	-7,880	-21,550	847	16,677	81,424	4,772	-1,777	4,831	2,742	5,565	5,928	-1,607	3,541	6,742	5,108	4,877	8,212	9,752	10,109	8,510	3,645	8,057	8,510	8,033	6,577	8,868	8,545	8,387	6,915	9,318	8,946	7,309	4,972	9,599	9,533	6,725	5,974	5,606	5,982
Income from continuing operations, net of tax
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	24,415	23,203	15,897	12,938
Loss from operations of discontinued AEG segment (including loss on sale)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-176	-515	-26,602	-3,175
Income tax benefit on discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	15	-562	-9,959	-887
Income (loss) on discontinued operations, net of tax
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	47	-16,643	-2,288
Net Income (Loss) Attributable to Parent
-78,483	-25,910	-44,871	-21,589	-41,734	-86,709	14,471	9,854	-49,504	19,953	18,828	19,517	22,221	20,474	20,387	12,980	16,288	17,896	21,228	25,824	30,384	27,421	28,672	27,943	34,383	23,138	26,953	28,709	28,206	25,924	23,563	23,886	30,898	27,521	26,731	26,316	31,552	25,429	25,946	24,224	23,250	-746	10,650
Loss per common share:
Continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.50	0.48	0.33	0.27
Discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.00	0.00	-0.34	-0.05
Earnings Per Share, Basic
-1.97	-0.65	-1.14	-0.77	-1.06	-2.21	0.43	0.34	-1.54	0.59	0.58	0.61	0.69	0.63	0.63	0.41	0.50	0.53	0.56	0.61	0.73	0.66	0.69	0.67	0.81	0.54	0.63	0.68	0.68	0.62	0.57	0.56	0.73	0.62	0.57	0.55	0.66	0.54	0.54	0.50	0.48	-0.02	0.22
Continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.49	0.47	0.32	0.27
Discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.00	0.00	-0.34	-0.05
Earnings Per Share, Diluted
-1.97	-0.65	-1.14	-0.76	-1.06	-2.21	0.42	0.35	-1.54	0.59	0.57	0.58	0.68	0.63	0.62	0.40	0.49	0.52	0.55	0.59	0.71	0.65	0.68	0.64	0.80	0.53	0.62	0.67	0.66	0.61	0.55	0.54	0.71	0.60	0.56	0.53	0.64	0.52	0.52	0.49	0.47	-0.02	0.22
Shares used in computing loss per common share:
Weighted Average Number of Shares Outstanding, Basic
39,784	39,584	39,239	39,087	39,314	39,281	32,594	32,229	32,075	32,570	32,506	32,350	32,242	32,281	32,243	32,337	32,579	33,590	38,002	41,607	41,901	41,765	41,619	41,865	42,441	42,810	42,692	42,105	41,745	41,482	41,660	42,307	42,541	44,556	46,688	47,988	47,649	47,087	48,128	193,870	48	48	48
Weighted Average Number of Shares Outstanding, Diluted
39,784	39,584	39,239	38,147	39,314	39,281	33,534	31,285	32,075	32,809	33,211	33,482	32,826	32,726	32,818	33,305	33,259	34,245	38,943	42,901	42,700	42,505	42,466	42,981	43,228	43,597	43,650	43,361	42,618	42,403	42,570	43,643	43,640	45,717	48,060	49,707	49,431	48,524	49,714	197,176	49	49	48
Cash dividends declared per common share (in dollars per share)
-	-	-	-	-	-	-	-	-	0.15	0.15	0.15	0.15	0.15	0.15	0.15	0.15	0.15	0.15	0.15	0.15	0.15	0.15	0.10	0.10	0.10	0.10	0.10	0.10	0.10	0.10	0.05	0.05	0.05	0.05	0.05	0.05	0.05	0.05	0.05	0.05	0.05	0.05
Product [Member]
Net revenues
316,633	395,137	382,745	408,758	445,441	435,262	221,309	-	226,534	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cost of revenues
220,469	229,323	208,616	226,009	259,673	305,477	111,466	-	112,409	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Service [Member]
Net revenues
67,838	66,572	65,022	59,730	56,228	47,807	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cost of revenues
20,156	26,315	26,505	25,949	26,859	24,963	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-