Power integrations, inc. (POWI)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09Dec'08
NET REVENUES

420,669

415,955

431,755

389,668

344,609

348,797

347,089

305,370

298,739

299,803

215,701

201,708

COST OF REVENUES

207,267

201,167

218,091

197,477

171,309

159,227

163,853

154,868

158,093

147,262

107,633

96,678

GROSS PROFIT

213,402

214,788

213,664

192,191

173,300

189,570

183,236

150,502

140,646

152,541

108,068

105,030

OPERATING EXPENSES:
Research and development

73,470

70,580

68,501

62,310

57,549

54,981

51,654

45,709

40,295

35,886

30,473

36,867

Sales and marketing

54,297

53,064

51,384

47,978

46,816

47,796

45,466

37,998

32,624

31,167

25,018

35,898

General and administrative

37,582

35,496

36,142

33,029

30,029

30,997

32,050

30,243

24,508

25,562

23,967

27,296

Litigation settlement

-169,000

0

0

-

-

-

-

-

-

-

-

-

Charge related to SemiSouth (Note 12)

-

-

-

-

-

-

-

25,200

0

0

-

-

Intangible asset impairment

-

-

-

-

-

-

-

-

-

-

-

1,958

Total operating expenses

-3,620

159,140

156,027

143,317

134,394

133,774

129,170

139,150

97,427

92,615

79,458

102,019

INCOME FROM OPERATIONS

217,022

55,648

57,637

48,874

38,906

55,796

54,066

11,352

43,219

59,926

28,610

3,011

Interest income

-

-

-

-

-

-

736

1,747

2,054

2,096

2,175

7,608

Interest expense

-

-

-

-

-

-

23

2

0

3

3

9

Charge related to SemiSouth (Note 12)

-

-

-

-

-

-

-

33,745

0

0

-

-

Insurance reimbursement

-

-

-

-

-

-

-

-

-

-

-

878

Other, net

-

-

-

-

-

-

648

-134

-178

-214

-259

-764

OTHER INCOME

5,392

4,116

2,662

1,078

425

1,018

1,361

-32,134

1,876

1,879

1,913

7,713

INCOME BEFORE INCOME TAXES

222,414

59,764

60,299

49,952

39,331

56,814

55,427

-20,782

45,095

61,805

30,523

10,724

PROVISION FOR INCOME TAXES

28,946

-10,220

32,690

1,054

179

-2,730

-1,839

13,622

10,804

12,341

7,254

8,921

NET INCOME

193,468

69,984

27,609

48,898

39,152

59,544

57,266

-34,404

34,291

49,464

23,269

1,803

EARNINGS PER SHARE:
Basic (in dollars per share)

6.61

2.38

0.93

1.69

1.35

1.99

1.95

-1.20

1.20

1.78

0.86

0.06

Diluted (in dollars per share)

6.49

2.32

0.90

1.65

1.32

1.93

1.88

-1.20

1.14

1.67

0.82

0.06

SHARES USED IN PER SHARE CALCULATION:
Basic (in shares)

29,267

29,456

29,674

28,925

29,001

29,976

29,421

28,636

28,609

27,837

26,920

30,099

Diluted (in shares)

29,816

30,147

30,545

29,619

29,696

30,829

30,420

28,636

29,964

29,556

28,297

31,755