POWER INTEGRATIONS, INC. POWI Income Statement

Power integrations, inc. (POWI)

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	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	Sep'09	Jun'09
NET REVENUES
441,145	420,669	399,519	395,445	402,062	415,955	430,897	432,067	430,148	431,755	425,942	416,312	406,320	389,668	375,141	362,394	350,088	344,609	343,295	344,561	348,281	348,797	352,614	354,185	353,122	347,089	335,847	322,177	310,637	305,370	292,930	289,948	293,750	298,739	304,995	305,384	305,058	299,803	286,841	260,639	0	0	0
COST OF REVENUES
216,737	207,267	196,337	193,389	195,344	201,167	210,086	212,548	213,416	218,091	216,230	212,471	208,141	197,477	190,197	183,131	174,592	171,309	167,019	163,394	162,396	159,227	160,458	162,307	163,773	163,853	161,598	157,951	154,863	154,868	150,278	151,004	154,935	158,093	159,778	156,205	152,016	147,262	141,302	129,908	0	0	0
GROSS PROFIT
224,408	213,402	203,182	202,056	206,718	214,788	220,811	219,519	216,732	213,664	209,712	203,841	198,179	192,191	184,944	179,263	175,496	173,300	176,276	181,167	185,885	189,570	192,156	191,878	189,349	183,236	174,249	164,226	155,774	150,502	142,652	138,944	138,815	140,646	145,217	149,179	153,042	152,541	145,539	130,731	0	0	0
OPERATING EXPENSES:
Research and development
74,676	73,470	73,137	72,416	71,045	70,580	69,795	69,899	69,342	68,501	67,087	65,653	64,171	62,310	60,400	58,382	57,387	57,549	57,360	56,930	56,432	54,981	54,223	53,749	52,872	51,654	50,320	48,764	47,341	45,709	43,866	42,783	40,912	40,295	40,316	39,319	37,798	35,886	32,979	31,320	0	0	0
Sales and marketing
54,753	54,297	52,879	52,705	52,993	53,064	53,119	52,609	52,256	51,384	50,653	49,914	48,788	47,978	46,568	45,668	46,109	46,816	47,591	48,026	47,799	47,796	48,015	47,663	46,795	45,466	43,711	42,828	40,640	37,998	35,926	33,587	32,515	32,624	33,405	33,072	32,495	31,167	27,848	26,116	0	0	0
General and administrative
37,953	37,582	35,744	34,986	34,872	35,496	35,827	36,907	36,452	36,142	35,272	34,515	33,883	33,029	31,668	30,240	29,598	30,029	31,516	31,310	31,632	30,997	30,880	31,709	31,962	32,050	31,894	31,851	30,885	30,243	27,880	26,084	25,125	24,508	25,099	25,700	26,024	25,562	24,689	23,537	0	0	0
Charge related to SemiSouth (Note 12)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-
Total operating expenses
-1,587	-3,620	161,760	160,107	158,910	159,140	158,741	159,415	158,050	156,027	153,012	150,082	146,842	143,317	138,636	134,290	133,094	134,394	136,467	136,266	135,863	133,774	133,118	133,121	131,629	129,170	125,825	148,643	144,066	139,150	132,972	102,454	98,552	97,427	98,820	98,091	96,317	92,615	85,516	80,973	0	0	0
INCOME FROM OPERATIONS
225,995	217,022	41,422	41,949	47,808	55,648	62,070	60,104	58,682	57,637	56,700	53,759	51,337	48,874	46,308	44,973	42,402	38,906	39,809	44,901	50,022	55,796	59,038	58,757	57,720	54,066	48,424	15,583	11,708	11,352	9,680	36,490	40,263	43,219	46,397	51,088	56,725	59,926	60,023	49,758	0	0	0
Charge related to SemiSouth (Note 12)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-
Other, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	620	321	688	648	-917	-162	-532	-134	14	-271	-5	-178	1,870	1,789	0	-	0	0	-	0	0
OTHER INCOME
6,017	5,392	4,837	4,857	4,432	4,116	3,615	3,412	2,992	2,662	2,165	1,552	1,323	1,078	985	1,131	909	425	401	354	538	1,018	1,333	1,034	1,401	1,361	1,020	-32,162	-32,532	-32,134	-31,869	1,783	2,049	1,876	1,954	1,817	1,827	1,879	1,558	1,897	0	0	0
INCOME BEFORE INCOME TAXES
232,012	222,414	46,259	46,806	52,240	59,764	65,685	63,516	61,674	60,299	58,865	55,311	52,660	49,952	47,293	46,104	43,311	39,331	40,210	45,255	50,560	56,814	60,371	59,791	59,121	55,427	49,444	-16,579	-20,824	-20,782	-22,189	38,273	42,312	45,095	48,351	52,905	58,552	61,805	61,581	51,655	0	0	0
PROVISION FOR INCOME TAXES
29,891	28,946	-11,654	-11,675	-10,777	-10,220	35,335	34,327	33,964	32,690	55	198	42	1,054	-8	99	123	179	-590	-143	-2,964	-2,730	-856	-1,979	395	-1,839	-1,502	-6,465	10,138	13,622	15,606	24,150	10,414	10,804	11,457	10,889	11,548	12,341	11,894	10,073	0	0	0
NET INCOME
202,121	193,468	57,913	58,481	63,017	69,984	30,350	29,189	27,710	27,609	58,810	55,113	52,618	48,898	47,301	46,005	43,188	39,152	40,800	45,398	53,524	59,544	61,227	61,770	58,726	57,266	50,946	-10,114	-30,962	-34,404	-37,795	14,123	31,898	34,291	36,894	42,016	47,004	49,464	49,687	41,582	0	0	0
EARNINGS PER SHARE:
Basic (in dollars per share)
0.54	5.41	0.58	0.37	0.25	0.78	0.60	0.52	0.48	-0.57	0.55	0.47	0.48	0.49	0.44	0.40	0.36	0.44	0.40	0.29	0.22	0.49	0.54	0.55	0.41	0.54	0.56	0.47	0.38	0.33	-1.54	-0.25	0.26	0.23	0.26	0.37	0.34	0.32	0.45	0.56	0.45	0.34	0.17
Diluted (in dollars per share)
0.53	5.30	0.57	0.37	0.25	0.76	0.59	0.51	0.46	-0.57	0.54	0.46	0.47	0.48	0.43	0.39	0.35	0.43	0.39	0.29	0.21	0.47	0.52	0.54	0.40	0.52	0.54	0.45	0.37	0.34	-1.54	-0.25	0.25	0.21	0.25	0.35	0.33	0.29	0.43	0.53	0.42	0.32	0.16
SHARES USED IN PER SHARE CALCULATION:
Basic (in shares)
29,602	29,435	29,385	29,297	28,951	29,155	29,365	29,505	29,799	29,761	29,759	29,720	29,456	29,199	28,972	28,850	28,679	28,472	28,855	29,368	29,309	29,342	30,013	30,310	30,239	29,990	29,762	29,178	28,754	28,790	28,908	28,619	28,227	28,071	28,799	28,938	28,628	28,140	27,894	27,844	27,470	26,723	26,804
Diluted (in shares)
30,134	30,250	29,866	29,702	29,446	29,855	29,998	30,183	30,552	30,864	30,614	30,454	30,248	30,185	29,625	29,422	29,244	29,394	29,298	30,034	30,058	30,282	30,757	31,110	31,167	31,087	30,652	30,158	29,783	27,582	28,908	28,619	29,435	29,444	29,879	30,346	30,187	30,048	29,283	29,535	29,358	28,431	27,944