Quidel corp /de/ (QDEL)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09
Total revenues

534,890

522,285

277,743

191,603

196,129

184,158

177,325

155,741

158,603

113,339

164,282

Cost of sales

214,085

206,572

121,601

79,872

78,029

74,180

66,976

61,285

62,865

51,489

55,218

Gross profit

320,805

315,713

156,142

111,731

118,100

-

-

-

-

-

-

Amortization of inventory fair value adjustment from acquisition

-

-

-

-

-

-

-

-

-

1,118

-

Total cost of sales (excludes amortization of intangible assets of $5,753, $6,667 and $5,852, respectively)

-

-

-

-

-

-

-

-

-

52,607

55,218

Research and development

52,553

51,649

33,644

38,672

35,514

37,913

34,186

27,716

26,325

23,696

11,957

Sales and marketing

111,114

108,987

67,248

50,436

50,401

43,076

35,744

30,319

25,751

23,972

23,347

General and administrative

52,755

44,951

29,192

26,351

27,057

25,811

25,581

19,800

22,798

19,346

17,352

Amortization of intangible assets from acquired businesses and technology

-

-

-

-

-

8,828

8,171

6,935

7,124

6,731

1,364

Impairment loss

-

-

-

-

-

3,558

0

0

-

-

-

Facility restructuring charge

-

-

-

-

-

-

1,825

0

-

-

-

Acquisition and integration costs

11,667

14,197

16,506

711

2,390

-

-

-

-

2,276

2,495

Total operating expenses

228,089

219,784

146,590

116,170

115,362

193,366

172,483

146,055

144,863

128,628

111,733

Operating income

92,716

95,929

9,552

-4,439

2,738

-9,208

4,842

9,686

13,740

-15,289

52,549

Other expense, net

-14,790

-24,283

-17,588

-12,181

-12,035

-1,775

-1,408

-2,075

-

-

-

Gain (Loss) on Extinguishment of Debt

-748

-8,262

0

421

-

-

-

-

-

-

-

Interest income

-

-

-

-

-

-

-

-

203

214

372

Interest expense

-

-

-

-

-

-

-

-

2,083

2,345

767

Interest and other expense, net

-15,538

-32,545

-17,588

-11,760

-

-

-

-

-376

-

-5

Total other expense

-

-

-

-

-

-

-

-

-2,256

-2,131

-400

Income before income taxes

77,178

63,384

-8,036

-16,199

-9,297

-10,983

3,434

7,611

11,484

-17,420

52,149

Provision for income taxes

4,257

-10,799

129

-2,391

-3,218

-3,909

-3,956

2,618

3,851

-6,149

19,266

Net income

72,921

74,183

-8,165

-13,808

-6,079

-7,074

7,390

4,993

7,633

-11,271

32,883

Basic earnings per share

1.78

1.95

-0.24

-0.42

-0.18

-0.21

-

-

-

-0.39

-

Basic earnings (loss) per share (in dollars per share)

-

-

-

-

-

-

0.22

0.15

0.23

-

1.09

Diluted earnings per share

1.73

1.86

-0.24

-0.42

-

-

0.21

0.15

0.23

-

1.08

Shares used in basic per share calculation

-

-

-

-

34,104

34,451

-

-

-

-

-

Shares used in basic per share calculation

40,860

37,995

33,734

32,708

-

-

33,836

33,068

32,903

28,582

29,964

Shares used in diluted per share calculation

43,111

42,554

33,734

32,708

-

-

34,947

33,702

33,320

28,582

30,272