Qorvo, inc. (QRVO)
Income statement / Yearly
Mar'20Mar'19Mar'18Apr'17Mar'16Mar'15Mar'14Mar'13
Revenues

3,239

3,090

2,973

3,032

2,610

1,710

1,148

964

Cost of goods sold

1,917

1,895

1,826

1,897

1,561

1,021

743

658

Gross Profit

1,321

1,195

1,146

1,135

1,049

689

404

305

Operating expenses:
Research and development

484

450

445

470

448

257

197

178

Selling, general and administrative

343

476

527

545

534

249

-

-

Other operating expense

70

52

103

-31

-54

-59

-28

-9

Marketing and selling

-

-

-

-

-

-

74

68

General and administrative

-

-

-

-

-

-

76

64

Total operating expenses

898

978

1,076

1,047

1,037

566

377

321

Operating income

423

216

70

88

11

122

27

-15

Interest expense

60

43

59

58

23

1

5

6

Interest income

12

10

7

1

2

0

0

0

Loss on retirement of convertible subordinated notes (Note 8)

-

-

-

-

-

-

-

-2

Other income (expense)

20

-91

-0

-3

6

-0

2

-1

Income (Loss) Attributable to Parent, before Tax

395

91

17

27

-2

121

23

-25

Income Tax Expense (Benefit)

60

-41

57

43

25

-75

11

27

Net Income (Loss) Attributable to Parent

334

133

-40

-16

-28

196

12

-52

Earnings Per Share [Abstract]
Earnings Per Share, Basic

2.86

1.07

-0.32

-0.13

-0.20

2.17

0.18

-0.76

Earnings Per Share, Diluted

2.80

1.05

-0.32

-0.13

-0.20

2.11

0.18

-0.76

Weighted average shares of common stock outstanding:
Weighted Average Number of Shares Outstanding, Basic

117

124

126

127

141

90

70

69

Weighted Average Number of Shares Outstanding, Diluted

119

127

126

127

141

93

72

69