RED HAT INC RHT Income Statement

Red hat inc (RHT)

Income statement / Quarterly

May'19	Feb'19	Nov'18	Aug'18	May'18	Feb'18	Nov'17	Aug'17	May'17	Feb'17	Nov'16	Aug'16	May'16	Feb'16	Nov'15	Aug'15	May'15	Feb'15	Nov'14	Aug'14	May'14	Feb'14	Nov'13	Aug'13	May'13	Feb'13	Nov'12	Aug'12	May'12	Feb'12	Nov'11	Aug'11	May'11	Feb'11	Nov'10	Aug'10	May'10	Nov'09	Aug'09
Revenue:
Total revenue
934,111	878,997	846,795	822,747	813,530	772,332	747,978	723,355	676,796	628,839	615,260	599,805	567,899	543,501	523,580	504,148	481,001	463,941	455,895	445,899	423,754	400,397	396,536	374,423	363,259	347,885	343,606	322,595	314,731	297,011	290,026	281,320	264,746	244,796	235,576	219,761	209,144	194,346	183,633
Cost of revenue:
Total cost of revenue
144,283	132,505	124,117	118,930	122,699	112,625	111,759	106,717	100,696	92,206	90,453	87,671	84,048	81,220	81,048	75,964	71,397	70,217	71,365	67,174	64,443	60,536	60,427	55,580	56,057	53,605	53,118	47,858	46,019	44,273	45,189	46,639	42,447	41,603	39,744	35,702	33,238	29,598	28,440
Gross profit
789,828	746,492	722,678	703,817	690,831	659,707	636,219	616,638	576,100	536,633	524,807	512,134	483,851	462,281	442,532	428,184	409,604	393,724	384,530	378,725	359,311	339,861	336,109	318,843	307,202	294,280	290,488	274,737	268,712	252,738	244,837	234,681	222,299	203,193	195,832	184,059	175,906	164,748	155,193
Operating expense:
Sales and marketing
394,201	341,491	353,592	334,380	348,815	314,563	308,083	278,317	294,323	270,608	267,080	253,255	243,248	229,193	215,784	205,101	198,872	189,811	187,218	174,520	176,838	157,317	153,528	144,596	142,444	136,314	133,792	123,578	120,870	115,019	107,561	99,730	97,325	88,272	85,138	79,434	74,564	71,498	66,768
Research and development
182,961	171,461	164,267	166,308	166,506	153,778	145,580	141,809	137,163	121,918	122,469	121,265	115,016	108,497	104,906	102,488	97,431	92,039	90,613	95,265	89,939	82,643	82,519	78,299	73,802	71,249	68,655	63,366	59,880	55,147	53,739	51,488	48,288	45,151	43,083	42,361	40,658	38,605	36,360
General and administrative
80,548	76,978	95,861	68,573	63,354	58,886	63,838	61,722	54,870	48,052	54,485	55,730	50,224	52,820	52,965	44,125	42,371	44,267	39,502	44,713	41,571	40,601	39,270	38,203	34,333	36,486	38,122	37,813	33,912	34,068	29,965	30,985	31,327	30,360	29,655	28,193	26,445	26,102	24,523
Facility exit costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,171	-	0	0	0	3,142	-	-	0	0	-	-	-	-	-	-
Litigation settlement
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	8,750	-
Total operating expense
657,710	589,930	613,720	569,261	578,675	527,227	517,501	481,848	486,356	440,578	444,034	430,250	408,488	390,510	373,655	351,714	338,674	326,117	317,333	314,498	308,348	280,561	275,317	263,269	250,579	244,049	240,569	224,757	217,804	204,234	191,265	182,203	176,940	163,783	157,876	149,988	141,667	144,955	127,651
Income from operations
132,118	156,562	108,958	134,556	112,156	132,480	118,718	134,790	89,744	96,055	80,773	81,884	75,363	71,771	68,877	76,470	70,930	67,607	67,197	64,227	50,963	59,300	60,792	55,574	56,623	50,231	49,919	49,980	50,908	48,504	53,572	52,478	45,359	39,410	37,956	34,071	34,239	19,793	27,542
Interest income
9,254	7,508	7,334	7,855	7,834	5,024	4,864	4,612	3,993	3,753	3,346	3,392	3,430	3,189	2,874	2,895	2,715	2,288	2,196	2,010	1,842	2,037	1,579	1,527	1,502	1,861	1,936	2,154	2,294	2,280	2,075	2,127	1,936	1,697	1,608	1,775	1,663	2,206	2,524
Interest expense
1,959	4,412	4,299	4,808	6,319	6,223	6,180	6,081	6,085	6,001	6,009	5,925	5,887	5,856	5,817	5,733	5,715	5,803	3,441	97	53	-	51	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other expense, net
-766	245	-464	-2,457	-2,194	11,368	-1,187	-1,260	-586	-303	-1,392	84	-553	-336	49	-1,245	-203	4,785	1,559	-192	410	391	-389	1,196	-424	235	-730	-656	1,887	-155	-227	326	-266	-865	462	548	1,130	3,253	3,192
Income before provision for income taxes
138,647	159,903	111,529	135,146	111,477	142,649	116,215	132,061	87,066	93,504	76,718	79,435	72,353	68,768	65,983	72,387	67,727	68,877	67,511	65,948	53,162	61,619	61,931	58,297	57,701	52,060	51,125	51,478	55,089	50,629	55,420	54,931	47,029	40,242	40,026	36,394	37,032	25,252	33,258
Benefit for income taxes
-2,473	20,409	17,079	48,292	-1,713	154,809	14,606	34,973	11,752	26,013	8,775	20,663	11,169	15,732	19,135	20,992	19,641	21,177	19,578	19,125	15,417	16,551	9,906	17,489	17,310	9,087	16,360	16,473	17,628	14,661	17,180	14,963	14,579	6,708	14,009	12,738	12,961	8,838	4,321
Net Income (Loss) Attributable to Parent
141,120	139,494	94,450	86,854	113,190	-12,160	101,609	97,088	75,314	67,491	67,943	58,772	61,184	53,036	46,848	51,395	48,086	47,700	47,933	46,823	37,745	45,068	52,025	40,808	40,391	42,973	34,765	35,005	37,461	35,968	38,240	39,968	32,450	33,534	26,017	23,656	24,071	16,414	28,937
Net income per share:
Basic (in dollars per share)
0.80	0.79	0.54	0.49	0.64	-0.06	0.57	0.55	0.42	0.37	0.38	0.33	0.34	0.29	0.26	0.28	0.26	0.26	0.26	0.25	0.20	0.24	0.27	0.22	0.21	0.23	0.18	0.18	0.19	0.18	0.20	0.21	0.17	0.16	0.14	0.13	0.13	0.09	0.15
Earnings Per Share, Diluted
0.76	0.75	0.51	0.46	0.59	-0.07	0.55	0.53	0.41	0.38	0.37	0.32	0.33	0.28	0.25	0.28	0.26	0.24	0.26	0.25	0.20	0.24	0.27	0.21	0.21	0.22	0.18	0.18	0.19	0.19	0.19	0.20	0.17	0.18	0.13	0.12	0.12	0.08	0.15
Weighted average shares outstanding:
Weighted Average Number of Shares Outstanding, Basic
177,400	176,808	176,231	176,746	177,302	177,037	177,063	177,257	177,243	177,845	179,233	180,322	181,168	182,109	182,850	183,179	183,130	183,543	185,039	188,162	189,372	189,615	189,514	189,437	191,114	193,203	193,374	193,064	192,947	193,119	193,393	192,937	193,155	192,927	191,296	189,027	187,926	187,450	187,099
Weighted Average Number of Shares Outstanding, Diluted
186,635	187,046	186,062	186,936	190,739	187,417	186,160	183,021	181,810	181,629	182,682	183,346	184,187	185,457	186,094	186,750	186,175	187,098	187,674	190,755	191,457	192,378	191,365	191,432	192,969	195,818	195,666	195,795	195,937	196,878	196,468	196,171	196,287	201,678	196,908	193,560	193,266	193,733	192,659
Subscriptions
Total revenue
814,952	774,178	740,661	722,699	711,521	683,276	656,832	637,562	596,508	559,588	543,318	531,209	501,665	479,642	457,488	441,526	424,793	405,072	394,699	389,495	371,968	351,492	342,770	326,692	315,817	302,784	294,186	278,800	272,571	255,167	246,538	238,337	225,533	209,303	198,842	186,183	179,076	164,432	156,273
Total cost of revenue
61,899	56,298	53,441	51,931	52,173	48,105	47,277	46,324	43,633	42,094	40,660	39,678	36,545	33,575	32,246	30,996	29,846	28,731	28,574	27,791	27,760	25,663	24,544	23,518	23,375	22,401	21,153	18,846	17,940	17,361	17,041	16,596	15,239	14,741	13,336	12,256	12,664	11,010	10,972
Training and services
Total revenue
119,159	104,819	106,134	100,048	102,009	89,056	91,146	85,793	80,288	69,251	71,942	68,596	66,234	63,859	66,092	62,622	56,208	58,869	61,196	56,404	51,786	48,905	53,766	47,731	47,442	45,101	49,420	43,795	42,160	41,844	43,488	42,983	39,213	35,493	36,734	33,578	30,068	29,914	27,360
Total cost of revenue
82,384	76,207	70,676	66,999	70,526	64,520	64,482	60,393	57,063	50,112	49,793	47,993	47,503	47,645	48,802	44,968	41,551	41,486	42,791	39,383	36,683	34,873	35,883	32,062	32,682	31,204	31,965	29,012	28,079	26,912	28,148	30,043	27,208	26,862	26,408	23,446	20,574	18,588	17,468