Resmed inc. (RMD)
Income statement / Yearly
Jun'19Jun'18Jun'17Jun'16Jun'15Jun'14Jun'13Jun'12Jun'11Jun'10Jun'09
Net revenue

2,606,572

2,340,196

2,066,737

1,838,713

1,678,912

1,554,973

1,514,457

1,368,515

1,243,148

1,092,357

920,735

Acquisition related expenses (note 21)

6,123

-

10,076

-

-

-

-

-

-

-

-

Donations to research foundations

-

-

-

-

-

-

-

-

-

3,000

3,500

Total cost of sales

1,069,987

978,032

864,992

772,216

667,516

565,187

573,800

547,780

501,822

436,874

366,933

Gross profit

1,536,585

1,362,164

1,201,745

1,066,497

1,011,396

989,786

940,657

820,735

741,326

655,483

553,802

Operating expenses:
Selling, general and administrative

645,010

600,369

553,968

488,057

478,627

450,414

430,802

402,621

372,249

328,858

289,875

Research and development

180,651

155,149

144,467

118,651

114,865

118,226

120,124

109,733

92,007

75,202

63,056

Education, research and settlement charge (note 23)

-

-

-

-

-

-

24,765

-

-

-

-

Amortization of acquired intangible assets

74,938

46,383

46,578

23,923

8,668

9,733

10,142

13,974

10,146

8,041

7,060

Restructuring expenses (note 22)

9,401

18,432

12,358

6,914

-

6,326

-

-

-

-

-

Litigation settlement expenses

41,199

-

8,500

-

-

-

-

-

-

-

-

Total operating expenses

957,322

820,333

775,947

637,545

602,160

584,699

585,833

526,328

474,402

415,101

363,491

Income from operations

579,263

541,831

425,798

428,952

409,236

405,087

354,824

294,407

266,924

240,382

190,311

Other income (loss), net:
Interest income

2,299

16,378

17,085

16,860

26,208

31,236

38,873

33,866

27,801

16,696

10,205

Interest expense

36,156

28,355

28,236

11,206

5,778

6,129

6,387

4,786

1,758

2,667

-

Loss attributable to equity method investments (note 5)

-15,833

-

-

-

-

-

-

-

-

-

-

Other, net

-10,726

-8,542

4,096

4,960

6,250

884

-2,191

8,458

10,740

6,178

1,168

Total other income (loss), net

-60,416

-20,519

-7,055

10,614

26,680

25,991

30,295

37,538

36,783

20,207

11,373

Income before income taxes

518,847

521,312

418,743

439,566

435,916

431,078

385,119

331,945

303,707

260,589

201,684

Income taxes

114,255

205,724

76,459

87,157

83,030

85,805

77,986

77,095

76,721

70,504

55,236

Net income

404,592

315,588

342,284

352,409

352,886

345,273

307,133

254,850

226,986

190,085

146,448

Basic earnings per share (note 11)

2.83

2.21

2.42

2.51

2.51

2.44

2.15

1.75

1.49

1.26

0.97

Diluted earnings per share (note 11)

2.80

2.19

2.40

2.49

2.47

2.39

2.10

1.71

1.44

1.23

0.95

Dividend declared per share

1.48

1.40

1.32

1.20

1.12

1.00

0.68

-

-

-

-

Basic shares outstanding (000's)

143,111

142,764

141,360

140,242

140,468

141,474

142,954

145,901

152,471

150,908

151,258

Diluted shares outstanding (000's)

144,484

143,987

142,453

141,669

142,687

144,359

146,410

149,316

157,195

155,098

154,226