Super Micro Computer, Inc. SMCI Income Statement

Super micro computer, inc. (SMCI)

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
Revenue from Contract with Customer, Excluding Assessed Tax
3,297,389	3,268,480	3,329,046	3,500,360	3,627,788	3,719,399	3,614,873	3,360,492	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net sales (1)
-	-	-	-	-	-	-	-	-	-	-	-	2,337,976	2,236,646	2,214,681	2,225,022	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net sales (including related party sales of $4,069 and $4,413 in the three months ended March 31, 2017 and 2016, respectively, and $14,414 and $12,125 in the nine months ended March 31, 2017 and 2016, respectively)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,845,630	1,748,160	1,601,508	1,467,202	1,361,466	1,265,745	1,200,870	1,162,561	1,116,124	1,078,268	1,036,696	1,013,874	998,281	992,391	983,289	942,582	0	0	0
Cost of sales (including related party purchases of $60,387 and $62,624 in the three months ended March 31, 2020 and 2019, respectively, and $200,753 and $215,331 in the nine months ended March 31, 2020 and 2019, respectively)
2,762,662	2,754,786	2,825,834	3,004,838	3,131,971	3,229,992	3,147,694	2,930,498	2,673,400	2,473,668	2,319,443	2,134,971	2,003,095	1,908,119	1,879,103	1,894,521	1,894,835	1,854,755	1,735,269	1,647,769	1,548,768	1,470,854	1,353,562	1,241,657	1,156,295	1,078,945	1,029,040	1,002,508	959,646	919,954	875,890	848,457	835,280	832,263	825,596	791,478	0	0	0
Gross profit
534,727	513,694	503,212	495,522	495,817	489,407	467,179	429,994	383,598	363,018	353,460	349,958	334,881	328,527	335,578	330,501	335,764	333,601	314,866	306,584	296,862	277,306	247,946	225,545	205,171	186,800	171,830	160,053	156,478	158,314	160,806	165,417	163,001	160,128	157,693	151,104	0	0	0
Operating expenses:
Research and development
200,919	196,133	186,485	179,907	176,326	173,810	167,430	165,104	160,863	154,596	150,510	143,992	139,316	135,025	130,226	124,223	119,418	113,234	108,040	101,402	95,539	90,567	85,530	84,257	80,791	78,827	77,223	75,208	73,231	71,787	68,620	64,223	59,806	54,846	51,486	48,108	0	0	0
Sales and marketing
84,748	81,356	79,056	77,154	74,358	74,757	73,075	71,579	71,941	69,297	68,078	66,445	63,826	61,639	59,924	58,338	55,540	53,974	50,071	47,496	45,411	42,331	40,149	38,012	35,618	34,915	33,884	33,785	34,815	34,277	34,364	33,308	31,329	29,692	28,361	26,859	0	0	0
General and administrative
142,694	132,526	136,066	141,228	136,525	123,906	112,786	98,597	80,189	68,180	53,101	44,646	43,306	41,247	40,719	40,449	37,592	35,439	30,530	25,040	23,413	21,885	22,425	23,017	22,615	22,943	23,204	23,902	24,510	24,178	23,640	21,872	20,442	18,598	17,648	17,444	0	0	0
Total operating expenses
428,361	410,015	401,607	398,289	387,209	372,473	353,291	335,280	312,993	292,073	271,689	255,083	246,448	237,911	230,869	223,010	212,550	202,647	188,641	173,938	164,363	154,783	148,104	145,286	139,024	136,685	134,311	132,895	132,556	130,242	126,624	119,403	111,577	103,136	97,495	92,411	0	0	0
Income from operations
106,366	103,679	101,605	97,233	108,608	116,934	113,888	94,714	70,605	70,945	81,771	94,875	88,433	90,616	104,709	107,491	123,214	130,954	126,225	132,646	132,499	122,523	99,842	80,259	66,147	50,115	37,519	27,158	23,922	28,072	34,182	46,014	51,424	56,992	60,198	58,693	0	0	0
Other income (expense), net
383	-640	400	-1,020	1,512	1,210	192	-773	-1,209	-2,415	-1,331	-984	-1,419	322	-1,010	1,507	2,437	2,311	2,989	956	111	100	110	92	97	89	50	48	32	39	52	54	56	68	63	66	0	0	0
Interest expense
2,840	3,593	4,864	6,690	7,709	7,764	7,021	5,726	4,412	3,644	3,053	2,300	1,838	1,697	1,600	1,594	1,450	1,310	1,093	965	878	757	758	757	696	682	650	610	610	657	678	717	753	725	721	686	0	0	0
Income before income tax provision
103,909	99,446	97,141	89,523	102,411	110,380	107,059	88,215	64,984	64,886	77,387	91,591	85,176	89,241	102,099	107,404	124,201	131,955	128,121	132,637	131,732	121,866	99,194	79,594	65,548	49,522	36,919	26,596	23,344	27,454	33,556	45,351	50,727	56,335	59,540	58,073	0	0	0
Income Tax Expense (Benefit)
14,184	15,584	17,984	14,884	23,177	26,877	43,217	38,443	29,068	28,891	18,889	24,434	26,097	29,466	31,996	35,323	40,206	40,950	39,078	40,082	40,022	36,638	31,873	25,437	19,514	13,022	8,840	5,317	4,981	9,054	11,296	15,498	15,653	17,642	18,052	17,860	0	0	0
Income (Loss) from Equity Method Investments
-200	500	-300	-2,700	-4,699	-5,016	-4,372	-3,607	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Income (Loss) Attributable to Parent
89,568	84,407	78,921	71,918	74,482	78,431	59,428	46,165	33,146	33,901	57,560	66,854	59,079	59,775	70,103	72,081	83,995	91,005	89,043	92,555	91,710	85,228	67,321	54,157	46,034	36,500	28,079	21,279	18,363	18,400	22,260	29,853	35,074	38,693	41,488	40,213	0	0	0
Earnings Per Share [Abstract]
Earnings Per Share, Basic
0.31	0.47	0.52	0.47	0.21	0.37	0.39	0.54	0.30	-0.02	0.12	0.26	0.32	0.48	0.32	0.10	0.33	0.70	0.37	0.36	0.49	0.68	0.46	0.37	0.38	0.31	0.18	0.19	0.17	0.12	0.02	0.13	0.17	0.21	0.21	0.27	0.28	0.30	0.19
Earnings Per Share, Diluted
0.29	0.46	0.51	0.45	0.21	0.36	0.37	0.51	0.28	-0.02	0.12	0.25	0.30	0.44	0.30	0.10	0.31	0.64	0.34	0.38	0.44	0.61	0.42	0.34	0.35	0.30	0.17	0.19	0.16	0.11	0.02	0.12	0.16	0.20	0.19	0.24	0.25	0.27	0.17
Weighted-average shares used in calculation of net income per common share:
Weighted Average Number of Shares Outstanding, Basic
51,526	50,181	50,274	50,132	49,988	49,844	49,704	49,523	49,425	49,335	49,097	48,798	48,445	48,124	48,165	48,453	48,047	47,651	47,517	47,308	46,824	46,131	45,473	44,993	43,992	42,915	42,496	42,261	42,147	41,893	41,667	41,523	41,126	40,555	40,356	39,492	38,269	37,543	37,224
Weighted Average Number of Shares Outstanding, Diluted
53,693	52,009	51,704	52,278	51,558	50,810	52,218	55,141	51,679	49,335	52,449	52,157	51,918	51,521	51,120	52,265	52,238	51,489	51,352	47,590	52,008	51,091	49,687	48,983	47,424	45,039	44,602	43,875	44,148	43,431	44,174	44,787	44,610	43,816	43,395	43,680	42,854	41,619	41,431