SLEEP NUMBER CORPORATION SNBR Income Statement

Sleep number corporation (SNBR)

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	Sep'10	Jun'10
Net sales
1,744,473	1,698,352	1,669,011	1,609,012	1,569,387	1,531,575	1,483,029	1,470,896	1,439,231	1,444,497	1,394,663	1,360,005	1,352,210	1,311,291	1,212,528	1,218,459	1,216,870	1,213,699	1,321,233	1,270,680	1,230,154	1,156,757	1,065,395	1,005,718	978,346	960,171	949,876	933,004	930,832	934,978	903,492	856,275	812,518	743,203	714,233	653,585	0	0	0
Cost of sales
652,652	646,429	642,123	627,997	616,670	603,614	585,343	570,262	550,866	547,150	520,638	507,102	504,665	501,131	479,107	483,745	482,878	472,948	506,739	491,238	478,854	449,907	412,510	384,997	368,624	358,416	348,695	337,514	335,169	338,432	327,915	315,665	300,975	272,858	262,877	241,526	0	0	0
Gross profit
1,091,821	1,051,923	1,026,888	981,015	952,717	927,961	897,686	900,634	888,365	897,347	874,025	852,903	847,545	810,160	733,421	734,714	733,992	740,751	814,494	779,442	751,300	706,850	652,885	620,721	609,722	601,755	601,181	595,490	595,663	596,546	575,577	540,610	511,543	470,345	451,356	412,059	0	0	0
Operating expenses:
Sales and marketing
787,839	766,922	744,698	720,023	702,290	687,380	673,274	659,616	653,008	650,357	640,932	624,156	614,443	595,845	569,923	568,798	560,640	550,475	566,439	547,403	527,488	512,007	482,276	462,720	454,365	439,156	428,539	411,950	401,833	398,205	378,921	361,139	343,416	317,502	302,976	282,021	0	0	0
General and administrative
134,705	137,956	131,897	126,184	121,967	119,378	121,983	125,243	125,234	127,269	118,705	114,338	112,537	109,674	105,460	104,999	101,861	99,209	101,632	96,837	94,222	84,864	79,367	71,400	65,509	62,433	62,929	64,810	65,656	66,765	65,117	62,512	59,412	58,106	57,360	55,963	0	0	0
Research and development
37,075	34,950	33,069	31,415	30,226	28,775	28,002	27,640	27,135	27,806	27,280	27,286	27,985	27,991	27,357	23,881	20,222	15,971	12,783	11,615	9,921	8,233	7,728	7,734	8,585	9,478	9,381	8,764	7,460	6,194	5,480	4,767	4,734	4,175	3,437	3,021	0	0	0
CEO transition (benefit) costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5,595	5,595	5,595	5,595	0	0	0	0	-	-
Asset impairment charges
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	121	20	35	109	320	313	0	0	0
Total operating expenses
959,619	939,828	909,664	877,622	854,483	835,533	823,259	812,499	805,377	805,432	786,917	765,780	754,965	733,510	702,740	697,678	682,723	665,655	680,854	655,855	631,631	605,104	569,371	541,854	528,459	511,067	500,734	485,517	474,945	476,759	455,234	434,033	413,192	379,892	364,093	341,318	0	0	0
Operating income
132,202	112,095	117,224	103,393	98,234	92,428	74,427	88,135	82,988	91,915	87,108	87,123	92,580	76,650	30,681	37,036	51,269	75,096	133,640	123,587	119,669	101,746	83,514	78,867	81,263	90,688	100,447	109,973	120,718	119,787	120,343	106,577	98,351	90,453	87,263	70,741	0	0	0
Interest expense, net
-11,322	-11,587	-10,804	-9,126	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other expense, net
-	-	-	-	-	-	-	-	-1,264	-	-804	-811	-758	-717	-611	-278	84	334	450	468	413	362	356	334	334	323	333	332	302	218	132	82	4	-33	-87	-54	0	0	0
Income before income taxes
120,880	100,508	106,163	93,627	90,243	86,521	70,404	85,700	81,724	91,038	86,304	86,312	91,822	75,933	30,070	36,758	51,353	75,430	134,090	124,055	120,082	102,108	83,870	79,201	81,597	91,011	100,780	110,305	121,020	120,005	120,475	106,659	98,355	90,420	87,176	70,575	0	0	0
Income tax expense
25,313	18,663	21,421	18,682	15,834	16,982	12,064	20,014	20,560	25,961	25,731	25,597	28,913	24,516	11,112	11,691	16,664	24,911	43,452	41,717	40,301	34,134	28,418	27,044	27,995	30,930	34,629	38,204	41,872	41,911	39,506	34,663	32,043	29,942	31,580	26,013	0	0	0
Net income
95,567	81,845	84,742	74,945	74,409	69,539	58,340	65,686	61,164	65,077	60,573	60,715	62,909	51,417	18,958	25,067	34,689	50,519	90,638	82,338	79,781	67,974	55,452	52,157	53,602	60,081	66,151	72,101	79,148	78,094	80,969	71,996	66,312	60,478	55,596	44,562	0	0	0
Basic net income per share:
Net income per share – basic (in dollars per share)
1.40	0.85	0.96	0.14	0.83	0.80	0.53	0.10	0.54	0.40	0.63	-0.02	0.57	0.25	0.56	0.03	0.27	-0.40	0.63	0.21	0.55	0.36	0.44	0.16	0.31	0.12	0.37	0.18	0.43	0.24	0.47	0.30	0.40	0.28	0.31	0.21	0.30	0.19	0.12
Weighted-average shares – basic
27,858	28,310	29,085	29,873	30,620	32,411	34,231	36,138	38,244	39,627	40,755	41,716	42,750	44,501	45,621	46,394	48,100	50,045	50,945	51,672	52,346	52,776	53,271	53,648	54,113	54,486	54,854	55,029	55,095	55,261	55,444	55,719	55,640	55,426	55,214	54,958	54,726	54,129	53,911
Diluted net income per share:
Net income per share – diluted (in dollars per share)
1.36	0.82	0.94	0.14	0.80	0.78	0.52	0.10	0.52	0.39	0.62	-0.02	0.56	0.24	0.56	0.03	0.27	-0.40	0.62	0.21	0.54	0.34	0.44	0.16	0.31	0.12	0.36	0.18	0.42	0.22	0.46	0.30	0.39	0.26	0.31	0.20	0.30	0.19	0.11
Weighted-average shares – diluted
28,772	29,355	29,796	30,531	31,738	33,430	35,039	36,844	39,347	41,397	41,515	41,716	43,712	45,369	46,350	47,044	48,845	50,833	51,701	52,544	53,326	53,633	53,971	54,324	54,844	55,226	55,748	55,987	56,251	56,484	56,986	57,394	57,440	56,849	56,495	56,407	55,977	55,243	55,253