TECH DATA CORPORATION TECD Income Statement

Tech data corporation (TECD)

Income statement / Quarterly

Jan'20	Oct'19	Jul'19	Apr'19	Jan'19	Oct'18	Jul'18	Apr'18	Jan'18	Oct'17	Jul'17	Apr'17	Jan'17	Oct'16	Jul'16	Apr'16	Jan'16	Oct'15	Jul'15	Apr'15	Jan'15	Oct'14	Jul'14	Apr'14	Jan'14	Oct'13	Jul'13	Apr'13	Jan'13	Oct'12	Jul'12	Apr'12	Jan'12	Oct'11	Jul'11	Apr'11	Jan'11	Oct'10	Jul'10	Apr'10	Oct'09	Jul'09
Net sales
10,380	9,118	9,092	8,406	10,464	9,340	8,886	8,548	10,033	8,448	8,092	7,023	5,386	6,490	6,353	5,963	7,483	6,428	6,580	5,887	7,339	6,761	6,841	6,728	7,973	6,373	6,327	6,147	7,442	6,037	5,968	5,910	6,874	6,404	6,214	6,154	6,361	6,163	5,473	5,621	5,642	5,183
Cost of products sold
9,714	8,558	8,530	7,897	9,815	8,783	8,359	8,025	9,416	7,922	7,576	6,566	5,015	6,174	6,037	5,664	7,128	6,113	6,255	5,595	6,967	6,426	6,490	6,392	7,575	6,047	6,011	5,825	7,071	5,731	5,665	5,586	6,508	6,066	5,878	5,816	5,987	5,839	5,186	5,328	5,346	4,914
Gross profit
666	560	561	509	649	556	527	523	616	526	515	457	371	315	316	298	354	314	325	291	372	334	351	335	398	326	315	322	370	306	302	323	366	337	336	337	373	324	287	292	295	269
Operating expenses:
Selling, general and administrative expenses
438	415	431	405	414	396	415	422	430	416	410	352	253	239	243	246	244	249	250	248	266	271	284	291	288	270	275	283	284	242	242	240	267	254	262	259	268	243	221	223	230	215
Business Combination, Acquisition Related Costs
9	4	5	6	21	20	13	33	34	29	30	42	13	13	1	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Legal settlements and other, net
0	0	0	0	0	7	5	2	0	0	28	12	0	0	3	0	35	3	21	38	0	5	0	0	-	22	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Value added tax assessments
-	-	-	-	-	-	-	-	-	-	-	-	-	0	1	-	-	0	-9	-	-	0	-6	-	-	0	0	-	29	-	-	-	-	-	-	-	-	-	-	-	-	-
Restatement and remediation related expenses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2	2	5	12	24	14	10	3	0	0	0	0	-	-	-	-	-	-	-	-	-	-
Disposal Group, Not Discontinued Operation, Gain (Loss) on Disposal
-	1	0	-	-	0	6	-	-	0	0	-	-	-	-	-	-	-	-	-	1	0	0	0	-	-	-	-	-	-	-	-	-28	0	0	0	-	-	-	-	-	-
Operating expenses, Total
448	418	436	411	483	409	416	452	464	446	412	382	267	252	243	246	209	246	219	209	270	268	283	303	300	262	285	286	313	242	242	240	295	254	262	259	-	-	-	-	-	-
Operating Income (Loss)
218	141	124	97	166	146	110	70	151	79	103	75	103	62	73	52	145	68	106	81	101	66	67	31	97	63	29	36	57	63	60	82	70	83	73	77	105	80	65	69	65	53
Interest expense
17	21	20	26	27	25	28	25	27	25	28	31	15	9	6	5	6	5	-3	5	5	6	7	6	7	6	6	7	19	4	3	3	6	8	8	8	8	7	7	6	6	7
Other expense (income), net
-5	-4	-2	0	-6	-4	-0	-1	-0	1	-0	0	1	-1	1	1	-3	-0	-0	-0	-1	0	-0	-0	1	0	-0	2	1	-1	-1	-0	-0	1	0	-1	4	-0	0	0	0	0
Income before income taxes
195	116	100	72	132	116	81	42	124	54	74	44	88	51	68	47	135	61	109	76	94	60	59	24	92	58	22	31	37	58	55	79	65	73	64	70	101	73	58	63	59	47
Income Tax Expense (Benefit)
46	25	21	16	15	2	5	8	123	17	27	13	10	15	21	14	39	19	33	24	14	18	20	10	-17	20	8	13	-7	14	16	23	15	19	17	18	25	21	17	17	16	12
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
149	90	79	55	116	114	75	33	1	37	47	30	78	36	46	33	96	41	76	51	80	41	39	13	-	37	14	-	44	44	38	56	49	53	46	51	75	51	40	45	43	35
Net income attributable to noncontrolling interest
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	1	3	1	-5	-3	-1	-0	5	-0	-0	0	-0	-0
Net income attributable to shareholders of Tech Data Corporation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	17	44	42	34	54	43	49	45	51	71	50	40	45	43	35
Earnings per share
Basic
4.14	2.54	2.17	1.50	3.11	2.98	1.97	0.88	0.03	0.98	1.24	0.82	2.23	1.04	1.32	0.95	2.73	1.19	2.09	1.39	2.12	1.09	1.03	0.35	2.88	0.99	0.39	0.47	1.18	1.14	0.89	1.32	1.07	1.18	1.01	1.10	1.50	1.08	0.82	0.89	0.85	0.70
Diluted
4.10	2.52	2.16	1.49	3.09	2.96	1.97	0.87	0.02	0.97	1.24	0.82	2.23	1.03	1.31	0.94	2.71	1.18	2.09	1.38	2.10	1.09	1.03	0.35	2.87	0.99	0.38	0.47	1.17	1.13	0.89	1.30	1.05	1.17	0.99	1.09	1.48	1.07	0.82	0.88	0.84	0.70
Weighted average common shares outstanding:
Basic
35	35	36	37	37	38	38	38	38	38	38	37	35	35	35	35	35	35	36	36	38	38	38	38	38	38	38	37	37	37	38	41	-	-	-	-	46	46	49	51	50	50
Diluted
35	35	36	37	37	38	38	38	38	38	38	37	35	35	35	35	35	35	36	37	38	38	38	38	38	38	38	38	38	38	39	41	-	-	-	-	47	47	49	52	51	50