Tower semiconductor ltd (TSEM)
Income statement / Quarterly
Jun'18Jun'17Jun'16Jun'15Jun'14Jun'13Jun'12Jun'11
REVENUES

335,138

345,059

305,003

235,561

234,072

125,236

168,637

139,707

COST OF REVENUES

256,610

253,998

232,275

183,101

227,347

113,014

140,299

119,333

GROSS PROFIT

78,528

91,061

72,728

52,460

6,725

12,222

28,338

20,374

OPERATING COSTS AND EXPENSES:
Research and development

18,173

16,432

16,030

15,148

14,162

7,396

7,582

5,457

Marketing, general and administrative

16,115

17,238

16,520

15,806

16,527

10,942

9,695

10,948

Nishiwaki Fab restructuring and impairment cost (income), net

-

-

0

0

4,269

0

-

-

Amortization related to a lease agreement early termination

-

-

-

-

-

1,866

0

-

Acquisition related costs

-

-

-

-

0

0

5,789

1,493

TOTAL OPERATING COSTS AND EXPENSES

34,288

33,670

32,550

30,954

34,958

20,204

23,066

17,898

OPERATING PROFIT

44,240

57,391

40,178

21,506

-28,233

-7,982

5,272

2,476

INTEREST EXPENSE, NET

-

-

2,997

3,613

8,818

8,305

6,925

-

FINANCING EXPENSE, NET

-7,031

-3,123

-7,528

-7,271

-12,276

-8,213

-1,784

-10,499

GAIN FROM ACQUISITION, NET

-

-

10,158

0

15,249

0

-

19,467

OTHER INCOME, NET

1,578

142

4,362

-4

64

201

-1,019

-319

PROFIT BEFORE INCOME TAX

38,787

54,410

44,173

10,618

-34,014

-24,299

-4,456

11,125

INCOME TAX EXPENSE, NET

2,778

2,683

3,826

2,468

-11,566

-1,412

4,948

9,382

NET PROFIT

36,009

51,727

40,347

8,150

-22,448

-22,887

-

-

Net loss (income) attributable to non-controlling interest

-1,733

1,710

1,861

363

-6,702

0

-

-

NET PROFIT ATTRIBUTABLE TO THE COMPANY

37,742

50,017

38,486

7,787

-15,746

-22,887

-9,404

1,743

BASIC EARNINGS PER ORDINARY SHARE:
Earnings per share

0.38

0.52

0.45

0.10

-0.31

-0.59

-0.43

0.09

Weighted average number of ordinary shares outstanding

98,888

96,365

86,300

76,696

50,146

39,073

22,018

-

DILUTED EARNINGS PER ORDINARY SHARE:
Earnings per share

0.37

0.49

0.40

0.09

-

-

-

0.03

Net profit used for diluted earnings per share

37,742

52,217

40,556

7,787

-

-

-

-

Weighted average number of ordinary shares outstanding used for diluted earnings per share

101,066

105,648

100,163

87,558

-

-

-

-