Viavi Solutions Inc. VIAV Income Statement

Viavi solutions inc. (VIAV)

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	Jul'17	Mar'17	Dec'16	Sep'16	Jul'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	Jun'10	Mar'10	Dec'09	Sep'09
Total net revenue
1,159,400	1,168,400	1,161,600	1,130,300	1,101,300	1,054,800	953,300	875,700	813,100	790,400	791,500	811,400	837,400	861,800	887,400	906,300	902,000	894,000	888,300	873,900	1,102,700	1,308,300	1,529,500	1,743,200	1,715,900	1,703,200	1,685,000	1,676,900	1,689,600	1,687,600	1,667,500	1,662,400	1,693,700	1,738,900	1,797,700	1,781,900	1,707,500	1,591,300	1,466,100	1,363,900	0	0	0
Cost of revenues:
Cost of revenue
479,200	481,500	486,200	478,900	486,400	470,100	427,200	387,300	339,100	322,700	318,500	326,000	334,500	344,600	353,100	356,600	357,300	353,600	356,600	353,800	493,300	630,200	769,700	915,700	916,500	927,200	920,200	919,000	927,600	916,000	909,600	898,300	908,800	923,000	945,200	939,300	908,700	861,200	811,800	766,200	0	0	0
Cost, Depreciation, Amortization and Depletion
33,400	33,300	33,400	34,400	38,100	36,400	32,000	26,700	17,600	15,000	14,600	14,300	15,400	15,900	16,800	17,300	18,600	23,500	28,100	31,900	37,200	39,200	39,900	43,200	46,900	52,900	57,600	63,300	63,500	60,600	61,400	58,600	58,200	58,400	57,100	56,900	56,000	54,000	52,400	50,600	0	0	0
Gross Profit
680,200	686,900	675,400	651,400	614,900	584,700	526,100	488,400	474,600	468,300	473,600	486,000	502,900	517,200	534,300	549,700	544,700	540,400	531,700	520,100	598,500	656,200	728,000	784,300	752,500	723,100	707,200	694,600	698,500	711,000	696,500	705,500	726,700	757,500	795,400	785,700	742,800	676,100	601,900	547,100	0	0	0
Operating expenses:
Research and development
198,400	200,300	195,900	187,000	179,400	162,800	146,800	133,300	121,300	123,300	129,300	136,300	146,500	152,400	158,200	166,400	171,400	173,500	176,000	173,300	207,900	239,900	268,000	296,000	283,600	275,300	266,500	258,500	254,700	250,900	246,300	244,000	242,500	240,700	241,400	238,000	227,100	209,100	191,000	174,900	0	0	0
Selling, general and administrative
346,900	350,100	352,300	343,500	348,600	347,800	336,000	323,900	306,600	296,800	297,000	300,100	318,300	322,700	331,600	351,100	352,400	367,300	377,600	376,300	406,100	424,000	436,900	450,400	441,400	435,300	431,700	429,300	424,300	421,500	421,400	427,000	428,700	433,900	437,100	433,000	428,100	410,700	396,900	382,900	0	0	0
Amortization of Intangible Assets
35,100	35,400	37,000	38,100	39,400	34,700	27,700	21,000	14,600	13,600	13,600	14,000	13,900	14,000	14,300	14,600	15,900	17,100	18,300	19,500	19,800	20,200	18,100	15,800	14,600	12,500	11,900	12,700	14,300	16,900	20,100	21,700	22,100	22,800	23,900	25,900	28,000	27,900	27,900	27,800	0	0	0
Restructuring Charges
-2,800	-300	900	15,400	20,000	19,400	21,600	8,300	5,700	23,800	23,100	21,600	29,000	10,500	10,100	10,500	10,500	18,400	26,100	26,800	38,000	33,800	25,700	25,400	18,300	15,100	17,100	19,000	11,000	12,600	13,600	12,400	11,900	17,500	16,000	14,800	13,800	7,400	12,900	17,700	0	0	0
Loss (gain) on disposal and impairment of long-lived assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-2,000	0	0	0
Total operating expenses
577,600	585,500	586,100	584,000	587,400	564,700	532,100	486,500	448,200	457,500	463,000	472,000	599,100	591,000	605,600	634,000	550,200	576,300	598,000	595,900	671,800	717,900	748,700	786,000	756,300	736,600	725,600	719,500	704,300	701,900	701,400	705,100	706,500	716,400	719,900	713,200	693,700	652,100	626,200	601,300	0	0	0
Operating Income (Loss)
102,600	101,400	89,300	67,400	27,500	20,000	-6,000	1,900	19,400	3,800	3,600	7,000	-96,200	-73,800	-71,300	-84,300	-5,500	-35,900	-66,300	-75,800	-73,300	-61,700	-20,700	-1,700	-3,800	-13,500	-18,400	-24,900	-5,800	9,100	-4,900	400	20,200	41,100	75,500	72,500	49,100	24,000	-24,300	-54,200	0	0	0
Interest income and other income, net
11,900	7,500	7,700	6,700	7,300	9,900	11,300	9,800	9,600	11,100	12,000	13,100	11,200	7,000	4,900	2,500	3,900	3,400	2,000	3,700	1,300	1,600	1,700	500	0	-1,500	-4,300	-4,100	6,900	8,000	11,400	12,800	2,600	2,400	2,900	2,200	1,600	5,900	6,700	9,600	0	0	0
(Loss) gain on sale of investments
-	-	-	-	-	-	-	-100	16,400	67,700	121,600	203,100	218,400	207,000	153,100	71,600	39,900	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	16,600	16,300	16,100	13,100	0	0	0
Interest expense
33,200	32,800	32,500	34,300	37,900	41,300	44,900	47,300	49,500	48,800	46,500	43,200	38,300	36,700	36,100	35,700	35,300	34,400	33,900	33,300	33,100	32,600	32,700	29,700	23,800	20,300	17,000	17,900	22,600	25,300	26,800	27,300	26,600	25,900	25,700	25,400	25,100	24,800	24,700	24,300	0	0	0
Income before taxes
0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Impairment of investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-
Income (loss) from continuing operations before income taxes
-	-	-	-	-	-	-	-35,700	-4,100	33,800	90,700	180,000	95,100	103,500	50,600	-45,900	2,900	-66,800	-98,100	-105,300	-105,000	-92,700	-51,700	-30,900	-27,600	-35,300	-39,700	-46,900	-21,500	-8,200	-20,300	-14,100	-3,800	17,700	52,900	52,700	42,000	20,600	-27,600	-57,200	0	0	0
Provision for income taxes
66,300	33,100	34,100	31,500	30,800	28,300	16,600	12,900	9,900	11,100	17,700	21,400	6,400	12,000	7,300	4,500	20,900	15,800	23,200	26,100	19,700	-2,300	-7,800	-13,100	-126,700	-107,900	-106,800	-103,900	11,600	13,100	12,000	12,000	12,500	-22,700	-20,500	-26,000	-27,200	3,200	-300	2,500	0	0	0
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent
0	0	-	-	0	0	-	-	0	0	-	0	-	-	-	-50,400	-18,000	-82,600	-121,300	-131,400	0	0	0	-	-	-	-	57,000	-33,100	-21,300	-32,300	-26,100	-16,300	40,400	73,400	78,700	69,200	17,400	-27,300	-59,700	0	0	0
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent
0	0	-	-	0	0	-	-	0	0	-	0	-	-	-	-48,800	-53,400	-35,800	-26,200	43,300	0	0	0	-	-	-	-	0	-24,600	-25,800	-29,100	-29,500	-7,800	-8,500	-7,700	-7,100	-5,400	-4,100	-2,500	-2,100	0	0	0
Net Income (Loss) Attributable to Parent
14,500	42,500	27,500	5,400	-36,300	-42,200	-56,300	-48,600	-5,700	31,000	81,300	166,900	85,300	93,100	47,900	-99,200	-71,400	-118,400	-147,500	-88,100	-73,400	-61,700	-27,800	-17,800	100,100	73,600	68,900	57,000	-57,700	-47,100	-61,400	-55,600	-24,100	31,900	65,700	71,600	63,800	13,300	-29,800	-61,800	0	0	0
Earnings Per Share, Basic [Abstract]
Continuing operations (in dollars per share)
-0.14	0.12	-	-	-0.02	0.07	-	-	-	0.00	-	0.05	-	-	-	-0.29	0.13	0.01	-0.07	-	-0.16	-	-	-	-	-	-	0.39	-0.12	0.02	-0.04	0.01	-0.07	-0.03	-0.02	0.05	0.18	0.12	0.01	-	-	-	-
Discontinued operations (in dollars per share)
0.00	0.00	-	-	0.00	-0.01	-	-	-	0.00	-	0.01	-	-	-	-0.01	0.02	0.01	-0.22	-	0.10	-	-	-	-	-	-	-	0.00	0.01	-0.01	-0.11	-0.01	-0.01	-0.01	-0.01	-0.01	-0.01	-0.01	-	-	-	-
Net income (loss) per share - basic (in dollars per share)
-0.14	0.12	0.03	0.05	-0.02	0.06	-0.07	-	-	0.00	-0.03	0.06	0.11	0.21	0.34	-0.30	0.15	0.02	-0.29	-	-0.06	-	-	-0.11	-0.01	0.04	0.00	0.39	-0.12	0.02	-0.05	-0.10	-0.08	-0.04	-0.03	0.04	0.17	0.11	-	0.01	-0.05	-0.09	-0.15
Earnings Per Share, Diluted [Abstract]
Continuing operations (in dollars per share)
-0.14	0.12	-	-	-0.02	0.07	-	-	-	0.00	-	0.05	-	-	-	-0.28	0.12	0.01	-0.07	-	-0.16	-	-	-	-	-	-	0.38	-0.12	0.02	-0.04	0.01	-0.07	-0.03	-0.02	0.05	0.17	0.11	0.01	-	-	-	-
Discontinued operations (in dollars per share)
0.00	0.00	-	-	0.00	-0.01	-	-	-	0.00	-	0.01	-	-	-	-0.01	0.02	0.01	-0.22	-	0.10	-	-	-	-	-	-	-	0.00	0.01	-0.01	-0.11	-0.01	-0.01	-0.01	-0.01	-0.01	-0.01	-0.01	-	-	-	-
Net income (loss) per share - diluted (in dollars per share)
-0.14	0.12	0.03	0.05	-0.02	0.06	-0.07	-	-	0.00	-0.03	0.06	0.11	0.21	0.33	-0.29	0.14	0.02	-0.29	-	-0.06	-	-	-0.11	-0.01	0.04	0.00	0.38	-0.12	0.02	-0.05	-0.10	-0.08	-0.04	-0.03	0.04	0.16	0.10	-	0.01	-0.05	-0.09	-0.15
Net loss per share from - basic and diluted:
Continuing operations (in dollars per share)
-	-	-	-	-	-	-	-	-0.05	-	-	-	-	-	-	-	-	-	-	-	-	-0.16	-0.11	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Discontinued operations (in dollars per share)
-	-	-	-	-	-	-	-	0.00	-	-	-	-	-	-	-	-	-	-	-	-	0.05	0.07	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net loss per share - basic and diluted (in dollars per share)
-	-	-	-	-	-	-	-	-0.05	-	-	-	-	-	-	-	-	-	-	-	-	-0.11	-0.04	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Weighted Average Number of Shares Outstanding Reconciliation [Abstract]
Basic (in shares)
230,000	230,000	229,400	228,600	228,300	228,300	227,200	-	-	227,400	228,100	227,300	229,400	230,500	232,400	233,100	232,000	234,900	236,000	-	233,200	232,100	-	234,300	234,000	233,000	235,300	236,900	235,900	234,400	232,800	231,700	230,600	229,400	228,400	227,200	225,600	222,900	221,800	220,400	219,400	218,300	217,500
Weighted Average Number of Shares Outstanding, Diluted
230,000	238,300	236,400	238,900	228,300	230,400	227,200	-	-	227,400	228,100	232,500	234,600	234,200	236,800	228,300	234,600	237,100	236,000	-	233,200	232,100	-	234,300	234,000	235,800	239,600	241,100	235,900	237,100	232,800	231,700	230,600	229,400	228,400	235,700	235,400	229,100	227,500	227,600	219,400	218,300	217,500
Basic and diluted (in shares)
-	-	-	-	-	-	-	-	226,300	-	-	-	-	-	-	-	-	-	-	-	-	-	230,800	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Product [Member]
Total net revenue
1,028,700	1,037,000	1,027,900	1,004,200	978,900	940,000	0	772,500	697,100	679,900	682,800	706,000	750,200	772,700	796,900	808,800	804,200	792,300	779,900	771,200	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cost of revenue
396,500	398,900	401,200	394,800	396,700	382,400	0	310,600	272,400	258,400	253,600	259,600	265,100	272,300	278,800	278,100	278,400	269,900	266,200	259,100	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Service [Member]
Total net revenue
130,700	131,400	133,700	126,100	122,400	114,800	0	103,200	109,600	104,100	102,300	99,000	87,200	89,100	90,500	97,500	97,800	101,700	108,400	102,700	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cost of revenue
49,300	49,300	51,600	49,700	51,600	51,300	0	50,000	49,100	49,300	50,300	52,100	54,000	56,400	57,500	61,200	60,300	60,200	62,300	62,800	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-