VAREX IMAGING CORPORATION VREX Income Statement

Varex imaging corporation (VREX)

Income statement / TTM

Apr'20	Jan'20	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
Revenues, net
796,200	795,000	780,600	783,000	777,500	782,900	773,400	784,400	763,300	716,900	698,100	654,400	635,700	630,700	620,100	0	0	0
Cost of revenues
545,200	537,200	523,900	538,600	530,800	530,500	519,500	512,200	494,600	460,700	444,600	409,300	387,100	380,600	371,700	0	0	0
Gross margin
251,000	257,800	256,700	244,400	246,700	252,400	253,900	272,200	268,700	256,200	253,500	245,100	248,600	250,100	248,400	0	0	0
Operating expenses:
Research and development
83,100	81,000	78,100	79,300	78,900	82,100	83,000	84,100	81,300	73,700	67,300	59,300	55,600	54,300	53,500	0	0	0
Selling, general and administrative
137,100	132,100	128,100	125,400	125,400	126,000	123,400	123,900	115,000	103,800	102,500	95,300	89,600	90,700	85,800	0	0	0
Impairment of intangible assets
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-
Total operating expenses
224,200	217,900	211,000	208,500	208,100	211,100	209,400	208,000	196,300	177,500	169,800	154,600	145,200	145,000	139,300	0	0	0
Operating earnings
26,800	39,900	45,700	35,900	38,600	41,300	44,500	64,200	72,400	78,700	83,700	90,500	103,400	105,100	109,100	0	0	0
Interest income
0	-	-	200	0	-	200	100	200	200	200	200	200	300	300	0	0	0
Interest expense
20,500	21,400	21,100	20,900	21,200	21,300	21,700	23,000	21,800	17,200	12,300	6,500	2,700	2,200	1,900	0	0	0
Other income (expense), net
900	-2,400	-3,200	-3,600	-2,800	2,600	2,700	2,400	6,100	1,900	3,200	4,100	-1,300	-1,100	-2,500	0	0	0
Interest and other expense, net
-19,500	-23,700	-24,200	-24,300	-23,800	-18,600	-18,800	-20,500	-15,500	-15,100	-8,900	-2,200	-3,800	-3,000	-4,100	0	0	0
(Loss) earnings before taxes
7,300	16,200	21,500	11,600	14,800	22,700	25,700	43,700	56,900	63,600	74,800	88,300	99,600	102,100	105,000	0	0	0
Taxes on earnings
3,400	4,600	5,700	3,300	1,300	2,800	-2,600	1,000	7,400	11,400	22,800	29,200	33,400	36,100	36,000	0	0	0
Net (loss) earnings
3,900	11,600	15,800	8,300	13,500	19,900	28,300	42,700	49,500	52,200	52,000	59,100	66,200	66,000	69,000	0	0	0
Less: Net earnings attributable to noncontrolling interests
400	400	300	700	700	700	800	500	500	400	400	300	400	500	500	0	0	0
Net (loss) earnings attributable to Varex
3,500	11,200	15,500	7,600	12,800	19,200	27,500	42,200	49,000	51,800	51,600	58,800	65,800	65,500	68,500	0	0	0
Net (loss) earnings per common share attributable to Varex
Basic (in USD per share)
-0.05	-0.03	0.22	-0.04	0.15	0.08	0.01	0.10	0.32	0.30	0.39	0.28	0.40	0.30	-	0.47	0.39	-
Diluted (in USD per share)
-0.05	-0.03	0.21	-0.04	0.15	0.08	0.00	0.10	0.32	0.30	0.39	0.28	0.40	0.29	-	0.47	0.39	-
Weighted average common shares outstanding
Basic (in shares)
38,600	38,500	38,200	38,300	38,200	38,100	38,200	37,900	37,800	37,700	37,900	37,600	37,500	37,400	-	37,400	37,400	-
Diluted (in shares)
38,600	38,500	39,300	38,300	38,500	38,300	38,600	38,400	38,400	38,200	38,500	38,000	37,800	37,700	-	37,700	37,700	-