VISHAY INTERTECHNOLOGY INC VSH Income Statement

Vishay intertechnology inc (VSH)

Income statement / Quarterly

Apr'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	Dec'10	Sep'10	Jun'10	Mar'10	Sep'09	Jun'09
Net revenues
612,841	609,577	628,329	685,240	745,159	775,892	780,972	761,030	716,795	673,462	677,941	643,164	604,801	564,716	591,955	590,051	570,606	555,928	560,654	590,470	593,436	610,764	638,211	641,929	602,378	616,170	602,890	597,665	554,254	530,570	572,781	588,199	538,547	551,391	637,649	709,838	695,151	688,612	694,365	701,655	640,460	525,304	460,258
Costs of products sold
465,601	474,216	478,250	510,639	534,000	556,202	544,676	533,792	511,495	496,086	487,794	469,327	443,052	428,232	438,054	443,923	433,297	430,372	430,510	448,988	448,398	467,240	479,819	477,836	457,095	471,721	459,670	454,808	417,520	421,779	439,227	440,580	401,838	425,735	470,172	497,648	480,488	477,111	475,987	491,062	473,447	420,937	381,484
Gross profit
147,240	135,361	150,079	174,601	211,159	219,690	236,296	227,238	205,300	177,376	190,147	173,837	161,749	136,484	153,901	146,128	137,309	125,556	130,144	141,482	145,038	143,524	158,392	164,093	145,283	144,449	143,220	142,857	136,734	108,791	133,554	147,619	136,709	125,656	167,477	212,190	214,663	211,501	218,378	210,593	167,013	104,367	78,774
Selling, general, and administrative expenses
99,832	94,299	91,796	95,112	103,424	100,023	98,198	103,945	101,238	95,291	91,487	88,351	92,702	79,551	93,916	92,253	90,286	85,509	88,995	91,652	96,070	98,396	93,837	97,156	96,307	94,601	90,067	92,745	91,129	87,277	89,095	86,889	86,364	92,091	90,271	92,796	92,465	90,918	87,475	109,266	101,888	89,667	83,752
Restructuring and severance costs
-	-	7,255	-	-	0	0	-	-	6,079	3,244	481	1,469	7,060	1,197	4,467	6,475	9,821	2,324	5,660	1,410	1,971	3,508	9,014	6,404	2,814	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	3,478	12,090
Impairment of Intangible Assets
-	-	-	-	-	0	-	-	-	-	-	-	-	-	1,559	-	-	-	57,600	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Impairment of goodwill
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5,380	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Curtailment and settlement losses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-15,588	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Executive compensation charges (credit)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1,778	-	-	0	0	-	-	1,873	3,889	-	-	0	0	-	-	-
Gain on Sale of Property
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-12,153	-	-	0	0	-	-	-	-	-	-	-
Executive employment agreement charge
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	57,824
Settlement agreement gain
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	28,195
Operating income
47,408	24,178	51,028	79,489	107,735	119,667	138,098	123,293	104,062	76,006	95,416	85,005	67,578	49,873	57,229	49,408	40,548	30,226	-24,155	44,170	47,558	43,157	45,459	57,923	42,572	47,034	53,153	51,890	45,605	21,514	44,459	72,883	50,345	33,565	75,333	115,505	122,198	120,583	130,903	101,327	65,125	11,222	-46,697
Other income (expense):
Interest expense
8,552	8,523	8,564	8,204	8,392	9,818	10,813	8,372	7,677	7,046	6,938	7,076	6,790	6,722	6,165	6,270	6,466	5,911	6,677	6,736	6,361	6,489	6,167	5,821	5,980	6,023	5,797	5,824	5,486	6,339	6,009	5,539	4,717	5,288	5,311	4,624	4,054	3,657	2,545	2,400	2,434	2,626	2,787
Loss on early extinguishment of debt
-2,920	-723	0	0	-1,307	-9,274	0	-17,309	0	-	0	0	-	0	0	986	3,611	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
The components of net periodic pension cost other than service cost for defined benefit postretirement plans.
-	-	3,348	3,367	-	2,782	3,367	3,450	3,519	3,470	3,088	2,969	2,890	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other
198	3,592	5,066	2,970	1,912	2,597	2,890	3,397	-847	587	798	749	-396	2,061	-380	2,256	779	116	3,240	1,160	3,460	1,443	-474	208	1,312	398	556	784	115	1,500	2,726	-2,094	1,308	2,537	1,790	-28	-507	-2,653	-4,716	5,956	44	327	-5,510
Loss related to Tianjin explosion
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5,350	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss on disposal of equity affiliate
-	-	-	-	-	0	-	-	-	948	0	0	-7,060	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total other income (expense)
-11,274	-12,898	-6,846	-8,601	-7,787	-19,277	-11,290	-25,734	-12,043	-8,981	-9,228	-9,296	-17,136	-91,193	-6,545	-3,028	-2,076	-5,795	-8,787	-5,576	-2,901	-5,046	-6,641	-5,613	-4,668	-5,625	-5,241	-5,040	-5,371	-4,839	-3,283	-7,633	-3,409	-2,751	-3,521	-4,652	-4,561	-6,310	-7,261	3,556	-2,390	-2,299	-8,297
Income before taxes
36,134	11,280	44,182	70,888	99,948	100,390	126,808	97,559	92,019	67,025	86,188	75,709	50,442	-41,320	50,684	46,380	38,472	24,431	-32,942	38,594	44,657	38,111	38,818	52,310	37,904	41,409	47,912	46,850	40,234	16,675	41,176	65,250	46,936	30,814	71,812	110,853	117,637	114,273	123,642	104,883	62,735	8,923	-54,994
Income tax expense
8,750	-2,869	13,917	26,153	24,307	-2,269	48,737	-5,703	29,474	244,526	21,605	19,300	13,493	7,284	14,088	13,151	10,320	162,057	-5,392	12,076	13,732	9,041	11,841	16,478	11,940	11,135	15,043	15,365	11,093	-4,462	18,687	19,420	12,861	-388	21,120	28,357	42,030	-33,264	33,490	27,918	17,096	6,414	3,715
Net earnings
27,384	14,149	30,265	44,735	75,641	102,659	78,071	103,262	62,545	-177,501	64,583	56,409	36,949	-48,604	36,596	33,229	28,152	-137,626	-27,550	26,518	30,925	29,070	26,977	35,832	25,964	30,274	32,869	31,485	29,141	21,137	22,489	45,830	34,075	31,202	50,692	82,496	75,607	147,537	90,152	76,965	45,639	2,509	-58,709
Less: net earnings attributable to noncontrolling interests
165	187	227	258	182	240	195	165	179	156	179	219	230	144	156	143	138	189	116	250	226	-136	6	190	154	253	150	176	210	162	209	159	263	250	205	401	320	309	353	306	219	186	156
Net earnings attributable to Vishay stockholders
27,219	13,962	30,038	44,477	75,459	102,419	77,876	103,097	62,366	-177,657	64,404	56,190	36,719	-48,748	36,440	33,086	28,014	-137,815	-27,666	26,268	30,699	29,206	26,971	35,642	25,810	30,021	32,719	31,309	28,931	20,975	22,280	45,671	33,812	30,952	50,487	82,095	75,287	147,228	89,799	76,659	45,420	2,323	-58,865
Basic earnings per share attributable to Vishay stockholders (in dollars per share)
0.19	0.09	0.21	0.31	0.52	0.71	0.54	0.71	0.43	-1.21	0.44	0.38	0.25	-0.33	0.25	0.22	0.19	-0.93	-0.19	0.18	0.21	0.21	0.18	0.24	0.17	0.20	0.23	0.22	0.20	0.14	0.16	0.30	0.22	0.20	0.32	0.51	0.46	0.83	0.48	0.41	0.24	0.01	-0.32
Diluted earnings per share attributable to Vishay stockholders (in dollars per share)
0.19	0.09	0.21	0.31	0.52	0.69	0.51	0.65	0.39	-1.15	0.41	0.36	0.24	-0.33	0.24	0.22	0.19	-0.91	-0.19	0.17	0.20	0.20	0.17	0.23	0.17	0.19	0.22	0.21	0.19	0.14	0.15	0.29	0.21	0.20	0.31	0.48	0.43	0.78	0.47	0.40	0.24	0.01	-0.32
Weighted average shares outstanding - basic (in shares)
144,792	144,629	144,628	144,621	144,554	144,388	144,383	144,382	144,327	144,149	145,728	146,381	146,274	146,208	146,924	147,643	147,833	147,701	147,701	147,700	147,698	147,575	147,569	147,567	147,557	147,507	145,044	143,710	143,591	143,534	143,273	152,462	157,199	157,240	157,149	160,801	165,186	174,516	186,648	186,667	186,641	186,636	186,586
Weighted average shares outstanding - diluted (in shares)
145,295	145,205	145,027	145,023	145,289	148,383	152,946	157,657	159,502	115,655	156,701	155,300	154,876	152,421	149,894	149,845	150,628	138,733	147,701	151,700	152,666	152,440	155,546	154,322	152,556	151,266	151,890	151,880	150,632	150,065	150,118	159,249	163,944	163,942	163,808	170,645	175,661	181,695	193,062	193,084	193,067	186,824	186,586
Cash dividends per share (in dollars per share)
0.09	0.09	0.09	0.09	0.08	0.08	0.08	0.08	0.06	0.06	0.06	0.06	0.06	0.06	0.06	0.06	0.06	0.06	0.06	0.06	0.06	0.06	0.06	0.06	0.06	0.00	0.00	0.00	0.00	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net earnings (loss)
27,219	13,962	30,038	44,477	75,459	102,419	77,876	103,097	62,366	-177,657	64,404	56,190	36,719	-	36,440	33,086	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,323	-58,865