Wright medical group n.v. (WMGI)
Income statement / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jul'18Apr'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Sep'10Jun'10
Net sales

218,540

248,605

212,434

229,734

230,127

238,147

194,106

205,400

198,537

217,602

170,503

179,693

177,191

193,023

157,332

170,716

169,291

166,833

80,139

80,420

77,934

83,294

71,307

72,364

71,062

14,763

66,747

78,135

82,685

79,033

58,015

66,014

74,458

69,042

57,556

65,158

69,435

49,707

54,563

Cost of sales

38,915

49,545

44,441

48,338

46,317

49,149

44,307

45,558

41,139

47,278

38,421

38,122

37,126

50,583

46,149

49,009

46,666

49,810

23,052

21,635

19,125

19,097

16,703

20,006

17,417

-5,184

18,972

22,309

23,624

26,974

15,730

18,098

21,116

20,174

16,650

18,017

20,041

13,553

14,725

Gross profit

179,625

199,060

167,993

181,396

183,810

188,998

149,799

159,842

157,398

170,324

132,082

141,571

140,065

142,440

111,183

121,707

122,625

117,023

57,087

58,785

58,809

64,197

54,604

52,358

53,645

19,947

47,775

55,826

59,061

52,059

42,285

47,916

53,342

48,868

40,906

47,141

49,394

36,154

39,838

InventoryStepUpAmortizationExpense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

20

21

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating expenses:
Selling, general and administrative

154,589

156,468

152,780

152,112

153,306

160,664

139,223

140,826

137,248

133,149

131,421

130,818

129,834

140,489

129,840

136,483

134,746

173,576

85,997

82,605

82,199

81,991

66,926

72,055

68,648

80,385

46,797

51,467

52,136

46,290

38,524

41,795

43,838

41,553

37,937

41,234

40,724

-

-

Sales and marketing

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

29,474

29,721

General and administrative

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,449

4,668

Research and development

19,600

20,312

18,045

18,756

16,972

16,749

13,829

14,665

13,899

13,144

11,992

12,547

12,432

13,809

12,481

12,108

12,116

14,695

9,570

7,957

7,117

6,360

5,948

6,799

5,856

3,915

4,665

5,543

6,182

6,195

5,260

5,446

5,623

5,231

4,309

5,189

5,110

3,898

4,003

Amortization of intangible assets

8,124

8,164

8,308

7,862

7,587

7,699

5,881

6,009

7,141

6,822

7,178

6,999

7,397

7,434

7,466

7,484

6,457

9,013

2,562

2,565

2,614

2,786

2,379

2,675

2,187

-4,121

3,976

3,784

3,837

3,708

2,730

2,636

2,647

2,834

2,741

2,897

2,810

2,842

2,881

Restructuring Charges

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

54

28

Special charges

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-3,918

3,408

1,519

9,831

6,503

2,910

0

-

56

132

-

-

-

Total operating expenses

182,313

184,944

179,133

178,730

177,865

185,112

158,933

161,500

158,288

153,115

150,591

150,364

149,663

161,732

149,787

156,075

153,319

197,284

98,129

93,127

91,930

91,137

75,253

81,529

76,691

285,419

51,520

64,202

63,674

66,024

53,017

52,787

52,108

50,322

45,043

49,452

48,644

41,717

41,301

Operating (loss) income

-2,688

14,116

-11,140

2,666

5,945

3,886

-9,134

-1,658

-890

17,209

-18,509

-8,793

-9,598

-19,292

-38,604

-34,368

-30,694

-80,261

-41,042

-34,342

-33,121

-26,940

-20,649

-29,171

-23,046

-265,472

-3,745

-8,376

-4,613

-13,965

-10,732

-4,871

1,234

-1,454

-4,137

-2,311

750

-5,563

-1,463

Interest expense, net

-20,470

-20,711

-20,448

-19,995

-19,695

-

-

-

-

-

-18,978

-

-

-16,857

-

-

-

-

-11,185

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest expense, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

10,959

7,649

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other income (expense):
Interest income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

85

57

39

34

70

121

113

135

145

142

128

-

-

Interest expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,499

2,037

2,218

2,303

481

462

487

565

524

631

2,606

5,282

4,935

Foreign currency transaction loss

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-285

-705

-81

-278

-326

106

25

-182

228

226

-79

-3,728

-3,445

Loss on extinguishment of debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1,127

-

-

-

-

-

0

0

0

-29,475

-

-

Other (income) expense, net

13,707

2,477

-1,317

1,831

-12,895

-

-

-

-

-

-

-

-

-

-

-

-

-3,489

-10,236

8,153

-5,312

-

-

-

-

67,660

95

71

17

62

56

-3

1

321

993

35

-19

283

-153

Loss from continuing operations before income taxes

-9,451

-4,118

-32,905

-15,498

-26,645

-

-

-

-

-

-

-

-

-

-

-

-

-95,315

-62,463

-37,148

-46,082

-

-

-

-

-206,081

-5,349

-12,117

-6,856

-17,043

-11,413

-5,109

886

-1,289

-3,751

-2,539

-31,301

-14,290

-9,996

Provision for income taxes

2,138

2,628

3,295

3,434

3,611

-

-

-

-

-

-8,822

-

-

-6,493

-

-

-

-4,163

187

158

166

-

-

-

-

48,360

943

420

42

-12,240

268

-25

1,062

692

-2,114

330

-7,332

-1,531

-1,393

Net loss from continuing operations

-11,589

-6,746

-36,200

-18,932

-30,256

-22,947

-35,829

-90,621

-19,907

26,852

-34,122

-20,960

-36,707

-30,001

-52,709

-42,031

-40,193

-91,152

-62,650

-37,306

-46,248

-106,968

-49,647

-53,583

-30,298

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss from discontinued operations, net of tax

-3,300

-9,277

-7,589

1,120

-6,300

-10,821

-6,696

22,923

-5,607

2,281

-97,748

-20,202

-21,992

-14,875

-57,436

-187,329

-7,799

-14,625

-36,211

-7,009

-3,500

-4,262

-12,160

-2,643

-122

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net Income (Loss) Attributable to Parent

-14,906

-16,023

-43,789

-17,812

-36,601

-33,768

-42,525

-67,698

-25,514

29,133

-131,870

-41,162

-58,699

-44,876

-110,145

-229,360

-47,992

-105,777

-98,861

-44,315

-49,748

-111,230

-61,807

-56,226

-30,420

-

-

-

-

-

-

-

-

-

-

-

-

-12,759

-8,603

Earnings Per Share [Abstract]
Net loss from continuing operations per share - basic and diluted (in usd per share)

-0.09

-0.05

-0.29

-0.15

-0.24

-0.18

-0.32

-0.85

-0.19

-

-0.33

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net (loss) income from discontinued operations per share - basic and diluted (in usd per share)

-0.03

-0.07

-0.06

0.01

-0.05

-

-

-

-

-

-0.93

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Consolidated net loss

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-6,292

-12,537

-6,898

-4,803

-11,681

-5,084

-176

-1,981

-1,637

-2,869

-23,969

-12,759

-8,603

Net loss attributable to ordinary shareholders

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-12,759

-8,603

Net loss per share - basic and diluted (in usd per share)

-0.12

-0.13

-0.35

-0.14

-0.29

-0.27

-0.38

-0.64

-0.24

-

-1.26

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.13

-0.28

-0.17

-0.12

-0.29

-0.13

0.00

-0.01

-0.04

-0.07

-0.68

-0.43

-0.31

Weighted average shares outstanding:
Weighted-average number of ordinary shares outstanding - basic and diluted (in shares)

128,743

127,557

126,767

126,267

125,812

125,323

113,043

106,095

105,904

105,195

104,836

104,377

103,663

103,311

103,072

102,785

102,704

-

-

-

-

-

-

-

-

-

48

45

41

-118,454

39,708

39,580

39,327

-

39

39,040

-

-

-

Income (Loss) from Continuing Operations, Per Basic Share

-

-

-

-

-

-

-

-

-

0.26

-0.33

-0.20

-0.35

-

-0.51

-0.41

-0.39

-

-1.19

-0.71

-0.88

-2.05

-0.96

-1.05

-0.60

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income (Loss) from Continuing Operations, Per Diluted Share

-

-

-

-

-

-

-

-

-

0.25

-0.33

-0.20

-0.35

-

-

-

-

-

-1.19

-0.71

-0.88

-2.05

-0.96

-1.05

-0.60

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Basic (in dollars per share)

-

-

-

-

-

-

-

-

-

0.28

-1.26

-0.39

-0.57

-

-1.07

-2.23

-0.47

-

-1.87

-0.84

-0.95

-2.13

-1.20

-1.10

-0.61

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Earnings Per Share, Diluted

-

-

-

-

-

-

-

-

-

0.27

-1.26

-0.39

-0.57

-

-

-

-

-

-1.87

-0.84

-0.95

-2.13

-1.20

-1.10

-0.61

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Weighted Average Number of Shares Outstanding, Basic

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

52,750

52,631

52,437

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

35,456

29,569

27,411

Weighted Average Number of Shares Outstanding, Diluted

-

-

-

-

-

-

-

-

-

106,578

104,836

104,377

103,663

-

-

-

-

101,414

52,750

52,631

52,437

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

35,456

29,569

27,411