Xcerra corp (XCRA)
Income statement / Quarterly
Apr'18Jan'18Oct'17Jul'17Apr'17Jan'17Oct'16Jul'16Apr'16Jan'16Oct'15Jul'15Apr'15Jan'15Oct'14Jul'14Apr'14Jan'14Oct'13Jul'13Apr'13Jan'13Oct'12Jul'12Apr'12Jan'12Oct'11Jul'11Apr'11Jan'11Oct'10
Net product sales

110,449

104,913

114,577

121,828

97,658

74,566

74,702

85,926

76,088

66,185

71,873

94,884

89,172

77,169

108,122

90,331

97,122

60,063

24,281

29,476

28,092

26,103

34,326

34,595

21,753

15,025

23,984

52,490

48,435

41,665

65,241

Net service sales

5,268

5,363

5,709

5,099

5,977

5,558

5,383

5,308

6,149

6,149

6,528

7,188

7,060

6,284

8,099

8,228

8,302

8,293

8,486

8,045

8,165

8,913

8,862

8,868

9,084

9,057

9,768

10,179

10,230

10,884

10,406

Net sales

115,717

110,276

120,286

126,927

103,635

80,124

80,085

91,234

82,237

72,334

78,401

102,072

96,232

83,453

116,221

98,559

105,424

68,356

32,767

37,521

36,257

35,016

43,188

43,463

30,837

24,082

33,752

62,669

58,665

52,549

75,647

Cost of sales

63,073

59,726

60,871

69,289

57,310

45,338

45,725

49,049

46,333

42,629

46,269

56,588

51,664

46,790

63,022

46,198

61,869

41,545

15,636

17,524

17,558

16,457

19,684

19,696

15,024

13,202

15,715

23,560

22,203

21,126

28,401

Gross profit

52,644

50,550

59,415

57,638

46,325

34,786

34,360

42,185

35,904

29,705

32,132

45,484

44,568

36,663

53,199

52,361

43,555

26,811

17,131

19,997

18,699

18,559

23,504

23,767

15,813

10,880

18,037

39,109

36,462

31,423

47,246

Engineering and product development expenses

17,117

16,592

17,139

15,799

15,581

15,013

15,296

15,594

15,438

14,834

15,063

16,206

16,261

15,625

16,065

14,475

17,579

15,801

12,878

13,312

13,407

13,203

12,392

12,361

12,223

12,364

12,916

13,509

13,314

12,895

12,979

Selling, general and administrative expenses

22,560

21,986

21,285

24,073

21,523

18,084

18,461

20,408

19,475

18,907

17,952

21,380

20,327

18,262

22,155

24,884

23,295

17,913

10,925

10,851

9,213

9,183

10,006

9,852

8,829

8,346

9,321

11,357

11,755

12,691

13,165

Amortization of purchased intangible assets

128

137

157

158

148

180

190

246

247

296

414

425

425

449

535

779

540

424

193

395

395

396

396

790

791

791

791

1,491

1,490

1,490

1,490

Restructuring

3

550

135

198

187

299

107

419

120

252

133

738

530

230

708

-

1,422

2,159

-

-180

356

69

231

178

739

141

46

-1

248

0

116

Income from operations

12,836

11,285

20,699

17,410

8,886

1,210

306

5,518

624

-4,584

-1,430

6,735

7,025

2,097

13,736

11,861

719

-9,486

-6,865

-4,381

-4,672

-4,292

479

586

-6,769

-10,762

-5,037

12,753

9,655

4,347

19,496

Other income (expense):
Interest expense

65

969

229

227

250

329

316

302

219

271

287

-645

287

438

915

787

800

561

62

66

60

57

50

-

-

-

-

-

-

-

-

Interest expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

47

42

40

-

112

63

81

Interest income

376

260

256

204

190

171

168

163

157

127

124

124

112

120

96

86

78

143

187

198

200

224

261

260

266

246

138

100

96

84

69

Bargain purchase gain

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

8,621

-

-

-

-

-

-

-

-

-

-

-

-

-

Other (expense) income, net

661

-1,414

-237

-676

3

1,281

468

317

-1,357

593

1,626

198

142

4,376

340

-628

-46

418

-20

-122

-177

115

-2

-

-

-

-

-

-

-

-

Other (expense) income, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

15

199

152

-609

13,687

190

204

Income before provision for income taxes

13,808

9,162

20,489

16,711

8,829

2,333

626

5,696

-795

-4,135

33

7,702

6,992

6,155

13,257

10,532

-49

-865

-6,760

-4,371

-4,709

-4,010

688

874

-6,535

-10,359

-4,787

12,191

23,326

4,558

19,688

Provision for income taxes

1,898

1,388

2,788

4,294

1,281

-239

608

-2,488

-1,763

1,680

911

-705

967

1,563

763

-263

151

739

140

285

35

-734

139

-482

93

-671

122

114

-295

-147

13

Net income

11,910

7,774

17,701

-

7,548

2,572

18

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income attributable to noncontrolling interest

156

-157

170

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income from continuing operations

-

-

-

-

-

-

-

8,184

968

-5,815

-878

8,407

6,025

4,592

12,494

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income (loss) from discontinued operations, net of tax

-

-

-

-

-

-

-

-1,049

2,189

8,363

-788

-910

-1,287

-663

-432

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income attributable to Xcerra

11,754

7,931

17,531

12,417

7,548

2,572

18

7,135

3,157

2,548

-1,666

7,497

4,738

3,929

12,062

9,537

-200

-1,604

-6,900

-4,656

-4,744

-3,276

549

1,356

-6,628

-9,688

-4,909

12,077

23,621

4,705

19,675

Net income from continuing operations

-

-

-

-

-

-

-

0.16

0.02

-0.11

-0.02

-

-

0.08

0.24

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income (loss) discontinued operations, net of tax

-

-

-

-

-

-

-

-0.03

0.04

0.16

-0.01

-

-

-0.01

-0.01

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Basic and diluted net income per share attributable to Xcerra:
Basic net income per share

0.21

0.14

0.32

0.23

0.14

0.05

0.00

0.13

0.06

0.05

-0.03

0.13

0.09

0.07

0.24

0.19

0.00

-0.03

-0.14

-

-

-

-

-

-

-

-0.10

0.24

0.48

0.10

0.40

Net income from continuing operations

-

-

-

-

-

-

-

0.16

0.02

-0.11

-0.02

-

-

0.08

0.24

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income (loss) discontinued operations, net of tax

-

-

-

-

-

-

-

-0.03

0.04

0.16

-0.01

-

-

-0.01

-0.01

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Diluted net income per share

0.21

0.14

0.32

0.22

0.14

0.05

0.00

0.13

0.06

0.05

-0.03

0.13

0.09

0.07

0.23

0.19

0.00

-0.03

-0.14

-

-

-

-

-

-

-

-0.10

0.24

0.47

0.09

0.39

Basic and diluted

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.10

-0.07

0.01

-

-0.14

-0.20

-

-

-

-

-

Weighted-average common and common equivalent shares used in computing net income per share:
Basic

54,909

54,836

54,604

54,264

54,259

54,120

53,865

53,528

53,506

53,608

54,490

54,594

54,548

54,362

51,128

48,380

48,356

48,220

47,900

-

-

-

48,303

-

-

-

49,487

49,556

49,491

49,384

49,161

Diluted

55,788

55,450

55,628

55,858

55,043

54,562

54,025

54,292

53,506

53,608

54,490

56,023

55,131

54,667

52,303

52,124

48,356

48,220

47,900

-

-

-

48,711

-

-

-

49,487

51,362

50,368

50,042

49,888

Basic and diluted

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

47,547

47,425

-

-

49,017

48,961

-

-

-

-

-

Comprehensive income:
Net income attributable to Xcerra

11,754

7,931

17,531

12,417

7,548

2,572

18

7,135

3,157

2,548

-1,666

7,497

4,738

3,929

12,062

9,537

-200

-1,604

-6,900

-4,656

-4,744

-3,276

549

1,356

-6,628

-9,688

-4,909

12,077

23,621

4,705

19,675

Unrealized gain (loss) on marketable securities

-107

-164

-43

20

3

-80

-48

34

68

-12

2

-27

5

14

-11

-35

7

-12

103

-380

18

71

-3

109

-13

110

-17

-

-

-

-

Change in pension liability

-

-

-

-

-

-

-

-

-

-

-

1

15

-94

-3

-

-

-11

-

-

-

-

-

-

-

-

-

-

-

-

-

Unrealized gain (loss) on currency translation

-912

6,129

951

5,561

797

-1,571

-1,013

-2,428

3,841

-2,784

-789

330

-2,177

-7,715

-3,620

-

446

364

-

-

-

-

-

-

-

-

-

-

-

-

-

Unrealized gain (loss) on marketable securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1

-17

14

Comprehensive income attributable to Xcerra

10,735

13,896

18,439

17,979

8,348

921

-1,043

4,687

7,066

-248

-2,453

7,799

2,551

-3,678

8,434

8,378

253

-1,241

-6,797

-5,036

-4,726

-3,205

546

1,465

-6,641

-9,578

-4,926

12,086

23,620

4,688

19,689