Zebra technologies corporation (ZBRA)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09Dec'08
Net sales:
Total Net sales

4,485

4,218

3,722

3,574

3,650

1,671

1,038

996

983

894

738

976

Cost of sales:
Total Cost of sales

2,385

2,237

2,012

1,932

2,006

893

535

504

496

473

420

497

Gross profit

2,100

1,981

1,710

1,642

1,644

778

503

491

486

420

317

479

Operating expenses:
Selling and marketing

503

483

448

444

494

213

138

129

127

112

92

126

Research and development

447

444

389

376

394

151

91

87

89

82

66

95

General and administrative

323

328

301

307

283

138

96

92

81

73

75

81

Amortization of intangible assets

103

97

184

229

251

54

7

4

3

3

2

18

Acquisition and integration costs

22

8

50

125

145

127

5

3

0

0

-

-

Impairment of goodwill and other intangibles

-

-

-

62

0

0

-

9

0

0

-

-

Litigation settlement

-

-

-

-

-

-

-

-

-

-1

0

-5

Exit and restructuring costs

10

11

16

19

40

6

6

0

2

2

9

20

Asset impairment charges

-

-

-

-

-

-

-

-

-

-

-

157

Total Operating expenses

1,408

1,371

1,388

1,562

1,607

689

343

327

304

272

247

494

Operating income

692

610

322

80

37

89

160

164

182

148

70

-15

Other expenses:
Investment income

-

-

-

-

-

-

-

2

1

2

2

1

Foreign exchange loss

-6

-5

-1

-5

-23

-9

-1

-0

-2

-0

-0

3

Interest expense, net

89

91

227

193

193

62

0

0

-

-

-

-

Forward interest rate swaps (loss) gain

-

-

-

-

-

-

-

0

-

-

-

-

Other, net

1

10

-6

-11

-1

-1

5

-1

-2

-1

-0

-1

Total Other expenses, net

-94

-86

-234

-209

-217

-72

4

-0

-2

1

2

3

(Loss) income before income taxes

-

-

-

-

-

17

164

164

179

149

72

-11

Income before income tax

598

524

88

-129

-180

-

-

-

-

-

-

-

Income tax expense

54

103

71

8

-22

-15

30

42

49

44

23

26

Net (loss) income

-

-

-

-

-

-

134

121

130

104

48

-

Income from discontinued operations, net of tax

-

-

-

-

-

-

-

1

44

-2

-1

-

Net income

544

421

17

-137

-158

-

-

122

174

101

47

-38

Basic earnings per share
Income from discontinued operations

-

-

-

-

-

-

-

0.02

0.82

-0.05

-0.02

-

Basic earnings per share (USD per share)

10.08

7.86

0.33

-2.65

-3.10

0.64

2.65

2.38

3.24

1.78

0.79

-0.60

Basic (loss) earnings per share (in USD per share)

-

-

-

-

-

-

2.65

2.36

2.42

1.83

0.81

-

Diluted earnings per share
Income (loss) from continuing operations

-

-

-

-

-

-

-

2.35

2.40

1.82

0.81

-

Income from discontinued operations

-

-

-

-

-

-

-

0.02

0.82

-0.05

-0.02

-

Diluted earnings per share (USD per share)

9.97

7.76

0.32

-2.65

-3.10

0.63

2.63

2.37

3.22

1.77

0.79

-0.60

Basic weighted average shares outstanding (in shares)

-

-

-

-

50

50

50

51

53

57

59

64

Diluted weighted average and equivalent shares outstanding (in shares)

-

-

-

-

50

51

51

51

54

57

59

64

Tangible products
Total Net sales

3,907

3,685

3,223

3,056

3,131

1,499

984

948

936

849

696

871

Total Cost of sales

2,006

1,871

1,677

1,593

1,629

792

508

479

469

450

398

452

Services and software
Total Net sales

578

533

499

518

519

172

54

47

47

44

42

105

Total Cost of sales

379

366

335

339

377

101

27

24

26

22

22

45