Zebra Technologies Corporation ZBRA Income Statement

Zebra technologies corporation (ZBRA)

Income statement / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jul'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 sales:
Total Net sales
4,471	4,485	4,430	4,392	4,307	4,218	4,107	3,950	3,834	3,722	3,638	3,607	3,590	3,574	3,583	3,595	3,606	3,650	3,490	2,878	2,276	1,671	1,164	1,123	1,089	1,038	1,006	995	989	996	990	991	990	983	970	946	919	894	861	818	0	0	0
Cost of sales:
Total Cost of sales
2,399	2,385	2,335	2,327	2,290	2,237	2,196	2,115	2,060	2,012	1,965	1,949	1,937	1,932	1,945	1,957	1,981	2,006	1,938	1,588	1,237	893	581	564	551	535	519	509	504	504	501	506	503	496	490	481	476	473	463	448	0	0	0
Gross profit
2,072	2,100	2,095	2,065	2,017	1,981	1,911	1,835	1,774	1,710	1,673	1,658	1,653	1,642	1,638	1,638	1,625	1,644	1,552	1,290	1,039	778	582	559	537	503	487	485	484	491	488	485	486	486	479	465	443	420	398	370	0	0	0
Operating expenses:
Selling and marketing
503	503	495	491	485	483	473	466	459	448	443	442	440	444	464	472	485	494	472	389	300	213	144	141	139	138	135	132	131	129	132	132	131	127	123	119	116	112	106	103	0	0	0
Research and development
441	447	450	453	454	444	421	404	394	389	383	383	379	376	383	387	392	395	375	300	224	151	95	92	92	91	90	89	88	87	87	88	88	89	88	87	85	82	82	81	0	0	0
General and administrative
321	323	333	330	333	328	326	322	297	301	296	299	308	307	305	298	291	283	262	220	176	138	103	100	98	96	92	92	93	92	90	86	82	81	80	79	76	73	77	77	0	0	0
Amortization of intangible assets
91	103	110	109	102	97	104	128	157	184	202	212	220	229	238	238	241	250	236	180	120	54	9	8	7	7	7	6	5	4	4	3	3	3	3	3	3	3	4	6	0	0	0
Acquisition and integration costs
19	22	20	14	10	8	8	6	25	50	77	101	116	125	149	158	155	145	160	158	147	127	64	29	10	5	2	2	3	3	2	1	0	0	0	0	0	-	-	-	-	-	-
Impairment of goodwill and other intangibles
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Litigation settlement
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1	0	0	0	-	-
Exit and restructuring costs
13	10	4	8	8	11	15	16	16	16	12	14	18	19	22	21	34	40	41	35	17	6	2	3	4	6	4	3	2	0	-0	0	0	2	2	1	2	2	5	9	0	0	0
Asset impairment charges
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Total Operating expenses
1,388	1,408	1,412	1,405	1,392	1,371	1,347	1,342	1,348	1,388	1,413	1,513	1,543	1,562	1,623	1,574	1,598	1,607	1,546	1,282	984	689	419	376	352	343	331	338	334	327	326	312	306	304	296	290	283	272	277	277	0	0	0
Operating income
684	692	683	660	625	610	564	493	426	322	260	145	110	80	15	64	27	37	6	8	55	89	162	182	185	160	155	147	150	164	162	172	179	182	182	174	159	148	120	93	0	0	0
Other expenses:
Investment income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2	2	2	2	2	2	1	1	1	2	2	2	2	2	0	0	0
Foreign exchange loss
-6	-6	-2	-5	-8	-5	-8	-6	0	-1	1	-1	-8	-5	-5	-9	7	-22	-30	-25	-36	-9	-0	-0	-0	-1	-0	-1	-0	-0	-1	-1	-2	-2	-1	-1	-0	-0	1	1	0	0	0
Interest expense, net
68	89	58	68	78	91	351	274	257	227	162	211	202	193	-97	-97	-98	-99	-87	-41	11	62	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Forward interest rate swaps (loss) gain
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other, net
2	1	10	10	9	10	-2	-3	0	-	0	0	-	-11	-9	-2	0	0	0	-	-	-1	1	3	4	5	0	0	-1	-1	-2	-2	-2	-2	-1	-0	-1	-1	-1	-1	0	0	0
Total Other expenses, net
-114	-94	-116	-109	-103	-86	-110	-189	-203	-234	-230	-185	-202	-209	-207	-204	-187	-216	-235	-187	-150	-72	-2	-0	3	4	2	1	0	-0	-1	-1	-2	-2	-1	-0	0	1	2	2	0	0	0
(Loss) income before income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	17	160	182	189	164	157	149	151	164	161	170	177	179	181	174	160	149	123	95	0	0	0
Income before income tax
570	598	567	551	522	524	454	304	223	88	30	-40	-92	-129	-193	-141	-161	-180	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income tax expense
52	54	77	70	95	103	144	133	105	71	0	1	11	8	-10	-12	0	-20	-46	-40	-60	-15	35	33	36	30	30	33	35	42	41	43	46	49	54	53	51	44	37	27	0	0	0
Net (loss) income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	32	122	138	0	-	0	0	-	0	0	0	-	130	127	120	109	104	0	0	0	-	-
Income from discontinued operations, net of tax
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	0	0	0	-	44	40	28	29	-2	0	0	0	-	-
Net income
518	544	490	481	427	421	310	171	118	17	30	-41	-103	-137	-181	-127	-159	-158	0	0	0	-	-	-	-	-	127	116	116	122	122	140	143	174	167	148	138	101	84	67	0	0	0
Basic earnings per share
Income from discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.00	0.00	-	0.00	0.01	0.01	-	0.04	0.20	0.00	0.57	-0.03	-0.02	0.01	-0.01	-	-
Basic earnings per share (USD per share)
1.66	3.14	2.52	2.28	2.14	2.14	2.37	1.31	2.04	0.07	-0.23	0.33	0.16	0.34	-1.61	-0.88	-0.50	-0.53	-0.57	-1.50	-0.50	-1.02	0.29	0.54	0.83	0.83	0.76	0.60	0.46	0.69	0.53	0.59	0.58	0.67	0.84	0.60	1.11	0.50	0.46	0.39	0.43	0.19	0.15
Basic (loss) earnings per share (in USD per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.76	0.60	-	0.69	0.52	0.58	-	0.63	0.64	0.60	0.54	0.53	0.48	0.38	0.44	-	-
Diluted earnings per share
Income (loss) from continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.76	0.60	-	0.68	0.51	0.58	-	0.63	0.64	0.60	0.54	0.53	0.48	0.38	0.44	-	-
Income from discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.00	0.00	-	0.00	0.01	0.01	-	0.04	0.20	0.00	0.56	-0.03	-0.02	0.01	-0.02	-	-
Diluted earnings per share (USD per share)
1.65	3.09	2.50	2.26	2.12	2.12	2.34	1.29	2.01	0.07	-0.23	0.32	0.16	0.34	-1.61	-0.88	-0.50	-0.53	-0.57	-1.50	-0.50	-1.02	0.29	0.54	0.82	0.81	0.76	0.60	0.46	0.68	0.52	0.59	0.58	0.67	0.84	0.60	1.10	0.50	0.46	0.39	0.42	0.19	0.15
Basic weighted average shares outstanding (in shares)
-	-	-	-	-	-	-	-	-	-	-	51	51	-	51	51	51	51	51	50	50	50	50	50	50	50	50	50	50	50	51	51	51	52	53	54	55	56	56	57	58	58	59
Diluted weighted average and equivalent shares outstanding (in shares)
-	-	-	-	-	-	-	-	-	-	-	53	52	-	51	51	51	51	51	50	50	50	51	51	50	50	50	51	51	51	51	52	52	52	53	54	55	56	56	57	58	59	59
Tangible products
Total Net sales
3,884	3,907	3,866	3,844	3,770	3,685	3,586	3,437	3,327	3,223	3,139	3,101	3,075	3,056	3,068	3,084	3,093	3,132	2,989	2,484	1,992	1,499	1,084	1,050	1,020	984	956	946	940	948	942	944	942	936	922	899	874	849	802	746	0	0	0
Total Cost of sales
2,021	2,006	1,959	1,957	1,919	1,871	1,838	1,763	1,721	1,677	1,636	1,618	1,597	1,593	1,597	1,598	1,618	1,629	1,579	1,318	1,048	792	546	532	520	508	492	483	477	479	476	480	478	469	463	455	452	450	436	418	0	0	0
Services and software
Total Net sales
587	578	564	548	537	533	521	513	507	499	499	506	515	518	515	511	513	518	501	394	284	172	80	72	68	54	50	49	48	47	47	47	47	47	47	47	45	44	58	72	0	0	0
Total Cost of sales
378	379	376	370	371	366	358	352	339	335	329	331	340	339	348	359	363	377	359	270	189	101	35	32	30	27	26	26	26	24	25	25	25	26	27	25	24	22	26	29	0	0	0