Ciena Corp.
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.80B | $2.60B | $2.44B | $2.30B | $2.10B | $1.83B | $1.74B | $1.22B |
| Optical Networking | $1.92B | $1.74B | $1.59B | $1.44B | $1.23B | $981.4M | $818.1M | $457.9M |
| Routing and Switching | $262.3M | $254.9M | $250.7M | $249.2M | $201.2M | $169.5M | $147.4M | $107.0M |
| Optical Transport | $0 | $0 | $87.8M | $147.2M | $247.9M | $328.7M | $439.1M | $395.6M |
| Platform Software and Services | $140.7M | $153.3M | $122.9M | $104.8M | $99.1M | $80.3M | $78.4M | $60.1M |
| Blue Planet Automation Software and Services | $36.3M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Global Services | $445.4M | $455.9M | $395.0M | $359.2M | $322.3M | $268.4M | $252.2M | $197.8M |
| Transport and Switching | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Aggregation | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Data | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cost of Revenue | $1.56B | $1.44B | $1.37B | $1.34B | $1.22B | $1.11B | $1.03B | $739.1M |
| Gross Profit | $1.25B | $1.16B | $1.08B | $948.4M | $865.2M | $724.2M | $709.1M | $497.5M |
| Gross Margin | 44.5% | 44.7% | 44.0% | 41.3% | 41.3% | 39.6% | 40.9% | 40.8% |
| Operating Expenses | ||||||||
| Research & Development | $475.3M | $451.8M | $414.2M | $401.2M | $383.4M | $364.2M | $379.9M | $327.6M |
| SG&A Expense | $142.6M | $132.8M | $123.4M | $126.8M | $122.4M | $114.0M | $126.2M | $102.7M |
| Operating Income | $214.7M | $156.2M | $100.4M | $45.7M | $-1.8M | $-79.8M | $-163.2M | $-321.8M |
| Operating Margin | 7.7% | 6.0% | 4.1% | 2.0% | -0.1% | -4.4% | -9.4% | -26.4% |
| Interest Expense | $55.9M | $56.7M | $51.2M | $47.1M | $44.0M | $39.7M | $37.9M | $18.6M |
| Pretax Income | $156.1M | $86.7M | $23.8M | $-26.7M | $-80.2M | $-134.7M | $-187.8M | $-331.6M |
| Income Tax Expense | $-1.11B | $14.1M | $12.1M | $14.0M | $5.2M | $9.3M | $7.7M | $1.9M |
| Net Income | $1.26B | $72.6M | $11.7M | $-40.6M | $-85.4M | $-144.0M | $-195.5M | $-333.5M |
| Net Margin | 45.0% | 2.8% | 0.5% | -1.8% | -4.1% | -7.9% | -11.3% | -27.4% |
| EPS (Basic) | $8.89 | $0.52 | $0.10 | $-0.38 | $-0.83 | $-1.45 | $-2.04 | $-3.58 |
| EPS (Diluted) | $7.53 | $0.51 | $0.10 | $-0.38 | $-0.83 | $-1.45 | $-2.04 | $-3.58 |
| Shares Outstanding (Basic) | 142.0M | 138.3M | 118.4M | 105.8M | 102.4M | 99.3M | 95.9M | 93.1M |
| Shares Outstanding (Diluted) | 169.9M | 150.7M | 120.1M | 105.8M | 102.4M | 99.3M | 95.9M | 93.1M |
| Dividends Per Share | — | — | — | — | — | — | — | — |