Viavi Solutions Inc.
Income Statement
| Line Item | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $875.7M | $805.0M | $906.3M | $873.9M | $926.9M | $1.68B | $1.66B | $1.78B |
| Cost of Revenue | $387.3M | $326.0M | $356.6M | $353.8M | $915.7M | $919.0M | $898.3M | $939.3M |
| Gross Profit | $488.4M | $479.0M | $549.7M | $520.1M | $527.8M | $694.6M | $705.5M | $785.7M |
| Gross Margin | 55.8% | 59.5% | 60.7% | 59.5% | 56.9% | 41.4% | 42.4% | 44.1% |
| Operating Expenses | ||||||||
| Research & Development | $133.3M | $136.3M | $166.4M | $173.3M | $161.8M | $258.5M | $244.0M | $238.0M |
| SG&A Expense | $323.9M | $300.1M | $351.1M | $376.3M | $384.8M | $429.3M | $427.0M | $434.5M |
| Operating Income | $1.9M | $7.0M | $-84.3M | $-75.8M | $-55.6M | $-24.9M | $400.0K | $72.5M |
| Operating Margin | 0.2% | 0.9% | -9.3% | -8.7% | -6.0% | -1.5% | 0.0% | 4.1% |
| Interest Expense | $47.3M | $43.2M | $35.7M | $33.3M | $29.4M | $17.9M | $27.3M | $25.4M |
| Pretax Income | $-35.7M | $180.0M | $-45.9M | $-105.3M | $-85.8M | $-46.9M | $-14.1M | $52.7M |
| Income Tax Expense | $12.9M | $21.4M | $4.5M | $26.1M | $-11.2M | $-103.9M | $12.0M | $-26.0M |
| Net Income | $-48.6M | $160.2M | $-99.2M | $-88.1M | $-17.8M | $57.0M | $-55.6M | $71.6M |
| Net Margin | -5.5% | 19.9% | -10.9% | -10.1% | -1.9% | 3.4% | -3.3% | 4.0% |
| EPS (Basic) | $-0.21 | $0.70 | $-0.42 | $-0.38 | $-0.08 | $0.24 | $-0.24 | $0.32 |
| EPS (Diluted) | $-0.21 | $0.68 | $-0.42 | $-0.38 | $-0.08 | $0.24 | $-0.24 | $0.31 |
| Shares Outstanding (Basic) | 227.1M | 229.9M | 234.0M | 232.7M | 234.2M | 235.0M | 230.0M | 224.4M |
| Shares Outstanding (Diluted) | 227.1M | 234.5M | 234.0M | 232.7M | 234.2M | 239.3M | 230.0M | 232.6M |
| Dividends Per Share | — | — | — | — | — | — | — | — |