WOLFSPEED, INC.
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $771.5M | $1.62B | $1.63B | $1.65B | $1.39B | $1.16B | $987.6M | $867.3M |
| Cost of Revenue | $527.5M | $1.13B | $1.16B | $1.03B | $862.7M | $755.2M | $551.8M | $456.2M |
| Gross Profit | $244.0M | $487.1M | $473.9M | $617.8M | $523.3M | $409.5M | $435.8M | $411.1M |
| Gross Margin | 31.6% | 30.1% | 29.0% | 37.5% | 37.8% | 35.2% | 44.1% | 47.4% |
| Operating Expenses | ||||||||
| Research & Development | $113.8M | $168.8M | $182.8M | $181.4M | $155.9M | $143.4M | $115.0M | $81.4M |
| SG&A Expense | $145.7M | $283.1M | $290.7M | $268.5M | $236.6M | $197.1M | $139.3M | $115.6M |
| Operating Income | $-20.1M | $-10.5M | $-73.6M | $133.2M | $96.5M | $39.3M | $168.7M | $197.8M |
| Operating Margin | -2.6% | -0.6% | -4.5% | 8.1% | 7.0% | 3.4% | 17.1% | 22.8% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $-7.1M | $-23.5M | $-83.9M | $146.5M | $107.6M | $47.6M | $178.2M | $205.5M |
| Income Tax Expense | $81.0M | $-2.0M | $-19.2M | $23.0M | $20.6M | $3.2M | $31.7M | $53.2M |
| Net Income | $-98.1M | $-21.5M | $-64.7M | $123.5M | $86.9M | $44.4M | $146.5M | $152.3M |
| Net Margin | -12.7% | -1.3% | -4.0% | 7.5% | 6.3% | 3.8% | 14.8% | 17.6% |
| EPS (Basic) | $-1.00 | $-0.21 | $-0.57 | $1.02 | $0.75 | $0.39 | $1.35 | $1.49 |
| EPS (Diluted) | $-1.00 | $-0.21 | $-0.57 | $1.00 | $0.74 | $0.39 | $1.33 | $1.45 |
| Shares Outstanding (Basic) | 98.5M | 101.8M | 113.0M | 120.6M | 116.6M | 114.7M | 108.5M | 102.4M |
| Shares Outstanding (Diluted) | 98.5M | 101.8M | 113.0M | 122.9M | 118.0M | 115.2M | 110.0M | 104.7M |
| Dividends Per Share | — | — | — | — | — | — | — | — |