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CASCADE MICROTECH INC (CSCD)

Income Statement Business | Customer

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-15Dec-31-14Dec-31-13Dec-31-12Dec-31-11Dec-31-10Dec-31-09Dec-31-08
   10-K10-K10-K10-K10-K10-K10-K10-K
Revenues:  
    Asia Pacific  63.663.750.751.349.942.4  
    U.S.  51.039.937.733.427.322.8  
    Europe  28.530.128.325.724.624.8  
    Other  0.92.43.32.52.82.7  
Total revenues  144.0136.0120.0113.0104.692.651.376.6
            Revenue growth   [+]5.8%13.3%6.2%8.0%13.0%80.5%-33.0%-14.9%
Cost of goods sold  63.965.765.363.063.257.231.344.5
Gross profit  80.170.354.750.041.435.420.032.1
            Gross margin  55.6%51.7%45.6%44.2%39.6%38.3%39.0%41.9%
Selling, general and administrative  45.243.236.431.433.831.720.629.3
Research and development  17.013.811.011.011.811.87.710.5
Other operating expenses  -0.3-1.2-0.2 -3.4-2.7 2.5
EBITDA   [+]23.720.912.712.23.8-1.1-4.3-4.3
            EBITDA margin  16.5%15.3%10.6%10.8%3.6%-1.1%-8.4%-5.6%
Depreciation  3.13.33.73.53.73.64.03.4
EBITA  20.617.59.18.60.0-4.6-8.3-7.7
            EBITA margin  14.3%12.9%7.6%7.6%0.0%-5.0%-16.2%-10.1%
Amortization of intangibles  2.53.01.51.10.80.8 2.5
EBIT   [+]18.214.57.67.6-0.8-5.4-8.3-10.2
            EBIT margin  12.6%10.7%6.3%6.7%-0.7%-5.9%-16.2%-13.3%
Non-recurring items   [+]0.31.20.2 3.42.7 27.7
Interest income  0.00.00.00.10.10.10.30.9
Other income (expense), net  0.0-0.6-0.3-0.80.5-0.10.10.2
Pre-tax income  17.912.77.16.8-3.6-8.1-7.9-36.8
Income taxes  5.52.7-6.30.70.20.0-2.0-2.2
            Tax rate  31.0%21.6% 10.4%  25.9%6.1%
Earnings from continuing ops  12.49.913.46.1-3.8-8.1-4.1-34.6
Earnings from discontinued ops      -2.0-2.2-1.8 
Net income  12.49.913.46.1-5.8-10.3-5.9-34.6
            Net margin  8.6%7.3%11.2%5.4%-5.5%-11.2%-11.4%-45.2%
   
Basic EPS   [+]$0.75$0.61$0.91$0.43($0.26)($0.57)($0.40)($2.65)
Diluted EPS   [+]$0.73$0.59$0.89$0.42($0.26)($0.57)($0.40)($2.65)
   
Shares outstanding (basic)   [+]16.416.314.814.214.614.310.313.0
Shares outstanding (diluted)   [+]17.016.815.214.414.614.310.313.0
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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