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MRV COMMUNICATIONS INC (MRVC)

Income Statement Business | Product | Geographic | Customer

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-16Dec-31-15Dec-31-14Dec-31-13Dec-31-12Dec-31-11Dec-31-10Dec-31-09
   10-K10-K10-K10-K10-K10-K10-K10-K
Revenues:  
    Networking      160.1172.6176.7 
Total revenues   [+]80.388.286.590.6151.7157.1163.5228.5
            Revenue growth   [+]-8.9%1.9%-4.4%-40.3%-3.4%-3.9%-28.5%-15.9%
Cost of goods sold   [+]41.242.643.943.596.595.495.7132.8
Gross profit  39.145.642.647.155.261.767.795.7
            Gross margin  48.7%51.7%49.2%52.0%36.4%39.3%41.4%41.9%
Selling, general and administrative  29.729.035.136.748.650.950.777.6
Research and development  20.520.420.819.415.314.515.522.7
EBITDA   [+]-9.2-1.8-11.3-7.4-6.8-1.110.36.0
            EBITDA margin  -11.5%-2.0%-13.0%-8.2%-4.5%-0.7%6.3%2.6%
Depreciation  1.51.92.01.62.02.68.710.6
EBITA  -10.7-3.6-13.2-9.0-8.8-3.71.6-4.6
            EBITA margin  -13.4%-4.1%-15.3%-9.9%-5.8%-2.4%1.0%-2.0%
Amortization of intangibles  0.30.20.1     
EBIT   [+]-11.0-3.8-13.3-9.0-8.8-3.71.6-4.6
            EBIT margin  -13.8%-4.3%-15.4%-9.9%-5.8%-2.4%1.0%-2.0%
Non-recurring items   [+]    1.1   
Interest expense   0.10.00.20.60.90.91.3
Other income (expense), net   [+]-0.30.00.7-0.22.30.0-0.424.6
Pre-tax income  -11.3-3.9-12.7-9.4-8.2-4.50.418.7
Income taxes  0.32.91.90.0-1.0-1.2-0.54.2
            Tax rate     0.4%12.4%26.2% 22.2%
Minority interest        2.1 
Earnings from continuing ops  -11.6-6.8-14.5-11.9-20.00.1-1.229.2
Earnings from discontinued ops     2.512.8-3.549.9-13.2
Net income  -11.6-7.2-12.2-9.4-7.2-3.448.716.0
            Net margin  -14.5%-8.1%-14.0%-10.3%-4.7%-2.1%29.8%7.0%
   
Basic EPS   [+]($1.69)($0.97)($1.98)($1.59)($2.56)$0.03($0.16)$0.19
Diluted EPS   [+]($1.69)($0.97)($1.98)($1.59)($2.56)$0.02($0.16)$0.18
   
Dividends per share   [+]    $7.42$19.04  
   
Shares outstanding (basic)   [+]6.97.07.37.57.83.97.9157.5
Shares outstanding (diluted)   [+]6.97.07.37.57.87.97.9157.7
   
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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