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ULTRATECH INC (UTEK)

Income Statement Product | Geographic

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:  
    Products  181.4135.6136.2140.3215.7191.5124.680.5
    Services  11.913.114.016.417.819.715.615.1
    Licenses  0.70.40.40.51.31.10.40.2
Total revenues   [+]194.1149.2150.5157.3234.8212.3140.695.8
            Revenue growth   [+]30.1%-0.9%-4.3%-33.0%10.6%51.0%46.7%-27.3%
Cost of goods sold   [+]105.383.787.389.9103.0102.069.050.8
Gross profit  88.765.463.367.4131.8110.371.645.0
            Gross margin  45.7%43.9%42.0%42.8%56.1%52.0%51.0%47.0%
Selling, general and administrative  45.446.848.748.945.342.734.227.3
Research and development  35.232.933.633.630.123.619.918.8
EBITDA   [+]16.2-6.0-10.1-7.461.948.420.93.9
            EBITDA margin  8.4%-4.0%-6.7%-4.7%26.3%22.8%14.9%4.0%
Depreciation  6.47.47.26.15.04.33.34.4
EBITA  9.8-13.3-17.4-13.656.944.117.6-0.5
            EBITA margin  5.1%-8.9%-11.5%-8.6%24.2%20.8%12.5%-0.5%
Amortization of intangibles  1.71.71.71.50.50.10.10.6
EBIT   [+]8.1-15.0-19.1-15.156.444.017.5-1.1
            EBIT margin  4.2%-10.1%-12.7%-9.6%24.0%20.7%12.5%-1.2%
Interest expense  0.00.10.00.00.00.00.00.3
Other income (expense), net  0.60.40.20.20.60.20.43.4
Pre-tax income  8.7-14.7-18.9-14.957.044.218.02.1
Income taxes  -2.50.50.2-1.19.84.91.2-0.1
            Tax rate     7.7%17.2%11.2%6.5% 
Net income  11.2-15.1-19.1-13.847.239.216.82.1
            Net margin  5.8%-10.1%-12.7%-8.8%20.1%18.5%11.9%2.2%
   
Basic EPS   [+]$0.42($0.55)($0.67)($0.49)$1.76$1.51$0.69$0.09
Diluted EPS   [+]$0.41($0.55)($0.67)($0.49)$1.70$1.47$0.67$0.09
   
Shares outstanding (basic)   [+]27.027.428.428.126.925.924.523.7
Shares outstanding (diluted)   [+]27.327.428.428.127.726.825.023.9
   
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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