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Avid Technology, Inc.$6.19$.203.34%

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Income Statement for Avid Technology, Inc.
(Amounts are in millions) 12/2019 12/2018 12/2017
Press Release Press Release Press Release
Net Sales or Revenues $411.79 $413.28 $419.00
Cost of Goods Sold $162.71 $174.12 $176.89
Gross Profit $249.08 $239.16 $242.12
       
Research & Development Expense $62.34 $62.38 $68.21
Selling, General, & Admin. Expense $153.94 $161.65 $167.21
Income Before Depreciation $32.80 $15.13 $6.70
       
Depreciation, Depletion, Amortization $0.69 $1.45 $1.45
Non-Operating Income ($2.87) $0.39 $1.30
Interest Expense $26.71 $23.47 $19.96
Pretax Income $2.53 ($9.40) ($13.42)
       
Provision for Income Taxes ($5.08) $1.27 $0.13
Minority Interest $0.00 $0.00 $0.00
Investment Gains (Losses) $0.00 $0.00 $0.00
Other Income $0.00 $0.00 $0.00
Income Before Extraordinaries $7.60 ($10.67) ($13.56)
       
Extraordinary Items & Disc. Operations $0.00 $0.00 $0.00
Net Income $7.60 ($10.67) ($13.56)
       
Basic Earnings Per Share $0.18 ($0.26) ($0.33)
Diluted Earnings Per Share $0.17 ($0.26) ($0.33)
       
Weighted Average Basic Shares Outstanding 42.65 41.66 41.02
Weighted Average Diluted Shares Outstanding 43.50 41.66 41.02
       
Income Before Non-Recurring Items $15.89 $5.01 $16.50
Income From Non-Recurring Items ($8.29) ($15.68) ($30.05)
Diluted Earnings Per Share before extras $0.36 $0.12 $0.40
       
Dividend (preferred) N/A N/A N/A
Dividend (common) $0.00 $0.00 $0.00
Dividend Per Share (common) $0.00 $0.00 $0.00




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