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Avid Technology, Inc.$6.96($.22)(3.06%)

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Income Statement for Avid Technology, Inc.
(Amounts are in millions) 12/2018 12/2017 12/2016
Press Release Press Release Press Release
Net Sales or Revenues $413.28 $419.00 $511.93
Cost of Goods Sold $174.12 $176.89 $179.21
Gross Profit $239.16 $242.12 $332.72
       
Research & Development Expense $62.38 $68.21 $81.56
Selling, General, & Admin. Expense $161.65 $167.21 $184.65
Income Before Depreciation $15.13 $6.70 $66.51
       
Depreciation, Depletion, Amortization $1.45 $1.45 $2.50
Non-Operating Income $0.00 $1.30 $0.23
Interest Expense $23.09 $19.96 $18.90
Pretax Income ($9.40) ($13.42) $45.34
       
Provision for Income Taxes $1.27 $0.13 ($2.88)
Minority Interest N/A $0.00 $0.00
Investment Gains (Losses) N/A $0.00 $0.00
Other Income N/A $0.00 $0.00
Income Before Extraordinaries ($10.67) ($13.56) $48.22
       
Extraordinary Items & Disc. Operations $0.00 $0.00 $0.00
Net Income ($10.67) ($13.56) $48.22
       
Basic Earnings Per Share ($0.26) ($0.33) $1.20
Diluted Earnings Per Share ($0.26) ($0.33) $1.20
       
Weighted Average Basic Shares Outstanding 41.66 41.02 40.02
Weighted Average Diluted Shares Outstanding 41.66 41.02 40.18
       
Income Before Non-Recurring Items $5.01 $16.50 $67.02
Income From Non-Recurring Items ($15.68) ($30.05) ($18.80)
Diluted Earnings Per Share before extras $0.12 $0.40 $1.67
       
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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