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Cadence Design Systems, Inc.$100.95($1.88)(1.83%)

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Income Statement for Cadence Design Systems, Inc.
(Amounts are in millions) 12/2019 12/2018 12/2017
Press Release Press Release Press Release
Net Sales or Revenues $2,336.32 $2,138.02 $1,943.03
Cost of Goods Sold $266.36 $258.75 $237.39
Gross Profit $2,069.96 $1,879.28 $1,705.64
       
Research & Development Expense $935.94 $884.82 $804.22
Selling, General, & Admin. Expense $630.10 $584.16 $562.75
Income Before Depreciation $503.92 $410.29 $338.67
       
Depreciation, Depletion, Amortization $12.13 $14.09 $14.72
Non-Operating Income $6.00 $3.32 $16.76
Interest Expense $18.83 $23.14 $25.66
Pretax Income $478.97 $376.39 $315.05
       
Provision for Income Taxes ($510.01) $30.61 $110.95
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 $988.98 $345.78 $204.10
       
Extraordinary Items & Disc. Operations $0.00 $0.00 $0.00
Net Income $988.98 $345.78 $204.10
       
Basic Earnings Per Share $3.62 $1.26 $0.75
Diluted Earnings Per Share $3.53 $1.23 $0.73
       
Weighted Average Basic Shares Outstanding 273.24 273.73 272.10
Weighted Average Diluted Shares Outstanding 280.52 281.14 280.22
       
Income Before Non-Recurring Items $988.98 $345.78 $296.58
Income From Non-Recurring Items $0.00 $0.00 ($92.48)
Diluted Earnings Per Share before extras $3.53 $1.23 $1.06
       
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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