Results of Operations. For purposes of this discussion and analysis section, reference is made to the table on page 18 and the Company's Statements of Consolidated Operations on page 23. IDEX consists of three reporting groups: Pump Products, Dispensing Equipment and Other Engineered Products. The Pump Products Group designs, produces and distributes a wide range of engineered industrial pumps, compressors, flow meters and related controls for process applications, including mixing and metering paints, inks, chemicals, foods, lubricants and fuels, as well as in medical, pharmaceutical and semiconductor applications, water treatment, and industrial production operations. The Dispensing Equipment Group designs, manufactures and distributes precision-engineered equipment for dispensing, metering and mixing paints and coatings in retail and commercial markets; refinishing equipment; and centralized lubrication systems. The Other Engineered Products Group designs, produces and distributes proprietary engineered products for industrial and commercial markets including fire and rescue, transportation equipment, oil and gas, electronics, communications, and traffic and commercial signs. PERFORMANCE IN 2000 COMPARED TO 1999 IDEX achieved record orders, sales, net income and earnings per share in 2000. Incoming orders totaled $699 million, 7% higher than in 1999. Recent acquisitions (FAST-June 1999, Ismatec-April 2000 and Trebor-May 2000) added 5% to full-year orders and base business orders increased by 5%, while foreign currency translation had a 3% negative effect. All three groups showed year-over-year improvements. Net sales for 2000 reached $704.3 million and increased $49.3 million, or 8%, over 1999. Base business sales were up 6% and acquisitions added 5%, while foreign currency translation had a 3% negative effect. Sales to customers outside the U.S. were 41% of total sales in 2000, up from 39% in 1999. International sales increased by 12% for 2000, while domestic sales increased by 4%. Excluding the recent acquisitions and foreign currency translation, international sales increased by 11%, reflecting higher sales volume in all international markets. Pump Products Group sales of $395.0 million in 2000 increased by $22.6 million, or 6%, from 1999 principally reflecting 3% higher base business sales and the Ismatec and Trebor acquisitions, which added 4% to the sales growth. Foreign currency translation had a 1% negative effect on the group's sales comparison to 1999. International...
Results of Operations. Year ended September 2016 compared with year ended September 2015 (consolidated results)
Results of Operations. Overview of the Three and Six Months Ended June 30, 2015 and 2014 Overview of the Years Ended December 31, 2014 and December 31, 2013 Overview of the Three and Six Months Ended June 30, 2015 and 2014
Results of Operations. The Parties have displayed their agreement regarding the fundamental ratemaking metrics at issue in this proceeding in Attachment 2. The Parties’ agreement does not extend to any figures that are not displayed in Attachment 2.
Results of Operations. The following table sets forth the percentage of total revenues represented by certain consolidated statement of operations data for the periods indicated: YEAR ENDED JUNE 30, 1996 1997 1998 Revenues: Software licenses......................................... 61.1% 53.2% 55.2% Service and other......................................... 38.9 46.8 44.8 Total revenues.............................................. 100.0 100.0 100.0 Expenses: Cost of software licenses................................. 3.5 2.9 3.2 Cost of service and other................................. 23.7 27.8 27.1 Selling and marketing..................................... 31.9 28.9 29.7 Research and development.................................. 19.4 17.3 17.2 General and administrative................................ 9.3 8.8 8.0 Charge for in-process research and development............ 21.3 4.5 3.4 Costs related to acquisitions............................. -- -- 2.0 Total expenses.............................................. 109.1 90.2 90.6 Income (loss) from operations............................... (9.1) 9.8 9.4 Interest income........................................... 3.3 2.9 2.3 Interest expense.......................................... (1.2) (0.1) (0.1) Other income (expense), net............................... (0.1) (0.1) (0.2) Income (loss) before provision for income taxes............. (7.1) 12.5 11.4 Provision for income taxes................................ 5.4 5.2 5.6 Net income (loss)........................................... (12.5)% 7.3% 5.8% ===== ===== ===== COMPARISON OF FISCAL 1998 TO FISCAL 1997 REVENUES. Revenues are derived from software licenses and services. Total revenues for fiscal 1998 increased 30.1% to $252.6 million from $194.1 million in fiscal 1997. Software license revenues represented 55.2% and 53.2% of total revenues for fiscal 1998 and 1997, respectively. Revenues from software licenses in fiscal 1998 increased 35.1% to $139.4 million from $103.2 million in fiscal 1997. The growth in software license revenues was attributable to software license renewals covering existing users, the expansion of existing customer relationships through licenses covering additional users, licenses of additional software products, and, to a lesser extent, to the addition of new customers. Total revenues from customers outside the United States were $114.7 million or 45.4% of total revenues and $97.0 million or 50.0% of total revenues for fiscal 1998 and 1997, respectively. ...
Results of Operations. COMPARISON OF 2002 TO 2001 Revenues. Our revenues in 2002 and 2001 are comprised of revenues for subscriptions to our services and implementation revenues. The following table sets forth for the periods indicated the components of revenue included in our consolidated statements of operations:
Results of Operations. Three Months Ended April 1, 2001 as Compared with Three Months Ended March 26, 2000
Results of Operations. To the best of each of their knowledge, the information concerning the Partnership's financial condition and the results of operations as of June 30, 1999 and for the period January 1, 1999 through June 30, 1999 attached hereto as Schedule 4.4 fairly presents in all material respects the financial condition and results of operation of the Partnership as of said date and for such period.
Results of Operations. We have presented the following data in thousands, except per share data. Statement of Operations Data Quarters Ended March 31, Years Ended December 31, ------------ ------------ --------------------------- 2003 2002 2002 2001 ------------ ------------ ------------ ------------ Revenue $ 12,657 $ 16,777 $ 63,175 $ 119,530 Cost of revenue 12,938 16,484 74,031 82,191 ------------ ------------ ------------ ------------ Gross profit (loss) (281) 293 (10,856) 37,339 Operating expenses: Selling, general and administrative 3,286 5,202 18,648 21,487 Research and development 744 1,353 4,868 8,204 Restructuring costs - - 39,086 - ------------ ------------ ------------ ------------ Total operating expenses 4,030 6,555 62,602 29,691 ------------ ------------ ------------ ------------ Income (loss) from operations (4,311) (6,262) (73,458) 7,648 Interest expense 237 385 1,326 2,081 Other (income) and expense, net (231) (717) 12,705 13,373 ------------ ------------ ------------ ------------ Loss before income tax benefit (4,317) (5,930) (87,489) (7,806) Income tax benefit - (2,372) (6,308) (2,810) ------------ ------------ ------------ ------------ Net loss $ (4,317) $ (3,558) $ (81,181) $ (4,996) ============ ============ ============ ============
Results of Operations. The following table sets forth selected financial data as a percentage of total revenues for the periods indicated: -------------------- 1997 ---- 1998 ---- 1999 ---- Core research............................................... 75% 76% 74% Advisory services and other................................. Total revenues.............................................. 25 --- 100 24 --- 100 26 --- 100 Cost of services and fulfillment............................ 34 36 32 Selling and marketing....................................... 35 34 36 General and administrative.................................. 11 11 11 Depreciation and amortization............................... 3 4 4
