XML 15 R4.htm IDEA: XBRL DOCUMENT v3.10.0.1
Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Net sales $ 1,726,540 $ 1,664,170 $ 3,304,250 $ 3,147,276
Cost of sales 1,227,785 1,260,813 2,329,812 2,406,661
Gross margin 498,755 403,357 974,438 740,615
Operating expenses:        
Selling, general and administrative expenses 173,353 113,921 334,557 218,560
Research and development expenses 167,200 133,098 336,997 266,060
Amortization of intangible assets 90,485 91,012 205,193 184,657
Impairment of goodwill     3,400  
Integration, acquisition, restructuring and other costs 22,844 9,690 36,499 19,785
Total operating expenses 453,882 347,721 916,646 689,062
Operating income 44,873 55,636 57,792 51,553
Other expense (income):        
Interest expense 23,647 23,344 46,173 43,027
(Gain) loss on investments (844) 3,609 (317) 8,139
Interest income (1,792) (1,788) (3,324) (3,709)
(Gain) loss on foreign currency (824) 9,373 4,009 14,113
Other (income) expense, net (169) 926 (61) 841
Income (loss) before income taxes 24,855 20,172 11,312 (10,858)
Income tax (benefit) expense (9,944) (8,302) (6,454) 1,699
Consolidated net income (loss) 34,799 28,474 17,766 (12,557)
Net loss attributable to noncontrolling interest (955) (1,862) (4,388) (3,795)
Net income (loss) attributable to ARRIS International plc. $ 35,754 $ 30,336 $ 22,154 $ (8,762)
Net income (loss) per ordinary share :        
Basic [1] $ 0.19 $ 0.16 $ 0.12 $ (0.05)
Diluted [1] $ 0.19 $ 0.16 $ 0.12 $ (0.05)
Weighted average ordinary shares:        
Basic 184,216 186,803 184,376 188,291
Diluted 185,669 189,002 186,288 188,291
[1] Calculated based on net income (loss) attributable to stockholders of ARRIS International plc