XML 14 R2.htm IDEA: XBRL DOCUMENT v3.5.0.2
CONDENSED CONSOLIDATED STATEMENTS OF INCOME (LOSS) (UNAUDITED) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Net sales:        
Products $ 170,566 $ 133,762 $ 451,329 $ 392,884
Services 204,674 214,044 603,748 612,244
Total net sales 375,240 347,806 1,055,077 1,005,128
Costs and expenses:        
Products 108,785 94,381 328,422 288,926
Services 164,053 175,334 478,647 480,671
Selling, general and administrative expenses 68,632 55,127 206,897 155,603
Research and development 8,521 5,938 18,146 12,830
Amortization of purchased intangibles 9,666 6,606 24,620 21,035
Restructuring costs 1,690 127 1,615 5,385
Total costs and expenses 361,347 337,513 1,058,347 964,450
Operating income (loss) 13,893 10,293 (3,270) 40,678
Other income (expense):        
Interest and dividend income 415 434 1,152 1,337
Interest expense (3,486) (1,125) (7,403) (3,058)
Other income (expense), net (1,930) (257) (1,532) (1,157)
Income (loss) before income taxes 8,892 9,345 (11,053) 37,800
Income tax expense (benefit) 4,394 559 (20,281) 34,863
Net income 4,498 8,786 9,228 2,937
Less noncontrolling interest in income of VIE   6   29
Net income attributable to Cubic $ 4,498 $ 8,780 $ 9,228 $ 2,908
Net income per share attributable to Cubic:        
Basic (in dollars per share) $ 0.17 $ 0.33 $ 0.34 $ 0.11
Diluted (in dollars per share) $ 0.17 $ 0.33 0.34 0.11
Dividends per common share (in dollars per share)     $ 0.14 $ 0.14
Weighted average shares used in per share calculations:        
Basic (in shares) 26,977 26,883 26,971 26,868
Diluted (in shares) 27,058 26,960 27,010 26,925