XML 14 R4.htm IDEA: XBRL DOCUMENT v3.8.0.1
CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Apr. 30, 2018
Apr. 30, 2017
Apr. 30, 2018
Apr. 30, 2017
Net product sales $ 110,449 $ 97,658 $ 329,939 $ 246,927
Net service sales 5,268 5,977 16,340 16,918
Net sales 115,717 103,635 346,279 263,845
Cost of sales 63,073 57,310 183,670 148,373
Gross profit 52,644 46,325 162,609 115,472
Engineering and product development expenses 17,117 15,581 50,848 45,891
Selling, general and administrative expenses 22,560 21,523 65,830 58,069
Amortization of purchased intangible assets 128 148 423 518
Restructuring 3 187 688 592
Income from operations 12,836 8,886 44,820 10,402
Other income (expense):        
Interest expense (65) (250) (1,263) (894)
Interest income 376 190 892 529
Other (expense) income, net 661 3 (990) 1,751
Income before provision for income taxes 13,808 8,829 43,459 11,788
Provision for income taxes 1,898 1,281 6,074 1,650
Net income 11,910 7,548 37,385 10,138
Net income attributable to noncontrolling interest 156   169  
Net income attributable to Xcerra $ 11,754 $ 7,548 $ 37,216 $ 10,138
Basic and diluted net income per share attributable to Xcerra:        
Basic net income per share $ 0.21 $ 0.14 $ 0.68 $ 0.19
Diluted net income per share $ 0.21 $ 0.14 $ 0.67 $ 0.19
Weighted-average common and common equivalent shares used in computing net income per share:        
Basic 54,909 54,259 54,781 54,080
Diluted 55,788 55,043 55,813 54,661
Comprehensive income:        
Net income attributable to Xcerra $ 11,754 $ 7,548 $ 37,216 $ 10,138
Unrealized gain (loss) on marketable securities (107) 3 (313) (125)
Unrealized gain (loss) on currency translation (912) 797 6,177 (1,787)
Comprehensive income attributable to Xcerra $ 10,735 $ 8,348 $ 43,080 $ 8,226