Vtech Statements
30
Vtech Income Statement
B
M
USD (except Earnings per share)
Financial
Revenue
Cost of sales
Gross profit
Research and development
Selling, general and administrative
Total operating expenses
Operating income
Interest expense
Other income
Income before tax
Provision for income taxes
Net income
Diluted earnings per share
Shares outstanding after dilution
1 004.8
100
695.4
69.2
309.4
30.8
39.7
4
183.5
18.3
223.2
22.2
86.2
8.6
-4.2
-0.4
2
0.2
84
8.4
11
1.1
73
7.3
0.289
252.6
1 140.9
100
815.4
71.5
325.5
28.5
42
3.7
172.8
15.1
214.8
18.8
110.7
9.7
-4.3
-0.4
0.9
0.08
107.3
9.4
13.7
1.2
93.6
8.2
0.371
252.6
1 076.9
100
772.6
71.7
304.3
28.3
41
3.8
182.3
16.9
223.3
20.7
81
7.5
-3.4
-0.3
-2.4
-0.2
75.2
7
8
0.7
67.2
6.2
0.266
252.3
1 164.8
100
835.4
71.7
329.4
28.3
42.3
3.6
189.3
16.3
231.6
19.9
97.8
8.4
-4.8
-0.4
-1.7
-0.1
93.3
8
11.3
1
82
7
0.325
252.5
1 255.7
100
891.5
71
364.2
29
41.7
3.3
208.6
16.6
250.5
19.9
113.7
9.1
-5.5
-0.4
-0.4
-0.03
108.3
8.6
12.5
1
95.8
7.6
0.38
252
1 114.8
100
809.9
72.6
304.9
27.4
42.6
3.8
171.9
15.4
214.3
19.2
90.6
8.1
-4.2
-0.4
-0.1
-0.009
86.3
7.7
9.4
0.8
76.9
6.9
0.305
252.2
1 248.7
100
879.1
70.4
369.6
29.6
44.7
3.6
202.6
16.2
247.3
19.8
122.3
9.8
-4
-0.3
—
0
120
9.6
12.7
1
107.3
8.6
0.426
251.7
1 123.6
100
766.6
68.2
357
31.8
41.7
3.7
175.6
15.6
217.3
19.3
139.7
12.4
-4.4
-0.4
—
0
139.3
12.4
15.7
1.4
123.6
11
0.49
252.3
1 041.4
100
722.6
69.4
318.8
30.6
41
3.9
190.4
18.3
231.4
22.2
87.4
8.4
-5.4
-0.5
-1.4
-0.1
80.6
7.7
7.9
0.8
72.7
7
0.288
252
1 124.1
100
779.3
69.3
344.8
30.7
—
0
177.7
15.8
218.4
19.4
126.4
11.2
5.6
0.5
-0.3
-0.03
131.7
11.7
13.7
1.2
118
10.5
0.469
251.6
1 158.4
100
818.5
70.7
339.9
29.3
38.9
3.4
208.1
18
247
21.3
92.9
8
-1
-0.09
—
0
91.9
7.9
10.7
0.9
81.2
7
0.323
251.2
1 003.5
100
707
70.5
296.5
29.5
38.3
3.8
163.8
16.3
202.1
20.1
94.4
9.4
0.1
0.01
—
0
100.4
10
10.3
1
90.1
9
0.358
251.4
1 090.4
100
723.8
66.4
366.6
33.6
38.4
3.5
215.9
19.8
250.1
22.9
116.5
10.7
-0.3
-0.03
—
0
116.2
10.7
13.5
1.2
102.7
9.4
0.409
251
1 039.7
100
704.3
67.7
335.4
32.3
39.2
3.8
181.4
17.4
220.6
21.2
114.8
11
—
0
—
0
114.8
11
11.2
1.1
103.6
10
0.412
251.2
1 096.4
100
720.8
65.7
375.6
34.3
38.6
3.5
216.3
19.7
254.9
23.2
120.7
11
-0.1
-0.009
—
0
120.6
11
13
1.2
107.6
9.8
0.43
251.1
982.9
100
669.1
68.1
313.8
31.9
38.6
3.9
195.9
19.9
234.5
23.9
79.3
8.1
—
0
0.2
0.02
79.5
8.1
8.1
0.8
71.4
7.3
0.28
251.1
928.4
100
631.1
68
297.3
32
27.6
3
178.4
19.2
206
22.2
91.3
9.8
0.3
0.03
—
0
91.6
9.9
10.3
1.1
81.3
8.8
0.32
251.1
928.1
100
642.1
69.2
286
30.8
28.7
3.1
146.3
15.8
175
18.9
111
12
0.5
0.05
—
0
111.5
12
11.4
1.2
100.1
10.8
0.4
251.1
979
100
658.7
67.3
320.3
32.7
27.7
2.8
185.7
19
213.4
21.8
106.9
10.9
0.4
0.04
—
0
107.3
11
11.9
1.2
95.4
9.7
0.38
251.1
900.8
100
610.6
67.8
290.2
32.2
28.4
3.2
148.6
16.5
177
19.6
113.2
12.6
1.2
0.1
—
0
114.4
12.7
11.7
1.3
102.7
11.4
0.41
251.1
1 006.5
100
654.7
65
351.8
35
27.5
2.7
203
20.2
230.5
22.9
121.3
12.1
0.6
0.06
—
0
121.9
12.1
13.6
1.4
108.3
10.8
0.43
250.7
892.4
100
609.9
68.3
282.5
31.7
30.5
3.4
146.7
16.4
177.2
19.9
105.3
11.8
0.8
0.09
—
0
106.1
11.9
10.6
1.2
95.5
10.7
0.38
250.7
981.9
100
650.4
66.2
331.5
33.8
28.6
2.9
178
18.1
206.6
21
124.9
12.7
-0.2
-0.02
—
0
124.7
12.7
14.1
1.4
110.6
11.3
0.44
250.5
876.1
100
609.8
69.6
266.3
30.4
28.5
3.3
138.8
15.8
167.3
19.1
99
11.3
1.9
0.2
—
0
100.9
11.5
10
1.1
90.9
10.4
0.36
250.1
926.4
100
616.6
66.6
309.8
33.4
28.9
3.1
167.7
18.1
196.6
21.2
113.2
12.2
0.5
0.05
—
0
113.7
12.3
10.3
1.1
103.4
11.2
0.41
249.4
858.1
100
597.1
69.6
261
30.4
28.3
3.3
136.4
15.9
164.7
19.2
96.3
11.2
1.6
0.2
—
0
97.9
11.4
9.4
1.1
88.5
10.3
0.35
249.4
898.9
100
593.9
66.1
305
33.9
28.7
3.2
159.8
17.8
188.5
21
116.5
13
0.6
0.07
—
0
117.1
13
9
1
108.4
12.1
0.44
249.1
813.9
100
552
67.8
261.9
32.2
28.1
3.5
131.6
16.2
159.7
19.6
102.2
12.6
1
0.1
—
0
103.2
12.7
10.1
1.2
93.6
11.5
0.38
248.7
794.3
100
489.4
61.6
304.9
38.4
29.3
3.7
152.2
19.2
181.5
22.9
123.4
15.5
0.4
0.05
—
0
123.8
15.6
9.6
1.2
115
14.5
0.46
248.5
738
100
483.5
65.5
254.5
34.5
27.5
3.7
126.3
17.1
153.8
20.8
100.7
13.6
1
0.1
—
0
101.7
13.8
10.6
1.4
91.5
12.4
0.37
246.9
669.7
100
405.6
60.6
264.1
39.4
27.3
4.1
157.3
23.5
184.6
27.6
79.5
11.9
1.2
0.2
—
0
80.7
12.1
6.3
0.9
74.4
11.1
0.3
245.8
778.5
100
515.1
66.2
263.4
33.8
29.6
3.8
159
20.4
188.6
24.2
74.8
9.6
3.5
0.4
—
0
78.3
10.1
9.5
1.2
68.8
8.8
0.28
245.4
817.9
100
482.4
59
335.5
41
24.9
3
174.4
21.3
199.3
24.4
136.2
16.7
3.4
0.4
—
0
139.6
17.1
10.4
1.3
129.2
15.8
0.53
244.8
734.1
100
486.6
66.3
247.5
33.7
26.4
3.6
128.4
17.5
154.8
21.1
92.7
12.6
5.3
0.7
—
0
98
13.3
11.5
1.6
86.5
11.8
0.35
244.6
750
100
438
58.4
312
41.6
22.7
3
165.7
22.1
188.4
25.1
123.6
16.5
3.4
0.5
—
0
127
16.9
9.9
1.3
117.1
15.6
0.48
243.9
713.8
100
485.8
68.1
228
31.9
22.5
3.2
135.1
18.9
157.6
22.1
70.4
9.9
4.1
0.6
—
0
74.5
10.4
8.7
1.2
65.8
9.2
0.27
243.3
642.9
100
383.9
59.7
259
40.3
22
3.4
151
23.5
173
26.9
86
13.4
2.1
0.3
—
0
88.1
13.7
5.6
0.9
82.5
12.8
0.34
241.3
561.7
100
374
66.6
187.7
33.4
18.3
3.3
119.2
21.2
137.5
24.5
50.2
8.9
1.8
0.3
—
0
52
9.3
5.7
1
46.3
8.2
0.2
232.5
564.9
100
369.6
65.4
195.3
34.6
18.5
3.3
130.7
23.1
149.2
26.4
46.1
8.2
0.6
0.1
—
0
50.1
8.9
1.7
0.3
48.4
8.6
0.21
227.2
457.1
100
323.6
70.8
133.5
29.2
20
4.4
103.6
22.7
123.6
27
9.9
2.2
0.4
0.09
—
0
13.6
3
5.1
1.1
8.5
1.9
0.04
230.6
511.1
100
361.4
70.7
149.7
29.3
17.5
3.4
103.7
20.3
121.2
23.7
28.5
5.6
0.2
0.04
—
0
28.7
5.6
-0.2
-0.04
28.9
5.7
0.13
225.5
404.1
100
272.5
67.4
131.6
32.6
15.7
3.9
94.9
23.5
110.6
27.4
21
5.2
0.2
0.05
—
0
21.2
5.2
3.8
0.9
17.4
4.3
0.08
225.5