|
Camtek Ltd. | ||||
|
Consolidated Statements of Operations | ||||
|
(In thousands, except share data) | ||||
|
| ||||
|
|
Year ended December 31, |
Three Months ended December 31, | ||
|
|
2017 |
*2016 |
2017 |
*2016 |
|
|
U.S. dollars |
U.S. dollars | ||
|
|
|
|
|
|
|
Revenues |
93,485 |
79,228 |
25,844 |
21,525 |
|
Cost of revenues |
47,966 |
41,807 |
13,519 |
11,436 |
|
Reorganization |
- |
4,931 |
- |
- |
|
|
|
|
|
|
|
Gross profit |
45,519 |
32,490 |
12,325 |
10,089 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Research and development costs |
13,534 |
12,630 |
3,467 |
3,133 |
|
Selling, general and administrative expenses |
22,022 |
21,900 |
5,175 |
5,852 |
|
Implication of re-organization |
- |
(4,059) |
- |
- |
|
Expenses from settlement |
13,000 |
- |
- |
- |
|
|
48,556 |
30,471 |
8,642 |
8,985 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Operating income (loss) |
(3,037) |
2,019 |
3,683 |
1,104 |
|
|
|
|
|
|
|
Financial income (expenses), net |
(150) |
(847) |
49 |
(304) |
|
|
|
|
|
|
|
Income (loss) before income taxes |
(3,187) |
1,172 |
3,732 |
800 |
|
|
|
|
|
|
|
Income taxes (expense) |
4,875 |
(303) |
(406) |
(32) |
|
|
|
|
|
|
|
Net income from continuing operations |
1,688 |
869 |
3,326 |
768 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Discontinued operations * |
|
|
|
|
|
Income from discontinued operations |
|
|
|
|
|
Income before tax expense |
18,302 |
4,450 |
- |
1,643 |
|
Income taxes (expense) |
(6,028) |
(585) |
(465) |
(64) |
|
Income (loss) from discontinued operations |
12,274 |
3,865 |
(465) |
1,579 |
|
|
|
|
|
|
|
Net income |
13,962 |
4,734 |
2,861 |
2,347 |
