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Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2019
Dec. 31, 2018
Revenue $ 820,333 $ 825,567 $ 1,454,292 $ 1,414,548
Cost of revenue (1) 394,018 [1] 411,496 [1] 719,683 713,967
Technology and development expense (1) 64,427 [1] 56,707 [1] 127,594 114,885
Marketing and selling expense (1) 173,336 [1] 210,661 [1] 334,253 392,334
General and administrative expense (1) 51,910 [1] 40,216 [1] 95,533 81,392
Amortization of acquired intangible assets 13,150 14,846 26,168 26,147
Restructuring expense (1) 1,897 [1] 1,026 [1] 4,087 1,196
Income from operations 121,595 90,615 146,974 84,627
Other (expense) income, net (9,040) 9,629 6,634 19,881
Interest expense, net (15,701) (16,808) (30,788) (30,585)
Income before income taxes 96,854 83,436 122,820 73,923
Income tax (benefit) expense (93,795) 14,399 (87,680) 19,880
Net income 190,649 69,037 210,500 54,043
Add: Net (income) loss attributable to noncontrolling interest (426) (23) (246) 332
Net income attributable to Cimpress plc $ 190,223 $ 69,014 $ 210,254 $ 54,375
Basic net income per share attributable to Cimpress plc $ 7.04 $ 2.24 $ 7.41 $ 1.76
Diluted net income per share attributable to Cimpress plc $ 6.81 $ 2.17 $ 7.19 $ 1.70
Weighted average shares outstanding — basic 27,036,675 30,863,339 28,391,855 30,873,478
Weighted average shares outstanding — diluted 27,916,759 31,820,497 29,223,116 31,913,510
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]        
Share-based compensation expense $ 8,433 $ (2,720) $ 13,847 $ 6,196
Cost of revenue        
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]        
Share-based compensation expense 97 163 185 278
Technology and development expense        
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]        
Share-based compensation expense 2,043 (1,528) 3,777 680
Marketing and selling expense        
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]        
Share-based compensation expense 533 (1,877) (778) (514)
General and administrative expense        
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]        
Share-based compensation expense 5,652 522 9,891 5,752
Restructuring Charges        
Restructuring expense (1) 1,897 1,026 4,087 1,196
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]        
Share-based compensation expense $ 108 $ 0 $ 772 $ 0
[1] Share-based compensation is allocated as follows: