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SYNCHRONOSS TEC   FYE=12 (December)

Annual - Income Statement - Company Specific

Fiscal period2022202120202019201820172016201520142013
Period End Date12/31/202212/31/202112/31/202012/31/201912/31/201812/31/201712/31/201612/31/201512/31/201412/31/2013
Revenues252.63280.62291.67308.75325.84402.36476.75578.83457.31349.05
Total Revenues252.63280.62291.67308.75325.84402.36476.75578.83457.31349.05
Cost of Services91.70109.05121.82150.41158.80181.45194.20239.07184.41146.24
Gross Profit160.93171.57--158.34167.04220.91282.55339.76272.90202.81
Depreciation--------------------
Depreciation and amortization31.7536.0743.6977.04117.6594.8899.3172.1555.9641.13
Research and development55.6264.3477.0475.5779.1790.85106.6891.4373.6264.85
Selling, general and administrative70.3384.9989.29112.77122.11154.04131.1190.7479.2362.10
Restructuring charges1.915.197.960.7612.3810.746.335.09--5.17
Net change in contingent consideration obligation------------(10.93)(0.76)(1.80)5.32
Total Operating Expenses251.31299.63339.79416.54490.12531.96548.56499.24395.02314.15
Operating Income (loss)1.32(19.02)(48.12)(107.79)(164.28)(129.60)(71.81)79.5962.3034.89
Interest expense13.646.420.481.364.9155.777.015.713.001.09
Gain on divestiture2.55------------------
Equity method investment loss------(1.62)(28.60)(9.13)--------
Interest and other income (expense)0.470.041.601.267.7712.502.432.050.840.56
Other income (expense),net3.45(4.88)9.547.39(74.92)(17.68)1.860.370.440.22
Loss on extinguishment of debt------0.821.76(29.41)--------
Income before income tax expense(5.86)(30.28)(37.47)(101.29)(263.17)(229.09)(74.53)76.3060.5734.58
Provision for income taxes1.86(7.18)(27.11)2.17(17.89)(34.86)(7.99)29.6221.6811.23
Deferred : Foreign0.001.720.300.088.28(2.89)(1.32)2.363.702.99
Current Tax : Federal(1.61)6.8530.37(0.21)3.160.60(0.05)(19.21)(8.67)(3.71)
Current Tax : State(0.11)(0.08)0.060.050.12--1.58(2.22)(2.46)(2.66)
Current Tax : Foreign(0.23)(1.26)(3.64)(2.05)--(4.82)(3.24)0.21(2.51)(3.08)
Deferred Tax : Federal(0.03)0.010.26(0.03)6.7340.6310.72(10.28)(10.44)(3.45)
Deferred Tax : State0.13(0.07)(0.23)(0.02)2.211.340.30(0.48)(1.30)(1.32)
Net (loss) income from continuing operations----(10.36)(103.47)(245.28)(194.22)(66.54)------
Net income (loss) from discontinued operations, net of taxes--------18.2975.5074.53------
Net Income (loss)(7.72)(23.10)(10.36)(103.47)(226.99)(118.73)7.9946.6838.9023.35
Net income attributable to noncontrolling interests0.20(0.16)0.341.13(8.84)(9.29)(11.60)6.05----
Preferred stock accretion9.5535.5137.9832.1325.59----------
Income effect for equity mark-to-market on contingent consideration obligation, net of tax----------------0.75--
Net Income (Loss) Available to Common Shareholders(17.47)(58.45)(48.68)(136.73)(243.75)(109.44)19.5940.6339.6523.35
Add: After-tax interest on convertible debt--------------42.55----
Continuing operations----(1.16)(3.36)(6.51)(4.14)(1.26)------
Discontinued operations--------0.461.691.71------
Net Earnings Per Share (Basic)(0.20)(0.90)(1.16)(3.36)(6.05)(2.45)0.450.960.960.60
Continuing operations----(1.16)(3.36)(6.51)(4.14)(1.26)------
Discontinued operations--------0.461.691.71------
Net Earnings Per Share (Diluted)(0.20)(0.90)(1.16)(3.36)(6.05)(2.45)0.450.890.920.58
Weighted-average common shares outstanding Basic86.2364.7341.9540.6940.2844.6743.5742.2840.4238.89
Weighted-average common shares outstanding Diluted86.2364.7341.9540.6940.2844.6743.5747.6543.3040.01