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Common-Size Income Statement
Based on: 10-K (filing date: 2021-08-17), 10-K (filing date: 2020-08-18), 10-K (filing date: 2019-08-20), 10-K (filing date: 2018-08-14), 10-K (filing date: 2017-08-15), 10-K (filing date: 2016-08-17).
|Income statement item||Description||The company|
|Operating income||The net result for the period of deducting operating expenses from operating revenues.||Lam Research Corp.’s operating income as a percentage of revenue increased from 2019 to 2020 and from 2020 to 2021.|
|Income before income taxes||Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest.||Lam Research Corp.’s income before income taxes as a percentage of revenue increased from 2019 to 2020 and from 2020 to 2021.|
|Net income||The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.||Lam Research Corp.’s net income as a percentage of revenue decreased from 2019 to 2020 but then increased from 2020 to 2021 exceeding 2019 level.|