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Common-Size Income Statement
Lam Research Corp., common-size consolidated 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. |