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The income statement presents information on the financial results of a company's business activities over a period of time. The income statement communicates how much revenue the company generated during a period and what cost it incurred in connection with generating that revenue.
Allergan PLC, Consolidated Income Statement
USD $ in thousands
|Net revenues||Amount, including tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value-added and excise.||Allergan PLC's net revenues declined from 2015 to 2016 but then increased from 2016 to 2017 exceeding 2015 level.|
|Operating loss||The net result for the period of deducting operating expenses from operating revenues.||Allergan PLC's operating loss increased from 2015 to 2016 but then declined significantly from 2016 to 2017.|
|Loss before income taxes and noncontrolling interest||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.||Allergan PLC's loss before income taxes and noncontrolling interest increased from 2015 to 2016 but then declined significantly from 2016 to 2017.|
|Net income (loss) attributable to shareholders||The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.||Allergan PLC's net income (loss) attributable to shareholders increased from 2015 to 2016 but then declined significantly from 2016 to 2017.|