Allergan PLC (AGN)

Income Statement
Quarterly Data

Difficulty: Beginner

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 (quarterly data)

USD $ in thousands

	3 months ended	Jun 30, 2019		Mar 31, 2019		Dec 31, 2018		Sep 30, 2018		Jun 30, 2018		Mar 31, 2018		Dec 31, 2017		Sep 30, 2017		Jun 30, 2017		Mar 31, 2017		Dec 31, 2016		Sep 30, 2016		Jun 30, 2016		Mar 31, 2016		Dec 31, 2015		Sep 30, 2015		Jun 30, 2015		Mar 31, 2015		Dec 31, 2014		Sep 30, 2014		Jun 30, 2014		Mar 31, 2014
	Net revenues
	Cost of sales, excludes amortization and impairment of acquired intangibles including product rights
	Gross profit
	Research and development
	Selling and marketing
	General and administrative
	Amortization
	Goodwill impairments
	In-process research and development impairments
	Loss on assets held for sale
	Asset sales and impairments, net
	Operating income (loss)
	Interest income
	Interest expense
	Other income (expense), net
	Other income (expense), net
	Income (loss) before income taxes and noncontrolling interest
	(Provision) benefit for income taxes
	Net income (loss) from continuing operations, net of tax
	Income (loss) from discontinued operations, net of tax
	Net income (loss)
	(Income) loss attributable to noncontrolling interest
	Net income (loss) attributable to shareholders
	Dividends on preferred shares
	Net income (loss) attributable to ordinary shareholders

Item	Description	The company
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 Q4 2018 to Q1 2019 but then increased from Q1 2019 to Q2 2019 exceeding Q4 2018 level.
Operating income (loss)	The net result for the period of deducting operating expenses from operating revenues.	Allergan PLC’s operating income (loss) increased from Q4 2018 to Q1 2019 and from Q1 2019 to Q2 2019.
Income (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 income (loss) before income taxes and noncontrolling interest increased from Q4 2018 to Q1 2019 and from Q1 2019 to Q2 2019.
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 Q4 2018 to Q1 2019 and from Q1 2019 to Q2 2019.

	Allergan PLC	Other companies (not purchased previously)
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Common-Size Financial Statements
Ratios
Relative Valuation
Discounted Cash Flow (DCF) Valuation
Economic Value Added (EVA)
Long-term Trends
Analysis
Financial Reporting Quality

Allergan PLC (AGN)

Income StatementQuarterly Data

Income Statement
Quarterly Data