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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
| Item | Description | The company |
|---|---|---|
| Net revenues | Aggregate revenue recognized during the period (derived from goods sold, services rendered, insurance premiums, or other activities that constitute an entity's earning process). For financial services companies, also includes investment and interest income, and sales and trading gains. | Allergan PLC's net revenues declined from Q4 2017 to Q1 2018 but then increased from Q1 2018 to Q2 2018 not reaching Q4 2017 level. |
| Operating income (loss) | The net result for the period of deducting operating expenses from operating revenues. | Allergan PLC's operating income (loss) declined from Q4 2017 to Q1 2018 but then slightly increased from Q1 2018 to Q2 2018. |
| Income (loss) before income taxes and noncontrolling interest | Sum of operating profit and nonoperating income (expense) before income (loss) from equity method investments, income taxes, extraordinary items, cumulative effects of changes in accounting principles, and noncontrolling interest. | Allergan PLC's income (loss) before income taxes and noncontrolling interest declined from Q4 2017 to Q1 2018 but then increased from Q1 2018 to Q2 2018 not reaching Q4 2017 level. |
| Net income (loss) from continuing operations, net of tax | This represents the income or loss from continuing operations attributable to the economic entity which may also be defined as revenue less expenses and taxes from ongoing operations before extraordinary items, cumulative effects of changes in accounting principles, and noncontrolling interest. | Allergan PLC's net income (loss) from continuing operations, net of tax declined from Q4 2017 to Q1 2018 and from Q1 2018 to Q2 2018. |
| Net income (loss) | The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest. | Allergan PLC's net income (loss) declined from Q4 2017 to Q1 2018 and from Q1 2018 to Q2 2018. |
| Net income (loss) attributable to shareholders | The portion of consolidated profit or loss for the period, net of income taxes, which is attributable to the parent. If the entity does not present consolidated financial statements, the amount of profit or loss for the period, net of income taxes. | Allergan PLC's net income (loss) attributable to shareholders declined from Q4 2017 to Q1 2018 and from Q1 2018 to Q2 2018. |
