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Corning Inc. (GLW)

-NYSE

14.30 Jun 27, 4:01PM EDT

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Income StatementGet Income Statement for:
View: Annual Data | Quarterly DataAll numbers in thousands
Period EndingMar 30, 2013Dec 30, 2012Sep 29, 2012Jun 29, 2012
Total Revenue 1,814,000   2,146,000   2,038,000   1,908,000  
Cost of Revenue1,044,000  1,239,000  1,159,000  1,121,000  
Gross Profit 770,000   907,000   879,000   787,000  
Operating Expenses
Research Development178,000  185,000  185,000  191,000  
Selling General and Administrative259,000  301,000  294,000  297,000  
Non Recurring2,000  138,000  3,000  5,000  
Others7,000  6,000  4,000  4,000  
Total Operating Expenses446,000  630,000  486,000  497,000  
Operating Income or Loss 324,000   277,000   393,000   290,000  
Income from Continuing Operations
Total Other Income/Expenses Net67,000  45,000  8,000  11,000  
Earnings Before Interest And Taxes564,000  415,000  641,000  560,000  
Interest Expense36,000  34,000  33,000  24,000  
Income Before Tax528,000  381,000  608,000  536,000  
Income Tax Expense34,000  98,000  87,000  86,000  
Minority Interest -   -   -   -  
Net Income From Continuing Ops667,000  376,000  761,000  709,000  
Non-recurring Events
Discontinued Operations -   -   -   -  
Extraordinary Items -   -   -   -  
Effect Of Accounting Changes -   -   -   -  
Other Items -   -   -   -  
Net Income 494,000   283,000   521,000   450,000  
Preferred Stock And Other Adjustments -   -   -   -  
Net Income Applicable To Common Shares 494,000   283,000   521,000   450,000  

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