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Corning Inc. (GLW)

-NYSE

14.02 Down 0.19(1.34%) 4:01PM EDT|After Hours: 14.05 Up 0.03 (0.21%) 7:55PM EDT

Income StatementGet Income Statement for:
View: Annual Data | Quarterly DataAll numbers in thousands
Period EndingDec 31, 2011Dec 31, 2010Dec 31, 2009
Total Revenue 7,890,000   6,632,000   5,395,000  
Cost of Revenue4,324,000  3,583,000  3,302,000  
Gross Profit 3,566,000   3,049,000   2,093,000  
Operating Expenses
Research Development671,000  603,000  563,000  
Selling General and Administrative1,033,000  1,015,000  881,000  
Non Recurring153,000  (378,000)248,000  
Others15,000  8,000  10,000  
Total Operating Expenses1,872,000  1,248,000  1,702,000  
Operating Income or Loss 1,694,000   1,801,000   391,000  
Income from Continuing Operations
Total Other Income/Expenses Net137,000  195,000  190,000  
Earnings Before Interest And Taxes3,302,000  3,954,000  2,016,000  
Interest Expense89,000  109,000  82,000  
Income Before Tax3,213,000  3,845,000  1,934,000  
Income Tax Expense408,000  287,000  (74,000)
Minority Interest -   -   -  
Net Income From Continuing Ops4,276,000  5,516,000  3,443,000  
Non-recurring Events
Discontinued Operations -   -   -  
Extraordinary Items -   -   -  
Effect Of Accounting Changes -   -   -  
Other Items -   -   -  
Net Income 2,805,000   3,558,000   2,008,000  
Preferred Stock And Other Adjustments -   -   -  
Net Income Applicable To Common Shares 2,805,000   3,558,000   2,008,000  

Currency in USD.