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Corning Inc. (GLW)

-NYSE
20.65 Down 0.05(0.24%) 4:00PM EDT
|After Hours : 20.65 0.00 (0.00%) 4:25PM EDT
Income StatementGet Income Statement for:
View: Annual Data | Quarterly DataAll numbers in thousands
Period EndingJun 30, 2014Mar 31, 2014Dec 31, 2013Sep 30, 2013
Total Revenue 2,482,000   2,289,000   1,956,000   2,067,000  
Cost of Revenue1,450,000  1,354,000  1,186,000  1,166,000  
Gross Profit 1,032,000   935,000   770,000   901,000  
Operating Expenses
Research Development208,000  198,000  169,000  184,000  
Selling General and Administrative318,000  395,000  336,000  265,000  
Non Recurring38,000  19,000  73,000  5,000  
Others8,000  8,000  8,000  8,000  
Total Operating Expenses572,000  620,000  586,000  462,000  
Operating Income or Loss 460,000   315,000   184,000   439,000  
Income from Continuing Operations
Total Other Income/Expenses Net(151,000)110,000  341,000   -  
Earnings Before Interest And Taxes371,000  511,000  595,000  577,000  
Interest Expense30,000  30,000  28,000  28,000  
Income Before Tax341,000  481,000  567,000  549,000  
Income Tax Expense172,000  180,000  146,000  141,000  
Minority Interest -   -   -   -  
Net Income From Continuing Ops231,000  387,000  491,000  546,000  
Non-recurring Events
Discontinued Operations -   -   -   -  
Extraordinary Items -   -   -   -  
Effect Of Accounting Changes -   -   -   -  
Other Items -   -   -   -  
Net Income 169,000   301,000   421,000   408,000  
Preferred Stock And Other Adjustments -   -   -   -  
Net Income Applicable To Common Shares 169,000   301,000   421,000   408,000  

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