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DTS (DTSI) Net Income : $-7.0 Mil (TTM As of Sep. 2016)


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What is DTS Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. DTS's Net Income for the three months ended in Sep. 2016 was $0.6 Mil. Its Net Income for the trailing twelve months (TTM) ended in Sep. 2016 was $-7.0 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. DTS's Earnings per Share (Diluted) for the three months ended in Sep. 2016 was $0.03.


DTS Net Income Historical Data

The historical data trend for DTS's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

DTS Net Income Chart

DTS Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.27 -15.90 15.76 27.14 -12.30

DTS Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -2.80 -12.84 0.54 4.69 0.57

DTS Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

DTS's Net Income for the fiscal year that ended in Dec. 2015 is calculated as

Net Income(A: Dec. 2015 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-13.964+1.663+0+0
=-12.3

DTS's Net Income for the quarter that ended in Sep. 2016 is calculated as

Net Income(Q: Sep. 2016 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=1.294+-0.724+0+-1.1102230246252E-16
=0.6

Net Income for the trailing twelve months (TTM) ended in Sep. 2016 adds up the quarterly data reported by the company within the most recent 12 months, which was $-7.0 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


DTS  (NAS:DTSI) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

DTS's Earnings per Share (Diluted) (EPS) for the quarter that ended in Sep. 2016 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


DTS Net Income Related Terms

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DTS (DTSI) Business Description

Traded in Other Exchanges
N/A
Address
DTS Inc, a Delaware corporation, was founded in 1990. It commenced its operations as Digital Theater Systems Corporation. It is a audio solutions provider for high-definition entertainment experiences-anytime, anywhere, on any device. Its audio solutions are designed to enable recording, delivery and playback of simple, personalized, and immersive high-definition audio and are incorporated by hundreds of licensee customers around the world into an array of consumer electronics devices, including televisions ("TVs"), personal computers ("PCs"), smartphones, tablets, digital media players, video game consoles, Blu-ray Disc players, audio/video receivers ("AVRs"), soundbars, DVD based products, automotive audio systems, set-top-boxes ("STBs"), and home theater systems. The Company also provides a suite of audio processing technologies designed to enhance the entertainment experience for users of consumer electronics products subject to physical limitations, such as TVs, PCs and mobile electronics. In addition, it provides products and services to motion picture studios, radio and TV broadcasters, game developers and other content creators to facilitate the inclusion of compelling, realistic DTS-encoded soundtracks within their content. The Comnpany's competitor is Dolby Laboratories, who develops and markets, among other things, high-definition audio products and services.
Executives
David C Habiger director C/O XPERI HOLDING CORPORATION, 3025 ORCHARD PARKWAY, SAN JOSE CA 95134
Blake Welcher officer: EVP Legal & Licensing Oper 5220 LAS VIRGENES ROAD, CALABASAS CA 91302
Jon Kirchner director, officer: President and CEO C/O XPERI HOLDING CORPORATION, 3025 ORCHARD PARKWAY, SAN JOSE CA 95134
Geir Skaaden officer: SVP Corp Bus Dev C/O XPERI HOLDING CORPORATION, 3025 ORCHARD PARKWAY, SAN JOSE CA 95134
Melvin Flanigan officer: Executive VP Finance & CFO C/O CAMPING WORLD HOLDINGS, INC., 250 PARKWAY DRIVE, SUITE 270, LINCOLNSHIRE IL 60069
Gregory L Ballard director 280 N BERNARDO AVE MOUNTAIN VIEW CA 94043
Sharon K Faltemier officer: Senior VP, Human Resources 5220 LAS VIRGENES ROAD, CALABASAS CA 91302
James B Mcelwee director WESTON PRESIDIO CAPITAL, 2420 SAND HILL RD STE 206, MENLO PARK CA 94025
Michael P Lazarus 10 percent owner C/O WESTON PRESIDIO, PIER 1 BAY 2, SAN FRANCISCO CA 94111
Steven Friedman director 320 PARKJ AVE, STE 220 NY 10022
Warren N Lieberfarb director
Eos Partners Sbic Lp director 320 PARKJ AVE, STE 220 NY 10022

DTS (DTSI) Headlines

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