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Planar Systems (Planar Systems) Net Income : $6.6 Mil (TTM As of Jun. 2015)


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What is Planar Systems 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. Planar Systems's Net Income for the three months ended in Jun. 2015 was $-0.3 Mil. Its Net Income for the trailing twelve months (TTM) ended in Jun. 2015 was $6.6 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Planar Systems's Earnings per Share (Diluted) for the three months ended in Jun. 2015 was $-0.01.


Planar Systems Net Income Historical Data

The historical data trend for Planar Systems'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.

Planar Systems Net Income Chart

Planar Systems Annual Data
Trend Sep05 Sep06 Sep07 Sep08 Sep09 Sep10 Sep11 Sep12 Sep13 Sep14
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -5.11 -4.71 -16.18 -6.54 3.80

Planar Systems Quarterly Data
Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15
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 0.71 2.24 3.09 1.61 -0.29

Planar Systems 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

Planar Systems's Net Income for the fiscal year that ended in Sep. 2014 is calculated as

Net Income(A: Sep. 2014 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=4.137+-0.337+0+4.4408920985006E-16
=3.8

Planar Systems's Net Income for the quarter that ended in Jun. 2015 is calculated as

Net Income(Q: Jun. 2015 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-0.164+-0.129+0+5.5511151231258E-17
=-0.3

Net Income for the trailing twelve months (TTM) ended in Jun. 2015 adds up the quarterly data reported by the company within the most recent 12 months, which was $6.6 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.


Planar Systems  (NAS:PLNR) 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:

Planar Systems's Earnings per Share (Diluted) (EPS) for the quarter that ended in Jun. 2015 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.


Planar Systems Net Income Related Terms

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Planar Systems (Planar Systems) Business Description

Traded in Other Exchanges
N/A
Address
Planar Systems Inc was incorporated on April 27, 1983. The Company is a provider of specialty display products, solutions, and services for customers in a number of end-market segments. Products include display components, completed displays, and display solutions and systems based on a variety of flat panel and front- and rear-projection technologies. The Company capitalizes on its strong supply chain, logistics, and distribution relationships to sell a variety of mainly LCD based displays to the United States marketplace. The Company offers High-End Home Display which offers various high-performance home theater front-projection systems, video processing equipment, large-format thin displays, and accessories, that aims at the high-end home market and certain commercial installations The Company employs sales professionals in many countries around the world and sells both directly to end users and through reseller channels.The Company's direct competitors are numerous and diverse. In display systems including AMLCD components sourced from manufacturers, Planar's value-added specialty display products compete against those of NEC, Acer, Viewsonic, Dell and others in the IT market. The Company's operations are subject to environmental and various other regulations in each of the jurisdictions in which it conducts business.
Executives
Richard Hill director
Harold Hughes director C/O RAMBUS INC., 1050 ENTERPRISE WAY, SUITE 700, SUNNYVALE CA 94089
David Sandberg director 40 SE 5TH STREET, SUITE 502, BOCA RATON FL 33432
Red Oak Partners, Llc director 95 S. FEDERAL HWY, SUITE 201, BOCA RATON FL 33432
Greg Turnbull director 123 SAGLNAW DRIVE, REDWOOD CITY CA 94063
Steven E Wynne director 27700 SW PARKWAY AVENUE, WILSONVILLE OR 97070
Esther Kay Stepp director
Steven J Buhaly officer: COO/CFO 1195 NW LOMPTON DRIVE, BEAVESTON OR 97006
Jeffrey T Siegal officer: Corporate Controller 1195 NW LOMPTON DRIVE, BEAVESTON OR 97006
Balaji Krishnamurthy other: Chairman, President & CEO 1195 NW LOMPTON DRIVE, BEAVESTON OR 97006

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