LOGITECH INTERNATIONAL SA

For the period ended Dec 31, 2023. Filed Jan 25, 2024.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Dec 31, 2023 · Filed Jan 25, 2024

LOGI$98.01+0.5%Stored close · as of Nov 10, 2026

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Contents

Item 1. Financial Statements (Unaudited)

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

	Three months ended December 31,		Nine months ended December 31,
	2023	2022	2023	2022
Net sales	$1,255,473	$1,269,925	$3,286,980	$3,578,741
Cost of goods sold	726,252	789,489	1,937,367	2,193,735
Amortization of intangible assets	2,441	3,168	8,569	9,355
Gross profit	526,780	477,268	1,341,044	1,375,651
Operating expenses:
Marketing and selling	189,175	196,653	544,716	628,122
Research and development	72,704	65,640	211,822	210,166
General and administrative	39,711	29,766	116,546	92,215
Amortization of intangible assets and acquisition-related costs	2,276	2,810	8,279	9,052
Restructuring charges, net	839	5,654	2,562	16,471
Total operating expenses	304,705	300,523	883,925	956,026
Operating income	222,075	176,745	457,119	419,625
Interest income	12,826	4,665	34,508	9,573
Other income (expense), net	189	1,406	(13,827)	(18,367)
Income before income taxes	235,090	182,816	477,800	410,831
Provision for (benefit from) income taxes	(9,594)	42,663	33,272	87,751
Net income	$244,684	$140,153	$444,528	$323,080
Net income per share:
Basic	$1.57	$0.87	$2.82	$1.98
Diluted	$1.55	$0.86	$2.80	$1.96
Weighted average shares used to compute net income per share:
Basic	155,933	161,244	157,568	163,042
Diluted	157,440	162,529	158,843	164,427

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.