XML 17 R3.htm IDEA: XBRL DOCUMENT v3.22.1
Consolidated Statements of Profit or Loss - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Revenues:      
Revenues from third parties, net $ 1,546,972 $ 887,282 $ 671,835
Revenues from related parties, net 125 0 0
Total revenues 1,547,097 887,282 671,835
Costs and expenses:      
Cost of revenues 798,519 666,501 533,916
Research and development 151,386 122,265 114,859
General and administrative 29,281 23,915 23,672
Expected (reversal of) credit losses (190) 0 67
Sales and marketing 23,080 16,675 17,628
Total costs and expenses 1,002,076 829,356 690,142
Operating income (loss) 545,021 57,926 (18,307)
Non operating income (loss):      
Interest income 876 967 2,013
Changes in fair value of financial assets at fair value through profit or loss (284) 472 3,746
Foreign currency exchange gains (losses), net 1,096 (327) (546)
Finance costs (1,074) (1,705) (2,325)
Share of losses of associates (1,392) (638) (477)
Other income 349 177 128
Total non operating income (loss) (429) (1,054) 2,539
Profit (loss) before income taxes 544,592 56,872 (15,768)
Income tax expense 110,657 11,712 416
Profit (loss) for the year 433,935 45,160 (16,184)
Loss attributable to noncontrolling interests 2,961 1,974 2,570
Profit (loss) attributable to Himax Technologies, Inc. stockholders $ 436,896 $ 47,134 $ (13,614)
Basic earnings (loss) per ordinary share attributable to Himax Technologies, Inc. stockholders $ 1.25 $ 0.14 $ (0.04)
Diluted earnings (loss) per ordinary share attributable to Himax Technologies, Inc. stockholders 1.25 0.14 (0.04)
Basic earnings (loss) per ADS attributable to Himax Technologies, Inc. stockholders [1] 2.50 0.27 (0.08)
Diluted earnings (loss) per ADS attributable to Himax Technologies, Inc. stockholders [1] $ 2.50 $ 0.27 $ (0.08)
[1] As the Company’s ordinary shares have been quoted on the NASDAQ Global Select Market under the symbol “HIMX” in the form of ADSs and two ordinary shares represent one ADS with effect from August 10, 2009.  The number of ADS equivalent outstanding is determined by dividing the number of ordinary shares by two.  Therefore, the weighted average number of ADS equivalent outstanding used in basic earnings per ADS for 2019, 2020 and 2021 is 172,550 thousand, 172,854 thousand and 174,614 thousand, respectively.  Additionally, the weighted average number of ADS equivalent outstanding used in diluted earnings per ADS for 2019, 2020 and 2021 is 172,550 thousand, 173,383 thousand and 174,867 thousand, respectively.  The earnings (loss) per ADS is presented solely for the convenience of the reader and does not represent a measure under IFRS.