Altair engineering inc. (ALTR)
Income statement / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Sep'16
Total revenue

131,463

123,877

100,406

106,773

127,859

103,011

86,751

93,360

113,257

89,867

84,938

81,646

76,882

78,052

Total cost of revenue

34,497

36,950

31,741

31,023

32,885

30,271

27,204

29,456

29,042

26,617

26,302

26,918

26,754

25,621

Gross profit

96,966

86,927

68,665

75,750

94,974

72,740

59,547

63,904

84,215

63,250

58,636

54,728

50,128

52,431

Operating expenses:
Research and development

31,467

30,488

29,667

29,829

27,516

25,852

24,301

24,744

22,703

24,002

27,590

22,838

18,770

19,401

Sales and marketing

28,099

27,589

25,790

26,221

26,451

22,428

19,243

19,979

18,627

21,275

22,345

19,428

16,910

16,961

General and administrative

22,346

21,292

20,706

19,851

20,329

28,115

17,234

17,412

16,990

21,514

29,175

21,201

16,089

15,793

Amortization of intangible assets

3,800

3,800

3,500

3,600

3,500

2,060

1,700

2,000

1,940

2,113

1,189

1,155

943

875

Other operating income, net

891

370

536

549

617

2,164

4,850

392

2,191

2,555

735

2,736

594

823

Total operating expenses

84,861

82,778

79,172

78,952

77,207

76,297

57,667

63,729

58,069

66,431

79,564

61,886

52,118

52,207

Operating income

12,105

4,149

-10,507

-3,202

17,767

-3,557

1,880

175

26,146

-3,181

-20,928

-7,158

-1,990

224

Interest expense

2,813

2,785

2,726

590

270

108

31

45

16

367

634

548

611

507

Other (income) expense, net

1,390

849

588

505

-390

534

970

176

900

-156

-52

-427

-359

-148

Income before income taxes

10,682

2,213

-12,645

-3,287

17,107

-3,131

2,819

306

27,030

-3,704

-21,614

-8,133

-2,960

-431

Income tax expense

4,652

3,715

3,294

-167

4,088

5,872

1,885

1,386

2,346

59,177

8,012

-887

-772

-745

Net income

6,030

-1,502

-15,939

-3,120

13,019

-9,003

934

-1,080

24,684

-62,881

-29,626

-7,246

-2,188

314

Income per share:
Net income per share attributable to common stockholders, basic

0.08

-0.03

-0.22

-0.04

0.18

-0.15

0.01

-0.02

0.39

-1.17

-0.59

-0.14

-0.04

0.01

Net income per share attributable to common stockholders, diluted

0.08

-0.02

-0.22

-0.04

0.17

-0.12

0.01

-0.02

0.34

-1.17

-0.59

-0.14

-0.04

0.01

Weighted average shares outstanding:
Weighted average number of shares used in computing net income per share, basic

72,623

72,247

71,770

71,373

70,786

70,653

70,001

65,580

63,638

58,752

50,606

50,374

50,132

49,761

Weighted average number of shares used in computing net income per share, diluted

77,004

66,313

71,770

71,373

76,720

84,833

76,709

65,580

72,390

58,752

50,606

50,374

50,132

59,326

License [Member]
Total revenue

77,543

64,194

46,853

56,653

76,621

52,649

40,880

46,700

66,935

-

-

-

-

-

Total cost of revenue

5,523

8,139

4,371

2,954

5,821

5,585

2,736

4,068

3,730

-

-

-

-

-

Maintenance and Other Services [Member]
Total revenue

30,900

36,993

30,963

27,755

26,670

27,254

23,302

23,907

22,734

-

-

-

-

-

Total cost of revenue

10,455

10,892

9,548

9,430

8,531

7,453

7,095

7,915

7,192

-

-

8,729

8,904

8,479

Total Software [Member]
Total revenue

108,443

101,187

77,816

84,408

103,291

79,903

64,182

70,607

89,669

50,737

63,208

67,804

63,068

64,480

Total cost of revenue

15,978

19,031

13,919

12,384

14,352

13,038

9,831

11,983

10,922

-

9,166

-

-

-

Software Related Services [Member]
Total revenue

6,934

8,941

7,956

7,907

9,772

10,073

8,692

8,707

9,473

9,648

8,574

8,204

8,971

8,676

Total cost of revenue

5,489

6,497

6,013

6,612

6,518

6,842

6,352

6,512

6,709

6,658

6,457

7,114

6,659

6,527

Total Software and Related Services [Member]
Total revenue

115,377

110,128

85,772

92,315

113,063

89,976

72,874

79,314

99,142

94,735

71,782

59,600

54,097

55,804

Total cost of revenue

21,467

25,528

19,932

18,996

20,870

19,880

16,183

18,495

17,631

16,219

15,623

15,843

15,563

15,006

Client Engineering Services [Member]
Total revenue

13,878

11,722

12,803

12,412

12,050

11,200

12,155

12,417

12,080

10,439

11,477

12,365

12,229

12,146

Total cost of revenue

11,318

9,882

10,160

10,033

9,800

9,002

9,817

9,960

10,200

8,931

9,231

9,828

10,141

9,579

Other [Member]
Total revenue

2,208

2,027

1,831

2,046

2,746

1,835

1,722

1,629

2,035

1,868

1,679

1,477

1,585

1,426

Total cost of revenue

1,712

1,540

1,649

1,994

2,215

1,389

1,204

1,001

1,211

1,467

1,448

1,247

1,050

1,036