ALTAIR ENGINEERING INC. ALTR Income Statement

Altair engineering inc. (ALTR)

Income statement / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Sep'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