ASPEN TECHNOLOGY, INC. AZPN Income Statement

Aspen technology, inc. (AZPN)

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	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10
Revenue:
Total revenue
132,027	124,732	134,091	195,769	147,984	140,423	114,169	-	125,871	-	-	123,682	119,277	119,933	120,050	113,680	119,217	119,151	120,296	114,186	111,299	107,790	107,126	101,532	103,587	98,769	87,565	83,264	79,357	77,309	71,457	64,017	61,337	66,555	51,225	52,645	52,601	49,808	43,100
Subscription and software
-	-	-	-	-	-	-	-	-	-	-	-	111,717	112,916	113,444	106,701	111,722	110,126	111,859	105,638	102,543	98,716	98,743	91,570	91,309	88,924	78,683	73,791	69,994	69,037	63,763	92,609	42,444	46,502	31,910	28,744	30,655	25,333	18,967
Cost of revenue:
Subscription and software
-	-	-	-	-	-	-	-	-	-	-	-	5,521	5,176	5,069	4,901	5,266	4,967	5,242	5,352	5,404	5,208	5,201	5,167	5,332	5,022	4,620	4,904	4,998	5,118	5,128	12,706	2,717	2,622	2,724	2,844	-1,725	1,972	2,122
Gross profit
116,322	109,206	118,873	180,279	133,624	125,684	100,942	112,913	113,095	112,813	110,049	111,568	107,010	108,354	108,544	101,949	107,197	107,263	107,324	101,565	98,990	95,525	94,745	88,653	88,299	86,326	75,487	70,276	66,708	64,936	59,119	50,916	48,907	53,630	37,404	37,495	42,209	36,253	29,852
Operating expenses:
Selling and marketing
28,354	28,500	29,192	30,842	27,410	26,310	26,812	27,202	25,924	24,380	23,571	26,510	22,269	21,829	22,025	24,832	23,090	21,178	22,436	25,137	23,160	22,821	21,618	23,451	24,267	24,178	22,931	25,803	22,958	23,303	21,591	26,357	24,279	22,318	23,446	27,544	22,922	19,954	20,351
General and Administrative Expense
18,219	16,422	19,884	16,985	14,863	15,299	16,084	13,792	14,430	14,178	13,676	14,157	12,120	11,863	13,157	11,391	15,606	13,805	12,862	12,486	13,776	10,226	12,225	12,069	10,839	11,020	11,876	13,149	11,685	11,671	12,768	13,067	13,103	11,490	15,887	14,544	14,515	13,425	16,557
Restructuring charges
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-3	12	-41	-6	40	-158	-84	14	-73	-87	-315	78	77
Total operating expenses
70,149	67,547	71,569	69,056	62,793	61,926	63,952	-	61,938	-	-	62,620	54,737	52,289	53,814	52,977	56,516	50,964	51,895	54,659	57,259	49,004	50,111	51,292	56,897	50,214	50,638	54,893	50,374	50,007	50,165	54,525	51,721	46,589	53,029	55,819	49,453	45,553	49,560
Operating Income (Loss)
46,173	41,659	47,304	111,223	70,831	63,758	36,990	50,706	51,157	54,465	53,313	48,948	52,273	56,065	54,730	48,972	50,681	56,299	55,429	46,906	41,731	46,521	44,634	37,361	31,402	36,112	24,849	15,383	16,334	14,929	8,954	-3,609	-2,814	7,041	-15,625	-18,324	-7,244	-9,300	-19,708
Interest income
8,173	8,428	7,976	7,068	6,835	7,485	7,069	27	23	40	141	144	176	216	272	198	90	71	82	98	122	132	135	155	275	307	387	518	807	955	1,099	1,537	1,776	2,034	2,231	2,746	3,093	3,534	3,702
Provision for income taxes
7,300	7,700	7,128	13,149	13,700	9,300	4,307	11,094	11,756	14,928	16,877	-6,305	15,600	19,076	19,779	16,952	14,584	19,517	19,635	15,044	14,096	15,937	15,987	10,362	10,356	12,617	9,415	-5,302	6,598	5,774	5,106	794	-1,155	3,799	-4,782	-57,335	361	2,115	882
Net Income (Loss) Attributable to Parent
43,521	38,275	46,284	103,864	61,587	59,217	38,066	38,020	37,835	38,078	34,755	54,352	35,834	37,010	35,000	33,326	33,171	36,683	36,771	30,806	28,170	30,464	28,967	26,678	20,843	23,263	14,999	20,399	10,513	9,937	4,413	-5,388	-520	3,836	-11,736	41,681	-5,687	-10,269	-15,468
Earnings Per Share, Basic and Diluted [Abstract]
Basic (in dollars per share)
0.64	0.56	0.68	1.49	0.89	0.84	0.54	0.52	0.53	0.53	0.48	0.73	0.47	0.48	0.44	0.41	0.40	0.44	0.44	0.36	0.32	0.34	0.32	0.29	0.23	0.25	0.16	0.21	0.11	0.11	0.05	-0.06	-0.01	0.04	-0.12	0.45	-0.06	-0.11	-0.17
Earnings Per Share, Diluted
0.64	0.56	0.67	1.47	0.88	0.83	0.53	0.53	0.52	0.52	0.47	0.72	0.47	0.48	0.44	0.40	0.40	0.44	0.44	0.35	0.32	0.34	0.32	0.29	0.22	0.25	0.16	0.21	0.11	0.10	0.05	-0.06	-0.01	0.04	-0.12	0.45	-0.06	-0.11	-0.17
Weighted average shares outstanding:
Weighted Average Number of Shares Outstanding, Basic
67,806	68,114	68,441	68,861	69,423	70,428	70,988	71,366	71,828	72,342	73,024	74,335	75,676	76,905	79,048	81,296	83,081	83,315	83,876	85,112	87,355	89,942	91,183	91,929	92,414	92,839	93,410	93,674	93,730	93,512	93,428	93,570	93,583	93,902	94,065	94,149	93,862	93,252	92,689
Weighted Average Number of Shares Outstanding, Diluted
68,482	68,844	69,317	69,825	70,160	71,148	72,015	72,516	72,663	73,036	73,609	75,027	76,182	77,318	79,385	81,840	83,373	83,703	84,320	85,849	87,853	90,471	91,891	92,957	93,365	93,816	94,522	95,107	95,400	95,463	95,670	91,205	93,583	96,267	94,065	103,609	93,862	93,252	92,689
Accounting Standards Update 2014-09 (Topic 606) [Member]
Revenue
-	-	-	-	-	-	-	159,084	127,758	105,530	126,487	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total cost of revenue
15,705	15,526	15,218	15,490	14,360	14,739	13,227	13,047	12,776	12,089	12,732	12,114	12,267	11,579	11,506	11,731	12,020	11,888	12,972	12,621	12,309	12,265	12,381	12,879	15,288	12,443	12,078	12,988	12,649	12,373	12,338	13,101	12,430	12,925	13,821	15,150	10,392	13,555	13,248
Gross Profit
-	-	-	-	-	-	-	146,037	114,982	93,441	113,755	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Selling and marketing
-	-	-	-	-	-	-	27,047	25,246	23,928	23,516	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Research and development
23,576	22,625	22,493	21,229	20,520	20,317	21,056	21,213	21,584	19,790	19,489	21,953	20,348	18,597	18,632	16,754	17,820	15,981	16,597	17,036	20,323	15,957	16,268	15,769	21,791	15,016	15,834	15,939	15,772	15,039	15,766	15,259	14,423	12,767	13,769	13,818	12,331	12,096	12,575
General and administrative
-	-	-	-	-	-	-	17,993	14,533	19,618	15,037	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating Expenses
-	-	-	-	-	-	-	66,253	61,363	63,336	58,042	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income from operations
-	-	-	-	-	-	-	79,784	53,619	30,105	55,713	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest income
-	-	-	-	-	-	-	6,105	6,304	6,239	6,306	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest (expense)
3,207	3,161	3,000	2,405	2,350	2,164	1,814	1,739	1,485	1,261	1,206	1,067	959	892	869	868	330	13	1	22	1	4	3	5	6	8	18	39	12	116	257	1,486	611	1,015	1,092	1,059	1,182	1,653	1,244
Other income (expense), net
-352	-997	1,132	1,148	-34	-578	128	119	-104	-238	-615	22	-56	697	646	1,976	-2,686	-157	896	-1,132	414	-248	188	-471	-472	-531	-804	-765	-18	-57	-277	-1,036	-26	-425	-2,032	983	7	-735	2,664
Income before income taxes
50,787	45,929	53,412	117,034	75,282	68,501	42,373	84,269	58,334	34,845	60,198	74,884	51,434	56,086	54,779	50,278	47,755	56,200	56,406	45,850	42,266	46,401	44,954	37,040	31,199	35,880	24,414	15,097	17,111	15,711	9,519	-4,594	-1,675	7,635	-16,518	-15,654	-5,326	-8,154	-14,586
Provision for (benefit from) income taxes
-	-	-	-	-	-	-	7,624	13,829	-97,187	19,677	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Income (Loss) Attributable to Parent
-	-	-	-	-	-	-	76,645	44,505	132,032	40,521	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Basic (in dollars per share)
-	-	-	-	-	-	-	1.07	0.62	1.83	0.55	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Diluted (in dollars per share)
-	-	-	-	-	-	-	1.06	0.61	1.81	0.55	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Basic (in shares)
-	-	-	-	-	-	-	71,366	71,828	72,342	73,024	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Diluted (in shares)
-	-	-	-	-	-	-	72,516	72,663	73,036	73,609	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
License [Member]
Total revenue
78,562	70,196	81,171	148,506	98,493	93,368	63,755	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total cost of revenue
1,881	2,009	1,660	1,918	1,658	1,819	1,665	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Maintenance [Member]
Total revenue
45,230	45,290	43,574	39,481	41,878	41,038	43,039	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total cost of revenue
4,778	4,584	4,977	4,967	4,962	5,286	3,993	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Services and other
Total revenue
8,235	9,246	9,346	7,782	7,613	6,017	7,375	6,459	7,745	7,244	7,025	8,247	7,560	7,017	6,606	6,979	7,495	9,025	8,437	8,548	8,756	9,074	8,383	9,962	12,278	9,845	8,882	9,473	9,363	8,272	7,694	-28,592	18,893	20,053	19,315	23,901	21,946	24,475	24,133
Total cost of revenue
9,046	8,933	8,581	8,605	7,740	7,634	7,569	-	-	-	-	-	6,746	6,403	6,437	6,830	6,754	6,921	7,730	7,269	6,905	7,057	7,180	7,712	9,956	7,421	7,458	8,084	7,651	7,255	7,210	395	9,713	10,303	11,097	12,306	12,117	11,583	11,126