BARRETT BUSINESS SERVICES INC BBSI Income Statement

Barrett business services inc (BBSI)

Income statement / TTM

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	Sep'10	Jun'10
Revenues:
Total revenues
943,200	942,311	934,992	934,317	934,938	940,698	947,591	940,439	934,410	920,432	896,804	881,772	859,615	840,586	813,245	786,867	765,409	740,841	721,551	697,725	666,570	636,355	607,229	582,184	561,140	536,966	505,286	466,501	432,241	402,652	373,699	348,014	328,527	314,874	304,042	286,090	0	0	0
Cost of revenues:
Total cost of revenues
737,243	734,058	718,516	728,920	736,180	754,025	774,214	771,830	770,067	761,901	743,886	734,212	714,016	695,050	669,889	650,180	634,497	611,385	596,252	575,473	633,674	602,950	588,588	573,770	476,208	454,465	422,769	392,036	365,075	335,938	320,817	300,543	284,116	271,422	254,966	241,435	0	0	0
Gross margin
205,957	208,253	216,476	205,397	198,758	186,673	173,377	168,609	164,343	158,531	152,918	147,560	145,599	145,536	143,356	136,687	130,912	129,456	125,299	122,252	32,896	33,405	18,641	8,414	84,932	82,501	82,517	74,465	67,166	66,714	52,882	47,471	44,411	43,452	49,076	44,655	0	0	0
Selling, general and administrative expenses
152,834	153,879	157,270	152,588	149,197	145,465	136,255	133,510	125,956	123,138	121,103	117,618	118,048	113,342	107,172	102,172	95,111	90,177	84,174	80,413	76,942	74,065	70,108	65,249	61,797	59,439	56,455	52,380	48,423	46,450	43,653	40,787	39,109	38,174	36,733	35,261	0	0	0
Depreciation and amortization
3,917	3,886	3,901	3,880	4,184	4,219	5,690	5,803	5,514	5,452	3,901	3,662	3,446	3,253	3,079	2,977	2,917	2,851	2,776	2,701	2,605	2,506	2,393	2,268	2,161	2,037	1,887	1,738	1,589	1,477	1,421	1,383	1,357	1,344	1,341	1,340	0	0	0
Loss from operations
49,206	50,488	55,305	48,929	45,377	36,989	31,432	29,296	32,873	29,941	27,914	26,280	24,105	28,941	33,105	31,538	32,884	36,428	38,349	39,138	-46,651	-43,166	-53,860	-59,103	20,974	21,025	24,175	20,347	17,154	18,787	7,808	5,301	3,945	3,934	11,002	8,054	0	0	0
Other income (expense):
Life insurance proceeds
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	10,000	0	0	0	-	-
Investment income, net
12,415	12,520	11,908	11,261	10,130	9,077	8,039	7,338	6,529	4,668	3,339	1,999	866	956	902	962	932	771	724	531	462	543	607	752	250	539	491	457	1,011	776	837	1,005	1,066	1,199	1,212	1,089	0	0	0
Interest expense
1,547	1,789	1,829	1,900	1,487	1,052	691	278	272	313	300	444	630	807	1,120	1,391	1,705	1,965	1,591	1,167	649	173	177	182	202	238	251	213	156	76	0	0	0	-	-	-	-	-	-
Loss on litigation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other, net
-92	-81	-247	-237	-249	-245	46	32	0	-	0	0	-	40	20	-10	-70	-88	-91	90	148	152	154	-21	-13	-9	-8	-17	-27	-28	-59	-61	-59	47	428	599	0	0	0
Other income, net
10,776	10,650	9,832	9,124	8,394	7,780	7,416	7,150	6,355	4,437	2,842	-1,952	-3,272	-3,355	-3,503	-439	-843	-1,282	-958	-546	-39	522	584	549	35	292	232	227	828	672	736	912	982	11,221	11,640	11,688	0	0	0
Loss before income taxes
59,982	61,138	65,137	58,053	53,771	44,769	38,848	36,446	39,228	34,378	30,756	24,328	20,833	25,586	29,602	31,099	32,041	35,146	37,391	38,592	-46,690	-42,644	-53,276	-58,554	21,009	21,317	24,407	20,574	17,982	19,459	8,544	6,213	4,927	15,155	22,642	19,742	0	0	0
Benefit from income taxes
12,797	12,846	11,701	10,501	8,886	6,707	7,158	9,058	11,954	9,208	8,025	6,149	5,258	6,787	7,403	8,160	8,722	9,652	14,691	17,999	-18,599	-17,098	-23,707	-28,844	5,418	5,644	7,575	6,655	5,839	6,328	1,293	-640	-1,632	837	4,564	4,819	0	0	0
Net loss
47,185	48,292	53,436	47,552	44,885	38,062	31,690	27,388	27,274	25,170	22,731	18,179	15,575	18,799	22,199	22,939	23,319	25,494	22,700	20,593	-28,091	-25,546	-29,569	-29,710	15,591	15,673	16,832	13,919	12,143	13,131	7,251	6,853	6,559	14,318	18,078	14,923	0	0	0
Basic loss per common share
-450.00	311.26	3.34	1.88	-310.00	2.30	2.59	1.54	-1.25	1.45	2.03	1.53	-1.55	1.12	1.41	1.18	-1.11	1.59	1.52	1.24	-0.82	1.22	1.24	-5.55	-0.46	0.65	1.22	0.78	-0.46	0.55	0.83	0.54	-0.22	0.00	0.54	0.34	0.54	0.36	0.22
Weighted average number of basic common shares outstanding
7,521	7,504	7,483	7,410	7,407	7,385	7,369	7,310	7,304	7,301	7,296	7,254	7,249	7,243	7,243	7,210	7,208	7,203	7,201	7,151	7,135	7,122	7,177	7,173	7,170	7,165	7,150	7,082	7,022	7,015	7,007	6,995	9,874	9,875	10,060	10,196	10,201	10,217	10,446
Diluted loss per common share
-450.00	311.22	3.24	1.81	-310.00	2.27	2.50	1.46	-1.25	1.45	1.96	1.47	-1.55	1.12	1.38	1.16	-1.11	1.55	1.49	1.21	-0.82	1.20	1.19	-5.55	-0.46	0.62	1.18	0.75	-0.46	0.55	0.81	0.53	-0.22	-0.01	0.54	0.34	0.54	0.36	0.22
Weighted average number of diluted common shares outstanding
7,521	7,986	7,711	7,692	7,407	7,966	7,643	7,675	7,304	7,878	7,527	7,550	7,249	7,571	7,405	7,328	7,208	7,396	7,362	7,327	7,135	7,234	7,428	7,173	7,170	7,477	7,425	7,374	7,022	7,315	7,184	7,078	9,874	10,007	10,100	10,245	10,248	10,251	10,485
Cash dividends per common share
-	-	-	-	-	-	-	-	250.00	-	0.25	0.25	0.25	-	0.22	0.22	0.22	0.22	0.22	0.22	0.22	0.22	0.18	0.18	0.18	0.18	0.13	0.13	0.13	0.13	0.11	0.11	0.11	-	0.09	0.09	-	-	-
Professional Employer Service Fees [Member]
Total revenues
822,938	819,873	808,681	800,845	794,965	793,399	793,289	784,357	774,798	758,046	733,556	713,397	691,455	673,924	651,015	625,894	599,730	572,286	548,108	522,396	495,022	470,522	449,592	431,323	413,541	393,085	364,666	331,413	302,070	276,004	249,585	225,506	205,888	190,113	176,649	161,311	0	0	0
Staffing Services [Member]
Total revenues
120,262	122,438	126,311	133,472	139,973	147,299	154,302	156,082	159,612	162,386	163,248	168,375	168,160	166,662	162,230	160,973	165,679	168,555	173,443	175,329	171,548	165,833	157,637	150,861	147,599	143,881	140,620	135,088	130,171	126,648	124,114	122,508	122,639	124,761	127,393	124,779	0	0	0
Direct Payroll Costs [Member]
Total cost of revenues
90,690	92,455	95,475	100,853	105,881	111,443	116,617	117,761	120,227	122,533	123,268	128,299	128,036	126,753	123,371	121,662	125,627	127,964	131,844	133,623	130,746	126,399	120,123	114,621	111,921	108,875	106,042	101,615	97,847	95,128	93,388	92,522	92,772	94,568	96,679	94,624	0	0	0
Payroll Taxes and Benefits [Member]
Total cost of revenues
434,378	429,713	405,559	401,060	397,612	407,003	423,204	417,778	413,475	404,687	392,602	380,568	369,507	357,867	346,695	339,044	327,967	312,284	302,915	291,986	279,031	263,100	251,839	243,513	235,710	222,163	210,116	197,049	185,331	169,724	157,286	144,692	134,246	123,017	115,471	108,011	0	0	0
Workers' Compensation [Member]
Total cost of revenues
212,175	211,890	217,482	227,007	232,687	235,579	234,393	236,291	236,365	234,681	228,016	225,345	216,473	210,430	199,823	189,474	180,903	171,137	161,493	149,864	223,897	213,451	216,626	215,636	128,577	123,427	106,611	93,372	81,897	71,086	70,143	63,329	57,098	53,837	42,816	38,800	0	0	0