Blucora, Inc. BCOR Income Statement

Blucora, inc. (BCOR)

Income statement / Yearly

Dec'19	Dec'18	Dec'17	Dec'16	Dec'15	Dec'14	Dec'13	Dec'12	Dec'11	Dec'10	Dec'09
Revenue:
Total revenue
717,945	560,456	509,557	455,911	-	-	-	406,919	228,813	-	-
Product revenue, net
-	-	-	-	-	-	-	0	-	-	-
Total revenue
-	-	-	-	117,708	103,719	91,213	406,919	228,813	214,343	207,646
Cost of revenue:
Services cost of revenue
-	-	-	-	-	-	6,544	265,945	154,962	-	-
Product cost of revenue
-	-	-	-	-	-	-	0	-	-	-
Total cost of revenue
362,772	263,719	246,072	223,176	13,713	13,330	13,994	265,945	154,962	138,995	136,623
Cost, Amortization
0	99	195	812	7,546	7,450	7,450	-	-	-	-
Gross profit
-	-	-	-	-	-	-	-	-	75,348	71,023
Operating expenses:
Engineering and technology
30,931	19,332	19,614	17,780	5,107	3,758	3,249	9,969	7,158	8,471	9,129
Sales and marketing
126,205	111,361	102,798	89,360	45,854	42,671	40,172	45,644	21,510	28,145	25,378
General and administrative
78,529	60,124	52,668	47,396	43,563	25,315	23,346	27,418	21,542	32,843	23,617
Acquisition and integration
25,763	0	0	-	-	-	-	-	-	-	-
Depreciation
5,479	4,468	3,460	3,881	1,521	1,300	1,238	2,119	2,162	3,138	3,283
Amortization of other acquired intangible assets
37,357	33,487	33,807	33,331	12,757	12,742	12,692	11,619	2,595	-	-
Total operating expenses
717,936	492,779	461,520	418,794	122,515	99,116	94,691	362,714	207,334	-	-
Impairment of indefinite-live intangible assets (excluding goodwill)
50,900	-	-	-	-	-	-	-	-	-	-
Impairment of intangible asset
50,900	0	0	-	-	-	-	0	-	-	-
Restructuring
0	288	3,101	3,870	0	0	-	-	-	-	-
Operating income (loss)
9	67,677	48,037	37,117	-4,807	4,603	-3,478	44,205	21,479	-	-
Other loss, net
-16,915	-15,797	-44,551	-39,781	-12,542	-13,489	-29,568	-6,677	-1,246	15,247	2,682
Total expenses and other loss, net
-	-	-	-	-	-	-	-	-	57,350	63,439
Loss on investments, net
-	-	-	-	-	-	-	-	-	-	-4,714
Income (loss) before income taxes
-16,906	51,880	3,486	-2,664	-17,349	-8,886	-33,046	37,528	20,233	17,998	7,584
Income tax expense
-65,054	311	-25,890	-1,285	-4,623	-3,342	-7,385	15,002	-11,288	8,725	181
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest
-	-	-	-1,379	-12,726	-5,544	-25,661	-	-	-	-
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest
-	-	-	-63,121	-27,348	-30,003	50,060	-	-	-4,593	-
Net income (loss)
48,148	51,569	29,376	-64,500	-40,074	-35,547	-	-	-	-	-
Net income attributable to noncontrolling interests
0	935	2,337	658	0	0	-	-	-	-	-
Income (loss) from discontinued operations, net of income taxes
-	-	-	-63,121	-27,348	-	50,060	-	-	-	-
Income from continuing operations
-	-	-	-	-	-	-	-	31,521	9,273	7,403
Loss from discontinued operations, net of taxes
-	-	-	-	-	-	-	-	-2,253	-	-
Loss on sale of discontinued operations, net of taxes
-	-	-	-	-	-	-	-	-7,674	-	-
Net income (loss) attributable to Blucora, Inc.
48,148	50,634	27,039	-65,158	-40,074	-35,547	24,399	22,526	21,594	4,680	7,403
Net income (loss) per share attributable to Blucora, Inc.:
Continuing operations (in USD per share)
-	-	-	-0.05	-0.31	-0.13	-0.62	-	0.83	0.26	0.21
Discontinued operations (in USD per share)
-	-	-	-1.52	-0.67	-0.73	1.21	-	-60.00	-	-
Loss from discontinued operations
-	-	-	-	-	-	-	-	-	-0.13	-
Loss on sale of discontinued operations
-	-	-	-	-	-	-	-	-200.00	-	-
Basic (in USD per share)
1.00	0.94	0.61	-1.57	-0.98	-0.86	0.59	0.56	0.57	0.13	0.21
Net income (loss) per share attributable to Blucora, Inc. - diluted:
Continuing operations (in USD per share)
-	-	-	-0.05	-0.31	-0.13	-0.62	-	0.82	0.25	0.21
Discontinued operations (in USD per share)
-	-	-	-1.52	-0.67	-0.73	1.21	-	-60.00	-	-
Loss on sale of discontinued operations
-	-	-	-	-	-	-	-	200.00	-	-
Loss from discontinued operations
-	-	-	-	-	-	-	-	-	-0.12	-
Diluted (in USD per share)
0.98	0.90	0.57	-1.57	-0.98	-0.86	0.59	0.54	0.56	0.13	0.21
Weighted average shares outstanding:
Basic (in shares)
48,264	47,394	44,370	41,494	40,959	41,396	41,201	40,279	37,954	35,886	34,983
Diluted (in shares)
49,282	49,381	47,211	41,494	40,959	41,396	41,201	41,672	38,621	36,829	35,431
Comprehensive income (loss):
Comprehensive income attributable to noncontrolling interests
0	935	2,337	658	0	0	-	-	-	-	-
Other comprehensive income
48,322	50,192	27,416	-65,012	-39,488	-36,660	-	-	-	-	-
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
48,148	51,569	29,376	-64,500	-	-	-	-	-	-	-
Reclassification adjustment for realized foreign currency gains, net, included in net income
-	-	-	-	-	-	-	-	-	-1,362	-
Unrealized gain on available-for-sale investments, net of tax
-	-	-	9	-236	-1,119	11	-16	34	94	-943
Foreign currency translation adjustment
-	-	-	137	-517	0	0	-	-	-74	-108
Unrealized gain on derivative instrument, net of tax
-	-	-	-	-	-	266	-266	0	0	-
Reclassification adjustment for realized loss on available-for-sale investments, net of tax, included in net income as Other loss, net
-	-	-	-	-375	-6	1	26	-	-	-
Reclassification adjustment for other-than-temporary impairment loss on available-for-sale investments, included in net income as discontinued operations
-	-	-	-	964	0	0	-	-	-	-
Other comprehensive income (loss)
174	-442	377	146	586	-1,113	276	-308	34	-1,342	-
Reclassification adjustment for other-than-temporary gains on investments, available-for-sale, included in net income
-	-	-	-	-	-	-	-	-	-	335
Cumulative tax effect on unrealized gain on investments, available-for-sale
-	-	-	-	-	-	-	-	-	-	-186
Comprehensive income (loss) attributable to Blucora, Inc.
48,322	51,127	29,753	-64,354	-39,488	-36,660	24,675	22,218	21,628	3,338	6,203
Wealth Management Services
Total revenue
507,979	373,174	348,620	316,546	0	0	-	-	-	-	-
Total cost of revenue
352,081	253,580	235,859	213,996	0	0	-	-	-	-	-
Tax Preparation Services
Total revenue
209,966	187,282	160,937	139,365	117,708	103,719	-	-	-	-	-
Total cost of revenue
10,691	10,040	10,018	8,368	6,167	5,880	-	-	-	-	-