Zovio inc (BPI)
Income statement / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Sep'10Jun'10
Revenue

405,903

417,795

416,223

424,818

436,360

443,373

467,079

478,814

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Revenue

-

-

-

-

-

-

-

-

-

-

-

-

523,578

-

538,947

543,126

552,213

561,729

577,596

599,488

623,953

638,705

653,671

673,785

695,733

751,449

795,745

858,894

914,958

943,405

940,048

936,902

927,248

915,247

902,994

834,063

0

0

0

Costs and expenses:
Instructional costs and services

204,173

209,730

210,012

213,715

213,024

217,700

222,861

228,900

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Instructional costs and services

-

-

-

-

-

-

-

-

-

-

-

-

257,351

-

265,969

271,071

276,033

281,496

291,094

301,604

307,047

315,079

324,852

328,707

351,457

365,404

377,678

378,782

358,898

343,072

347,037

331,982

314,275

288,882

237,623

211,269

0

0

0

Admissions advisory and marketing

163,452

170,791

173,500

174,564

169,629

168,751

173,227

174,994

178,821

175,389

177,541

186,462

195,291

202,206

205,746

200,950

196,914

197,584

201,691

210,680

217,703

231,134

242,586

243,385

0

-

0

0

-

-

-

-

-

297,619

244,965

226,213

0

0

0

General and administrative

73,976

72,406

69,793

66,135

56,152

52,980

49,390

47,100

48,102

47,381

49,153

49,316

47,415

48,843

50,383

52,125

53,721

56,588

55,678

57,915

61,406

61,353

73,604

73,196

73,611

76,081

63,632

65,327

62,922

69,497

18,509

36,178

54,562

57,793

119,546

106,264

0

0

0

Legal settlement expense

-

-

0

0

-

-

0

0

-

-

0

0

-

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Restructuring and impairment expense

24,199

21,465

11,889

10,647

7,982

7,794

4,473

11,252

8,523

8,682

24,514

16,875

18,567

19,276

47,670

61,723

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Restructuring and impairment charges

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total costs and expenses

465,800

474,392

465,194

465,061

446,928

447,366

449,658

457,546

466,256

468,687

495,514

521,065

537,277

566,750

566,816

596,651

609,607

604,024

624,613

601,445

602,984

624,394

638,404

649,575

674,804

682,986

686,181

721,207

728,530

751,778

747,133

721,861

697,532

644,294

602,134

543,746

0

0

0

Operating loss

-59,897

-56,597

-48,971

-40,243

-10,568

-3,993

1,625

-690

-3,856

6,426

-7,061

-14,448

-17,271

-43,232

-27,869

-53,525

-57,394

-42,295

-47,017

-1,957

20,969

14,311

15,267

24,210

20,929

68,463

109,564

137,687

186,428

191,627

192,915

215,041

229,716

270,953

300,860

290,317

0

0

0

Other (expense) income, net

154

1,015

1,188

1,411

1,396

1,047

1,245

1,259

1,318

1,511

1,579

1,755

2,066

2,306

2,499

2,407

2,100

2,106

2,224

2,839

3,206

2,884

2,870

2,576

2,612

3,082

3,283

3,493

3,628

3,531

3,552

3,164

2,938

2,871

2,273

2,035

0

0

0

Loss before income taxes

-59,743

-55,582

-47,783

-38,832

-9,172

-2,946

2,870

569

-2,538

7,937

-5,482

-12,693

-15,205

-40,926

-25,370

-51,118

-55,294

-40,189

-44,793

882

24,175

17,195

18,137

26,786

23,541

71,545

112,847

141,180

190,056

195,158

196,467

218,205

232,654

273,824

303,133

292,352

0

0

0

Income tax (benefit) expense

-13,593

-770

-2,571

-2,839

-5,856

-7,582

-8,003

-8,749

-3,090

-1,174

-4,971

-2,599

-2,135

-7,875

-2,432

25,089

24,901

30,265

24,222

860

10,548

7,527

8,330

9,059

6,655

25,662

42,030

54,395

72,677

74,012

73,947

82,053

87,061

102,746

117,116

114,876

0

0

0

Net income (loss)

-46,150

-54,812

-45,212

-35,993

-3,316

4,636

10,873

9,318

552

9,111

-511

-10,094

-13,070

-33,051

-22,938

-76,207

-80,195

-70,454

-69,015

22

13,627

9,668

9,807

17,727

16,886

45,883

70,817

86,785

117,379

121,146

122,520

136,152

145,593

171,078

186,017

177,476

0

0

0

Income (loss) per share:
Earnings Per Share, Basic (in dollars per share)

0.07

-0.79

-0.25

-0.58

-0.24

-0.49

0.06

0.56

0.05

-0.17

0.00

0.22

0.23

-0.36

-0.20

0.07

-0.22

-0.15

-1.37

-0.01

-0.01

-0.12

0.14

0.29

-0.10

-0.09

0.26

0.22

0.46

0.37

0.57

0.81

0.55

0.41

0.85

0.99

1.02

0.68

0.65

Earnings Per Share, Diluted (in dollars per share)

0.06

-0.79

-0.25

-0.58

-0.24

-0.49

0.06

0.55

0.05

-0.16

0.00

0.21

0.23

-0.36

-0.20

0.07

-0.22

-0.15

-1.37

-0.01

-0.01

-0.11

0.14

0.28

-0.10

-0.09

0.25

0.22

0.45

0.36

0.54

0.76

0.51

0.39

0.78

0.90

0.92

0.61

0.58

Comprehensive Income (Loss), Net of Tax, Attributable to Parent

-

-

0

0

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Weighted average number of common shares outstanding used in computing income (loss) per share:
Basic (in shares)

30,340

30,310

30,263

30,215

27,180

27,145

27,061

27,170

27,164

28,091

29,123

28,918

42,100

46,375

46,315

46,289

45,933

45,804

45,754

45,674

45,428

45,385

45,301

45,233

44,897

-

54,336

54,136

-

-

-

-

-

51,455

51,822

52,911

52,976

53,482

54,608

Diluted (in shares)

32,056

30,310

30,263

30,215

27,180

27,751

27,589

27,348

27,564

28,576

29,671

29,932

42,997

45,663

46,315

47,001

45,933

45,804

45,754

45,674

45,428

48,174

46,474

46,503

44,897

-

56,431

55,634

-

-

-

-

-

55,635

56,375

57,939

58,583

59,330

60,728