CBIZ, Inc. CBZ Income Statement

Cbiz, inc. (CBZ)

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
948,424	922,003	855,340	799,832	750,422	719,483	677,171	612,689	591,270	730,401	736,787
Operating expenses
823,496	790,283	755,584	697,726	652,391	629,804	593,339	540,305	518,528	644,335	648,409
Gross margin
124,928	131,720	99,756	102,106	98,031	89,679	83,832	72,384	72,742	86,066	88,378
Corporate general and administrative expenses
44,406	39,173	33,295	36,319	32,527	34,183	34,398	30,209	31,533	29,584	30,722
Operating income
80,522	92,547	66,461	65,787	65,504	55,496	49,434	42,175	41,209	56,482	57,656
Other (expense) income:
Interest expense
5,765	6,645	6,675	6,593	8,902	13,124	15,374	14,999	16,047	15,308	13,392
Gain on sale of operations, net
417	1,025	45	855	84	1,303	79	2,766	2,920	466	989
Other (expense) income, net
17,715	-7,087	14,489	6,957	1,146	6,893	7,817	8,215	3,201	3,532	6,622
Total other (expense) income, net
12,367	-12,707	7,859	1,219	-7,672	-4,928	-7,478	-4,018	-9,926	-11,310	-5,781
Income from continuing operations before income tax expense
92,889	79,840	74,320	67,006	57,832	50,568	41,956	38,157	31,283	45,172	51,875
Income tax expense
21,840	18,267	23,288	26,399	22,829	20,154	16,577	14,364	12,144	17,017	19,823
Income from continuing operations
71,049	61,573	51,032	40,607	35,003	30,414	25,379	23,793	19,139	28,155	32,052
Loss from discontinued operations, net of tax
-335	-3	-655	-542	-2,323	-754	2,148	7,263	8,854	-2,668	-866
Gain on disposal of discontinued operations, net of tax
-	-	-	-	1,427	99	58,336	90	14	-973	210
Net income
70,714	61,570	50,377	40,065	34,107	29,759	85,863	31,146	28,007	24,514	31,396
Basic:
Continuing operations
1.31	1.13	0.95	0.78	0.70	0.63	0.52	0.49	0.39	0.49	0.52
Discontinued operations
-0.01	-	-0.01	-0.01	-0.01	-0.01	1.25	0.14	0.18	-0.07	-0.01
Earnings per share - basic
1.30	1.13	0.94	0.77	0.69	0.62	1.77	0.63	0.57	0.42	0.51
Diluted:
Continuing operations
1.27	1.09	0.92	0.76	0.66	0.59	0.52	0.48	0.39	0.48	0.52
Discontinued operations
-0.01	-	-0.01	-0.01	-0.01	-0.01	1.23	0.15	0.17	-0.06	-0.01
Earnings per share - diluted
1.26	1.09	0.91	0.75	0.65	0.58	1.75	0.63	0.56	0.42	0.51
Basic weighted average shares outstanding
54,299	54,561	53,862	52,321	50,280	48,343	48,632	49,002	49,328	57,692	61,200
Diluted weighted average shares outstanding
55,895	56,487	55,689	53,513	52,693	51,487	49,141	49,252	49,599	58,193	61,859
Comprehensive income:
Net income
70,714	61,570	50,377	40,065	34,107	29,759	85,863	31,146	28,007	24,514	31,396
Other comprehensive income:
Net unrealized gain(loss) on available-for-sale securities, net of income tax expense (benefit) of $351, $(96) and $(16)
940	-259	-42	-23	-114	-117	-142	181	638	-57	-
Net unrealized gain (loss) on interest rate swaps, net of income tax expense (benefit) of $(380), $(8) and $107
-1,222	-17	379	182	230	206	230	-93	-412	110	-
Foreign currency translation
-17	-24	-15	-30	-54	-59	-60	-62	-65	-71	-
Other comprehensive (loss) income, net of tax
-299	-300	322	129	62	30	28	26	161	-18	-
Comprehensive income
70,415	61,270	50,699	40,194	34,169	29,789	85,891	31,172	28,168	24,496	-