COGENT COMMUNICATIONS HOLDINGS, INC. CCOI Income Statement

Cogent communications holdings, inc. (CCOI)

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
Service revenue
552,937	546,159	537,917	531,114	525,621	520,190	513,367	506,197	496,678	485,175	475,546	465,634	455,812	446,900	436,479	426,439	415,283	404,234	395,810	388,484	384,308	380,003	373,113	365,183	356,363	347,979	340,729	332,624	324,638	316,973	313,454	311,165	308,928	305,500	293,190	280,218	0	0	0
Operating expenses:
Network operations (including $252 and $180 of equity-based compensation expense, respectively, exclusive of depreciation and amortization shown separately below)
221,572	219,801	219,470	218,832	218,804	219,529	217,786	216,755	213,491	209,278	205,451	200,694	197,451	194,066	189,813	186,168	180,708	174,510	169,718	164,943	162,136	159,893	157,247	154,281	151,752	150,225	149,477	148,577	146,613	143,642	139,510	136,588	134,725	132,160	129,280	124,885	0	0	0
Selling, general, and administrative (including $4,823 and $3,254 of equity-based compensation expense, respectively)
150,728	146,913	143,615	141,053	136,191	133,854	132,387	131,893	129,977	127,915	127,471	124,606	122,638	120,709	116,585	113,853	112,958	113,103	113,822	113,857	111,071	107,679	102,609	96,975	92,062	87,242	84,078	81,832	80,007	79,885	79,753	79,264	78,789	76,984	75,107	74,214	0	0	0
Depreciation and amortization
79,400	80,200	81,163	81,463	81,700	81,200	79,634	78,481	77,162	75,900	76,656	76,313	76,020	75,235	73,170	72,000	70,767	70,527	70,063	69,860	69,790	69,481	68,496	67,089	65,688	64,358	63,924	63,510	63,113	62,478	61,489	61,067	60,298	59,850	59,449	58,360	0	0	0
Total operating expenses
451,792	446,961	444,287	441,357	436,704	434,617	429,797	427,143	420,644	413,119	409,578	401,613	396,109	390,010	379,568	372,021	364,433	358,140	353,603	348,660	342,997	337,053	328,352	318,345	309,502	301,825	297,479	293,919	289,733	286,005	280,752	276,919	273,812	268,994	263,836	257,459	0	0	0
Gains on equipment transactions
562	1,059	900	1,229	1,401	982	1,208	1,189	1,855	3,862	4,211	4,501	7,917	7,739	9,096	9,561	5,841	5,443	6,229	8,191	10,203	10,950	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gains on capital lease terminations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	11,643	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Losses on debt extinguishment and redemption
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-10,144	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-
Operating income
101,707	100,257	94,532	90,988	90,320	86,557	84,778	80,243	77,889	75,918	70,179	68,522	67,033	64,042	65,469	64,925	58,224	53,036	49,886	47,981	51,480	53,900	52,901	51,864	49,156	46,154	43,250	38,705	34,905	30,968	32,702	34,246	35,116	36,506	29,354	22,759	0	0	0
Interest income and other, net
10,248	9,870	13,987	7,577	6,013	5,880	3,986	3,681	4,507	3,667	3,847	2,422	1,742	1,021	1,067	910	992	956	555	645	496	536	1,636	1,788	2,109	2,630	2,470	2,575	2,134	1,851	1,159	843	993	848	585	887	0	0	0
Interest expense
59,217	57,453	55,750	53,326	52,104	51,056	49,768	49,267	48,984	48,467	46,851	44,476	42,629	40,803	40,478	40,589	40,038	41,280	43,191	45,851	49,949	49,945	48,899	46,805	43,231	41,797	39,976	38,423	37,195	36,319	35,834	35,772	35,919	34,511	29,773	24,968	0	0	0
Total
52,738	52,674	52,770	45,240	44,230	41,382	38,996	34,657	33,412	31,118	27,175	26,468	26,146	24,260	26,058	25,246	19,178	12,712	7,250	2,775	2,027	4,491	5,638	6,847	8,034	6,987	5,744	2,857	-156	-3,500	-1,973	-683	2,929	5,582	2,905	1,417	0	0	0
Income tax provision
15,208	15,154	15,616	13,556	13,130	12,715	23,656	23,898	24,888	25,242	11,180	10,664	10,435	9,331	12,541	12,027	9,343	7,816	5,186	4,056	2,940	3,694	-48,110	-49,207	-48,419	-49,702	1,930	1,259	1,644	751	-3,422	-2,507	-2,801	-1,960	1,249	925	0	0	0
Net income
37,530	37,520	37,154	31,684	31,100	28,667	15,340	10,759	8,524	5,876	15,995	15,804	15,711	14,929	13,517	13,219	9,835	4,896	2,064	-1,281	-913	797	53,748	56,054	56,453	56,689	3,814	1,598	-1,800	-4,251	1,449	1,824	5,730	7,542	1,656	492	0	0	0
Comprehensive income:
Net income
37,530	37,520	37,154	31,684	31,100	28,667	15,340	10,759	8,524	5,876	15,995	15,804	15,711	14,929	13,517	13,219	9,835	4,896	2,064	-1,281	-913	797	53,748	56,054	56,453	56,689	3,814	1,598	-1,800	-4,251	1,449	1,824	5,730	7,542	1,656	492	0	0	-
Foreign currency translation adjustment
-3,066	-1,398	-7,004	-2,780	-10,764	-6,328	-2,760	1,515	13,876	12,593	5,986	2,884	-5,246	-2,500	49	-411	3,239	-8,231	-8,543	-13,805	-15,532	-8,598	-4,945	2,430	2,800	1,469	2,067	1,227	-2,167	1,249	0	0	0	-	-	-	-	-	-
Comprehensive income
34,464	36,122	30,150	28,904	20,336	22,339	12,580	12,274	22,400	18,469	21,981	18,688	10,465	12,429	13,566	12,808	13,074	-3,335	-6,479	-15,086	-16,445	-7,801	48,803	58,484	59,253	58,158	5,881	2,825	-3,967	-3,002	-633	-5,077	2,742	5,916	0	0	0	-	-
Net income per common share:
Basic net income per common share (in dollars per share)
-	-	0.30	0.16	-	0.16	0.18	0.15	0.15	-	-	0.10	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.02
Diluted net income per common share (in dollars per share)
-	-	0.30	0.16	-	0.16	0.18	0.14	-	-	-	0.10	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.02
Basic and diluted net income per common share
0.20	-	-	-	0.20	-	-	-	-	-	0.08	-	0.09	-	0.08	0.09	0.08	-	0.07	0.02	-0.04	-	0.00	0.03	0.00	-	0.05	0.03	0.01	-	0.00	-0.04	-0.05	-	0.01	0.05	-0.01	-0.01	-
Dividends declared per common share (in dollars per share)
0.66	0.64	0.62	0.60	0.58	0.56	0.54	0.52	0.50	0.48	0.46	0.44	0.42	0.40	0.38	0.37	0.36	0.35	0.34	0.42	0.35	0.31	0.30	0.17	0.39	0.37	0.14	0.13	0.12	-	0.10	-	-	-	-	-	-	-	-
Weighted-average common shares - basic (in shares)
45,658	46,153	45,438	45,354	45,223	45,284	45,105	45,016	44,923	45,286	44,767	44,717	44,649	45,098	44,574	44,491	44,402	45,147	44,474	44,774	45,158	45,906	45,629	45,897	46,409	47,397	46,171	46,040	45,537	46,126	45,377	45,313	45,241	45,887	45,080	45,021	44,731	44,585	44,525
Weighted-average common shares - diluted (in shares)
46,391	46,745	46,019	45,912	45,644	45,803	45,699	45,536	45,294	45,712	45,118	44,988	44,917	45,324	44,816	44,757	44,593	45,723	44,702	45,054	45,158	46,567	45,629	46,294	46,907	47,959	46,823	46,769	46,435	46,126	45,377	45,313	45,241	46,975	45,559	45,548	44,731	44,585	44,525