Cross country healthcare, inc (CCRN)
Income statement / Quarterly
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 from services

210,064

-

209,200

202,757

195,171

-

200,717

204,572

210,288

-

228,488

209,313

207,573

222,523

214,988

199,443

196,583

193,148

195,692

192,617

185,964

188,134

188,944

122,656

118,091

109,179

108,048

110,768

110,316

111,730

112,258

108,847

109,800

60,120

131,169

126,042

122,046

115,687

117,837

Gross profit

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

54,846

51,046

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating expenses:
Direct operating expenses

160,461

161,935

158,194

151,169

146,917

150,348

149,155

150,883

156,535

161,371

168,008

152,785

154,298

164,890

156,778

144,597

145,537

142,669

144,206

144,254

138,927

140,493

141,667

90,220

87,641

80,617

79,864

82,930

81,440

83,787

84,802

81,711

80,750

44,059

95,426

91,433

89,070

83,258

84,185

Selling, general and administrative expenses

45,881

45,572

44,407

45,944

46,036

45,226

44,086

45,284

45,634

46,253

47,346

46,600

47,236

46,290

45,922

44,675

42,933

39,991

39,227

40,891

41,166

41,538

40,858

29,167

29,455

26,945

25,504

26,603

27,065

27,056

26,832

27,646

27,883

17,137

29,061

29,475

28,871

26,630

27,322

Bad debt expense

539

505

588

645

270

892

502

611

199

746

433

326

323

97

19

228

249

228

549

131

91

295

257

32

432

309

215

132

422

194

268

207

117

339

146

-149

238

115

-211

Depreciation and amortization

3,296

4,627

2,907

3,557

2,984

3,016

2,892

2,963

2,909

2,849

2,849

2,285

2,191

2,213

2,092

2,465

2,412

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Acquisition and integration-related costs

77

-

-

-

512

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Depreciation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

953

989

960

1,070

1,005

817

974

934

890

1,040

1,022

1,107

1,035

1,365

1,398

772

1,548

1,804

1,841

1,782

2,221

Amortization

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

982

983

982

995

1,011

784

785

610

552

566

566

565

566

566

566

-281

833

877

965

963

963

Loss on sale of business

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-2,184

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Acquisition-related contingent consideration

-

-

-426

253

-

2,108

16

220

213

98

-605

281

270

107

237

183

287

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Business Combination, Acquisition Related Costs

-

-

0

46

-

230

70

76

115

22

1,366

587

0

-

0

0

-

160

584

40

118

2,532

2,383

2,747

295

473

0

0

0

-

-

-

-

-

-

-

-

-

-

Restructuring costs

564

687

1,607

137

1,140

779

1,351

193

435

302

724

0

0

-

611

-

-

-

140

1,007

-

-

0

755

-

-

109

375

-

-

0

0

-

-

-

-

-

-

-

Legal settlement charges

-

-

0

1,600

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Legal settlement charge

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-750

-

-

0

0

-

-

-

-

-

-

-

Impairment charges

-

-

1,804

14,500

-

-

0

0

-

-

-

-

-

-

0

24,311

-

-

0

0

-

-

-

-

-

-

-

-

-

-

0

18,732

-

-

-

-

-

-

-

Total operating expenses

210,818

213,142

209,081

217,853

197,859

225,022

198,072

200,230

206,040

225,997

220,121

202,864

204,318

503,951

205,659

71,862

45,881

187,492

188,825

188,295

182,244

197,008

187,181

124,522

119,582

116,288

107,134

112,396

110,515

112,709

113,503

130,227

110,714

62,027

127,014

123,440

120,985

112,748

114,480

Loss from operations

-754

1,954

119

-15,096

-2,688

-24,115

2,645

4,342

4,248

-6,323

8,367

6,449

3,255

8,706

9,329

-17,016

5,165

5,656

6,867

4,322

3,720

-8,874

1,763

-1,866

-1,491

-7,109

914

-1,628

-199

-979

-1,245

-21,380

-914

-1,906

4,155

2,602

1,061

2,939

3,357

Other expenses (income):
Foreign exchange loss (gain)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

53

110

-9

65

-108

159

-54

138

148

-6

-17

-57

28

Interest expense

867

1,048

1,398

1,438

1,422

1,429

1,512

1,447

1,266

1,239

1,221

535

1,219

1,428

1,435

1,608

1,635

1,647

1,654

1,772

1,737

1,784

1,832

289

255

215

190

164

280

433

698

581

629

676

730

722

728

1,173

1,168

Derivative, Gain (Loss) on Derivative, Net

-

-

-1,284

-

-

-

0

-

-

0

0

0

1,581

-14,165

7,105

-3,571

16,436

-9,516

-2,894

362

2,147

-9,363

-7,308

0

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

Loss on early extinguishment of debt

0

-1,470

-94

-54

-360

-43

-36

0

0

0

0

0

-4,969

0

0

-1,568

0

-

0

0

-

-

-

-

-

0

0

0

-1,419

-

-82

0

-

-

-

-

-

-

-

Other income, net

31

-144

54

76

82

49

170

98

101

39

57

59

0

87

92

34

17

276

100

-27

-43

46

62

-20

-107

168

32

-10

61

23

89

-92

-36

69

67

78

83

39

41

Loss before income taxes

-1,590

-708

-2,603

-16,512

-4,388

-25,538

1,267

2,993

3,083

-7,523

7,203

5,973

-1,352

-6,800

15,091

-23,729

19,983

-5,231

2,419

2,885

4,087

-19,975

-7,315

-2,175

-1,853

-7,310

809

-1,692

-1,846

-1,324

-2,044

-21,894

-1,633

-2,373

3,640

1,952

399

1,748

2,258

Income tax expense (benefit)

178

-108

94

34,758

-3,012

-6,195

1,385

1,169

1,163

-35,779

159

753

366

849

802

-6,634

797

696

-2,732

205

1,037

112

169

1,006

-1,071

45,612

-644

-257

-500

-2,329

-2,763

-3,053

1,995

-355

1,854

379

192

832

1,080

Income (loss) from continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-52,922

1,453

-1,435

-1,346

-2,985

719

-18,841

362

-

-

-

-

-

-

Income from discontinued operations, net of income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

338

-539

-22

2,504

-6,548

-18,319

4,337

-946

-

-

-

-

-

-

Consolidated net loss

-1,768

-600

-2,697

-51,270

-1,376

-19,343

-118

1,824

1,920

28,256

7,044

5,220

-1,718

-7,649

14,289

-17,095

19,186

-5,927

5,151

2,680

3,050

-20,087

-7,484

-3,181

-782

-

914

-

-

-

-

-

-

-

-

-

-

-

-

Less: Net income attributable to noncontrolling interest in subsidiary

321

544

431

404

391

348

323

285

278

306

321

370

292

235

223

142

164

171

142

107

116

131

118

0

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

Net loss attributable to common shareholders

-2,089

-1,144

-3,128

-51,674

-1,767

-19,691

-441

1,539

1,642

27,950

6,723

4,850

-2,010

-7,884

14,066

-17,237

19,022

-6,098

5,009

2,573

2,934

-20,218

-7,602

-3,181

-782

-52,584

914

-1,457

1,158

-9,533

-17,600

-14,504

-584

531

1,786

1,573

207

916

1,178

Net loss per share attributable to common shareholders - Basic and Diluted (in dollars per share)

-0.06

-

-

-

-0.05

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income (loss) per share attributable to common shareholders - Basic
Continuing operations (usd per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.05

-0.05

-0.04

-0.09

0.02

-0.61

0.01

-

-

-

-

-

-

Discontinued operations (usd per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.02

0.00

0.08

-0.22

-0.59

0.14

-0.03

-

-

-

-

-

-

Earnings Per Share, Basic

-

-

-0.09

-1.44

-

-0.56

-0.01

0.04

0.05

0.80

0.19

0.14

-0.06

-0.25

0.44

-0.54

0.60

-0.19

0.16

0.08

0.09

-0.65

-0.24

-0.10

-0.03

-

0.03

-0.05

0.04

-0.31

-0.57

-0.47

-0.02

0.01

0.06

0.05

0.01

0.03

0.04

Net income (loss) per share attributable to common shareholders - Diluted
Continuing operations (usd per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.05

-0.05

-0.04

-0.09

0.02

-0.61

0.01

-

-

-

-

-

-

Discontinued operations (usd per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.02

0.00

0.08

-0.22

-0.59

0.14

-0.03

-

-

-

-

-

-

Earnings Per Share, Diluted

-

-

-0.09

-1.44

-

-0.56

-0.01

0.04

0.05

0.77

0.19

0.13

-0.08

0.38

0.22

-0.54

0.09

-0.15

0.16

0.08

0.05

-0.65

-0.24

-0.10

-0.03

-

0.03

-0.05

0.04

-0.31

-0.57

-0.47

-0.02

0.01

0.06

0.05

0.01

0.03

0.04

Weighted average common shares outstanding:
Basic and Diluted (in shares)

35,873

-

-

-

35,700

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Weighted average common shares outstanding—basic (shares)

-

-

35,865

35,824

-

35,579

35,594

35,652

35,803

35,801

35,748

35,651

32,872

32,266

32,221

32,085

31,956

31,823

31,541

31,398

31,294

31,266

31,245

31,151

31,098

31,088

31,085

30,961

30,902

30,905

30,902

30,799

30,766

31,108

31,225

31,148

31,103

31,088

31,041

Weighted average common shares outstanding—diluted (shares)

-

-

35,865

35,824

-

35,115

35,594

35,832

36,087

36,127

36,036

36,021

36,480

40,464

36,255

32,085

36,180

28,986

32,168

32,040

35,454

31,266

31,245

31,151

31,098

31,012

31,161

30,961

30,902

30,811

30,925

30,799

30,837

31,118

31,242

31,218

31,190

31,112

31,220