Capella education co (CPLA)
Income statement / Quarterly
Jun'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'11Dec'10Sep'10Jun'10Mar'10Sep'09Jun'09
Revenues

111,563

111,967

112,032

107,007

109,584

111,788

111,308

105,909

106,725

105,448

106,129

100,134

104,584

105,701

94,719

103,097

104,832

105,596

105,985

100,703

103,693

105,242

107,001

99,309

106,180

109,400

109,983

102,306

106,400

111,354

114,723

105,010

105,157

101,233

83,569

80,096

Costs and expenses:
Instructional costs and services

49,350

48,432

48,679

49,621

48,369

48,412

47,526

47,656

45,502

45,311

45,575

46,539

45,527

45,242

38,365

47,143

45,530

47,300

45,906

45,984

44,900

46,967

49,388

47,422

46,704

48,433

-

-

-

-

-

-

-

-

-

-

Instructional costs and services

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

42,523

42,506

42,499

-

43,035

41,286

37,875

34,819

33,550

Marketing and promotional

27,739

28,016

27,901

26,660

27,308

27,525

27,319

25,338

24,922

25,879

23,971

24,604

24,713

26,341

21,117

25,509

23,113

25,761

26,107

26,489

24,101

25,501

24,276

25,674

25,437

25,422

4,161

33,673

30,818

35,321

-1,739

29,584

28,586

29,969

24,927

23,573

Admissions advisory

7,205

7,192

6,948

7,112

7,440

7,663

7,176

7,408

7,285

7,423

6,996

7,141

7,117

6,952

5,968

7,019

7,146

6,927

6,809

6,796

6,727

6,771

7,493

7,488

7,482

7,688

-

-

-

-

-

-

-

-

-

-

General and administrative

11,317

9,879

10,179

9,852

11,096

10,587

11,027

10,159

10,944

10,308

9,055

7,719

9,168

9,556

5,457

10,250

10,889

10,465

10,436

10,924

10,500

10,828

10,737

10,442

8,501

9,920

8,159

11,253

9,173

9,205

8,847

11,384

12,803

10,174

9,279

8,719

Merger-related costs

873

522

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Lease amendment charges

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

2,690

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Reduction of workforce

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,305

0

0

1,862

0

0

0

0

-

-

Total costs and expenses

96,484

94,041

113,672

93,245

94,213

94,187

93,048

90,561

88,653

88,921

85,597

86,003

86,525

88,091

70,907

89,921

89,368

90,453

89,258

90,193

86,228

90,067

91,894

91,026

88,124

91,463

91,108

87,449

82,497

88,887

86,426

84,003

82,675

78,018

69,025

65,842

Operating income (loss)

15,079

17,926

-1,640

13,762

15,371

17,601

18,260

15,348

18,072

16,527

20,532

14,131

18,059

17,610

23,812

13,176

15,464

15,143

16,727

10,510

17,465

15,175

15,107

8,283

18,056

17,937

18,875

14,857

23,903

22,467

28,297

21,007

22,482

23,215

14,544

14,254

Other income (expense), net

695

496

401

229

56

107

98

46

42

-9

-105

-5

-10

-13

282

-46

-171

-342

284

-238

-25

-200

-41

-21

60

-43

337

477

472

525

508

504

528

498

529

702

Income from continuing operations before income taxes

15,774

18,422

-1,239

13,991

15,427

17,708

18,358

15,394

18,114

16,518

20,427

14,126

18,049

17,597

24,094

13,130

15,293

14,801

17,011

10,272

17,440

14,975

15,066

8,262

18,116

17,894

19,212

15,334

24,375

22,992

28,805

21,511

23,010

23,713

15,073

14,956

Income tax expense

3,984

4,575

6,031

5,237

4,672

6,537

6,891

5,807

7,040

6,242

7,734

5,324

6,851

6,660

7,875

5,373

6,249

5,984

6,995

4,262

7,018

6,220

6,417

3,139

6,704

6,787

7,333

5,549

8,996

8,492

10,840

8,033

8,436

8,551

5,290

5,416

Income from continuing operations

11,790

13,847

-7,270

8,754

10,755

11,171

11,467

9,587

11,074

10,276

12,693

8,802

11,198

10,937

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income (loss) from discontinued operations, net of tax

0

0

0

0

0

95

-41

2,963

-1,379

-978

-1,045

-630

-867

-900

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

8,649

5,123

11,412

11,107

11,879

9,785

15,379

14,500

17,965

13,478

14,574

15,162

-

-

Net loss attributable to noncontrolling interest

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-186

-178

-149

-136

-109

-91

0

0

0

-

-

Net Income

11,790

13,847

-7,270

8,754

10,755

11,266

11,426

12,550

9,695

9,298

11,648

8,172

10,331

10,037

12,325

7,757

9,044

8,817

10,016

6,010

10,422

8,755

8,649

5,123

11,412

11,293

12,057

9,934

15,515

14,609

18,056

13,478

14,574

15,162

9,783

9,540

Net income per common share:
Basic net income per share - continuing operations

1.01

1.19

-0.63

0.75

0.92

0.97

1.00

0.83

0.95

0.87

1.07

0.73

0.92

0.89

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Basic net income (loss) per share - discontinued operations

0.00

0.00

0.01

0.00

0.00

0.00

-0.01

0.26

-0.12

-0.08

-0.09

-0.05

-0.07

-0.07

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Basic net income per common share

1.01

1.19

-0.62

0.75

0.92

0.97

0.99

1.09

0.83

0.79

0.98

0.68

0.85

0.82

1.01

0.63

0.74

0.71

0.81

0.48

0.84

0.71

0.71

0.39

0.85

0.82

0.86

0.66

1.00

0.90

1.10

0.81

0.87

0.90

0.59

0.57

Diluted net income per share - continuing operations

0.99

1.16

-0.61

0.73

0.90

0.94

0.98

0.81

0.93

0.86

1.05

0.72

0.90

0.88

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Diluted net income (loss) per share - discontinued operations

0.00

0.00

0.01

0.00

0.00

0.00

-0.02

0.25

-0.11

-0.08

-0.08

-0.05

-0.07

-0.08

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Diluted net income per common share

0.99

1.16

-0.60

0.73

0.90

0.94

0.96

1.06

0.82

0.78

0.97

0.67

0.83

0.80

0.99

0.62

0.72

0.70

0.79

0.48

0.83

0.70

0.70

0.39

0.85

0.82

0.85

0.66

0.99

0.90

1.09

0.80

0.86

0.89

0.57

0.56

Weighted average number of common shares outstanding:
Weighted average shares outstanding - Basic

11,703

11,645

11,630

11,659

11,644

11,559

11,515

11,538

11,648

11,755

11,874

12,027

12,187

12,228

12,241

12,268

12,293

12,342

12,383

12,394

12,394

12,393

12,567

12,974

13,369

13,714

14,187

15,006

15,589

16,182

16,406

16,634

16,771

16,781

16,718

16,708

Weighted average shares outstanding - Diluted

11,963

11,950

11,936

11,936

11,992

11,936

11,809

11,790

11,872

11,953

12,082

12,237

12,400

12,485

12,505

12,505

12,518

12,612

12,697

12,591

12,498

12,478

12,639

13,033

13,425

13,783

14,238

15,062

15,666

16,290

16,529

16,807

17,010

17,046

17,022

17,045

Cash dividends declared per common share

0.43

0.43

0.43

0.41

0.41

0.41

0.41

0.39

0.39

0.39

0.39

0.37

0.37

0.37

0.37

0.35

0.35

0.35

0.35

0.00

0.00

0.00

-

-

-

-

-

-

-

-

-

-

-

-

-

-