Capella education co (CPLA)
Income statement / TTM
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

442,569

440,590

440,411

439,687

438,589

435,730

429,390

424,211

418,436

416,295

416,548

405,138

408,101

408,349

408,244

419,510

417,116

415,977

415,623

416,639

415,245

417,732

421,890

424,872

427,869

428,089

430,043

434,783

437,487

436,244

426,123

394,969

370,055

0

0

0

Costs and expenses:
Instructional costs and services

196,082

195,101

195,081

193,928

191,963

189,096

185,995

184,044

182,927

182,952

182,883

175,673

176,277

176,280

178,338

185,879

184,720

184,090

183,757

187,239

188,677

190,481

191,947

0

0

0

-

-

-

-

-

-

-

-

-

-

Instructional costs and services

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

157,015

147,530

0

0

0

Marketing and promotional

110,316

109,885

109,394

108,812

107,490

105,104

103,458

100,110

99,376

99,167

99,629

96,775

97,680

96,080

95,500

100,490

101,470

102,458

102,198

100,367

99,552

100,888

100,809

80,694

88,693

94,074

103,973

98,073

93,984

91,752

86,400

113,066

107,055

0

0

0

Admissions advisory

28,457

28,692

29,163

29,391

29,687

29,532

29,292

29,112

28,845

28,677

28,206

27,178

27,056

27,085

27,060

27,901

27,678

27,259

27,103

27,787

28,479

29,234

30,151

0

0

0

-

-

-

-

-

-

-

-

-

-

General and administrative

41,227

41,006

41,714

42,562

42,869

42,717

42,438

40,466

38,026

36,250

35,498

31,900

34,431

36,152

37,061

42,040

42,714

42,325

42,688

42,989

42,507

40,508

39,600

37,022

37,833

38,505

37,790

38,478

38,609

42,239

43,208

43,640

40,975

0

0

0

Merger-related costs

0

0

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Lease amendment charges

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Reduction of workforce

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,167

1,862

1,862

1,862

0

0

0

0

-

-

Total costs and expenses

397,442

395,171

395,317

374,693

372,009

366,449

361,183

353,732

349,174

347,046

346,216

331,526

335,444

338,287

340,649

359,000

359,272

356,132

355,746

358,382

359,215

361,111

362,507

361,721

358,144

352,517

349,941

345,259

341,813

341,991

331,122

313,721

295,560

0

0

0

Operating income (loss)

45,127

45,419

45,094

64,994

66,580

69,281

68,207

70,479

69,262

69,249

70,332

73,612

72,657

70,062

67,595

60,510

57,844

59,845

59,877

58,257

56,030

56,621

59,383

63,151

69,725

75,572

80,102

89,524

95,674

94,253

95,001

81,248

74,495

0

0

0

Other income (expense), net

1,821

1,182

793

490

307

293

177

-26

-77

-129

-133

254

213

52

-277

-275

-467

-321

-179

-504

-287

-202

-45

333

831

1,243

1,811

1,982

2,009

2,065

2,038

2,059

2,257

0

0

0

Income from continuing operations before income taxes

46,948

46,601

45,887

65,484

66,887

69,574

68,384

70,453

69,185

69,120

70,199

73,866

72,870

70,114

67,318

60,235

57,377

59,524

59,698

57,753

55,743

56,419

59,338

63,484

70,556

76,815

81,913

91,506

97,683

96,318

97,039

83,307

76,752

0

0

0

Income tax expense

19,827

20,515

22,477

23,337

23,907

26,275

25,980

26,823

26,340

26,151

26,569

26,710

26,759

26,157

25,481

24,601

23,490

24,259

24,495

23,917

22,794

22,480

23,047

23,963

26,373

28,665

30,370

33,877

36,361

35,801

35,860

30,310

27,693

0

0

0

Income from continuing operations

27,121

26,086

23,410

42,147

42,980

43,299

42,404

43,630

42,845

42,969

43,630

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income (loss) from discontinued operations, net of tax

0

0

95

54

3,017

1,638

565

-439

-4,032

-3,520

-3,442

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

36,291

39,521

44,183

48,150

51,543

57,629

61,322

60,517

61,179

0

0

0

-

-

Net loss attributable to noncontrolling interest

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-186

-364

-513

-649

-572

-485

-336

-200

-91

0

0

0

-

-

Net Income

27,121

26,086

23,505

42,201

45,997

44,937

42,969

43,191

38,813

39,449

40,188

40,865

40,450

39,163

37,943

35,634

33,887

35,265

35,203

33,836

32,949

33,939

36,477

39,885

44,696

48,799

52,115

58,114

61,658

60,717

61,270

52,997

49,059

0

0

0

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

-

-

-

-

-

-

-

-

-

-

-

-

-

-