COMPUTER PROGRAMS AND SYSTEMS, INC CPSI Income Statement

Computer programs and systems, inc (CPSI)

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
Sales revenues:
Support and maintenance
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	73,037	72,790	72,073	71,505	70,377	69,163	68,304	67,293	64,916	65,329	64,656	64,152	64,544	61,816	0	0	0
Total sales revenues
275,250	274,634	276,323	276,921	278,670	280,411	286,146	283,962	283,734	276,927	263,416	260,966	261,704	267,272	246,952	226,906	205,577	182,174	184,210	192,920	198,887	204,742	209,748	203,201	203,409	200,863	197,504	195,898	188,368	183,309	177,606	174,477	177,585	173,476	172,177	167,845	0	0	0
Costs of sales:
System sales and support
-	-	-	-	-	-	-	-	78,923	-	82,212	82,994	85,127	87,882	77,236	69,352	61,379	52,500	65,631	63,893	61,273	59,079	43,837	43,991	45,782	47,839	50,488	50,774	50,370	49,018	47,213	46,531	47,381	47,602	49,086	49,960	0	0	0
TruBridge
-	-	-	-	-	-	-	-	51,153	-	48,168	46,549	46,232	45,656	43,377	41,255	38,097	35,216	29,572	30,033	31,030	31,716	36,488	34,711	32,798	30,646	28,919	27,690	26,403	25,919	25,599	23,990	22,394	20,618	19,353	18,821	0	0	0
Support and maintenance
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	29,062	28,742	28,774	28,639	28,606	28,582	28,082	27,710	26,730	26,431	26,267	25,844	25,910	25,027	0	0	0
Total costs of sales
132,107	130,489	129,085	129,474	130,912	130,683	131,889	131,449	130,076	129,654	130,380	129,543	131,359	133,538	120,613	110,607	99,476	87,716	73,249	79,426	84,929	90,795	109,387	107,445	107,355	107,126	108,014	107,048	104,856	102,648	99,543	96,953	96,042	94,065	94,350	93,810	0	0	0
Gross profit
143,143	144,145	147,238	147,447	147,758	149,728	154,257	152,513	153,658	147,273	133,036	131,423	130,345	133,734	126,339	116,299	106,101	94,458	110,961	113,494	113,957	113,947	100,360	95,755	96,053	93,736	89,489	88,850	83,512	80,660	78,062	77,524	81,542	79,411	77,826	74,034	0	0	0
Operating expenses:
Product development
35,943	36,900	36,707	36,854	36,871	36,400	36,335	35,280	34,380	33,700	30,075	30,222	29,987	29,100	27,288	22,446	17,837	14,229	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Sales and marketing
27,279	27,774	29,097	29,989	30,491	30,713	32,537	33,519	33,608	33,021	30,115	28,481	27,591	27,194	24,780	22,449	20,472	18,333	22,454	21,452	20,346	19,720	14,899	14,624	15,125	14,737	14,626	14,719	14,225	14,290	13,701	13,903	14,129	13,413	13,683	12,906	0	0	0
General and administrative
43,944	43,921	45,413	45,637	46,735	47,275	49,734	47,893	47,626	46,923	45,050	46,302	45,511	52,888	51,803	51,520	47,409	36,810	33,340	30,516	29,972	30,018	29,269	28,087	28,805	28,755	28,217	28,520	26,899	25,093	24,918	24,531	25,610	24,702	25,697	25,505	0	0	0
Amortization of acquisition-related intangibles
11,349	11,006	10,731	10,323	10,408	10,487	10,498	10,407	10,407	10,406	10,405	10,405	10,428	10,182	7,580	4,979	2,355	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total operating expenses
118,476	119,562	121,919	122,774	124,476	124,846	157,141	155,136	154,058	152,087	115,640	115,405	113,512	119,359	111,451	101,394	88,073	69,372	81,124	73,743	68,523	64,360	44,168	42,712	43,931	43,492	42,844	43,240	41,125	39,383	38,620	38,435	39,739	38,116	39,380	38,412	0	0	0
Operating income
24,667	24,583	25,319	24,673	23,282	24,882	-2,884	-2,623	-400	-4,814	17,396	16,018	16,833	14,375	14,888	14,905	18,028	25,086	29,836	39,750	45,433	49,587	56,192	53,042	52,121	50,243	46,645	45,610	42,387	41,277	39,442	39,089	41,803	41,294	38,446	35,622	0	0	0
Other income (expense):
Other income
-773	-887	-6,832	-6,635	-6,724	-6,774	-8,318	-8,417	-8,541	-8,669	-6,268	-6,317	-6,318	-6,389	191	275	321	405	392	324	275	152	174	219	289	466	496	645	697	720	785	704	673	667	714	652	0	0	0
Interest expense
6,069	6,694	7,232	7,359	7,403	7,577	7,543	7,776	7,907	7,736	7,589	7,244	6,948	6,609	4,827	3,110	1,468	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total other income (expense)
0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-
Income before taxes
24,519	23,696	18,832	18,256	16,732	18,108	-11,009	-11,080	-9,112	-13,483	10,148	9,066	10,176	7,986	10,252	12,070	16,881	25,491	30,228	40,075	45,709	49,739	56,366	53,261	52,411	50,710	47,142	46,255	43,084	41,997	40,227	39,794	42,476	41,962	39,160	36,275	0	0	0
Provision for income taxes
3,405	3,228	2,002	-188	-377	476	484	3,874	4,583	3,933	4,026	3,633	4,334	4,053	4,927	4,805	5,709	7,148	8,535	12,565	14,996	16,819	20,145	19,126	18,896	17,967	15,305	14,762	11,816	12,024	12,837	13,339	16,367	16,129	14,993	13,832	0	0	0
Net income
21,114	20,468	16,830	18,444	17,109	17,632	-11,493	-14,954	-13,695	-17,416	6,122	5,433	5,842	3,933	5,325	7,265	11,172	18,343	21,693	27,509	30,712	32,920	36,220	34,135	33,514	32,743	31,837	31,492	31,268	29,973	27,389	26,454	26,109	25,833	24,166	22,442	0	0	0
Net income (loss) per common share-basic (in dollars per share)
0.28	0.78	0.29	0.12	0.24	0.54	0.41	0.02	0.29	-1.57	0.17	0.11	0.02	0.15	0.12	0.15	-0.13	0.30	0.31	0.52	0.49	0.61	0.83	0.81	0.69	0.89	0.66	0.77	0.63	0.82	0.63	0.75	0.51	0.59	0.54	0.72	0.49	0.45	0.39
Net income (loss) per common share-diluted (in dollars per share)
0.28	0.78	0.29	0.12	0.24	0.54	0.41	0.02	0.29	-1.57	0.17	0.11	0.02	0.15	0.12	0.15	-0.13	0.30	0.31	0.52	0.49	0.61	0.83	0.81	0.69	0.89	0.66	0.77	0.63	0.82	0.63	0.75	0.51	0.59	0.54	0.72	0.49	0.45	0.39
Weighted average shares outstanding used in per common share computations:
Weighted average shares outstanding used in per common share computations:
Basic (in shares)
13,904	13,833	13,829	13,794	13,656	13,604	13,604	13,561	13,475	13,451	13,431	13,420	13,374	13,351	13,327	13,317	13,025	11,110	11,091	11,079	11,052	11,048	11,027	11,022	11,005	10,827	11,085	11,000	11,078	10,715	11,065	11,063	11,063	11,064	11,063	11,044	10,962	10,962	10,962
Diluted (in shares)
13,904	13,833	13,829	13,794	13,656	13,632	13,604	13,561	13,475	13,451	13,431	13,420	13,374	13,303	13,327	13,365	13,025	11,110	11,091	11,079	11,052	11,048	11,027	11,022	11,005	10,827	11,085	11,000	11,078	10,715	11,065	11,063	11,063	11,064	11,063	11,044	10,962	10,962	10,962
Dividends declared per common share (in dollars per share)
0.10	-	0.10	0.10	0.10	-	0.10	0.10	0.10	-	0.30	0.20	0.25	-	0.34	0.64	0.64	-	0.64	0.64	0.64	-	0.57	0.57	0.57	-	0.51	0.51	0.51	-	0.46	0.46	0.46	-	0.36	0.36	0.36	0.36	0.36
System sales and support
Total sales revenues
163,291	165,352	171,119	174,554	177,660	180,164	187,920	187,861	190,589	188,261	177,399	177,134	179,379	185,665	169,893	153,886	136,977	118,385	176,800	169,462	159,315	148,652	82,381	77,810	79,524	79,792	79,372	80,748	76,200	72,553	67,909	66,346	72,111	70,643	72,680	71,548	0	0	0
Total costs of sales
74,122	73,872	74,354	75,121	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
TruBridge
Total sales revenues
111,959	109,282	105,204	102,367	101,010	100,247	98,226	96,101	93,145	88,666	86,017	83,832	82,325	81,607	77,059	73,020	68,600	63,789	62,352	60,157	57,817	56,090	54,329	52,600	51,811	49,565	47,754	45,987	43,863	43,463	44,780	42,801	40,817	38,679	34,952	34,480	0	0	0
Total costs of sales
57,985	56,617	55,250	54,758	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-