Csg systems international, inc. (CSGS)
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

245,617

254,747

251,414

245,856

244,793

247,267

213,055

213,033

201,704

205,204

199,195

192,713

192,470

195,169

189,311

190,252

186,226

197,288

186,960

182,641

185,631

193,697

185,003

184,558

188,028

194,549

186,180

186,107

180,632

198,007

190,001

183,851

185,007

187,574

182,753

181,312

183,092

133,691

131,346

Cost of revenue (exclusive of depreciation, shown separately below)

131,206

131,871

132,054

132,234

128,963

-

109,052

109,492

-

-

99,717

97,660

-

-

-

-

-

-

-

-

-

-

94,470

93,682

102,104

-

94,898

94,758

93,354

100,916

100,411

92,520

89,969

91,022

92,988

90,876

90,764

67,795

74,837

Total cost of revenues

-

-

-

-

-

-

-

-

101,096

-

-

-

97,708

99,461

93,420

92,783

89,483

95,497

92,182

91,796

100,266

184,327

69,225

67,364

68,427

187,440

65,184

62,964

61,577

66,501

67,585

62,334

61,960

60,548

62,167

60,802

61,259

61,675

68,925

Other operating expenses:
Research and development

30,337

32,213

32,551

30,645

32,591

32,191

31,477

30,953

29,379

28,097

30,324

27,939

26,840

27,204

23,572

24,281

23,626

25,383

24,941

25,897

25,729

26,939

26,329

26,437

25,007

26,315

27,600

27,548

28,545

28,696

28,526

27,794

27,922

26,663

27,921

27,920

28,638

19,113

18,990

Selling, general and administrative

44,384

53,345

46,694

45,372

45,918

48,793

39,243

40,624

40,648

43,714

35,816

36,819

37,346

38,928

32,508

34,980

34,051

37,578

34,247

34,572

33,442

40,013

39,036

39,140

35,299

41,924

38,444

37,388

34,797

39,396

33,963

33,799

31,625

31,470

31,011

32,526

33,339

19,396

16,678

Depreciation

5,565

5,503

5,365

5,441

5,113

5,011

4,831

4,548

3,914

3,405

3,344

3,316

3,315

3,193

3,398

3,509

3,516

3,508

3,723

3,850

3,695

3,605

3,553

3,440

3,486

4,254

4,609

4,770

5,000

5,202

5,373

5,874

5,837

6,511

6,404

6,273

6,247

4,865

6,091

Restructuring and reorganization charges

966

1,563

1,330

1,826

115

1,633

2,799

3,329

900

4,199

1,618

2,731

248

1,017

-185

5,325

-5,741

1,252

846

370

606

4,928

7,784

39

1,218

11,466

76

-38

901

1,648

0

119

702

-

1,662

1,346

-

-

-7

Total operating expenses

212,458

224,489

217,994

215,518

212,700

217,842

187,402

188,946

175,937

179,156

170,819

168,465

165,457

169,803

152,713

160,878

144,935

163,218

155,939

156,485

163,738

174,572

171,172

162,738

167,114

178,114

165,627

164,426

162,597

175,858

168,273

160,106

156,055

160,531

159,986

158,941

158,988

111,169

116,589

Operating income

33,159

30,258

33,420

30,338

32,093

29,425

25,653

24,087

25,767

26,048

28,376

24,248

27,013

25,366

36,598

29,374

41,291

34,070

31,021

26,156

21,893

19,125

13,831

21,820

20,914

16,435

20,553

21,681

18,035

22,149

21,728

23,745

28,952

27,043

22,767

22,371

24,104

22,522

14,757

Other income (expense):
Interest expense

4,213

4,300

4,390

4,498

4,560

4,465

4,456

4,480

4,266

4,156

4,186

4,146

4,306

4,386

4,398

4,473

3,005

2,536

2,526

2,537

3,368

2,553

2,582

2,546

2,772

2,897

2,615

3,180

2,929

3,647

4,078

4,106

4,152

4,185

4,175

4,325

4,341

1,562

1,629

Amortization of original issue discount

730

720

709

700

690

680

671

661

652

643

634

625

888

1,010

1,062

1,136

1,658

1,607

1,576

1,547

1,516

1,487

1,460

1,430

1,404

1,377

1,351

1,325

1,299

1,274

1,251

1,226

1,203

1,179

1,158

1,420

1,449

1,462

1,685

Interest and investment income, net

529

457

392

417

519

390

675

770

811

936

800

704

806

759

707

523

468

364

278

229

167

191

169

225

213

172

174

188

155

220

263

152

220

169

186

175

234

157

251

Loss on repurchase of convertible notes

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-332

-5,108

-3,211

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss on extinguishment of debt

-

-

-

-

-

0

0

0

-810

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1,683

-

Other, net

-69

-1,481

108

1,280

-1,511

897

-709

1,008

-646

-514

-970

122

-275

-1,268

-1,354

-1,895

-791

-1,050

746

145

-465

1,439

106

-328

51

149

-130

1,498

-418

208

452

277

-205

292

2,151

-985

-303

13

6

Total other

-4,483

-6,044

-4,599

-3,501

-6,242

-3,858

-5,161

-3,363

-5,563

-4,377

-4,990

-3,945

-4,663

-5,905

-6,439

-12,089

-8,197

-4,829

-3,078

-3,710

-5,182

-2,410

-3,767

-4,079

-3,912

-3,953

-3,922

-2,819

-4,491

-4,493

-4,614

-4,903

-5,340

-4,903

-2,996

-6,555

-5,859

-4,537

-3,057

Income before income taxes

28,676

24,214

28,821

26,837

25,851

25,567

20,492

20,724

20,204

21,671

23,386

20,303

22,350

19,461

30,159

17,285

33,094

29,241

27,943

22,446

16,711

16,715

10,064

17,741

17,002

12,482

16,631

18,862

13,544

17,656

17,114

18,842

23,612

22,140

19,771

15,816

18,245

17,985

11,700

Income tax provision

7,162

1,633

7,262

7,458

6,600

4,669

4,391

5,607

6,190

6,705

8,806

8,722

2,113

6,814

12,265

6,448

11,590

5,573

11,196

9,652

7,353

5,331

4,831

8,338

7,311

9,484

1,331

6,790

-1,354

1,866

7,701

6,972

11,806

10,846

9,292

6,801

6,751

6,295

234

Net income

21,514

22,581

21,559

19,379

19,251

20,898

16,101

15,117

14,014

14,966

14,580

11,581

20,237

12,647

17,894

10,837

21,504

23,668

16,747

12,794

9,358

11,384

5,233

9,403

9,691

2,998

15,300

12,072

14,898

15,790

9,413

11,870

11,806

11,294

10,479

9,015

11,494

11,690

11,466

Total

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

31,980

32,195

32,458

-

32,906

33,027

-

-

-

Weighted-average shares outstanding:
Participating restricted stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2

-1

1

66

127

141

161

327

464

531

Basic

31,994

31,967

32,016

32,093

32,128

32,328

32,507

32,589

32,528

32,511

32,561

32,572

32,016

31,105

31,063

30,942

30,762

30,944

30,920

30,798

31,542

32,254

32,604

32,619

32,319

32,126

32,084

32,125

32,133

32,070

31,980

32,194

32,392

32,255

32,765

32,866

32,610

32,365

32,303

Total

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

32,937

32,829

32,834

Diluted

32,358

32,446

32,518

32,458

32,438

32,604

32,806

32,908

33,102

32,969

32,901

32,996

32,594

32,934

32,639

32,811

33,672

34,030

33,287

33,095

33,340

33,370

33,996

33,543

34,035

33,862

32,664

32,439

32,527

32,636

32,398

32,309

32,561

32,521

32,887

33,072

32,852

32,625

32,562

Total

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

32,398

32,310

32,627

-

33,028

33,233

-

-

-

Earnings per common share:
Participating restricted stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

327

464

531

Total

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

33,179

33,089

33,093

Basic

0.67

0.71

0.67

0.60

0.60

0.65

0.50

0.46

0.43

0.45

0.45

0.36

0.63

0.40

0.58

0.35

0.70

0.75

0.54

0.42

0.30

0.35

0.16

0.29

0.30

0.09

0.48

0.38

0.46

0.50

0.29

0.37

0.36

0.35

0.32

0.27

0.35

0.36

0.35

Diluted

0.66

0.70

0.66

0.60

0.59

0.64

0.49

0.46

0.42

0.46

0.44

0.35

0.62

0.38

0.55

0.33

0.64

0.70

0.50

0.39

0.28

0.35

0.15

0.28

0.28

0.08

0.47

0.37

0.46

0.49

0.29

0.37

0.36

0.34

0.32

0.27

0.35

0.35

0.35

Cash dividends declared per common share

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.17

0.17

0.17

0.15

0.15

0.15

0.15

-

0.15

0.15

-

-

-

-

-

-

-

-

-

-

-

Cloud and Related Solutions
Total revenues

-

-

-

-

-

-

186,473

187,401

177,516

-

164,789

157,879

158,777

155,913

151,217

149,992

149,814

148,401

143,887

141,289

143,833

142,413

140,981

136,357

142,358

138,341

133,294

131,184

134,634

135,980

138,993

133,362

136,314

133,076

131,099

129,113

131,378

124,984

121,363

Total cost of revenues

-

-

-

-

-

-

95,092

95,212

86,908

-

79,856

77,286

76,052

76,374

70,150

70,195

66,233

69,260

67,428

64,767

69,260

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Software and Services
Total revenues

-

-

-

-

-

-

14,283

13,331

11,959

-

15,726

15,896

15,058

20,436

18,634

21,152

19,178

25,377

23,231

22,437

22,633

30,032

22,079

25,618

24,856

31,939

30,294

31,391

25,364

-25,948

51,008

50,489

48,693

-36,732

51,654

52,199

51,714

8,707

9,983

Total cost of revenues

-

-

-

-

-

-

8,669

8,614

8,533

-

9,725

10,405

11,274

12,145

12,230

11,461

13,366

15,685

15,244

16,559

21,109

18,941

17,508

17,871

25,320

20,335

19,942

22,506

21,439

-5,459

32,826

30,186

28,009

-7,566

30,821

30,074

29,505

6,120

5,912

Maintenance
Total revenues

-

-

-

-

-

-

12,299

12,301

12,229

-

18,680

18,938

18,635

18,820

19,460

19,108

17,234

23,510

19,842

18,915

19,165

21,252

21,943

22,583

20,814

24,269

22,592

23,532

20,634

-

-

-

-

-

-

-

-

-

-

Total cost of revenues

-

-

-

-

-

-

5,291

5,666

5,655

-

10,136

9,969

10,382

10,942

11,040

11,127

9,884

10,552

9,510

10,470

9,897

8,078

7,737

8,447

8,357

9,789

9,772

9,288

10,338

-

-

-

-

-

-

-

-

-

-