Cognizant technology solutions corporation (CTSH)
Income statement / TTM
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'11Dec'10Sep'10Jun'10Mar'10Dec'09Sep'09Jun'09Mar'09Sep'08Jun'08
Depreciation and amortization expense

517

507

495

487

476

460

451

439

419

408

390

375

368

359

352

343

338

325

299

264

228

200

184

179

175

172

165

162

155

149

142

132

124

117

113

109

105

103

100

96

94

89

84

79

0

0

0

Revenues

16,898

16,783

16,628

16,458

16,323

16,125

15,824

15,512

15,176

14,810

14,444

14,131

13,831

13,487

13,257

12,991

12,706

12,416

11,926

11,320

10,752

10,263

9,875

9,600

9,244

8,843

8,435

8,021

7,655

7,346

7,061

6,771

6,461

6,121

5,768

5,384

5,003

4,592

4,184

3,821

3,492

3,278

3,110

2,942

0

0

0

Operating expenses:
Cost of revenues (exclusive of depreciation and amortization expense shown separately below)

10,806

10,634

10,425

10,224

10,012

9,838

9,658

9,515

9,359

9,152

8,870

8,610

8,387

8,108

7,963

7,821

7,627

7,440

7,145

6,781

6,435

6,141

5,912

5,725

5,497

5,265

5,005

4,734

4,493

4,278

4,097

3,910

3,740

3,538

3,325

3,100

2,880

2,654

2,417

2,193

1,985

1,849

1,734

1,639

0

0

0

Selling, general and administrative expenses

2,812

2,972

3,167

3,130

3,167

3,007

2,878

2,818

2,722

2,697

2,799

2,826

2,771

2,731

2,660

2,586

2,544

2,509

2,412

2,291

2,162

2,037

1,924

1,862

1,799

1,727

1,678

1,620

1,596

1,557

1,508

1,476

1,406

1,328

1,256

1,165

1,073

972

882

814

749

721

697

670

0

0

0

Income from operations

2,493

2,453

2,520

2,596

2,647

2,801

2,765

2,668

2,604

2,481

2,385

2,320

2,305

2,289

2,281

2,241

2,195

2,142

2,068

1,982

1,925

1,885

1,853

1,833

1,771

1,677

1,586

1,504

1,409

1,361

1,313

1,251

1,189

1,136

1,072

1,008

944

861

784

717

663

618

594

552

0

0

0

Other income (expense), net:
Interest income

169

176

185

189

184

177

164

151

142

133

126

119

116

115

113

107

97

84

73

70

66

62

56

50

49

48

48

49

46

44

43

41

41

39

34

31

28

25

25

23

19

15

15

15

0

0

0

Interest expense

25

26

28

27

28

27

24

24

23

23

22

21

20

19

19

18

18

18

16

12

8

3

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Foreign currency exchange gains (losses), net

-169

-65

52

-23

-119

-152

-207

-101

-16

67

15

38

13

-30

-18

-41

-31

-43

-35

-30

-21

-20

-22

-20

-38

-41

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other, net

2

5

3

1

-1

-2

-3

-3

-4

-3

-2

1

3

2

1

0

-0

-1

-2

-1

-1

0

2

2

1

2

19

16

10

1

-12

-24

-19

-6

-12

10

7

-9

-11

-21

-2

2

-7

-5

0

0

0

Total other income (expense), net

-23

90

212

140

36

-4

-70

23

99

174

117

137

112

68

77

47

46

22

19

25

36

39

36

32

11

10

16

23

32

26

31

17

21

32

21

41

36

16

14

1

16

18

7

9

0

0

0

Income before provision for income taxes

2,470

2,543

2,732

2,736

2,683

2,797

2,695

2,691

2,703

2,655

2,502

2,457

2,417

2,357

2,358

2,288

2,242

2,164

2,087

2,008

1,961

1,924

1,889

1,865

1,783

1,687

1,602

1,527

1,442

1,387

1,344

1,268

1,210

1,169

1,094

1,049

980

878

798

719

680

636

601

561

0

0

0

Provision for income taxes

643

643

637

662

663

698

1,262

1,241

1,238

1,153

565

571

749

805

798

774

560

540

524

487

488

485

489

500

490

459

419

387

350

336

332

305

291

285

244

223

189

145

127

114

106

101

97

90

0

0

0

Income (Loss) from Equity Method Investments

-59

-58

-1

1

0

-

0

0

-

2

1

1

1

1

1

0

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income

1,768

1,842

2,095

2,075

2,022

2,101

1,435

1,453

1,467

1,504

1,938

1,887

1,669

1,553

1,560

1,514

1,682

1,624

1,562

1,521

1,473

1,439

1,400

1,364

1,293

1,228

1,183

1,140

1,091

1,051

1,012

962

918

883

849

826

790

733

671

604

573

534

503

471

0

0

0

Basic earnings per share (usd per share)

0.67

0.73

0.90

0.90

0.77

1.12

0.82

0.78

0.89

-0.02

0.84

0.80

0.92

0.68

0.73

0.42

0.73

0.70

0.65

0.69

0.63

0.61

0.58

0.61

0.57

0.53

0.53

0.50

0.47

-0.82

0.93

0.83

0.80

0.79

0.75

0.68

0.69

0.68

0.68

0.57

0.51

0.48

0.47

0.48

0.39

0.39

0.36

Diluted earnings per share (usd per share)

0.67

0.72

0.90

0.90

0.77

1.12

0.82

0.78

0.88

-0.03

0.84

0.80

0.92

0.69

0.73

0.41

0.72

0.70

0.65

0.68

0.62

0.59

0.58

0.61

0.57

0.53

0.53

0.49

0.47

-0.80

0.91

0.82

0.79

0.78

0.73

0.67

0.67

0.66

0.66

0.56

0.49

0.48

0.45

0.47

0.38

0.38

0.35

Weighted average number of common shares outstanding - Basic (shares)

546

548

551

564

573

577

579

585

587

588

590

589

605

608

606

606

608

607

608

609

609

608

608

607

607

605

603

603

603

1,505

299

302

303

302

302

303

304

303

301

299

297

295

293

292

291

291

289

Dilutive effect of shares issuable under stock-based compensation plans (shares)

0

2

0

0

2

4

1

1

2

2

2

2

2

2

3

3

4

3

3

4

4

6

4

4

5

5

5

5

6

21

4

5

5

6

6

7

7

8

7

8

8

9

8

6

6

8

9

Weighted average number of common shares outstanding - Diluted (shares)

546

550

551

564

575

581

580

586

589

590

592

591

607

610

609

609

612

611

612

613

613

614

612

612

612

611

608

608

610

1,527

303

307

309

308

309

311

311

311

309

308

306

304

302

299

297

299

299

Dividends declared per common share

-

-

-

-

-

-

-

-

-

-

0.15

0.15

0.00

-

0.00

0.00

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Restructuring Charges

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Foreign currency translation adjustments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

Net unrealized (loss) gain on cash flow hedges, net of taxes of $(115), $0, $159 and $0, respectively

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

Unrealized gain loss on available-for-sale securities, net of taxes of $0, $31 $0 and $(2,601), respectively

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

Total comprehensive income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0