Dlh holdings corp. (DLHC)
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'11Dec'10Jun'10
Revenue

54,798

52,238

54,183

38,700

33,756

33,752

32,489

36,131

34,401

30,215

-

29,256

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Contract costs

42,941

41,340

-

-

26,250

26,456

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Direct expenses

-

-

-

28,777

-

-

-

27,793

26,953

23,683

-

22,871

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Revenue

-

-

-

-

-

-

-

-

-

-

-

-

29,905

26,111

27,120

24,989

16,934

16,559

16,990

16,781

15,893

15,682

15,579

15,692

14,745

14,477

14,045

13,460

13,007

12,994

12,461

12,618

12,619

11,495

-

10,579

-

-

-

Direct expenses

-

-

-

-

-

-

-

-

-

-

-

-

23,504

20,300

20,891

19,533

13,710

13,642

13,603

13,743

13,163

13,149

13,239

13,384

12,546

12,365

12,080

11,485

11,236

11,206

11,319

11,028

11,321

9,928

-

9,066

-

-

-

REVENUES

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

10,444

10,575

10,079

DIRECT EXPENSES

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

8,936

9,257

8,740

Gross margin

-

-

-

9,923

-

-

-

8,338

7,448

6,532

7,253

6,385

6,401

5,811

6,229

5,456

3,224

2,917

3,387

3,038

2,730

2,533

2,340

2,308

2,199

2,112

1,965

1,975

1,771

1,788

1,142

1,590

1,298

1,567

1,559

1,513

1,508

1,318

1,339

General and administrative costs

6,260

5,913

5,800

6,072

4,477

4,176

2,138

5,136

4,684

4,880

4,615

4,122

4,008

4,721

4,116

3,374

2,513

2,515

2,419

2,270

2,197

2,251

2,109

2,013

1,947

2,020

1,765

1,787

1,729

1,849

1,830

1,942

1,835

1,754

2,553

1,749

1,561

1,562

-

Acquisition costs

0

-

-

1,247

143

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

SELLING, GENERAL AND ADMINISTRATIVE EXPENSES

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,783

SEVERANCE

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

236

-

-

-

11

-

-

-

Depreciation and amortization

1,760

1,859

1,919

914

560

563

588

588

560

506

489

510

554

201

788

414

22

20

-

5

18

-

26

27

27

26

25

30

33

33

33

37

27

23

26

28

28

31

34

Total operating costs

50,961

49,112

-

-

31,430

31,195

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Depreciation and amortization including financing costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

23

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income from operations

3,837

3,126

3,394

1,690

2,326

2,557

2,818

2,614

2,204

1,146

2,149

1,753

1,839

889

1,325

1,668

689

382

959

763

515

259

205

268

225

66

175

158

9

-94

-752

-625

-564

-210

-3,592

-275

-81

-275

-478

Interest income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1

0

6

1

7

Interest expense, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

47

46

52

71

85

77

73

111

62

45

47

Amortization of financing costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

52

52

52

57

40

46

-

7

7

-

-

Change in fair value of derivative financial instruments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-20

-

-

-

-

-

-

-

-

-

-

Change in fair value of derivative financial instruments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

61

-

186

-28

-

-

-

-

-

-

Other income, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1

3

-

-1

2

-

2

2

1

1

10

Change in fair value of financial instruments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-56

-

-

-

-

-

Legal expense related to pre-acquisition activity of acquired company

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

18

19

40

19

35

Interest expense, net

-906

-941

-1,190

-562

-544

-177

-315

-262

-261

-278

-340

-269

-255

-364

253

-374

-127

-575

1,465

-34

-651

-36

-26

-17

-28

67

-165

-90

-118

-34

398

57

-151

-179

-68

-135

-102

-62

-65

Income before income taxes

2,931

2,185

2,204

1,128

1,782

2,380

2,503

2,352

1,943

868

1,809

1,484

1,584

525

783

1,294

562

-193

2,424

729

-136

223

179

251

197

133

10

68

-109

-128

-354

-568

-715

-389

-3,660

-410

-183

-337

-543

Income tax expense

855

634

639

325

517

690

746

738

627

3,719

769

539

605

201

-1,604

518

225

-77

-5,815

292

-54

89

-4,597

0

0

0

0

0

0

0

-

0

-

-

-

-

-

-

33

Net Income (Loss), Including Portion Attributable to Noncontrolling Interest

2,076

1,551

1,565

803

1,265

1,690

1,757

1,614

1,316

-2,851

1,040

945

979

324

2,387

776

337

-116

8,239

437

-82

134

4,776

251

197

133

-

68

-

-

-

-

-

-

-

-

-

-

-576

Net income per share - basic (in dollars per share)

0.17

0.13

0.13

0.07

0.11

0.14

0.14

0.14

0.11

-0.24

0.09

0.08

0.09

0.03

0.23

0.08

0.04

-0.01

0.86

0.05

-0.01

0.01

-

0.03

0.02

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income per share - diluted (in dollars per share)

0.16

0.12

0.12

0.06

0.10

0.13

0.15

0.13

0.10

-0.24

0.08

0.08

0.08

0.03

0.21

0.07

0.03

-0.01

-

0.04

-0.01

-

-

0.03

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss from continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-3,660

-410

-183

-337

-

Loss from continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-576

GAIN FROM DISCONTINUED OPERATION

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

270

-

-

-

NET INCOME (LOSS)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-109

-128

-354

-568

-715

-389

-3,660

-140

-183

-337

-

Loss from continuing operations (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.07

-

-0.07

-0.11

Gain from discontinued operation (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.05

-

-

-

Net income per share, basic and diluted (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.01

-

0.01

-0.01

-0.01

-0.02

-0.09

-0.12

-0.06

-0.66

-0.02

-0.04

-0.07

-0.11

Weighted average common stock outstanding
Basic (in shares)

12,299

12,088

12,037

12,036

12,036

11,963

11,899

11,899

11,889

11,837

11,631

11,299

11,249

11,201

10,425

10,154

9,717

9,568

9,551

9,552

9,588

9,601

9,581

9,602

9,603

9,494

9,318

9,318

9,318

9,286

-

6,621

-

-

-

-

5,147

5,117

5,080

Diluted (in shares)

13,003

13,014

13,021

13,077

13,087

12,979

13,885

12,884

12,886

11,837

11,528

12,445

12,745

12,690

13,335

11,311

10,666

9,568

10,564

9,956

9,588

10,048

10,344

9,677

9,786

9,549

9,300

9,336

9,318

9,286

-

6,621

-

-

-

-

5,147

5,117

5,080

WEIGHTED AVERAGE BASIC AND DILUTED SHARES OUTSTANDING

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

9,342

6,615

6,077

6,070

-

5,663

-

-

-