Edgewater technology inc/de/ (EDGW)
Income statement / Quarterly
Sep'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
Service [Member]
Software [Member]
Reimbursable Expenses [Member]
Revenue:
Revenue

25,335

26,334

-

-

27,361

30,305

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Service revenue

-

-

22,480

-

-

-

25,135

25,648

27,032

28,564

28,215

24,344

27,184

24,622

22,677

23,464

25,144

24,513

23,483

21,932

21,389

21,599

19,696

19,522

20,232

21,587

21,796

20,841

20,064

18,626

19,708

18,075

17,387

Software revenue

-

-

1,325

-

-

-

2,531

2,721

2,090

3,636

2,029

2,559

2,017

4,116

2,167

2,198

1,365

2,502

2,053

3,019

2,260

4,331

1,977

-

-

-

-

-

-

-

-

-

-

Royalty revenue

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

2,199

535

460

787

Software revenue

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,032

3,622

1,384

-

2,973

4,746

1,573

1,187

3,768

Reimbursable expenses

-

-

1,324

-

-

-

1,464

1,405

1,704

1,824

1,654

1,512

1,983

1,789

1,734

1,762

2,220

2,207

2,078

1,830

1,750

1,970

1,803

1,574

1,901

1,978

2,101

1,792

2,011

1,825

1,778

1,662

1,413

Total revenue

-

-

25,129

-

-

-

29,130

29,774

30,826

34,024

31,898

28,415

31,184

30,527

26,578

27,424

28,729

29,222

27,614

26,781

25,399

27,900

23,476

24,248

24,165

27,187

25,281

26,405

25,048

27,396

23,594

21,384

23,355

Cost of revenue:
Cost of revenue

15,137

16,635

-

-

17,040

18,796

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Project and personnel costs

-

-

15,530

-

-

-

16,286

14,911

17,141

17,288

18,240

15,893

16,351

16,220

15,794

14,806

15,169

14,580

14,357

12,904

13,071

13,456

13,310

12,487

12,401

13,052

13,654

12,162

11,919

11,873

12,124

11,037

10,563

Software costs

-

-

-

-

-

-

1,392

1,480

1,341

2,098

1,254

1,234

1,094

2,105

1,405

899

924

1,549

1,072

1,313

921

2,433

1,223

-

-

-

-

-

-

-

-

-

-

Software costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,051

2,697

961

-

1,752

2,871

1,094

855

2,796

Reimbursable expenses

-

-

1,324

-

-

-

1,464

1,405

1,704

1,824

1,654

1,512

1,983

1,789

1,734

1,762

2,220

2,207

2,078

1,830

1,750

1,970

1,803

1,574

1,901

1,978

2,101

1,792

2,011

1,825

1,778

1,662

1,413

Total cost of revenue

-

-

16,854

-

-

-

19,142

17,796

20,186

21,210

21,148

18,639

19,428

20,114

18,933

17,467

18,313

18,336

17,507

16,047

15,742

17,859

16,336

15,806

15,353

17,727

16,716

16,499

15,682

16,569

14,996

13,554

14,772

Gross profit

10,198

9,699

8,275

7,880

10,321

11,509

9,988

11,978

10,640

12,814

10,750

9,776

11,756

10,413

7,645

9,957

10,416

10,886

10,107

10,734

9,657

10,041

7,140

8,442

8,812

9,460

8,565

9,906

9,366

10,827

8,598

7,830

8,583

Operating expenses:
Selling, general and administrative

8,045

8,727

10,415

10,803

10,312

8,981

9,938

9,133

8,945

9,783

9,886

8,536

8,827

8,963

8,266

8,580

8,353

8,631

8,581

8,405

7,590

8,110

7,531

7,562

7,499

8,551

7,951

8,690

6,647

9,443

7,527

7,580

7,697

Executive officer severance

-

-

-

0

816

0

3,371

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Merger related transaction costs

2,744

326

1,278

-

-

-

-

0

0

0

430

822

321

0

611

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Consent solicitation expense

-

-

-

0

0

0

666

-

-

-

58

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Contract termination expense

-

-

-

-

-

1,125

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Change in fair value of contingent earnout consideration

-

-

-

0

-856

0

604

-

-

-928

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Lease abandonment charge

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

400

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Fullscope embezzlement loss recovery

-

-

-

-

-

-

-

-

-

-

-

-

-

250

-

-

-

-1,534

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Depreciation and amortization

627

632

636

781

782

786

808

-

1,011

1,004

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Depreciation and amortization

-

-

-

-

-

-

-

-

-

-

1,004

-

372

323

223

226

227

228

247

300

302

308

315

459

452

448

442

723

708

712

703

1,007

1,002

Total operating expenses

11,416

9,685

12,329

11,584

11,054

10,892

15,387

10,466

9,956

9,859

11,378

10,452

9,520

9,036

9,100

8,811

8,580

7,725

8,828

8,705

7,892

8,418

7,846

8,021

7,951

8,999

8,393

11,643

7,355

10,155

8,230

8,587

8,699

Operating income (loss)

-1,218

14

-4,054

-3,704

-733

617

-5,399

1,512

684

2,955

-628

-676

2,236

1,377

-1,455

1,146

1,836

3,161

1,279

2,029

1,765

1,623

-706

421

861

461

172

-1,737

2,011

672

368

-757

-116

Other expense, net

-68

-139

-34

-102

33

0

-233

-566

-568

-568

-625

-739

-650

-504

-120

-34

-146

45

-46

0

81

-69

-104

-57

95

-196

91

23

-167

25

-8

71

-25

(Loss) income before income taxes

-1,286

-125

-4,088

-3,806

-700

617

-5,632

946

116

2,387

-1,253

-1,415

1,586

873

-1,575

-

1,690

3,206

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

(Loss) income before income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,233

-

1,846

1,554

-810

364

956

265

263

-1,714

1,844

697

360

-686

-141

Tax provision (benefit)

20

76

131

21,611

-528

1,477

-2,945

4,373

73

1,074

-490

3,226

559

379

-635

456

714

1,485

522

-30,382

74

140

79

19

163

131

88

192

299

302

50

22,000

-51

Net loss

-1,306

-201

-4,219

-25,417

-172

-860

-2,687

-3,427

43

1,313

-763

-4,641

1,027

494

-940

656

976

1,721

711

32,411

1,772

1,414

-889

345

793

134

175

-1,906

1,545

395

310

-22,686

-90

Comprehensive loss:
Net income

-1,306

-201

-4,219

-25,417

-172

-860

-2,687

-

43

1,313

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,545

395

310

-22,686

-90

Currency translation adjustments

-2

-31

-31

-32

23

9

-2

-35

-28

-17

54

-78

-74

-27

-155

-52

-35

47

-26

-7

-2

-23

1

-4

-8

-3

-9

-

-29

-15

-

-

-

Currency translation adjustments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-4

-

-

Total comprehensive loss

-1,308

-232

-4,250

-25,449

-149

-851

-2,689

-3,462

15

1,296

-709

-4,719

953

467

-1,095

604

941

1,768

685

32,404

1,770

1,391

-888

341

785

131

166

-1,909

1,516

380

306

-

-

Net loss per share:
Basic net loss per share of common stock

-0.09

-0.01

-0.30

-1.86

-0.01

-0.06

-0.21

-0.28

0.00

0.11

-0.06

-0.40

0.09

0.04

-0.08

0.07

0.09

0.15

0.06

2.99

0.17

0.13

-0.08

0.03

0.07

0.01

0.02

-0.16

0.13

0.03

0.03

-1.86

-0.01

Diluted net loss per share of common stock

-0.09

-0.01

-0.30

-1.86

-0.01

-0.06

-0.21

-0.26

0.00

0.09

-0.06

-0.39

0.08

0.04

-0.08

0.04

0.08

0.13

0.06

2.70

0.14

0.12

-0.08

0.03

0.07

0.01

0.02

-0.16

0.13

0.03

0.03

-1.86

-0.01

Shares used in computing basic net loss per share of common stock

14,620

14,556

14,137

14,011

13,924

13,586

12,971

12,431

12,253

12,126

11,790

11,634

11,568

11,473

11,345

11,251

11,197

11,108

10,968

10,851

10,732

10,791

10,878

10,932

11,137

11,288

11,363

11,389

11,978

12,426

12,359

12,217

12,169

Shares used in computing diluted net loss per share of common stock

14,620

14,556

14,137

14,011

13,924

13,586

12,971

8,688

14,090

14,032

11,790

8,170

13,275

13,230

11,345

13,634

12,972

13,144

12,610

13,585

12,233

11,428

10,878

11,236

11,677

11,836

11,607

11,394

11,982

12,456

12,360

12,217

12,169