Nic inc (EGOV)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09
Revenues:
Revenues

354,205

344,900

336,508

317,915

292,376

272,096

249,278

210,172

180,899

161,533

132,885

Operating expenses:
Selling & administrative

-

-

-

47,063

43,098

38,936

36,881

29,419

28,731

27,926

25,650

Nonrecurring gain on acquisition of business, net of tax

-

-

-

-

-

-

-

-

-

-

2,184

Amortization of acquisition-related intangible assets

-

-

-

-

-

-

-

-

-

323

4,130

Depreciation & amortization

12,610

9,117

6,929

6,749

8,385

9,177

8,333

6,518

4,898

4,353

4,035

Total operating expenses

291,786

269,840

258,171

240,057

225,081

209,082

196,719

166,996

142,391

132,135

110,864

Operating income (loss)

-

-

-

-

-

-

-

-

38,508

29,398

22,020

Other income:
Income before income taxes

64,933

75,676

78,337

77,858

-

-

-

-

-

-

-

Interest income

2,514

616

0

0

-

-

-

-

-

-

-

Income before income taxes

62,419

75,060

78,337

77,858

67,295

63,014

52,558

-

-

-

-

Income tax provision

14,503

17,407

26,723

22,025

25,316

23,955

20,520

16,836

15,530

11,025

8,126

Other income (expense), net

-

-

-

-

-

-

-

-

-34

-9

51

Net income

50,430

58,269

51,614

55,833

41,979

39,058

32,038

26,338

22,942

18,363

13,945

Operating income (loss) before income taxes

-

-

-

-

-

-

-

43,175

38,473

29,388

22,072

Basic net income per share (in usd per share)

0.75

0.87

0.77

0.84

0.63

0.59

0.49

0.40

0.35

0.28

0.22

Diluted net income per share (in usd per share)

0.75

0.87

0.77

0.84

0.63

0.59

0.49

0.40

0.35

0.28

0.22

Weighted average shares outstanding:
Basic (in shares)

66,884

66,499

66,209

65,913

65,555

65,223

64,888

64,500

64,017

63,511

63,002

Diluted (in shares)

66,884

66,560

66,266

65,966

65,640

65,277

64,954

64,564

64,156

63,609

63,080

State enterprise
Revenues

320,700

320,584

311,351

296,998

273,502

255,743

235,183

198,414

170,276

155,175

128,573

Cost of revenues, exclusive of depreciation & amortization

203,694

194,989

191,572

180,287

168,166

156,185

147,007

126,876

104,729

95,552

76,336

Software & services
Revenues

33,505

24,316

25,157

20,917

18,874

16,353

14,095

11,757

10,622

6,358

4,312

Cost of revenues, exclusive of depreciation & amortization

13,432

9,043

8,890

5,958

5,432

4,783

4,498

4,181

4,030

3,980

2,896

Selling and administrative
Selling & administrative and product support

35,200

32,747

31,351

-

-

-

-

-

-

-

-

Enterprise technology & product support
Selling & administrative and product support

26,850

23,944

19,429

-

-

-

-

-

-

-

-