Bottomline technologies inc /de/ (EPAY)
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'10Sep'10Jun'10Mar'10Dec'09Sep'09Mar'09
Revenues:
Total revenues

111,715

111,691

108,176

108,241

106,438

104,846

102,437

106,469

101,136

95,195

91,296

93,501

86,099

86,728

83,084

88,112

86,233

86,048

82,881

85,370

81,951

82,225

81,343

81,679

78,252

73,405

67,249

65,032

64,444

63,609

61,689

61,398

55,316

55,094

52,476

54,250

48,811

44,282

42,038

41,492

39,820

40,122

36,556

33,291

Cost of revenues:
Total cost of revenues

-

47,039

46,495

-

-

44,981

45,130

45,913

45,795

41,175

40,559

44,591

39,574

39,572

38,177

38,439

37,219

36,107

35,335

36,102

34,913

34,113

34,313

35,218

33,591

32,404

29,455

30,436

30,267

30,372

28,211

27,383

26,005

24,548

23,251

24,955

23,193

19,001

18,536

18,456

17,551

17,476

15,438

14,413

Gross profit

63,786

64,652

61,681

61,346

60,725

59,865

57,307

-

-

54,020

50,737

48,910

46,525

47,156

44,907

49,673

49,014

49,941

47,546

49,268

47,038

48,112

47,030

46,461

44,661

41,001

37,794

34,596

34,177

33,237

33,478

34,015

29,311

30,546

29,225

29,295

25,618

25,281

23,502

23,036

22,269

22,646

21,118

18,878

Operating expenses:
Sales and marketing

27,370

26,988

25,688

24,493

25,165

22,585

23,022

22,840

22,465

21,441

19,349

20,347

18,976

19,325

18,875

21,214

20,419

22,280

20,155

21,156

20,248

19,545

19,202

19,008

19,433

18,024

16,242

16,182

16,215

15,955

14,473

14,694

12,536

11,430

11,242

11,551

10,441

9,257

8,553

8,656

8,649

8,825

7,883

7,449

Product development and engineering

18,000

18,279

18,349

17,097

16,887

16,815

16,565

15,519

14,179

13,938

13,864

13,981

13,057

13,082

12,935

12,396

11,934

11,765

11,260

11,758

12,716

11,030

11,681

11,362

10,685

9,271

8,407

7,788

8,454

8,426

8,306

9,327

7,496

5,932

5,932

5,207

6,167

5,476

5,012

5,056

4,959

4,753

4,090

4,742

General and administrative

13,734

14,761

13,345

13,255

13,175

11,904

13,865

14,280

12,763

10,989

11,837

11,196

10,863

11,772

12,704

11,289

9,790

9,422

8,823

8,530

8,882

8,803

8,277

8,393

8,718

8,124

8,486

7,494

6,554

6,467

6,561

5,990

5,660

4,912

4,933

5,095

5,127

4,545

4,735

4,050

3,795

4,248

4,290

4,344

Amortization of acquisition-related intangible assets

5,121

5,213

4,950

5,527

5,230

5,253

5,326

5,368

5,818

5,702

5,188

5,865

6,006

6,090

6,285

7,258

7,226

7,215

7,279

8,197

8,002

7,000

7,184

7,579

4,784

8,174

5,705

4,874

5,162

5,201

4,312

4,702

3,734

3,433

3,884

4,089

2,786

2,905

2,882

3,265

3,282

3,361

3,306

3,589

Goodwill impairment charge

-

-

-

-

-

-

-

-

-

-

-

-

-

7,529

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total operating expenses

64,225

65,241

62,332

60,372

60,457

56,557

58,778

58,007

55,225

52,070

50,238

51,389

48,902

57,798

50,799

52,157

49,369

50,682

47,517

49,641

49,848

46,378

46,344

46,342

43,620

43,593

38,840

36,338

36,385

36,049

33,652

34,713

29,426

25,707

25,991

25,942

24,521

22,183

21,182

21,027

20,685

21,187

19,569

20,124

(Loss) income from operations

-439

-589

-651

974

268

3,308

-1,471

2,549

116

1,950

499

-2,479

-2,377

-10,642

-5,892

-2,484

-355

-741

29

-373

-2,810

1,734

686

119

1,041

-2,592

-1,046

-1,742

-2,208

-2,812

-174

-698

-115

4,839

3,234

3,353

1,097

3,098

2,320

2,009

1,584

1,459

1,549

-1,246

Loss on derivative instruments, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

482

-4,917

-

-

-

0

-

-

-

-

-

-

-

-

-

-

Other expense, net

-970

-582

-713

9,262

-695

-858

-781

15,659

-1,111

-3,357

-4,283

12,320

-4,479

-4,182

-3,935

11,103

-3,882

-3,856

-3,671

10,547

-4,600

-3,587

-3,647

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Nonoperating Income (Expense)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-3,540

-3,573

-3,391

-4,040

-7,684

-3,134

-585

46

7

119

28

-113

110

134

32

282

-266

45

-93

221

-53

Loss before income taxes

-1,409

-1,171

-1,364

7,123

-427

2,450

-2,252

7,311

-995

-1,407

-3,784

-6,767

-6,856

-14,824

-9,827

-6,387

-4,237

-4,597

-3,642

-4,092

-7,410

-1,853

-2,961

-3,421

-2,532

-5,983

-5,086

-4,991

-4,860

-8,314

-128

-691

4

4,867

3,121

3,463

1,231

3,130

2,602

1,743

1,629

1,366

1,770

-1,299

Income Tax Expense (Benefit)

6,100

-3,800

3

3,562

-1,300

-3,500

-1,300

-4,172

7

-4,495

457

-1,108

-232

-4,478

681

-461

-7

642

611

17,528

420

109

307

-1,940

1,778

1,282

962

-1,177

-1,301

-1,274

-146

477

1,336

2,403

1,380

-26,595

136

1,065

-73

615

679

662

598

671

Net (loss) income

-7,468

2,609

-1,367

3,557

824

5,969

-918

11,483

-1,002

3,088

-4,241

-5,659

-6,624

-10,346

-10,508

-5,926

-4,230

-5,239

-4,253

-21,620

-7,830

-1,962

-3,268

-1,481

-4,310

-7,265

-6,048

-3,814

-3,559

-7,040

18

-1,168

-1,332

2,464

1,741

30,058

1,095

2,065

2,675

1,128

950

704

1,172

-1,970

Net (loss) income per share:
Basic and diluted net loss per share (in dollars per share)

-

-

-0.03

-

-

-

-0.02

-

-

-

-0.11

-

-0.17

-

-0.28

-

-0.11

-0.14

-0.11

-0.57

-0.21

-0.05

-0.09

-0.03

-0.12

-0.20

-0.17

-

-0.10

-0.20

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Shares used in computing basic and diluted net loss per share:

-

-

41,487

-

-

-

39,689

-

-

-

37,730

-

37,965

-

37,940

-

38,101

37,774

38,004

38,056

37,762

37,759

37,647

37,374

37,081

36,667

36,214

-

35,644

35,284

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Basic (in dollars per share)

-0.18

0.06

-

-

0.02

0.15

-

-

-0.03

0.08

-

-

-

-0.27

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.00

-0.03

-0.04

0.07

0.05

0.94

0.03

0.07

0.09

0.03

0.04

0.03

0.05

-0.08

Diluted (in dollars per share)

-0.18

0.06

-

-

0.02

0.14

-

-

-0.03

0.08

-

-

-

-0.27

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.00

-0.03

-0.04

0.07

0.05

0.90

0.03

0.06

0.08

0.04

0.03

0.03

0.05

-0.08

Shares used in computing net (loss) income per share:
Basic (in shares)

41,823

41,693

-

-

40,911

40,635

-

-

38

38,087

-

-

-

37,769

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

34,909

34,742

34,460

34,160

33,710

32,539

32,017

31,330

30,754

76,494

25,664

25

24

24

Diluted (in shares)

41,823

42,092

-

-

41,625

41,739

-

-

38

39,344

-

-

-

37,769

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

35,626

36,585

34,460

35,090

34,841

34,433

34,142

33,253

31,984

79,293

27,440

25

24

24

Other comprehensive (loss) income, net of tax:
Unrealized gain on available for sale securities

70

0

-3

3

5

8

-2

-

-4

-3

-

29

2

-49

-57

46

77

-76

8

-9

20

-9

-12

2

6

-1

17

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

Change in fair value on interest rate hedging instruments

-3,482

569

-677

-1,923

-841

-1,438

327

1,217

1,004

604

-235

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Minimum pension liability adjustments

-5

172

-180

4,692

-18

10

46

-1,001

56

-38

-104

-4,250

16

-610

-15

6,253

124

-63

-116

2,957

12

26

37

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Foreign currency translation adjustments

-9,313

11,944

-5,879

-1,781

1,322

-2,543

-1,367

-9,778

5,652

773

1,373

7,351

2,667

-8,402

-1,057

-9,315

1,829

-3,943

-6,585

7,820

-3,138

-8,147

-13,820

1,791

1,445

3,838

9,906

-213

-7,020

947

2,393

-1,264

1,628

-300

-2,104

-

-

-

-

-

-

-

-

-

Other comprehensive (loss) income, net of tax:

-12,720

12,341

-6,379

-8,393

504

-3,983

-1,088

-7,558

6,596

1,412

1,242

11,630

2,653

-7,841

-1,099

-15,522

1,782

-3,956

-6,461

4,854

-3,130

-8,182

-13,869

2,065

1,451

3,837

9,923

-216

-7,020

947

2,393

-

-

-

-

-

-

-

-

-

-

-

-

-

Comprehensive (loss) income

-20,188

14,950

-7,746

-4,836

1,328

1,986

-2,006

3,925

5,594

4,500

-2,999

5,971

-3,971

-18,187

-11,607

-21,448

-2,448

-9,195

-10,714

-16,766

-10,960

-10,144

-17,137

584

-2,859

-3,428

3,875

-4,030

-10,579

-6,093

2,411

-2,432

296

2,164

-363

-

-

-

-

-

-

-

-

-

Cost of revenues: subscriptions and transactions

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

61

53

43

Cost of revenues: service and maintenance

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

444

305

233

Sales and marketing

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

838

649

528

Product development and engineering

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

329

204

165

General and administrative

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

728

697

916

Subscriptions
Total revenues

87,531

84,085

80,066

79,075

75,502

71,288

69,768

71,084

67,378

63,187

60,714

59,370

55,851

55,644

52,132

50,870

49,488

48,632

46,197

44,699

42,926

42,865

40,871

39,614

35,095

34,845

31,549

30,359

28,749

30,361

28,547

27,983

20,374

19,054

17,594

17,082

13,486

13,031

11,534

11,877

10,794

10,469

8,281

7,495

Total cost of revenues

34,670

33,449

32,765

32,823

31,623

31,352

31,669

31,672

30,771

27,211

27,422

29,254

25,867

24,782

23,886

23,207

22,461

21,373

20,734

20,698

19,582

19,789

19,328

19,256

17,866

16,754

15,344

17,026

16,851

16,238

13,986

12,395

10,571

9,215

9,085

8,690

7,668

6,748

6,372

5,916

5,598

5,160

3,878

3,650

Software licenses
Total revenues

1,546

2,800

2,576

2,410

3,802

5,665

4,512

2,158

3,134

2,620

2,365

3,337

2,735

3,492

2,121

5,072

5,777

5,862

4,115

5,752

5,074

5,423

5,658

5,025

5,543

5,463

4,738

5,330

7,048

5,469

4,699

4,969

4,158

4,402

4,033

4,846

4,060

4,180

3,461

3,200

3,657

3,787

2,963

3,237

Total cost of revenues

82

157

161

256

226

210

231

183

233

229

170

229

265

196

128

289

165

288

288

445

371

372

395

339

505

392

366

421

952

617

409

462

656

529

435

479

444

214

215

289

253

321

219

189

Service and maintenance
Total revenues

21,732

24,061

24,825

25,848

25,856

26,786

27,405

29,675

29,476

28,433

27,342

29,696

26,344

25,920

27,673

30,495

29,100

29,913

30,784

32,919

32,124

32,180

32,960

34,967

35,873

31,369

29,322

27,390

26,809

25,735

26,455

26,440

28,876

29,667

28,849

29,806

29,120

24,952

25,052

24,426

23,043

23,775

23,135

20,599

Total cost of revenues

12,534

12,929

13,053

13,116

12,818

12,528

12,706

13,324

13,861

13,034

12,300

14,262

12,607

13,416

13,285

13,691

13,276

13,291

12,978

13,447

13,675

12,688

13,284

14,029

13,942

13,973

12,519

11,436

11,081

11,977

12,294

12,896

13,264

13,239

12,160

13,726

13,416

10,404

10,429

10,726

9,921

10,405

9,720

9,151

Other
Total revenues

906

745

709

908

1,278

1,107

752

3,552

1,148

955

875

1,098

1,169

1,672

1,158

1,675

1,868

1,641

1,785

2,000

1,827

1,757

1,854

2,073

1,741

1,728

1,640

1,953

1,838

2,044

1,988

2,006

1,908

1,971

2,000

2,516

2,145

2,119

1,991

1,989

2,326

2,091

2,177

1,960

Total cost of revenues

643

504

516

-43,967

1,046

891

524

734

930

701

667

846

835

1,178

878

1,252

1,317

1,155

1,335

1,512

1,285

1,264

1,306

1,594

1,278

1,285

1,226

1,553

1,383

1,540

1,522

1,630

1,514

1,565

1,571

2,060

1,665

1,635

1,520

1,525

1,779

1,590

1,621

1,423