| Dec'19 | Dec'18 | Dec'17 | Dec'16 | |||
|---|---|---|---|---|---|---|
Revenue | ||||||
1,365,000 | 1,258,000 | 1,157,000 | 1,020,000 | |||
Cost of services rendered | ||||||
687,000 | 686,000 | 589,000 | 526,000 | |||
Gross Profit | ||||||
678,000 | 572,000 | 567,000 | 494,000 | |||
Selling and administrative expenses | ||||||
392,000 | 338,000 | 312,000 | 286,000 | |||
Depreciation and amortization expense | ||||||
24,000 | 21,000 | 17,000 | - | |||
Depreciation expense | ||||||
- | - | - | 8,000 | |||
Amortization expense | ||||||
- | - | - | 6,000 | |||
Restructuring charges | ||||||
1,000 | 3,000 | 7,000 | 3,000 | |||
Spin-off charges | ||||||
-1,000 | -24,000 | -13,000 | - | |||
Affiliate royalty expense | ||||||
- | 1,000 | 2,000 | 2,000 | |||
Interest expense | ||||||
62,000 | 23,000 | 1,000 | - | |||
Interest income from affiliate | ||||||
- | 2,000 | 3,000 | 2,000 | |||
Interest and net investment income | ||||||
6,000 | 2,000 | 2,000 | 5,000 | |||
Other | ||||||
- | - | - | 1,000 | |||
Income before Income Taxes | ||||||
204,000 | 166,000 | 220,000 | 196,000 | |||
Provision for income taxes | ||||||
51,000 | 42,000 | 60,000 | 71,000 | |||
Net Income | ||||||
153,000 | 125,000 | 160,000 | 124,000 | |||
Other Comprehensive Loss, Net of Income Taxes: | ||||||
Net unrealized gain on securities | ||||||
- | - | - | -2,000 | |||
Net unrealized loss on derivative instruments | ||||||
-12,000 | -9,000 | - | - | |||
Other Comprehensive Loss, Net of Income Taxes: | ||||||
- | - | - | -2,000 | |||
Total Comprehensive (Loss) Income | ||||||
141,000 | 116,000 | 160,000 | 123,000 | |||
Earnings per Share: | ||||||
Basic | ||||||
1.81 | 1.47 | 1.90 | 1.47 | |||
Diluted | ||||||
1.80 | 1.47 | 1.90 | 1.47 | |||
Weighted-average Common Shares Outstanding: | ||||||
Basic | ||||||
84,700 | 84,500 | 84,500 | 84,500 | |||
Diluted | ||||||
84,900 | 84,700 | 84,500 | 84,500 | |||