Hackett group, inc. (HCKT)
Income statement / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Sep'18Jun'18Jun'18Mar'18Mar'18Dec'17Dec'17Sep'17Jun'17Mar'17Dec'16Dec'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
Revenue:
Total revenue

69,533

69,106

72,690

73,521

67,155

66,535

73,840

73,718

75,649

74,527

-

71,107

-

-

71,462

73,570

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Revenue before reimbursements

-

-

-

-

-

-

-

-

-

-

67,475

-

-

-

-

-

65,069

62,946

-

66,810

68,178

61,973

60,261

59,992

59,423

54,905

54,551

54,550

55,000

49,418

47,203

51,976

52,341

48,871

49,430

49,806

51,469

49,044

35,763

51,574

52,382

46,957

47,343

47,967

Reimbursements

-

-

-

-

-

-

-

-

-

-

5,258

-

-

-

-

-

6,360

7,106

-

7,308

7,435

6,805

6,093

7,225

6,972

6,069

5,792

5,887

6,052

5,487

5,401

5,940

6,620

5,478

5,612

5,841

6,495

5,039

3,694

6,361

6,427

5,905

4,962

5,718

Total revenue

-

-

-

-

-

-

-

-

-

-

72,733

-

-

-

-

-

71,429

70,052

-

74,118

75,613

68,778

66,354

67,217

66,395

60,974

60,343

60,437

61,052

54,905

52,604

57,916

58,961

54,349

55,042

55,647

57,964

54,083

39,457

57,935

58,809

52,862

52,305

53,685

Costs and expenses:
Cost of service:
Total cost of service

47,054

45,300

48,273

47,517

44,589

42,408

48,869

48,304

49,747

48,663

-

46,910

-

-

47,817

49,056

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Stock compensation expense

1,594

-

1,155

1,311

999

-

1,671

1,646

923

898

-

1,823

-

-

1,876

1,842

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Personnel costs before reimbursable expenses (includes $1,843 and $1,442 of stock compensation expense in the quarters ended March 30, 2018 and March 31, 2017, respectively)

-

-

-

-

-

-

-

-

-

-

42,879

-

-

-

-

-

41,594

38,191

-

42,071

43,345

39,666

36,612

37,854

37,612

34,946

34,205

35,142

35,427

34,184

31,081

33,970

33,363

32,042

31,520

31,665

32,167

30,560

19,905

32,739

32,815

30,260

29,144

29,307

Reimbursable expenses

-

-

-

-

-

-

-

-

-

-

5,258

-

-

-

-

-

6,360

7,106

-

7,308

7,435

6,805

6,093

7,225

6,972

6,069

5,792

5,887

6,052

5,487

5,401

5,940

6,620

5,478

5,612

5,841

6,495

5,039

3,694

6,361

6,427

5,905

4,962

5,718

Total cost of service

-

-

-

-

-

-

-

-

-

-

48,137

-

-

-

-

-

47,954

45,297

-

49,379

50,780

46,471

42,705

45,079

44,584

41,015

39,997

41,029

41,479

39,671

36,482

39,910

39,983

37,520

37,132

37,506

38,662

35,599

23,599

39,100

39,242

36,165

34,106

35,025

Selling, general and administrative costs

14,135

17,967

14,353

15,413

14,341

18,170

15,690

15,507

15,613

15,370

16,276

15,076

-

17,000

14,877

15,883

15,511

-

13,085

15,732

16,195

15,067

17,351

17,195

15,762

15,324

16,122

15,422

15,607

14,235

13,726

13,289

13,893

13,300

13,749

13,922

14,819

14,507

11,459

14,324

15,064

13,211

14,285

14,908

Stock compensation expense

636

-

776

787

705

-

850

850

804

804

-

841

-

-

894

874

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Acquisition-related contingent consideration liability

-

0

-108

45

-1,070

-

803

803

-4,553

-4,553

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Bargain purchase gain from acquisition

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

3,015

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Restructuring cost

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,293

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Restructuring costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

3,604

-

-

-

-

-

-319

-

-

-

0

-

-

-

-

Total costs and operating expenses

61,825

65,513

63,294

63,762

58,565

63,738

66,212

65,464

61,611

60,284

64,413

62,827

-

53,736

63,588

67,106

63,465

-

52,646

65,111

66,975

61,538

60,056

62,274

60,346

56,339

56,119

56,451

57,086

54,495

50,208

53,199

53,876

50,820

50,989

51,109

53,481

50,106

35,058

53,424

54,306

49,376

48,391

49,933

Income from operations

7,708

3,593

9,396

9,759

8,590

2,797

7,628

8,254

14,038

14,243

8,320

8,280

-

6,402

7,874

6,464

7,964

-

8,632

9,007

8,638

7,240

6,298

4,943

6,049

4,635

4,224

3,986

3,966

410

2,396

4,717

5,085

3,529

4,053

4,538

4,483

3,977

4,399

4,511

4,503

3,486

3,914

3,752

Other expense:
Non-cash acquisition earn-out shares re-measurement gain

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

784

Interest income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1

0

2

2

2

1

1

1

2

3

1

1

2

8

9

9

11

12

1

7

4

Interest expense

37

43

62

105

101

123

158

158

178

178

179

179

-

183

184

127

90

-

99

137

110

41

58

102

109

140

163

173

166

124

111

94

125

142

160

196

247

27

-

0

-

-

-

-

Income from operations before income taxes

7,671

3,550

9,334

9,654

8,489

2,674

7,470

8,096

13,860

14,065

8,141

8,101

-

6,219

7,690

6,337

7,874

-

-

8,870

8,528

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income from operations before income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

7,199

-

4,842

5,940

4,497

4,063

3,815

3,801

287

2,286

4,625

4,963

3,388

3,894

4,344

4,244

3,959

4,408

4,522

4,515

3,487

3,921

4,540

Income tax expense

2,136

1,263

2,427

2,614

1,440

-41

2,313

2,425

2,339

2,393

774

800

-

-

2,401

1,587

-

-

3,174

3,382

3,082

2,817

2,182

1,784

2,249

1,492

521

879

973

-118

1,080

1,926

2,033

1,359

-2,743

1,751

406

108

-4,943

176

112

160

-186

117

Income from continuing operations

5,535

2,287

6,907

7,040

7,049

2,715

-

5,671

-

11,672

-

7,301

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain (loss) from discontinued operations

-8

-2

2

-51

45

-2,851

-

-514

-

-151

-

66

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income from continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,206

2,699

2,930

2,029

6,637

2,593

3,838

3,851

-

-

-

-

-

-

Loss from discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-64

0

-71

46

43

7

-318

-

-

-

-

-

-

Net income

5,527

2,285

6,909

6,989

7,094

-136

5,157

5,157

11,521

11,521

7,367

7,367

-

9,441

5,289

4,750

7,874

-

6,225

5,488

5,446

4,382

4,055

3,058

3,691

3,005

3,542

2,936

2,828

405

1,206

2,635

2,930

1,958

6,683

2,636

3,845

3,533

9,693

4,346

4,403

3,327

4,107

4,423

Basic net income per common share:
Income per common share from continuing operations

0.19

0.08

0.23

0.23

0.24

0.09

-

0.19

-

0.40

-

0.25

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.03

0.09

0.10

0.07

0.22

0.09

0.13

0.10

-

-

-

-

-

-

Gain (loss) per common share from discontinued operations

0.00

0.00

0.00

0.00

0.00

-0.09

-

-0.02

-

-0.01

-

0.00

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.00

-

-0.01

0.00

0.00

0.00

-0.01

-

-

-

-

-

-

Net income per common share

0.19

0.08

0.23

0.23

0.24

0.00

0.17

0.17

0.39

0.39

0.25

0.25

-

0.34

0.18

0.16

0.27

-

0.21

0.19

0.19

0.15

0.12

0.11

0.13

0.11

0.13

0.10

0.10

0.01

0.04

0.09

0.10

0.06

0.22

0.09

0.13

0.09

0.25

0.11

0.11

0.08

0.10

0.11

Diluted net income per common share:
Income per common share from continuing operations

0.17

0.07

0.21

0.22

0.22

0.08

-

0.18

-

0.36

-

0.23

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.05

0.08

0.09

0.06

0.21

0.08

0.12

0.10

-

-

-

-

-

-

Gain (loss) per common share from discontinued operations

0.00

0.00

0.00

0.00

0.00

-0.09

-

-0.02

-

0.00

-

0.00

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.01

0.00

0.00

0.00

0.00

0.00

0.00

-0.01

-

-

-

-

-

-

Net income per common share

0.17

0.07

0.21

0.22

0.22

-0.01

0.16

0.16

0.36

0.36

0.23

0.23

-

0.29

0.17

0.15

0.24

-

0.19

0.17

0.17

0.13

0.11

0.10

0.12

0.10

0.13

0.10

0.09

0.01

0.04

0.08

0.09

0.06

0.21

0.08

0.12

0.09

0.24

0.10

0.10

0.08

0.10

0.10

Weighted average common shares outstanding:
Basic

29,889

29,836

29,876

29,822

29,682

29,517

29,478

29,478

29,429

29,429

29,089

29,089

-

28,735

28,764

29,041

28,867

-

28,574

28,579

29,285

29,889

32,456

28,755

28,717

28,551

28,256

28,557

28,939

29,119

29,682

30,626

30,532

30,291

29,599

29,400

29,290

38,523

39,476

39,683

40,016

40,406

40,554

40,597

Diluted

32,264

32,571

32,570

32,374

32,294

32,678

32,593

32,593

32,235

32,235

31,814

31,814

-

32,021

31,957

32,512

32,292

-

32,650

32,375

32,881

33,353

35,576

31,488

30,888

29,917

29,871

29,800

29,983

29,868

31,941

32,796

32,251

31,472

31,107

31,488

31,508

39,938

41,595

41,873

42,258

41,775

43,058

42,548

Revenue Before Reimbursements [Member]
Total revenue

65,186

63,736

66,755

67,976

62,370

61,595

-

68,183

-

68,706

-

66,039

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Reimbursements [Member]
Total revenue

4,347

5,370

5,935

5,545

4,785

4,940

-

5,535

-

5,821

-

5,068

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total cost of service

4,347

5,370

5,935

5,545

4,785

4,940

-

5,535

-

5,821

-

5,068

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cost Before Reimbursements [Member]
Total cost of service

41,113

43,395

41,183

40,661

38,805

41,835

-

41,123

-

41,944

-

40,019

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-