HARTE HANKS INC HHS Income Statement

Harte hanks inc (HHS)

Income statement / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Sep'10	Jun'10
Operating revenues
40,522	-	51,414	-	59,150	-	63,588	-	-	-	94,424	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating revenues
-	-	-	54,686	-	-	-	69,633	81,198	-	-	94,722	94,894	110,107	97,425	97,317	99,563	105,034	108,784	109,175	121,173	92,286	134,121	140,310	132,727	152,179	134,973	140,105	132,352	64,427	140,993	189,629	186,042	-11,871	212,788	213,047	200,306	216,745	207,609
Operating expenses
Labor
23,948	27,819	28,589	31,778	33,667	37,857	35,619	39,725	50,656	57,780	55,047	57,103	60,350	60,818	59,484	62,444	62,552	50,736	60,474	57,431	64,663	45,262	67,026	69,613	71,304	76,323	68,341	69,790	67,470	42,543	66,879	85,338	83,879	15,926	88,214	91,274	89,009	88,038	84,893
Production and distribution
13,246	-	-	-	23,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Advertising, selling, general and administrative
5,948	-	-	-	7,475	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Restructuring expense
1,366	-	-	-	4,506	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation expense
1,121	-	-	-	1,442	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Production and distribution
-	-	17,314	17,816	-	26,730	23,016	26,358	24,149	28,965	26,726	26,521	26,878	32,545	27,275	27,427	29,879	36,758	34,115	35,088	35,959	42,523	40,350	42,158	40,276	42,729	39,315	40,571	38,985	-6,763	42,500	68,726	67,669	-48,424	81,295	82,523	76,269	81,019	78,496
Advertising, selling, general and administrative
-	-	5,623	7,127	-	7,322	9,658	7,955	9,277	9,953	9,145	10,226	11,060	9,641	11,586	10,934	12,643	9,357	10,701	10,422	14,099	3,640	12,528	13,860	12,730	16,693	12,258	13,558	12,428	7,821	12,223	16,372	15,313	363	17,439	17,341	15,340	16,854	15,877
Restructuring expense
-	-	3,080	3,281	-	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Impairment of assets
-	-	0	-	-	-	3,822	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation, software and intangible asset amortization
-	-	1,283	1,297	-	-	1,826	1,903	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Impairment of assets
-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Impairment of goodwill
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-
Impairment of goodwill
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	209,938	-	-	-	0	-	-	-	-	-	-	-	-	156,936	-	-	-	-	-	-	-
Intangible asset impairment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,750	-	-	-	0	-	-	-	-	-	-	-	-
Depreciation, software and intangible asset amortization
-	-	-	-	-	-	-	-	2,151	2,340	2,556	2,663	2,948	2,949	3,166	3,201	3,036	2,550	3,196	3,195	3,437	1,682	3,677	3,692	3,838	3,949	3,949	3,773	4,066	-	-	-	-	-	-	-	-	-	-
Depreciation and software amortization
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,731	5,598	5,145	-	4,957	5,153	5,159	5,578	5,545
Intangible asset amortization
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	62	62	60	-	168	210	210	201	225
Total operating expenses
45,629	51,905	55,889	61,299	70,090	74,547	73,941	75,941	86,233	133,548	93,474	96,513	101,236	144,622	101,511	104,006	108,110	99,401	318,424	106,136	118,158	93,107	123,581	129,323	128,148	139,694	126,613	127,692	122,949	-112,071	125,395	333,032	172,066	-32,550	192,073	196,501	185,987	191,690	185,036
Operating loss
-5,107	422	-4,475	-6,613	-10,940	-4,338	-10,353	-6,308	-5,035	-33,682	950	-1,791	-6,342	-34,515	-4,086	-6,689	-8,547	5,633	-209,640	3,039	3,015	-821	10,540	10,987	4,579	12,485	8,360	12,413	9,403	176,498	15,598	-143,403	13,976	20,679	20,715	16,546	14,319	25,055	22,573
Other expenses, net
Interest expense, net
-312	-324	-330	-388	-220	-262	-177	-183	-929	-1,283	-1,285	-1,235	-1,023	-	-	-	-980	-1,647	-1,292	-1,468	-609	-856	-641	-629	-679	-	-729	-750	-	-	-	-	-	-	-	-	-	-	-
Gain on sale from 3Q Digital
-	-	-	5,000	-	0	0	0	30,954	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss on sale
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-9,501	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest expense, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	704	2,400	-	-	-	-	-	-	-	-	-	-	-	-	781	-	850	880	1,019	790	889	626	636	705	684
Interest income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	17	29	29	-	52	67	69	69	41
Other, net
-757	-2,602	-1,081	-1,854	-1,577	-1,072	-891	-827	-1,141	-977	-1,763	-1,826	-1,497	-	-	-	249	-7,870	2,190	-683	407	128	581	-1,075	-734	-646	-536	-82	1,218	-1,189	-747	-402	-655	-	540	-	-	-	-
Other, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	596	597	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	473	642	1,865	-18
Total other expenses, net
-1,069	-2,455	-1,411	2,758	-1,797	-1,334	-1,068	-1,010	28,884	-2,260	-3,048	-3,061	-2,520	-10,283	-1,300	-2,997	-731	-9,517	898	-11,652	-202	-728	-60	-1,704	-1,413	-1,384	-1,265	-832	437	-1,999	-1,580	-1,253	-1,645	-1,184	-297	-1,032	-1,209	-2,501	-625
Loss before income taxes
-6,176	-2,033	-5,886	-3,855	-12,737	-5,672	-11,421	-7,318	23,849	-35,942	-2,098	-4,852	-8,862	-44,798	-5,386	-9,686	-9,278	-3,884	-208,742	-8,613	2,813	-1,549	10,480	9,283	3,166	11,101	7,095	11,581	9,840	174,499	14,018	-144,656	12,331	19,495	20,418	15,514	13,110	22,554	21,948
Income tax (benefit) expense
-11,294	913	102	-52	790	-7,332	-1,400	-600	-8,780	-6,601	382	-2,199	-1,476	27,083	-1,101	-2,774	-2,578	-749	-35,886	-1,923	1,198	-1,401	4,060	3,646	1,321	4,366	2,644	4,645	3,521	50,769	5,149	-40,018	4,896	19,083	8,290	-6,089	5,193	8,739	8,532
Declared dividends per share
-	-	-	-	-	-	-	-	-	-	-	-	-	0.76	0.00	0.00	0.09	3.13	0.09	0.09	0.09	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other comprehensive income (loss), net of tax
Discontinued operations (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.01	-0.20	0.02	0.01	-1.80	0.00	-0.08	-0.01	-	-	-	-	-	-
Discontinued operations (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.02	0.04	0.02	-	0.03	0.04	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income (loss)
5,118	-2,946	-5,988	-3,803	-13,527	1,639	-9,984	-6,734	32,629	-	-2,480	-2,653	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	9,425	7,917	13,815	13,416
Undistributed Earnings (Loss) Allocated to Participating Securities, Basic
683	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Less: Preferred Stock dividends
123	125	125	124	122	208	125	124	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net (loss) income
-	-	-	-	-	-	-	-	-	-	-	-	-	-71,881	-4,285	-6,912	-6,700	-	-172,856	-6,690	-	-	-	-	-	6,735	4,451	6,936	6,319	123,730	8,869	-104,638	7,435	-	-	-	-	-	-
Less: Earnings attributable to participating securities
683	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income from discontinued operations, net of income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-110,318	-6	-5,067	-642	-	-	-	-	-	-
Income (loss) from discontinued operations, net of tax
-	-	-	-	-	-	-	-	-	-	-	-	-	-46,149	1,244	2,649	1,097	-	1,942	2,518	-	-	-	-	-	-168	-12,624	1,373	348	-	-	-	-	-	-	-	-	-	-
Income (loss) attributable to common stockholders
4,312	-3,071	-6,113	-3,927	-13,649	-771	-10,109	-6,858	32,629	-29,341	-2,480	-2,653	-7,386	-118,030	-3,041	-4,263	-5,603	2,543	-170,914	-4,172	1,615	10,089	6,420	5,637	1,845	6,567	-8,173	8,309	6,667	10,696	8,863	-109,705	6,793	-	12,128	-	-	-	-
(Loss) earnings per common share
Basic (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-14.31	-0.07	-0.11	-0.11	-	-2.80	-0.11	-	-	-	-	-	0.11	0.07	0.11	0.10	1.96	0.14	-1.66	0.12	-	-	-	-	-	-
Income (loss) per common share
Basic (in dollars per share)
0.68	-	-0.97	-0.63	-2.18	-	-1.62	-1.10	5.24	-4.73	-0.40	-0.43	-1.20	-21.08	-0.05	-0.07	-0.09	-24.92	-2.77	-0.07	0.03	0.16	0.10	0.09	0.03	0.10	-0.13	0.13	0.11	0.16	0.14	-1.74	0.11	0.24	0.19	0.15	0.12	0.22	0.21
Continuing operations (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-14.31	-0.07	-0.11	-0.11	-	-2.80	-0.11	-	-	-	-	-	0.11	0.07	0.11	0.10	1.96	0.14	-1.66	0.12	-	-	-	-	-	-
Discontinued operations (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.01	-0.20	0.02	0.01	-1.79	0.00	-0.08	-0.01	-	-	-	-	-	-
Discontinued operations (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.02	0.04	0.02	-	0.03	0.04	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Diluted (in dollars per share)
0.67	-0.48	-0.97	-0.63	-2.18	0.43	-1.62	-1.10	4.67	-4.73	-0.40	-0.43	-1.20	-21.08	-0.05	-0.07	-0.09	-24.92	-2.77	-0.07	0.03	0.16	0.10	0.09	0.03	0.10	-0.13	0.13	0.11	0.17	0.14	-1.74	0.11	0.24	0.19	0.15	0.12	0.22	0.21
Weighted average shares used to compute income (loss) per share attributable to common shares
Basic (in shares)
6,320	6,305	6,291	6,272	6,268	6,259	6,250	6,226	6,213	6,208	6,201	6,190	6,169	-159,738	61,543	61,460	61,331	-160,665	61,606	61,843	61,872	61,958	62,398	62,734	62,686	62,557	62,538	62,446	62,471	62,668	62,963	63,007	62,910	62,818	62,798	63,371	63,705	63,622	63,616
Diluted (in shares)
6,481	6,305	6,291	6,272	6,268	5,614	6,250	6,226	6,990	6,208	6,201	6,190	6,169	-159,738	61,543	61,460	61,331	-160,994	61,606	61,843	62,201	62,089	62,585	62,987	62,971	62,824	62,994	62,761	62,669	63,107	63,205	63,007	63,273	63,202	63,059	63,703	64,244	64,076	64,183
Comprehensive income (loss), net of tax:
Adjustment to pension liability
-	-	-	-549	-	-	-	-517	-518	-395	-413	-413	-338	4,299	-358	-357	-522	-2,970	-934	-934	-807	18,896	-558	-504	-553	-19,143	-1,003	-1,003	-1,003	8,428	-900	-901	-901	-	-685	-	-	-	-
Net income (loss)
5,118	-2,946	-5,988	-3,803	-13,527	1,639	-9,984	-6,734	32,629	-	-2,480	-2,653	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Adjustment to pension liability, net:
609	-	549	-	550	-	517	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Foreign currency translation adjustment
-558	-	-660	-	-28	-	-248	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Adoption of ASU 2018-02
-	-	0	-	-11,355	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Foreign currency translation adjustment
-	-	-	377	-	-	-	-805	-154	-361	33	599	45	2,300	-437	-949	-470	-798	-1,077	1,386	-1,487	-1,088	-1,348	420	186	127	1,056	-589	-1,130	473	871	-915	886	-	-1,875	-	-	-	-
Adjustment to pension liability
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-685	-	-	-
Foreign currency translation adjustments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	240	-	-	-
Total other comprehensive income (loss), net of tax
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	925	-	-	-
Total other comprehensive income (loss), net of tax
51	-6,633	-111	926	-10,833	-2,525	269	-288	364	34	446	1,012	383	-	-79	-592	52	-	-143	2,320	-680	-	-790	924	739	19,270	2,059	414	-127	-7,955	1,771	-14	1,787	-	-1,190	-	-	-	-
Adjustment to pension liability
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	685	-	-
Foreign currency translation adjustments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	784	-	-
Total other comprehensive income, net of tax
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,469	-	-
Comprehensive income (loss)
5,169	-9,579	-6,099	-2,877	-24,360	-886	-9,715	-7,022	32,993	-29,307	-2,034	-1,641	-7,003	-120,029	-3,120	-4,855	-5,551	4,715	-171,057	-1,852	935	-9,895	5,630	6,561	2,584	25,837	-6,114	8,723	6,540	2,741	10,634	-109,719	8,580	1,883	10,938	10,350	9,386	-	-
Preferred Stock Dividends, Income Statement Impact
123	125	125	124	122	208	125	124	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Comprehensive loss attributable to common stockholders
-	-	-6,224	-3,001	-	-	-9,840	-7,146	32,993	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-