HMS HOLDINGS CORP HMSY Income Statement

Hms holdings corp (HMSY)

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	Dec'10	Sep'10	Jun'10	Mar'10	Sep'09	Jun'09
Revenue
171,412	163,445	146,815	168,182	147,953	155,828	154,246	146,791	141,425	148,493	125,673	133,313	113,733	125,590	122,860	121,512	119,758	128,514	118,444	116,934	110,324	112,161	113,796	112,561	104,707	121,592	127,754	125,809	116,607	133,096	113,217	120,069	107,314	99,667	92,356	89,346	82,457	87,167	80,022	70,726	64,952	59,164	53,814
Compensation
67,455	59,289	56,258	58,322	57,452	55,438	58,188	55,188	56,079	52,264	49,012	51,853	48,920	47,229	48,298	47,343	46,401	46,694	43,628	43,883	44,067	48,847	42,375	43,130	46,921	52,301	48,007	46,032	43,984	42,058	40,170	40,043	39,276	32,009	31,762	31,531	31,311	30,011	27,211	25,391	23,789	19,191	17,815
Direct project and other operating expenses
24,895	26,377	22,751	20,742	20,199	20,511	19,228	17,959	16,648	39,680	9,548	10,101	10,443	9,301	10,997	11,473	14,483	14,775	12,702	13,572	10,478	9,402	9,878	9,913	7,673	9,053	10,790	12,269	13,270	14,699	14,530	13,200	12,843	11,971	9,893	11,064	9,589	9,886	9,818	8,204	7,574	7,446	7,399
Information technology
14,903	14,322	14,207	12,316	13,105	13,946	12,979	14,240	12,263	12,592	12,067	11,281	9,783	9,068	9,541	9,104	9,624	10,409	10,023	10,438	10,045	10,438	9,825	10,174	9,224	9,141	9,688	9,188	9,098	8,700	7,871	8,026	6,894	6,511	5,973	5,652	4,982	5,306	4,576	4,296	3,819	3,476	3,491
Occupancy
4,362	4,100	4,144	4,052	4,079	4,071	3,500	4,014	4,383	5,081	4,332	4,230	3,547	3,354	3,388	3,631	3,627	3,765	4,188	3,806	4,007	3,835	4,467	4,688	3,960	4,631	4,363	4,781	4,622	4,714	4,428	4,194	4,120	3,725	3,794	3,726	3,808	3,683	3,490	2,809	3,341	2,540	2,495
Other operating expenses
-	-	-	-	-	-	-	-	-	-	7,446	6,562	7,203	7,130	8,465	6,407	5,776	8,453	6,551	7,153	6,738	6,373	6,817	5,915	5,483	6,166	6,035	7,653	6,637	6,282	3,198	5,986	5,127	4,606	4,637	4,597	4,214	4,777	4,565	3,945	3,228	3,617	3,215
Amortization of acquisition related software and intangible assets
5,505	4,509	4,158	4,166	4,166	7,280	7,942	9,621	8,132	8,568	8,167	7,372	6,286	7,614	6,390	7,013	7,013	7,013	7,041	7,047	7,047	7,132	7,160	7,160	7,160	7,160	7,899	8,759	7,929	8,104	8,149	8,149	8,149	3,402	1,660	1,648	1,740	1,651	1,665	1,398	1,503	1,211	1,216
Total cost of services
117,120	108,597	101,518	99,598	99,001	101,246	101,837	101,022	97,505	96,974	90,572	91,399	86,182	83,696	87,079	84,971	86,924	91,109	84,133	85,899	82,382	86,027	80,522	80,980	80,421	88,452	86,782	88,682	85,540	84,557	78,346	79,598	76,409	62,224	57,719	58,218	55,644	55,314	51,325	46,043	43,254	37,481	35,631
Selling, general and administrative expenses
35,839	29,151	28,232	28,036	29,246	26,734	28,178	26,532	31,998	32,253	22,240	27,553	23,608	23,136	23,131	20,189	22,925	22,582	21,295	19,283	19,961	26,225	19,334	19,023	16,489	12,879	19,689	16,761	15,799	11,377	14,158	14,875	14,864	17,218	10,560	10,668	10,704	11,288	10,419	9,498	8,982	7,322	6,743
Settlement expense
-	-	0	0	-	-	0	-20,000	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total operating expenses
152,959	137,748	129,750	127,634	128,247	127,980	130,015	147,554	129,503	129,227	112,812	118,952	109,790	106,832	110,210	105,160	109,849	113,691	105,428	105,182	102,343	112,252	99,856	100,003	96,910	101,331	106,471	105,443	101,339	95,934	92,504	94,473	91,273	79,442	68,279	68,886	66,348	66,602	61,744	55,541	52,236	44,803	42,374
Operating income
18,453	25,697	17,065	40,548	19,706	27,848	24,231	-763	11,922	19,266	12,861	14,361	3,943	18,758	12,650	16,352	9,909	14,823	13,016	11,752	7,981	-91	13,940	12,558	7,797	20,261	21,283	20,366	15,268	37,162	20,713	25,596	16,041	20,225	24,077	20,460	16,109	20,565	18,278	15,185	12,716	14,361	11,440
Interest expense
2,262	2,634	2,677	2,853	2,849	2,748	2,880	3,034	2,648	3,137	3,109	2,339	2,286	2,207	2,121	2,100	2,091	1,970	1,948	1,940	1,954	1,952	1,961	1,939	2,079	2,363	2,318	4,047	3,732	4,073	4,125	4,158	4,205	540	19	23	23	24	24	23	23	254	278
Interest income
234	858	1,210	966	1,114	489	292	188	120	93	14	33	155	109	105	60	47	15	11	12	11	10	11	12	24	35	18	17	1	-5	13	2	2	0	14	16	35	21	32	24	17	46	56
Other income
652	-	7,697	-	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2	0	776	23	36	27	209	110	-67	165	277	257	-	-31	-	-	-	-
Income before income taxes
17,077	24,435	23,295	38,661	17,971	25,589	21,643	-3,609	9,394	16,222	9,766	12,055	1,812	16,660	10,634	14,312	7,865	12,868	11,079	9,824	6,038	-2,033	11,990	10,631	5,742	17,935	18,983	17,112	11,560	33,120	16,628	21,649	11,948	19,618	24,237	20,730	16,378	20,524	18,255	15,186	12,710	14,153	11,218
Income taxes
4,395	7,089	2,159	9,561	-1,671	-7,802	3,069	-242	3,003	-9,501	3,394	5,538	370	7,499	-3,412	4,443	3,305	4,143	4,217	4,406	2,516	361	5,040	4,593	2,389	6,842	7,475	6,692	4,584	13,134	6,121	8,669	4,905	8,487	9,822	8,307	6,562	8,169	7,209	6,074	5,131	5,774	4,580
Net income
12,682	17,346	21,136	29,100	19,642	33,391	18,574	-3,367	6,391	25,723	6,372	6,517	1,442	9,161	14,046	9,869	4,560	8,725	6,862	5,418	3,522	-2,394	6,950	6,038	3,353	11,093	11,508	10,420	6,976	19,986	10,507	12,980	7,043	11,131	14,415	12,423	9,816	12,355	11,046	9,112	7,579	8,379	6,638
Basic income per common share:
Net income per common share -- basic (in dollars per share)
0.14	0.19	0.24	0.34	0.23	0.40	0.22	-0.04	0.08	0.30	0.08	0.08	0.02	0.11	0.17	0.12	0.05	0.10	0.08	0.06	0.04	-0.03	0.08	0.07	0.04	0.13	0.13	0.12	0.08	0.24	0.12	0.15	0.08	0.12	0.17	0.15	0.12	-0.03	0.13	0.11	0.28	0.32	0.26
Diluted income per common share:
Net income per common share -- diluted (in dollars per share)
0.14	0.19	0.24	0.33	0.22	0.39	0.22	-0.04	0.07	0.30	0.07	0.08	0.02	0.09	0.17	0.12	0.05	0.10	0.08	0.06	0.04	-0.03	0.08	0.07	0.04	0.12	0.13	0.12	0.08	0.22	0.12	0.15	0.08	0.13	0.17	0.14	0.11	-0.04	0.13	0.11	0.27	0.30	0.24
Weighted average shares:
Basic (in shares)
88,202	90,755	86,324	85,956	85,853	83,827	83,509	83,231	83,933	83,823	83,923	83,921	83,617	84,677	84,101	84,073	84,033	87,456	87,299	88,523	88,246	87,829	87,736	87,691	87,436	87,750	87,830	87,674	87,138	86,351	86,405	86,196	85,864	86,457	84,159	83,925	83,811	136,800	82,009	81,320	26,919	26,228	26
Diluted (in shares)
89,601	92,472	88,324	87,858	88,614	90,519	85,144	83,231	85,682	83,216	85,730	85,826	85,580	94,088	84,853	84,528	84,479	88,120	87,792	88,908	88,624	88,396	88,233	88,092	87,935	86,360	89,167	89,023	88,826	87,789	88,744	88,351	88,576	89,313	86,869	86,720	86,874	142,785	85,450	85,088	28,177	27,697	27