Hill-rom holdings, inc. (HRC)
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'09Jun'09
Acquisition-related intangible asset amortization

-

26,700

-

-

-

25,700

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Product sales and service revenue

647,000

614,300

713,900

653,000

636,500

611,600

666,100

617,600

610,700

575,200

643,500

593,100

579,600

541,900

613,000

556,000

529,300

565,100

478,600

376,800

375,700

373,400

389,500

302,800

313,600

295,500

342,500

323,100

318,300

324,400

330,100

300,600

300,600

266,900

316,300

267,200

278,800

256,700

282,600

246,200

236,200

231,600

219,100

Rental revenue

76,200

70,700

68,900

73,800

77,700

71,900

93,100

91,000

99,800

94,500

94,800

96,000

99,300

95,500

93,000

99,400

103,300

96,100

95,300

97,700

99,100

91,600

90,300

94,800

101,700

97,900

95,400

101,100

107,400

104,000

101,500

105,900

114,500

114,200

114,300

117,600

123,300

117,500

114,000

114,400

120,900

123,700

115,600

Revenues

723,200

685,000

782,800

726,800

714,200

683,500

759,200

708,600

710,500

669,700

738,300

689,100

678,900

637,400

706,000

655,400

632,600

661,200

573,900

474,500

474,800

465,000

479,800

397,600

415,300

393,400

437,900

424,200

425,700

428,400

431,600

406,500

415,100

381,100

430,600

384,800

402,100

374,200

396,600

360,600

357,100

355,300

334,700

Total cost of net revenue (excludes acquisition-related intangible asset amortization)

317,200

306,300

359,400

332,300

322,700

316,300

338,800

317,500

313,700

304,100

235,000

311,500

354,500

334,800

170,500

340,000

328,400

370,500

317,200

265,000

260,600

265,100

266,500

210,500

212,600

216,600

235,200

234,100

229,600

237,000

230,500

233,800

219,300

196,000

220,000

197,200

203,500

189,700

200,600

182,600

185,300

184,500

184,000

Rental expenses

38,500

37,000

37,600

37,900

38,900

37,200

44,200

43,100

46,400

46,000

45,600

46,500

48,800

46,400

45,900

46,400

49,100

47,400

48,300

47,100

46,700

44,600

45,200

42,300

43,100

45,400

45,500

46,600

47,900

48,100

45,200

45,700

50,000

48,300

49,200

51,800

52,500

50,100

49,400

50,100

50,900

54,000

49,400

Cost of Revenue

355,700

343,300

397,000

370,200

361,600

353,500

383,000

360,600

360,100

350,100

471,000

358,000

305,700

288,400

502,200

293,600

279,300

323,100

268,900

217,900

213,900

220,500

221,300

168,200

169,500

171,200

189,700

187,500

181,700

188,900

185,300

188,100

169,300

147,700

170,800

145,400

151,000

139,600

151,200

132,500

134,400

130,500

134,600

Gross Profit

-

-

-

356,600

-

-

376,200

348,000

350,400

319,600

362,500

331,100

324,400

302,600

346,700

315,400

304,200

290,700

256,700

209,500

214,200

199,900

213,300

187,100

202,700

176,800

202,700

190,100

196,100

191,400

201,100

172,700

195,800

185,100

210,600

187,600

198,600

184,500

196,000

178,000

171,800

170,800

150,700

Research and development expenses

34,400

31,500

35,600

34,100

36,600

33,200

35,000

33,600

34,700

32,300

31,500

34,900

35,300

32,000

32,000

33,600

34,300

33,600

24,500

23,300

22,200

21,800

21,600

17,500

16,400

16,400

18,000

16,700

18,300

17,200

18,700

16,100

16,800

15,300

15,500

17,300

16,200

14,800

14,900

14,100

14,400

14,900

13,000

Selling and administrative expenses

209,900

196,800

245,400

246,400

231,200

218,000

215,300

221,900

232,700

221,700

222,300

221,000

222,400

208,800

212,800

209,900

209,400

221,200

208,700

150,500

149,900

155,100

151,600

128,600

130,100

138,000

135,600

136,400

141,400

136,100

130,100

120,500

125,600

120,200

126,900

124,600

130,500

120,000

116,000

116,200

120,800

121,600

113,700

Selling and administrative expense, revised

-

-

-

-

203,900

192,300

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Amortization of Intangible Assets

27,100

26,700

-

-

27,300

25,700

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Special charges

8,800

7,800

10,700

6,200

3,500

8,000

13,200

14,000

36,900

13,500

-6,300

34,800

3,100

5,800

8,400

13,700

10,700

7,100

29,300

4,400

3,800

3,700

4,700

3,000

28,400

1,000

2,000

800

2,900

0

-

1,700

8,000

-

-

-1,200

2,600

-

-

-

5,000

-

2,600

Income tax expense

9,900

2,800

24,700

13,100

11,200

7,400

-1,000

10,300

-7,000

-57,500

21,200

10,400

7,300

11,800

17,700

-9,700

6,000

1,500

-6,400

9,300

10,500

4,900

9,600

10,200

28,600

6,200

9,500

10,500

7,700

11,300

5,700

10,000

11,500

15,500

-2,900

2,100

14,800

12,200

23,400

15,500

5,200

12,800

6,900

Income Before Income Taxes

56,800

42,600

52,600

45,700

60,700

49,600

89,400

55,500

21,500

30,800

90,300

16,100

41,300

35,300

69,100

35,300

28,100

5,800

-16,500

28,000

36,600

17,000

34,200

36,300

25,300

19,400

44,800

33,900

30,000

35,300

44,900

33,400

36,800

48,400

60,600

3,600

47,900

47,600

74,200

46,300

29,700

32,700

27,100

Gain (Loss) on Disposition of Business

-

-

-

-

-

-

-

1,000

1,000

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Litigation credit (Note 13)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1,000

-

-

-

0

-

-42,300

-

-

-

-

-

-

-

Impairment of other intangibles (Note 3)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

8,000

-

-

0

0

-

-

-

-

-

3,800

Operating Profit

87,300

78,900

94,100

69,900

81,300

70,800

112,700

78,500

46,100

52,100

115,000

40,400

63,600

56,000

93,500

58,200

49,800

28,800

-5,800

31,300

38,300

19,300

35,400

38,000

27,800

21,400

48,100

36,200

33,500

37,100

47,400

34,400

37,400

49,600

63,200

4,600

49,300

49,700

78,100

47,700

31,600

34,300

17,600

Gain on sale of non-strategic assets (Note 3)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

10,200

Interest expense

19,100

19,400

23,400

23,100

21,800

21,300

23,500

24,200

24,200

23,100

23,700

23,800

21,900

19,500

22,200

23,000

22,700

22,500

8,900

3,300

3,000

3,200

3,000

2,500

2,300

2,000

2,600

2,300

2,300

2,300

2,100

1,400

1,200

1,800

2,200

2,100

2,100

2,100

2,300

2,100

2,200

2,100

2,500

Gain (Loss) on Extinguishment of Debt

0

-15,600

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Investment income (expense) and other, net

-11,400

-1,300

-14,800

-1,100

1,200

100

200

1,200

-400

1,800

-1,000

-500

-400

-1,200

8,600

100

1,000

-500

-1,800

0

1,300

900

1,800

800

-200

0

-700

0

-1,200

500

-400

400

600

600

-400

1,100

700

0

-1,600

700

300

500

1,800

Net Income (Loss), Including Portion Attributable to Noncontrolling Interest

-

39,800

-

32,600

-

42,200

90,400

45,200

28,500

88,300

69,100

5,700

34,000

23,500

51,400

45,000

22,100

4,300

-10,100

18,700

26,100

12,100

-

26,100

-

-

-

-

-

-

-

-

-

-

63,500

1,500

33,100

35,400

50,800

30,800

24,500

19,900

20,200

Net Income (Loss) Attributable to Noncontrolling Interest

-

-

-

-

-

-

-

-

-

-

-300

-300

-400

-300

-300

-300

-200

-500

-500

-400

0

0

-

0

-

-

-

-

-

-

-

-

-

-

0

0

0

200

100

200

300

100

-

Net Income

46,900

39,800

27,900

32,600

49,500

42,200

90,400

45,200

28,500

88,300

69,400

6,000

34,400

23,800

51,700

45,300

22,300

4,800

-9,600

19,100

26,100

12,100

24,600

26,100

-3,300

13,200

35,300

23,400

22,300

24,000

39,200

23,400

25,300

32,900

63,500

1,500

33,100

35,200

50,700

30,600

24,200

19,800

20,200

Net Income Attributable to Common Shareholders per Common Share - Basic (usd per share)

0.70

0.60

0.42

0.49

0.74

0.63

1.36

0.68

0.43

1.34

1.07

0.09

0.52

0.36

0.80

0.69

0.34

0.07

-0.18

0.34

0.46

0.21

0.42

0.46

-0.06

0.23

0.60

0.39

0.37

0.39

0.62

0.38

0.41

0.53

1.00

0.02

0.53

0.56

0.81

0.48

0.38

0.32

0.32

Earnings Per Share, Diluted

0.70

0.59

0.41

0.48

0.74

0.62

1.33

0.67

0.42

1.31

1.03

0.09

0.51

0.36

0.78

0.68

0.33

0.07

-0.17

0.33

0.45

0.21

0.43

0.45

-0.06

0.22

0.59

0.39

0.37

0.39

0.64

0.37

0.40

0.53

1.00

0.02

0.52

0.55

0.80

0.48

0.38

0.31

0.32

Dividends per Common Share (usd per share)

-

-

-

-

-

-

-

-

-

0.18

-

0.18

0.18

0.17

0.17

0.17

0.17

0.16

0.16

0.16

0.16

0.15

0.15

0.15

0.15

0.13

0.13

0.13

0.12

0.12

0.12

0.12

0.12

0.11

0.11

0.11

0.10

0.10

0.10

0.10

0.10

0.10

0.10

Average Common Shares Outstanding - Basic (thousands) (Note 10) (in shares)

66,685

66,792

66,562

66,777

66,696

67,053

66,539

66,299

66,192

65,906

65,635

65,795

65,462

65,504

65,378

65,406

65,331

65,217

58,645

56,670

56,544

57,137

57,414

57,273

57,303

58,230

58,747

59,743

60,247

60,903

124,122

62,319

62

61,976

63,077

63,584

63,000

62,995

62,965

63,193

62,887

62,691

62,583

Average Common Shares Outstanding - Diluted (thousands) (Note 10) (in shares)

67,218

67,329

68,125

67,446

67,344

67,725

67,773

67,646

67,597

67,432

67,220

67,688

67,132

66,860

67,176

66,552

66,382

66,274

60,481

57,899

57,610

58,154

59,487

58,160

57,303

59,142

59,119

60,163

60,612

61,106

124,474

62,570

62

62,337

63,230

64,211

63,911

64,244

64,264

63,987

63,500

63,205

62,880