HEIDRICK & STRUGGLES INTERNATIONAL INC HSII Income Statement

Heidrick & struggles international inc (HSII)

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
Revenue, Net of Reimbursements
171,481	180,034	182,174	173,122	171,594	185,305	187,588	183,059	160,071	169,380	159,800	152,214	140,006	159,821	143,519	148,861	130,189	144,520	138,421	133,045	115,153	121,262	125,829	136,080	111,121	118,003	118,981	122,033	102,978	103,874	117,312	116,065	106,526	127,159	142,213	142,799	115,622	126,129	126,071
Revenue
Reimbursements Revenue
3,366	4,615	4,344	5,051	4,680	5,662	4,753	4,630	4,587	4,916	4,665	4,904	4,171	4,743	4,720	4,955	4,098	4,776	4,429	4,641	3,326	5,226	4,432	4,878	4,411	4,850	4,523	5,295	4,330	4,787	5,033	5,692	5,792	7,023	7,092	6,815	5,257	5,099	4,589
Total revenue
174,847	184,649	186,518	178,173	176,274	190,967	192,341	187,689	164,658	174,296	164,465	157,118	144,177	164,564	148,239	153,816	134,287	149,296	142,850	137,686	118,479	126,488	130,261	140,958	115,532	122,853	123,504	127,328	107,308	108,661	122,345	121,757	112,318	134,182	149,305	149,614	120,879	131,228	130,660
Operating expenses
Salaries and benefits
121,089	129,893	130,479	120,601	120,818	133,328	133,933	127,679	111,409	125,060	108,546	103,378	97,235	112,055	95,355	101,542	91,118	104,471	95,724	90,717	78,473	85,359	84,046	92,128	75,915	83,283	81,671	83,066	71,479	73,343	79,628	79,859	76,672	85,106	99,700	99,219	88,381	88,324	85,995
General and administrative expenses
32,240	35,846	33,093	34,168	34,385	35,285	33,072	36,919	35,541	35,862	37,232	38,089	36,133	40,101	36,158	35,625	35,203	34,764	29,764	33,156	30,008	32,099	32,226	31,440	34,426	33,639	28,957	33,225	31,110	31,002	27,499	28,960	26,365	30,211	28,782	33,270	31,329	32,505	32,854
Goodwill and Intangible Asset Impairment
-	-	4,130	-	-	-	0	-	-	-	0	39,158	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	26,366	-	-	-	-
Restructuring Charges
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	507	303	-	-	-	-	920	701
Reimbursable Expenses
3,366	4,615	4,344	5,051	4,680	5,662	4,753	4,630	4,587	4,916	4,665	4,904	4,171	4,743	4,720	4,955	4,098	4,776	4,429	4,641	3,326	5,226	4,432	4,878	4,411	4,850	4,523	5,295	4,330	4,787	5,033	5,692	5,792	7,023	7,092	6,815	5,257	5,099	4,589
Other operating income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,072
Total operating expenses
156,695	170,354	172,046	159,820	159,883	174,275	171,758	169,228	151,537	193,068	150,443	185,529	137,539	156,899	136,233	142,122	130,419	144,011	129,917	128,514	111,807	122,684	120,704	128,446	114,752	121,772	115,151	121,586	106,919	109,132	112,160	115,018	109,132	138,684	161,940	139,304	124,967	126,848	123,067
Operating income
18,152	14,295	14,472	18,353	16,391	16,692	20,583	18,461	13,121	-18,772	14,022	-28,411	6,638	7,665	12,006	11,694	3,868	5,285	12,933	9,172	6,672	3,804	9,557	12,512	780	1,081	8,353	5,742	389	-471	10,185	6,739	3,186	-4,502	-12,635	10,310	-4,088	4,380	7,593
Non-operating income (expense)
Interest, net
679	841	819	412	808	645	259	-2	239	190	94	-96	197	72	42	58	72	178	-54	-175	-71	-126	-152	-110	30	-55	-91	-106	77	262	149	231	476	549	300	258	295	157	188
Other, net
-4,435	1,011	-464	708	1,643	-1,355	2,345	-48	-448	-507	147	-179	-2,741	1,871	340	29	49	-690	-1,742	121	-75	-1,664	-488	342	-298	-328	-709	-584	-381	454	-299	-1,476	826	-1,785	-1,803	441	-2,115	733	-2,448
Net non-operating income (expense)
-3,756	1,852	355	1,120	2,451	-710	2,604	-50	-209	-317	241	-275	-2,544	1,943	382	87	121	-512	-1,796	-54	-146	-1,790	-640	232	-268	-383	-800	-690	-304	716	-150	-1,245	1,302	-1,236	-1,503	699	-1,820	890	-2,260
Income before income taxes
14,396	16,147	14,827	19,473	18,842	15,982	23,187	18,411	12,912	-19,089	14,263	-28,686	4,094	9,608	12,388	11,781	3,989	4,773	11,137	9,118	6,526	2,014	8,917	12,744	512	698	7,553	5,052	85	245	10,035	5,494	4,488	-5,738	-14,138	11,009	-5,908	5,270	5,333
Provision for income taxes
-5,730	19,102	4,880	5,193	-6,755	4,787	6,718	6,948	2,744	20,119	6,092	-10,438	3,444	9,115	5,448	5,126	2,664	3,513	3,647	4,162	3,100	1,252	5,925	8,957	1,256	-803	3,429	3,115	1,300	647	5,924	3,642	3,809	-1,649	18,263	3,580	-1,247	4,086	2,661
Net Income (Loss) Attributable to Parent
8,666	10,555	9,947	14,280	12,087	11,195	16,469	11,463	10,168	-39,208	8,171	-18,248	650	493	6,940	6,655	1,325	1,260	7,490	4,956	3,426	762	2,992	3,787	-744	1,501	4,124	1,937	-1,215	-402	4,111	1,852	679	-4,089	-32,401	7,429	-4,661	1,184	2,672
Other comprehensive income (loss), net of tax
Foreign currency translation adjustment
-3,716	1,868	-1,337	-7	320	-778	-881	-3,816	1,590	1,074	995	2,967	1,817	-5,098	-717	-1,561	1,105	-166	-347	-455	-843	-168	-2,315	215	1,033	-230	232	-1,511	-490	-849	848	-1,049	583	-	-	-	-	-	-
Net unrealized loss on available-for-sale investments
-30	1	0	12	0	-	0	0	-	802	624	426	808	5	519	286	225	13	-941	-98	237	102	-349	441	68	108	436	270	451	157	430	-97	601	-	-	-	-	-	-
Pension gain (loss) adjustment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-2	-76	-45	77	-65	-4	414	-74	-105	-120	-	-	-	0	-	-	-	-	-	-
Other comprehensive income (loss), net of tax
-3,746	774	-1,337	5	320	-57	-881	-3,816	1,590	2,356	1,619	3,393	2,625	-5,794	-198	-1,275	1,330	561	-1,288	-555	-682	-2,847	-2,587	591	1,097	920	594	-1,346	-159	-2,593	1,278	-1,146	1,184	63	-8,038	3,527	2,447	-	-
Comprehensive income
4,920	11,329	8,610	14,285	12,407	11,138	15,588	7,647	11,758	-36,852	9,790	-14,855	3,275	-5,301	6,742	5,380	2,655	1,821	6,202	4,401	2,744	-2,085	405	4,378	353	2,421	4,718	591	-1,374	-2,995	5,389	706	1,863	-4,026	-40,439	10,956	-2,214	-	-
Weighted Average Number of Shares Outstanding, Basic
19,192	19,162	19,127	19,120	19,003	18,954	18,954	18,934	18,826	18,782	18,781	18,749	18,628	18,578	18,577	18,557	18,448	18,400	18,372	18,315	18,249	18,240	18,233	18,215	18,152	18,118	18,104	18,076	18,010	17,977	17,995	18,010	17,902	53,457	17	17	17,627	17,524	17,487
Weighted Average Number Diluted Shares Outstanding Adjustment
-	-	-	311	-	-	-	394	495	-	-	-	-	928	273	260	531	649	277	283	315	-	233	169	-	-	119	148	-	-	102	128	-	-	-	0	-	-	-
Weighted Average Number of Shares Outstanding, Diluted
19,776	19,841	19,428	19,431	19,504	20,078	19,401	19,328	19,321	17,956	19,016	18,749	19,219	19,506	18,850	18,817	18,979	19,049	18,649	18,598	18,564	18,726	18,466	18,384	18,152	18,471	18,223	18,224	18,010	18,072	18,097	18,138	18,173	53,457	17	17	17,627	17,793	17,859
Earnings Per Share, Basic
0.45	0.54	0.52	0.75	0.64	0.59	0.87	0.61	0.54	-2.10	0.44	-0.97	0.03	0.03	0.37	0.36	0.07	0.06	0.41	0.27	0.19	0.04	0.16	0.21	-0.04	0.08	0.23	0.11	-0.07	-0.02	0.23	0.10	0.04	-0.24	-1.82	0.42	-0.26	0.07	0.15
Earnings Per Share, Diluted
0.44	0.54	0.51	0.73	0.62	0.58	0.85	0.59	0.53	-2.09	0.43	-0.97	0.03	0.02	0.37	0.35	0.07	0.07	0.40	0.27	0.18	0.04	0.16	0.21	-0.04	0.08	0.23	0.11	-0.07	-0.03	0.23	0.10	0.04	-0.23	-1.82	0.41	-0.26	0.07	0.15
Cash dividends paid per share (in USD per share)
0.15	0.15	0.15	0.15	0.15	0.13	0.13	0.13	0.13	0.13	0.13	0.13	0.13	0.13	0.13	0.13	0.13	0.13	0.13	0.13	0.13	0.13	0.13	0.13	0.13	0.13	0.13	0.13	0.00	0.26	0.13	0.13	0.13	0.13	0.13	0.13	0.13	0.13	0.13