HURON CONSULTING GROUP INC. HURN Income Statement

Huron consulting group inc. (HURN)

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
Revenues and reimbursable expenses:
Revenue from Contract with Customer, Including Assessed Tax
222,619	232,269	219,289	220,754	204,445	205,454	198,448	197,544	193,679	185,927	176,376	181,418	188,849	178,124	183,400	184,259	180,489	185,100	175,465	184,019	154,426	9,501	198,049	209,405	210,731	28,950	174,735	170,407	164,036	180,765	161,888	144,671	138,637	163,044	153,579	153,070	136,621	106,830	145,442	135,654	127,742	149,013	154,446
Reimbursable Revenues
19,303	22,930	23,636	23,534	18,617	23,226	21,296	20,733	17,619	19,313	17,982	20,930	16,950	17,076	19,093	18,982	16,561	16,747	16,091	20,867	16,308	14,924	18,679	21,141	19,103	13,622	17,542	18,123	15,336	13,944	13,470	14,554	13,796	13,300	13,140	13,216	11,924	6,501	12,860	12,490	11,499	12,731	12,111
Total revenues and reimbursable expenses
241,922	255,199	242,925	244,288	223,062	228,680	219,744	218,277	211,298	205,240	194,358	202,348	205,799	195,200	202,493	203,241	197,050	201,847	191,556	204,886	170,734	24,425	216,728	230,546	229,834	42,572	192,277	188,530	179,372	194,709	175,358	159,225	152,433	176,344	166,719	166,286	148,545	113,331	158,302	148,144	139,241	161,744	166,557
Direct costs and reimbursable expenses (exclusive of depreciation and amortization shown in operating expenses):
Direct costs and reimbursable expenses (exclusive of depreciation and amortization shown in operating expenses):
Cost of Goods and Service, Excluding Depreciation, Depletion, and Amortization
156,248	-	-	-	137,780	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Direct costs
-	-	143,034	141,628	-	132,581	128,596	127,574	132,786	111,621	113,775	113,669	115,741	114,246	108,354	103,099	111,857	104,467	94,821	101,233	101,394	6,479	129,899	124,289	123,610	8,314	106,087	102,869	106,128	106,942	89,283	91,878	96,781	104,012	92,865	91,132	88,075	61,831	87,250	83,033	84,911	91,012	99,057
Cost, Depreciation and Amortization
1,301	1,925	1,162	1,171	1,117	1,052	1,009	968	1,218	2,544	2,657	2,745	2,986	3,862	4,052	3,840	3,386	4,686	4,738	4,910	2,454	972	1,227	1,290	1,101	653	675	674	658	738	787	1,142	1,142	1,253	1,309	1,369	1,433	1,466	886	887	886	961	1,087
Reimbursable Expense
19,389	22,799	23,571	23,657	18,669	23,213	21,246	20,915	17,549	19,535	18,079	20,953	16,869	17,002	18,956	19,164	16,627	16,738	15,837	20,950	16,407	14,874	18,651	20,899	19,431	13,665	17,531	18,118	15,351	13,964	13,405	14,585	13,818	13,287	13,005	13,326	12,055	6,308	12,920	12,443	11,552	12,718	12,104
Total direct costs and reimbursable expenses
176,938	177,884	167,767	166,456	157,566	156,846	150,851	149,457	151,553	133,700	134,511	137,367	135,596	135,110	131,362	126,103	131,870	125,891	115,396	127,093	120,255	22,325	149,777	146,478	144,142	22,632	124,293	121,661	122,137	121,644	103,475	107,605	111,741	118,552	107,179	105,827	101,563	69,605	101,056	96,363	97,349	104,691	112,248
Operating expenses and other losses (gains), net
Selling, general and administrative expenses
43,446	51,662	48,123	52,537	50,749	42,502	45,915	45,488	47,078	43,227	41,576	43,705	46,856	40,267	38,256	39,624	42,057	40,646	39,246	41,186	36,824	12,651	39,276	43,184	37,688	16,669	37,197	30,847	32,263	32,829	31,095	31,275	30,067	31,069	27,617	31,070	29,569	26,780	26,658	29,024	29,068	27,202	33,036
Selling, general and administrative expenses
1,609	-301	127	754	1,275	992	-31	1,984	712	905	1,347	3,669	279	5,471	1,049	1,747	1,333	1,708	320	601	700	1,415	233	1,034	129	-	-	596	-	751	2,194	229	830	2,450	394	461	524	-	295	1,165	-	1,942	-
Restatement related expenses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	68	212	1,505	709	845	1,785	1,240	4,423	1,056	2,428	759	13,042	385
Gain (Loss) Related To Litigation Settlement And Other Operating Gains
150	-375	630	485	456	-2,971	-887	6,707	-830	-1,333	-880	1,102	0	-	-494	0	-	10,000	0	-750	226	-	150	440	-	-575	5,300	0	1,150	-	-	-1,150	-	0	0	-508	-588	-	-	-4,764	-	-	-
Depreciation and amortization
6,114	7,080	6,962	7,151	7,172	8,294	8,561	8,917	8,803	9,664	9,946	9,684	8,919	8,435	8,092	7,558	7,414	6,849	6,538	6,459	5,289	-3,187	6,315	6,267	6,056	-3,901	4,968	4,877	4,779	4,944	4,879	4,053	4,653	4,935	5,007	4,336	4,246	4,298	4,608	4,839	4,627	5,484	5,659
Asset Impairment Charges
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Goodwill, Impairment Loss
59,816	-	-	-	0	-	-	-	-	-	0	209,600	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	13,083	-	-	-	21,973	-	-	-	-	-	-	67,034	-
Total operating expenses and other losses (gains), net
110,835	58,816	54,582	59,957	58,740	54,759	55,332	49,682	57,423	98,668	53,749	265,556	56,054	51,681	47,891	48,929	50,804	39,247	46,104	48,996	42,543	10,879	45,674	50,045	43,873	13,052	36,865	36,320	35,892	38,524	51,319	36,919	37,055	39,163	55,836	38,160	36,167	50,655	32,617	42,220	34,454	114,704	39,080
Other gains
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,687
Operating Income (Loss)
-45,851	18,499	20,576	17,875	6,756	17,075	13,561	19,138	2,322	-27,128	6,098	-200,575	14,149	8,409	23,240	28,209	14,376	36,709	30,056	28,797	7,936	-8,779	21,277	34,023	41,819	6,888	31,119	30,549	21,343	34,541	20,564	14,701	3,637	18,629	3,704	22,299	10,815	-6,929	24,629	9,561	7,438	-57,651	17,916
Other income (expense), net:
Interest expense, net of interest income
-2,341	-11,540	-4,374	4,524	-4,258	-24,393	-4,628	5,022	4,986	-32,424	4,880	4,927	4,004	4,004	4,176	4,123	3,971	4,342	4,638	4,763	4,393	3,836	1,878	1,594	1,371	1,375	1,531	1,706	1,863	2,030	2,312	2,015	1,866	2,390	2,762	3,535	3,572	3,854	4,040	3,553	2,955	3,256	3,020
Other income (expense), net
-5,296	1,603	-82	695	2,217	-2,731	707	-5,693	-145	361	930	1,516	758	-39	489	276	471	185	-1,400	101	-683	109	-54	169	176	388	104	-152	13	122	136	-163	333	454	-571	-65	104	219	261	-464	246	1,020	642
Nonoperating Income (Expense)
-7,637	-889	-4,456	-3,829	-2,041	-7,108	-3,921	-10,715	-5,131	-4,441	-3,950	-3,411	-3,246	-4,043	-3,687	-3,847	-3,500	-4,157	-6,038	-4,662	-5,076	-3,727	-1,932	-1,425	-1,195	-987	-1,427	-1,858	-1,850	-1,908	-2,176	-2,178	-1,533	-1,936	-3,333	-3,600	-3,468	-3,635	-3,779	-4,017	-2,709	-2,236	-2,378
Income (loss) from continuing operations before taxes
-53,488	17,610	16,120	14,046	4,715	9,967	9,640	8,423	-2,809	-31,569	2,148	-203,986	10,903	4,366	19,553	24,362	10,876	32,552	24,018	24,135	2,860	-12,506	19,345	32,598	40,624	5,901	29,692	28,691	19,493	32,633	18,388	12,523	2,104	16,693	371	18,699	7,347	-10,564	20,850	5,544	4,729	-59,887	15,538
Income tax expense (benefit)
-11,215	3,256	2,414	3,477	1,365	6,912	1,391	2,561	413	-2,259	-1,984	-53,504	5,748	179	7,265	8,223	4,010	50	9,741	9,987	1,892	6,750	7,126	12,685	6,498	-1,332	12,531	12,877	8,124	13,988	7,972	6,218	1,517	8,902	-681	9,535	3,873	-743	9,797	2,030	2,048	-18,541	7,693
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent
-42,273	14,354	13,706	10,569	3,350	3,055	8,249	5,862	-3,222	-29,310	4,132	-150,482	5,155	4,187	12,288	16,139	6,866	32,502	14,277	14,148	968	-	-	-	-	7,233	17,161	15,814	11,369	18,645	10,416	6,305	587	7,791	1,052	9,164	3,474	-9,821	11,053	3,514	2,681	-41,346	7,845
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent
-35	-41	-52	-97	-46	6	228	-490	-42	-302	238	309	143	-33	4	-970	-864	-13,159	5,097	4,685	534	-	-	-	-	14,887	10	-9	-32	-43	47	202	269	-1,286	-563	305	582	6,007	-3,603	-1,139	-167	-22,648	1,801
Net Income (Loss) Attributable to Parent
-42,308	14,313	13,654	10,472	3,304	3,061	8,477	5,372	-3,264	-29,612	4,370	-150,173	5,298	4,154	12,292	15,169	6,002	19,343	19,374	18,833	1,502	12,793	12,219	19,913	34,126	22,120	17,171	15,805	11,337	18,602	10,463	6,507	856	6,505	489	9,469	4,056	-3,814	7,450	2,375	2,514	-63,994	9,646
Net earnings per basic share:
Earnings Per Share [Abstract]
Income (Loss) from Continuing Operations, Per Basic Share
-1.94	0.66	0.62	0.48	0.15	0.14	0.38	0.27	-0.15	-1.38	0.19	-7.00	0.24	0.19	0.58	0.77	0.33	1.47	0.65	0.64	0.04	-	-	-	-	0.32	0.77	0.71	0.51	0.85	0.47	0.29	0.03	0.36	0.05	0.43	0.17	-0.48	0.54	0.17	0.13	-2.04	0.40
Discontinued Operation, Income (Loss) from Discontinued Operation, Net of Tax, Per Basic Share
0.00	-0.01	0.00	0.00	0.00	0.00	0.01	-0.02	0.00	-0.01	0.01	0.01	0.01	0.01	0.00	-0.05	-0.05	-0.60	0.23	0.21	0.03	-	-	-	-	0.67	0.00	0.00	0.00	-0.01	0.01	0.01	0.01	-0.06	-0.03	0.02	0.02	0.29	-0.18	-0.05	-0.01	-1.12	0.09
Earnings Per Share, Basic
-1.94	0.65	0.62	0.48	0.15	0.14	0.39	0.25	-0.15	-1.39	0.20	-6.99	0.25	0.20	0.58	0.72	0.28	0.87	0.88	0.85	0.07	0.59	0.54	0.88	1.51	0.99	0.77	0.71	0.51	0.84	0.48	0.30	0.04	0.30	0.02	0.45	0.19	-0.19	0.36	0.12	0.12	-3.16	0.49
Net earnings per diluted share:
Income (Loss) from Continuing Operations, Per Diluted Share
-1.94	0.64	0.61	0.47	0.15	0.14	0.37	0.27	-0.15	-1.38	0.19	-7.00	0.24	0.19	0.57	0.76	0.32	1.45	0.63	0.62	0.04	-	-	-	-	0.31	0.75	0.69	0.51	0.83	0.47	0.28	0.03	0.35	0.05	0.43	0.16	-0.47	0.53	0.17	0.13	-2.04	0.38
Discontinued Operation, Income (Loss) from Discontinued Operation, Net of Tax, Per Diluted Share
0.00	-0.02	0.00	0.00	0.00	0.00	0.01	-0.02	0.00	-0.01	0.01	0.01	0.01	0.01	0.00	-0.05	-0.04	-0.60	0.23	0.21	0.03	-	-	-	-	0.67	0.00	0.00	-0.01	0.00	0.00	0.01	0.01	-0.05	-0.03	0.01	0.03	0.29	-0.17	-0.06	-0.01	-1.12	0.09
Earnings Per Share, Diluted
-1.94	0.62	0.61	0.47	0.15	0.14	0.38	0.25	-0.15	-1.39	0.20	-6.99	0.25	0.20	0.57	0.71	0.28	0.85	0.86	0.83	0.07	0.58	0.53	0.86	1.48	0.98	0.75	0.69	0.50	0.83	0.47	0.29	0.04	0.30	0.02	0.44	0.19	-0.18	0.36	0.11	0.12	-3.16	0.47
Weighted average shares used in calculating earnings (loss) per share:
Weighted average common shares outstanding – basic
21,827	22,055	22,052	21,997	21,868	21,778	21,745	21,709	21,592	21,520	21,505	21,492	21,239	21,085	21,076	21,061	21,114	22,091	22,107	22,220	22,126	22,003	22,488	22,645	22,588	22,412	22,386	22,351	22,139	21,977	21,950	21,918	21,775	21,630	21,551	21,190	20,925	20,735	20,619	20,534	20,296	20,239	19,752
Weighted Average Number of Shares Outstanding, Diluted
21,827	22,756	22,561	22,400	22,311	22,612	22,110	21,918	21,592	21,168	21,622	21,492	21,474	21,415	21,445	21,376	21,460	22,552	22,592	22,654	22,602	22,541	22,975	23,098	23,086	22,988	22,873	22,760	22,487	22,402	22,326	22,248	22,164	22,103	21,968	21,476	21,157	20,995	20,849	20,756	20,496	20,239	20,405
Net income (loss)
Net Income (Loss) Attributable to Parent
-42,308	14,313	13,654	10,472	3,304	3,061	8,477	5,372	-3,264	-29,612	4,370	-150,173	5,298	4,154	12,292	15,169	6,002	19,343	19,374	18,833	1,502	12,793	12,219	19,913	34,126	22,120	17,171	15,805	11,337	18,602	10,463	6,507	856	6,505	489	9,469	4,056	-3,814	7,450	2,375	2,514	-63,994	9,646
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, Net of Tax
-779	772	-630	-359	316	-315	-579	-954	34	-233	609	802	424	12	50	-19	21	2,018	-615	850	-436	-883	-1,127	498	-106	-30	1,025	91	-997	-229	496	-377	239	-103	-346	291	312	-	-	-	-	-	-
Other Comprehensive Income (Loss), Securities, Available-for-sale, Adjustment, after Tax
-258	-8,442	1,168	3,915	2,657	3,299	-852	3,159	2,166	6,393	-2,200	-1,246	1,777	1,066	-2,038	-597	1,472	300	0	4,185	-50	-	152	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Comprehensive Income (Loss), Derivatives Qualifying as Hedges, Net of Tax
-1,685	42	-149	-612	-237	-654	206	183	432	433	23	-72	45	90	121	-34	-114	240	-91	48	-209	-114	304	-156	-24	34	-245	616	68	57	-144	-241	49	56	234	175	132	-	-	-	-	-	-
Other Comprehensive Income (Loss), Net of Tax, Portion Attributable to Parent
-2,722	-7,628	389	2,944	2,736	2,330	-1,225	2,388	2,632	6,593	-1,568	-516	2,246	1,168	-1,867	-650	1,379	2,558	-706	5,083	-695	-1,399	-671	342	-130	4	780	707	-929	-172	352	-618	288	-47	-112	466	444	-	-	-	-	-	-
Comprehensive income (loss)
-45,030	6,685	14,043	13,416	6,040	5,391	7,252	7,760	-632	-23,019	2,802	-150,689	7,544	5,322	10,425	14,519	7,381	21,901	18,668	23,916	807	11,394	11,548	20,255	33,996	22,124	17,951	16,512	10,408	18,430	10,815	5,889	1,144	6,458	377	9,935	4,500	-	-	-	-	-	-