Kforce inc (KFRC)
Income statement / TTM
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'11Sep'10Jun'10
Revenue

1,355,857

1,347,387

1,341,534

1,322,560

1,313,234

1,303,937

1,211,852

1,226,321

1,237,095

1,253,646

1,341,352

1,336,759

1,331,497

1,319,706

1,321,407

1,326,522

1,328,828

1,319,238

1,310,278

1,282,513

1,247,918

1,217,331

1,143,048

1,109,194

1,090,125

1,073,728

1,022,119

1,012,324

1,002,764

1,005,487

1,071,981

1,062,844

1,036,738

1,004,747

1,004,925

990,038

0

0

0

Direct costs

959,471

952,349

946,836

934,628

926,108

917,450

852,882

859,021

866,096

878,049

936,275

930,677

923,052

911,207

909,041

909,715

912,265

905,124

901,301

885,066

862,123

842,750

789,707

763,089

745,559

729,352

693,648

686,146

679,667

684,901

730,378

725,499

709,600

687,000

685,963

677,185

0

0

0

Flexible billings

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

Search fees

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

Gross profit

396,386

395,038

394,698

387,932

387,126

386,487

358,970

367,300

370,999

375,597

405,077

406,082

408,445

408,499

412,366

416,807

416,563

414,114

408,977

397,447

385,795

374,581

353,341

346,105

344,566

344,376

328,471

326,178

323,097

320,586

341,603

337,345

327,138

317,747

318,962

312,853

0

0

0

Selling, general and administrative expenses

313,570

314,167

314,207

309,382

308,266

307,250

289,304

296,827

302,432

308,313

331,115

336,997

339,965

340,742

339,052

335,416

333,137

330,034

330,834

328,757

323,953

315,338

312,682

305,876

305,988

307,944

285,524

280,607

273,518

305,940

320,745

321,622

318,610

274,072

272,544

267,522

0

0

0

Goodwill impairment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

0

-

-

-

Depreciation and amortization

5,793

6,050

6,312

6,585

6,735

6,836

6,196

6,606

6,967

7,266

8,260

8,225

8,424

8,701

9,083

9,587

9,761

9,831

9,905

9,968

9,935

9,894

9,842

9,736

9,805

9,846

9,766

9,889

10,304

10,789

11,431

11,782

12,084

12,505

12,728

12,855

0

0

0

Income from operations

77,023

74,821

74,179

71,965

72,125

72,401

63,470

63,867

61,600

60,018

65,702

60,860

60,056

59,056

64,231

71,804

73,665

74,249

68,238

58,722

51,907

49,349

16,307

15,983

14,263

12,076

29,323

31,824

-29,883

-65,301

-55,873

-61,359

-3,556

31,170

33,690

32,476

0

0

0

Other expense, net

-3,883

-3,425

-3,073

-3,245

-4,100

-4,521

-4,848

-5,160

-5,259

-5,100

-4,730

-4,144

-3,618

-3,101

-2,947

-2,632

-2,792

-2,577

-2,274

-2,029

-1,508

-1,392

-100

-268

-3

78

-5

93

33

-103

-98

-96

-152

-60

-1,294

-1,277

0

0

0

Income from continuing operations, before income taxes

73,140

71,396

71,106

68,720

68,025

67,880

58,622

58,707

56,341

54,918

60,972

56,716

56,438

55,955

61,284

69,172

70,873

71,672

65,964

56,693

50,399

47,957

14,982

14,490

13,035

10,929

28,364

30,963

-30,804

-66,358

-57,167

-62,651

-4,904

29,914

32,396

31,199

0

0

0

Income tax expense

17,442

16,830

17,587

16,952

17,160

17,004

18,859

23,001

24,664

25,324

24,588

21,411

21,413

23,182

25,849

29,212

30,184

28,848

25,980

22,259

19,605

18,559

7,029

6,896

6,446

5,635

11,183

12,143

-9,494

-24,227

-20,620

-23,155

-3,430

10,858

11,983

11,968

0

0

0

Income from continuing operations

55,698

54,566

53,519

51,768

50,865

50,876

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

29,398

27,973

0

0

-

0

-

-

-42,131

-36,547

-39,496

-1,474

19,056

0

0

0

-

-

Income from discontinued operations, net of tax

57,415

76,296

79,491

82,479

24,795

7,104

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

61,517

62,976

0

0

-

0

-

-

28,428

23,809

25,936

27,866

8,100

0

0

0

-

-

Net income

113,113

130,862

133,010

134,247

75,660

57,980

47,764

41,686

36,558

33,285

36,384

35,305

35,025

32,773

35,435

39,960

40,689

42,824

39,868

91,341

90,451

90,915

73,736

17,697

13,942

10,787

25,141

25,430

-14,685

-13,703

-12,738

-13,560

26,392

27,156

26,515

23,213

0

0

0

Other comprehensive loss:
Defined benefit pension plans, net of tax

-

-

-

-

-

-

-

-

-

373

414

138

136

134

-679

-682

-685

-689

480

653

652

688

-2,724

-2,929

-2,961

-3,030

-1,333

-1,384

-1,297

-1,337

2,466

2,533

2,474

2,570

14

37

0

0

0

Change in fair value of interest rate swaps, net of tax

-1,648

-807

-1,363

-1,140

-482

315

1,148

1,098

806

289

-52

-112

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Comprehensive income

109,282

127,872

132,528

133,988

76,059

59,176

48,826

42,420

36,996

33,201

35,918

35,055

34,889

32,639

36,114

40,642

41,374

43,513

39,388

90,688

89,799

90,227

76,460

20,626

16,903

13,817

26,368

26,708

-13,388

-12,366

-15,142

-16,031

23,874

24,586

26,575

23,262

0

0

0

Earnings per share – basic:
Continuing operations (in dollars per share)

0.42

0.65

0.70

0.67

0.33

0.55

0.57

0.61

0.32

-

-

-

-

-

-

-

-

-

-

-

-

0.31

0.26

0.24

0.13

-

0.23

-

-

-0.03

0.26

-0.90

-0.51

0.14

0.17

0.12

0.07

-

-

Discontinued operations (in dollars per share)

0.00

0.10

-0.04

2.46

0.77

0.11

0.08

0.05

0.05

-

-

-

-

-

-

-

-

-

-

-

-

-0.01

1.81

0.09

0.06

-

0.04

-

-

0.17

0.00

0.00

0.63

0.06

0.06

0.05

0.05

-

-

Earnings per share - basic (in dollars per share)

0.42

0.75

0.66

3.13

1.10

0.66

0.65

0.66

0.37

0.25

0.40

0.44

0.23

0.36

0.35

0.41

0.14

0.43

0.49

0.41

0.20

0.30

2.07

0.33

0.19

-0.25

0.27

0.21

0.09

0.14

0.26

-0.90

0.12

0.20

0.23

0.17

0.12

0.16

0.13

Earnings per share – diluted:
Continuing operations (in dollars per share)

0.42

0.63

0.68

0.66

0.32

0.54

0.56

0.60

0.32

-

-

-

-

-

-

-

-

-

-

-

-

0.31

0.25

0.24

0.13

-

0.23

-

-

-1.83

0.26

0.90

-0.51

0.13

0.17

0.12

0.07

-

-

Discontinued operations (in dollars per share)

0.00

0.10

-0.04

2.40

0.75

0.10

0.08

0.05

0.05

-

-

-

-

-

-

-

-

-

-

-

-

-0.02

1.81

0.09

0.06

-

0.04

-

-

0.17

0.00

0.00

0.63

0.06

0.05

0.05

0.05

-

-

Earnings per share – diluted (in dollars per share)

0.42

0.73

0.64

3.06

1.07

0.64

0.64

0.65

0.37

0.23

0.40

0.44

0.23

0.36

0.34

0.41

0.14

0.43

0.48

0.41

0.20

0.29

2.06

0.33

0.19

-0.25

0.27

0.21

0.09

0.14

0.26

-0.90

0.12

0.19

0.22

0.17

0.12

0.16

0.13

Weighted average shares outstanding – basic (in shares)

21,553

21,557

22,770

23,901

24,516

24,713

24,730

24,705

24,804

25,096

25,296

25,273

25,223

25,527

25,996

26,180

26,693

27,419

27,811

28,134

28,276

29,103

31,347

32,481

32,969

32,914

32,985

33,754

34,391

35,545

36,204

36,712

34,703

34,556

37,417

39,531

39,836

39,523

39,500

Weighted average shares outstanding – diluted (in shares)

21,860

22,269

23,342

24,458

25,019

25,366

25,366

25,178

25,094

25,818

25,535

25,482

25,509

25,746

26,173

26,335

26,842

27,816

28,132

28,337

28,475

29,333

31,553

32,710

33,168

33,098

33,130

33,859

34,485

35,506

36,243

36,712

34,703

35,734

38,228

40,465

40,897

40,384

40,532

Dividends declared per share (in dollars per share)

-

-

-

-

-

-

-

-

-

-

0.12

0.12

0.12

0.12

0.12

0.12

0.12

0.12

0.11

0.11

0.11

0.11

0.10

0.10

0.10

-

0.00

-

-

-

-

-

-

-

-

-

-

-

-