K12 Inc LRN Income Statement

K12 inc (LRN)

Income statement / TTM

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
Revenues
1,028,148	1,024,246	1,021,559	1,015,752	998,312	977,924	940,263	917,734	894,618	884,287	888,166	888,166	893,727	892,534	880,255	872,700	887,036	910,319	932,812	948,294	944,685	935,284	927,899	919,553	890,594	873,381	855,490	848,220	815,535	775,701	736,173	708,407	666,273	618,391	580,893	522,434	0	0	0
Instructional costs and services
691,659	680,951	673,810	663,437	644,661	625,279	604,113	592,495	574,652	562,205	560,584	560,584	564,476	562,800	554,874	546,510	570,274	584,504	599,917	607,756	582,909	574,516	583,159	569,219	556,358	543,525	512,652	498,398	471,823	450,019	426,129	408,560	384,050	355,822	333,108	307,111	0	0	0
Gross margin
0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Selling, general, and administrative expenses
305,829	303,867	305,336	304,266	298,998	299,540	300,245	290,446	289,298	296,859	297,253	297,253	305,068	300,128	299,216	302,204	306,354	306,337	307,454	307,730	301,821	301,364	314,560	313,258	304,617	306,031	291,657	283,032	277,796	265,587	257,133	245,274	236,628	219,772	202,024	174,762	0	0	0
Product development expenses
-	-	-	9,479	-	-	-	9,248	10,287	11,796	12,293	12,293	10,349	9,401	9,556	10,071	13,321	14,095	14,312	14,381	12,367	11,861	12,018	14,220	18,185	20,424	22,600	21,084	19,599	21,541	23,537	25,593	24,839	22,799	18,660	16,347	0	0	0
Total costs and expenses
-	-	-	970,266	-	-	-	892,189	874,237	870,860	870,130	870,130	879,893	872,329	863,646	858,785	889,949	904,936	921,683	929,867	897,097	887,741	909,737	896,697	879,160	869,980	826,909	802,514	769,218	737,147	706,799	679,427	645,517	598,393	553,792	498,220	0	0	0
Income from operations
28,097	36,865	39,850	45,486	52,681	49,131	29,555	25,545	20,381	13,427	18,036	18,036	13,834	20,205	16,609	13,915	-2,913	5,383	11,129	18,427	47,588	47,543	18,162	22,856	11,434	3,401	28,581	45,706	46,317	38,554	29,374	28,980	20,756	19,998	27,101	24,214	0	0	0
Impairment of investment in Web International Education Group, Ltd.
-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest income (expense), net
2,489	3,319	3,355	2,761	1,977	1,484	1,046	965	1,096	1,476	1,701	1,808	1,226	484	-	-617	-3,754	-3,968	-3,627	-3,291	-78	225	46	-69	1,533	1,239	995	851	-1,073	-1,032	-996	-989	-959	-1,001	-1,131	-1,207	0	0	0
Other income (expense), net
-582	1,067	-87	114	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Realized gain on sale of assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income before income taxes and loss from equity method investments
30,004	41,251	43,118	48,361	54,618	50,019	30,794	26,510	11,477	4,903	9,737	9,737	14,953	20,582	16,532	13,298	-6,667	1,415	7,502	15,136	53,914	54,172	24,612	29,191	12,967	4,640	29,576	46,557	45,244	37,522	28,378	27,991	19,797	18,997	25,970	23,007	0	0	0
Income tax expense
6,655	8,078	6,760	10,520	10,817	11,910	3,400	-910	7	-2,406	4,718	4,718	3,664	4,510	3,475	4,746	-2,977	2,241	4,251	5,810	20,060	21,335	7,987	11,075	5,554	1,319	12,684	20,023	18,766	15,778	12,074	11,882	8,343	8,965	12,108	11,342	0	0	0
Loss from equity method investments
-414	-530	-597	-632	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income (loss)
-	-	-	-	-	-	-	27,420	11,470	7,309	5,019	5,019	11,289	16,072	13,057	8,552	-3,690	-826	3,251	9,326	33,854	32,837	16,625	18,116	7,413	3,321	16,892	26,534	26,478	21,744	16,304	16,109	11,454	10,032	13,862	11,665	0	0	0
Add net loss attributable to noncontrolling interest
-	-	-	-	-	-	-	-200	-320	-526	-1,209	-1,209	-440	-815	-716	-484	-2,128	-2,004	-1,720	-1,662	-1,070	-1,023	-1,239	-1,484	-2,099	-2,217	-1,822	-1,577	-1,166	-902	-996	-1,434	-1,444	-1,488	-1,332	-1,127	0	0	0
Net income attributable to common stockholders
22,935	32,643	35,761	37,209	43,239	37,847	27,394	27,620	11,790	7,835	6,228	6,228	11,729	16,887	13,773	9,036	-1,562	1,178	4,971	10,988	34,924	33,860	17,864	19,600	9,512	5,538	18,714	28,111	27,644	22,646	17,300	17,543	12,898	11,520	15,194	12,792	0	0	0
Net income attributable to common stockholders per share:
Basic (in dollars per share)
0.22	0.52	-	0.08	0.47	0.61	-	0.24	0.33	0.34	-	-0.17	0.24	0.31	-0.21	-0.03	0.38	0.23	-0.34	-0.31	0.46	0.33	0.18	0.32	0.40	-0.09	-0.13	0.06	0.31	0.24	0.11	0.05	0.18	0.11	0.12	-0.08	0.17	0.24	0.07
Diluted (in dollars per share)
0.22	0.52	-	0.08	0.44	0.59	-	0.23	0.32	0.33	-	-0.17	0.23	0.30	-0.21	-0.03	0.37	0.23	-0.34	-0.31	0.45	0.33	0.18	0.32	0.40	-0.09	-0.13	0.06	0.31	0.24	0.11	0.05	0.18	0.11	0.12	-0.08	0.16	0.23	0.07
Basic and diluted (in dollars per share)
-	-	-0.25	-	-	-	-0.22	-	-	-	-0.21	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Weighted average shares used in computing per share amounts:
Basic and diluted (in shares)
-	-	39,288	-	-	-	38,434	-	-	-	39,108	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Basic (in shares)
39,539	39,450	-	39,135	39,008	38,816	-	39,031	39,644	39,347	39,108	38,757	38,376	38,104	39,108	37,768	37,692	37,559	37,433	37,318	37,211	37,096	37,695	38,540	39,596	39,977	37,868	36,642	36,283	36,118	36,029	35,952	35,876	35,755	35,629	34,460	30,958	30,565	30,343
Diluted (in shares)
39,938	39,973	-	41,667	41,753	40,325	-	39,976	40,766	40,685	39,108	38,757	39,328	39,007	39,108	37,768	38,999	37,680	37,433	37,318	37,408	37,160	37,695	38,742	39,596	39,977	37,868	39,475	39,033	38,868	38,779	38,723	38,663	38,726	38,704	34,460	31,758	31,128	30,805