MANHATTAN ASSOCIATES, INC. MANH Income Statement

Manhattan associates, inc. (MANH)

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
Revenue:
Total revenue
153,903	152,929	162,275	154,341	148,404	144,366	142,351	141,871	130,569	144,086	152,883	154,141	143,489	147,592	152,213	154,892	149,860	141,435	142,304	139,109	133,523	130,403	125,608	122,530	113,563	107,599	107,802	102,516	96,601	95,359	95,841	93,567	91,481	83,539	85,602	88,402	71,710	71,513	74,014	77,641	73,949
Costs and expenses:
Hardware and other
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	14,040	10,625	12,007	13,006	13,788	10,145	11,022	9,543	12,546	8,009	8,177	7,469	8,667	7,791	8,900	5,524	6,360	8,443	8,281	7,870	6,824	8,436	7,376	6,281
Cost of services
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	46,419	46,682	46,464	44,784	45,534	43,689	41,457	38,460	36,297	35,835	35,058	35,046	34,040	32,614	30,322	31,710	27,036	28,054	27,462	24,958	25,145	24,661	24,906	24,064
Cost of hardware and other
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	11,322	9,109	10,163	10,547	11,088	8,496	9,265	7,479	10,142	6,812	7,023	6,214	6,797	6,428	7,540	4,448	5,333	6,695	6,457	6,300	5,478	7,092	6,205	5,069
Total costs
74,831	71,853	74,366	71,578	67,170	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Research and development
23,328	21,784	22,614	21,997	21,213	18,208	18,453	18,176	17,059	14,630	14,747	14,102	14,225	13,183	13,389	13,458	14,706	13,457	13,589	13,257	13,556	13,047	12,236	11,867	11,803	11,135	10,906	11,032	11,476	10,951	11,400	10,802	11,551	10,436	10,877	10,676	10,383	9,868	9,866	10,334	10,440
Sales and marketing
13,088	15,434	12,125	14,520	14,781	13,843	10,726	13,809	12,884	13,222	10,739	11,732	11,789	13,617	10,003	12,015	12,588	13,975	10,904	11,889	11,847	16,273	11,476	12,848	12,020	11,374	9,863	11,888	11,434	10,805	10,999	11,415	12,403	10,170	10,865	12,309	10,600	9,832	10,329	12,073	10,468
General and administrative
16,114	16,512	16,236	16,805	15,050	13,222	13,711	12,885	12,800	11,764	11,031	11,387	11,872	12,281	11,225	12,368	12,448	12,036	14,058	11,927	11,238	11,694	10,856	11,256	10,649	9,952	9,755	7,932	9,508	9,668	9,258	9,240	10,308	10,452	9,342	9,238	8,676	8,668	8,721	8,177	8,461
Depreciation and amortization
2,346	2,277	1,937	1,859	1,914	1,997	2,179	2,235	2,202	2,197	2,275	2,326	2,262	2,284	2,334	2,266	2,206	2,108	1,977	1,898	1,781	1,725	1,675	1,489	1,488	1,468	1,414	1,459	1,484	1,497	1,379	1,418	1,344	1,362	1,698	2,223	2,001	2,166	2,262	2,318	2,415
Recovery of previously impaired investment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,519	-	-	-	-	-	-
Restructuring charge
-	-	-	-	-	-	-	-	-	-24	-77	3,022	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total costs and expenses
129,707	127,860	127,278	126,759	120,128	110,090	106,255	106,186	102,739	100,516	101,787	104,882	101,769	102,236	98,629	102,624	106,761	101,907	98,624	97,735	96,659	101,331	90,107	90,030	83,512	82,932	77,030	76,329	76,940	76,245	74,164	72,225	73,541	67,336	66,208	70,189	64,157	62,698	64,402	65,624	62,466
Operating income
24,196	25,069	34,997	27,582	28,276	34,276	36,096	35,685	27,830	43,570	51,096	49,259	41,720	45,356	53,584	52,268	43,099	39,528	43,680	41,374	36,864	29,072	35,501	32,500	30,051	24,667	30,772	26,187	19,661	19,114	21,677	21,342	17,940	16,203	19,394	18,213	7,553	8,815	9,612	12,017	11,483
Other income, net
1,420	-930	810	-71	-371	-	-	-	-	-580	207	-68	-371	416	210	654	520	170	604	359	262	850	-55	312	-233	-118	546	1,243	151	534	-247	802	-124	650	862	334	18	239	-188	304	-498
Income before income taxes
25,616	24,854	35,807	27,511	27,905	33,375	37,634	36,671	28,551	42,990	51,303	49,191	41,349	45,772	53,794	52,922	43,619	39,698	44,284	41,733	37,126	29,922	35,446	32,812	29,818	24,549	31,318	27,430	19,812	19,648	21,430	22,144	17,816	16,853	20,256	18,547	7,571	9,054	9,424	12,321	10,985
Income tax provision
3,086	8,096	8,700	6,586	6,933	7,460	9,179	9,003	5,899	18,476	18,704	18,047	13,125	15,855	20,298	19,581	16,139	13,328	16,387	15,729	13,922	9,568	13,106	12,218	11,106	7,703	11,630	10,023	6,457	7,178	7,621	7,972	6,414	6,328	5,379	6,208	405	2,609	3,192	4,132	3,790
Net income
22,530	16,758	27,107	20,925	20,972	25,915	28,455	27,668	22,652	24,514	32,599	31,144	28,224	29,917	33,496	33,341	27,480	26,370	27,897	26,004	23,204	20,354	22,340	20,594	18,712	16,846	19,688	17,407	13,355	12,470	13,809	14,172	11,402	10,525	14,877	12,339	7,166	6,445	6,232	8,189	7,195
Basic earnings per share
0.35	0.26	0.42	0.32	0.32	0.40	0.43	0.42	0.34	0.36	0.47	0.45	0.40	0.42	0.47	0.46	0.38	0.36	0.38	0.35	0.31	0.27	0.30	0.27	0.25	0.22	0.26	0.23	0.17	0.16	0.18	0.18	0.14	0.53	0.74	0.60	0.34	0.31	0.29	0.38	0.33
Diluted earnings per share
0.35	0.26	0.42	0.32	0.32	0.40	0.43	0.42	0.33	0.36	0.47	0.45	0.40	0.42	0.47	0.46	0.38	0.36	0.38	0.35	0.31	0.27	0.30	0.27	0.24	0.22	0.25	0.22	0.17	0.16	0.17	0.18	0.14	0.50	0.70	0.57	0.32	0.29	0.28	0.36	0.32
Weighted average number of shares:
Basic
63,592	63,822	64,247	64,623	64,909	65,199	65,658	66,429	67,553	68,485	68,928	69,227	69,973	70,742	71,403	71,880	72,630	72,929	73,259	73,618	73,979	74,223	74,687	75,274	75,817	76,032	76,452	76,888	77,308	77,636	78,272	79,060	79,616	19,941	20,156	20,696	21,027	21,078	21,248	21,718	21,958
Diluted
64,342	64,807	64,992	65,093	65,204	65,526	65,901	66,535	67,736	68,791	69,135	69,421	70,247	71,148	71,743	72,228	73,020	73,555	73,761	74,126	74,607	75,034	75,466	76,037	76,795	77,256	77,552	78,036	78,740	79,652	80,520	81,404	82,548	20,923	21,125	21,775	22,079	22,350	22,051	22,776	22,535
Cloud Subscriptions
Total revenue
17,260	15,721	14,242	9,009	7,859	6,803	6,455	5,377	4,469	3,188	2,534	2,378	1,496	1,423	1,621	1,749	990	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Software License
Total revenue
9,735	9,234	15,486	11,721	12,414	13,314	11,526	12,973	7,555	14,712	16,260	20,064	21,277	20,702	20,012	18,882	19,617	20,413	19,130	19,758	19,314	19,542	16,945	17,989	17,107	17,267	14,768	16,136	14,245	14,398	16,164	15,345	15,587	16,567	13,565	16,347	7,762	12,666	12,092	15,485	14,207
Total costs
555	663	748	623	592	682	1,211	2,096	1,308	1,377	1,316	1,438	1,352	1,429	1,706	1,361	2,322	2,590	2,305	2,137	2,906	1,970	1,679	1,848	1,613	2,564	2,445	1,937	1,778	2,487	2,086	1,488	1,777	2,547	1,196	1,824	1,239	1,541	1,471	1,611	1,549
Maintenance
Total revenue
35,744	38,045	37,763	37,323	36,099	36,466	37,177	36,993	36,397	37,325	36,338	35,959	33,376	34,826	34,424	32,841	31,757	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Services
Total revenue
87,406	86,308	91,626	93,951	88,631	84,525	84,136	82,267	78,757	77,183	84,211	85,327	79,781	81,571	89,613	91,866	88,735	106,982	112,549	107,344	101,203	97,073	98,518	93,519	86,913	77,786	85,025	78,203	74,887	72,294	71,886	69,322	70,370	60,612	63,594	63,774	56,078	52,023	53,486	54,780	53,461
Hardware
Total revenue
3,758	3,621	3,158	2,337	3,401	3,258	3,057	4,261	3,391	11,678	13,540	10,413	7,559	9,070	6,543	9,554	8,761	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total costs
-	-	-	-	-	-	-	-	-	8,416	10,653	7,766	5,370	6,068	4,626	7,103	5,629	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cloud Subscriptions, Maintenance and Services
Total costs
74,276	71,190	73,618	70,955	66,578	62,138	59,975	56,985	56,486	48,934	51,103	53,109	54,899	53,374	55,346	54,053	56,862	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-