Medpace Holdings, Inc. MEDP Income Statement

Medpace holdings, inc. (MEDP)

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	Sep'15
Revenue:
Revenue, net (includes $5.5 million and $5.1 million with related parties for the three months ended March 31, 2020 and 2019, respectively)
891,107	860,969	823,198	786,213	742,253	704,589	731,767	663,157	599,229	436,152	0	0	0	-	-	-	-	-
Total revenue
-	-	-	-	-	-	-	-	-	-	-	-	428,607	-	405,470	0	0	0
Operating expenses:
Direct service costs, excluding depreciation and amortization
334,692	321,006	303,467	284,901	267,052	252,284	239,908	230,532	221,009	211,773	207,278	205,355	202,634	198,510	189,199	0	0	0
Reimbursed out-of-pocket expenses
300,678	294,266	275,751	266,243	250,456	236,775	186,821	137,307	93,773	49,690	49,323	50,348	52,005	50,961	48,587	0	0	0
Total direct costs
635,370	615,272	579,218	551,144	517,508	489,059	426,729	367,839	314,782	261,463	0	0	0	-	-	-	-	-
Selling, general and administrative
99,061	95,245	94,553	84,039	80,990	75,681	71,954	69,954	64,202	63,357	63,298	63,083	63,152	61,507	60,019	0	0	0
Depreciation
8,862	8,400	8,352	8,633	8,877	9,200	9,015	8,909	8,784	8,600	8,387	8,065	7,757	7,400	7,092	0	0	0
Amortization
10,982	14,829	19,224	23,619	28,014	29,561	31,665	33,771	35,843	37,900	41,074	44,246	47,452	50,672	53,778	0	0	0
Total operating expenses
754,235	733,706	701,387	667,475	635,429	603,541	539,337	480,447	423,585	371,294	369,402	371,139	373,042	369,092	358,675	0	0	0
Income from operations
136,872	127,263	121,811	118,738	106,824	101,048	85,819	76,099	69,033	64,858	62,311	57,730	55,565	52,490	46,795	0	0	0
Other income (expense), net:
Miscellaneous income (expense), net
36	-863	-321	434	931	1,060	1,095	468	-135	-354	254	21	140	-423	-1,269	0	0	0
Interest income (expense), net
-256	-1,568	-3,555	-5,243	-6,803	-8,157	-8,609	-8,574	-8,074	-7,559	-8,342	-11,092	-15,205	-19,384	-23,287	0	0	0
Total other income (expense), net
-220	-2,431	-3,876	-4,809	-5,872	-7,097	-7,514	-8,106	-8,209	-7,913	-18,814	-21,797	-25,791	-30,533	-24,556	0	0	0
Income before income taxes
136,652	124,832	117,935	113,929	100,952	93,951	78,305	67,993	60,824	56,945	43,497	35,933	29,774	21,957	22,239	0	0	0
Income tax provision
26,453	24,389	24,544	25,210	23,120	20,766	16,590	15,752	15,598	17,823	15,687	12,918	11,350	8,532	8,926	0	0	0
Net income
110,199	100,443	93,391	88,719	77,832	73,185	61,715	52,241	45,226	39,122	27,810	23,015	18,424	13,425	13,313	0	0	0
Net income per share attributable to common shareholders:
Basic
0.80	0.82	0.67	0.76	0.54	0.64	0.54	0.46	0.41	0.30	0.25	0.24	0.21	-0.02	0.14	0.15	0.11	0.00
Diluted
0.76	0.80	0.63	0.73	0.51	0.60	0.52	0.45	0.40	0.30	0.25	0.23	0.20	-0.02	0.13	0.15	0.11	0.00
Weighted average common shares outstanding:
Basic
36,024	36,048	35,939	35,839	35,698	35,614	35,569	35,519	35,486	36,793	38,579	40,183	40,669	40,381	37,118	32,636	32,625	31,430
Diluted
38,030	37,795	37,835	37,389	37,285	37,410	37,125	36,664	36,449	37,694	39,329	40,825	41,508	42,240	37,623	32,828	32,625	31,430
Direct Service Revenue
Total revenue
-	-	-	-	-	-	-	-	-	-	-	-	376,602	370,621	356,883	0	0	0
Reimbursed Out of Pocket Revenue
Total revenue
-	-	-	-	-	-	-	-	-	-	-	-	52,005	50,961	48,587	0	0	0