MSCI INC. MSCI Income Statement

Msci inc. (MSCI)

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	Nov'10	Aug'10	May'10	Feb'10	Aug'09
Operating revenues
416,780	406,606	394,251	385,558	371,381	361,688	357,934	363,046	351,316	334,779	322,097	316,089	301,207	292,812	288,433	290,596	278,828	272,893	268,771	270,580	262,769	251,105	251,661	254,226	239,688	236,864	228,608	228,423	219,469	247,080	235,444	238,565	229,052	226,134	225,026	226,483	223,298	213,318	202,733	125,170	121,680	108,868
Operating expenses:
Cost of revenues
74,609	70,154	70,486	71,975	82,346	73,757	70,906	71,368	71,304	69,247	68,433	68,538	67,463	63,819	62,986	62,130	63,172	64,804	65,593	67,394	69,904	69,839	69,770	70,212	66,802	72,256	68,151	69,696	65,300	74,191	68,350	73,243	72,291	69,121	68,968	68,840	70,218	69,131	69,741	30,463	29,291	28,247
Selling and marketing
55,549	59,486	52,107	51,657	56,048	52,949	46,149	47,416	46,409	47,726	44,873	41,550	42,972	41,609	41,514	41,854	41,689	39,809	38,809	42,028	41,648	40,805	41,402	40,506	41,126	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Research and development
26,562	27,100	24,310	23,752	23,172	20,312	20,591	19,801	20,707	20,709	17,974	18,196	18,970	18,960	18,750	18,566	18,928	17,776	15,548	20,807	23,189	17,235	19,021	17,374	17,465	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
General and administrative
30,833	29,659	26,559	26,378	27,497	24,908	24,751	24,036	26,187	23,280	22,079	21,424	20,981	21,467	21,859	22,019	21,890	23,590	19,960	22,080	20,377	18,921	19,516	20,240	17,692	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Selling, general and administrative
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	64,174	59,917	52,842	55,515	57,172	62,973	57,602	55,436	54,509	53,724	53,321	51,418	49,300	63,306	40,177	37,461	33,525
Restructuring
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	84	-102	22	29	-125	1,002	-40	-4,431	1,943	6,953	-	-	-
Amortization of intangible assets
13,776	13,243	12,361	12,013	11,793	11,633	11,681	19,537	11,338	11,560	10,614	11,122	11,251	11,498	11,752	11,943	11,840	11,803	11,710	11,695	11,702	11,591	11,574	11,442	11,270	11,217	11,193	11,222	11,166	15,421	15,959	15,959	15,959	16,268	16,422	16,423	16,692	16,694	16,350	4,277	4,278	6,429
Depreciation and amortization of property, equipment and leasehold improvements
7,567	7,535	7,209	7,405	7,850	8,311	7,453	7,377	8,205	8,118	9,325	9,159	8,838	9,447	8,312	8,393	8,168	7,568	8,049	8,065	7,207	7,620	6,342	5,921	5,828	-	-	-	-	4,989	4,633	4,662	4,416	4,478	4,669	5,168	5,110	5,530	4,934	3,556	3,393	2,869
Total operating expenses
208,896	207,177	193,032	193,180	208,706	191,870	181,531	189,535	184,150	180,640	173,298	169,989	170,475	166,800	165,173	164,905	165,687	165,350	159,669	172,069	174,027	166,011	167,625	165,695	160,183	153,217	144,704	138,534	136,578	151,773	151,915	151,444	148,073	144,501	142,781	143,792	147,869	142,598	161,284	78,473	74,423	71,070
Operating income
207,884	199,429	201,219	192,378	162,675	169,818	176,403	173,511	167,166	154,139	148,799	146,100	130,732	126,012	123,260	125,691	113,141	107,543	109,102	98,511	88,742	85,094	84,036	88,531	79,505	83,647	83,904	89,889	82,891	95,307	83,529	87,121	80,979	81,633	82,245	82,691	75,429	70,720	41,449	46,697	47,257	37,798
Interest income
3,483	5,299	3,673	3,345	4,086	6,096	6,522	4,281	2,770	2,237	1,835	1,310	932	901	799	585	621	492	285	185	204	226	277	192	156	239	227	186	237	242	252	237	223	335	184	186	143	128	114	343	408	373
Interest expense
40,231	40,289	35,922	35,915	35,915	35,891	35,902	31,761	29,560	29,027	29,020	29,027	29,024	29,039	26,790	22,918	22,904	22,896	17,267	11,116	11,108	15,791	5,604	5,366	5,059	6,913	5,828	6,499	7,016	7,178	7,314	29,581	12,355	13,267	13,113	12,852	16,587	17,495	20,415	8,991	4,436	4,628
Other expense (income)
-8,287	-17,906	-222	-63	-2,554	47,266	-177	10,292	-938	-389	-811	-872	-1,015	-779	253	-2,814	-81	297	6,922	-164	-178	1,199	1,287	726	-1,071	21	-563	328	-1,922	-56	-873	-516	-608	1,427	983	-383	-5,641	-2,274	-524	-98	608	168
Other expense (income), net
-45,035	-52,896	-32,471	-32,633	-34,383	17,471	-29,557	-17,188	-27,728	-27,179	-27,996	-28,589	-29,107	-28,917	-25,738	-25,147	-22,364	-22,107	-10,060	-11,095	-11,082	-14,366	-4,040	-4,448	-5,974	-6,653	-6,164	-5,985	-8,701	-6,992	-7,935	-29,860	-12,740	-11,505	-11,946	-13,049	-22,085	-19,641	-20,825	-8,746	-3,420	-4,087
Income before provision for income taxes
162,849	146,533	168,748	159,745	128,292	187,289	146,846	156,323	139,438	126,960	120,803	117,511	101,625	97,095	97,522	100,544	90,777	85,436	99,042	87,416	77,660	70,728	79,996	84,083	73,531	76,994	77,740	83,904	74,190	88,315	75,594	57,261	68,239	70,128	70,299	69,642	53,344	51,079	20,624	37,951	43,837	33,711
Provision for income taxes
14,724	23,750	31,765	34,055	-49,900	35,157	23,014	39,494	24,346	62,358	35,650	36,245	28,674	28,845	32,241	33,587	30,410	25,437	34,644	31,399	28,036	27,459	28,272	27,280	26,385	36,119	27,804	27,763	21,232	33,863	27,320	19,715	24,273	25,642	20,512	23,982	19,823	20,813	10,305	13,884	16,319	12,787
Income from continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	40,875	49,936	56,141	52,958	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss from discontinued operations, net of income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-593	0	0	-5,797	1,071	-10	50,857	33,253	6,382	5,374	4,912	5,979	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income
148,125	122,783	136,983	125,690	178,192	152,132	123,832	116,829	115,092	64,602	85,153	81,266	72,951	68,250	65,281	66,957	60,367	59,406	64,398	56,017	43,827	44,340	51,714	107,660	80,399	47,257	55,310	61,053	58,937	54,452	48,274	37,546	43,966	44,486	49,787	45,660	33,521	30,266	10,319	24,067	27,518	20,924
Earnings per basic common share:
Earnings per basic common share from continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.59	0.59	0.50	0.44	0.38	0.44	0.48	0.40	0.34	0.42	0.46	0.44	-	-	-	-	-	-	-	-	-	-	-	-	-
Earnings per basic common share
1.75	1.45	1.62	1.48	2.11	1.75	1.39	1.31	1.28	0.72	0.94	0.90	0.80	0.73	0.69	0.69	0.61	0.58	0.59	0.50	0.39	0.39	0.44	0.92	0.68	0.40	0.46	0.50	0.49	0.44	0.39	0.31	0.36	0.37	0.41	0.38	0.28	0.25	0.09	0.23	0.26	0.20
Earnings per diluted common share:
Earnings per diluted common share from continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.58	0.59	0.50	0.44	0.38	0.44	0.48	0.40	0.34	0.42	0.46	0.43	-	-	-	-	-	-	-	-	-	-	-	-	-
Earnings per diluted common share
1.73	1.44	1.60	1.47	2.08	1.70	1.36	1.28	1.24	0.70	0.93	0.89	0.80	0.73	0.68	0.69	0.60	0.57	0.59	0.50	0.39	0.39	0.44	0.91	0.68	0.39	0.46	0.50	0.48	0.44	0.39	0.30	0.35	0.36	0.40	0.37	0.27	0.25	0.08	0.22	0.26	0.20
Weighted average shares outstanding used in computing earnings per share
Basic
84,870	84,802	84,765	84,750	84,253	86,968	88,796	89,112	90,075	90,130	90,112	90,404	90,708	93,327	94,823	96,412	99,425	102,837	108,773	112,143	112,520	112,299	116,251	116,702	117,582	118,828	119,607	121,149	120,746	122,082	122,261	122,030	121,754	121,146	120,831	120,592	120,282	119,309	118,339	105,345	105,235	100,402
Diluted
85,548	85,546	85,550	85,393	85,649	89,495	91,372	91,586	92,587	92,467	91,868	91,708	91,624	93,845	95,473	96,888	99,998	103,590	109,440	112,931	113,522	113,289	117,163	117,664	118,597	119,877	120,578	122,069	121,702	122,995	123,450	123,295	123,113	122,536	122,303	122,235	122,013	121,172	120,341	106,003	105,844	100,833
Dividend declared per common share
-	-	-	-	-	-	-	-	-	-	-	-	-	0.28	0.28	0.22	0.22	0.22	0.22	0.18	0.18	0.18	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-