NAVIGANT CONSULTING INC NCI Income Statement

Navigant consulting inc (NCI)

Income statement / Quarterly

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	Sep'09	Jun'09
Revenues before reimbursements
196,567	186,129	174,639	171,386	165,224	161,445	76,132	164,523	160,076	236,211	-79,288	237,115	238,485	223,475	211,995	209,634	211,023	201,156	199,458	205,534	186,504	175,056	177,789	186,444	187,066	183,134	177,916	176,365	181,529	186,380	146,571	181,821	173,293	169,604	161,752	153,222	154,617	153,870	159,153	157,332
Reimbursements
26,489	16,733	18,576	16,232	19,489	16,623	16,915	20,989	17,594	21,626	6,977	24,294	23,198	21,812	20,623	20,624	22,416	22,015	24,175	24,605	21,593	22,692	27,035	25,163	22,589	26,365	26,930	25,765	23,071	20,241	20,464	22,651	21,115	19,195	21,188	21,625	17,706	19,680	18,210	16,224
Total revenues
223,056	202,862	193,215	187,618	184,713	178,068	93,047	185,512	177,670	257,837	-72,311	261,409	261,683	245,287	232,618	230,258	233,439	223,171	223,633	230,139	208,097	197,748	204,824	211,607	209,655	209,499	204,846	202,130	204,600	206,621	167,035	204,472	194,408	188,799	182,940	174,847	172,323	173,550	177,363	173,556
Cost of services before reimbursable expenses
140,405	135,356	127,570	121,945	113,121	116,936	53,841	111,197	113,333	165,052	-50,909	156,061	157,966	153,940	146,195	141,731	145,367	138,601	113,686	135,859	126,792	142,820	46,273	147,328	144,949	149,417	139,161	143,675	145,314	144,201	115,035	145,860	137,937	134,010	132,985	123,993	119,834	121,910	118,755	118,191
Reimbursable expenses
26,489	16,733	18,576	16,232	19,489	16,623	16,915	20,989	17,594	21,626	6,977	24,294	23,198	21,812	20,623	20,624	22,416	22,015	24,175	24,605	21,593	22,692	27,035	25,163	22,589	26,365	26,930	25,765	23,071	20,241	20,464	22,651	21,115	19,195	21,188	21,625	17,706	19,680	18,210	16,224
Total cost of services
166,894	152,089	146,146	138,177	132,610	133,559	70,756	132,186	130,927	186,678	-43,932	180,355	181,164	175,752	166,818	162,355	167,783	160,616	183,245	160,464	148,385	120,128	221,542	122,165	122,360	123,052	112,231	117,910	122,243	123,960	94,571	123,209	116,822	114,815	111,797	102,368	102,128	102,230	100,545	101,967
General and administrative expenses
35,968	35,167	34,507	32,073	34,912	37,079	27,551	35,326	34,663	41,484	11,229	42,126	44,507	39,831	36,100	36,629	39,068	35,665	34,651	34,067	34,237	33,102	28,043	33,914	32,556	32,566	36,690	33,100	35,848	35,557	34,015	32,863	31,143	32,409	31,347	30,789	29,089	30,460	32,500	33,513
Depreciation expense
4,262	4,586	5,074	5,026	4,943	4,997	2,618	4,777	5,530	7,473	-914	7,008	7,015	6,522	6,579	5,954	5,724	5,355	5,202	5,116	4,953	4,309	4,228	4,122	4,100	3,730	4,112	3,618	3,740	3,516	3,239	3,481	3,206	3,377	3,575	3,528	3,553	3,801	4,352	4,320
Amortization expense
1,393	1,372	1,476	1,568	1,665	1,752	2,045	2,102	2,108	2,319	1,994	2,905	2,891	2,921	1,963	2,084	2,297	2,269	1,291	1,673	1,633	1,362	1,600	1,815	1,713	1,698	1,888	1,504	1,650	1,725	1,960	2,234	2,163	2,301	3,442	3,168	2,962	2,796	3,055	3,392
Other operating costs
0	-32	-	-	-2,295	-983	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Contingent acquisition liability adjustments, net
-	-	-	-	-	-	-	1,014	0	1,199	-	480	850	0	-422	0	2,308	-14,933	-554	-834	-2,444	-1,160	-	-2,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on termination of swaps and other financing costs
-	-	-	448	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Office consolidation, net
-	-	-	-	-	-	-	-	-	-	-	-	174	-	5,506	0	-1,804	-936	-	-	-	-	-996	150	290	208	-	-	-	-	-	-	-	-	-	-900	-	0	985	4,612
Loss on disposition of assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-283	-	-	-	-	-	-	0	0	0	1,715	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Goodwill impairment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	122,045	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other impairment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	98	-	-	-	204	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other costs
-	-	-	247	-	-	-	0	0	107	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Contingent acquisition liability adjustment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-620	-	-	-	-	-	-	-	-	-	-	-
Operating income
14,539	9,616	5,961	10,975	8,288	-302	-10,203	10,107	4,442	18,577	-41,056	28,535	25,082	20,261	21,554	22,953	14,357	33,263	21,167	29,653	-100,916	17,315	26,927	26,578	26,047	23,595	21,970	20,233	17,428	21,622	12,786	20,034	19,959	16,702	4,284	14,269	16,885	14,583	17,716	9,528
Interest expense
317	318	300	669	911	828	337	833	783	1,069	-818	1,310	1,429	1,260	928	1,018	1,238	1,732	1,741	1,942	1,397	838	942	1,094	1,172	1,225	1,267	1,297	1,426	1,463	1,634	1,907	1,911	1,840	1,929	1,789	3,508	3,478	3,671	3,952
Interest income
375	689	1,095	697	77	119	109	100	80	31	30	35	36	39	72	77	46	55	58	56	71	89	92	96	112	163	286	167	181	238	255	396	429	367	325	360	311	313	300	312
Other expense, net
-	-	-	390	-	-	-	103	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other (income) expense, net
10	-132	-	-	183	-361	-	-	-599	217	620	350	444	340	212	328	-176	328	378	57	-186	-82	-218	-99	-6	148	134	-95	144	-105	109	206	-72	36	378	250	44	-105	-214	87
Income from continuing operations before income tax expense
14,607	9,855	7,205	10,613	7,637	-1,372	-10,841	9,271	3,140	17,756	-39,588	27,610	24,133	19,380	20,910	22,340	12,989	31,914	19,862	27,824	-102,428	16,484	25,859	25,481	24,981	22,681	21,123	19,008	16,327	20,292	11,516	18,729	18,405	15,265	3,058	13,090	13,732	11,313	14,131	5,975
Income tax expense
3,682	3,047	3,381	3,785	1,509	225	-22,698	3,430	577	6,660	-13,292	10,435	9,356	6,738	7,711	8,164	5,162	6,771	7,541	11,563	-26,569	6,114	11,640	11,952	10,732	9,566	9,300	7,797	6,771	8,650	5,445	8,193	7,645	6,487	2,499	3,867	5,904	4,866	5,791	2,590
Net income from continuing operations
10,925	6,808	3,824	6,828	6,128	-1,597	-	5,841	2,563	-	-	-	-	-	-	-	-	-	12,321	16,261	-75,859	10,370	14,219	13,529	14,249	13,115	-	11,211	-	-	-	-	-	-	-	-	-	-	-	-
Income from discontinued operations, net of tax
523	-489	2,413	67,287	22,698	13,450	-	6,098	6,234	-	-	-	-	-	-	-	-	-	0	0	0	509	0	-3,303	-299	683	-	233	-	-	-	-	-	-	-	-	-	-	-	-
Net income
11,448	6,319	-	-	28,826	11,853	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Less: Income attributable to non-controlling interest, net of tax
2,369	2,038	-	70	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income attributable to Navigant Consulting, Inc.
9,079	4,281	5,918	74,045	28,826	11,853	43,120	11,939	8,797	11,096	13,504	17,175	14,777	12,642	13,199	14,176	7,827	25,143	12,321	16,261	-75,859	10,879	14,219	10,226	13,950	13,798	13,527	11,444	9,556	11,642	11,056	10,536	10,760	8,778	559	9,223	7,828	6,447	8,340	3,385
Basic net income per share
Net income from continuing operations attributable to Navigant Consulting, Inc.
0.22	0.12	0.08	0.15	0.14	-0.04	-	0.13	0.05	-	-	-	-	-	-	-	-	-	0.25	0.33	-1.55	0.21	0.30	0.27	0.28	0.26	-	0.22	-	-	-	-	-	-	-	-	-	-	-	-
Income from discontinued operations, net of tax
0.01	-0.01	0.08	1.51	0.50	0.30	-	0.13	0.13	-	-	-	-	-	-	-	-	-	0.00	0.00	0.00	0.01	0.01	-0.07	-0.01	0.01	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income attributable to Navigant Consulting, Inc.
0.23	0.11	0.16	1.66	0.64	0.26	0.92	0.26	0.19	0.24	0.29	0.36	0.31	0.27	0.28	0.30	0.16	0.52	0.25	0.33	-1.55	0.22	0.29	0.21	0.28	0.27	0.27	0.22	0.19	0.23	0.22	0.21	0.21	0.17	0.01	0.19	0.16	0.13	0.17	0.07
Shares used in computing basic per share data
38,654	40,218	42,441	44,645	45,106	45,120	45,708	46,619	47,113	46,932	47,028	47,369	47,550	47,425	47,516	47,835	48,150	48,123	48,351	48,736	48,971	48,906	49,175	49,573	50,041	50,295	50,569	50,863	51,112	51,032	51,175	51,109	50,820	50,176	50,062	49,662	49,205	48,691	48,493	48,213
Diluted net income per share
Net income from continuing operations attributable to Navigant Consulting, Inc.
0.22	0.12	0.08	0.15	0.13	-0.04	-	0.12	0.05	-	-	-	-	-	-	-	-	-	0.25	0.33	-1.55	0.21	0.27	0.27	0.28	0.26	-	0.22	-	-	-	-	-	-	-	-	-	-	-	-
Income from discontinued operations, net of tax
0.01	-0.01	0.06	1.46	0.49	0.30	-	0.13	0.13	-	-	-	-	-	-	-	-	-	0.00	0.00	0.00	0.01	0.01	-0.07	-0.01	0.01	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income attributable to Navigant Consulting, Inc.
0.23	0.10	0.15	1.61	0.62	0.26	0.89	0.25	0.18	0.23	0.28	0.35	0.30	0.26	0.27	0.29	0.16	0.51	0.25	0.33	-1.55	0.22	0.28	0.20	0.27	0.27	0.28	0.22	0.18	0.22	0.22	0.20	0.21	0.17	0.01	0.18	0.16	0.13	0.17	0.07
Shares used in computing diluted per share data
39,616	41,408	45,307	45,932	46,549	45,120	47,222	48,017	48,696	48,969	48,617	48,763	48,841	49,031	49,018	49,155	49,310	49,413	45,689	49,827	48,971	50,477	50,660	50,762	51,022	51,360	51,346	51,460	51,685	51,797	51,693	51,487	51,270	51,034	50,910	50,518	50,264	50,096	49,954	49,756
Net income
11,448	6,319	-	-	28,826	11,853	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income
9,079	4,281	5,918	74,045	28,826	11,853	43,120	11,939	8,797	11,096	13,504	17,175	14,777	12,642	13,199	14,176	7,827	25,143	12,321	16,261	-75,859	10,879	14,219	10,226	13,950	13,798	13,527	11,444	9,556	11,642	11,056	10,536	10,760	8,778	559	9,223	7,828	6,447	8,340	3,385
Other comprehensive income (loss), net of tax:
Unrealized net gain (loss), foreign currency translation
-1,042	442	-	-	3,406	-1,369	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Realized net loss on disposition, foreign currency translation
-	-	-	16,677	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Unrealized net gain on interest rate derivatives
-	-	0	186	112	250	122	-18	-15	11	66	69	-45	-162	133	-186	-46	-218	-99	5	-14	-19	-16	-58	45	-10	5	-123	-140	-81	-597	226	80	132	-	-	-	-	-	-
Realized net gain on termination of derivatives
-	-	-	-452	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income attributable to non-controlling interest
-	-	-	-70	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Unrealized net (loss) gain, foreign currency translation
-	-	-	-1,232	-	-	-	1,865	2,714	830	-	-1,752	-3,459	-530	-1,506	-2,723	2,834	-3,078	-2,585	-950	786	-95	633	4,741	-744	-5,341	-444	3,820	-2,560	3,272	-583	-3,758	-2	3,593	-	-	-	-	-	-
Reclassification adjustment on interest rate derivatives included in interest expense and income tax expense
-	-	0	194	39	-7	-20	-36	6	-20	-13	-41	-40	-52	-78	-81	-80	-75	-79	-72	-39	-38	-38	-37	-30	-28	-322	-12	-128	154	-	-	-	-	-	-	-	-	-	-
Other comprehensive income (loss), net of tax
1,042	-442	-699	15,055	-3,333	1,626	591	1,883	2,693	861	-2,900	-1,642	-3,464	-640	-1,295	-2,828	2,868	-3,221	-2,605	-873	811	-76	655	4,720	-669	-5,323	-425	3,709	-2,572	3,345	-	-	-	-	-	-	-	-	-	-
Total comprehensive income, net of tax
12,490	5,877	-	-	25,493	13,479	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income attributable to non-controlling interest, net of tax
2,369	2,038	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total comprehensive income attributable to Navigant Consulting, Inc., net of tax
10,121	3,839	5,219	89,100	25,493	13,479	43,711	13,822	11,490	11,957	10,604	15,533	11,313	12,002	11,904	11,348	10,695	21,922	9,716	15,388	-75,048	10,803	14,874	14,946	13,281	8,475	13,102	15,153	6,984	14,987	10,639	7,004	10,838	12,503	-	-	-	-	-	-