National research corporation (NRC)
Income statement / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Sep'10Jun'10
Revenue

33,860

32,623

32,465

31,414

31,480

30,639

30,013

28,017

31,017

29,897

28,951

28,435

30,276

28,368

27,032

26,114

27,870

26,365

25,244

24,464

26,270

25,124

23,682

24,001

26,030

22,923

22,407

22,354

24,906

21,996

21,386

20,632

22,407

19,111

18,549

18,316

19,791

16,006

14,139

Operating expenses:
Direct, exclusive of depreciation and amortization

12,546

11,166

12,109

11,506

11,654

11,892

11,780

10,996

12,909

12,362

12,267

11,939

12,500

11,836

11,468

10,734

11,539

11,365

11,006

10,440

11,799

10,848

9,769

10,773

10,329

9,648

9,452

9,498

10,246

9,128

8,769

8,633

8,931

7,178

7,471

7,260

6,758

6,038

5,877

Selling, general and administrative, exclusive of depreciation and amortization

8,749

8,241

8,706

8,319

7,707

7,885

7,679

7,940

7,867

7,665

8,430

6,905

6,686

6,619

7,139

7,270

7,357

6,294

6,620

6,636

7,627

6,863

5,805

5,984

6,366

6,305

6,019

6,391

6,493

6,001

5,821

5,569

6,151

5,648

5,572

5,990

6,090

5,250

4,545

Depreciation and amortization

1,371

1,254

1,430

1,440

1,415

1,467

1,388

1,325

1,283

1,209

1,132

1,139

1,106

1,079

1,086

1,092

968

1,000

1,070

1,024

1,015

994

949

926

935

944

907

931

950

1,093

1,149

1,214

1,243

1,275

1,312

1,235

1,243

1,225

1,059

Total operating expenses

22,666

20,661

22,245

21,265

20,776

21,244

20,847

20,261

22,059

21,236

21,829

19,983

20,292

19,534

19,693

19,096

19,864

18,659

18,696

18,100

20,441

18,705

16,523

17,683

17,630

16,897

16,378

16,820

17,689

16,222

15,739

15,416

16,325

14,101

14,355

14,485

14,091

12,513

11,481

Operating income

11,194

11,962

10,220

10,149

10,704

9,395

9,166

7,756

8,958

8,661

7,122

8,452

9,984

8,834

7,339

7,018

8,006

7,706

6,548

6,364

5,829

6,419

7,159

6,318

8,400

6,026

6,029

5,534

7,217

5,774

5,647

5,216

6,082

5,010

4,194

3,831

5,700

3,493

2,658

Other income (expense):
Interest income

11

13

10

8

6

5

3

9

45

38

29

15

14

13

12

11

11

13

14

16

17

25

22

19

17

18

14

12

19

13

8

6

5

4

4

3

2

1

2

Interest expense

465

478

510

533

570

522

544

439

8

14

18

23

27

31

38

36

85

48

52

57

63

70

76

78

81

88

91

101

117

125

134

140

142

149

155

156

169

137

93

Other, net

630

-132

89

-139

-280

662

-242

493

-28

-26

40

27

9

189

-4

43

74

1,097

-25

2

-1

2

2

7

7

-12

-4

18

14

12

-29

29

-15

-13

74

9

-29

-24

49

Total other income (expense)

176

-597

-411

-664

-844

145

-783

63

9

-2

51

19

-4

171

-30

18

0

1,062

-63

-39

-47

-43

-52

-52

-57

-82

-81

-71

-84

-100

-155

-105

-152

-158

-77

-144

-196

-160

-42

Income before income taxes

11,370

11,365

9,809

9,485

9,860

9,540

8,383

7,819

8,967

8,659

7,173

8,471

9,980

9,005

7,309

7,036

8,006

8,768

6,485

6,325

5,782

6,376

7,107

6,266

8,343

5,944

5,948

5,463

7,133

5,674

5,492

5,111

5,930

4,852

4,117

3,687

5,504

3,333

2,616

Income tax provision (benefit)

-385

2,667

1,690

2,092

1,664

1,739

1,391

-129

1,661

2,142

3,020

2,719

3,459

3,280

2,580

2,478

2,500

2,841

2,346

2,261

2,302

2,276

2,555

2,215

2,890

2,177

2,135

2,029

2,663

1,971

1,915

1,172

2,081

1,720

1,470

1,358

2,048

1,191

956

Earnings Per Share of Common Stock:
Net income

11,755

8,698

8,119

7,393

8,196

7,801

6,992

7,948

7,306

6,517

4,153

5,752

6,521

5,725

4,729

4,558

5,506

5,927

4,139

4,064

3,480

4,100

4,552

4,051

5,453

3,767

3,813

3,434

4,470

3,703

3,577

3,939

3,849

3,132

2,647

2,329

3,456

2,142

1,660

Basic earnings per share:
Basic Earnings Per Share (in dollars per share)

0.47

-

0.33

0.30

0.33

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.57

-

0.40

0.35

0.52

0.32

0.25

Diluted earnings per share:
Diluted Earnings Per Share (in dollars per share)

0.46

-

0.31

0.29

0.32

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.56

-

0.39

0.34

0.51

0.32

0.25

Weighted average shares and share equivalents outstanding:
Basic (in shares)

24,972

-

24,827

24,789

24,766

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6,719

-

6,679

6,665

6,654

6,632

6,634

Diluted (in shares)

25,725

-

25,741

25,586

25,509

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6,907

-

6,850

6,855

6,809

6,727

6,732

Common Class A [Member]
Net income

-

-

-

-

-

-

6,992

7,000

3,630

-

2,062

2,855

3,234

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Basic earnings per share (in dollars per share)

-

-

-

-

-

0.34

0.28

0.29

0.17

0.15

0.10

0.14

0.15

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Diluted earnings per share (in dollars per share)

-

-

-

-

-

0.32

0.27

0.28

0.17

0.15

0.09

0.13

0.15

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Dividends declared per common share (in dollars per share)

-

-

-

-

-

-

-

-

0.10

-

0.10

0.10

0.10

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Weighted average shares and share equivalents outstanding, basic (in shares)

-

-

-

-

-

24,736

24,671

23,957

20,884

20,803

20,788

20,752

20,737

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Weighted average shares and share equivalents outstanding, diluted (in shares)

-

-

-

-

-

25,583

25,526

24,846

21,837

21,998

21,740

21,525

21,245

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Common Class B [Member]
Net income

-

-

-

-

-

0

0

948

3,676

3,280

2,091

2,897

3,287

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Basic earnings per share (in dollars per share)

-

-

-

-

-

0.00

0.00

0.27

1.04

0.92

0.59

0.82

0.93

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Diluted earnings per share (in dollars per share)

-

-

-

-

-

0.00

0.00

0.26

1.01

0.90

0.57

0.80

0.91

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Dividends declared per common share (in dollars per share)

-

-

-

-

-

-

-

-

0.60

-

0.60

0.60

0.60

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Weighted average shares and share equivalents outstanding, basic (in shares)

-

-

-

-

-

3,527

3,527

3,527

3,527

3,515

3,514

3,514

3,513

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Weighted average shares and share equivalents outstanding, diluted (in shares)

-

-

-

-

-

3,628

3,634

3,620

3,630

3,625

3,620

3,591

3,576

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-