NUANCE COMMUNICATIONS, INC. NUAN Income Statement

Nuance communications, inc. (NUAN)

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	Dec'09	Jun'09
Revenues:
Hosting and professional services
235,514	230,477	338,524	260,902	217,527	227,717	260,684	253,610	273,449	257,979	202,971	251,488	258,690	253,417	245,667	242,331	240,196	227,135	234,552	234,253	224,504	226,170	233,557	231,698	227,526	218,135	208,436	210,423	213,264	200,305	196,886	181,940	155,535	139,582	132,063	125,347	128,911	122,820	125,769	117,875	116,228	103,695	110,966
Product and licensing
69,599	125,180	213,302	121,809	58,226	115,889	156,063	132,762	130,446	124,748	28,673	154,228	159,258	151,752	178,540	153,015	158,622	179,050	189,345	162,806	174,451	169,688	189,508	168,224	174,819	178,437	192,301	191,568	173,065	196,731	209,227	190,299	176,466	164,734	179,177	152,745	141,580	133,856	138,232	108,840	113,161	113,227	87,387
Maintenance and support
64,224	62,576	65,810	66,486	60,831	76,069	62,685	63,077	62,298	64,497	23,079	80,505	81,625	82,489	81,997	82,505	79,915	79,930	80,222	80,880	76,104	78,161	79,249	75,582	73,308	73,408	71,506	67,778	64,670	65,232	62,668	59,505	58,340	56,327	55,801	50,817	48,471	47,153	45,762	46,488	43,616	46,055	42,687
Revenues
369,337	418,233	617,636	449,197	336,584	419,675	479,432	449,449	466,193	447,224	254,723	486,221	499,573	487,658	506,204	477,851	478,733	486,115	504,119	477,939	475,059	474,019	502,314	475,504	475,653	469,980	472,243	469,769	450,999	462,268	468,781	431,744	390,341	360,643	367,041	328,909	318,962	303,829	309,763	273,203	273,005	262,977	241,040
Cost of revenues:
Hosting and professional services
133,196	135,790	210,900	154,397	134,294	136,598	161,016	165,578	180,257	171,527	156,098	169,439	164,170	164,892	159,785	158,412	154,712	153,259	157,043	153,646	150,701	157,243	156,085	163,587	157,437	154,580	146,750	140,441	138,534	125,156	122,153	115,205	97,221	90,154	93,052	83,301	86,490	78,212	74,376	71,353	73,000	61,996	68,321
Product and licensing
9,316	34,178	12,348	19,207	9,373	32,405	14,932	13,969	14,126	13,772	-701	17,637	18,790	18,378	21,359	20,785	20,823	23,412	23,341	21,276	23,252	23,970	22,952	23,934	25,226	25,438	24,285	25,844	22,943	26,309	21,713	16,669	17,691	18,764	17,651	15,820	14,984	17,146	15,424	10,901	10,702	12,591	8,414
Maintenance and support
7,965	7,794	8,700	8,192	8,911	7,761	10,708	9,612	9,579	9,425	-3,005	13,410	13,240	13,598	13,581	13,574	13,626	13,296	13,289	13,702	13,392	14,041	13,745	13,566	12,359	12,608	12,224	12,586	13,098	14,797	12,319	11,093	10,893	11,020	11,412	8,836	9,536	8,273	7,934	7,631	7,714	7,990	7,207
Amortization of intangible assets
6,616	6,627	13,901	8,895	6,681	7,356	12,142	12,172	13,058	13,514	9,405	15,727	17,218	15,542	15,799	15,107	16,339	15,631	17,108	15,776	15,631	15,131	15,447	15,006	15,342	15,194	15,476	15,187	16,610	16,310	15,300	14,933	14,867	14,934	14,570	13,087	14,163	13,291	12,663	11,893	12,184	11,018	10,017
Total cost of revenues
157,093	184,389	245,849	190,691	159,259	184,120	198,798	201,331	217,020	208,238	161,797	216,213	213,418	212,410	210,524	207,878	205,500	205,598	210,781	204,400	202,976	210,385	208,229	216,093	210,364	207,820	198,735	194,058	191,185	182,572	171,485	157,900	140,672	134,872	136,685	121,044	125,173	116,922	110,397	101,778	103,600	93,595	93,959
Gross profit
212,244	233,844	371,787	258,506	177,325	235,555	280,634	248,118	249,173	238,986	92,926	270,008	286,155	275,248	295,680	269,973	273,233	280,517	293,338	273,539	272,083	263,634	294,085	259,411	265,289	262,160	273,508	275,711	259,814	279,696	297,296	273,844	249,669	225,771	230,356	207,865	193,789	186,907	199,366	171,425	169,405	169,382	147,081
Operating expenses:
Research and development
57,909	56,553	115,664	67,598	45,758	46,866	76,524	69,427	66,698	66,086	40,806	66,565	66,232	66,322	65,618	67,761	67,226	70,525	72,389	78,188	73,723	82,567	81,587	87,137	84,581	80,470	77,673	73,134	69,681	68,721	63,311	56,084	53,992	52,054	49,479	42,245	46,272	41,381	38,274	38,916	37,931	36,950	27,742
Sales and marketing
71,024	-	96,221	72,229	67,683	67,370	78,475	77,820	74,857	80,560	32,169	97,011	93,674	101,516	101,427	96,012	92,837	100,590	107,093	99,285	93,249	111,250	107,561	99,783	98,280	118,906	105,812	98,889	97,855	117,135	101,298	93,156	84,354	90,397	80,622	73,336	74,137	78,344	69,528	67,219	63,899	65,562	50,233
General and administrative
38,376	38,314	45,264	46,421	39,857	43,466	51,262	49,666	73,183	51,773	39,428	42,329	41,518	39,790	41,704	40,328	45,940	40,501	47,451	42,130	47,115	50,567	59,389	43,732	43,682	44,476	51,126	50,754	33,355	44,784	47,838	43,016	41,149	31,315	43,332	35,901	37,188	31,182	33,418	29,887	31,305	27,451	24,507
Depreciation, Depletion and Amortization, Nonproduction
11,821	12,549	-	-	13,824	13,842	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of intangible assets
-	-	-	-	-	-	-	-	-	-	65,800	29,160	27,912	27,859	27,792	26,748	26,448	27,033	26,104	26,371	25,328	26,827	27,733	27,287	26,571	27,472	26,528	27,303	26,001	25,426	24,391	25,917	21,905	23,203	22,998	20,972	21,572	22,677	22,033	21,459	22,201	22,126	19,931
Intangible Assets Amortization Expense
-	-	-	16,496	-	-	16,906	19,856	18,397	18,841	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Acquisition-related costs, net
-	-	-	-	-	-	-	-	-	5,561	5,657	7,646	5,379	9,026	8,740	4,721	1,225	2,480	677	2,423	6,523	4,756	5,508	9,110	6,802	2,798	6,962	-8,458	15,448	15,733	12,374	16,775	14,986	14,611	7,956	8,595	2,314	3,001	3,719	6,125	7,962	12,805	4,659
Business Combination, Acquisition Related Costs
1,680	1,167	-	1,154	2,051	2,601	-	4,916	2,360	5,561	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Restructuring and other charges, net
6,329	6,683	39,848	16,118	9,858	14,641	29,234	5,342	8,881	13,569	20,274	13,035	19,911	6,703	4,967	5,717	6,652	7,888	10,966	10,808	-333	2,228	2,265	8,622	4,719	3,837	1,716	7,940	5,062	1,667	1,466	1,402	2,536	2,864	17,519	864	2,428	2,051	1,647	3,257	12,372	615	2,893
Goodwill and Intangible Asset Impairment
-	-	-	0	-	-	-	0	137,907	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Asset Impairment Charges
-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total operating expenses
187,139	181,738	322,668	220,016	179,031	188,786	288,688	227,027	382,283	236,390	146,242	255,746	254,626	251,216	250,248	241,287	240,328	249,017	264,680	259,205	245,605	278,195	284,043	275,671	264,635	277,959	269,817	249,562	247,402	273,466	250,678	236,350	218,922	214,444	221,906	181,913	183,911	178,636	168,619	166,863	175,670	165,509	129,965
Income (loss) from operations
25,105	52,106	49,119	38,490	-1,706	46,769	-8,054	21,091	-133,110	2,596	-53,316	14,262	31,529	24,032	45,432	28,686	32,905	31,500	28,658	14,334	26,478	-14,561	10,042	-16,260	654	-15,799	3,691	26,149	12,412	6,230	46,618	37,494	30,747	11,327	8,450	25,952	9,878	8,271	30,747	4,562	-6,265	3,873	17,116
Other (expense) income:
Interest income
1,512	2,186	3,718	3,762	3,671	2,554	2,417	2,482	2,236	2,192	2,667	1,952	1,280	1,023	927	1,012	1,616	883	776	670	627	562	617	535	774	419	295	377	405	538	477	516	648	593	946	727	659	827	458	171	173	436	683
Interest expense
23,629	23,815	28,318	28,359	31,152	32,266	33,468	33,849	33,866	36,070	40,593	40,422	37,853	38,021	37,340	33,184	32,328	29,880	29,147	29,486	30,034	29,897	32,803	31,926	33,987	33,959	35,707	34,065	33,878	34,117	27,165	20,450	19,951	17,720	9,889	8,749	8,838	9,227	10,613	9,971	10,172	10,237	10,137
Other (expense) income, net
-1,688	-12,040	-2,713	3,152	199	-1,176	-306	-885	-408	-222	42	-1,019	-19,623	-610	-1,206	-489	6	-6,801	-182	-18,375	-110	-785	-320	363	-274	-3,096	-1,144	-445	-4,113	-3,308	1,719	13,805	913	5,731	2,145	301	2,423	6,141	-4,912	5,539	3,156	1,990	-3,807
Income (loss) before income taxes
1,300	18,437	21,806	17,045	-28,988	15,881	-39,411	-11,161	-165,148	-31,504	-91,200	-25,227	-24,667	-13,576	7,813	-3,975	2,199	-4,298	105	-32,857	-3,039	-44,681	-22,464	-47,288	-32,833	-52,435	-32,865	-7,984	-25,174	-30,657	21,649	31,365	12,357	-69	1,652	18,231	4,122	6,012	15,680	301	-13,108	-3,938	3,855
Provision (benefit) for income taxes
14,810	-36,440	-97,789	7,786	-591	2,000	5,097	9,559	1,993	-78,969	1,568	2,609	9,141	10,353	-10,661	7,846	9,245	7,767	11,132	6,533	11,059	5,814	-21,008	6,959	6,394	2,978	-545	26,990	674	-8,561	-95,992	-47,899	11,467	-9,409	6,761	-23,390	2,387	6,021	13,575	1,831	2,288	340	6,670
Net Income (Loss) Attributable to Parent
-13,510	48,685	108,129	9,259	77,332	19,090	-35,066	-14,037	-164,053	53,228	-65,423	-27,836	-33,808	-23,929	18,474	-11,821	-7,046	-12,065	-11,027	-39,390	-14,098	-50,495	-1,456	-54,247	-39,227	-55,413	-32,320	-34,974	-25,848	-22,096	117,641	79,264	890	9,340	-5,109	41,621	1,735	-9	2,105	-1,530	-15,396	-4,278	-2,815
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent
0	-6,192	-11,466	0	105,729	5,209	9,442	6,683	3,088	5,763	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent
-13,510	54,877	119,595	9,259	-28,397	13,881	-44,508	-20,720	-167,141	47,465	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net (loss) income per common share - basic:
Earnings Per Share, Basic
-0.05	0.17	0.38	0.03	0.27	0.07	-0.12	-0.05	-0.56	0.18	-0.22	-0.10	-0.12	-0.08	0.06	-0.04	-0.02	-0.04	-0.03	-0.13	-0.04	-0.16	0.00	-0.17	-0.12	-0.18	-0.11	-0.11	-0.08	-0.07	0.38	0.26	0.00	0.03	-0.02	0.14	0.01	0.00	0.01	-0.01	-0.05	-0.02	-0.01
Discontinued Operation, Income (Loss) from Discontinued Operation, Net of Tax, Per Basic Share
0.00	-0.02	-0.04	0.00	0.37	0.02	0.03	0.02	0.01	0.02	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income (Loss) from Continuing Operations, Per Basic Share
-0.05	0.19	0.42	0.03	-0.10	0.05	-0.15	-0.07	-0.57	0.16	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Earnings Per Share, Diluted
-0.05	0.17	0.37	0.03	0.27	0.07	-0.12	-0.05	-0.56	0.18	-0.22	-0.10	-0.12	-0.08	0.06	-0.04	-0.02	-0.04	-0.03	-0.13	-0.04	-0.16	0.00	-0.17	-0.12	-0.18	-0.11	-0.11	-0.08	-0.07	0.37	0.25	0.00	0.03	-0.02	0.13	0.01	0.00	0.01	-0.01	-0.05	-0.02	-0.01
Discontinued Operation, Income (Loss) from Discontinued Operation, Net of Tax, Per Diluted Share
0.00	-0.02	-	0.00	0.37	0.02	-	0.02	0.01	0.02	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income (Loss) from Continuing Operations, Per Diluted Share
-0.05	0.19	0.41	0.03	-0.10	0.05	-0.15	-0.07	-0.57	0.16	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Weighted average common shares outstanding:
Weighted Average Number of Shares Outstanding, Basic
282,576	284,130	285,784	285,942	285,866	287,796	287,139	292,663	294,103	291,367	289,562	287,856	291,021	288,953	283,328	279,373	298,021	307,794	310,802	312,680	322,879	321,751	318,723	317,610	316,593	314,818	310,863	315,441	315,473	312,571	309,425	306,766	305,282	304,011	306,438	303,100	300,937	298,633	293,976	291,610	284,994	279,068	260,750
Weighted Average Number of Shares Outstanding, Diluted
282,576	289,453	293,627	288,648	285,866	292,359	282,511	292,663	294,103	295,995	289,562	287,856	291,021	288,953	283,328	279,373	298,021	307,794	310,802	312,680	322,879	321,751	318,723	317,610	316,593	314,818	310,863	315,441	315,473	312,571	319,551	320,559	322,642	320,536	332,649	317,802	314,756	298,633	293,976	291,610	284,994	279,068	260,750