Nextgen healthcare, inc. (NXGN)
Income statement / Quarterly
Dec'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'11Dec'10Sep'10Jun'10Mar'10Dec'09Sep'09Jun'09
Revenues:
Total revenues

137,740

134,256

131,861

134,785

130,867

130,321

133,200

135,775

131,715

132,607

130,922

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Software license and hardware

-

-

-

-

-

-

-

-

-

-

-

16,581

16,995

17,182

14,789

18,497

16,150

19,687

16,189

21,144

21,428

19,316

19,761

15,186

14,114

15,562

15,972

15,186

14,114

15,562

15,972

17,109

21,899

23,720

25,844

31,708

29,675

20,375

24,756

24,783

24,346

22,856

17,776

Software related subscription services

-

-

-

-

-

-

-

-

-

-

-

23,139

22,546

21,490

19,875

19,015

11,705

12,437

12,246

13,326

11,864

9,687

9,715

6,518

5,046

7,809

6,575

6,518

5,046

7,809

6,575

7,161

7,266

8,535

12,046

4,946

4,262

4,499

4,308

4,226

3,313

3,380

3,457

Total software, hardware and related

-

-

-

-

-

-

-

-

-

-

-

39,720

39,541

38,672

34,664

37,512

27,855

32,124

28,435

34,470

33,292

29,003

29,476

21,704

19,160

23,371

22,547

21,704

19,160

23,371

22,547

24,270

29,165

32,255

37,890

36,654

33,937

24,874

29,064

29,009

27,659

26,236

21,233

Support and maintenance

-

-

-

-

-

-

-

-

-

-

-

41,898

39,924

38,974

38,007

39,792

39,519

42,176

43,713

43,234

43,045

42,135

40,805

41,376

39,763

40,313

38,608

41,376

39,763

40,313

38,608

40,025

39,463

38,715

38,568

29,046

27,908

27,529

25,536

23,938

22,139

21,475

21,640

Revenue cycle management and related services

-

-

-

-

-

-

-

-

-

-

-

20,515

20,048

20,936

21,053

20,376

21,594

20,793

20,243

20,082

19,051

18,906

18,319

15,316

16,178

15,467

16,015

15,316

16,178

15,467

16,015

15,317

15,015

14,486

14,401

11,622

11,496

11,175

10,772

9,183

9,602

8,888

8,992

Electronic data interchange and data services

-

-

-

-

-

-

-

-

-

-

-

23,424

21,790

21,613

22,124

20,930

20,643

20,581

20,189

19,720

20,392

17,432

16,693

17,421

16,637

16,545

16,692

17,421

16,637

16,545

16,692

15,653

15,209

15,024

13,823

10,756

10,360

10,142

9,764

9,181

8,897

8,796

8,161

Professional services

-

-

-

-

-

-

-

-

-

-

-

6,828

6,565

6,971

6,357

9,302

7,421

9,695

9,584

10,882

7,644

13,043

12,601

19,386

17,116

15,385

15,667

19,386

17,116

15,385

15,667

16,030

15,658

15,648

13,614

9,030

8,170

7,737

7,791

7,202

6,665

6,303

6,612

Maintenance, EDI, RCM and other services

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

93,499

89,694

87,710

86,982

93,499

89,694

87,710

86,982

87,025

85,345

83,873

80,406

60,454

57,934

56,583

53,863

49,504

47,303

45,462

45,405

Total revenues

-

-

-

-

-

-

-

-

-

-

-

132,385

127,868

127,166

122,205

127,912

117,032

125,369

122,164

128,388

123,424

120,519

117,894

115,203

108,854

111,081

109,529

115,203

108,854

111,081

109,529

111,295

114,510

116,128

118,296

97,108

91,871

81,457

82,927

78,513

74,962

71,698

66,638

Cost of revenue:
Software license and hardware

-

-

-

-

-

-

-

-

-

-

-

5,427

5,680

6,427

7,120

7,357

6,530

6,578

7,041

6,477

7,295

7,475

7,556

7,115

27,398

4,779

4,934

7,115

27,398

4,779

4,934

5,695

4,660

5,624

5,771

3,204

5,667

4,696

6,212

2,864

2,810

3,737

2,704

Software related subscription services

-

-

-

-

-

-

-

-

-

-

-

9,637

9,345

8,675

9,087

-

-

-

-

5,643

5,194

5,384

4,451

8,109

7,466

6,972

7,134

8,109

7,466

6,972

7,134

7,023

7,221

7,507

9,145

4,868

3,677

3,475

2,990

2,908

2,898

3,296

2,881

Total software, hardware and related

-

-

-

-

-

-

-

-

-

-

-

15,064

15,025

15,102

16,207

16,525

12,063

12,541

12,999

12,120

12,489

12,859

12,007

15,224

34,864

11,751

12,068

15,224

34,864

11,751

12,068

12,718

11,881

13,131

14,916

8,072

9,344

8,171

9,202

5,772

5,708

7,033

5,585

Support and maintenance

-

-

-

-

-

-

-

-

-

-

-

7,414

7,299

7,036

6,568

7,455

7,537

8,394

7,943

7,802

7,365

6,785

6,914

6,384

5,642

5,262

5,302

6,384

5,642

5,262

5,302

5,505

5,259

4,741

4,811

2,875

3,381

3,238

3,454

3,667

3,392

3,255

3,025

Revenue cycle management and related services

-

-

-

-

-

-

-

-

-

-

-

14,318

13,462

14,359

14,231

14,018

14,381

14,680

14,512

12,274

11,956

12,015

11,999

12,059

11,736

11,007

11,401

12,059

11,736

11,007

11,401

10,980

10,918

10,556

10,870

8,733

8,715

8,222

8,145

7,213

7,124

6,856

6,522

Electronic data interchange and data services

-

-

-

-

-

-

-

-

-

-

-

12,870

12,662

12,807

12,763

12,851

12,437

12,539

12,326

14,252

14,246

13,202

12,706

10,845

10,276

10,650

10,796

10,845

10,276

10,650

10,796

10,099

9,852

9,151

9,248

7,321

6,908

6,773

6,709

6,683

6,525

6,164

5,890

Professional services

-

-

-

-

-

-

-

-

-

-

-

6,304

5,904

6,693

7,046

8,406

7,367

8,444

8,197

9,393

8,304

11,912

12,564

8,842

8,537

9,012

8,505

8,842

8,537

9,012

8,505

8,995

8,686

8,785

8,550

6,165

3,981

3,724

4,349

4,963

5,560

5,003

4,867

Total cost of maintenance, EDI, RCM and other services

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

38,130

36,191

35,931

36,004

38,130

36,191

35,931

36,004

35,579

34,715

33,233

33,479

25,094

22,985

21,957

22,657

22,526

22,601

21,278

20,304

Total cost of revenue

68,135

65,734

65,231

62,057

61,671

61,118

61,851

61,977

61,634

58,755

59,169

55,970

54,352

55,997

56,815

59,255

53,785

56,598

55,977

55,841

54,360

56,773

56,190

53,354

71,055

47,682

48,072

53,354

71,055

47,682

48,072

48,297

46,596

46,364

48,395

33,166

32,329

30,128

31,859

28,298

28,309

28,311

25,889

Amortization of capitalized software costs and acquired intangible assets

8,963

8,843

8,413

7,924

7,098

6,924

6,544

6,346

5,964

5,109

4,671

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gross profit

69,605

68,522

66,630

72,728

69,196

69,203

71,349

73,798

70,081

73,852

71,753

76,415

73,516

71,169

65,390

68,657

63,247

68,771

66,187

72,547

69,064

63,746

61,704

61,849

37,799

63,399

61,457

61,849

37,799

63,399

61,457

62,998

67,914

69,764

69,901

63,942

59,542

51,329

51,068

50,215

46,653

43,387

40,749

Operating expenses:
Selling, general and administrative

42,841

39,046

40,128

44,710

41,304

34,229

44,636

65,709

43,563

40,977

42,977

42,710

37,542

42,790

40,581

40,272

39,395

37,396

39,171

41,279

41,482

38,681

36,730

38,676

36,864

38,578

35,096

38,676

36,864

38,578

35,096

38,308

35,532

37,832

36,681

29,285

27,958

24,829

26,238

25,223

21,574

20,061

20,093

Research and development costs, net

20,026

19,789

22,051

19,813

20,682

18,371

22,128

21,098

20,645

19,527

19,989

22,111

19,714

18,292

18,224

16,077

14,518

17,981

17,085

17,638

18,468

16,898

16,236

15,120

13,175

7,615

5,614

15,120

13,175

7,615

5,614

8,231

7,786

6,272

8,576

5,751

5,358

5,232

5,456

4,269

3,954

4,346

3,977

Amortization of acquired intangible assets

964

865

865

1,028

1,027

1,121

1,168

1,795

1,956

2,012

2,047

2,546

2,568

2,617

2,704

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Impairment of assets

1,948

1,916

489

-

-

-

-

3,757

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Amortization of acquired intangible assets

964

865

865

1,028

1,027

1,121

1,168

1,795

1,956

2,012

2,047

2,546

2,568

2,617

2,704

2,675

897

898

897

898

904

908

983

1,132

1,219

1,260

1,194

-

-

-

-

-

-

-

-

445

445

445

347

682

377

367

357

Impairment of goodwill and other assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

0

0

5,873

-

-

0

5,873

0

0

17,400

0

0

0

-

-

-

-

-

-

-

-

Restructuring costs

546

175

1,707

640

-

-

-

481

130

-

-

2,393

231

701

3,753

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total operating expenses

66,325

61,791

65,240

66,191

63,013

53,721

67,932

92,840

66,294

62,516

65,013

69,760

60,055

64,400

65,262

91,262

54,810

56,275

57,153

59,815

60,854

56,487

53,949

54,928

57,131

47,453

41,904

54,928

57,131

47,453

41,904

65,133

44,530

45,420

46,394

35,481

33,761

30,506

32,041

30,174

25,905

24,774

24,427

Income from operations

3,280

6,731

1,390

6,537

6,183

15,482

3,417

-19,042

3,787

11,336

6,740

6,655

13,461

6,769

128

-22,605

8,437

12,496

9,034

12,732

8,210

7,259

7,755

6,921

-19,332

15,946

19,553

6,921

-19,332

15,946

19,553

-2,135

23,384

24,344

23,507

28,461

25,781

20,823

19,027

20,041

20,748

18,613

16,322

Interest income

30

36

79

103

44

40

29

19

15

12

9

5

0

1

8

-

-

-

-

40

-52

70

54

322

-

-205

31

-

-

-

-

-93

13

-62

35

19

55

129

60

46

43

59

78

Interest expense

435

387

472

595

720

769

730

1,073

733

840

677

711

629

803

1,013

-

-

-

-

311

30

1

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest income (expense), net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

121

-

-

322

121

-205

31

-

-

-

-

-

-

-

-

-

-

-

-

Other income (expense), net

137

210

-133

-117

-227

237

374

85

-41

15

-22

-116

-4

-55

-87

-

-

-

-

-45

0

-26

9

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income before provision for (benefit of) income taxes

3,012

6,590

864

5,928

5,280

14,990

3,090

-20,011

3,028

10,523

6,050

5,833

12,828

5,912

-964

-

-

-

-

12,416

8,128

7,302

7,818

7,278

-19,193

15,586

19,330

7,278

-19,193

15,586

19,330

-2,192

23,275

24,502

23,329

28,482

25,836

21,017

19,081

20,161

20,927

18,672

16,458

Other expense, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

35

18

-155

-254

35

18

-155

-254

36

-122

220

-213

2

0

65

-6

74

136

0

58

Provision for (benefit of) income taxes

-1,403

509

-380

2,000

456

1,896

442

-8,964

1,487

2,493

2,154

1,418

2,342

1,925

-317

-7,570

1,141

4,168

2,924

1,673

1,452

2,552

2,655

2,077

-6,606

5,465

6,385

2,077

-6,606

5,465

6,385

1,898

7,649

8,811

7,832

9,929

8,305

7,587

6,989

7,100

7,775

6,852

6,112

Net income

4,415

6,081

1,244

3,928

4,824

13,094

2,648

-11,047

1,541

8,030

3,896

4,415

10,486

3,987

-647

-16,322

7,302

8,315

6,362

10,743

6,676

4,750

5,163

5,201

-12,587

10,121

12,945

5,201

-12,587

10,121

12,945

-4,090

15,626

15,691

15,497

18,553

17,531

13,430

12,092

13,061

13,152

11,820

10,346

Other comprehensive income:
Foreign currency translation, net of tax

-103

-143

54

50

411

-793

-499

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

65

21

-20

-173

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Unrealized gain on marketable securities, net of tax

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-13

-51

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Comprehensive income

4,312

5,938

1,298

3,978

5,235

12,301

2,149

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,253

-12,617

10,101

12,772

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income per share:
Basic

0.07

0.09

0.02

0.06

0.07

0.20

0.04

-0.17

0.02

0.13

0.06

0.07

0.17

0.06

-0.01

-0.27

0.12

0.14

0.11

0.18

0.11

0.08

0.09

0.09

-0.21

0.17

0.22

0.09

-0.21

0.17

0.22

-0.07

0.26

0.26

0.26

0.32

0.30

0.23

0.21

-0.39

0.46

0.41

0.36

Diluted

0.07

0.09

0.02

0.06

0.07

0.20

0.04

-0.17

0.02

0.13

0.06

0.07

0.17

0.06

-0.01

-0.27

0.12

0.14

0.10

0.18

0.11

0.08

0.08

0.09

-0.21

0.17

0.22

0.09

-0.21

0.17

0.22

-0.07

0.26

0.26

0.26

0.32

0.30

0.23

0.21

-0.39

0.46

0.41

0.36

Weighted-average shares outstanding:
Basic

65,493

65,401

65,015

64,749

64,637

64,265

64,019

63,888

63,706

63,513

62,636

62,345

62,093

61,658

61,179

60,899

60,867

60,461

60,312

60,288

60,272

60,247

60,230

60,208

60,173

59,734

59,559

60,208

60,173

59,734

59,559

59,541

59,400

59,347

59,281

58,010

57,956

57,870

57,792

143,324

28,667

28,597

28,492

Diluted

65,664

65,560

65,353

64,917

64,776

64,857

64,054

63,888

63,708

63,530

62,643

62,348

62,093

62,052

61,179

60,899

61,279

61,194

61,064

60,956

60,855

60,788

60,770

60,592

60,173

59,751

59,572

60,592

60,173

59,751

59,572

59,541

59,405

59,386

59,388

58,404

58,280

58,156

58,114

144,158

28,833

28,742

28,635

Dividends declared per common share

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.00

0.17

0.17

0.17

0.17

0.17

0.17

0.17

0.00

0.17

0.17

0.17

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.17

0.15

0.15

0.15

-0.30

0.30

0.30

0.30

Recurring
Total revenues

124,787

120,589

119,447

120,151

117,446

116,317

120,007

118,598

118,997

119,441

119,178

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total cost of revenue

52,197

50,328

50,540

48,174

47,997

47,172

48,153

48,856

49,347

47,699

48,458

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Software, Hardware, and Other Non-recurring
Total revenues

12,953

13,667

12,414

14,634

13,421

14,004

13,193

17,177

12,718

13,166

11,744

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total cost of revenue

6,975

6,563

6,278

5,959

6,576

7,022

7,154

6,775

6,323

5,947

6,040

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-