Paycom software, inc. (PAYC)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12
Revenues
Total revenues

737,671

566,336

433,047

329,141

224,653

150,929

107,601

76,810

Cost of revenues
Operating expenses

89,336

76,231

62,438

48,268

31,790

24,694

19,070

14,895

Depreciation and amortization

20,411

14,532

9,590

5,798

3,683

2,624

1,821

1,431

Total cost of revenues

109,747

90,763

72,028

54,066

35,473

27,318

20,891

16,326

Administrative expenses
Sales and marketing

179,286

143,881

110,846

85,361

92,554

63,547

42,681

29,255

Research and development

73,080

46,247

30,430

20,966

8,627

4,325

2,146

1,632

General and administrative

127,534

96,605

80,228

59,174

47,826

35,501

28,729

19,372

Depreciation and amortization

21,800

15,125

9,805

7,834

5,738

4,538

3,682

4,092

Total administrative expenses

401,700

301,858

231,309

173,335

154,745

107,911

77,238

54,351

Total operating expenses

511,447

392,621

303,337

227,401

190,218

135,229

98,129

70,677

Operating income

226,224

173,715

129,710

101,740

34,435

15,700

9,472

6,133

Interest expense

940

766

911

1,036

1,427

3,421

9,272

6,977

Net loss on early repayment of debt

-

-

-

-

-

-4,044

-

-

Other income (expense), net

803

1,762

-1,067

308

517

1,421

1,199

354

Income before income taxes

226,087

174,711

127,732

101,012

33,525

9,656

1,399

-490

Provision for income taxes

45,511

37,646

4,246

30,591

12,580

3,993

792

-84

Net income

-

-

-

-

-

-

607

-406

Net income attributable to the noncontrolling interest

-

-

-

-

-

-

6

-3

Net income

180,576

137,065

123,486

70,421

20,945

5,663

601

-403

Unaudited pro forma additional income tax benefit

-

-

-

-

-

-

-137

-14

Unaudited pro forma net income

-

-

-

-

-

-

738

-389

Earnings per share, basic

3.14

2.37

2.13

1.21

0.37

0.11

0.01

-0.01

Earnings per share, diluted

3.09

2.34

2.10

1.19

0.36

0.11

0.01

-0.01

Weighted average shares outstanding:
Unaudited pro forma net income per share, basic

-

-

-

-

-

-

0.02

-0.01

Unaudited pro forma net income per share, diluted

-

-

-

-

-

-

0.02

-0.01

Weighted average shares outstanding:
Basic

57,561

57,711

57,839

57,550

56,495

49,784

45,476

44,771

Diluted

58,395

58,582

58,790

58,968

57,919

51,857

48,062

44,771

Recurring [Member]
Total revenues

724,428

557,255

425,424

323,548

219,987

148,207

105,560

75,420

Implementation and Other [Member]
Total revenues

13,243

9,081

7,623

5,593

4,666

2,722

2,041

1,390