Paycom Software, Inc. PAYC Income Statement

Paycom software, inc. (PAYC)

Income statement / TTM

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
Revenues
Total revenues
780,096	737,671	694,594	652,876	612,363	566,336	530,029	498,028	467,455	433,047	406,832	382,870	358,523	329,141	306,449	284,464	259,557	224,653	203,575	184,833	169,166	150,929	137,169	126,401	117,009	107,601	0	0	0
Cost of revenues
Operating expenses
88,676	89,336	85,981	83,051	80,439	76,231	72,822	69,988	67,920	62,438	59,796	57,699	52,569	48,268	43,712	38,449	35,104	31,790	29,416	27,250	25,873	24,694	23,284	22,332	20,928	19,070	0	0	0
Depreciation and amortization
21,799	20,411	19,070	17,733	16,037	14,532	13,019	11,554	10,567	9,590	8,534	7,553	6,672	5,798	5,134	4,558	4,059	3,683	3,390	3,083	2,804	2,624	2,377	2,233	2,040	1,821	0	0	0
Total cost of revenues
110,475	109,747	105,051	100,784	96,476	90,763	85,841	81,542	78,487	72,028	68,330	65,252	59,241	54,066	48,846	43,007	39,163	35,473	32,806	30,333	28,677	27,318	25,661	24,565	22,968	20,891	0	0	0
Administrative expenses
Sales and marketing
194,659	179,286	170,979	161,102	151,174	143,881	131,287	121,836	117,619	110,846	83,400	84,942	82,278	85,361	113,512	108,012	99,987	92,554	81,054	72,136	69,095	63,547	58,005	53,488	48,504	42,681	0	0	0
Research and development
76,212	73,080	67,609	59,530	53,486	46,247	40,933	37,519	34,883	30,430	29,676	27,796	23,903	20,966	16,798	12,915	10,620	8,627	7,570	6,280	5,310	4,325	3,707	3,186	2,573	2,146	0	0	0
General and administrative
122,470	127,534	121,291	117,611	109,146	96,605	91,877	93,036	97,635	80,228	66,342	67,592	59,218	59,174	68,633	56,172	51,048	47,826	43,761	40,175	38,217	35,501	35,694	34,099	32,001	28,729	0	0	0
Depreciation and amortization
23,280	21,800	20,321	18,817	16,898	15,125	13,388	11,630	10,611	9,805	9,325	8,954	8,337	7,834	7,136	6,561	6,138	5,738	5,396	5,098	4,770	4,538	4,288	4,088	3,889	3,682	0	0	0
Total administrative expenses
416,621	401,700	380,200	357,060	330,704	301,858	277,485	264,021	260,748	231,309	188,743	189,284	173,736	173,335	206,079	183,660	167,793	154,745	137,781	123,689	117,392	107,911	101,694	94,861	86,967	77,238	0	0	0
Total operating expenses
527,096	511,447	485,251	457,844	427,180	392,621	363,326	345,563	339,235	303,337	257,073	254,536	232,977	227,401	254,925	226,667	206,956	190,218	170,587	154,022	146,069	135,229	127,355	119,426	109,935	98,129	0	0	0
Operating income
253,000	226,224	209,343	195,032	185,183	173,715	166,703	152,465	128,220	129,710	149,759	128,334	125,546	101,740	51,524	57,797	52,601	34,435	32,988	30,811	23,097	15,700	9,814	6,975	7,074	9,472	0	0	0
Interest expense
680	940	1,178	952	0	-	0	0	-	911	1,061	1,093	982	1,036	1,093	1,184	1,406	1,427	1,409	1,404	1,686	3,421	5,422	7,413	9,065	9,272	0	0	0
Net loss on early repayment of debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-
Other income (expense), net
-27	803	-534	-146	632	1,762	699	234	-132	-1,067	733	402	369	308	304	615	518	517	176	117	685	1,421	2,454	2,282	1,357	1,199	0	0	0
Income before income taxes
252,293	226,087	207,667	193,620	184,773	174,711	166,831	152,292	127,434	127,732	149,431	127,643	124,933	101,012	50,735	57,228	51,713	33,525	31,755	29,524	18,052	9,656	2,802	-2,200	-634	1,399	0	0	0
Provision for income taxes
55,984	45,511	41,057	37,393	41,586	37,646	12,314	5,634	-3,518	4,246	39,597	32,521	39,406	30,591	10,371	19,215	18,175	12,580	13,461	12,387	7,454	3,993	1,609	-279	334	792	0	0	0
Net income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-968	607	0	0	0
Net income attributable to the noncontrolling interest
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	6	0	0	0
Net income
196,309	180,576	166,610	156,227	143,187	137,065	154,517	146,658	130,952	123,486	109,834	95,122	85,527	70,421	40,364	38,013	33,538	20,945	18,478	14,038	0	-	0	0	-	601	0	0	0
Unaudited pro forma additional income tax benefit
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-137	0	0	0
Unaudited pro forma net income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	738	0	0	0
Earnings per share, basic
1.09	0.79	0.68	0.85	0.82	0.54	0.50	0.62	0.71	0.85	0.36	0.34	0.58	0.60	0.11	0.18	0.32	0.09	0.07	0.10	0.11	0.05	0.05	-0.01	0.02	-0.05	-0.01	0.01	0.06
Earnings per share, diluted
1.08	0.78	0.67	0.83	0.81	0.54	0.49	0.61	0.70	0.84	0.35	0.34	0.57	0.60	0.10	0.18	0.31	0.08	0.07	0.10	0.11	0.05	0.05	-0.01	0.02	-0.04	-0.01	0.01	0.05
Weighted average shares outstanding:
Unaudited pro forma net income per share, basic
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.03	-0.01	0.01	0.05
Unaudited pro forma net income per share, diluted
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.02	-0.01	0.01	0.04
Weighted average shares outstanding:
Basic
57,655	57,664	57,654	57,569	57,357	57,486	57,727	57,837	57,793	58,146	58,003	57,898	57,307	57,656	57,819	57,591	57,132	57,142	57,050	57,038	54,749	52,074	51,056	50,284	45,721	45,720	45,707	45,621	44,857
Diluted
58,440	58,471	58,383	58,410	58,316	58,323	58,545	58,721	58,738	58,944	58,873	58,816	58,525	59,905	58,907	58,697	58,362	58,379	58,367	58,369	56,562	55,795	52,978	50,284	48,371	50,624	45,707	47,998	47,918
Recurring [Member]
Total revenues
766,059	724,428	682,198	641,623	602,234	557,255	520,985	489,653	459,395	425,424	400,058	376,417	352,558	323,548	300,836	279,212	254,540	219,987	199,581	181,258	166,104	148,207	134,782	124,082	114,810	105,560	0	0	0
Implementation and Other [Member]
Total revenues
14,037	13,243	12,396	11,253	10,129	9,081	9,044	8,375	8,060	7,623	6,774	6,453	5,965	5,593	5,613	5,252	5,017	4,666	3,994	3,575	3,062	2,722	2,387	2,319	2,199	2,041	0	0	0