Premier, inc. (PINC)
Income statement / Yearly
Jun'19Jun'18Jun'17Jun'16Jun'15Jun'14Jun'13Jun'12
Revenues [Abstract]
Net revenue

1,217,638

1,184,657

1,066,238

1,162,594

1,007,029

910,549

869,290

768,285

Cost of revenue:
Cost of revenue

355,630

341,997

308,713

457,056

396,910

307,625

237,413

189,719

Gross profit

862,008

842,660

757,525

705,538

610,119

602,924

631,877

578,566

Remeasurement of tax receivable agreement liabilities

0

-177,174

-5,447

-4,818

-

-

-

-

Other operating income

0

177,174

5,447

4,818

-

-

-

-

Operating expenses:
Selling, general and administrative

438,985

425,251

395,786

408,429

332,004

294,421

248,301

240,748

Research and development

1,224

1,423

3,107

2,925

2,937

3,389

9,370

12,583

Amortization of purchased intangible assets

53,285

52,800

46,100

33,054

9,136

3,100

1,539

3,146

Operating expenses

493,494

479,475

445,015

444,408

344,077

300,872

259,210

256,477

Operating income

368,514

540,359

317,957

265,948

266,042

302,052

372,667

322,089

Remeasurement gain attributable to acquisition of Innovatix, LLC

0

0

205,146

0

0

-

-

-

Income (Loss) from Equity Method Investments

5,658

1,174

14,745

21,647

21,285

16,976

11,968

12,122

Investment Income, Net

-2,471

-5,300

-4,512

-1,021

866

1,019

965

874

Gain (loss) on investment

-

-

-

-

-

38,372

0

0

Loss on disposal of long-lived assets

-6,681

-2,376

-2,422

0

-15,243

0

0

-188

Other Nonoperating Income (Expense)

3,119

-16,324

614

-1,692

-1,823

1,907

-788

-

Other (expense) income, net

-375

-22,826

213,571

18,934

5,085

58,274

12,145

12,808

Income before income taxes

368,139

517,533

531,528

284,882

271,127

360,326

384,812

334,897

Income tax expense

33,462

259,526

81,924

49,721

36,342

27,709

9,726

8,229

Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest

334,677

258,007

449,604

-

-

-

-

-

Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest

-50,598

-437

-127

-

-

-

-

-

Net Income (Loss), Including Portion Attributable to Noncontrolling Interest

284,079

257,570

449,477

235,161

234,785

332,617

375,086

326,668

Net income from continuing operations attributable to noncontrolling interest

200,907

224,548

336,128

-

-

-

-

-

Net (income) loss from discontinued operations attributable to noncontrolling interest

-25,948

-279

-76

-

-

-

-

-

Net income attributable to non-controlling interest in S2S Global

-

-

-

-

1,836

949

-1,479

-608

Net income attributable to non-controlling interest in Premier LP

174,959

224,269

336,052

193,547

194,206

303,336

369,189

323,339

Adjustment of redeemable limited partners' capital to redemption amount

118,064

-157,581

37,176

-776,750

904,035

-2,741,600

0

0

Net income attributable to non-controlling interest

-

-

-

-

196,042

304,285

367,710

322,731

Net income attributable to stockholders

-8,944

190,882

76,249

818,364

-865,292

-

7,376

3,937

Net income (loss) attributable to stockholders

-

-

-

-

-

-2,713,256

7,376

3,937

Weighted average shares outstanding:
Basic (in shares)

59,188

53,518

49,654

42,368

35,681

25,633

5,858

6,183

Diluted (in shares)

60,269

137,340

50,374

145,308

35,681

25,633

5,858

6,183

Earnings per share attributable to stockholders:
Basic (loss) earnings per share:
Basic (loss) earnings per share from continuing operations (in usd per share)

0.27

3.57

1.54

-

-

-

-

-

Discontinued operations (usd per share)

-0.42

0.00

0.00

-

-

-

-

-

Basic (loss) earnings per share attributable to stockholders (in usd per share)

-0.15

3.57

1.54

19.32

-24.25

-105.85

1.26

0.64

Diluted (loss) earnings per share:
Diluted (loss) earnings per share from continuing operations (in usd per share)

0.27

1.37

1.51

-

-

-

-

-

Discontinued operations (usd per share)

-0.42

-0.01

0.00

-

-

-

-

-

Diluted (loss) earnings per share attributable to stockholders (in usd per share)

-0.15

1.36

1.51

0.97

-24.25

-105.85

1.26

0.64

Net administrative fees
Net revenue

662,462

643,839

557,468

498,394

457,020

464,837

519,219

473,249

Other services and support
Net revenue

371,019

368,491

360,406

337,554

270,748

233,186

205,685

178,552

Services
Net revenue

1,033,481

1,012,330

917,874

835,948

727,768

698,023

724,904

651,801

Cost of revenue

182,375

187,363

182,186

163,240

143,290

115,740

103,795

83,021

Products
Net revenue

184,157

172,327

148,364

326,646

279,261

212,526

144,386

116,484

Cost of revenue

173,255

154,634

126,527

293,816

253,620

191,885

133,618

106,698