Perficient, inc. (PRFT)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09
Revenues
Reimbursable expenses

-

-

-

-

15,530

17,248

16,512

15,360

13,649

9,223

8,785

Revenues

565,527

498,375

485,261

486,982

473,621

456,692

373,325

327,096

262,439

214,952

188,150

Cost of revenues (exclusive of depreciation and amortization, shown separately below):
Reimbursable expenses

-

-

-

-

15,530

17,248

16,512

15,360

13,649

9,223

8,785

Other project-related expenses

-

-

-

-

-

-

4,508

4,078

4,892

5,550

4,514

Total cost of revenues

354,213

319,831

323,748

335,702

318,411

307,357

250,226

223,693

181,305

152,185

139,817

Gross margin

-

-

-

-

-

149,335

123,099

103,403

81,134

62,767

48,333

Selling, general and administrative

134,187

118,484

108,192

101,264

99,963

90,202

77,601

64,853

51,672

45,477

40,042

Depreciation

4,447

4,072

4,722

4,867

4,496

3,734

3,262

2,251

1,754

830

1,483

Amortization

16,200

16,400

15,000

13,400

13,819

14,453

7,974

7,827

6,341

3,954

4,267

Acquisition costs

896

1,872

1,359

1,252

1,235

3,446

2,297

1,871

1,249

993

0

Adjustment to fair value of contingent consideration

301

1,816

3,235

-1,679

445

-1,463

287

517

1,586

4

0

Income from operations

55,332

35,944

28,980

32,205

35,252

38,963

31,678

26,084

18,532

11,517

2,541

Net interest expense

-7,418

-3,560

-1,838

-1,636

-2,085

-1,438

-293

-143

68

163

209

Net other expense (income)

27

-12

1

-60

-332

-5

112

44

45

68

260

Income before income taxes

47,941

32,372

27,143

30,509

32,835

37,520

31,497

25,985

18,645

11,748

3,010

Provision for income taxes

10,816

7,813

8,562

10,050

9,828

14,357

10,065

9,878

7,898

5,268

1,547

Net income

37,125

24,559

18,581

20,459

23,007

23,163

21,432

16,107

10,747

6,480

1,463

Basic net income per share (in dollars per share)

1.18

0.76

0.56

0.60

0.69

0.73

0.71

0.54

0.39

0.24

0.05

Diluted net income per share (in dollars per share)

1.15

0.73

0.55

0.58

0.67

0.70

0.67

0.52

0.37

0.23

0.05

Shares used in computing basic net income per share (in shares)

31,344

32,415

33,016

34,023

33,408

31,698

30,294

29,536

27,745

26,856

27,538

Shares used in computing diluted net income per share (in shares)

32,243

33,502

34,066

35,001

34,324

33,158

31,808

31,086

29,184

28,304

28,558

Services
Revenues

561,918

494,001

446,619

437,028

411,469

386,668

326,589

286,548

233,166

185,173

166,397

Total cost of revenues

354,213

319,831

290,453

292,121

261,711

242,874

202,558

182,719

149,243

119,304

114,877

Software and hardware
Revenues

3,609

4,374

38,642

49,954

46,622

52,776

30,224

25,188

15,624

20,556

12,968

Cost of Goods and Services Sold

0

0

33,295

43,581

41,170

47,235

26,648

21,536

13,521

18,108

11,641