RESOURCES CONNECTION INC RECN Income Statement

Resources connection inc (RECN)

Income statement / TTM

Feb'20	Nov'19	Aug'19	May'19	Feb'19	Nov'18	Aug'18	May'18	Feb'18	Nov'17	Aug'17	May'17	Feb'17	Nov'16	Aug'16	May'16	Feb'16	Nov'15	Aug'15	May'15	Feb'15	Nov'14	Aug'14	May'14	Feb'14	Nov'13	Aug'13	May'13	Feb'13	Nov'12	Aug'12	May'12	Feb'12	Nov'11	Aug'11	May'11	Feb'11	Nov'10	Aug'10	May'10	Feb'10	Nov'09	Aug'09
Revenue
706,928	718,374	722,666	728,999	730,646	723,562	691,501	654,129	618,958	590,388	581,208	583,411	587,306	590,241	593,570	598,521	594,820	594,873	595,482	590,589	598,558	584,451	578,924	567,181	550,582	555,877	551,105	556,334	561,657	566,931	570,689	571,763	571,953	566,266	559,845	545,546	533,754	521,451	504,443	498,998	0	0	0
Direct cost of services, primarily payroll and related taxes for services employees
430,672	435,627	440,875	446,560	450,735	449,052	430,993	408,074	385,290	366,983	360,712	362,086	363,123	363,377	364,340	366,355	365,692	365,832	365,882	362,227	367,115	360,084	356,587	351,359	341,202	343,067	340,490	342,040	343,344	346,186	350,233	352,524	355,725	352,730	346,483	335,071	323,405	313,682	305,067	303,768	0	0	0
Gross margin
276,256	282,747	281,791	282,439	279,911	274,510	260,508	246,055	233,668	223,405	220,496	221,325	224,183	226,864	229,230	232,166	229,128	229,041	229,600	228,362	231,443	224,367	222,337	215,822	209,380	212,810	210,615	214,294	218,313	220,745	220,456	219,239	216,228	213,536	213,362	210,475	210,349	207,769	199,376	195,230	0	0	0
Selling, general and administrative expenses
222,922	223,210	224,414	223,802	225,773	225,454	217,993	209,042	198,606	188,714	187,272	183,471	179,406	177,348	174,463	174,806	172,910	173,070	173,475	173,797	177,527	175,653	175,198	172,531	168,662	168,649	167,870	168,318	168,040	169,805	170,443	170,992	172,683	174,604	174,356	172,622	171,888	170,712	172,223	182,985	0	0	0
Employee portion of contingent consideration
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-
Contingent consideration adjustment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-25,852	21,864	0	0	-	0	-	-
Amortization of intangible assets
5,097	4,496	3,938	3,799	0	0	0	-	0	0	-	-	-	-	-	90	120	152	524	918	1,314	1,676	1,695	1,688	1,674	1,672	1,685	1,694	1,765	1,830	2,582	3,364	4,087	4,824	4,948	5,030	5,129	5,265	4,393	3,496	0	0	0
Depreciation expense
5,163	5,206	4,979	4,679	4,544	4,470	4,220	4,091	3,917	3,737	3,598	3,452	3,372	3,330	3,403	3,467	3,453	3,425	3,393	3,389	3,423	3,461	3,521	3,628	3,839	4,087	4,350	4,580	4,787	5,074	5,373	5,731	6,179	6,528	6,927	7,223	7,497	7,888	8,189	8,544	0	0	0
Income from operations
43,074	49,835	48,460	50,159	45,767	40,703	35,042	30,624	29,819	30,632	29,626	34,402	41,405	46,156	51,304	53,803	52,645	52,394	52,208	50,258	49,179	43,577	41,923	37,975	35,205	38,402	36,710	39,702	43,721	44,036	75,998	73,092	70,419	64,959	54,270	51,452	47,283	44,325	11,292	-1,787	0	0	0
Interest expense
1,987	2,089	2,146	2,190	2,188	2,135	1,924	1,735	1,627	1,149	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other (income)/expense
-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest income
-	-	-	-	-	-	-	-	112	94	102	-	194	230	224	186	152	137	142	148	159	163	167	168	163	159	166	175	183	197	212	252	311	384	433	473	498	552	605	656	0	0	0
Income before income tax (benefit) expense
41,624	48,283	46,314	47,969	43,485	38,508	33,090	28,889	28,297	29,283	28,618	33,773	41,184	46,322	51,528	53,989	52,797	52,531	52,350	50,406	49,338	43,740	42,090	38,143	35,368	38,561	36,876	39,877	43,904	44,233	76,210	73,344	70,730	65,343	54,703	51,925	47,781	44,877	11,897	-1,131	0	0	0
Income tax (benefit) expense
8,037	15,842	15,646	16,499	17,403	13,627	10,635	10,063	9,015	11,712	13,493	15,122	18,293	20,358	22,580	23,546	22,923	22,625	23,104	22,898	23,079	21,191	20,462	18,257	17,026	18,005	17,551	19,373	19,821	20,312	32,832	32,202	33,081	31,272	28,482	27,070	26,013	28,827	15,230	10,618	0	0	0
Net income
33,587	32,441	30,668	31,470	26,082	24,881	22,455	18,826	19,282	17,571	15,125	18,651	22,891	25,964	28,948	30,443	29,874	29,906	29,246	27,508	26,259	22,549	21,628	19,886	18,342	20,556	19,325	20,504	24,083	23,921	43,378	41,142	37,649	34,071	26,221	24,855	21,768	16,050	-3,333	-11,749	0	0	0
Net income per common share:
Basic (per share)
0.22	0.39	0.16	0.31	0.18	0.33	0.18	0.12	0.15	0.27	0.07	0.15	0.10	0.16	0.16	0.24	0.16	0.23	0.19	0.22	0.16	0.21	0.14	0.18	0.06	0.18	0.09	0.13	0.11	0.14	0.12	0.20	0.10	0.58	0.06	0.11	0.02	0.38	0.03	0.05	-0.11	-0.04	-0.16
Diluted (per share)
0.21	0.38	0.15	0.29	0.18	0.33	0.18	0.12	0.14	0.27	0.07	0.16	0.09	0.16	0.15	0.23	0.16	0.23	0.19	0.21	0.16	0.21	0.14	0.18	0.06	0.18	0.09	0.13	0.11	0.14	0.12	0.20	0.10	0.58	0.06	0.10	0.02	0.38	0.03	0.05	-0.11	-0.04	-0.16
Weighted average common shares outstanding:
Basic (shares)
32,159	31,984	31,788	31,031	31,890	31,721	31,742	31,542	31,440	30,173	29,809	29,655	29,764	35,716	36,269	36,589	37,073	37,191	37,295	37,486	37,724	37,910	38,180	38,530	39,027	39,481	39,826	40,481	40,939	41,292	41,720	42,288	42,943	43,760	45,173	45,959	46,226	46,048	46,263	46,340	46,394	45,540	45,302
Diluted (shares)
32,498	32,369	32,267	31,544	32,370	32,446	32,468	32,136	32,066	30,579	30,059	30,235	30,584	36,248	36,817	37,102	37,615	37,868	37,847	38,091	38,288	38,278	38,335	38,671	39,158	39,555	39,844	40,493	40,978	41,359	41,774	42,373	43,002	43,797	45,224	46,324	46,938	46,283	46,411	46,340	46,394	45,540	45,302
Cash dividends declared per common share
0.14	0.14	0.14	0.13	0.13	0.13	0.13	0.12	0.12	0.12	0.12	0.11	0.11	0.11	0.11	0.10	0.10	0.10	0.10	0.08	0.08	0.08	0.08	0.07	0.07	0.07	0.07	0.06	0.06	0.06	0.06	0.05	0.05	0.05	0.05	0.04	0.04	0.04	0.04	-	-	-	-