SS&C TECHNOLOGIES HOLDINGS, INC. SSNC Income Statement

Ss&c technologies holdings, inc. (SSNC)

Income statement / Quarterly

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	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Sep'10	Jun'10
Revenues:
Total recurring revenues
-	-	-	-	-	-	-	-	-	-	-	-	-	-	355,697	348,064	300,767	273,109	260,841	189,101	193,541	-	177,035	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Perpetual licenses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	4,389	5,039	5,215	8,941	6,508	12,948	3,070	-	-	9,866	7,499	-1,673	8,184	6,626	6,070	7,003	5,885	5,768	3,810	6,166	5,786	4,982	6,573	5,966	6,074
Maintenance
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	25,691	25,526	-	26,178	25,410	26,015	25,767	25,519	22,976	19,498	19,807	19,594	19,418	19,447	18,294	17,817
Professional services
-	-	-	-	-	-	-	-	-	-	-	-	-	-	23,218	19,974	18,149	18,838	13,545	10,719	9,124	-	-	7,618	7,402	8,253	7,020	7,374	5,394	7,577	8,553	7,217	5,792	6,233	5,688	5,860	5,267	4,896	5,099
Total non-recurring revenues
-	-	-	-	-	-	-	-	-	-	-	-	-	-	27,607	25,013	23,364	27,779	20,053	23,667	12,194	-	15,563	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total revenues
1,173,600	1,203,500	1,144,200	1,148,000	1,137,200	1,111,000	992,400	895,800	421,900	438,401	418,200	411,000	407,699	400,888	383,304	373,077	324,131	300,888	280,894	212,768	205,735	200,731	192,598	188,722	185,810	182,522	179,505	177,457	173,218	171,755	165,562	120,850	93,675	95,695	94,323	91,803	89,007	83,003	81,618
Cost of revenues:
Total recurring cost of revenues
-	-	-	-	-	-	-	-	-	-	-	-	-	-	188,532	192,703	160,674	144,062	139,542	100,886	102,769	-	94,991	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Perpetual licenses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	608	643	498	35	1,036	1,021	1,024	-	-	806	851	1,225	1,286	1,348	1,274	1,727	1,764	1,543	1,302	1,736	1,714	1,700	1,675	1,918	1,908
Maintenance
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	10,077	9,931	-	10,150	10,283	10,520	11,056	10,883	9,789	8,666	8,797	8,729	8,801	8,666	8,224	8,084
Professional services
-	-	-	-	-	-	-	-	-	-	-	-	-	-	18,887	17,133	15,512	14,579	11,286	7,596	8,514	-	-	5,310	5,026	5,044	4,884	4,885	4,920	5,170	5,126	4,705	3,972	4,110	3,888	3,981	3,570	3,625	3,260
Total non-recurring cost of revenues
-	-	-	-	-	-	-	-	-	-	-	-	-	-	19,495	17,776	16,010	14,614	12,322	8,617	9,538	-	6,392	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total cost of revenues
665,600	658,000	642,700	649,100	661,900	638,000	580,100	603,500	229,500	225,441	219,800	223,700	217,459	205,310	208,027	210,479	176,684	158,676	151,864	109,503	112,307	105,616	101,383	102,233	101,499	98,403	96,195	96,761	97,441	96,227	93,738	63,100	46,852	47,677	46,479	45,637	44,495	42,337	40,940
Gross profit
508,000	545,500	501,500	498,900	475,300	473,000	412,300	292,300	192,400	212,960	198,400	187,300	190,240	195,578	175,277	162,598	147,447	142,212	129,030	103,265	93,428	95,115	91,215	86,489	84,311	84,119	83,310	80,696	75,777	75,528	71,824	57,750	46,823	48,018	47,844	46,166	44,512	40,666	40,678
Operating expenses:
Selling and marketing
91,400	92,600	88,000	86,300	87,000	74,700	50,900	54,200	31,200	29,958	28,100	30,200	30,242	31,376	27,328	28,535	29,861	30,550	37,082	13,931	13,387	12,910	11,581	12,203	11,898	11,009	10,849	10,563	9,464	9,230	8,970	8,286	7,372	7,676	7,308	7,018	6,890	6,275	6,483
Research and development
104,900	100,400	94,900	93,600	94,800	104,000	85,700	89,600	38,900	38,351	37,400	39,100	38,449	37,725	37,701	40,827	36,447	35,898	37,389	17,520	19,608	15,826	13,935	13,939	13,587	13,304	13,117	13,639	13,802	13,301	13,193	10,646	8,639	9,297	9,328	9,053	7,972	7,867	7,860
General and administrative
92,900	91,200	91,000	95,500	91,500	80,600	93,200	108,100	32,000	30,668	29,000	28,100	31,832	31,261	33,345	27,199	30,695	27,462	39,607	13,463	17,300	12,784	11,336	14,958	11,801	11,990	11,480	11,202	10,515	10,270	11,668	8,271	4,588	7,360	7,118	7,200	6,543	6,939	6,546
Transaction expenses
-	-	-	-	-	1,400	1,900	91,100	3,400	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-47	748	9,421	4,153	-	-	-	-	-	-
Total operating expenses
289,200	284,200	273,900	275,400	273,300	260,700	231,700	343,000	105,500	99,577	94,500	97,400	100,523	100,362	98,374	96,561	97,003	93,910	114,078	44,914	50,295	41,520	36,852	41,100	37,286	36,303	35,446	35,404	33,781	32,754	34,579	36,624	24,752	24,333	23,754	23,271	21,405	21,081	20,889
Operating income
218,800	261,300	227,600	223,500	202,000	212,300	180,600	-50,700	86,900	113,383	103,900	89,900	89,717	95,216	76,903	66,037	50,444	48,302	14,952	58,351	43,133	53,595	54,363	45,389	47,025	47,816	47,864	45,292	41,996	42,774	37,245	21,126	22,071	23,685	24,090	22,895	23,107	19,585	19,789
Interest expense, net
-77,400	714,000	-98,500	-104,300	-101,600	453,700	-78,100	-70,200	-25,300	190,220	-26,300	-26,300	-29,020	227,483	-31,648	-32,846	-33,089	111,797	-32,645	-5,419	5,600	7,439	6,071	6,569	7,098	9,070	9,036	11,784	12,505	14,158	13,726	4,485	549	2,932	3,215	3,474	5,127	6,743	8,058
Other (expense) income, net
-15,300	-1,400	-10,300	33,900	3,500	-6,500	13,700	600	400	-729	-2,500	-1,200	-71	2,580	2,655	12	-1,847	-1,404	6,953	-164	-1,507	1,967	1,532	-59	-686	1,092	-110	2,370	146	350	-1,808	-18,543	4,126	-603	348	119	-287	653	115
Equity in earnings of unconsolidated affiliates, net
700	-	-100	2,200	-	-	1,700	1,100	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss on extinguishment of debt
-2,800	0	0	0	-7,100	-	-	-44,400	-	0	0	26	-2,326	-	-	-	-	-	-30,417	-	-	-	-	-	-	-	-	-	-	-	-	-4,355	-	-1,906	0	0	-2,881	-	-5,480
Income before income taxes
124,000	160,900	118,700	155,300	96,800	108,800	117,900	-163,600	62,000	86,900	75,100	62,400	58,300	66,979	47,910	33,203	15,508	13,205	-41,157	52,768	36,026	49,828	49,824	38,761	39,241	40,954	38,718	35,878	29,637	29,383	21,711	-6,257	25,648	18,364	21,223	19,540	14,812	13,495	6,366
Provision for income taxes
24,800	19,300	23,700	34,200	16,000	50,200	60,900	-99,900	10,700	-78,553	10,900	11,300	10,153	9,952	9,163	4,982	8,503	1,107	-6,547	13,640	9,780	13,221	8,997	11,516	12,793	14,073	-4,748	9,759	8,208	13,301	4,096	-497	7,765	5,104	6,324	6,512	4,978	3,641	2,004
Net income
99,200	141,600	95,000	121,100	80,800	58,600	57,000	-63,700	51,300	165,453	64,200	51,100	48,147	57,027	38,747	28,221	7,005	12,098	-34,610	39,128	26,246	36,607	40,827	27,245	26,448	26,881	43,466	26,119	21,429	16,082	17,615	-5,760	17,883	13,260	14,899	13,028	9,834	9,854	4,362
Basic earnings per share
0.39	0.55	0.38	0.48	0.32	0.22	0.24	-0.27	0.25	0.80	0.31	0.25	0.24	0.28	0.19	0.14	0.04	-0.12	-0.18	0.23	0.31	-0.35	0.49	0.33	0.32	0.33	0.53	0.32	0.27	0.21	0.22	-0.07	0.23	0.18	0.19	0.17	0.13	0.14	0.06
Diluted earnings per share
0.37	0.54	0.36	0.45	0.31	0.22	0.23	-0.27	0.24	0.78	0.30	0.24	0.23	0.28	0.19	0.14	0.03	-0.12	-0.18	0.22	0.30	-0.33	0.47	0.31	0.30	0.30	0.51	0.31	0.26	0.19	0.21	-0.07	0.22	0.17	0.18	0.16	0.12	0.13	0.06
Basic weighted average number of common shares outstanding
255,300	253,500	253,300	253,300	251,500	246,200	239,900	236,900	207,000	206,024	205,600	204,600	203,376	203,133	201,782	198,765	197,520	280,005	193,706	170,810	84,263	417,140	83,532	83,118	82,722	82,470	81,784	81,186	79,340	78,920	78,548	78,098	77,718	77,514	77,315	76,724	74,375	71,889	70,960
Diluted weighted average number of common and common equivalent shares outstanding
265,600	264,200	262,700	266,200	263,700	267,600	252,600	236,900	217,700	212,996	212,400	211,300	209,704	207,387	206,635	204,916	204,262	302,318	193,706	179,104	88,456	437,264	87,392	87,091	86,901	87,346	86,068	85,280	83,770	88,245	83,202	78,098	82,007	82,534	80,730	80,880	78,692	75,441	74,538
Cash dividends declared and paid per common share
-	-	-	-	-	-	-	-	-	-	0.07	0.06	0.06	0.06	0.06	0.06	0.06	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income
99,200	141,600	95,000	121,100	80,800	58,600	57,000	-63,700	51,300	165,453	64,200	51,100	48,147	57,027	38,747	28,221	7,005	12,098	-34,610	39,128	26,246	36,607	40,827	27,245	26,448	26,881	43,466	26,119	21,429	16,082	17,615	-5,760	17,883	13,260	14,899	13,028	9,834	9,854	4,362
Other comprehensive (loss) income, net of tax:
Change in unrealized loss on interest rate swaps
-2,400	-	-500	-2,800	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Foreign currency exchange translation adjustment
-150,700	124,600	-62,600	-11,000	41,800	-175,700	-54,200	-35,700	5,300	4,721	19,900	21,000	10,779	-26,368	-12,060	-26,793	9,321	-16,633	-38,005	22,808	-36,219	-23,261	-31,850	15,922	-6,306	-1,741	21,807	-13,830	-27,380	-2,014	24,649	-3,328	6,798	7,250	-24,656	2,139	7,981	-	-
Total other comprehensive (loss) income, net of tax
-153,100	125,100	-63,100	-13,800	41,800	-175,700	-54,200	-35,700	5,300	4,721	19,900	21,000	10,779	-26,368	-12,060	-26,793	9,321	-16,633	-38,005	22,808	-36,219	-23,261	-31,850	15,922	-6,306	-1,741	21,807	-13,830	-27,380	-2,014	24,649	-3,328	6,798	7,250	-24,656	2,139	7,981	-	-
Comprehensive (loss) income
-53,900	266,700	31,900	107,300	122,600	-117,100	2,800	-99,400	56,600	170,174	84,100	72,100	58,926	30,659	26,687	1,428	16,326	-4,535	-72,615	61,936	-9,973	13,346	8,977	43,167	20,142	25,140	65,273	12,289	-5,951	14,068	42,264	-9,088	24,681	20,510	-9,757	15,167	17,815	-	-
Software-enabled Services [Member]
Total revenues
989,500	974,500	960,000	962,700	972,000	935,200	827,300	741,600	294,800	282,948	282,100	272,500	276,452	257,709	248,772	244,672	205,647	185,736	180,744	150,123	153,567	-	-	145,547	145,383	140,656	138,123	138,047	135,739	131,408	125,605	84,889	64,575	63,489	63,255	61,543	57,720	53,847	52,628
Total cost of revenues
583,500	577,800	567,900	573,100	586,900	559,900	502,700	523,000	167,400	159,694	155,500	158,900	154,006	141,355	143,074	146,243	113,728	100,093	96,151	88,548	88,602	-	-	86,040	85,691	81,872	79,875	80,245	80,727	78,274	75,965	47,063	32,912	33,034	32,148	31,155	30,584	28,570	27,688
License, Maintenance and Related [Member]
Total revenues
184,100	229,000	184,200	185,300	165,200	175,800	165,100	154,200	127,100	155,453	136,100	138,500	131,247	219,163	106,925	103,392	95,120	87,373	80,097	38,978	39,974	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total cost of revenues
82,100	80,200	74,800	76,000	75,000	78,100	77,400	80,500	62,100	65,747	64,300	64,800	63,453	117,236	45,458	46,460	46,946	43,969	43,391	12,338	14,167	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-