Stamps.com Inc STMP Income Statement

Stamps.com inc (STMP)

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:
Revenues
151,346	160,902	136,172	138,773	136,003	170,231	143,507	139,627	133,565	132,467	115,062	116,140	105,040	105,896	92,559	84,013	81,837	69,876	51,669	48,360	44,052	41,853	37,834	34,284	33,298	32,364	31,245	32,109	32,101	30,070	29,071	28,227	28,293	27,220	24,918	26,630	22,817	20,689	21,189
Cost of revenues (exclusive of amortization of intangible assets, which is included in general and administrative expense):
Total cost of revenues
40,380	44,234	38,202	36,441	36,339	38,816	33,124	29,442	25,527	20,865	21,534	19,089	17,738	17,903	16,727	13,720	14,622	13,183	11,189	9,938	9,625	9,301	8,544	7,616	7,445	6,176	6,584	7,088	7,652	7,362	6,493	6,638	7,263	6,981	6,322	6,685	6,224	5,504	5,824
Gross profit
110,966	116,668	97,970	102,332	99,664	131,415	110,383	110,185	108,038	111,602	93,528	97,051	87,302	87,993	75,832	70,293	67,215	56,693	40,480	38,422	34,427	32,552	29,290	26,668	25,853	26,188	24,661	25,021	24,449	22,708	22,578	21,589	21,030	20,239	18,596	19,945	16,593	15,185	15,365
Operating expenses:
Sales and marketing
37,004	35,045	33,058	33,242	32,881	33,800	26,743	25,789	25,748	25,204	20,588	22,280	23,150	19,122	18,229	20,082	21,397	18,246	11,341	12,536	14,021	12,110	9,516	10,663	11,370	10,179	9,095	9,792	10,383	9,958	8,915	9,775	10,107	9,490	8,323	8,480	8,276	6,978	7,622
Research and development
21,323	21,316	20,281	19,130	17,314	17,746	14,432	12,340	12,073	12,021	12,037	11,628	10,522	9,579	9,111	8,131	8,337	6,991	4,758	4,680	4,282	3,950	3,407	3,036	2,916	2,771	2,844	2,718	2,625	2,406	2,625	2,555	2,657	2,379	2,411	2,332	2,273	2,205	2,219
General and administrative
28,468	28,061	28,980	27,535	26,228	25,832	24,916	25,187	21,016	22,874	25,243	21,451	18,982	17,849	16,901	17,113	15,262	12,395	9,470	12,763	7,771	9,409	6,191	5,350	4,197	4,241	3,961	3,966	3,626	3,517	3,953	3,435	3,845	3,787	3,428	3,506	3,460	3,410	3,524
Contingent consideration charges
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	20,061	1,920	13,595	10,512	7,578	860	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Litigation settlement
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-10,000	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	0	5,211
Total operating expenses
86,795	84,422	82,319	79,907	76,423	77,378	66,091	63,316	58,837	60,099	57,868	55,359	52,654	46,550	44,241	45,326	44,996	57,693	27,489	53,574	36,586	33,047	19,974	19,049	18,483	17,191	15,900	16,476	16,634	15,881	15,493	15,765	16,609	15,656	14,162	14,318	14,009	12,593	18,576
Operating Income (Loss)
24,171	32,246	15,651	22,425	23,241	54,037	44,292	46,869	49,201	51,503	35,660	41,692	34,648	41,443	31,591	24,967	22,219	-1,000	12,991	-15,152	-2,159	-495	9,316	7,619	7,370	8,997	8,761	8,545	7,815	6,827	7,085	5,824	4,421	4,583	4,434	5,627	2,584	2,592	-3,211
Foreign Currency Transaction Gain (Loss), Realized
-138	-221	-38	-152	-95	-35	-957	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest Expense
467	565	589	645	714	687	668	650	590	890	967	932	880	904	828	905	915	397	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest income and other income (loss), net
26	35	53	52	65	-73	83	43	49	105	120	159	30	208	24	31	43	43	48	-14	69	79	71	89	136	139	92	95	154	132	122	163	124	128	133	145	156	219	230
Income before income taxes
23,592	31,495	15,077	21,680	22,497	53,242	42,750	46,262	48,660	50,718	34,813	40,919	33,798	40,747	30,787	24,093	21,347	-1,354	13,039	-15,166	-2,090	-416	9,387	7,708	7,506	9,136	8,853	8,640	7,969	6,959	7,207	5,987	4,545	4,711	4,567	5,772	2,740	2,811	-2,981
Income Tax Expense (Benefit)
7,100	11,220	5,900	7,700	6,700	10,618	9,300	738	1,616	10,518	-11,412	9,879	660	11,719	12,115	9,802	8,109	-1,283	5,765	-4,735	-1,120	-9,318	-85	-3,466	172	-9,735	90	27	63	-2,338	230	64	-11,815	-8,674	39	95	65	82	-3,922
Net Income (Loss) Attributable to Parent
16,494	20,334	9,148	13,992	15,755	42,661	33,413	45,524	47,044	40,200	46,225	31,040	33,138	29,028	18,672	14,291	13,238	-71	7,274	-10,431	-970	8,902	9,472	11,174	7,334	18,871	8,763	8,613	7,906	9,297	6,977	5,923	16,360	13,385	4,528	5,677	2,675	2,729	941
Earnings Per Share [Abstract]
Basic (in dollars per share)
0.97	1.19	0.53	0.81	0.90	2.35	1.84	2.53	2.67	2.31	2.71	1.83	1.96	1.70	1.08	0.82	0.76	0.00	0.44	-0.64	-0.06	0.55	0.60	0.70	0.45	1.18	0.55	0.56	0.52	0.60	0.43	0.36	1.01	0.89	0.31	0.40	0.18	0.19	0.07
Diluted (in dollars per share)
0.91	1.15	0.52	0.79	0.87	2.29	1.75	2.41	2.54	2.17	2.49	1.71	1.82	1.59	1.03	0.79	0.71	0.02	0.42	-0.64	-0.06	0.55	0.58	0.68	0.44	1.16	0.53	0.53	0.49	0.59	0.42	0.34	0.95	0.86	0.30	0.39	0.18	0.19	0.07
Weighted average shares outstanding:
Weighted Average Number of Shares Outstanding, Basic
17,064	17,058	17,144	17,291	17,547	17,988	18,161	18,015	17,644	17,491	17,073	16,930	16,902	17,021	17,218	17,384	17,357	16,648	16,538	16,402	16,156	15,948	15,881	15,993	16,222	16,134	15,816	15,486	15,328	15,495	16,103	16,468	16,250	30,176	14,556	14,321	14	14	14
Weighted Average Number of Shares Outstanding, Diluted
18,189	17,915	17,441	17,809	18,015	18,585	19,046	18,906	18,511	18,705	18,548	18,125	18,170	18,028	18,120	18,192	18,664	15,669	17,517	16,402	16,156	16,368	16,258	16,378	16,664	16,640	16,389	16,163	16,000	16,128	16,675	17,196	17,173	31,148	15,059	14,450	14	14	14
Service
Revenues
139,136	147,549	124,643	127,429	123,907	156,750	127,810	125,206	120,916	118,638	97,529	102,685	92,420	92,490	78,871	72,590	69,106	58,175	42,470	40,378	35,649	33,075	30,057	26,921	25,643	24,772	24,505	24,888	24,848	22,374	22,631	21,781	21,387	20,153	19,216	18,929	17,237	15,989	16,172
Total cost of revenues
36,527	38,989	34,040	32,452	32,235	33,560	25,102	22,610	20,649	14,647	11,882	12,726	12,676	11,945	9,903	8,857	9,294	8,192	6,809	6,695	6,271	5,746	5,123	4,449	4,369	3,019	3,833	4,015	4,555	3,932	3,720	3,829	4,239	3,819	3,704	3,617	3,580	3,208	3,253
Product
Revenues
5,956	5,188	5,116	4,785	5,405	5,148	4,705	4,892	5,679	5,414	4,824	4,763	5,714	5,125	4,703	4,851	5,555	5,077	4,193	4,270	4,743	4,440	3,875	3,955	4,613	4,144	3,885	4,075	4,476	3,834	3,495	3,452	3,929	3,697	3,194	3,209	3,365	2,736	2,809
Total cost of revenues
1,738	1,525	1,602	1,549	1,673	1,539	1,383	1,480	1,751	1,688	1,535	1,593	1,802	1,676	1,579	1,642	1,798	1,571	1,364	1,435	1,601	1,397	1,285	1,292	1,542	1,372	1,315	1,382	1,625	1,426	1,271	1,278	1,460	1,324	1,146	1,148	1,292	993	1,081
Insurance
Revenues
3,180	3,231	3,106	3,431	3,334	3,505	4,023	4,293	4,368	4,453	4,099	4,393	4,440	4,657	4,050	4,082	4,511	3,926	2,513	2,631	2,662	2,817	2,360	2,047	1,993	1,998	1,854	1,917	1,746	1,982	1,774	1,702	1,662	1,462	1,085	941	833	496	392
Total cost of revenues
-	-	0	0	-	0	933	1,014	998	1,090	966	1,213	1,368	1,512	1,291	1,266	1,363	1,238	896	927	923	962	843	717	688	709	659	676	641	664	573	562	535	508	378	358	262	158	118
Customized postage
Revenues
3,074	4,934	3,307	3,128	3,357	4,828	6,957	5,218	2,580	3,938	8,588	4,276	2,442	3,599	4,912	2,467	2,637	2,684	2,484	1,072	989	1,510	1,532	1,359	1,049	1,450	1,001	1,229	1,030	1,880	1,170	1,289	1,312	1,907	1,422	3,548	1,381	1,449	1,816
Total cost of revenues
2,115	3,720	2,560	2,440	2,431	3,717	5,706	4,338	2,129	3,440	7,151	3,557	1,892	2,770	3,954	1,955	2,167	2,182	2,120	881	830	1,196	1,293	1,158	846	1,076	777	1,015	831	1,340	929	969	1,029	1,330	1,094	1,562	1,090	1,145	1,372
Other
Revenues
-	-	0	0	-	0	12	18	22	24	22	23	24	25	23	23	28	14	9	9	9	11	10	2	0	0	0	0	1	0	1	3	3	1	1	3	1	19	0