TTEC Holdings, Inc. TTEC Income Statement

Ttec holdings, inc. (TTEC)

Income statement / TTM

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	Dec'10	Sep'10	Jun'10	Mar'10
Revenue.
1,681,561	1,643,704	1,601,511	1,570,940	1,528,278	1,509,171	1,516,661	1,510,761	1,514,337	1,477,365	1,395,689	1,349,449	1,301,125	1,275,258	1,272,127	1,268,526	1,273,644	1,286,755	1,283,109	1,279,814	1,265,081	1,241,781	1,221,698	1,212,793	1,206,995	1,193,157	1,170,331	1,159,604	1,158,710	1,162,981	1,168,258	1,186,225	1,191,063	1,179,388	1,159,298	1,126,068	1,104,359	1,094,906	0	0	0
Operating expenses
Cost of services (exclusive of depreciation and amortization presented separately below)
1,271,110	1,242,887	1,210,565	1,192,868	1,167,891	1,157,927	1,157,173	1,145,796	1,139,540	1,110,068	1,047,393	1,005,386	964,150	941,592	937,317	929,754	926,603	928,247	922,725	916,991	905,689	886,492	867,288	855,692	852,186	846,631	837,710	830,828	831,140	834,803	840,870	859,899	861,136	848,362	833,163	806,364	794,200	789,697	0	0	0
Selling, general and administrative
202,654	202,540	196,463	191,722	185,103	182,428	184,553	186,399	186,139	182,314	177,267	172,728	173,517	175,797	179,477	187,267	189,869	194,606	196,568	197,997	198,423	198,553	199,359	199,677	198,043	193,423	187,025	180,705	180,246	182,634	187,962	187,562	189,136	188,802	180,620	177,747	170,205	165,812	0	0	0
Depreciation and amortization
71,215	69,086	67,579	68,237	67,998	69,179	69,286	68,484	67,931	64,507	64,187	64,483	65,446	68,675	69,040	67,715	66,174	63,808	61,915	60,322	58,731	56,538	53,935	51,505	48,679	46,064	43,407	42,639	41,605	41,166	41,101	42,213	43,407	44,889	46,924	47,569	49,092	50,218	0	0	0
Restructuring charges, net
1,324	1,747	3,104	5,637	6,243	6,131	9,496	12,786	15,345	14,665	10,270	7,952	4,473	4,392	4,075	1,009	1,093	1,814	3,229	3,200	3,619	3,350	2,004	2,169	4,124	4,435	6,362	8,044	21,768	22,875	22,047	21,223	4,870	3,651	9,422	11,385	12,746	13,476	0	0	0
Impairment losses
2,925	3,735	3,901	3,901	1,838	1,452	0	0	0	-	-	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	0	0	-	2,958	2,958	2,797	1,800	230	1,182	1,509	2,188	1,958	0	0	0
Total operating expenses
1,549,228	1,519,995	1,481,612	1,462,365	1,429,073	1,417,117	1,426,950	1,419,907	1,415,397	1,376,876	1,325,565	1,282,599	1,239,636	1,222,506	1,200,545	1,193,845	1,191,839	1,196,575	1,187,876	1,178,883	1,166,835	1,145,306	1,122,586	1,109,043	1,104,237	1,091,758	1,075,709	1,063,582	1,075,917	1,084,436	1,094,938	1,113,694	1,100,349	1,085,934	1,071,311	1,044,574	1,028,431	1,021,161	0	0	0
Income from operations
132,333	123,709	119,899	108,575	99,205	92,054	89,711	90,854	98,940	100,489	70,124	66,850	61,489	52,752	71,582	74,681	81,805	90,180	95,233	100,931	98,246	96,475	99,112	103,750	102,758	101,399	94,622	96,022	82,793	78,545	73,320	72,531	90,714	93,454	87,987	81,494	75,928	73,745	0	0	0
Other income (expense)
Interest income
1,937	1,913	1,827	2,706	3,748	4,476	4,761	4,259	3,483	2,841	2,428	1,926	1,494	1,234	1,039	838	939	1,090	1,101	1,447	1,575	1,769	1,923	2,319	2,402	2,560	2,925	2,767	2,887	2,978	3,017	3,133	3,158	3,064	2,780	2,455	2,221	2,129	0	0	0
Interest expense
23,417	19,113	19,577	23,946	27,503	28,674	27,669	22,728	17,875	13,734	10,884	9,456	8,297	7,943	7,585	7,881	7,804	7,538	7,460	6,769	6,954	6,946	7,143	7,296	7,338	7,513	7,453	7,783	7,463	6,696	6,114	5,128	4,836	5,118	4,763	4,316	3,724	3,161	0	0	0
Deconsolidation, Gain (Loss), Amount
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-
Other income (expense), net
6,500	3,902	4,544	2,820	696	-11,618	-6,370	-6,162	0	-	0	0	-	6,855	-6,464	-64	1,986	2,157	4,796	4,898	7,853	9,161	3,273	3,452	1,087	-722	765	435	-2,031	-965	574	91	-32	154	612	8,418	9,668	9,256	0	0	0
Loss on assets held-for-sale
-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non-cash loss on assets held-for-sale
-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total other income (expense)
-14,980	-13,298	-13,206	-18,420	-23,059	-35,816	-37,798	-29,932	-27,577	-11,602	-2,994	-5,530	-2,066	-2,454	-3,334	-4,639	-3,923	-4,291	-1,563	-424	2,474	3,984	-1,947	-1,525	-7,504	-9,330	-7,418	-8,236	-6,607	-4,683	-2,523	-1,904	-1,710	-1,900	-1,371	6,557	8,165	8,224	0	0	0
Income before income taxes
117,353	110,411	106,693	90,155	76,146	56,238	51,913	60,922	71,363	88,887	67,130	61,320	59,423	50,298	68,248	70,042	77,882	85,889	93,670	100,507	100,720	100,459	97,165	102,225	95,254	92,069	87,204	87,786	76,186	73,862	70,797	70,627	89,004	91,554	86,616	88,051	84,093	81,969	0	0	0
Benefit from (provision for) income taxes
28,410	25,677	31,842	28,539	21,847	16,483	73,664	73,842	74,786	78,075	15,255	12,371	13,726	12,863	13,233	15,238	20,127	20,004	22,409	26,995	24,571	23,042	22,066	22,646	21,083	20,598	15,572	5,603	477	-61	767	3,882	5,283	13,279	20,202	28,284	33,226	28,431	0	0	0
Net income
88,943	84,734	74,851	61,616	54,299	39,755	-21,751	-12,920	-3,423	10,812	51,875	48,949	45,697	37,435	55,015	54,804	57,755	65,885	71,261	73,512	76,149	77,417	75,099	79,579	74,171	71,471	71,632	82,183	75,709	73,923	70,030	66,745	83,721	78,275	66,414	59,767	50,867	53,538	0	0	0
Net income attributable to noncontrolling interest
9,247	7,570	5,617	5,108	4,071	3,938	4,217	3,654	3,975	3,556	3,781	4,173	3,999	3,757	3,720	3,765	3,636	4,219	4,632	4,831	5,302	5,124	5,303	5,387	4,526	4,083	3,331	3,096	3,614	3,908	4,284	4,057	4,139	4,101	3,838	3,892	3,807	3,664	0	0	0
Net income (loss) attributable to TTEC stockholders
79,696	77,164	69,234	56,508	50,228	35,817	-25,968	-16,574	-7,398	7,256	48,094	44,776	41,698	33,678	51,295	51,039	54,119	61,666	66,629	68,681	70,847	72,293	69,796	74,192	69,645	67,388	68,301	79,087	72,095	70,015	65,746	62,688	79,582	74,174	62,576	55,875	47,060	49,874	0	0	0
Other comprehensive income (loss)
Foreign currency translation adjustments
-24,629	6,816	-5,001	1,882	-23,152	-30,382	-28,268	-27,166	-3,542	8,285	-4,572	-11,960	-24,783	-21,055	-6,927	-20,383	-16,961	-38,200	-51,089	-45,752	-32,680	-23,120	-19,524	-4,572	-31,199	-26,342	-16,122	-7,056	7,031	12,648	7,669	-16,301	-8,936	-12,596	0	0	0	-	-	-	-
Derivative valuation, gross
2,261	16,990	16,364	22,572	14,471	11,526	9,897	5,655	15,191	27,931	19,270	10,040	-3,442	-7,838	-430	-5,847	-4,544	-15,768	-29,658	-37,140	-14,698	-16,970	-12,659	4,809	-36,772	-29,465	-18,235	-9,535	16,985	25,266	17,897	3,533	-7,379	-21,337	0	0	0	-	-	-	-
Derivative valuation, tax effect
665	4,530	4,416	6,078	3,935	4,058	3,911	3,184	6,735	11,284	8,512	4,762	-639	-2,330	313	-2,153	-1,635	-7,228	-12,962	-15,709	-7,089	-6,978	-5,216	2,047	-14,146	-11,554	-7,245	-3,927	6,491	9,855	7,255	1,079	-2,991	-8,395	0	0	0	-	-	-	-
Other, net of tax
-714	-786	45	111	255	308	36	60	84	105	-95	580	675	721	633	54	63	-2,707	-1,866	-1,841	-1,795	1,076	951	855	712	598	73	219	344	527	-84	-269	-420	-655	0	0	0	-	-	-	-
Total other comprehensive income (loss)
-23,747	18,490	6,992	18,487	-12,361	-22,606	-22,246	-24,635	4,998	25,037	6,091	-6,102	-26,911	-25,842	-7,037	-24,023	-19,807	-49,447	-69,651	-69,024	-42,084	-32,036	-26,016	-955	-53,113	-43,655	-27,039	-12,445	17,869	28,586	18,227	-14,116	-13,744	-26,193	0	0	0	-	-	-	-
Total comprehensive income (loss)
65,196	103,224	81,843	80,103	41,938	17,149	-43,997	-37,555	1,575	35,849	57,966	42,847	18,786	11,593	47,978	30,781	37,948	16,438	1,610	4,488	34,065	45,381	49,083	78,624	21,058	27,816	44,593	69,738	93,578	102,509	88,257	52,629	69,977	52,082	0	0	0	-	-	-	-
Less: Comprehensive income attributable to noncontrolling interest
7,895	7,698	5,336	4,956	3,685	3,624	4,051	3,637	4,361	3,933	3,933	4,236	3,788	3,514	3,317	3,021	2,960	3,026	3,394	3,541	3,977	4,163	4,736	5,325	4,435	3,995	3,245	2,960	3,643	4,039	4,377	3,717	3,713	3,716	0	0	0	-	-	-	-
Comprehensive income (loss) attributable to TTEC stockholders
57,301	95,526	76,507	75,147	38,253	13,525	-48,048	-41,192	-2,786	31,916	54,033	38,611	14,998	8,079	44,661	27,760	34,988	13,412	-1,784	947	30,088	41,218	44,347	73,299	16,623	23,821	41,348	66,778	89,935	98,470	83,880	48,912	66,264	48,366	0	0	0	-	-	-	-
Weighted average shares outstanding
Basic
46,498	46,487	46,481	46,318	46,203	46,193	46,172	46,016	45,871	45,854	45,838	45,662	45,950	46,370	47,081	47,873	48,368	48,440	48,345	48,325	48,370	48,699	49,093	49,351	50,045	50,412	50,732	51,861	52,347	53,241	54,093	55,125	56,493	56,297	56,476	56,713	57,190	181,513	59,808	61	61
Diluted
46,813	46,831	46,768	46,684	46,590	46,390	46,316	46,401	46,452	46,696	46,367	46,150	46,315	46,662	47,315	48,221	48,746	48,886	48,936	49,064	49,158	49,384	49,940	50,111	50,973	51,453	51,678	52,628	53,217	54,125	54,905	55,712	57,418	57,333	57,748	57,974	58,797	186,014	61,028	62	63
Net income per share attributable to TTEC stockholders
Basic
0.46	0.61	0.39	0.25	0.41	0.44	0.12	0.12	0.10	-0.90	0.32	0.32	0.42	0.00	0.24	0.24	0.23	0.35	0.23	0.30	0.39	0.46	0.27	0.34	0.40	0.38	0.35	0.24	0.34	0.37	0.53	0.10	0.28	0.29	0.45	0.39	0.18	0.09	0.31	0.22	0.21
Diluted
0.46	0.60	0.39	0.25	0.41	0.44	0.12	0.12	0.10	-0.90	0.32	0.32	0.42	0.00	0.24	0.24	0.23	0.35	0.23	0.30	0.38	0.43	0.27	0.34	0.40	0.38	0.34	0.23	0.34	0.36	0.52	0.10	0.28	0.28	0.44	0.38	0.18	0.07	0.31	0.22	0.21
Dividends declared per share outstanding
0.34	-	0.32	0.00	0.30	-	0.28	0.00	0.27	-	0.25	0.00	0.22	-	0.20	0.00	0.18	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-