Tyler technologies, inc. (TYL)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09
Revenues:
Total revenues

1,086,427

935,282

840,899

759,880

591,022

493,101

416,643

363,304

309,391

288,628

290,286

Cost of revenues:
Total cost of revenues

569,527

495,704

441,522

400,692

313,835

259,730

223,440

195,602

167,479

160,311

161,523

Gross profit

516,900

439,578

399,377

359,188

277,187

233,371

193,203

167,702

141,912

128,317

128,763

Selling, general and administrative expenses

257,746

207,605

175,914

165,176

133,317

108,260

98,289

86,706

75,650

69,480

70,115

Research and development expense

81,300

63,300

47,300

43,200

29,922

25,743

23,269

20,140

16,414

13,971

11,159

Amortization of other intangibles

-

-

-

-

10,300

6,400

6,800

6,500

3,331

3,225

2,705

Amortization of customer and trade name intangibles

21,445

16,217

13,381

13,202

-

-

-

-

-

-

-

Operating income

156,367

152,492

162,758

137,656

108,043

94,822

67,128

56,577

46,517

41,641

44,784

Other income, net

3,471

3,378

698

-1,998

381

-355

-1,309

-2,709

-2,404

-1,742

146

Income before income taxes

159,838

155,870

163,456

135,658

108,424

94,467

65,819

53,868

44,113

39,899

44,638

Income tax (benefit) provision

13,311

8,408

-6,115

21,957

43,555

35,527

26,718

20,874

16,556

14,845

17,628

Net income

146,527

147,462

169,571

113,701

64,869

58,940

39,101

32,994

27,557

25,054

27,010

Earnings per common share:
Basic (usd per share)

3.79

3.84

4.55

3.12

1.90

1.79

1.23

1.09

0.88

0.74

0.77

Diluted (usd per share)

3.65

3.68

4.32

2.92

1.77

1.66

1.13

1.00

0.83

0.71

0.74

Unrealized gains on investment securities available-for-sale

-

-

-

-

-

-

341

134

-123

200

-

Income tax benefit related to components of other comprehensive income

-

-

-

-

-

-

119

47

-43

70

-

Other comprehensive income, net of tax

-

-

-

-

-

-

222

87

-80

130

-

Comprehensive income

-

-

-

-

-

-

39,323

33,081

27,477

25,184

-

Basic weighted average common shares outstanding

-

-

-

-

-

-

-

-

-

-

35,240

Diluted weighted average common shares outstanding

-

-

-

-

-

-

-

-

-

-

36,624

Software licenses and royalties
Total revenues

100,205

93,441

86,242

83,733

59,008

49,065

40,841

33,928

32,594

34,913

42,131

Total cost of revenues

3,938

3,802

3,321

2,964

1,632

1,900

2,377

1,983

3,034

3,456

5,440

Subscriptions
Total revenues

296,352

220,547

172,176

142,657

111,933

87,848

61,864

44,618

31,160

23,298

17,181

Software services
Total revenues

213,061

191,269

180,460

171,648

139,852

113,821

93,267

83,408

69,617

68,340

80,405

Maintenance
Total revenues

430,318

384,521

359,319

320,998

245,537

212,696

191,720

171,851

146,498

135,655

124,512

Appraisal services
Total revenues

23,479

21,846

25,023

26,287

25,065

21,802

20,825

22,543

23,228

20,554

18,740

Total cost of revenues

15,337

14,299

16,286

16,411

15,922

14,284

13,809

14,889

14,550

12,910

11,518

Hardware and other
Total revenues

23,012

23,658

17,679

14,557

9,627

7,869

8,126

6,956

6,294

5,868

7,317

Total cost of revenues

17,472

15,708

12,595

10,143

6,501

5,325

5,559

5,258

4,994

4,268

5,955

Acquired software
Total cost of revenues

30,642

22,972

21,686

22,235

4,440

1,858

2,078

1,888

1,125

1,592

1,411

Software services, maintenance and subscriptions
Total cost of revenues

502,138

438,923

387,634

348,939

285,340

236,363

199,617

171,584

143,776

138,085

137,199