Ultimate Software Group Inc ULTI Income Statement

Ultimate software group inc (ULTI)

Income statement / TTM

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
Revenues:
Recurring
1,048,404	997,066	944,738	893,217	848,906	802,300	764,131	728,097	691,429	654,199	619,371	584,114	550,042	516,400	488,167	463,761	441,462	419,771	397,242	375,124	353,770	334,434	317,496	299,757	283,639	266,430	250,160	237,344	224,710	213,785	202,677	192,042	181,405	170,905	0	0	0
Services
150,390	143,478	142,439	142,246	140,087	138,429	135,714	132,626	131,139	127,092	122,021	115,611	110,376	101,681	95,216	91,707	88,725	86,165	84,666	82,322	78,873	75,110	71,942	69,366	66,984	64,563	61,072	58,739	56,490	53,195	52,243	52,245	53,516	55,368	0	0	0
License
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	501	640	915	853	1,234	1,073	1,281	1,275	1,596	1,863	1,774	2,218	1,946	1,860	1,738	1,538	0	0	0
Total revenues
1,198,794	1,140,544	1,087,177	1,035,463	988,993	940,729	899,845	860,723	822,568	781,291	741,392	699,725	660,418	618,081	582,861	554,968	529,735	505,936	482,409	458,086	433,558	410,397	390,672	370,196	351,904	332,268	312,828	297,946	282,974	269,198	256,866	246,147	236,659	227,811	0	0	0
Cost of revenues:
Recurring
292,898	273,165	256,125	237,440	223,356	210,560	201,339	192,876	183,288	172,676	163,057	153,818	145,255	138,587	133,759	129,501	123,535	117,700	110,122	102,908	97,029	91,903	88,147	84,153	80,845	78,121	74,477	71,608	67,916	63,505	59,858	55,928	52,433	49,144	0	0	0
Services
163,508	158,569	154,086	149,651	145,417	143,140	140,700	136,633	134,260	127,433	121,197	114,155	108,434	99,948	94,266	90,767	88,183	85,939	84,523	81,930	78,923	76,577	74,936	72,455	69,268	66,063	61,055	57,674	54,935	52,341	52,038	50,818	50,591	49,843	0	0	0
License
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	88	118	180	198	270	235	282	280	362	423	403	488	439	378	328	255	0	0	0
Total cost of revenues
456,406	431,734	410,211	387,091	368,773	353,700	342,039	329,509	317,548	300,109	284,254	267,973	253,689	238,535	227,937	220,185	211,646	203,639	194,733	184,956	176,132	168,678	163,353	156,843	150,395	144,464	135,894	129,705	123,254	116,334	112,335	107,124	103,352	99,242	0	0	0
Gross profit
742,388	708,810	676,966	648,372	620,220	587,029	557,806	531,214	505,020	481,182	457,138	431,752	406,729	379,546	354,924	334,783	318,089	302,297	287,676	273,130	257,426	241,719	227,319	213,353	201,509	187,804	176,934	168,241	159,720	152,864	144,531	139,023	133,307	128,569	0	0	0
Operating expenses:
Sales and marketing
299,718	285,293	277,821	270,810	271,618	269,781	259,515	249,661	237,194	224,416	214,361	200,836	185,483	169,664	152,283	138,700	128,967	117,033	112,211	106,588	99,798	93,879	87,301	82,038	76,838	72,565	68,823	66,607	64,659	63,145	61,687	61,325	60,381	58,374	0	0	0
Research and development
221,260	203,729	189,154	176,406	161,399	150,583	141,953	135,237	129,293	120,650	113,607	104,935	99,788	93,671	90,301	88,693	85,220	83,542	79,240	74,916	71,347	67,757	65,032	62,002	61,127	60,693	59,513	58,704	55,085	51,356	48,383	45,806	43,956	42,222	0	0	0
General and administrative
153,193	139,192	132,237	124,435	123,637	122,119	116,574	112,399	103,107	94,432	88,426	82,262	78,570	72,893	66,364	59,416	52,172	47,379	45,065	41,960	39,001	36,869	33,217	30,374	28,215	25,433	24,056	22,827	22,463	21,931	21,078	20,932	20,339	19,727	0	0	0
Total operating expenses
674,171	628,214	599,212	571,651	556,654	542,483	518,042	497,297	469,594	439,498	416,394	388,033	363,841	336,228	308,948	286,809	266,359	247,954	236,516	223,464	210,146	198,505	185,550	174,414	166,180	158,691	152,392	148,138	142,207	136,432	131,148	128,063	124,676	120,323	0	0	0
Operating income
68,217	80,596	77,754	76,721	63,566	44,546	39,764	33,917	35,426	41,684	40,744	43,719	42,888	43,318	45,976	47,974	51,730	54,343	51,160	49,666	47,280	43,214	41,769	38,939	35,329	29,113	24,542	20,103	17,513	16,432	13,383	10,960	8,631	8,246	0	0	0
Other (expense) income:
Interest expense and other, net
1,304	693	694	665	730	813	858	798	813	717	666	605	560	491	445	431	402	353	302	265	215	229	325	436	481	476	390	276	318	401	504	458	376	263	0	0	0
Other income, net
3,563	3,458	2,565	1,269	556	397	499	553	574	451	407	358	302	256	251	271	321	339	278	228	138	104	91	106	130	102	104	74	70	91	200	181	200	188	0	0	0
Total other (expense) income, net
2,259	2,765	1,871	604	-174	-416	-359	-245	-239	-266	-259	-247	-258	-235	-194	-160	-81	-14	-24	-37	-77	-125	-234	-330	-351	-374	-286	-202	-248	-310	-304	-277	-176	-75	0	0	0
Income before income taxes
70,476	83,361	79,625	77,325	63,392	44,130	39,405	33,672	35,187	41,418	40,485	43,472	42,630	43,083	45,782	47,814	51,649	54,329	51,136	49,629	47,203	43,089	41,535	38,609	34,978	28,739	24,256	19,901	17,265	16,122	13,079	10,683	8,455	8,171	0	0	0
Benefit (provision) for income taxes
13,154	18,221	29,923	40,365	35,583	30,075	11,538	5,385	5,307	12,178	22,410	24,309	25,932	28,825	20,279	8,506	9,635	9,592	8,426	20,275	19,310	17,559	19,515	18,232	16,850	14,107	13,946	13,163	12,287	11,840	9,327	7,043	5,437	5,161	0	0	0
Income from continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,010	0	0	0
Loss from discontinued operations, net of income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-853	0	0	0
Net Income (Loss) Attributable to Parent
57,322	65,140	49,702	36,960	27,809	14,055	27,867	28,287	29,880	29,240	18,075	19,163	16,698	14,258	25,503	39,308	42,014	44,737	42,710	29,354	27,893	25,530	22,020	20,377	18,128	14,632	10,310	6,738	4,978	4,282	3,752	3,717	2,230	2,157	0	0	0
Net income per share:
Earnings from continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.06	0.04	0.01	0.01
Loss from discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.00	0.00	-0.03	0.00
Basic (in dollars per share)
0.42	0.42	0.55	0.45	0.69	-0.08	0.15	0.15	0.25	0.41	0.16	0.21	0.23	0.02	0.20	0.13	0.15	0.42	0.69	0.23	0.24	0.35	0.23	0.18	0.16	0.24	0.17	0.10	0.04	0.09	0.04	0.03	0.01	0.06	0.04	-0.02	0.01
Earnings from continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.05	0.04	0.01	0.01
Loss from discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.00	0.00	-0.03	0.00
Diluted (in dollars per share)
0.41	0.41	0.54	0.44	0.67	-0.07	0.14	0.15	0.24	0.38	0.16	0.20	0.22	0.02	0.20	0.12	0.14	0.40	0.67	0.22	0.23	0.33	0.22	0.17	0.16	0.23	0.16	0.09	0.04	0.07	0.04	0.03	0.01	0.05	0.04	-0.02	0.01
Weighted average shares outstanding:
Basic (in shares)
31,526	31,316	31,077	30,619	30,404	30,027	29,848	29,751	29,538	29,207	28,977	28,895	28,825	28,759	28,603	28,591	28,583	28,439	28,285	28,252	28,196	28,010	27,871	27,735	27,476	27,211	26,852	26,655	26,394	51,626	25,767	25,837	25	50,039	24,937	24,839	24
Diluted (in shares)
32,140	32,319	31,775	31,113	31,105	31,306	30,770	30,623	30,497	30,833	30,475	30,240	30,108	30,011	29,715	29,591	29,567	29,539	29,306	29,218	29,309	29,378	29,095	28,875	28,704	28,651	28,495	28,281	28,073	55,586	27,747	27,863	27	54,394	27,011	26,972	26