Virtusa corp (VRTU)
Income statement / TTM
Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10
Revenue

1,310,263

1,289,837

1,266,856

1,247,863

1,201,573

1,150,701

1,093,355

1,020,669

965,290

918,690

880,605

858,731

804,622

738,016

670,929

600,302

554,465

526,858

501,556

478,986

464,070

442,117

418,718

396,933

375,782

361,213

347,447

333,175

317,457

303,167

292,943

277,771

261,834

245,256

227,621

217,979

0

0

0

Costs of revenue

940,110

925,144

902,906

884,652

851,630

813,589

775,647

725,445

688,277

659,704

633,669

620,950

572,316

514,377

455,508

389,310

357,492

337,728

319,196

304,422

293,107

279,784

265,319

250,533

239,798

231,675

224,074

215,866

205,980

196,553

189,046

177,434

165,753

153,651

140,591

134,496

0

0

0

Gross profit

370,153

364,693

363,950

363,211

349,943

337,112

317,708

295,224

277,013

258,986

246,936

237,781

232,306

223,639

215,421

210,992

196,973

189,130

182,360

174,564

170,963

162,333

153,399

146,400

135,984

129,538

123,373

117,309

111,477

106,614

103,897

100,337

96,081

91,605

87,030

83,483

0

0

0

Operating expenses:
Selling, general and administrative expenses

284,040

289,705

294,178

292,943

286,340

279,131

263,467

248,837

236,777

225,955

220,647

219,410

218,639

202,296

184,359

165,672

142,695

134,367

128,612

121,996

120,362

115,155

108,686

103,988

96,664

92,272

88,454

84,450

80,970

78,671

77,916

76,438

73,592

70,710

67,553

65,697

0

0

0

Income from operations

86,113

74,988

69,772

70,268

63,603

57,981

54,241

46,387

40,236

33,031

26,289

18,371

13,667

21,343

31,062

45,320

54,278

54,763

53,748

52,568

50,601

47,178

44,713

42,412

39,320

37,266

34,919

32,859

30,507

27,943

25,981

23,899

22,489

20,895

19,477

17,786

0

0

0

Other income (expense):
Interest income

1,901

2,015

2,053

2,672

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,974

0

0

0

Interest expense

19,415

19,139

18,818

18,164

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Foreign currency transaction gains (losses), net

-6,636

4,748

-1,170

-13,130

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1,436

0

0

0

Other, net

-2,815

-3,468

-3,213

-3,482

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-97

0

0

0

Total other income (expense)

-26,965

-15,844

-21,148

-32,104

-27,756

-28,825

-17,551

-4,551

6,516

1,342

3,947

447

2,438

6,422

6,834

12,349

6,094

5,801

5,228

4,832

4,727

4,522

3,370

3,512

3,341

2,760

2,896

3,000

2,977

3,183

3,387

2,547

1,933

1,147

679

441

0

0

0

Income before income tax expense

59,148

59,144

48,624

38,164

35,847

29,156

36,690

41,836

46,752

34,373

30,236

18,818

16,105

27,765

37,896

57,669

60,372

60,564

58,976

57,400

55,328

51,700

48,083

45,924

42,661

40,026

37,815

35,859

33,484

31,126

29,368

26,446

24,422

22,042

20,156

18,227

0

0

0

Income tax expense

24,543

24,580

19,348

20,473

22,025

36,052

37,954

32,888

30,664

4,823

3,822

2,561

-890

4,998

8,499

12,649

16,310

16,036

15,420

14,954

14,385

13,208

12,227

11,549

9,241

8,530

8,034

7,461

8,380

7,832

7,149

6,411

4,959

3,967

3,053

2,027

0

0

0

Net income

34,605

34,564

29,276

17,691

13,822

-6,896

-1,264

8,948

16,088

29,550

26,414

16,257

16,995

22,767

29,397

45,020

44,062

44,528

43,556

42,446

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Less: net income attributable to noncontrolling interests, net of tax

588

691

1,000

1,545

3,154

5,067

7,436

7,694

7,252

6,224

4,642

4,399

3,312

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income available to Virtusa stockholders

34,017

33,873

28,276

16,146

10,668

-11,963

-8,700

1,254

8,836

23,326

21,772

11,858

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Less: Series A Convertible Preferred Stock dividends and accretion

4,350

4,350

4,350

4,350

4,350

4,350

4,349

3,963

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income available to Virtusa common stockholders

29,667

29,523

23,926

11,796

6,318

-16,313

-13,049

-2,709

5,961

21,538

21,071

11,858

13,683

20,561

28,433

44,802

44,062

44,528

43,556

42,446

40,943

38,492

35,856

34,375

33,420

31,496

29,781

28,398

25,104

23,294

22,219

20,035

18,443

16,565

0

-

0

0

-

Net income per share of common stock:
Basic earnings per share available to Virtusa common stockholders (in dollars per share)

0.39

0.20

0.16

0.24

0.38

0.01

-0.25

0.06

-0.38

0.13

0.10

0.35

0.15

0.11

-0.21

0.42

0.39

0.38

0.35

0.40

0.41

0.35

0.32

0.36

0.36

0.29

0.30

0.36

0.30

0.23

0.25

0.23

0.23

0.19

0.16

0.21

0.18

0.16

0.13

Diluted earnings per share available to Virtusa common stockholders (in dollars per share)

0.38

0.20

0.15

0.24

0.37

0.01

-0.25

0.06

-0.38

0.12

0.10

0.34

0.15

0.11

-0.21

0.41

0.38

0.37

0.34

0.39

0.40

0.34

0.31

0.35

0.35

0.28

0.29

0.35

0.29

0.23

0.24

0.23

0.22

0.18

0.16

0.21

0.17

0.15

0.13

Foreign currency translation adjustments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

Pension plan adjustment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

Unrealized gain (loss) on available-for-sale securities, net of tax

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

Unrealized (loss) gain on effective cash flow hedges, net of tax

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

Total comprehensive income (loss)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0