Annual report pursuant to Section 13 and 15(d)

Quarterly information (unaudited)

v3.5.0.2
Quarterly information (unaudited)
12 Months Ended
Sep. 30, 2016
Quarterly Financial Information Disclosure [Abstract]  
Quarterly information (unaudited)
Quarterly information (unaudited)
Set forth below are selected quarterly consolidated statement of operations data for the fiscal years ended September 30, 2016 and 2015. We derived this information from unaudited quarterly financial statements that include, in the opinion of our management, all adjustments necessary for a fair presentation of the information for such periods. Results of operations for any fiscal quarter are not necessarily indicative of results for any future period.
Earnings per share amounts are computed independently each quarter. As a result, the sum of each quarter's earnings per share amount may not equal the total earnings per share amount for the respective year.
 
Quarter Ended
 
Dec. 31,
2015
 
March 31,
2016
 
June 30,
2016
 
Sept. 30,
2016
 
(In thousands, except per share data)
Health Services
$
291,903

 
$
330,567

 
$
333,699

 
$
342,135

U.S. Federal Services
145,285

 
150,191

 
149,601

 
146,651

Human Services
119,534

 
125,695

 
133,794

 
134,305

Revenue
$
556,722

 
$
606,453

 
$
617,094

 
$
623,091

 
 
 
 
 
 
 
 
Health Services
$
51,972

 
$
82,717

 
$
76,775

 
$
80,717

U.S. Federal Services
28,238

 
33,421

 
38,980

 
37,529

Human Services
30,005

 
31,529

 
35,624

 
34,684

Gross profit
$
110,215

 
$
147,667

 
$
151,379

 
$
152,930

 
 
 
 
 
 
 
 
Health Services
$
26,808

 
$
56,914

 
$
50,430

 
$
50,874

U.S. Federal Services
10,716

 
14,983

 
19,119

 
18,558

Human Services
9,107

 
9,794

 
14,251

 
14,533

Amortization of intangible assets
(3,149
)
 
(3,262
)
 
(3,517
)
 
(3,449
)
Acquisition-related expenses
(46
)
 
(529
)
 

 
(257
)
Gain on sale of a business

 

 
6,453

 
427

Other/Corporate
(650
)
 

 
(2,127
)
 
622

Operating Income
$
42,786

 
$
77,900

 
$
84,609

 
$
81,308

 
 
 
 
 
 
 
 
Net income
26,882

 
49,341

 
52,750

 
51,187

Net income attributable to MAXIMUS
26,609

 
48,785

 
52,225

 
50,743

 
 
 
 
 
 
 
 
Diluted earnings per share attributable to MAXIMUS
$
0.40

 
$
0.74

 
$
0.79

 
$
0.77


 
Quarter Ended
 
Dec. 31,
2014
 
March 31,
2015
 
June 30,
2015
 
Sept. 30,
2015
 
(In thousands, except per share data)
Health Services
$
243,570

 
$
270,918

 
$
298,549

 
$
296,201

U.S. Federal Services
107,729

 
99,465

 
141,011

 
154,279

Human Services
115,744

 
111,411

 
132,741

 
128,203

Revenue
$
467,043

 
$
481,794

 
$
572,301

 
$
578,683

 
 
 
 
 
 
 
 
Health Services
$
59,847

 
$
69,873

 
$
69,813

 
$
54,575

U.S. Federal Services
25,568

 
22,014

 
34,780

 
36,284

Human Services
33,852

 
32,458

 
39,205

 
34,448

Gross profit
$
119,267

 
$
124,345

 
$
143,798

 
$
125,307

 
 
 
 
 
 
 
 
Health Services
$
37,840

 
$
41,476

 
$
44,470

 
$
30,507

U.S. Federal Services
13,318

 
9,637

 
15,536

 
20,903

Human Services
16,153

 
13,935

 
16,803

 
13,353

Amortization of intangible assets
(1,475
)
 
(1,432
)
 
(3,275
)
 
(3,166
)
Acquisition-related expenses
(600
)
 
(1,514
)
 
(2,459
)
 
(172
)
Other/Corporate
(5
)
 
(95
)
 
(8
)
 
102

Operating Income
$
65,231

 
$
62,007

 
$
71,067

 
$
61,527

 
 
 
 
 
 
 
 
Net income
42,350

 
39,028

 
42,259

 
36,412

Net income attributable to MAXIMUS
41,861

 
38,808

 
41,666

 
35,437

 
 
 
 
 
 
 
 
Diluted earnings per share attributable to MAXIMUS
$
0.63

 
$
0.58

 
$
0.62

 
$
0.53