Annual report pursuant to Section 13 and 15(d)

Quarterly information (unaudited)

v3.8.0.1
Quarterly information (unaudited)
12 Months Ended
Sep. 30, 2017
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, 2017 and 2016. 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,
2016
 
March 31,
2017
 
June 30,
2017
 
Sept. 30,
2017
 
(In thousands, except per share data)
Health Services
$
340,729

 
$
348,994

 
$
335,090

 
$
355,338

U.S. Federal Services
141,298

 
145,370

 
131,589

 
127,316

Human Services
125,537

 
127,683

 
133,768

 
138,249

Revenue
$
607,564

 
$
622,047

 
$
600,447

 
$
620,903

 
 
 
 
 
 
 
 
Health Services
$
78,234

 
$
86,454

 
$
83,269

 
$
99,368

U.S. Federal Services
37,576

 
36,571

 
33,627

 
31,547

Human Services
29,008

 
29,292

 
35,293

 
31,666

Gross profit
$
144,818

 
$
152,317

 
$
152,189

 
$
162,581

 
 
 
 
 
 
 
 
Health Services
$
50,127

 
$
56,540

 
$
51,553

 
$
57,024

U.S. Federal Services
17,881

 
17,644

 
15,870

 
13,581

Human Services
11,769

 
9,629

 
16,368

 
10,818

Amortization of intangible assets
(3,402
)
 
(3,386
)
 
(2,720
)
 
(2,700
)
Restructuring costs
(2,242
)
 

 

 

Acquisition-related expenses

 

 

 
(83
)
Gain on sale of a business

 

 
650

 

Other/Corporate
(357
)
 
(92
)
 
90

 
(1,050
)
Operating Income
$
73,776

 
$
80,335

 
$
81,811

 
$
77,590

 
 
 
 
 
 
 
 
Net income
46,329

 
53,097

 
57,788

 
54,968

Net income attributable to MAXIMUS
46,664

 
52,515

 
56,918

 
53,329

 
 
 
 
 
 
 
 
Diluted earnings per share attributable to MAXIMUS
$
0.71

 
$
0.80

 
$
0.86

 
$
0.81


 
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