| Schedule of selected quarterly income statement data |
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.
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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 |
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|
53,329 |
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|
|
|
|
|
|
|
Diluted earnings per share attributable to MAXIMUS |
$ |
0.71 |
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|
$ |
0.80 |
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|
$ |
0.86 |
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|
$ |
0.81 |
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|
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 |
|
|
|
|
|
|
|
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|
Diluted earnings per share attributable to MAXIMUS |
$ |
0.40 |
|
|
$ |
0.74 |
|
|
$ |
0.79 |
|
|
$ |
0.77 |
|
|