Annual report pursuant to Section 13 and 15(d)

Quarterly information (unaudited)

v3.3.0.814
Quarterly information (unaudited)
12 Months Ended
Sep. 30, 2015
Quarterly information (unaudited)  
Quarterly information (unaudited)

16. Quarterly information (unaudited)

        Set forth below are selected quarterly statement of operations data for the fiscal years ended September 30, 2015 and 2014. 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,
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

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

                                                                                                                                                                                    

 

 

Quarter Ended

 

 

 

Dec. 31,
2013

 

March 31,
2014

 

June 30,
2014

 

Sept. 30,
2014

 

 

 

(In thousands, except per share data)

 

Health Services

 

$

216,544

 

$

230,953

 

$

228,703

 

$

230,450

 

U.S. Federal Services

 

 

82,040

 

 

92,645

 

 

76,550

 

 

90,605

 

Human Services

 

 

108,008

 

 

115,417

 

 

114,646

 

 

114,351

 

​  

​  

​  

​  

​  

​  

​  

​  

Revenue

 

$

406,592

 

$

439,015

 

$

419,899

 

$

435,406

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

Health Services

 


$

48,194

 


$

51,616

 


$

54,900

 


$

59,018

 

U.S. Federal Services

 

 

28,312

 

 

33,252

 

 

24,632

 

 

24,597

 

Human Services

 

 

29,410

 

 

35,804

 

 

33,071

 

 

29,317

 

​  

​  

​  

​  

​  

​  

​  

​  

Gross profit

 

$

105,916

 

$

120,672

 

$

112,603

 

$

112,932

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

Health Services

 


$

25,544

 


$

29,709

 


$

29,153

 


$

31,150

 

U.S. Federal Services

 

 

16,787

 

 

20,026

 

 

14,046

 

 

12,239

 

Human Services

 

 

12,336

 

 

17,276

 

 

13,601

 

 

9,945

 

Amortization of intangible assets

 

 

(1,353

)

 

(1,468

)

 

(1,542

)

 

(1,527

)

Other/Corporate

 

 

(17

)

 

(563

)

 

(35

)

 

1

 

​  

​  

​  

​  

​  

​  

​  

​  

Operating Income

 

$

53,297

 

$

64,980

 

$

55,223

 

$

51,808

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  


Net income


 


 

33,355


 


 

41,461


 


 

34,428


 


 

36,152


 

Net income attributable to MAXIMUS

 

 

33,859

 

 

41,207

 

 

34,138

 

 

36,236

 

Diluted earnings per share attributable to MAXIMUS

 

$

0.49

 

$

0.59

 

$

0.49

 

$

0.53

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​