Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED STATEMENTS OF OPERATIONS

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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Mar. 31, 2019
Mar. 31, 2018
Income Statement [Abstract]        
Revenue $ 736,520 $ 612,787 $ 1,401,139 $ 1,235,935
Cost of revenue 567,098 463,984 1,072,452 935,172
Gross profit 169,422 148,803 328,687 300,763
Selling, general and administrative expenses 78,102 74,879 157,773 144,438
Amortization of intangible assets 9,519 2,603 14,977 5,321
Operating income 81,801 71,321 155,937 151,004
Interest expense 1,569 157 2,194 325
Other income, net 447 1,392 2,492 1,679
Income before income taxes 80,679 72,556 156,235 152,358
Provision for income taxes 18,913 17,450 38,746 37,300
Net income 61,766 55,106 117,489 115,058
(Loss)/income attributable to noncontrolling interests (158) (386) (348) 475
Net income attributable to MAXIMUS $ 61,924 $ 55,492 $ 117,837 $ 114,583
Basic earnings per share attributable to MAXIMUS (in dollars per share) $ 0.96 $ 0.84 $ 1.82 $ 1.74
Diluted earnings per share attributable to MAXIMUS (in dollars per share) 0.96 0.84 1.82 1.73
Dividends paid per share (in dollars per share) $ 0.25 $ 0.045 $ 0.50 $ 0.09
Weighted average shares outstanding:        
Basic weighted average shares outstanding (in shares) 64,369 65,856 64,600 65,857
Diluted weighted average shares outstanding (in shares) 64,643 66,268 64,817 66,223