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CROSS COUNTRY HEALTHCARE INC (CCRN)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-22Dec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-31-17Dec-31-16Dec-31-15
   10-K10-K10-K10-K10-K10-K10-K10-K
Revenue from Contract with Customer, Product and Service [Extensible List]          
Revenue from services  2,806.61,676.7836.4822.2816.5865.0833.5779.2
            Revenue from services growth  67.4%100.5%1.7%0.7%-5.6%3.8%7.0%26.1%
Operating expenses:          
Direct operating expenses  2,178.91,301.7633.7618.2606.9636.5611.8 
Selling, general and administrative expenses  324.2215.3173.8182.0180.2187.4179.8161.3
Bad debt expense  9.64.83.02.02.21.80.61.0
Depreciation and amortization  12.69.912.714.111.810.29.28.1
Restructuring costs (benefits)  1.92.66.13.62.81.00.81.3
Legal settlement charges     1.6    
Impairment charges  5.62.116.216.322.414.424.32.1
    Total operating expenses  2,533.51,537.3845.6837.9829.4853.3827.4746.9
    Income from operations  273.1139.3-9.2-15.7-12.911.76.220.6
            Operating margin  9.7%8.3%-1.1%-1.9%-1.6%1.4%0.7% 
   
Other expenses (income):          
Interest expense  -14.4-6.9-2.9-5.3-5.7-4.2-6.1-6.8
Loss on early extinguishment of debt  3.7  2.00.15.01.6 
Other expense (income), net  -1.3-0.80.3-0.1-0.4-0.2-0.2-0.3
Income tax expense  67.91.2-0.231.7-2.5-34.5-4.2-0.8
    Net income attributable to common stockholders  188.5132.0-13.0-57.7-17.037.58.04.4
   
Other comprehensive income:          
   
Net income per share attributable to common stockholders - Basic  $5.09$3.60($0.36)($1.61)($0.48)$1.07$0.25$0.14
Net income per share attributable to common stockholders - Diluted  $5.02$3.53($0.36)($1.61)($0.48)$1.01$0.15$0.14
   
Weighted average common shares outstanding:          
Basic (shares)  37.036.736.135.835.735.032.131.5
Diluted (shares)  37.537.436.135.835.736.236.232.2

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