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COMPUTER PROGRAMS & SYSTEMS INC (CPSI)

Income Statement Business | Product

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
Revenues:  
Total revenues   [+]326.6280.6264.5274.6280.4276.9267.3182.2
            Revenue growth   [+]16.4%6.1%-3.7%-2.1%1.3%3.6%46.7%-11.0%
Cost of goods sold   [+]172.2139.7128.2130.5130.7129.7133.587.7
Gross profit  154.4140.9136.2144.1149.7147.3133.794.5
            Gross margin  47.3%50.2%51.5%52.5%53.4%53.2%50.0%51.9%
Selling, general and administrative   [+]83.372.070.371.778.079.980.155.1
Research and development  30.930.433.536.936.433.729.114.2
Other operating expenses  -0.6  -5.0  10.2 
EBITDA   [+]46.741.634.442.037.236.127.628.3
            EBITDA margin  14.3%14.8%13.0%15.3%13.3%13.0%10.3%15.5%
Depreciation  5.93.11.91.41.82.53.13.2
EBITA  40.838.532.540.635.433.624.625.1
            EBITA margin  12.5%13.7%12.3%14.8%12.6%12.1%9.2%13.8%
Amortization of intangibles  17.413.811.411.010.510.410.2 
EBIT   [+]23.324.721.129.624.923.214.425.1
            EBIT margin  7.1%8.8%8.0%10.8%8.9%8.4%5.4%13.8%
Non-recurring items   [+]0.6  5.0 28.0  
Interest expense  6.33.23.66.77.67.76.6 
Other income (expense), net   [+]1.61.51.35.80.8-0.90.20.4
Pre-tax income  18.123.118.823.718.1-13.58.025.5
Income taxes  2.24.64.53.20.53.94.17.1
            Tax rate  12.2%20.1%24.2%13.6%2.6% 50.8%28.0%
Net income  15.918.414.220.517.6-17.43.918.3
            Net margin  4.9%6.6%5.4%7.5%6.3%-6.3%1.5%10.1%
   
Basic EPS   [+]$1.11$1.29$1.01$1.49$1.30($1.30)$0.30$1.66
Diluted EPS   [+]$1.11$1.29$1.01$1.49$1.30($1.30)$0.30$1.66
   
Dividends per share   [+]  $0.31$0.42$0.41$0.87$1.89$2.61
   
Shares outstanding (basic)   [+]14.414.314.013.813.613.413.311.1
Shares outstanding (diluted)   [+]14.414.314.013.813.613.413.311.1
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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