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PRA Health Sciences, Inc. (PRAH)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-20Sep-30-20Jun-05-20Mar-31-20Dec-31-19Sep-30-19Jun-30-19Jun-05-19
   10-K10-Q8-K10-Q10-K10-Q10-Q8-K
Revenue  873.5796.3729.9783.7800.2780.7763.3763.3
            Revenue growth  9.1%2.0%-4.4%8.5%9.7%8.8%5.6% 
Operating expenses:          
Cost of revenue          
Selling, general and administrative expenses  120.7115.4110.0107.0103.595.598.898.8
Transaction-related costs   -45.1 0.61.30.6  
Depreciation and amortization expense  33.633.332.532.329.429.328.628.6
Loss on disposal of fixed assets  0.10.00.20.00.20.30.60.6
    Income from operations  97.1124.243.663.2101.495.888.088.0
            Operating margin  11.1%15.6%6.0%8.1%12.7%12.3%11.5%11.5%
Interest expense, net  -7.0-10.7-11.9-13.5-14.2-13.0-12.5-12.5
Loss on modification or extinguishment of debt  -1.0   -2.1-1.9  
Foreign currency losses, net  -13.5-9.1-10.87.8-4.15.4-9.7-9.7
Other (expense) income, net   0.0 0.00.20.00.0 
    Income before income taxes and equity in income of unconsolidated joint ventures  76.2104.321.057.581.386.465.965.9
Provision for income taxes  24.913.17.116.96.53.424.824.8
            Tax rate  32.7%12.5%33.9%29.3%8.0%3.9%37.7%37.7%
Equity in income of unconsolidated joint ventures, net of tax          
    Net income  51.391.3 40.774.883.041.1 
Net income attributable to noncontrolling interest        0.1-0.1
    Net income attributable to PRA Health Sciences, Inc.  51.391.313.940.774.883.041.141.1
   
Net income per share attributable to common stockholders:          
Basic (in dollars per share)  $0.80$1.44$0.22$0.65$1.19$1.28$0.63$0.63
Diluted (in dollars per share)  $0.78$1.41$0.22$0.63$1.15$1.25$0.62$0.62
   
Weighted average common shares outstanding:          
Basic (in shares)  63.463.463.262.964.564.865.365.3
Diluted (in shares)  64.864.964.564.366.066.266.866.8

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