Income Statement for Ultimate Software Group, Inc (ULTI)

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Income Statement for Ultimate Software Group, Inc
Dec 31, 2013 Dec 31, 2012 Dec 31, 2011
Profit
Total Revenue 410,397,000 332,268,000 269,198,000
Cost of Revenue 168,678,000 144,464,000 116,334,000
Gross Profit 241,719,000 187,804,000 152,864,000
Operating Expenses
Research Development 67,757,000 60,693,000 51,356,000
Selling General and Administrative 130,748,000 97,998,000 85,076,000
Non Recurring - - -
Others - - -
Total Operating Expenses - - -
Operating Income or Loss 43,214,000 29,113,000 16,432,000
Income from Continuing Operations
Total Other Income/Expenses Net 104,000 102,000 91,000
Earnings Before Interest And Taxes 43,318,000 29,215,000 16,523,000
Interest Expense 229,000 476,000 401,000
Income Before Tax 43,089,000 28,739,000 16,122,000
Income Tax Expense 17,559,000 14,107,000 11,840,000
Minority Interest - - -
Net Income From Continuing Ops 25,530,000 14,632,000 4,282,000
Non-recurring Events
Discontinued Operations - - -
Extraordinary Items - - -
Effect Of Accounting Changes - - -
Other Items - - -
Net Income
Net Income 25,530,000 14,632,000 4,282,000
Preferred Stock And Other Adjustments - - -
Net Income Applicable To Common Shares 25,530,000 14,632,000 4,282,000
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