HMS Holdings Corp (HMSY) Financial Statements (2024 and earlier)

Company Profile

Business Address 5615 HIGH POINT DRIVE
IRVING, TX 75038
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 7389 - Business Services, Not Elsewhere Classified (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)
Annual | Quarterly

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments139,268178,94683,313175,999145,610133,116
Cash and cash equivalents139,268178,94683,313175,999145,610133,116
Receivables226,653225,589189,460173,582169,146157,101
Prepaid expense30,92519,97016,58913,69911,26111,810
Other current assets  2408361,0013,0512,639
Deferred tax assets✕✕   7,4607,811
Other undisclosed current assets5645642,4563,354 5,142
Total current assets:397,410425,309292,654367,635336,528317,619
Noncurrent Assets
Finance lease, right-of-use asset, after accumulated amortization 1,081✕✕✕✕✕
Operating lease, right-of-use asset17,493✕✕✕✕✕
Property, plant and equipment86,94794,43598,58192,16796,551116,027
Intangible assets, net (including goodwill)731,200554,757579,099417,513415,776436,046
Goodwill599,351487,617487,617379,716361,468361,468
Intangible assets, net (excluding goodwill)131,84967,14091,48237,79754,30874,578
Deferred costs      6,957
Other noncurrent assets10,1172,3442,5892,6504,3294,339
Deferred tax assets, net✕✕   4,873(50,853)
Other undisclosed noncurrent assets281,6732,2372,790 50,853
Total noncurrent assets:846,866653,209682,506515,120521,529563,369
TOTAL ASSETS:1,244,2761,078,518975,160882,755858,057880,988
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities12,24612,39419,33013,84733,61147,005
Taxes payable     3,873 
Employee-related liabilities     21,94816,895
Accounts payable12,24612,39419,33013,8477,79014,840
Accrued liabilities      15,270
Debt6,629     
Liability for uncertainty in income taxes      4,159
Customer refund liability      1,842
Other undisclosed current liabilities82,44284,23173,35776,31055,00138,342
Total current liabilities:101,31796,62592,68790,15788,61291,348
Noncurrent Liabilities
Long-term debt and lease obligation254,881240,000240,000197,796197,796197,796
Long-term debt, excluding current maturities240,000240,000240,000197,796197,796197,796
Liabilities, other than long-term debt33,21328,49736,24438,19246,94758,754
Deferred revenue and credits✕✕✕4,8525,4276,0065,037
Deferred rent credit  4,118✕✕✕✕
Deferred tax liabilities, net✕✕18,48521,98922,71738,42150,853
Deferred income tax liabilities25,587✕✕✕✕✕
Other liabilities7,6265,8949,40310,0482,5202,864
Operating lease, liability14,881✕✕✕✕✕
Total noncurrent liabilities:288,094268,497276,244235,988244,743256,550
Total liabilities:389,411365,122368,931326,145333,355347,898
Equity
Equity, attributable to parent854,865713,396606,229556,610524,702533,090
Common stock1,018989965959952943
Treasury stock, value(135,576)(135,576)(129,621)(115,484)(95,014)(45,014)
Additional paid in capital479,964425,748368,721345,025330,290313,214
Retained earnings509,459422,235366,164326,110288,474263,947
Total equity:854,865713,396606,229556,610524,702533,090
TOTAL LIABILITIES AND EQUITY:1,244,2761,078,518975,160882,755858,057880,988

Income Statement (P&L) ($ in thousands)
Annual | Quarterly

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues626,395598,290521,212489,720474,216443,225
Revenue, net✕✕✕521,212489,720474,216443,225
Cost of revenue(408,714)(401,610)(365,127)(342,670)(343,523)(372,992)
Cost of goods and services sold(408,714)(75,883)(365,127)(342,670)(343,523)(372,992)
Gross profit:217,681196,680156,085147,050130,69370,233
Operating expenses(114,665)(133,442)(105,654)(89,381)(83,121)(112,046)
Other undisclosed operating income      76,017
Operating income:103,01663,23850,43157,66947,57234,204
Nonoperating income12,3591,0892953214957
Investment income, nonoperating4,1481,0892953214957
Other nonoperating income8,211     
Interest and debt expense(11,013)(11,310)(10,871)(8,519)(7,812)(7,931)
Income from continuing operations before income taxes:104,36253,01739,85549,47139,80926,330
Income tax expense (benefit)(17,138)1,972199(11,835)(15,282)(12,383)
Income from continuing operations:87,22454,98940,05437,63624,52713,947
Income before gain (loss) on sale of properties:87,22454,98940,05437,63624,52713,947
Net income available to common stockholders, diluted:87,22454,98940,05437,63624,52713,947

Comprehensive Income ($ in thousands)
Annual | Quarterly

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income:87,22454,98940,05437,63624,52713,947
Comprehensive income, net of tax, attributable to parent:87,22454,98940,05437,63624,52713,947

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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