Skip Ribbon Commands
Skip to main content
Edgewater is a leading strategic consulting firm that focuses on
helping companies drive transformational change

Financial Statements

  Year Ending Dec 2017 (Update) Year Ending Dec 2016 (Update) Year Ending Dec 2015 (Update) Year Ending Dec 2014 (Update)
Net Sales 111.75 126.52 116.70 112.99
Revenue 111.75 126.52 116.70 112.99
Total Revenue 111.75 126.52 116.70 112.99
Cost of Revenue 72.06 80.34 77.11 71.62
Cost of Revenue, Total 72.06 80.34 77.11 71.62
Gross Profit 39.70 46.18 39.59 41.37
Selling/General/Administrative Expense 39.22 36.66 33.19 31.75
Labor & Related Expense 0.82 1.08 1.40 1.27
Selling/General/Administrative Expenses, Total 40.03 37.75 34.59 33.02
Depreciation 3.16 4.02 1.52 0.93
Amortization of Intangibles, Operating -- -- -- --
Depreciation/Amortization 3.16 4.02 1.52 0.93
Impairment-Assets Held for Use -- -- -- --
Other Unusual Expense (Income) 5.98 0.62 2.00 --
Unusual Expense (Income) 5.98 0.62 2.00 --
Other Operating Expense -- -- -- --
Other, Net -0.25 -0.73 -- --
Other Operating Expenses, Total -0.25 -0.73 -- --
Total Operating Expense 120.97 122.00 115.22 105.57
Operating Income -9.22 4.52 1.48 7.42
Interest Expense - Non-Operating -- -- -- --
Interest Expense, Net Non-Operating -- -- -- --
Investment Income, Non-Operating -0.12 0.05 0.29 0.17
Interest/Investment Income, Non-Operating -0.12 0.05 0.29 0.17
Interest Income (Expense), Net Non-Operating 0.12 0.10 0.02 0.02
Interest Income (Expense), Net-Non-Operating, Total 0.01 0.15 0.30 0.18
Gain (Loss) on Sale of Assets -- -- -- --
Other Non-Operating Income (Expense) -0.31 -2.47 -2.32 -0.36
Other, Net -0.31 -2.47 -2.32 -0.36
Net Income Before Taxes -9.52 2.20 -0.53 7.24
Income Tax – Total 19.88 5.03 3.53 3.18
Income After Tax -29.40 -2.83 -4.06 4.06
Net Income Before Extraordinary Items -29.40 -2.83 -4.06 4.06
Extraordinary Item 0.27 -- -- --
Total Extraordinary Items 0.27 -- -- --
Net Income -29.14 -2.83 -4.06 4.06
Income Available to Common Excluding Extraordinary Items -29.40 -2.83 -4.06 4.06
Income Available to Common Stocks Including Extraordinary Items -29.14 -2.83 -4.06 4.06
Basic Weighted Average Shares 13.62 12.15 11.51 11.13
Basic EPS Excluding Extraordinary Items -2.16 -0.23 -0.35 0.37
Basic EPS Including Extraordinary Items -2.14 -0.23 -0.35 0.37
Dilution Adjustment -- -- -- 0.00
Diluted Net Income -29.14 -2.83 -4.06 4.06
Diluted Weighted Average Shares 13.62 12.15 11.51 13.09
Diluted EPS Excluding Extraordinary Items -2.16 -0.23 -0.35 0.31
Diluted EPS Including Extraordinary Items -2.14 -0.23 -0.35 0.31
DPS - Common Stock Primary Issue -- -- 0.00 0.00
Gross Dividends - Common Stock 0.00 0.00 0.00 0.00
Other Unusual Expense (Income), Supplemental -- -- -- --
Non-Recurring Items, Total -- -- -- --
Total Special Items 5.98 0.62 2.00 --
Normalized Income Before Taxes -3.54 2.81 1.47 7.24
Effect of Special Items on Income Taxes 2.09 0.22 0.70 --
Income Taxes Excluding Impact of Special Items 21.97 5.25 4.23 3.18
Normalized Income After Taxes -25.52 -2.43 -2.76 4.06
Normalized Income Available to Common -25.52 -2.43 -2.76 4.06
Basic Normalized EPS -1.87 -0.20 -0.24 0.37
Diluted Normalized EPS -1.87 -0.20 -0.24 0.31
Amortization of Intangibles, Supplemental 2.80 3.40 0.90 0.30
Depreciation, Supplemental 0.36 0.80 0.81 0.84
Interest Expense, Supplemental -- -- -- --
Rental Expense, Supplemental 0.95 1.80 2.10 1.80
Stock-Based Compensation, Supplemental 1.02 1.29 1.59 1.51
Audit-Related Fees, Supplemental -- 0.50 0.56 0.47
Audit-Related Fees -- 0.15 -- --
Tax Fees, Supplemental -- 0.07 0.08 0.10
All Other Fees Paid to Auditor, Supplemental -- -- -- --
Gross Margin 35.52 36.50 33.92 36.61
Operating Margin -8.25 3.57 1.27 6.57
Pretax Margin -8.52 1.74 -0.46 6.41
Effective Tax Rate -- 229.05 -- 43.88
Net Profit Margin -26.31 -2.24 -3.48 3.60
Normalized EBIT -3.24 5.14 3.48 7.42
Normalized EBITDA -0.08 9.34 5.19 8.56
Current Tax - Domestic -0.04 0.19 0.16 0.38
Current Tax - Foreign 0.35 -0.01 0.26 0.07
Current Tax - Local 0.00 0.00 0.00 0.00
Current Tax - Total 0.31 0.18 0.43 0.45
Deferred Tax - Domestic -0.75 0.34 0.48 0.71
Deferred Tax - Foreign 0.00 0.01 0.21 0.30
Deferred Tax - Local 6.83 0.80 -0.54 2.09
Deferred Tax - Other -- -- -- --
Deferred Tax - Total 6.08 1.15 0.14 3.10
Other Tax 13.50 3.70 2.97 -0.37
Income Tax - Total 19.88 5.03 3.53 3.18
Defined Contribution Expense - Domestic 0.77 0.78 0.68 0.59
Total Pension Expense 0.77 0.78 0.68 0.59

In millions of USD (except for per share items)

Copyright Thomson Reuters Corporation

© 2019 Edgewater Technology, Inc. All Rights Reserved.
Home  |  About Us  |  Privacy Policy  |  Terms of Use  |  News  |  Investor Relations  |  Contact Us  |  Careers   |   Sign In