The Ultimate Software Group (The Ultimate Software Group) Net Income : $57 Mil (TTM As of Mar. 2019)

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What is The Ultimate Software Group Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. The Ultimate Software Group's Net Income for the three months ended in Mar. 2019 was $13 Mil. Its Net Income for the trailing twelve months (TTM) ended in Mar. 2019 was $57 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. The Ultimate Software Group's Earnings per Share (Diluted) for the three months ended in Mar. 2019 was $0.41.

The Ultimate Software Group Net Income Historical Data

The historical data trend for The Ultimate Software Group's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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The Ultimate Software Group Net Income Chart

The Ultimate Software Group Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Net Income

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44.74

14.26

29.24

14.06

65.14

The Ultimate Software Group Quarterly Data
	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19
Net Income	Get a 7-Day Free Trial															20.99	13.68	17.09	13.38	13.18

The Ultimate Software Group Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

The Ultimate Software Group's Net Income for the fiscal year that ended in Dec. 2018 is calculated as

	Net Income		(A: Dec. 2018 )
=	Pre-Tax Income	+	Tax Provision	+	Net Income (Discontinued Operations)	+	Others
=	83.361	+	-18.221	+	0	+	0
=	65

The Ultimate Software Group's Net Income for the quarter that ended in Mar. 2019 is calculated as

	Net Income		(Q: Mar. 2019 )
=	Pre-Tax Income	+	Tax Provision	+	Net Income (Discontinued Operations)	+	Others
=	9.392	+	3.784	+	0	+	1.7763568394003E-15
=	13

Net Income for the trailing twelve months (TTM) ended in Mar. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was $57 Mil.

The Ultimate Software Group (NAS:ULTI) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

The Ultimate Software Group's Earnings per Share (Diluted) (EPS) for the quarter that ended in Mar. 2019 is calculated as

Earnings per Share (Diluted) (Q: Mar. 2019 )	=	(Net Income	-	Preferred Dividends)	/	Shares Outstanding (Diluted Average)
	=	(13.176	-	0)	/	32.140
	=	0.41

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.

Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.

The Ultimate Software Group Net Income Related Terms

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The Ultimate Software Group (The Ultimate Software Group) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » The Ultimate Software Group Inc (NAS:ULTI) » Definitions » Net Income

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Address

2000 Ultimate Way, Weston, FL, USA, 33326

Website

http://www.ultimatesoftware.com

The Ultimate Software Group is a provider of human capital management software solutions. The firm's UltiPro product suite includes human resources, payroll, and benefits management functionality, available in 12 languages and 35 country-specific localizations. Its solutions manage the complete employee lifecycle from recruitment to retirement, and include talent acquisition and onboarding, performance management, salary planning, budgeting, succession management, reporting, and analytical capabilities. The firm generates revenue through cloud subscription fees and implementation consulting services fees. All of the firm's revenue is generated in the United States and Canada.

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