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Quarterly information (unaudited) | 12 Months Ended
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Sep. 30, 2019
Quarterly Financial Information Disclosure [Abstract] |
Quarterly information (unaudited) | Quarterly information (unaudited) Set forth below are selected quarterly consolidated statements of operations data for the fiscal years ended September 30, 2019 and 2018. We derived this information from unaudited quarterly financial statements that include, in the opinion of our management, all adjustments necessary for a fair presentation of the information for such periods. Results of operations for any fiscal quarter are not necessarily indicative of results for any future period. Earnings per share amounts are computed independently each quarter. As a result, the sum of each quarter's earnings per share amount may not equal the total earnings per share amount for the respective year.
| Quarter Ended |  |  |  |  |  |
| Dec. 31, 2018 |  | March 31,2019 |  | June 30,2019 |  | Sept. 30,2019
| (In thousands, except per share data) |  |  |  |  |  |
U.S. Health and Human Services | $ | 294,213 |  |  | $ | 290,737 |  |  | $ | 291,132 |  |  | $ | 300,406 |
U.S. Federal Services | 216,987 |  |  | 289,736 |  |  | 292,295 |  |  | 312,179 |
Outside the U.S. | 153,419 |  |  | 156,047 |  |  | 147,283 |  |  | 142,381 |
Revenue | $ | 664,619 |  |  | $ | 736,520 |  |  | $ | 730,710 |  |  | $ | 754,966 |
U.S. Health and Human Services | $ | 88,031 |  |  | $ | 86,260 |  |  | $ | 86,664 |  |  | $ | 83,154 |
U.S. Federal Services | 47,985 |  |  | 60,696 |  |  | 66,803 |  |  | 66,586 |
Outside the U.S. | 23,249 |  |  | 22,466 |  |  | 20,780 |  |  | 18,510 |
Gross profit | $ | 159,265 |  |  | $ | 169,422 |  |  | $ | 174,247 |  |  | $ | 168,250 |
U.S. Health and Human Services | $ | 55,892 |  |  | $ | 56,860 |  |  | $ | 54,250 |  |  | $ | 53,832 |
U.S. Federal Services | 21,353 |  |  | 29,592 |  |  | 33,907 |  |  | 31,090 |
Outside the U.S. | 4,441 |  |  | 4,474 |  |  | 4,989 |  |  | 2,157 |
Amortization of intangible assets | (5,458) |  |  | (9,519) |  |  | (9,049) |  |  | (9,028) |
Acquisition-related expenses | (2,691) |  |  | — |  |  | — |  |  | — |
Other/corporate | 599 |  |  | 394 |  |  | (503) |  |  | (475) |
Operating income | $ | 74,136 |  |  | $ | 81,801 |  |  | $ | 83,594 |  |  | $ | 77,576 |
Net income | $ | 55,723 |  |  | $ | 61,766 |  |  | $ | 62,965 |  |  | $ | 60,041 |
Net income attributable to MAXIMUS | $ | 55,913 |  |  | $ | 61,924 |  |  | $ | 62,898 |  |  | $ | 60,089 |
Basic earnings per share attributable to MAXIMUS | $ | 0.86 |  |  | $ | 0.96 |  |  | $ | 0.98 |  |  | $ | 0.93 |
Diluted earnings per share attributable to MAXIMUS | $ | 0.86 |  |  | $ | 0.96 |  |  | $ | 0.97 |  |  | $ | 0.93 |
| Quarter Ended |  |  |  |  |  |
| Dec. 31, 2017 |  | March 31,2018 |  | June 30,2018 |  | Sept. 30,2018
| (In thousands, except per share data) |  |  |  |  |  |
U.S. Health and Human Services | $ | 304,241 |  |  | $ | 306,249 |  |  | $ | 314,477 |  |  | $ | 288,944 |
U.S. Federal Services | 132,983 |  |  | 116,327 |  |  | 112,226 |  |  | 117,375 |
Outside the U.S. | 185,924 |  |  | 190,211 |  |  | 171,152 |  |  | 152,127 |
Revenue | $ | 623,148 |  |  | $ | 612,787 |  |  | $ | 597,855 |  |  | $ | 558,446 |
U.S. Health and Human Services | $ | 84,231 |  |  | $ | 86,586 |  |  | $ | 101,425 |  |  | $ | 87,382 |
U.S. Federal Services | 33,358 |  |  | 27,374 |  |  | 32,276 |  |  | 33,690 |
Outside the U.S. | 34,371 |  |  | 34,843 |  |  | 20,983 |  |  | 17,866 |
Gross profit | $ | 151,960 |  |  | $ | 148,803 |  |  | $ | 154,684 |  |  | $ | 138,938 |
U.S. Health and Human Services | $ | 49,426 |  |  | $ | 49,970 |  |  | $ | 67,043 |  |  | $ | 52,195 |
U.S. Federal Services | 16,710 |  |  | 9,834 |  |  | 14,877 |  |  | 15,965 |
Outside the U.S. | 16,265 |  |  | 16,440 |  |  | 4,208 |  |  | (945) |
Amortization of intangible assets | (2,718) |  |  | (2,603) |  |  | (2,525) |  |  | (2,462) |
Restructuring costs | — |  |  | (2,320) |  |  | — |  |  | (1,033) |
Acquisition-related expenses | — |  |  | — |  |  | — |  |  | (947) |
Other/corporate | — |  |  | — |  |  | (1,032) |  |  | (865) |
Operating income | $ | 79,683 |  |  | $ | 71,321 |  |  | $ | 82,571 |  |  | $ | 61,908 |
Net income | $ | 59,952 |  |  | $ | 55,106 |  |  | $ | 60,242 |  |  | $ | 45,516 |
Net income attributable to MAXIMUS | $ | 59,091 |  |  | $ | 55,492 |  |  | $ | 59,861 |  |  | $ | 46,307 |
Basic earnings per share attributable to MAXIMUS | $ | 0.90 |  |  | $ | 0.84 |  |  | $ | 0.91 |  |  | $ | 0.71 |
Diluted earnings per share attributable to MAXIMUS | $ | 0.89 |  |  | $ | 0.84 |  |  | $ | 0.91 |  |  | $ | 0.71 |

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- Definition The entire disclosure for quarterly financial data. Includes, but is not limited to, tabular presentation of financial information for fiscal quarters, effect of year-end adjustments, and an explanation of matters or transactions that affect comparability of the information. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -URI http://asc.fasb.org/topic&trid=2126967 + Details
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