XML 14 R4.htm IDEA: XBRL DOCUMENT v3.24.4
Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2024
Dec. 31, 2023
Revenue $ 939,159 $ 921,363 $ 1,744,128 $ 1,678,657
Cost of revenue [1] 489,256 463,423 911,992 862,206
Technology and development expense [1] 82,878 79,961 164,739 154,291
Marketing and selling expense [1] 223,861 211,843 427,708 404,031
General and administrative expense [1] 56,936 48,793 108,868 97,134
Amortization of acquired intangible assets 5,116 9,181 10,271 19,067
Restructuring Reserve, Accrual Adjustment   483    
Restructuring-related charges 163   262 [1] 149 [1]
Income from operations 80,949 107,679 120,288 141,779
Other income (expense), net 31,678 (391) 20,186 6,028
Interest expense, net (29,165) (30,588) (60,580) (59,788)
Loss (gain) on early extinguishment of debt (696) 349 (517) 1,721
Income before income taxes 82,766 77,049 79,377 89,740
Income tax expense 21,151 16,795 30,146 24,917
Net income 61,615 60,254 49,231 64,823
Add: Net (income) attributable to noncontrolling interests (558) (2,149) (723) (2,164)
Net income attributable to Cimpress plc $ 61,057 $ 58,105 $ 48,508 $ 62,659
Basic net income per share attributable to Cimpress plc $ 2.45 $ 2.18 $ 1.94 $ 2.36
Diluted net income per share attributable to Cimpress plc $ 2.36 $ 2.14 $ 1.86 $ 2.31
Weighted average shares outstanding — basic 24,965,612 26,609,929 25,066,729 26,539,349
Weighted average shares outstanding — diluted 25,906,151 27,179,073 26,145,452 27,129,264
Supplemental Income Statement Elements [Line Items]        
Cost of revenue [1] $ 489,256 $ 463,423 $ 911,992 $ 862,206
Technology and development expense [1] 82,878 79,961 164,739 154,291
Marketing and selling expense [1] 223,861 211,843 427,708 404,031
General and administrative expense [1] 56,936 48,793 108,868 97,134
Share-Based Payment Arrangement        
Cost of revenue 208 229 431 396
Technology and development expense 4,962 5,700 10,058 9,909
Marketing and selling expense 2,502 3,089 4,217 5,307
General and administrative expense 6,701 8,631 15,300 14,490
Supplemental Income Statement Elements [Line Items]        
Cost of revenue 208 229 431 396
Technology and development expense 4,962 5,700 10,058 9,909
Marketing and selling expense 2,502 3,089 4,217 5,307
General and administrative expense $ 6,701 $ 8,631 $ 15,300 $ 14,490
[1] Share-based compensation expense is allocated as follows:
 Three Months Ended December 31, Six Months Ended December 31,
 2024202320242023
Cost of revenue$208 $229 $431 $396 
Technology and development expense4,962 5,700 10,058 9,909 
Marketing and selling expense2,502 3,089 4,217 5,307 
General and administrative expense6,701 8,631 15,300 14,490