HSII · As filed with the SEC
Heidrick & Struggles International income statement, by fiscal year
The statement as Heidrick & Struggles International presents it in its 10-Q and 10-K: its own lines, labels and order. Tables over time lines up standardized figures across every filing.
Consolidated Statements of Comprehensive Income (Loss) · USD thousands, except per-share amounts; shares in thousands
| USD thousands, except per-share amounts; shares in thousands | FY2024 Year ended Dec 31, 2024 | FY2023 Year ended Dec 31, 2023 | FY2022 Year ended Dec 31, 2022 | FY2021 Year ended Dec 31, 2021 | FY2020 Year ended Dec 31, 2020 | FY2019 Year ended Dec 31, 2019 |
|---|---|---|---|---|---|---|
| Revenue | ||||||
| Revenue before reimbursements (net revenue) | 1,098,573 | 1,026,864 | — | 1,003,001 | 621,615 | 706,924 |
| Service | — | — | 1,073,464 | — | 621,615 | — |
| Reimbursements | — | — | 10,122 | 5,473 | 7,755 | 18,690 |
| Reimbursements | 17,103 | 14,318 | — | — | — | — |
| Total revenue | 1,115,676 | 1,041,182 | 1,083,586 | 1,008,474 | 629,370 | 725,614 |
| Operating expenses | ||||||
| Salaries and benefits | 715,628 | 656,030 | 737,430 | 717,411 | 450,424 | 501,791 |
| General and administrative expenses | 166,995 | 156,494 | 132,678 | 130,749 | 116,982 | 133,118 |
| Cost of services | 118,950 | 109,039 | — | — | — | — |
| Cost of services | — | — | 70,676 | 52,785 | 4,396 | 4,374 |
| Reimbursements | — | — | 10,122 | 5,473 | 7,755 | 18,690 |
| Research and development | 23,055 | 22,698 | 20,414 | — | 0 | — |
| Impairment charges | — | 7,246 | 0 | 0 | 32,970 | 0 |
| Impairment charges | 59,478 | — | — | — | — | — |
| Restructuring charges | 6,939 | 0 | 0 | 3,792 | 52,372 | 4,130 |
| Total operating expenses | — | — | 971,320 | 910,210 | 664,899 | 662,103 |
| Reimbursed expenses | 17,103 | 14,318 | — | — | — | — |
| Total operating expenses | 1,108,148 | 965,825 | — | — | — | — |
| Operating income | 7,528 | 75,357 | 112,266 | 98,264 | (35,529) | 63,511 |
| Non-operating income (expense) | ||||||
| Interest, net | — | 11,617 | 5,337 | 302 | 204 | 2,880 |
| Interest, net | 14,422 | — | — | — | — | — |
| Other, net | 8,702 | 1,697 | (2,367) | 7,463 | 3,927 | 2,898 |
| Net non-operating income | 23,124 | 13,314 | 2,970 | 7,765 | 4,131 | 5,778 |
| Income (loss) before income taxes | — | — | 115,236 | 106,029 | (31,398) | 69,289 |
| Income before income taxes | 30,652 | 88,671 | — | — | — | — |
| Provision for income taxes | 21,924 | 34,261 | 35,750 | 33,457 | 6,309 | 22,420 |
| Net income | 8,728 | 54,410 | 79,486 | 72,572 | (37,707) | 46,869 |
| Other comprehensive income (loss), net of tax: | ||||||
| Foreign currency translation adjustment | (14,417) | 4,810 | (8,457) | (1,890) | 82 | 844 |
| Net unrealized gain (loss) on available-for-sale investments | 11 | 83 | (41) | 0 | (13) | 13 |
| Pension gain (loss) adjustment | 232 | (575) | 2,634 | 148 | (476) | (1,095) |
| Other comprehensive loss, net of tax | — | — | (5,864) | (1,742) | (407) | (238) |
| Other comprehensive loss, net of tax | (14,174) | 4,318 | — | — | — | — |
| Comprehensive income (loss) | (5,446) | 58,728 | 73,622 | 70,830 | (38,114) | 46,631 |
| Weighted-average common shares outstanding | ||||||
| Basic (in shares) | 20,293 | 20,029 | 19,758 | 19,515 | 19,301 | 19,103 |
| Diluted (in shares) | 21,188 | 20,766 | 20,618 | 20,296 | 19,301 | 19,551 |
| Earnings per common share | ||||||
| Basic (in dollars per share) | 0.43 | 2.72 | 4.02 | 3.72 | (1.95) | 2.45 |
| Diluted (in dollars per share) | 0.41 | 2.62 | 3.86 | 3.58 | (1.95) | 2.40 |
| Cash dividends paid per share (in dollars per share) | 0.60 | 0.60 | 0.60 | 0.60 | 0.60 | 0.60 |
As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.