Blackbaud (BLKB) Income Statement

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License fees
Subscriptions	105.44M
Services	36.61M
Maintenance	36.41M
Other revenue	4.6M
Total revenue	183.06M
Cost of license fees
Cost of subscriptions	51.94M
Cost of services	24.1M
Cost of maintenance	5.53M
Cost of other revenue	1.74M
Total cost of revenue	83.32M
Gross profit	99.75M
Sales and marketing	40.69M
Research and development	22.51M
General and administrative	22.32M
Amortization	687K
Total operating expenses	86.21M
Income from operations	13.54M
Interest income
Interest expense	-2.64M
Other income (expense), net
Income before provision for income taxes	10.88M
Income tax provision	1.95M
Net income	8.93M
Basic	0.19
Diluted	0.19
Basic weighted average shares	46.16M
Diluted weighted average shares	47.39M
Dividends per share	0.12

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