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CPSI Price Correlated With Financials For Computer Programs and Systems

Free historical financial statements for Computer Programs and Systems Inc. See how revenue, income, cash flow, and balance sheet financials have changed over 44 quarters since 2012. Compare with CPSI stock chart to see long term trends.

CPSI Stock Compared to Quarterly

CPSI Income Statement

Revenue, Net:
Revenue Per Share:
Cost of Goods & Services Sold:
Gross Profit:
Selling, General & Admin Expense:
Research & Development Expense:
Total Operating Expenses:
Operating Income:
Income Taxes:
Net Income:
Earnings Per Share, Diluted:
Earnings Per Share, Basic:
Shares Outstanding, Basic Avg:
Shares Outstanding, Diluted Avg:
Common Stock Shares Outstanding:

CPSI Cash Flow

Operating Activities Net Income:
Depreciation, Depletion & Amortization:
Change in Accounts Receiveable:
Net Cash from Operations:
Net Cash from Operations Per Share:
Repurchases/Buybacks Common Stock:
Issuance of Long-term Debt:
Cash Dividends Paid:
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Property, Plant & Equipment Purchases:
Purchases of Businesses, Net of Cash:
Net Cash from Investing Activities:
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CPSI Balance Sheet

Cash and Cash Equivalents:
Short-Term Investments:
Accounts Receivable, Net:
Total Current Assets:
Property, Plant & Equipment, Net:
Total Assets:
Accounts Payable:
Current Portion of Long-Term Debt:
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Long Term Debt, Non-Current Portion:
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Major Holders (from 13F filings)

Investment Type
Value (x$1000)
increase or decrease
2,363,365 sh
-40,985 sh
River Road Asset Management
1,240,407 sh
-3,265 sh
State Street
612,944 sh
-14,840 sh
Wellington Management Group Llp
451,651 sh
44,900 sh
Acadian Asset Management
382,418 sh
-68,976 sh
Lsv Asset Management
370,370 sh
21,321 sh
289,127 sh
18,023 sh
Geode Capital Management
282,717 sh
6,666 sh
JPMorgan Chase
239,945 sh
-25,373 sh
203,657 sh
12,105 sh
Foundry Partners
190,635 sh
-310 sh
Paradigm Capital Management/Ny
175,600 sh
95,600 sh
Kennedy Capital Management.
175,449 sh
-10,685 sh
Morgan Stanley
168,504 sh
-14,367 sh
Heartland Advisors
150,000 sh
Bank Of New York Mellon
147,803 sh
147,803 sh
Hillsdale Investment Management.
146,600 sh
-900 sh
135,869 sh
-57 sh
Jacobs Levy Equity Management
125,718 sh
375 sh
Connors Investor Services
120,452 sh
-43 sh
BASIS OF PRESENTATION Basis of Presentation

The accompanying unaudited condensed consolidated financial statements have been prepared pursuant to the rules and regulations of the Securities and Exchange Commission (the "SEC") and include all adjustments that, in the opinion of management, are necessary for a fair presentation of the results of the periods presented. All such adjustments are considered of a normal recurring nature. Quarterly results of operations are not necessarily indicative of annual results.

Certain footnote disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States of America ("U.S. GAAP") have been condensed or omitted. The condensed consolidated balance sheet as of December 31, 2021 was derived from the audited consolidated balance sheet at that date. These unaudited condensed consolidated financial statements should be read in conjunction with the audited financial statements of Computer Programs and Systems, Inc. ("CPSI" or the "Company") for the year ended December 31, 2021 and the notes thereto contained in the Company’s Annual Report on Form 10-K for the year ended December 31, 2021.

During the second quarter of 2021, we elected to change our method of estimating the labor costs incurred in developing software assets requiring capitalization under Accounting Standards Codification ("ASC") 350-40, Internal Use Software. Prior to this change, we estimated the associated labor costs using an estimated time-equivalent for workload metrics commonly utilized within agile software development environments. With this change, we now estimate these labor costs using the distribution of these agile workload metrics between capitalizable and non-capitalizable units of work. We believe this change is preferable as the new methodology better estimates capitalizable labor costs and is consistent with industry best practices. We have determined that this change is a change in accounting estimate effected by a change in accounting principle and, as such, has been accounted for on a prospective basis. See Note 6, “Software Development,” for further information.

Principles of Consolidation

The condensed consolidated financial statements of CPSI include the accounts of TruBridge, LLC ("TruBridge"), Evident, LLC ("Evident"), Healthland Holding Inc. ("HHI"), iNetXperts, Corp. d/b/a Get Real Health ("Get Real Health"), TruCode LLC ("TruCode"), and Healthcare Resource Group, Inc. ("HRG"), all of which are wholly-owned subsidiaries of CPSI. The accounts of HHI include those of its wholly-owned subsidiaries, Healthland Inc. ("Healthland"), Rycan Technologies, Inc. ("Rycan"), and American HealthTech, Inc. ("AHT"). All significant intercompany balances and transactions have been eliminated.

Data imported from Computer Programs and Systems Inc SEC filings. Check original filings before making any investment decision.