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Cover Page - shares | 3 Months Ended | |
---|---|---|
Dec. 31, 2019 | Feb. 03, 2020 | |
Cover page. | ||
Document Type | 10-Q | |
Document Quarterly Report | true | |
Document Period End Date | Dec. 31, 2019 | |
Document Transition Report | false | |
Entity File Number | 1-12997 | |
Entity Registrant Name | MAXIMUS, INC. | |
Entity Incorporation, State or Country Code | VA | |
Entity Tax Identification Number | 54-1000588 | |
Entity Address, Address Line One | 1891 Metro Center Drive | |
Entity Address, City or Town | Reston | |
Entity Address, State or Province | VA | |
Entity Address, Postal Zip Code | 20190 | |
City Area Code | 703 | |
Local Phone Number | 251-8500 | |
Title of 12(b) Security | Common Stock, no par value | |
Trading Symbol | MMS | |
Security Exchange Name | NYSE | |
Entity Current Reporting Status | Yes | |
Entity Interactive Data Current | Yes | |
Entity Filer Category | Large Accelerated Filer | |
Entity Small Reporting Company | false | |
Entity Emerging Growth Company | false | |
Entity Shell Company | false | |
Entity Common Stock, Shares Outstanding | 63,943,497 | |
Entity Central Index Key | 0001032220 | |
Current Fiscal Year End Date | --09-30 | |
Document Fiscal Year Focus | 2020 | |
Document Fiscal Period Focus | Q1 | |
Amendment Flag | false |
Please wait while we load the requested 10-Q report or click the link below:
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Compare this 10-Q Quarterly Report to its predecessor by reading our highlights to see what text and tables were removed , added and changed by Maximus Inc.
Maximus Inc's Definitive Proxy Statement (Form DEF 14A) filed after their 2020 10-K Annual Report includes:
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We have a total company portfolio target operating profit margin that ranges between 10% and 15% with high cash conversion, a healthy balance sheet and access to a $400 million credit facility.
Cash flows from operations improved through the growth of the business, improvements in our cash collections and timing differences related to our payroll obligations.
Our U.S. Health & Human Services Segment reported organic revenue growth of 6.1% and operating profit margins of 18.6%.
The presentation of non-GAAP numbers is not meant to be considered in isolation, nor as an alternative to revenue growth, cash flows from operations or net income as measures of performance.
The bush fires in Australia negatively impacted the first fiscal quarter and we anticipate further disruption for the remainder of the fiscal year.
We have provided a reconciliation...Read more
22 The largest single driver...Read more
We use our experience, business...Read more
During the first quarter of...Read more
Adjusted EBITDA is also a...Read more
These non-GAAP measures, as determined...Read more
Our priorities for cash utilization...Read more
These services support a variety...Read more
Revenue growth was driven by...Read more
Our growth over the last...Read more
Our contract portfolio offers us...Read more
Additional charges from the acquisition...Read more
We provide pro forma comparative...Read more
In 2018, the Company articulated...Read more
Fluctuations in our SG&A are...Read more
On a constant currency basis...Read more
Our credit agreement includes the...Read more
The contract contributed approximately $70...Read more
Our SG&A expense has increased...Read more
23 Non-GAAP Measures We utilize...Read more
We believe that users of...Read more
Our interest expense is primarily...Read more
The continued strength of the...Read more
Demographic trends, including increased longevity...Read more
Our deep client relationships and...Read more
Amortization of intangible assets received...Read more
We also maintain our quarterly...Read more
These operating cash flows are...Read more
This acquisition, coupled with our...Read more
To calculate organic revenue growth,...Read more
Business Overview We are a...Read more
These costs may be incurred...Read more
Other factors which may cause...Read more
Financial Statements, Disclosures and Schedules
Inside this 10-Q Quarterly Report
Material Contracts, Statements, Certifications & more
Maximus Inc provided additional information to their SEC Filing as exhibits
Ticker: MMS
CIK: 1032220
Form Type: 10-Q Quarterly Report
Accession Number: 0001032220-20-000006
Submitted to the SEC: Thu Feb 06 2020 1:08:22 PM EST
Accepted by the SEC: Thu Feb 06 2020
Period: Tuesday, December 31, 2019
Industry: Business Services