Aac holdings, inc. (AAC)
Income statement / TTM
Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Sep'13
Revenues
Total revenues

234,397

244,576

269,946

295,763

324,451

335,841

325,789

317,641

303,857

293,961

287,461

279,770

265,700

252,544

234,786

212,261

191,145

170,372

145,708

132,968

124,152

0

0

0

Operating expenses
Salaries, wages and benefits

158,762

167,319

175,241

174,772

170,166

162,044

149,702

146,390

144,421

144,191

145,874

141,073

134,163

121,461

105,003

91,406

76,842

68,690

61,537

54,707

50,865

0

0

0

Client related services

26,131

28,623

31,041

32,747

32,143

30,147

28,400

27,031

26,609

27,051

25,905

24,446

22,382

19,780

17,758

15,754

13,625

11,976

11,252

10,794

9,672

0

0

0

Provision for doubtful accounts

-

-

-

-

-

0

-

25,932

41,399

38,787

37,469

38,549

20,408

20,980

20,214

18,113

15,848

12,662

10,600

11,391

11,480

0

0

0

Advertising and marketing

13,165

14,581

14,440

13,744

10,420

10,457

11,139

12,315

14,797

16,410

17,653

18,275

18,887

19,990

20,600

20,821

20,221

18,341

17,011

15,683

14,168

0

0

0

Professional fees

19,793

20,973

20,366

19,894

17,613

15,557

13,646

12,638

12,336

13,973

14,803

16,468

17,057

15,162

13,154

10,316

8,171

6,510

7,047

8,075

9,197

0

0

0

Other operating expenses

42,886

46,557

48,491

47,716

46,630

42,103

38,108

36,309

33,213

32,664

31,762

29,627

28,372

26,310

24,549

22,708

19,947

18,316

15,608

13,518

12,442

0

0

0

Rentals and leases

9,033

9,782

10,251

10,367

9,114

8,459

7,745

7,514

7,670

7,673

7,716

7,363

7,388

6,863

6,130

5,298

4,072

3,025

2,336

2,106

2,577

0

0

0

Litigation settlement

4,680

6,863

7,107

11,136

0

0

0

-

-

-

-

-

-

-

-

2,379

2,497

1,878

0

-

0

0

-

-

Restructuring

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Depreciation and amortization

16,463

18,529

20,866

21,986

22,705

22,350

21,499

21,504

20,662

20,073

19,240

17,686

15,669

12,961

10,412

7,837

6,162

5,450

4,925

4,662

4,166

0

0

0

Gain on sale

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Acquisition-related expenses

-

-

-

573

1,159

1,418

1,284

1,162

858

956

2,110

2,691

2,912

3,381

3,167

3,401

0

0

0

-

-

-

-

-

Total operating expenses

289,884

312,309

327,427

333,301

344,920

334,811

319,450

314,402

303,257

303,070

303,824

297,470

267,238

247,747

223,346

198,033

171,158

149,562

132,666

122,268

115,180

0

0

0

Loss from operations

-55,487

-67,733

-57,481

-37,538

-20,469

1,030

6,339

3,239

600

-9,109

-16,363

-17,700

-1,538

4,797

11,440

14,228

18,208

19,031

11,263

8,921

8,972

0

0

0

Interest expense, net

45,996

40,460

35,771

32,220

29,079

25,833

20,786

16,811

13,397

9,832

9,207

8,175

7,031

6,307

4,568

3,607

2,748

2,390

2,259

1,872

1,925

0

0

0

Loss on extinguishment of debt

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss on contingent consideration

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other (income) expense, net

1,391

-111

-245

-465

-670

13

-91

-116

498

417

459

500

610

708

721

725

201

168

146

93

-202

0

0

0

Loss before income tax expense (benefit)

-98,820

-107,979

-92,996

-69,722

-51,001

-24,626

-19,973

-19,123

-16,372

-22,597

-23,761

-24,025

-6,184

973

9,368

13,121

19,219

20,367

12,708

10,700

6,845

0

0

0

Income tax expense (benefit)

-1,141

-2,514

-2,999

-3,004

-5,240

-3,424

-2,521

-1,742

5,453

3,954

3,106

2,345

-1,108

294

3,415

4,780

5,188

6,055

3,285

2,555

2,273

0

0

0

Net loss

-97,679

-105,465

-89,997

-66,718

-45,761

-21,202

-17,452

-17,381

-21,825

-26,551

-26,867

-26,370

-5,076

679

5,953

8,341

12,252

12,533

7,644

6,366

4,572

0

0

0

Less: net loss attributable to noncontrolling interest

-9,538

-8,216

-7,518

-7,314

-6,905

-6,368

-5,360

-4,508

-4,930

-5,290

-5,338

-5,152

-4,457

-3,679

-3,088

-2,833

-1,828

-1,553

-1,604

-1,182

-715

0

0

0

Net loss attributable to AAC Holdings, Inc. common stockholders

-88,141

-97,249

-82,479

-59,404

-38,856

-14,834

-12,092

-12,873

-16,895

-21,261

-21,529

-21,218

-619

4,358

9,041

11,174

14,080

14,086

9,248

7,548

5,287

0

0

0

Net (loss) income available to AAC Holdings, Inc. common stockholders

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

10,493

13,154

12,915

7,874

6,855

4,839

0

0

0

Basic loss per common share

-0.52

-0.66

-0.90

-1.52

-0.92

-0.07

0.04

-0.69

0.08

0.05

0.01

-0.89

-0.11

0.04

0.03

0.02

0.11

0.26

0.10

0.17

0.14

0.03

0.07

0.08

Diluted loss per common share

-0.52

-0.66

-0.90

-1.52

-0.92

-0.07

0.04

-0.69

0.08

0.05

0.01

-0.89

-0.11

0.04

0.03

0.01

0.11

0.26

0.10

0.17

0.14

0.03

0.07

0.08

Weighted-average common shares outstanding:
Basic

24,938

24,741

24,495

24,246

24,205

24,166

23,744

23,372

23,331

23,242

23,163

23,058

22,957

22,761

22,094

22,014

21,922

21,293

21,189

20,753

15,598

15,462

14,415

14,090

Diluted

24,938

24,741

24,495

24,208

24,205

24,166

23,781

23,210

23,469

23,254

23,174

22,989

22,957

22,811

22,113

21,813

22,031

21,487

21,312

20,877

15,614

15,491

14,493

14,189

Client Related Revenue
Total revenues

227,417

235,359

259,384

284,525

313,036

324,877

315,949

308,538

296,005

286,548

279,082

270,569

254,873

240,077

225,635

205,752

186,901

0

0

-

0

-

-

-

Non-Client Related Revenue
Total revenues

6,980

9,217

10,562

11,238

11,415

10,964

9,840

9,103

7,852

7,413

8,379

9,201

11,672

0

0

-

0

-

-

-

-

-

-

-