ALLIANCE DATA SYSTEMS CORP ADS Income Statement

Alliance data systems corp (ADS)

Income statement / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10	Sep'09	Jun'09
Revenues
Services
46,600	17,900	57,900	66,400	73,300	38,100	61,900	102,800	92,600	-1,520,900	650,300	626,500	611,600	676,100	634,400	604,400	589,900	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Redemption, net
120,900	227,800	143,900	153,700	111,900	233,300	163,600	147,500	131,900	289,900	210,000	184,500	250,900	157,000	296,300	262,100	278,200	281,300	220,900	218,100	308,100	308,542	232,464	268,504	243,690	156,848	131,985	138,342	160,012	143,741	144,144	159,185	188,466	148,245	141,152	133,342	149,760	156,816	120,424	127,709	138,677	120,779	114,009
Transaction
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	83,100	86,800	93,300	86,010	87,162	80,248	83,980	82,842	84,264	79,573	82,348	65,651	74,904	77,502	82,744	69,230	74,712	69,869	76,771	71,625	68,150	69,341	76,601	90,505	94,695
Securitization income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	98,723	93,219
Finance charges, net
1,214,300	1,215,300	1,235,800	1,128,400	1,149,000	1,193,200	1,197,600	1,146,900	1,157,200	1,092,500	1,052,100	1,010,800	1,016,500	994,500	954,900	882,300	808,000	769,800	737,900	684,000	679,500	631,361	597,892	538,186	536,261	508,683	507,828	462,739	477,404	454,472	434,824	377,794	376,315	361,702	365,925	332,272	342,142	331,129	327,677	319,269	306,357	16,268	11,178
Marketing services
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	499,000	465,400	471,200	416,887	353,525	339,819	328,469	349,535	334,720	309,495	295,606	273,104	225,303	219,530	213,596	241,146	230,350	182,264	152,710	175,254	167,083	134,972	125,191	129,317	119,679
Other revenue
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	48,200	46,300	49,100	42,909	48,090	38,401	40,500	43,179	37,650	37,943	38,067	34,876	32,317	32,474	30,448	27,226	32,705	22,711	19,053	20,899	19,109	18,427	16,711	25,839	24,759
Total revenue
1,381,800	1,461,000	1,437,600	1,348,500	1,334,200	1,464,600	1,423,100	1,397,200	1,381,700	-138,500	1,912,400	1,821,800	1,879,000	1,827,600	1,885,600	1,748,800	1,676,100	1,748,800	1,589,100	1,500,600	1,601,200	1,485,709	1,319,133	1,265,158	1,232,900	1,141,087	1,096,447	1,028,092	1,053,437	971,844	911,492	866,485	891,569	847,549	844,844	740,458	740,436	755,723	702,443	669,718	663,537	481,431	457,539
Operating expenses
Cost of operations (exclusive of depreciation and amortization disclosed separately below)
499,200	705,000	687,500	654,800	640,500	697,900	654,000	593,600	591,700	-653,500	1,066,500	1,014,400	1,042,100	1,199,400	1,045,600	1,027,900	1,003,900	1,026,800	901,000	896,600	990,000	895,590	767,415	783,369	772,426	681,066	628,386	619,285	620,422	573,797	499,455	506,455	526,905	499,114	476,993	431,250	404,525	440,468	385,201	358,708	361,003	326,578	326,567
Provision for loan loss
655,900	380,800	297,300	257,300	252,100	169,600	196,800	311,900	337,700	332,200	204,700	288,100	315,100	289,500	251,300	227,800	171,900	206,300	171,700	155,300	134,900	143,389	114,577	96,652	70,582	130,338	90,976	57,796	66,648	102,350	81,250	52,552	49,327	101,577	70,697	60,376	67,666	115,562	89,559	94,700	88,001	-	-
General and administrative
23,900	23,200	31,800	57,300	38,300	41,200	43,600	46,400	31,300	34,300	38,000	42,400	44,600	31,700	41,000	42,900	27,600	26,500	40,900	40,900	30,200	40,002	39,169	28,302	34,027	24,723	33,845	28,255	22,292	31,944	24,584	27,532	23,999	27,054	26,242	21,021	20,939	22,333	19,767	21,509	22,164	30,143	19,214
Regulatory settlement
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	64,600	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation and other amortization
17,400	20,100	19,900	19,300	20,600	20,900	20,700	19,800	19,300	-62,900	46,700	45,200	44,700	43,600	42,600	41,100	39,800	37,100	36,500	34,900	33,600	30,145	28,070	25,973	25,512	22,890	21,395	20,446	19,560	18,957	18,745	18,496	17,604	16,519	20,304	16,850	16,754	17,705	17,196	16,580	16,325	15,364	15,300
Amortization of purchased intangibles
21,400	22,900	25,000	22,500	25,800	26,500	28,200	28,800	29,400	-123,800	77,600	80,300	80,100	83,800	84,100	88,500	88,600	88,000	86,900	87,200	88,000	58,256	48,261	48,322	48,561	32,331	33,077	33,130	33,290	28,065	22,987	20,907	21,115	21,983	22,929	19,170	18,644	19,022	20,711	17,841	17,846	15,770	15,815
Loss on extinguishment of debt
-	-	-71,900	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Merger (reimbursements) costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	30	64
Total operating expenses
1,217,800	1,152,000	1,133,400	1,011,200	977,300	956,100	943,300	1,000,500	1,009,400	-473,700	1,433,500	1,470,400	1,526,600	1,648,000	1,464,600	1,428,200	1,331,800	1,384,700	1,301,600	1,214,900	1,276,700	1,273,282	997,492	982,618	951,108	891,348	807,679	758,912	762,212	755,113	647,021	625,942	638,950	666,247	617,165	548,667	528,528	615,090	532,434	509,338	505,339	387,885	376,960
Operating income
164,000	309,000	304,200	337,300	356,900	508,500	479,800	396,700	372,300	335,200	478,900	351,400	352,400	179,600	421,000	320,600	344,300	364,100	287,500	285,700	324,500	212,427	321,641	282,540	281,792	249,739	288,768	269,180	291,225	216,731	264,471	240,543	252,619	181,302	227,679	191,791	211,908	140,633	170,009	160,380	158,198	93,546	80,579
Interest expense
Securitization funding costs
49,900	53,100	51,400	51,600	57,300	56,800	56,100	55,200	52,100	46,600	38,200	36,600	35,200	34,100	31,100	30,000	30,400	25,600	23,100	24,600	23,800	23,126	22,763	22,300	22,911	23,233	22,914	24,694	24,485	24,665	23,296	22,518	22,329	30,430	30,233	35,062	30,986	110,071	43,026	43,606	-41,619	-	-
Interest expense on deposits
60,300	61,200	62,500	53,200	48,700	50,000	43,400	36,800	35,500	37,300	33,200	28,600	26,000	24,700	22,600	20,200	17,200	16,600	13,700	11,600	11,700	11,974	9,064	8,228	8,234	7,815	7,287	7,002	7,007	6,462	6,753	6,003	5,963	6,246	5,645	5,494	5,693	7,008	7,317	7,604	7,527	6,616	6,803
Interest expense on long-term and other debt, net
28,400	27,300	26,100	38,700	37,900	33,300	37,300	41,600	44,200	-36,500	73,900	72,300	64,000	58,900	54,600	53,500	51,200	47,200	45,300	44,500	42,500	33,257	29,637	32,404	36,602	34,427	43,814	51,770	51,052	47,249	44,316	44,546	37,360	37,300	38,478	38,238	34,780	33,816	33,776	32,638	33,560	31,947	27,304
Total interest expense, net
138,600	141,600	140,000	143,500	143,900	140,100	136,800	133,600	131,800	297,800	145,300	137,500	-125,200	739,300	-108,300	-103,700	-98,800	-89,400	-82,100	-80,700	-78,000	-203,851	-61,464	-62,932	67,747	65,475	74,015	83,466	82,544	78,376	74,365	73,067	65,652	73,976	74,356	78,794	71,459	67,657	84,119	83,848	82,706	38,563	34,107
Income from continuing operations before income taxes
25,400	167,400	164,200	193,800	213,000	368,400	343,000	263,100	240,500	287,800	333,600	213,900	227,200	61,900	312,700	216,900	245,500	274,700	205,400	205,000	246,500	144,070	260,177	219,608	214,045	184,264	214,753	185,714	208,681	138,355	190,106	167,476	186,967	107,326	153,323	112,997	140,449	72,976	85,890	76,532	75,492	54,983	46,472
(Benefit) provision for income taxes
-4,600	37,000	42,600	51,400	34,800	111,900	54,300	39,300	64,000	35,900	100,400	76,200	80,800	51,400	105,200	76,200	86,600	94,500	75,000	75,000	81,700	67,854	95,229	80,419	78,298	66,391	81,875	69,274	79,702	54,694	70,561	63,655	71,738	41,420	59,342	43,974	54,073	24,371	32,831	29,212	28,838	9,666	18,085
Net income
-	-	-	-	-	-	-	-	-	-	-	-	-	10,500	207,500	140,700	158,900	180,200	130,400	130,000	164,800	76,216	164,948	139,189	135,747	117,873	132,878	116,440	128,979	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Less: Net income attributable to non-controlling interest
-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	1,800	6,000	2,000	-1,300	2,200	8,997	706	1,745	-1,648	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income from continuing operations
30,000	130,400	121,600	142,400	178,200	256,500	288,700	223,800	176,500	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	45,317	28,387
Loss from discontinued operations, net of taxes
-	-32,900	-229,200	-3,400	-29,100	28,400	7,800	-6,000	-12,600	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	479	1,049
Loss from discontinued operations (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.01	0.02
Net income
30,000	97,500	-107,600	139,000	149,100	284,900	296,500	217,800	163,900	271,400	233,200	137,700	146,400	10,500	207,500	140,700	157,100	174,200	128,400	131,300	162,600	67,219	164,242	137,444	137,395	117,873	132,878	116,440	128,979	83,661	119,545	103,821	115,229	65,906	93,981	69,023	86,376	46,704	53,059	47,320	46,654	45,796	29,436
Basic income (loss) per share (Note 3):
Income from continuing operations (in dollars per share)
0.63	2.73	2.47	2.72	3.36	4.73	5.27	4.05	3.19	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.86	0.50
Loss from discontinued operations (in dollars per share)
-	-0.70	-4.69	-0.07	-0.55	0.52	0.14	-0.11	-0.23	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income per share (in dollars per share)
0.63	2.03	-2.22	2.65	2.81	5.25	5.41	3.94	2.96	4.88	4.21	2.48	2.60	0.21	3.56	1.24	2.36	2.36	2.09	2.12	2.34	0.75	2.84	2.54	2.59	2.40	2.73	2.37	2.59	1.68	2.39	2.07	2.30	1.32	1.86	1.35	1.69	0.90	1.01	0.89	0.89	0.87	0.52
Diluted income (loss) per share (Note 3):
Income from continuing operations (in dollars per share)
0.63	2.74	2.41	2.71	3.35	4.71	5.25	4.04	3.17	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.82	0.49
Loss from discontinued operations (in dollars per share)
-	-0.69	-4.54	-0.07	-0.55	0.51	0.14	-0.11	-0.22	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss from discontinued operations (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.01	0.02
Net income per share (in dollars per share)
0.63	2.05	-2.13	2.64	2.80	5.22	5.39	3.93	2.95	4.85	4.20	2.47	2.58	0.20	3.55	1.24	2.35	2.34	2.08	2.11	2.32	0.86	2.74	2.19	2.08	1.78	2.01	1.71	1.92	1.25	1.84	1.63	1.86	1.10	1.60	1.19	1.56	0.85	0.96	0.83	0.84	0.83	0.51
Weighted average shares (Note 3):
Basic (in shares)
47,600	46,900	48,800	51,300	53,000	54,200	54,800	55,200	55,400	55,400	55,400	55,600	56,400	57,500	58,300	58,800	59,800	61,200	61,400	61,900	63,100	60,671	57,742	54,154	53,033	49,165	48,710	49,123	49,762	49,785	49,939	50,161	50,147	49,912	50,644	51,070	51,122	104,311	52,584	53,188	52	52,841	56,918
Diluted (in shares)
47,700	47,400	50,400	52,600	53,200	54,300	55,000	55,400	55,700	55,500	55,600	55,800	56,700	58,000	58,400	59,000	60,200	61,500	61,800	62,300	63,600	60,990	59,908	62,637	66,065	65,950	66,019	68,167	67,328	65,954	65,038	63,731	61,849	59,080	58,579	58,145	55,412	110,745	55,218	56,821	55	55,136	57,808
Dividends declared per share:
-	-	-	-	-	-	-	-	-	-	0.52	0.52	0.52	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-