ALLIANCE DATA SYSTEMS CORP ADS Income Statement

Alliance data systems corp (ADS)

Income statement / TTM

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
188	215	235	239	276	295	-1,263	-675	-151	367	2,564	2,548	2,526	2,504	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Redemption, net
646	637	642	662	656	676	732	779	816	935	802	888	966	993	1,117	1,042	998	1,028	1,055	1,067	1,117	1,053	901	801	670	587	574	586	607	635	640	637	611	572	581	560	554	543	507	501	0	0	0
Transaction
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	349	353	346	337	334	331	330	329	311	302	300	300	304	304	296	290	292	286	285	285	304	331	0	0	0
Securitization income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Finance charges, net
4,793	4,728	4,706	4,668	4,686	4,694	4,594	4,448	4,312	4,171	4,073	3,976	3,848	3,639	3,415	3,198	2,999	2,871	2,732	2,592	2,446	2,303	2,181	2,090	2,015	1,956	1,902	1,829	1,744	1,643	1,550	1,481	1,436	1,402	1,371	1,333	1,320	1,284	969	653	0	0	0
Marketing services
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,852	1,707	1,581	1,438	1,371	1,352	1,322	1,289	1,212	1,103	1,013	931	899	904	867	806	740	677	630	602	556	509	0	0	0
Other revenue
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	186	186	178	169	170	159	159	156	148	143	137	130	122	122	113	101	95	81	77	75	80	85	0	0	0
Total revenue
5,628	5,581	5,584	5,570	5,619	5,666	4,063	4,552	4,977	5,474	7,440	7,414	7,341	7,138	7,059	6,762	6,514	6,439	6,176	5,906	5,671	5,302	4,958	4,735	4,498	4,319	4,149	3,964	3,803	3,641	3,517	3,450	3,324	3,173	3,081	2,939	2,868	2,791	2,517	2,272	0	0	0
Operating expenses
Cost of operations (exclusive of depreciation and amortization disclosed separately below)
2,546	2,687	2,680	2,647	2,586	2,537	1,185	1,598	2,019	2,469	4,322	4,301	4,315	4,276	4,104	3,959	3,828	3,814	3,683	3,549	3,436	3,218	3,004	2,865	2,701	2,549	2,441	2,312	2,200	2,106	2,031	2,009	1,934	1,811	1,753	1,661	1,588	1,545	1,431	1,372	0	0	0
Provision for loan loss
1,591	1,187	976	875	930	1,016	1,178	1,186	1,162	1,140	1,097	1,144	1,083	940	857	777	705	668	605	548	489	425	412	388	349	345	317	308	302	285	284	274	281	300	314	333	367	387	0	0	0	-	-
General and administrative
136	150	168	180	169	162	155	150	146	159	156	159	160	143	138	137	135	138	152	150	137	141	126	120	120	109	116	107	106	108	103	104	98	95	90	84	84	85	93	93	0	0	0
Regulatory settlement
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation and other amortization
76	79	80	81	82	80	-3	22	48	73	180	176	172	167	160	154	148	142	135	126	117	109	102	95	90	84	80	77	75	73	71	72	71	70	71	68	68	67	65	63	0	0	0
Amortization of purchased intangibles
91	96	99	103	109	112	-37	12	63	114	321	328	336	345	349	352	350	350	320	281	242	203	177	162	147	131	127	117	105	93	86	86	85	82	79	77	76	75	72	67	0	0	0
Loss on extinguishment of debt
-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Merger (reimbursements) costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Total operating expenses
4,514	4,273	4,078	3,887	3,877	3,909	2,479	2,969	3,439	3,956	6,078	6,109	6,067	5,872	5,609	5,446	5,233	5,177	5,066	4,762	4,530	4,204	3,822	3,632	3,409	3,220	3,083	2,923	2,790	2,667	2,578	2,548	2,471	2,360	2,309	2,224	2,185	2,162	1,934	1,779	0	0	0
Operating income
1,114	1,307	1,506	1,682	1,741	1,757	1,584	1,583	1,537	1,517	1,362	1,304	1,273	1,265	1,450	1,316	1,281	1,261	1,110	1,144	1,141	1,098	1,135	1,102	1,089	1,098	1,065	1,041	1,012	974	938	902	853	812	772	714	682	629	582	492	0	0	0
Interest expense
Securitization funding costs
206	213	217	221	225	220	210	192	173	156	144	137	130	125	117	109	103	97	94	94	91	91	91	91	93	95	96	97	94	92	98	105	118	126	206	219	227	155	0	0	0	-	-
Interest expense on deposits
237	225	214	195	178	165	153	142	134	125	112	101	93	84	76	67	59	53	48	44	40	37	33	31	30	29	27	27	26	25	24	23	23	23	23	25	27	29	29	28	0	0	0
Interest expense on long-term and other debt, net
120	130	136	147	150	156	86	123	153	173	269	249	231	218	206	197	188	179	165	149	137	131	133	147	166	181	193	194	187	173	163	157	151	148	145	140	135	133	131	125	0	0	0
Total interest expense, net
563	569	567	564	554	542	700	708	712	455	896	643	402	428	-400	-374	-351	-330	-444	-424	-406	-260	8	144	290	305	318	318	308	291	287	287	292	298	292	302	307	318	289	239	0	0	0
Income from continuing operations before income taxes
550	738	939	1,118	1,187	1,215	1,134	1,125	1,075	1,062	836	815	818	837	1,049	942	930	931	800	855	870	837	878	832	798	793	747	722	704	682	651	615	560	514	479	412	375	310	292	253	0	0	0
(Benefit) provision for income taxes
126	165	240	252	240	269	193	239	276	293	308	313	313	319	362	332	331	326	299	319	325	321	320	306	295	297	285	274	268	260	247	236	216	198	181	155	140	115	100	85	0	0	0
Net income
-	-	-	-	-	-	-	-	-	-	-	-	-	517	687	610	599	605	501	535	545	516	557	525	502	496	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Less: Net income attributable to non-controlling interest
-	-	-	-	-	-	-	-	-	-	-	-	-	1	7	9	8	8	11	10	13	9	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income from continuing operations
424	572	698	865	947	945	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Loss from discontinued operations, net of taxes
-	-294	-233	3	1	17	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Loss from discontinued operations (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.01	0.02
Net income
158	278	465	869	948	963	949	886	806	788	527	502	505	515	679	600	591	596	489	525	531	506	556	525	504	496	461	448	436	422	404	378	344	315	296	255	233	193	192	169	0	0	0
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	46	48	51	53	54	54	55	55	55	55	55	56	57	58	58	59	61	61	61	63	60	57	54	53	49	48	49	49	49	49	50	50	49	50	51	51	104	52	53	0	52	56
Diluted (in shares)
47	47	50	52	53	54	55	55	55	55	55	55	56	58	58	59	60	61	61	62	63	60	59	62	66	65	66	68	67	65	65	63	61	59	58	58	55	110	55	56	0	55	57
Dividends declared per share:
-	-	-	-	-	-	-	-	-	-	0.52	0.52	0.52	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-