Atlanticus holdings corp (ATLC)
Income statement / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Sep'10Jun'10
Interest income:
Consumer loans, including past due fees

103,056

84,878

70,473

55,091

50,390

45,643

41,901

37,743

35,681

33,031

28,985

26,613

25,859

24,726

24,053

21,462

18,148

18,655

16,863

16,869

17,443

17,505

18,481

17,387

19,957

14,785

17,975

16,681

19,824

17,764

20,054

22,853

25,130

28,019

34,833

38,855

42,624

60,609

69,179

Other

91

100

108

109

69

63

51

41

45

41

34

43

101

45

36

60

92

35

10

10

32

21

51

37

237

28

33

84

111

278

323

206

202

172

240

452

322

416

337

Total interest income

103,147

84,978

70,581

55,200

50,459

45,706

41,952

37,784

35,726

33,072

29,019

26,656

25,960

24,771

24,089

21,522

18,240

18,690

16,873

16,879

17,475

17,526

18,532

17,424

20,194

14,813

18,008

16,765

19,935

18,042

20,377

23,059

25,332

28,191

35,073

39,307

42,946

61,025

69,516

Interest expense

13,584

14,471

13,099

12,014

11,146

10,655

9,281

8,807

8,153

8,196

7,268

6,419

5,817

5,514

5,257

4,792

4,644

4,591

4,653

4,529

4,557

5,601

6,106

6,158

6,187

6,235

5,999

5,866

5,772

5,542

7,406

7,325

10,851

10,240

10,282

11,355

11,951

11,600

16,202

Net interest income before fees and related income on earning assets and provision for losses on loans, interest and fees receivable

89,563

70,507

57,482

43,186

39,313

35,051

32,671

28,977

27,573

-

21,751

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net interest income before fees and related income on earning assets and provision for losses on loans and fees receivable

-

-

-

-

-

-

-

-

-

-

-

20,237

20,143

19,257

18,832

16,730

13,596

14,099

12,220

12,350

12,918

11,925

12,426

11,266

14,007

8,578

12,009

10,899

14,163

12,500

12,971

15,734

14,481

17,951

24,791

27,952

30,995

49,425

53,314

Fees and related income on earning assets

19,776

24,311

20,435

15,137

11,264

7,148

9,536

7,094

6,214

3,351

4,166

3,971

2,801

3,476

75

5,878

7,887

10,535

16,677

12,751

13,219

13,080

20,669

22,196

32,885

33,702

18,382

10,219

6,806

1,205

3,703

14,431

49,867

-11,944

14,755

32,532

59,222

68,924

116,930

Net losses upon impairment of loans, interest and fees receivable recorded at fair value

266

182

190

271

254

-1,847

1,957

-1,352

1,791

-

-2,393

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Provision for losses on loans, interest and fees receivable recorded at net realizable value

67,336

99,844

65,527

48,414

34,598

35,073

32,798

16,476

15,991

-

24,087

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net interest income, fees and related income on earning assets

41,737

-5,208

12,200

9,638

15,725

8,973

7,452

20,947

16,005

-

4,223

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net recovery of (losses upon) charge off of loans and fees receivable recorded at fair value

-

-

-

-

-

-

-

-

-

-

-

-519

-7,851

-9,489

-1,556

-6,140

-4,911

-10,140

-8,375

-9,991

-10,372

-6,537

-150

-50

1,885

1,082

3,329

4,351

5,798

8,435

8,790

17,275

55,628

-

-

-

-

-

-

Losses upon charge off of loans and fees receivable recorded at fair value

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

8,790

-

-

22,271

28,019

36,342

52,848

86,971

152,597

Provision for losses on loans and fees receivable recorded at net realizable value

-

-

-

-

-

-

-

-

-

-

-

15,744

10,653

20,709

17,470

10,811

4,731

8,603

8,876

5,961

3,168

8,102

8,120

6,731

7,875

9,045

10,681

6,670

3,282

2,942

5,373

5,952

2,503

235

96

-82

840

8,330

5,070

Net interest income, fees and related income on earning assets

-

-

-

-

-

-

-

-

-

-

-

8,983

20,142

11,513

2,993

17,937

21,663

26,171

28,396

29,131

33,341

23,440

25,125

26,781

37,132

32,153

16,381

10,097

11,889

2,328

2,511

6,938

6,217

-16,499

11,431

24,224

36,529

23,048

12,577

Other operating income:
Servicing income

2,726

4,581

4,131

2,982

2,060

1,725

1,280

1,403

1,148

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Servicing income

-

-

-

-

-

-

-

-

-

-

-

861

1,089

774

885

981

1,447

930

1,124

1,390

1,560

1,378

1,058

1,234

1,240

1,300

1,713

2,604

2,601

12,999

1,002

968

1,264

688

767

860

966

1,621

1,807

Other income

2,122

42,003

30,486

28,570

16,844

37,635

898

771

516

480

590

240

109

106

69

75

70

118

76

92

267

74

689

254

1,067

-127

1,069

316

2,136

466

570

639

812

-

-

-

-

-

-

Gain on repurchase of convertible senior notes

-

-

5,127

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Ancillary and interchange revenues

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

570

-

-

-

1,429

2,463

2,502

2,728

2,763

Gains (Losses) on Extinguishment of Debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

1,037

-

-

0

0

-

-

-

-

-

-

-

-

-

-

0

-

-

-

138

201

268

5,681

8,797

Gain on buy-out of equity-method investee members

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

0

0

619

0

0

Equity in income (loss) of equity-method investee

-66

265

284

225

227

90

-49

531

9

256

164

404

334

194

629

325

1,002

567

431

707

1,075

1,800

1,936

841

2,406

1,093

2,080

957

4,307

-624

356

3,539

6,017

3,900

6,630

3,823

18,304

-1,372

-9,391

Total other operating income

2,660

42,637

36,253

29,170

17,757

38,048

1,231

1,934

1,157

1,606

1,788

1,505

1,532

1,188

1,583

2,418

2,519

1,615

1,631

2,189

2,902

15,320

3,683

2,329

4,713

2,266

4,862

3,877

9,044

12,841

1,928

5,146

8,093

4,038

8,964

7,347

22,659

8,658

3,976

Other operating expense:
Salaries and benefits

7,510

6,774

6,429

6,435

6,591

5,692

5,838

5,602

6,298

5,649

5,589

5,733

5,780

5,784

6,329

6,181

5,732

6,683

4,700

4,322

4,120

5,471

4,544

4,664

5,098

4,631

4,421

4,371

4,409

5,323

2,523

4,800

5,667

3,672

4,520

6,277

6,553

7,454

8,314

Card and loan servicing

15,837

14,336

13,152

11,527

10,444

9,767

9,286

8,928

9,164

-

8,394

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cost of Services

-

-

-

-

-

-

-

-

-

-

-

7,547

7,137

7,362

7,027

7,285

8,988

7,443

9,749

9,608

10,271

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Card and loan servicing

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

11,383

12,956

13,778

12,859

11,732

10,849

10,679

9,477

10,428

10,726

10,464

-3,905

11,043

18,387

19,820

21,010

25,205

Marketing and solicitation

9,317

10,134

10,757

9,110

6,387

4,036

3,649

2,093

2,346

3,526

2,930

4,413

2,201

2,530

587

932

855

706

711

332

486

459

529

631

762

2,139

2,059

2,586

1,935

1,327

223

630

816

1,234

1,181

768

437

593

427

Depreciation

285

281

284

283

289

289

234

235

229

232

236

243

310

428

794

2,099

4,156

7,599

10,372

9,961

12,846

15,530

11,285

16,573

25,708

12,066

5,108

418

373

448

1,518

348

428

355

504

1,785

1,998

2,685

3,001

Other

-4,801

-3,964

-1,333

-4,021

-3,878

-3,708

-5,725

-5,446

-3,700

-4,420

-3,352

-5,776

-4,901

-902

-3,570

-2,928

299

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,530

4,969

4,261

7,172

9,671

5,973

4,791

5,540

6,192

5,365

5,078

6,078

5,932

5,557

6,223

6,975

4,743

7,231

7,172

6,964

8,727

14,943

Total other operating expense

37,750

35,489

31,955

31,376

27,589

23,492

24,732

22,304

21,737

22,283

20,501

23,712

20,329

17,006

18,307

19,425

19,432

27,961

30,501

28,484

34,895

41,613

33,714

39,615

50,886

37,887

28,685

23,302

23,474

22,507

20,249

22,727

24,350

6,099

24,479

34,389

35,772

40,469

51,890

Income before income taxes

6,647

1,940

16,498

7,432

5,893

-

-16,049

577

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income (loss) before income taxes

-

-

-

-

-

-

-

-

-4,575

-20,881

-14,490

-13,224

1,345

-4,305

-13,731

930

4,750

-175

-474

2,836

1,348

-2,853

-4,906

-10,505

-9,041

-3,468

-7,442

-9,328

-2,541

-7,338

-15,810

-10,643

-10,040

-18,560

-4,084

-2,818

23,416

-8,763

-35,337

Income tax (expense) benefit

1,285

-413

3,478

2,250

238

603

121

-4,998

144

-2,531

-22

-4,443

618

-2,204

-4,666

657

198

1,910

-903

1,440

-618

-38,227

940

673

1,982

-7,465

1,443

462

446

-8,700

-3,936

-1,257

-1,716

-2,737

619

850

274

-1,648

-993

Loss on continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,362

-11,874

-9,386

-8,324

-15,823

-4,703

-3,668

23,142

-7,115

-34,344

Income from discontinued operations before income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

7,762

50,151

5,276

5,874

18,759

6,167

106,214

8,923

10,688

5,769

Income tax expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

7,454

5,353

1,846

2,056

-195

42

1,788

2,312

2,248

1,034

Income from discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

308

44,798

3,430

3,818

18,954

6,125

104,426

6,611

8,440

4,735

Net income

5,362

2,353

13,020

5,182

5,655

22,926

-16,170

5,575

-4,719

-18,350

-14,468

-8,781

727

-2,101

-9,065

273

4,552

-2,085

429

1,396

1,966

35,374

-5,846

-11,178

-11,023

3,997

-8,885

-9,790

-2,987

1,670

32,924

-5,956

-4,506

3,131

1,422

100,758

29,753

1,325

-29,609

Net loss attributable to noncontrolling interests

-63

-56

-57

-62

-58

-62

-78

-55

-49

-92

-1

3

-1

-1

0

-4

-1

-1

-4

-1

-1

-1

0

0

151

-3

-1

59

21

253

-287

-211

-74

34

-277

-8

1,298

-436

-650

Net income attributable to controlling interests

5,425

2,409

13,077

5,244

5,713

22,988

-16,092

5,630

-4,670

-18,258

-14,467

-8,784

728

-2,100

-9,065

277

4,553

-2,084

433

1,397

1,967

35,375

-5,846

-11,178

-11,174

4,000

-8,884

-9,849

-3,008

1,417

33,211

-5,745

-4,432

3,097

1,699

100,766

28,455

1,761

-28,959

Preferred dividends

2,759

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income attributable to common shareholders

2,666

-

-

-

5,713

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss on continuing operations attributable to controlling interests per common share-basic (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.06

-0.60

-0.42

-0.37

-0.34

-0.19

-0.16

0.65

-0.16

-0.83

Loss on continuing operations attributable to controlling interests per common share-diluted (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.06

-0.60

-0.42

-0.37

-0.33

-0.19

-0.16

0.64

-0.16

-0.83

Income from discontinued operations attributable to controlling interests per common sharebasic (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.07

2.32

0.16

0.17

0.22

0.27

4.61

0.15

0.21

0.10

Income from discontinued operations attributable to controlling interests per common sharediluted (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.06

2.32

0.16

0.17

0.22

0.27

4.59

0.15

0.21

0.10

Net income attributable to common shareholders per common share—basic (in dollars per share)

0.18

0.08

0.90

0.36

0.40

1.65

-1.16

0.41

-0.34

-1.31

-1.04

-0.63

0.05

-0.16

-0.65

0.02

0.33

-0.15

0.03

0.10

0.14

2.52

-0.42

-0.80

-0.79

0.29

-0.65

-0.71

-0.22

0.01

1.72

-0.26

-0.20

-0.12

0.08

4.45

0.80

0.05

-0.73

Net income attributable to common shareholders per common share—diluted (in dollars per share)

0.17

0.09

0.83

0.35

0.39

1.65

-1.16

0.41

-0.34

-1.31

-1.04

-0.63

0.05

-0.16

-0.65

0.02

0.33

-0.15

0.03

0.10

0.14

2.52

-0.42

-0.80

-0.79

0.29

-0.65

-0.71

-0.22

0.00

1.72

-0.26

-0.20

-0.11

0.08

4.43

0.79

0.05

-0.73

Servicing Income [Member]
Servicing income

604

369

356

375

686

323

382

632

632

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-