Sothebys (BID)
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'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Mar'10Sep'09Jun'09
Revenues:
Finance

57,713

53,479

47,272

43,887

44,059

44,333

48,051

50,937

49,896

49,337

50,728

52,716

53,542

55,337

52,557

50,489

47,864

43,848

40,018

33,013

28,358

24,605

22,026

21,277

20,638

20,046

19,065

17,707

15,743

14,094

12,698

12,038

12,139

11,148

9,987

9,685

8,808

9,121

0

0

0

License fees

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

8,259

7,785

7,413

6,902

6,763

6,907

6,409

6,124

5,648

5,010

4,688

5,228

5,026

4,559

4,418

3,682

3,539

3,368

0

0

0

Other

-

-

-

-

-

-

-

-

-

17,873

17,948

17,965

20,937

18,838

14,154

10,386

11,898

9,693

9,802

9,956

1,328

1,300

1,157

1,222

1,204

1,143

1,223

1,250

1,229

1,284

1,187

1,042

960

680

665

829

714

866

0

0

0

Revenues

1,003,324

1,029,551

1,013,409

1,035,740

998,797

1,059,644

1,053,867

1,057,380

1,027,865

939,349

898,155

805,377

832,509

879,009

912,350

961,494

976,897

933,106

936,917

938,053

926,030

939,693

908,744

853,678

805,600

766,197

765,278

768,492

761,618

751,367

817,213

831,836

865,547

880,397

792,012

774,309

501,275

595,536

0

0

0

Expenses:
Dealer cost of sales

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

21,851

30,829

29,044

24,889

24,286

21,136

0

0

0

Marketing

26,537

24,353

24,083

23,897

24,404

25,513

25,188

25,377

23,970

22,136

20,593

19,695

20,277

19,945

20,285

19,332

18,368

17,677

17,493

16,566

17,657

19,638

20,933

22,487

20,952

19,395

18,147

17,857

16,928

16,231

14,916

15,059

14,110

13,827

13,782

12,207

10,447

10,981

0

0

0

Salaries and related

356,482

354,496

340,613

342,687

343,958

339,902

331,724

318,555

311,098

318,351

305,038

307,659

288,685

275,111

308,066

302,825

316,466

318,457

308,108

310,934

315,996

319,079

302,511

297,450

282,655

274,131

277,742

273,273

268,893

261,170

272,798

268,530

279,796

280,794

258,611

253,271

210,798

213,432

0

0

0

General and administrative

188,306

185,985

184,389

180,360

179,929

180,121

177,812

172,950

170,212

167,084

164,631

161,356

157,504

156,273

160,095

159,148

163,040

162,714

156,193

158,796

159,840

162,618

168,779

175,458

170,416

167,820

163,312

158,220

167,029

166,453

166,848

161,097

149,935

142,254

134,372

132,566

122,043

122,692

0

0

0

Depreciation, Depletion and Amortization

30,491

28,225

27,639

27,048

27,443

27,436

25,769

24,053

22,370

22,089

21,905

21,817

21,251

20,706

19,995

19,481

19,649

19,925

20,210

20,575

20,563

20,331

20,066

19,435

18,940

18,705

18,238

17,942

18,045

17,816

17,723

17,604

16,991

16,382

16,222

16,492

17,771

19,006

0

0

0

Business Combination, Acquisition Related Costs

0

0

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Voluntary separation incentive programs, net

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Restructuring Charges

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

-

-

-

-

0

0

0

-

0

-

-

-

0

0

-

-

0

0

-

-

0

0

-

0

0

CEO separation and transition costs (see Note 23)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,232

11,834

11,834

11,791

7,591

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Special charges (net) (see Note 25)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

20,008

21,488

25,657

7,103

1,400

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total expenses

854,928

847,927

842,546

854,395

832,093

903,329

867,223

891,705

877,428

814,730

757,608

682,761

712,723

714,056

761,022

759,773

734,751

706,722

696,560

712,009

684,042

694,597

660,765

631,103

603,311

567,456

563,466

554,073

554,510

551,835

565,401

560,365

555,889

554,401

514,965

500,311

421,093

437,907

0

0

0

Operating (loss) income

148,396

181,624

170,863

181,345

166,704

156,315

186,644

165,675

150,437

124,619

140,547

122,616

119,786

164,953

151,328

201,721

242,146

226,384

240,357

226,044

241,988

245,096

247,979

222,575

202,289

198,741

201,812

214,419

207,108

199,532

251,812

271,471

309,658

325,996

277,047

273,998

80,182

157,629

0

0

0

Interest income

1,102

1,191

1,387

1,467

1,631

1,407

1,292

1,184

1,230

1,247

1,155

1,294

1,504

1,688

2,043

1,776

1,682

1,824

1,596

1,883

1,982

1,792

2,831

2,801

2,706

2,555

1,327

1,550

1,437

1,687

2,021

4,002

4,279

4,138

3,976

1,739

1,987

3,149

0

0

0

Interest expense

51,156

48,532

43,822

39,984

37,337

35,320

33,998

32,218

30,749

30,231

30,297

30,310

30,305

30,194

31,630

32,745

34,054

35,373

35,067

35,189

35,456

35,611

38,980

42,712

47,311

48,789

46,836

44,429

40,903

40,843

41,218

41,498

42,920

44,430

45,588

46,819

46,777

46,368

0

0

0

Write-off of credit facility fees

0

0

-

-

0

0

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

Gain (Loss) on Extinguishment of Debt

0

0

0

-10,855

-10,855

-10,855

-10,855

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

Non-operating income

2,331

4,350

5,112

4,688

7,972

7,930

6,425

7,045

8,198

5,701

5,131

3,134

3,431

682

553

-1,453

-4,237

-683

-234

283

1,206

750

-112

3,029

3,038

3,652

2,873

2,916

2,789

107

289

-1,057

253

3,455

3,287

2,952

5,667

2,105

0

0

0

Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Noncontrolling Interest

100,673

138,633

129,558

132,679

124,133

115,495

149,508

141,686

129,116

101,336

116,536

96,734

94,416

137,129

122,294

169,299

205,537

192,152

206,652

193,021

209,720

212,027

211,718

185,693

145,702

141,139

144,156

159,436

170,431

158,954

211,375

231,389

263,450

282,868

232,431

225,579

38,570

112,765

0

0

0

Income tax (benefit) expense

21,387

34,772

25,802

27,652

28,510

14,941

28,571

25,415

25,011

28,564

31,451

25,957

98,304

106,001

114,435

131,145

82,894

76,799

79,354

75,761

75,591

80,066

65,429

55,702

40,434

38,291

47,577

51,395

56,975

42,610

53,423

60,032

67,520

76,778

67,220

65,273

32,197

74,919

0

0

0

Income (Loss) from Equity Method Investments

2,987

3,932

4,313

3,591

3,990

3,415

2,647

2,508

3,489

3,808

3,533

3,262

1,181

2,788

4,579

5,327

6,005

3,474

1,722

732

676

411

167

15

76

62

32

251

225

183

379

59

255

453

337

644

530

599

0

0

0

Net Income (Loss), Including Portion Attributable to Noncontrolling Interest

82,273

107,793

108,069

108,618

99,613

103,969

123,584

118,779

107,594

76,580

88,618

74,039

-2,707

33,916

12,438

43,481

128,648

118,827

129,020

117,992

134,805

132,372

146,456

130,006

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Less: Net loss attributable to noncontrolling interest

-15

-16

-16

-16

-18

-21

-15

-17

5

-18

-53

-73

-164

-117

-203

-246

-235

-224

-91

197

260

232

219

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net Income (Loss) Attributable to Parent

82,288

107,809

108,085

108,634

99,631

103,990

123,599

118,796

107,589

76,598

88,671

74,112

-2,543

34,033

12,641

43,727

128,883

119,051

129,111

117,795

134,545

132,140

146,237

130,006

105,344

102,910

96,611

108,292

113,681

116,527

158,331

171,416

196,185

206,543

165,548

160,950

6,903

38,445

0

0

0

Basic and diluted loss per share - Sotheby’s common shareholders (USD per share)

-

-

-0.15

-

-

-

-0.12

-

-

-

-0.21

-

-

-

-0.41

-

-

-

0.07

-

-

-

-0.09

-

-

-

-0.33

-

-

-

-0.16

-

-

-

-

-

-

-

-

-

-

Weighted average basic and diluted shares outstanding (in shares)

-

-

46,422

-

-

-

52,464

-

-

-

53,016

-

-

-

63,022

-

-

-

-

-

-

-

-

-

-

-

67,951

-

-

-

67,457

-

-

-

-

-

-

-

-

-

-

Basic (loss) earnings per share - Sotheby’s common shareholders (USD per share)

-1.14

1.21

-

-

-0.55

1.09

-

-

-0.45

1.44

-

-

-0.99

1.54

-

-

-0.26

0.97

-

-

-0.40

1.12

-

-

-0.44

1.34

-

-

-0.48

1.26

-

1.05

-0.44

1.87

0.04

1.42

-0.29

1.27

-0.03

-0.89

0.18

Diluted (loss) earnings per share - Sotheby's common shareholders (USD per share)

-1.14

1.20

-

-

-0.55

1.08

-

-

-0.45

1.43

-

-

-0.99

1.52

-

-

-0.26

0.96

-

-

-0.40

1.11

-

-

-0.44

1.33

-

-

-0.48

1.24

-

1.06

-0.44

1.81

0.03

1.40

-0.29

1.26

-0.03

-0.89

0.18

Weighted Average Number of Shares Outstanding, Basic

46,616

46,614

-

-

50,927

51,780

-

-

52,532

52,716

-

-

55,013

57,104

-

-

67,946

69,332

69,090

-

68,990

68,938

69,143

-

68,361

68,306

-

-

67,771

67,753

-

-

67,410

67,405

66,968

-

66,377

66,337

65,995

65,295

65,207

Weighted Average Number of Shares Outstanding, Diluted

46,616

47,124

-

-

50,927

52,210

-

-

52,532

53,054

-

-

55,013

57,712

-

-

67,946

69,884

69,705

-

68,990

69,491

69,143

-

68,361

68,889

-

-

67,771

68,416

-

-

67,410

69,491

69,007

-

66,377

67,041

65,995

65,295

65,347

Cash dividends declared per common share (usd per share)

-

-

-

-

-

-

-

-

-

-

-

0.00

0.00

0.00

0.00

0.00

0.10

0.10

0.10

0.00

0.10

0.10

4.44

0.00

0.10

0.00

0.00

0.00

0.08

0.08

0.08

0.00

0.05

0.05

0.05

0.00

0.05

0.05

0.05

0.05

0.05

Agency
Revenues from contracts with customers

874,309

905,180

873,915

891,774

868,400

852,943

863,832

809,571

760,016

730,037

702,033

671,833

690,553

708,490

745,103

791,920

817,063

824,070

829,880

825,126

843,136

843,836

822,592

793,639

736,006

718,788

713,996

717,231

722,169

715,374

778,787

791,738

827,330

829,518

745,755

731,021

460,532

556,435

0

0

0

Cost of Revenue

191,631

195,406

181,021

184,491

169,411

168,724

164,117

150,133

122,466

108,673

85,074

73,324

85,118

88,132

89,619

91,919

91,193

89,039

87,926

86,524

85,662

86,939

86,582

84,594

73,729

70,675

66,723

65,665

68,136

68,994

67,979

69,507

68,657

68,122

62,988

60,940

35,424

45,385

0

0

0

Inventory sales
Revenues from contracts with customers

51,946

51,491

73,338

80,808

69,007

144,010

123,841

178,982

199,244

142,102

127,446

62,863

71,919

100,786

102,510

108,699

79,487

34,994

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cost of Revenue

46,298

45,195

72,274

81,103

73,822

146,234

126,075

181,487

206,443

157,325

142,451

81,782

86,445

100,507

110,115

111,090

100,398

64,719

55,248

68,037

43,211

57,629

54,109

30,307

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other
Revenues from contracts with customers

19,356

19,401

18,884

19,271

19,228

0

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

40,989

19,313

24,585

26,180

16,829

15,605

19,853

21,790

20,092

34,492

31,187

29,092

27,682

25,746

0

0

0

Financial Service [Member]
Cost of Revenue

0

0

1,793

4,056

7,199

13,253

16,538

19,312

20,927

19,306

18,381

17,738

17,216

17,065

16,786

15,780

14,916

13,268

11,418

8,740

5,368

2,734

710

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-