Choice hotels international inc /de (CHH)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09Dec'08
REVENUES
Revenues

1,114,820

1,041,304

941,297

807,909

-

-

-

-

-

-

-

-

Hotel operations

-

-

-

-

-

-

-

-

-

4,031

4,140

4,936

Revenues

1,114,820

1,041,304

941,297

-

859,878

757,970

724,650

692,728

640,602

596,076

564,178

641,680

OPERATING EXPENSES
Selling, general and administrative

168,833

170,027

165,821

154,720

134,254

121,418

111,713

101,879

106,436

94,540

99,237

118,989

Depreciation and amortization

18,828

14,330

6,680

6,996

11,542

9,365

9,056

7,691

7,497

8,342

8,336

8,184

Marketing and reservation system

579,139

534,266

479,400

459,765

488,763

412,619

407,633

389,678

354,152

329,246

305,379

336,477

Owned hotels

14,448

0

0

-

-

-

-

-

-

-

-

-

Hotel operations

-

-

-

-

-

-

-

-

-

3,186

3,153

3,434

Total operating expenses

781,248

718,623

651,901

621,481

634,559

543,402

528,402

499,248

468,085

435,314

416,105

467,084

Goodwill, Impairment Loss

3,097

4,289

0

0

-

-

-

-

-

-

-

-

Impairment of Long-Lived Assets Held-for-use

7,259

0

0

-

-

-

-

-

-

-

-

-

Loss on sale of business

-4,700

0

0

-

-

-

-

-

-

-

-

-

Gain on sale of assets, net

100

82

257

627

0

0

-

-

-

-

-

-

Operating Income (Loss)

318,642

318,474

289,653

187,055

225,319

214,568

196,248

193,480

172,517

160,762

148,073

174,596

OTHER INCOME AND EXPENSES, NET
Interest expense

46,807

45,908

45,039

44,446

42,833

41,486

42,537

27,189

12,939

6,680

4,414

10,932

Interest income

9,996

7,452

5,920

3,535

1,580

1,761

2,547

1,540

1,306

548

264

-

Loss on extinguishment of debt

-7,188

0

0

-

-

-

-

-526

0

0

-

-

Other losses (gains)

4,862

-1,437

3,229

1,504

820

-427

1,780

1,989

-2,442

2,355

5,598

-

Interest and other investment (income) loss

-

-

-

-

-

-

-

-

-

-

-

-7,760

Equity in net loss of affiliates

-9,576

-5,323

-4,546

492

-901

-658

634

212

269

1,226

1,113

1,414

Total other income and expenses, net

-48,713

-45,216

-40,436

-38,915

-41,334

-40,810

-37,576

-23,974

-13,806

-2,551

2,561

-17,278

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

269,929

273,258

249,217

148,140

183,985

173,758

158,672

169,506

158,711

158,211

150,634

157,318

Income Tax Expense (Benefit)

47,051

56,903

126,890

41,428

55,956

52,285

45,322

48,228

47,878

50,770

52,384

57,107

Income from continuing operations, net of income taxes

-

-

-

-

-

121,473

113,350

121,278

110,833

-

-

-

Income from discontinued operations, net of income taxes

-

-

-

-

-

1,687

359

335

228

-

-

-

Net Income (Loss) Attributable to Parent

222,878

216,355

122,327

106,712

128,029

123,160

113,709

121,613

111,061

107,441

98,250

100,211

Earnings Per Share, Basic [Abstract]
Income (Loss) from Continuing Operations, Per Basic Share

4.00

3.83

2.16

1.90

2.24

2.08

1.94

2.09

-

-

-

-

Basic earnings per share, Discontinued operations (in dollars per share)

-

-

-

-

-

0.03

0.00

0.00

-

-

-

-

Basic earnings per share (in dollars per share)

-

-

-

-

-

2.11

1.94

2.09

1.87

1.80

1.64

1.61

Diluted earnings per share:
Income (Loss) from Continuing Operations, Per Diluted Share

3.98

3.80

2.15

1.89

2.22

2.07

1.92

2.08

-

-

-

-

Diluted earnings per share, Discontinued operations (in dollars per share)

-

-

-

-

-

0.03

0.01

0.01

-

-

-

-

Diluted earnings per share (in dollars per share)

-

-

-

-

-

2.10

1.93

2.09

1.87

1.80

1.63

1.59

Cash dividends declared per share (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

0.71

Royalty fees
Revenues

388,151

376,676

341,745

317,699

301,508

287,538

267,812

261,680

246,475

227,979

217,984

247,435

Initial franchise and relicensing fees
Revenues

27,489

26,072

23,038

19,720

24,680

19,481

18,686

14,203

14,052

10,033

12,916

27,931

Procurement services
Revenues

61,429

52,088

40,451

35,844

27,071

23,819

20,668

17,962

18,111

17,741

17,598

17,148

Marketing and reservation system
Revenues

577,426

543,677

499,625

409,120

488,763

412,619

407,633

389,678

354,152

329,246

305,379

336,477

Other
Revenues

-

-

-

25,526

17,856

14,513

9,851

9,205

7,812

7,046

6,161

7,753

Revenues

40,043

42,791

36,438

-

-

-

-

-

-

-

-

-

Owned hotels
Revenues

20,282

0

0

-

-

-

-

-

-

-

-

-