COMPASS DIVERSIFIED HOLDINGS CODI Income Statement

Compass diversified holdings (CODI)

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	Sep'10	Jun'10
Proceeds from sale of business
0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net revenues
1,444,845	1,450,253	1,375,950	1,347,920	1,351,825	1,357,320	1,126,077	1,089,751	1,057,143	1,002,783	1,373,926	1,250,739	1,113,300	978,309	812,634	752,602	738,683	727,978	373,185	353,422	466,483	568,235	563,892	708,429	685,120	680,639	971,004	946,720	930,961	884,721	794,078	721,517	624,645	606,644	668,570	652,872	0	0	0
Cost of revenues
925,469	930,810	889,097	873,605	881,594	887,478	724,824	694,770	670,921	641,394	910,715	837,489	747,781	651,739	532,625	491,208	487,827	487,242	240,727	230,271	312,241	382,905	378,632	480,539	462,415	457,913	667,483	648,724	637,421	605,867	551,421	504,977	439,907	427,500	462,293	447,912	0	0	0
Service revenues
-	-	-	-	-	-	-	-	-	-	-	-	-	-	186,498	179,075	178,543	-	171,045	147,271	103,569	68,440	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Total net revenues
-	-	-	-	-	-	-	-	-	-	-	-	0	-	823,746	756,291	741,840	-	544,230	500,693	570,052	636,675	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Cost of service revenues
-	-	-	-	-	-	-	-	-	-	-	-	-	-	132,716	124,523	126,906	-	123,063	108,512	76,576	48,753	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Gross profit
519,376	519,443	486,853	474,315	470,231	469,842	401,253	394,981	386,222	361,389	425,144	389,834	356,784	326,570	283,583	265,738	252,285	240,736	180,440	161,910	181,235	205,017	191,458	227,890	222,705	222,726	303,521	297,996	293,540	278,854	242,657	216,540	184,738	179,144	247,553	282,415	0	0	0
Operating expenses:
Staffing expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Selling, general and administrative expense
337,584	335,181	311,431	308,981	310,182	320,085	274,804	276,031	274,093	261,516	316,230	289,074	254,266	217,830	173,820	156,482	145,660	136,399	107,991	100,908	115,043	128,190	115,358	128,599	121,513	116,549	166,056	163,010	161,917	161,141	139,981	130,954	114,347	110,031	133,907	146,067	0	0	0
Supplemental put reversal
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-45,995	-36,391	29,941	23,931	15,995	12,079	8,250	7,015	11,783	7,734	9,099	0	0	0
Management fees
34,693	37,030	39,466	41,360	43,638	43,443	39,864	37,373	34,757	31,843	32,320	32,478	30,883	29,406	27,280	25,218	25,296	25,658	26,135	25,513	23,870	21,872	19,649	18,790	18,201	17,782	17,981	17,518	17,417	17,633	17,745	18,108	17,271	16,283	15,842	14,759	0	0	0
Amortization expense
54,100	54,200	51,463	50,763	51,763	49,700	34,281	35,648	35,927	34,700	50,359	44,615	37,999	35,069	30,422	29,258	28,319	28,761	25,764	23,082	23,536	23,063	16,570	19,303	19,069	19,350	30,013	30,402	30,722	30,268	29,160	26,970	23,925	22,072	23,020	24,988	0	0	0
Goodwill, Impairment Loss
-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Impairment expense
-	-	-	-	-	-	-	-	-	8,864	24,864	24,864	24,864	16,000	0	0	0	-	-	0	0	-	0	900	0	-	0	0	-	-	-	-	-	27,769	50,135	0	0	0	-
Loss on disposal of assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating income
60,148	60,196	51,047	73,178	64,672	56,628	52,386	45,999	41,480	24,501	-619	-3,738	-432	19,061	54,012	57,282	61,917	49,918	11,385	3,242	9,879	31,892	40,781	123,401	116,313	115,040	124,962	56,225	59,553	53,817	23,623	12,189	2,111	-8,794	-4,174	-4,022	0	0	0
Other income (expense):
Interest expense, net
-48,359	-58,216	-68,378	-72,488	-67,517	-55,245	-40,047	-31,357	-26,301	-27,255	-23,946	-21,377	-20,325	-24,651	-25,081	-31,910	-27,669	-25,924	-34,666	-30,520	-32,205	-27,060	-21,519	-18,648	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-
Loss on debt extinguishment
-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	0	0	-	-	0	0	-	-	-	-	-	-	-
Debt and Equity Securities, Realized Gain (Loss), Excluding Other-than-temporary Impairment
-4,893	-10,193	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on deconsolidation of subsidiary
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Interest income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	80	74	64	33	5	5	0	0	0
Interest expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	24,486	21,574	16,592	12,643	9,031	9,735	0	0	0
Amortization of debt issuance costs
2,912	3,314	3,552	3,709	3,734	3,905	4,040	4,117	4,167	4,002	3,876	3,559	3,126	2,763	2,388	2,262	2,237	2,212	2,196	2,180	2,218	2,243	2,268	2,265	2,208	2,123	2,038	1,981	1,940	1,811	1,734	1,791	1,848	1,951	2,036	1,912	0	0	0
Equity Method Investment, Realized Gain (Loss) on Disposal
-	-	-	-	-	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Other income (expense), net
-1,090	-2,185	-3,288	-2,088	-4,205	-5,145	-3,275	-1,766	1,393	2,745	1,883	-3,408	-6,197	-2,919	-3,193	-871	923	-2,323	-1,524	-1,000	-851	-677	-155	195	-254	-111	-51	197	412	-183	-93	-344	-203	49	280	569	0	0	0
Income (loss) from continuing operations before income taxes
-9,425	-26,031	-40,146	-11,151	-16,828	-8,411	5,055	8,790	12,436	-9,600	-16,368	28,522	49,413	63,218	77,045	37,304	40,291	23,992	-6,454	242,630	234,369	275,123	279,326	99,955	93,455	91,643	101,091	31,821	33,681	26,822	-6,958	-14,938	-19,104	-25,942	-14,956	-15,095	0	0	0
Provision for income taxes
13,540	14,742	13,901	14,971	13,750	10,466	-14,799	-20,077	-21,953	-23,741	-2,311	2,391	2,525	9,469	15,573	14,367	15,904	15,001	2,800	2,788	1,675	5,046	13,355	14,793	18,656	20,591	22,638	24,885	24,669	21,069	14,876	10,605	7,869	6,859	14,250	17,924	0	0	0
Income (loss) from continuing operations
-22,965	-40,773	-54,047	-26,122	-30,578	-18,877	19,823	28,836	34,358	14,110	-14,057	26,131	46,888	53,749	61,472	22,937	24,387	8,991	258,571	0	0	-	0	-	-	-	-	-	-	5,753	-21,834	-25,543	-26,973	-32,801	0	0	0	-	-
Income from discontinued operations, net of income tax
15,474	16,901	19,071	25,494	17,650	15,829	0	0	0	-	-	-	-	473	-9,311	-3,922	1,845	6,981	20,190	0	0	-	0	-	-	-	-	-	-	-1,168	1,895	11,295	18,649	17,021	0	0	0	-	-
Gain on sale of discontinued operations
0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss on classification as held for sale
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income
201,863	307,141	295,320	327,629	109,989	-1,790	53,809	56,399	53,126	33,612	-13,543	28,324	50,422	56,530	53,018	168,813	176,030	165,770	176,239	272,751	258,495	291,155	277,160	92,926	82,563	78,816	78,672	6,821	7,077	4,340	68,189	74,214	80,268	72,812	-15,248	-28,461	0	0	0
Less: Net income from continuing operations attributable to noncontrolling interest
5,389	5,542	6,681	6,127	6,226	5,217	8,286	8,248	8,134	8,245	2,704	2,736	1,294	1,961	4,416	5,006	6,796	5,133	3,425	3,541	8,421	11,661	13,360	16,881	12,806	12,124	10,978	9,028	8,864	8,508	8,077	7,705	6,440	5,641	5,202	3,332	0	0	0
Less: Net loss from discontinued operations attributable to noncontrolling interest
252	-266	-2,239	-1,887	-2,184	-1,305	0	0	0	-	-	-	-	-116	-2,102	-1,692	-1,483	-1,201	829	0	0	-	0	-	-	-	-	-	-	-226	-123	1,664	2,681	2,212	0	0	0	-	-
Net income attributable to Holdings
196,222	301,865	290,878	323,389	105,947	-5,702	47,479	50,459	47,255	27,991	-16,247	25,752	49,103	54,685	50,704	165,499	170,717	161,838	171,414	268,012	249,274	278,835	265,128	77,417	71,129	68,064	67,694	-2,207	-1,562	-3,942	60,235	64,845	71,147	64,959	-22,559	-32,115	0	0	0
Amounts attributable to common shares of Holdings:
Amounts attributable to Holdings
Income (loss) from continuing operations
-28,354	-46,315	-60,728	-32,249	-36,804	-24,094	24,891	33,942	39,578	5,865	-30,115	10,041	32,240	51,788	39,325	200	-140	-13,873	254,717	0	0	-	0	-	-	-	-	-	-	-2,755	-29,911	-33,248	-33,413	-38,442	0	0	0	-	-
Net Income (Loss) Available to Common Stockholders, Basic
-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income from discontinued operations, net of income tax
15,222	17,167	21,310	27,381	19,834	17,134	0	0	0	-	-	-	-	589	-7,209	-2,230	3,328	8,182	19,361	0	0	-	0	-	-	-	-	-	-	-942	2,018	9,631	15,968	14,809	0	0	0	-	-
Gain on sale of discontinued operations, net of income tax
209,354	331,013	330,296	328,257	122,917	1,258	1,165	1,165	0	340	514	2,648	2,648	2,308	153,209	0	0	-	0	-	-	-	0	-	-	-	-	-	-	-	0	0	-	-	0	0	-	-	-
Gain on sale of discontinued operations, net of income tax
209,354	331,013	330,296	328,257	122,917	1,258	1,165	1,165	0	340	514	2,648	2,648	2,308	153,209	0	0	-	0	-	-	-	0	-	-	-	-	-	-	-	0	0	-	-	0	0	-	-	-
Less: Distributions paid - Allocation Interests
-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Less: Distributions paid - Preferred Shares
-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income (loss) attributable to Holdings
-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income (loss) attributable to Holdings
196,222	301,865	290,878	323,389	105,947	-5,702	47,479	50,459	47,255	27,991	31,694	43,227	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	60,235	64,845	71,147	64,959	-22,559	-32,115	0	0	0
Basic income (loss) per common share attributable to Holdings (refer to Note I)
Basic and fully diluted income (loss) per share attributable to Holdings, continuing operations (usd per share)
-0.26	-	-1.33	-0.32	-0.34	-	-0.16	-0.25	0.00	-	0.00	0.00	0.00	-	0.00	0.00	0.00	-	0.00	0.00	0.00	-	0.00	-	-	-	-	-	-	-	0.08	0.03	-0.03	-	0.01	0.03	-	-	-
Basic and fully diluted income (loss) per share attributable to Holdings, discontinued operations (usd per share)
0.00	-	0.03	3.70	2.06	-	0.09	0.14	0.00	-	0.00	0.00	0.00	-	0.00	0.00	0.00	-	0.00	0.00	0.00	-	0.00	-	-	-	-	-	-	-	-0.01	-0.03	0.01	-	0.16	0.11	-	-	-
Earnings Per Share, Basic and Diluted
-0.26	-	-1.30	3.38	1.72	-	-0.07	-0.11	0.00	-	0.00	0.00	0.00	-	0.00	0.00	0.00	-	0.00	0.00	0.00	-	0.00	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Basic and fully diluted income (loss) per share attributable to Holdings (refer to Note J) (usd per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.11	0.08	-	1.50	-0.01	0.03	-	0.07	0.00	-0.02	-	0.17	0.14	-	-	-
Continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.14	-	-
Discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.01	-	-
Basic and fully diluted income(loss) per share attributable to Holdings
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.15	-	-
Basic and fully diluted income (loss) per share attributable to Holdings
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.72	-0.04
Weighted average number of shares of trust stock outstanding – basic and fully diluted (in shares)
59,900	-	59,900	59,900	59,900	-	59,900	59,900	59,900	-	59,900	59,900	59,900	-	54,300	54,300	54,300	-	54,300	54,300	54,300	-	48,300	48,300	48,300	-	48,300	48,300	48,300	-	48,300	48,300	48,300	-	47,376	46,725	46,725	41,875	40,998
Cash distributions declared per share (refer to Note J) (usd per share)
0.36	0.36	0.36	0.36	0.36	0.36	0.36	0.36	0.36	0.36	0.36	0.36	0.36	0.36	0.36	0.36	0.36	0.36	0.36	0.36	0.36	0.36	0.36	0.36	0.36	0.36	0.36	0.36	0.36	0.36	0.36	0.36	0.36	-	0.36	0.36	0.36	0.34	0.34
Velocity
Revenue from Contract with Customer, Excluding Assessed Tax
0	-	0	-	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-