Consumer portfolio services inc (CPSS)
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
Revenues:
Interest income

79,136

83,274

83,528

84,449

85,845

88,762

93,617

97,012

100,906

105,100

107,014

107,485

104,575

105,248

105,376

101,709

96,663

92,069

90,584

84,900

82,359

79,652

73,865

68,221

64,996

63,903

60,462

55,797

51,168

48,104

45,053

41,546

40,611

-

-

-

-

-

-

Mark to finance receivables measured at fair value

10,350

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

41,224

30,236

27,812

28,584

32,925

35,178

Servicing fees

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

73

62

148

-

278

367

513

608

700

876

909

407

502

595

801

817

986

1,130

1,415

1,768

1,963

Other income

1,981

2,449

1,994

1,876

2,385

2,457

2,014

2,350

2,657

2,125

2,474

2,587

3,023

2,936

3,140

3,224

3,986

3,523

3,334

3,399

3,482

4,972

2,907

3,006

2,637

2,122

2,904

2,862

2,517

2,108

2,365

2,010

3,106

3,727

2,592

2,212

2,396

2,105

1,387

Gain on cancellation of debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

10,947

-

-

0

0

-

-

-

-

-

-

-

Total revenues

70,767

85,723

85,522

86,325

88,230

91,219

95,631

99,362

103,563

107,225

109,488

110,072

107,598

108,184

108,516

104,933

100,649

95,309

93,991

88,361

85,989

83,466

77,050

71,594

68,146

66,633

64,066

70,482

54,594

50,619

47,920

44,151

44,518

45,768

33,814

31,154

32,395

36,798

38,528

Expenses:
Employee costs

-

-

20,251

19,706

-

-

18,806

19,842

20,641

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Employee costs

21,842

-

-

-

19,073

-

-

-

-

19,160

18,455

17,572

17,780

18,040

16,688

15,678

15,143

16,672

15,254

13,144

14,486

14,732

12,733

11,774

10,890

11,285

11,199

11,527

8,949

9,695

8,730

8,277

8,871

8,929

8,257

7,461

7,623

7,599

8,697

General and administrative

8,669

7,895

8,185

8,750

8,174

8,308

7,784

7,450

7,495

6,482

6,355

6,819

6,922

6,624

6,316

6,569

5,331

5,211

5,005

5,108

4,836

4,772

5,804

5,075

3,603

3,998

4,074

4,518

3,755

3,665

3,690

3,577

4,497

3,893

3,286

3,772

3,639

3,593

5,579

Interest

26,991

27,595

27,940

27,703

27,290

26,409

25,808

25,187

24,062

23,704

23,317

23,236

22,088

21,500

20,893

19,727

17,821

16,036

14,848

13,688

13,173

12,833

12,239

11,942

13,381

13,379

13,853

14,601

16,346

17,726

19,560

19,827

22,309

25,676

19,011

19,241

19,126

19,001

18,775

Provision for credit losses

3,613

21,454

19,874

20,489

23,956

25,083

31,959

35,531

40,507

43,660

47,336

48,550

47,167

43,629

46,262

44,423

44,197

36,085

37,411

35,683

33,439

31,434

27,287

25,627

23,880

24,131

20,220

17,371

15,147

11,483

9,465

7,711

4,836

3,474

3,982

4,360

3,692

7,036

6,990

Provision for contingent liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

Provision for contingent liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

9,650

-

-

-

-

-

-

-

-

-

-

-

Sales

4,430

4,016

4,407

4,634

4,836

4,396

4,377

4,588

4,211

3,856

3,807

3,990

3,960

3,954

4,463

4,731

4,670

4,222

4,608

4,436

4,204

4,291

4,167

3,812

3,846

3,331

3,378

3,472

3,182

2,579

2,906

2,560

2,620

2,713

2,343

1,839

1,596

1,068

726

Occupancy

1,691

1,742

1,760

2,011

1,974

1,962

1,935

1,860

1,850

1,903

1,865

1,733

1,661

1,577

1,237

1,288

1,083

1,133

1,046

949

954

970

898

908

688

686

695

683

544

724

723

726

721

672

811

762

761

763

760

Depreciation and amortization

419

287

276

262

251

246

256

250

240

242

244

220

228

208

202

192

175

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Depreciation and amortization

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

170

153

148

-

118

127

94

92

88

114

143

141

118

132

152

176

170

162

164

180

170

Total operating expenses

67,655

84,836

82,693

83,555

85,554

86,433

90,925

94,708

99,006

99,007

101,379

102,120

99,806

95,532

96,061

92,608

88,420

79,525

78,342

73,161

71,240

69,121

63,246

59,265

56,382

55,093

53,507

61,936

48,066

46,013

45,192

42,810

44,006

45,533

37,860

37,597

36,601

39,240

41,697

Income before income tax expense (benefit)

3,112

887

2,829

2,770

2,676

4,786

4,706

4,654

4,557

8,218

8,109

7,952

7,792

12,652

12,455

12,325

12,229

15,784

15,649

15,200

14,749

14,345

13,804

12,329

11,764

11,540

10,559

8,546

6,528

4,606

2,728

1,341

512

235

-4,046

-6,443

-4,206

-2,442

-3,169

Income tax expense (benefit)

-7,680

858

991

970

937

-568

1,508

1,489

1,412

18,168

3,446

3,380

3,312

5,186

5,107

5,053

5,015

6,816

6,806

6,663

6,416

6,336

6,028

5,303

5,059

5,018

4,686

3,721

2,743

-60,221

0

0

0

-

0

0

-

1,000

3,600

Net income

10,792

29

1,838

1,800

1,739

5,354

3,198

3,165

3,145

-9,950

4,663

4,572

4,480

7,466

7,348

7,272

7,214

8,968

8,843

8,537

8,333

8,009

7,776

7,026

6,705

6,522

5,873

4,825

3,785

64,827

2,728

1,341

512

235

-4,046

-6,443

-4,206

-3,442

-6,769

Earnings per share:
Earnings per share: Basic

0.48

0.00

0.08

0.08

0.08

0.24

0.14

0.15

0.15

-0.43

0.21

0.20

0.19

0.30

0.31

0.30

0.29

0.34

0.34

0.33

0.33

0.31

0.31

0.28

0.28

0.29

0.27

0.23

0.19

3.32

0.14

0.07

0.03

0.02

-0.20

-0.35

-0.23

-0.20

-0.39

Earnings per share: Diluted

0.45

-0.01

0.08

0.08

0.07

0.21

0.13

0.13

0.12

-0.36

0.17

0.17

0.16

0.26

0.26

0.25

0.24

0.29

0.28

0.27

0.26

0.25

0.24

0.22

0.21

0.21

0.19

0.15

0.12

2.54

0.11

0.05

0.02

0.02

-0.20

-0.35

-0.23

-0.20

-0.39

Number of shares used in computing earnings per share:
Number of shares used in computing earnings per share: Basic

22,539

22,534

22,526

22,362

22,242

22,566

22,636

21,178

21,576

21,682

22,473

23,076

23,517

23,696

23,894

24,538

25,296

25,778

26,093

26,234

25,635

74,820

25,290

25

24

44,263

21,795

20

20,073

77,833

19

19

19

19

19

18

18

17

17

Number of shares used in computing earnings per share: Diluted

23,879

23,953

24,066

23,978

24,259

24,430

24,735

25,123

25,664

26,252

26,779

27,602

28,223

28,372

28,503

29,111

30,154

30,952

31,476

31,917

31,991

96,023

32,040

32

32

63,423

31,217

31

31,624

101,839

25

24

22

19

19

18

18

17

17

Net income (loss)

10,792

29

1,838

1,800

1,739

5,354

3,198

3,165

3,145

-9,950

4,663

4,572

4,480

-

7,348

7,272

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-4,046

-6,443

-4,206

-3,442

-6,769

Other comprehensive income/(loss); change in funded status of pension plan

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

Comprehensive income/(loss)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6,443

-

-

-