Capital senior living corp (CSU)
Income statement / Quarterly
Dec'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:
Resident revenue

108,688

111,110

113,126

114,176

115,098

115,650

114,627

114,643

-

117,318

116,718

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Resident revenue

-

-

-

-

-

-

-

-

-

-

-

115,990

-

111,436

111,034

109,173

107,529

104,420

101,588

98,640

100,160

98,466

91,600

90,174

87,069

86,333

85,301

84,775

81,687

76,577

75,586

70,998

69,811

66,928

62,946

56,899

50,451

46,933

Unaffiliated management services revenue

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

18

18

Affiliated management services revenue

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

207

208

211

205

196

185

182

176

162

154

145

141

163

434

418

498

Community reimbursement revenue

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

17

1,618

1,475

1,655

1,445

1,722

1,265

1,409

1,259

1,278

1,068

1,196

1,122

1,226

2,491

2,713

3,064

Total revenues

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

100,160

98,483

93,425

91,857

88,935

87,983

87,219

86,225

83,278

78,012

77,026

72,220

71,152

68,191

64,335

59,824

53,600

50,513

Expenses:
Operating expenses (exclusive of facility lease expense and depreciation and amortization expense shown below)

76,557

80,394

74,430

75,405

73,798

76,195

72,968

71,700

69,959

74,636

73,289

72,778

70,592

69,622

67,162

66,523

64,249

63,649

60,707

60,131

59,227

59,992

55,585

55,691

53,558

52,936

51,130

50,120

48,100

46,791

44,909

42,486

41,328

40,975

37,684

34,055

31,209

28,379

General and administrative expenses

5,752

7,554

6,642

7,570

9,638

5,589

5,712

6,022

5,896

5,361

6,083

6,234

6,702

5,749

4,972

6,248

4,869

4,751

5,718

5,013

4,485

5,515

4,651

4,971

5,209

5,026

5,081

4,922

5,191

3,288

3,858

3,777

3,641

3,270

3,437

2,850

3,246

2,724

Facility lease expense

14,315

14,233

14,238

14,235

14,036

14,077

14,224

14,214

13,934

13,943

13,968

14,587

15,568

15,500

15,445

15,205

15,338

15,321

15,298

15,256

14,808

14,841

14,889

14,794

14,173

14,274

14,269

14,270

13,965

13,819

13,865

13,495

13,466

13,723

13,613

11,431

8,910

7,882

Loss on facility lease termination

-

-

-

-

-

-

-

-

0

0

0

12,858

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Stock-based compensation expense

951

898

1,638

-978

1,825

2,095

2,559

1,949

1,849

1,962

1,941

1,930

4,163

2,479

2,490

2,513

2,088

2,301

2,717

1,727

1,586

1,599

2,717

1,360

1,164

869

1,293

996

601

602

596

645

477

430

332

258

226

256

Depreciation and amortization expense

16,105

16,136

15,975

15,974

15,933

15,998

15,521

15,372

15,337

16,903

16,746

17,213

16,295

14,400

15,172

14,531

14,032

12,722

13,468

12,795

13,880

13,840

10,816

10,951

10,055

10,533

10,761

11,889

10,160

9,214

9,050

6,706

6,383

4,775

3,583

3,558

3,536

3,494

Community reimbursement expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

17

1,618

1,475

1,655

1,445

1,722

1,265

1,409

1,259

1,278

1,068

1,196

1,122

1,226

2,491

2,713

3,064

Total expenses

117,445

119,215

112,923

112,206

118,220

113,954

110,984

109,257

108,723

112,805

112,027

125,600

115,047

107,750

105,241

105,020

101,768

98,744

97,908

94,922

94,703

95,804

90,276

89,242

86,311

85,083

84,256

83,462

80,175

74,973

73,556

68,177

66,778

64,295

59,875

54,643

49,840

45,799

Income (Loss) from operations

-8,757

-8,105

203

1,970

-3,122

1,696

3,643

5,386

8,248

4,513

4,691

-9,610

758

3,686

5,793

4,153

5,761

5,676

3,680

3,718

5,457

2,679

3,149

2,615

2,624

2,900

2,963

2,763

3,103

3,039

3,470

4,043

4,374

3,896

4,460

5,181

3,760

4,714

Other income (expense):
Interest income

48

59

57

57

48

42

38

37

22

19

14

18

17

15

19

16

17

12

11

13

12

12

16

12

13

17

17

104

17

369

41

26

20

18

50

14

13

10

Interest expense

12,074

12,562

12,602

12,564

12,772

12,705

12,615

12,451

12,531

12,531

12,404

12,005

11,241

10,636

10,345

9,985

9,710

8,994

8,673

8,355

8,476

8,255

7,393

7,137

6,446

5,943

5,694

5,684

5,323

4,847

4,308

3,544

3,471

2,978

2,734

2,717

2,815

2,763

Write-off of deferred loan costs and prepayment premiums

-

-

97

-

-

-

-

-

-

-

-

-

-

-

-

-

1,793

102

0

871

-

-

6,979

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

Gain on settlement of debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

684

Equity in earnings of unconsolidated joint ventures, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

64

41

57

43

30

3

24

-26

-78

-137

-141

-223

-208

-188

-9

-

Write-down of assets held for sale

-

0

0

2,340

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Joint venture equity investment valuation gain

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,519

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

Gain (Loss) on disposition of assets, net

-

-

38

-

18

7

0

3

3

-1

0

-125

-12

-16

-6

-31

-22

6,418

-65

-106

795

-1

-14

4

1,442

13

-2

1

0

-14

-7

2

-

187

-6

-

-

-

Other income

-1

1

-16

23

-6

7

1

1

1

1

2

3

-

-

233

-

0

0

0

1

1

5

9

8

6

10

6

12

-

-

-

-

-

-

-

-

-

-

Loss before benefit (provision) for income taxes

10,296

-20,607

-12,417

-12,854

-28,450

-10,960

-8,933

-7,024

-4,257

-7,999

-7,697

-21,719

-10,478

-6,951

-4,306

-5,847

-5,747

3,010

-5,047

-5,600

-3,761

-5,560

-9,629

-4,457

-2,304

-2,960

-2,680

-2,801

-2,179

-1,479

-882

390

772

900

1,562

2,290

949

-

Equity in (loss) earnings of unconsolidated joint ventures

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-39

Income before provision for income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,606

Benefit (Provision) for income taxes

77

124

117

130

-2,159

129

127

132

2,102

133

138

123

32

126

140

137

203

139

119

439

140

199

190

190

91

7,003

-610

-725

-538

-542

-198

247

426

390

691

992

468

1,148

Net loss

10,219

-20,731

-12,534

-12,984

-26,291

-11,089

-9,060

-7,156

-6,359

-8,132

-7,835

-21,842

-10,510

-7,077

-4,446

-5,984

-5,950

2,871

-5,166

-6,039

-3,901

-5,759

-9,819

-4,647

-2,395

-9,963

-2,070

-2,076

-1,641

-937

-684

143

346

510

871

1,298

481

1,458

Per share data:
Basic net loss per share

0.33

-0.68

-0.41

-0.43

-0.89

-0.37

-0.30

-0.24

-0.20

-0.28

-0.27

-0.75

-0.37

-0.24

-0.15

-0.21

-0.21

0.10

-0.18

-0.21

-0.13

-0.20

-0.34

-0.16

-0.09

-0.35

-0.07

-0.07

-0.07

-0.03

-0.02

0.01

0.01

0.02

0.03

0.05

0.02

0.05

Diluted net loss per share

0.33

-0.68

-0.41

-0.43

-0.89

-0.37

-0.30

-0.24

-0.20

-0.28

-0.27

-0.75

-0.37

-0.24

-0.15

-0.21

-0.21

0.10

-0.18

-0.21

-0.13

-0.20

-0.34

-0.16

-0.09

-0.35

-0.07

-0.07

-0.07

-0.03

-0.02

0.01

0.01

0.02

0.03

0.05

0.02

0.05

Weighted average shares outstanding — basic

30,347

30,324

30,279

30,102

29,913

29,877

29,831

29,627

29,534

29,512

29,478

29,288

29,000

28,959

28,926

28,751

28,750

28,732

28,705

28,565

28,389

28,371

28,298

28,146

27,956

27,911

27,809

27,584

27,404

27,383

27,347

27,262

27,068

27,026

27,002

26,884

26,607

26,575

Weighted average shares outstanding — diluted

30,347

30,324

30,279

30,102

29,913

29,877

29,831

29,627

29,534

29,512

29,478

29,288

29,000

28,959

28,926

28,751

28,749

28,733

28,705

28,565

28,389

28,371

28,298

28,146

27,956

27,911

27,809

27,584

27,352

27,383

27,347

27,314

27,102

27,072

27,081

26,993

26,703

26,670

Comprehensive loss

10,219

-20,731

-12,534

-12,984

-26,291

-11,089

-9,060

-7,156

-6,359

-8,132

-7,835

-21,842

-10,510

-7,077

-4,446

-5,984

-5,950

2,871

-5,166

-6,039

-3,901

-5,759

-9,819

-4,647

-2,395

-9,963

-2,070

-2,076

-1,641

-937

-684

143

346

510

871

1,298

-

-