Ditech holding corporation (DHCP)
Income statement / Quarterly
Dec'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
Net servicing revenue and fees

-

100,038

-

-

-

65,029

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net interest income after provision for loan losses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

19,481

Premium revenue

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,167

Net servicing revenue and fees

-

-

130,097

48,355

-

-

91,321

113,187

303,188

111,629

31,936

-105,762

181,236

-1,771

223,915

90,887

124,331

163,411

140,976

172,792

170,343

218,731

257,306

137,009

100,762

89,344

88,670

89,733

63,295

88,012

3,310

2,937

-

-

Gain (Loss) on Sale of Mortgage Loans

42,706

47,284

43,202

28,518

66,477

73,013

70,545

74,356

102,781

122,014

100,176

84,477

92,996

116,218

119,399

125,227

86,012

127,515

144,611

104,034

130,870

153,710

235,949

78,445

-

-

-

-

-

-

-

-

-

-

Fair Value Gain (Loss) On Reverse Loans And Related Obligation

25,069

22,613

-1,738

889

18,035

1,810

7,872

14,702

-2,463

18,627

7,650

35,208

8,032

52,644

6,815

30,774

40,532

25,268

26,936

17,236

26,387

30,476

26,731

36,788

-

-

-

-

-

-

-

-

-

-

Interest income on loans

408

577

471

376

9,924

9,802

10,489

10,980

10,348

11,332

11,849

12,171

11,828

12,410

18,186

31,941

32,464

33,451

34,218

34,422

35,255

35,702

36,796

36,898

36,654

37,964

40,453

39,280

40,171

41,239

42,029

41,355

41,307

41,882

Insurance revenue

-

0

0

0

-

0

0

3,963

10,324

10,000

11,277

10,367

12,878

8,763

11,429

14,131

13,250

14,566

19,806

23,388

19,998

28,896

18,050

17,534

19,149

17,335

16,803

19,962

19,744

17,738

2,137

2,032

1,778

-

Other Operating Income

35,512

34,146

26,496

13,077

32,926

26,990

28,560

28,097

19,965

23,728

24,585

30,310

24,606

31,129

32,689

17,897

20,903

21,789

47,166

18,076

19,986

21,652

21,132

7,855

-

-

-

-

-

-

-

-

-

-

Other revenues

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,430

4,963

3,866

-

4,935

584

266

437

1,016

Total revenues

164,539

204,658

198,528

91,215

200,544

176,644

208,787

245,285

444,143

297,330

187,473

66,771

331,576

219,393

412,433

310,857

317,492

386,000

413,713

369,948

402,839

489,167

595,964

314,529

171,004

149,073

150,889

152,841

127,277

151,924

48,060

46,590

43,522

-

EXPENSES
Interest expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

20,392

20,176

20,692

Legal and professional

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

994

Occupancy

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

328

Technology and communication

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

673

Depreciation and amortization

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

93

General and administrative

107,281

104,580

100,324

54,525

210,053

137,614

117,544

131,627

202,598

151,792

135,776

129,606

171,277

132,067

142,100

128,647

182,855

143,445

142,341

108,865

138,782

128,443

125,712

87,440

45,652

27,668

33,887

29,029

30,614

23,649

15,236

9,098

5,002

3,119

Total non-interest income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,183

Claims expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

913

Salaries and benefits

75,814

80,161

82,802

46,782

84,242

91,544

101,071

107,957

120,838

133,199

133,681

132,639

144,344

142,088

143,157

147,228

149,950

147,278

145,502

135,897

147,531

150,253

145,282

106,733

64,609

52,554

55,541

57,403

50,608

49,404

8,585

9,139

5,708

5,858

Interest expense

62,794

58,247

58,384

29,896

78,279

61,671

60,884

60,410

61,831

65,302

64,400

64,248

63,342

66,728

68,665

74,871

76,842

76,722

74,690

74,849

75,206

75,017

68,290

54,142

45,324

43,986

44,523

45,838

-

47,336

21,661

-

-

-

Depreciation, Depletion and Amortization

8,682

10,598

8,384

4,694

10,049

9,741

10,042

10,932

13,883

16,580

14,540

14,423

15,757

20,646

16,093

16,632

17,768

17,918

18,391

18,644

19,323

17,757

17,614

16,333

13,347

12,087

11,814

12,019

-1,947

26,042

180

180

59

-

Goodwill and intangible assets impairment

12,700

0

1,000

9,960

0

0

0

0

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-2,803

11,762

-

-590

0

0

-

0

-

-

-

-

-

-

-

-

-

-

1,680

-

Total other gains (losses)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

523

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,680

-

Other expenses, net

37,636

1,513

-842

198

-2,648

-2,576

-3,054

-2,783

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

433

-

-

Goodwill and intangible assets impairment

-

-

-

-

-

-

-

-

-

97,716

215,412

-

-

-

56,539

-

-

0

82,269

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

Provision for loan losses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,596

1,957

-

-

-

-

-

-

-

Other expenses, net

-

-

-

-

-

-

-

-

4,921

1,206

1,897

2,506

2,514

2,595

1,401

4,047

2,440

4,160

3,978

225

1,762

3,386

2,151

2,096

-

-

-

-

-

-

-

-

-

-

Net interest income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

21,190

Provision for loan losses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,569

-

1,865

875

625

1,377

1,709

Other expenses, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

730

3,180

3,486

-

5,188

4,993

3,956

2,882

-

Total expenses

229,635

252,073

251,736

145,659

385,271

303,146

292,595

313,709

417,229

465,795

565,706

343,422

548,252

364,124

427,955

371,425

429,855

389,523

467,171

338,480

382,604

374,856

359,049

266,744

176,033

141,621

150,902

149,344

132,719

153,484

51,530

43,390

35,204

-

OTHER GAINS (LOSSES)
Reorganization items and fresh start accounting adjustments

0

2,616

0

110

37,645

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Fair Value, Option, Changes in Fair Value, Gain (Loss)

764

2,730

6,995

594

1,247

3,783

-8,105

5,083

2,031

-3,302

-819

-2,144

3,825

1,119

3,326

-872

3,457

16,794

1,532

-2,503

-841

6,507

1,656

-1,261

-1,453

3,123

788

4,763

-

-1,404

-

-

-

-

Net losses on extinguishment of debt

-3,101

-146

-1,207

0

-4,443

-959

-709

0

0

13,734

0

928

4,660

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain (Loss) on Disposition of Business

0

0

0

0

0

0

7

67,727

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other Nonoperating Gains (Losses)

-

10,495

7,199

-

-

0

0

-

-2,105

-150

-532

-1,024

-

12,054

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Nonoperating Gains (Losses)

-11,516

10,463

12,987

484

-33,622

2,824

-8,807

72,810

-74

10,282

-1,351

-2,240

-

13,173

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total other gains (losses)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

10,890

-

16,204

1,532

-2,503

-13,330

6,507

1,656

-1,261

-

-

788

4,763

2,110

-1,404

0

433

-

-

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

-76,612

-36,952

-40,221

-53,960

-218,349

-123,678

-92,615

4,386

26,840

-158,183

-379,584

-278,891

-208,191

-131,558

-14,999

-49,678

-

12,681

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Real estate owned expenses, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,738

Total non-interest expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

13,716

Income (loss) before income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-51,926

28,965

6,905

120,818

238,571

46,524

-55,061

10,575

775

8,260

-3,332

-2,964

-3,470

3,633

9,998

8,948

Income Tax Expense (Benefit)

-2,774

-315

249

189

-5,384

455

1,694

-122

-15,234

55,084

110,379

-106,189

-91,056

-54,630

23,120

-18,670

-65,087

83,484

-38,997

11,588

-2,892

48,129

95,339

18,775

-20,953

4,164

347

3,125

-2,298

62,494

-75

143

312

385

Net Income (Loss) Attributable to Parent

-73,838

-36,637

-40,470

-54,149

-212,965

-124,133

-94,309

4,508

42,074

-213,267

-489,963

-172,702

-117,135

-76,928

-38,119

-31,008

-43,973

-70,803

-12,929

17,377

9,797

72,689

143,232

27,749

-34,108

6,411

428

5,135

-1,034

-65,458

-3,395

3,490

9,686

8,563

Comprehensive Income (Loss), Net of Tax, Attributable to Parent

-73,788

-36,691

-40,381

-54,142

-213,031

-124,035

-94,314

4,491

42,167

-213,281

-489,947

-172,677

-116,968

-76,793

-38,030

-30,981

-43,865

-71,023

-12,924

17,381

9,856

72,658

143,211

27,747

-34,123

6,451

422

5,193

-1,202

-65,847

-3,543

3,360

-

-

Net income (loss)

-73,838

-36,637

-40,470

-54,149

-212,965

-124,133

-94,309

4,508

42,074

-213,267

-489,963

-172,702

-

-76,928

-38,119

-

-43,973

-70,803

-12,929

17,377

9,797

72,689

143,232

27,749

-34,108

6,411

428

5,135

-1,034

-65,458

-3,395

3,490

9,686

8,563

Basic earnings (loss) per common and common equivalent share

-13.32

-7.28

-8.60

-12.73

-5.77

-3.38

-2.58

0.12

-

-

-

-4.85

-

-

-

-0.82

-

-1.88

-0.34

0.46

0.26

1.93

3.82

0.74

-1.13

0.22

0.01

0.17

-0.11

-2.30

-0.13

0.13

0.36

0.32

Diluted earnings (loss) per common and common equivalent share

-13.32

-7.28

-8.60

-12.73

-5.77

-3.38

-2.58

0.12

-

-

-

-4.85

-

-

-

-0.82

-

-1.88

-0.34

0.45

0.25

1.90

3.75

0.73

-1.12

0.21

0.01

0.17

-0.11

-2.30

-0.13

0.13

0.36

0.32

Total dividends declared per common and common equivalent share

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.22

-

-

0.50

0.50

Weighted Average Number of Shares Outstanding, Basic

5,570

5,034

4,707

4,253

37,382

36,714

36,536

36,412

-

-

-

35,579

-

-

-

37,718

-

37,707

37,673

37,429

37,237

36,973

36,925

36,877

34,884

28,990

28,916

28,798

28,639

28,491

26,646

26,596

26,474

26,414

Weighted Average Number of Shares Outstanding, Diluted

5,570

5,034

4,707

4,253

36,982

36,714

36,536

36,812

-

-

-

35,579

-

-

-

37,718

-

37,707

37,673

38,005

37,910

37,675

37,585

37,634

34,072

29,397

29,085

29,034

28,504

28,491

26,646

26,731

26,569

26,512

Basic and diluted loss per common and common equivalent share

-

-

-

-

-

-

-

-

-

-5.90

-13.68

-

-

-2.04

-1.01

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Weighted-average common and common equivalent shares outstanding basic and diluted

-

-

-

-

-

-

-

-

-

36,144

35,811

-

-

37,802

37,759

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-