Dine Brands Global, Inc. DIN Income Statement

Dine brands global, inc. (DIN)

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
Revenues:
Rental revenues
118,964	120,666	120,201	121,358	121,804	121,934	121,877	122,013	121,813	121,437	121,143	121,387	122,093	123,037	126,641	127,355	127,657	127,650	124,464	124,004	123,581	122,932	124,268	124,497	124,519	124,769	123,487	123,417	121,857	122,859	123,053	123,296	125,749	125,960	127,213	128,237	0	0	0
Total revenues
879,900	910,200	896,800	873,500	829,900	780,900	743,482	724,285	728,439	731,700	862,785	843,899	815,503	787,566	651,099	657,519	668,810	681,100	674,213	674,629	663,601	654,988	648,476	646,906	644,499	640,467	641,203	696,238	767,515	849,928	933,470	981,633	1,020,580	1,075,198	1,168,534	1,244,189	0	0	0
Cost of revenues:
Franchise expenses
301,901	312,754	321,249	325,013	329,050	330,619	327,421	319,113	305,691	293,986	381,093	352,613	322,798	293,500	163,682	164,113	175,829	186,986	194,441	200,027	190,759	184,411	177,760	174,281	174,434	173,232	176,647	228,245	291,857	359,196	798,217	727,534	647,821	563,449	103,954	104,975	0	0	0
Company restaurant expenses
122,066	123,272	99,003	68,642	37,410	5,872	31	48	3,495	7,838	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	540,274	608,362	0	0	0
Interest expense from finance leases
5,283	5,602	5,904	6,221	6,546	6,894	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other rental expenses
85,385	85,157	84,607	84,670	84,193	83,862	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Rental expenses
90,668	90,759	90,511	90,891	90,739	90,756	91,338	90,674	90,567	90,592	90,173	90,626	90,975	91,540	93,547	94,040	94,329	94,588	93,537	93,927	94,261	94,637	95,518	96,013	96,895	97,298	97,043	97,131	96,897	97,165	97,488	97,772	98,037	98,147	98,362	98,486	0	0	0
Financing expenses
575	579	585	590	593	597	598	897	748	598	0	155	0	-	0	0	-	520	516	12	252	825	825	825	830	245	282	297	968	1,623	1,558	1,968	1,053	5,973	6,764	6,341	0	0	0
Total cost of revenues
515,210	527,364	511,348	485,136	457,792	427,844	419,388	410,732	400,501	393,014	497,746	469,262	436,495	403,419	257,388	258,807	270,666	282,094	288,494	293,966	285,272	279,873	274,103	271,119	272,159	270,775	273,972	325,673	389,722	457,984	534,242	578,229	615,145	667,569	749,354	818,164	0	0	0
Gross profit
364,670	382,814	385,517	388,423	372,158	353,087	324,052	313,512	327,926	338,711	365,039	374,637	379,008	384,147	393,711	398,712	398,144	399,006	385,719	380,663	378,329	375,115	374,373	375,787	372,340	369,692	367,231	370,565	377,793	391,944	399,228	403,404	405,435	407,629	419,180	426,025	0	0	0
General and administrative expenses
157,604	162,815	166,365	168,196	167,591	166,683	161,401	158,678	157,285	165,679	162,699	160,671	159,816	148,935	156,981	162,556	160,622	155,428	153,458	145,716	145,955	145,910	141,418	142,914	143,739	143,586	142,611	156,017	157,615	163,215	166,278	156,274	157,485	155,822	154,746	153,047	0	0	0
Interest expense, net
60,172	60,393	60,809	61,001	61,880	61,686	61,593	61,516	61,815	61,979	61,868	61,873	61,476	61,479	62,604	62,680	62,974	63,254	68,499	78,049	87,314	96,637	99,929	99,924	99,938	100,264	100,801	104,718	109,412	114,338	120,131	123,405	126,622	132,707	144,157	155,655	0	0	0
Amortization of intangible assets
11,604	11,702	11,366	10,946	10,527	10,105	10,015	10,017	10,011	10,009	10,008	10,001	10,001	9,981	9,980	9,980	9,980	10,000	10,351	10,922	11,492	12,063	12,282	12,283	12,282	12,282	12,283	12,283	12,289	12,293	12,297	12,300	12,300	12,300	12,302	12,303	0	0	0
Closure and impairment (credit) charges
1,294	1,500	2,621	2,681	-310	2,100	313	984	6,387	4,000	4,974	4,292	4,882	5,100	4,278	4,000	1,184	2,576	4,922	5,186	5,348	3,721	2,059	1,475	1,162	1,800	3,724	4,536	4,334	4,218	4,182	3,955	25,649	29,865	28,090	29,768	0	0	0
Loss on extinguishment of debt
-	-	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-64,859	-35	-34	-44	-58	-673	-2,979	-2,963	-5,554	-8,191	-5,885	-6,824	-11,159	-7,885	-6,830	0	0	0
Debt refinancing costs
-	-	0	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,296	1,296	1,296	1,296	0	8,176	8,155	8,145	4,031	-4,145	0	0	0	-
(Gain) loss on disposition of assets
674	332	-2,097	-1,293	-911	625	1,397	1,374	7,567	6,249	6,257	6,109	-86	-809	-2,072	392	278	901	2,557	411	607	-329	-695	-828	-1,022	223	13,281	86,859	86,182	102,597	111,608	36,782	36,232	43,253	20,542	21,287	0	0	0
Impairment of goodwill and intangible assets
-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income before income tax provision
126,500	138,500	134,000	133,500	129,000	110,600	89,582	-447,909	-431,609	-428,300	-399,888	143,917	142,755	157,851	157,796	159,888	163,662	168,649	86,200	76,354	63,974	51,596	117,943	118,317	114,141	110,617	119,124	175,595	176,066	194,923	199,829	138,460	112,870	104,998	88,439	85,585	0	0	0
Income Tax Expense (Benefit)
31,349	34,100	30,100	29,945	34,151	30,300	-33,687	-97,286	-90,376	-85,600	-11,586	57,585	51,701	56,849	55,794	57,902	61,608	63,726	29,059	24,583	19,933	15,143	40,934	41,465	39,519	38,580	46,399	61,027	61,497	67,249	62,354	45,033	36,033	29,806	27,536	27,166	0	0	0
Net income
95,031	104,346	103,931	103,601	94,924	80,354	123,273	-350,666	-341,272	-342,750	-388,293	86,332	91,054	101,002	102,002	101,986	102,054	104,923	57,141	51,771	44,041	36,453	77,009	76,852	74,622	72,037	72,725	114,568	114,569	127,674	137,475	93,427	76,837	75,192	0	0	0	-	-
Other comprehensive income (loss) net of tax:
Adjustment to unrealized loss on available-for-sale investments
-	-	0	0	-	50	50	50	50	0	0	0	0	-	-	-	-	-	-	-	-	-	0	0	-	-	0	0	-	140	140	140	140	0	0	0	0	-	-
Foreign currency translation adjustment
3	2	1	2	-3	-5	-2	-4	-1	2	-2	-1	-1	0	-8	-21	-18	-34	-34	-29	-25	-16	-15	-3	-14	-12	-7	-5	-4	2	22	-33	-31	-12	0	0	0	-	-
Total comprehensive income
95,034	104,348	103,932	103,603	94,921	80,399	123,321	-350,620	-341,223	-342,748	-388,295	86,331	91,053	101,002	101,994	101,965	102,036	104,889	57,107	51,742	44,123	36,544	77,101	76,956	74,608	72,025	72,718	114,563	114,565	127,816	137,637	93,534	76,946	75,180	0	0	0	-	-
Net income available to common stockholders:
Net Income (Loss) Attributable to Parent
95,031	104,346	103,931	103,601	94,924	80,354	123,273	-350,666	-341,272	-342,750	-388,293	86,332	91,054	101,002	102,002	101,986	102,054	104,923	57,141	51,771	44,041	36,453	77,009	76,852	74,622	72,037	72,725	114,568	114,569	127,674	137,475	93,427	76,837	75,192	60,903	58,419	0	0	0
Less: Series A preferred stock dividends
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Less: Net income allocated to unvested participating restricted stock
3,169	3,532	3,541	3,545	3,254	2,711	2,857	-6,411	-6,483	-6,768	-7,504	1,303	1,331	1,430	1,457	1,435	1,410	1,400	639	602	550	521	1,206	1,223	1,214	1,200	1,270	2,161	2,251	2,718	2,891	2,063	1,668	1,886	1,673	1,610	0	0	0
Less: Accretion of Series B preferred stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,498	2,691	2,650	2,612	2,573	2,527	2,483	0	0	0
Net income available to common stockholders - basic
91,862	100,814	100,390	100,056	91,670	77,643	120,416	-344,255	-334,789	-335,982	-380,789	85,029	89,723	99,572	100,545	100,551	100,644	103,523	56,502	51,169	43,491	35,932	75,803	75,629	73,408	70,837	70,990	111,254	110,488	122,458	131,893	88,714	72,557	70,733	51,063	42,986	0	0	0
Net income available to common stockholders per share:
Basic (USD per share)
1.33	1.61	1.38	1.20	1.76	1.49	1.31	0.70	0.93	3.85	-24.91	1.23	0.87	1.35	1.33	1.46	1.38	1.36	1.29	1.41	1.49	-1.16	0.99	1.00	1.09	0.94	0.98	0.88	0.95	0.97	3.26	0.89	1.69	1.53	0.86	-0.02	1.59	0.45	0.43
Diluted (USD per share)
1.31	1.58	1.36	1.18	1.73	1.47	1.29	0.69	0.92	3.86	-24.91	1.23	0.86	1.34	1.33	1.45	1.37	1.37	1.28	1.40	1.47	-1.17	0.99	1.00	1.08	0.93	0.97	0.87	0.93	0.97	3.14	0.88	1.64	1.53	0.85	-0.02	1.53	0.44	0.42
Weighted average shares outstanding:
Basic (in shares)
16,263	16,450	16,762	17,181	17,343	17,446	17,439	17,544	17,703	17,745	17,742	17,719	17,694	17,825	17,950	18,085	18,260	18,342	18,573	18,763	18,870	18,739	18,703	18,776	18,794	18,789	18,831	18,953	18,911	18,390	18,006	17,890	17,682	-	17,968	18,072	17,697	17,227	17,226
Diluted (in shares)
16,470	16,672	17,055	17,563	17,690	17,770	17,738	17,803	17,845	17,756	17,742	17,725	17,737	17,898	18,041	18,188	18,373	18,452	18,706	18,895	19,019	18,925	18,890	18,955	19,054	19,064	19,085	19,222	19,193	19,795	18,924	18,138	18,651	17,662	18,243	18,072	18,763	17,568	17,560
Dividends declared per common share (USD per share)
-	-	-	-	-	-	-	-	0.63	-	0.97	0.97	0.97	0.97	0.92	0.92	0.92	0.92	0.87	0.87	0.87	0.87	0.75	0.75	0.75	0.75	0.75	0.75	0.75	0.00	0.00	0.00	0.00	-	-	-	-	-	-
Dividends paid per common share (USD per share)
-	-	-	-	-	-	-	-	0.97	-	0.97	0.97	0.97	0.92	0.92	0.92	0.92	0.87	0.87	0.87	0.87	0.00	0.75	0.75	0.75	0.75	0.75	0.75	0.75	0.00	0.00	0.00	0.00	-	-	-	-	-	-
Franchise revenues
Revenue from Contract with Customer, Excluding Assessed Tax
627,297	651,186	662,396	668,274	657,547	643,934	0	593,883	595,006	594,418	708,305	688,985	662,910	637,971	514,866	519,795	530,574	542,606	538,780	539,926	528,602	518,579	510,540	508,343	506,052	502,586	504,398	559,507	631,615	712,580	1,216,542	1,131,975	1,034,265	929,523	392,939	388,587	0	0	0
Royalties, franchise fees and other
Revenue from Contract with Customer, Excluding Assessed Tax
355,189	368,171	375,777	378,153	380,459	375,640	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Advertising revenue
Revenue from Contract with Customer, Excluding Assessed Tax
272,093	283,000	286,625	290,127	277,094	268,300	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Company restaurant sales
Revenue from Contract with Customer, Excluding Assessed Tax
126,779	131,214	107,134	76,586	42,835	7,100	0	0	3,378	7,518	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	627,862	706,938	0	0	0
Financing revenues
Revenue from Contract with Customer, Excluding Assessed Tax
6,840	7,112	7,150	7,357	7,780	7,979	0	8,348	8,230	8,352	8,452	8,642	8,993	9,191	9,592	10,369	10,579	10,844	10,969	10,699	11,418	13,477	13,668	14,066	13,928	13,112	13,318	13,314	14,043	14,489	14,830	15,699	15,269	19,715	20,520	20,427	0	0	0
Advertising fees
Revenue from Contract with Customer, Excluding Assessed Tax
272,108	283,015	286,619	290,121	277,088	268,294	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Franchise expenses
270,874	281,781	287,915	291,417	278,384	269,590	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Bad debt expense (credit)
Franchise expenses
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other franchise expenses
Franchise expenses
30,042	30,973	33,801	34,063	51,133	61,029	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-