DIAMONDROCK HOSPITALITY CO DRH Income Statement

Diamondrock hospitality co (DRH)

Income statement / Quarterly

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	Aug'12	May'12	Mar'12	Dec'11	Aug'11	Jun'11	Mar'11	Dec'10	Aug'10	Jun'10	Mar'10	Aug'09	Jun'09
Revenues:
Total revenues
169,995	237,519	240,279	257,918	202,375	223,407	220,818	237,949	181,530	207,037	223,486	243,272	196,210	206,621	220,239	256,664	213,034	233,799	238,502	249,801	208,888	223,627	229,217	229,934	190,084	201,466	204,345	218,014	175,863	243,641	183,873	180,950	118,423	189,325	156,837	150,168	103,753	108,829	151,113	151,125	112,828	137,800	143,607
Operating Expenses:
Cost, Depreciation and Amortization
30,100	30,305	29,474	29,335	28,996	27,220	26,369	26,033	24,902	24,059	25,083	25,585	24,363	23,713	23,605	25,005	25,121	26,125	25,107	25,574	24,337	24,074	25,327	25,126	25,123	25,374	25,663	26,607	26,251	34,202	22,612	20,129	20,061	24,174	20,577	18,887	18,549	15,312	21,297	19,074	18,907	18,866	19,729
Impairment losses
-	-	-	-	-	-	-	-	-	-	2,357	-	-	-	0	-	-	0	0	9,675	786	0	0	0	0	-	-	-	-	-	30,376	468	-	-	0	0	-	-	-	-	-	-	1,286
Hotel acquisition costs
-	-	-	-	-	-	-	-	-	0	-245	22	2,251	0	0	0	0	4	453	260	232	979	1,198	0	0	-	23	-	-	-	8,314	1,999	-	-84	445	1,904	256	-	899	337	-	-	-
Corporate expenses
5,557	7,446	6,318	7,403	7,064	6,424	4,521	7,832	9,786	7,512	6,109	6,828	6,262	6,209	4,684	6,736	6,000	6,272	6,048	6,331	5,410	6,021	6,368	4,690	5,188	4,994	4,932	5,301	7,845	5,351	6,227	5,001	4,516	6,347	6,453	4,373	4,074	5,525	3,948	3,560	3,351	3,675	3,651
Business interruption insurance income
0	0	0	0	8,822	3,125	8,227	2,000	6,027	4,051	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on property insurance settlement
-	-	0	-	-	-	1,730	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on insurance proceeds
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	554	608	663	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on litigation settlement, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	10,999	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total operating expenses, net
189,513	75,214	211,033	211,960	185,885	189,031	176,589	200,012	168,011	171,519	189,168	192,621	176,914	172,870	178,936	198,559	188,723	195,511	197,086	205,637	187,482	189,431	191,045	174,897	180,022	179,975	183,400	186,646	174,509	214,168	202,807	158,371	123,087	170,414	144,109	137,867	109,816	102,812	144,350	136,391	114,757	130,589	133,484
Interest and other expense (income), net
-399	-	-	-	303	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating profit
-	-	-	-	-	-	-	-	-	-	34,318	50,651	19,296	-	41,303	58,105	24,311	38,288	41,416	44,164	21,406	34,196	38,172	55,037	10,062	21,491	20,945	31,368	1,354	29,473	-18,934	22,579	-4,664	18,911	12,728	12,301	-6,063	6,017	6,763	14,734	-1,929	7,211	10,123
Other Expenses (Income):
Interest and other income, net
-	-	102	105	-	378	621	296	511	897	372	192	359	311	333	68	50	245	126	227	90	262	156	957	1,652	1,725	1,659	1,659	1,285	27	60	155	63	34	24	263	291	133	283	286	81	82	101
Interest expense
21,218	8,320	14,184	12,418	11,662	10,586	10,233	10,274	9,877	9,691	9,692	9,585	9,513	9,493	9,504	11,074	11,664	13,720	12,907	12,838	13,219	14,462	14,691	14,600	14,525	14,769	14,471	14,456	13,583	17,061	12,732	12,510	11,468	15,292	11,281	10,015	8,818	4,970	11,240	11,089	8,126	11,090	11,086
Gain on repayment of note receivable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	13,550	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss on sales of hotel properties, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,198	8,121	-	-	0	0	-	-	-40	1,290	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on hotel property acquisition
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	23,894	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss on early extinguishment of debt
-	-	-2,400	-	-	-	0	-	-	-	0	-274	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	144	0	0	0	0	-	-	-	-	-	-
Other income, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	38	-	50	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total other expenses, net
-21,617	-7,633	-16,455	-12,313	-11,359	-10,208	-9,612	-9,978	-9,366	-9,558	-9,320	-9,667	-9,154	-8,803	-6,973	-2,885	-11,614	-9,586	-12,781	-12,611	-13,091	33,853	9,369	1,197	-12,873	-14,536	-12,812	-12,797	-12,298	-17,034	-12,672	-12,355	-11,261	-15,258	-11,257	-9,752	-8,527	-4,837	-10,957	-10,803	-8,045	-11,008	-10,985
(Loss) income before income taxes
-41,135	154,672	12,791	33,645	5,131	24,168	34,617	27,959	4,153	25,960	24,998	40,984	10,142	24,948	34,330	55,220	12,697	28,702	28,635	31,553	8,315	68,049	47,541	56,234	-2,811	6,955	8,133	18,571	-10,944	12,439	-31,606	10,224	-15,925	3,653	1,471	2,549	-14,590	1,180	-4,194	3,931	-9,974	-3,797	-862
Income tax benefit
-6,443	20,089	1,217	4,571	-3,849	162	3,174	-50	-185	1,188	3,375	4,389	1,255	1,042	4,393	11,045	-4,081	2,999	4,171	6,731	-2,326	4,433	3,733	4,318	-6,848	127	454	4,451	-6,145	-1,799	-916	1,739	-5,817	731	2,239	3,278	-3,727	938	-660	3,092	-1,628	-4,558	-3,319
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
-34,692	134,583	11,574	29,074	8,980	24,006	31,443	28,009	4,338	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Less: Net loss (income) attributable to noncontrolling interests
-133	530	45	114	35	12	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income from continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	6,828	7,679	14,120	-4,799	14,238	-30,690	8,485	-10,108	2,922	-768	-729	-10,863	-	-	-	-	-	-
Income from discontinued operations, net of income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	22,727	885	952	673	2,390	-14,089	459	12,723	2,015	-247	173	-181	-	-	-	-	-	-
Net (loss) income attributable to common stockholders
-34,559	134,053	11,529	28,960	8,945	23,994	31,443	28,009	4,338	24,772	21,623	36,595	8,887	23,906	29,937	44,175	16,778	25,703	24,464	24,822	10,641	63,616	43,808	51,916	4,037	29,555	8,564	15,072	-4,126	16,628	-44,779	8,944	2,615	4,937	-1,015	-556	-11,044	1,869	-3,534	839	-8,346	761	2,457
Earnings Per Share [Abstract]
Net (loss) income per share available to common stockholders - basic (in dollars per share)
-0.17	0.67	0.06	0.14	0.04	0.12	0.15	0.14	0.02	0.13	0.11	0.18	0.04	0.12	0.15	0.22	0.08	0.14	0.12	0.12	0.05	-	0.22	0.27	-	-	-	0.08	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net (loss) income per share available to common stockholders - diluted (in dollars per share)
-0.17	0.66	0.06	0.14	0.04	0.12	0.15	0.14	0.02	0.13	0.11	0.18	0.04	0.12	0.15	0.22	0.08	0.14	0.12	0.12	0.05	-	0.22	0.26	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Basic and diluted earning per share (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.02	-	0.04	-	-0.02	0.08	-0.24	0.05	0.02	0.03	-0.01	0.00	-0.07	0.02	-0.02	0.01	-0.07	0.01	0.02
Continuing operations (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.02	0.07	-0.16	0.05	-0.06	0.02	-0.01	0.00	-0.07	-	-	-	-	-	-
Discontinued operations (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.00	0.01	-0.08	0.00	0.08	0.01	0.00	0.00	0.00	-	-	-	-	-	-
Continuing operations (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.04	0.07	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Discontinued operations (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.00	0.01	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Rooms
Total revenues
111,801	168,758	174,113	181,629	136,653	161,262	165,750	175,058	128,978	152,627	167,990	177,483	137,832	151,910	163,158	186,113	149,443	168,849	178,529	181,563	144,637	162,999	171,047	165,088	129,736	142,864	145,447	150,059	120,381	171,859	132,578	123,972	81,493	133,548	111,984	101,213	69,283	81,651	99,703	95,730	71,648	88,318	90,228
Operating expenses
35,653	42,356	42,840	42,922	38,819	40,106	41,779	40,593	35,600	38,123	41,945	41,565	36,901	37,414	39,766	43,257	38,714	40,677	42,415	41,993	38,464	41,088	42,534	41,143	38,105	38,572	39,250	38,037	35,181	43,050	35,428	32,605	24,354	35,141	30,141	25,894	20,202	21,735	26,979	24,458	20,073	23,912	22,974
Food and beverage
Total revenues
43,905	53,458	50,624	60,714	50,465	48,811	42,922	51,572	40,792	42,858	42,651	52,762	44,778	42,906	44,069	57,407	50,374	52,511	47,256	56,073	52,333	48,780	45,504	52,182	48,611	47,239	46,214	55,573	44,017	57,547	40,791	46,414	30,211	46,317	36,676	41,834	29,179	21,832	43,370	47,699	35,552	40,836	44,697
Operating expenses
31,087	34,048	34,262	36,456	33,150	30,507	29,047	31,701	27,454	27,136	30,794	33,064	29,466	28,198	29,103	35,265	33,350	34,252	32,143	35,355	35,547	33,547	32,662	34,693	34,500	33,195	33,443	36,974	32,842	39,159	30,008	32,419	23,304	32,458	26,170	28,797	22,588	18,936	30,534	31,490	24,725	29,068	30,320
Hotel, Owned [Member]
Total revenues
14,289	15,303	15,542	15,575	15,257	13,334	12,146	11,319	11,760	11,552	12,845	13,027	13,600	11,805	13,012	13,144	13,217	12,439	12,717	12,165	11,918	11,848	12,666	12,664	11,737	11,363	12,684	12,382	11,465	14,235	10,504	10,564	6,719	9,460	8,177	7,121	5,291	5,346	8,040	7,696	5,628	8,646	8,682
Operating expenses
77,843	91,550	85,157	81,319	75,479	74,383	72,224	82,368	67,560	50,266	77,769	78,608	71,659	70,229	74,123	79,524	78,929	80,214	83,358	77,546	76,505	75,777	75,180	72,393	72,476	71,243	73,082	72,543	67,655	83,134	64,098	59,248	47,785	64,991	55,772	51,655	41,399	36,068	55,613	51,990	44,629	50,161	50,516
Management fees
Operating expenses
3,477	6,730	6,088	7,317	5,340	6,617	6,099	6,610	2,833	3,652	5,356	6,949	6,012	7,107	7,655	8,772	6,609	7,967	7,562	8,903	6,201	7,945	8,330	8,459	5,293	6,620	7,007	7,184	4,735	8,994	5,744	6,502	3,067	7,387	4,551	6,357	2,748	5,036	5,080	5,482	3,072	4,907	5,008
Franchise fees
Operating expenses
5,796	6,971	6,894	7,208	5,859	6,893	6,507	6,875	5,903	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-