Encore capital group, inc. (ECPG)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09
Revenues
Revenue from receivable portfolios

1,269,288

1,167,132

1,053,373

1,030,792

1,065,673

992,832

744,870

545,412

448,714

364,294

299,732

Servicing revenue

126,527

148,044

90,087

82,643

57,531

50,597

12,588

905

32

-

-

Other revenues

9,974

5,381

2,342

-

-

-

-

-

-

-

-

Net interest income

-

-

-

-

-

-

15,906

10,460

-

-

-

Servicing fees and other related revenue

-

-

-

-

-

-

-

-

-

-

16,687

Total revenues

1,405,789

1,320,557

1,145,802

1,113,435

1,123,204

1,043,429

773,364

556,777

448,746

364,294

316,419

Allowance reversals on receivable portfolios, net

-8,108

41,473

41,236

-84,177

6,763

-

-

-

-

-

-

Total revenues, adjusted by net allowances

1,397,681

1,362,030

1,187,038

1,029,258

1,129,967

-

-

-

-

-

-

Operating expenses
Salaries and employee benefits

376,365

369,064

315,742

281,097

262,281

238,942

165,040

101,084

77,805

64,077

58,025

Stock-based compensation expense

-

-

-

-

-

-

-

-

-

-

4,384

Cost of legal collections

202,670

205,204

200,058

200,855

229,847

205,661

186,959

168,703

157,050

121,085

112,570

Other operating expenses

108,433

134,934

104,938

100,737

93,210

89,934

66,649

48,939

35,708

32,055

26,013

Collection agency commissions

63,865

47,948

43,703

36,141

37,858

33,343

33,097

15,332

14,162

20,385

19,278

General and administrative expenses

148,256

158,352

158,080

134,046

191,357

139,977

109,713

61,798

39,760

29,798

26,920

Depreciation and amortization

41,029

41,228

39,977

34,868

33,160

27,101

13,547

5,840

4,081

2,552

2,592

Goodwill impairment

10,718

0

0

-

-

-

0

-

-

-

-

Total operating expenses

951,336

956,730

862,498

787,744

847,713

734,958

575,005

401,696

328,566

269,952

249,782

Income from operations

446,345

405,300

324,540

241,514

282,254

308,471

198,359

155,081

120,180

94,342

66,637

Other (expense) income
Interest expense

226,760

240,048

204,161

198,367

186,556

166,942

73,269

25,564

21,116

19,349

16,160

Other income (expense)

-18,343

-8,764

10,847

14,228

2,235

113

-4,222

808

-395

368

3,266

Total other expense

-245,103

-248,812

-193,314

-184,139

-184,321

-166,829

-77,491

-24,756

-21,511

-18,981

-12,894

(Loss) income before income taxes

201,242

156,488

131,226

57,375

97,933

141,642

120,868

130,325

98,669

75,361

53,743

Provision for income taxes

32,333

46,752

52,049

38,205

27,162

48,569

45,388

51,754

38,076

27,967

20,696

Income from continuing operations

168,909

109,736

79,177

19,170

70,771

93,073

75,480

78,571

60,593

47,394

-

Loss from discontinued operations, net of tax

0

0

-199

-2,353

-23,387

5,205

-1,740

-9,094

365

1,658

-

Net (loss) income

168,909

109,736

78,978

16,817

47,384

98,278

73,740

69,477

60,958

-

-

Net loss (income) attributable to noncontrolling interest

1,040

-6,150

-4,250

-59,753

2,249

-5,448

-1,559

0

-

-

-

Net (loss) income attributable to Encore Capital Group, Inc. stockholders

167,869

115,886

83,228

76,570

45,135

103,726

75,299

69,477

60,958

49,052

33,047

Amounts attributable to Encore Capital Group, Inc.:
Income from continuing operations

167,869

115,886

83,427

78,923

68,522

98,521

77,039

78,571

60,593

-

-

Loss from discontinued operations, net of tax

0

0

-199

-2,353

-23,387

5,205

-1,740

-9,094

365

-

-

Net income attributable to Encore Capital Group, Inc. stockholders

167,869

115,886

83,228

76,570

45,135

103,726

75,299

69,477

60,958

49,052

33,047

(Loss) earnings per share attributable to Encore Capital Group, Inc.:
Basic earnings (loss) per share from:
Continuing operations (USD per share)

5.38

4.09

3.21

3.07

2.66

3.81

3.12

3.16

2.47

1.98

-

Discontinued operations (USD per share)

0.00

0.00

-0.01

-0.09

-0.91

0.20

-0.07

-0.36

0.01

0.07

-

Basic (USD per share)

5.38

4.09

3.20

2.98

1.75

4.01

3.05

2.80

2.48

2.05

1.42

Diluted earnings (loss) per share from:
Continuing operations (USD per share)

5.33

4.06

3.16

3.05

2.57

3.58

2.94

3.04

2.36

1.89

-

Discontinued operations (USD per share)

0.00

0.00

-0.01

-0.09

-0.88

0.19

-0.07

-0.35

0.01

0.06

-

Diluted (USD per share)

5.33

4.06

3.15

2.96

1.69

3.77

2.87

2.69

2.37

1.95

1.37

Weighted average shares outstanding:
Basic (shares)

31,210

28,313

25,972

25,713

25,722

25,853

24,659

24,855

24,572

23,897

23,215

Diluted (shares)

31,474

28,572

26,405

25,909

26,647

27,495

26,204

25,836

25,690

25,091

24,082

Unrealized loss on derivative instruments, net of tax

-

-

-

-

-

-

-

-

-

2,302

-

Income tax (provision) benefit related to unrealized gain (loss) on derivative instruments

-

-

-

-

-

-

-

-

-

905

-

Other comprehensive loss, net of tax

-

-

-

-

-

-

-

-

-

1,397

-

Comprehensive income

-

-

-

-

-

-

-

-

-

50,449

-