EXPEDIA GROUP, INC. EXPE Income Statement

Expedia group, inc. (EXPE)

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	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10	Sep'09	Jun'09
Revenue
2,209,000	2,747,000	3,558,000	3,153,000	2,609,000	2,559,000	3,276,000	2,880,000	2,508,000	2,319,000	2,966,000	2,586,000	2,189,000	2,093,265	2,580,905	2,195,869	1,903,961	1,698,567	1,937,753	1,662,600	1,373,397	1,355,978	1,712,504	1,494,632	1,200,371	1,152,015	1,401,860	1,205,017	1,012,367	974,859	1,199,020	1,039,980	816,488	787,133	1,020,450	913,591	727,835	493,906	987,860	833,960	717,919	852,428	769,768
Costs and expenses:
Cost of revenue (exclusive of depreciation and amortization shown separately below)
629,000	-	-	-	490,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cost of revenue
-	-	569,000	522,000	-	476,000	504,000	498,000	487,000	437,000	459,000	439,000	422,000	371,143	416,907	406,380	402,570	338,493	328,066	321,082	321,918	284,253	299,708	300,501	294,619	248,528	276,318	262,607	250,581	225,132	243,633	229,741	200,098	183,401	206,451	195,810	175,610	168,853	190,033	168,571	158,030	169,436	148,762
Selling and marketing
1,210,000	1,297,000	1,660,000	1,657,000	1,521,000	1,209,000	1,501,000	1,541,000	1,516,000	1,124,000	1,461,000	1,443,000	1,270,000	968,138	1,204,521	1,154,993	1,039,348	788,936	943,289	885,480	763,381	624,214	815,800	743,616	624,699	484,226	625,296	590,468	496,155	393,636	505,756	444,573	377,072	315,081	408,169	400,483	350,908	313,094	344,019	296,830	280,838	284,847	271,492
Technology and content
308,000	591,000	440,000	435,000	297,000	417,000	404,000	400,000	396,000	372,000	350,000	343,000	322,000	324,079	301,446	317,921	291,554	250,570	202,703	186,516	190,455	181,350	172,754	169,075	162,975	155,039	143,816	140,682	138,283	134,344	125,617	116,026	108,911	102,619	98,472	93,101	86,807	41,272	93,297	87,420	86,791	78,637	77,881
General and administrative
187,000	232,000	217,000	214,000	184,000	211,000	202,000	196,000	199,000	198,000	141,000	179,000	158,000	173,605	165,829	192,555	146,011	185,954	130,168	141,394	116,397	118,789	104,999	102,540	99,045	100,460	92,351	91,891	92,376	98,418	85,140	83,218	78,578	87,823	78,680	72,045	71,160	32,860	75,581	79,105	71,058	73,165	67,380
Depreciation and amortization
229,000	-	-	-	228,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of Intangible Assets
-	-	50,000	52,000	-	68,000	71,000	72,000	72,000	71,000	71,000	66,000	67,000	67,881	74,939	84,181	89,999	73,136	31,400	26,880	25,042	21,498	18,519	18,264	18,492	21,810	18,514	18,837	12,570	10,178	9,474	8,631	3,422	4,613	5,564	5,914	5,834	-2,984	8,126	8,344	9,028	9,588	9,302
Impairment of goodwill
765,000	0	0	0	0	-	0	61,000	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Impairment of intangible assets
121,000	-	-	-	0	-	-	-	-	-	-	-	-	-	2,141	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Legal reserves, occupancy tax and other
-21,000	9,000	11,000	4,000	10,000	15,000	-78,000	1,000	3,000	2,000	-1,000	3,000	21,000	-1,650	22,332	4,344	1,974	1,924	-114,550	5,510	2,529	2,696	3,888	31,416	3,539	3,241	6,874	6,246	61,558	111,641	2,310	3,350	-276	1,951	14,015	2,531	2,358	-	-	-	-	-	-
Restructuring and related reorganization charges
75,000	8,000	2,000	4,000	10,000	0	0	0	0	1,000	4,000	10,000	2,000	9,726	6,638	9,833	29,803	22,870	71,679	5,646	4,676	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	13,781	6,098
Acquisition-related and other
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	66,472	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Legal reserves and occupancy tax assessments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	74,211
Operating loss
-1,294,000	160,000	609,000	265,000	-131,000	96,000	672,000	111,000	-165,000	114,000	481,000	103,000	-73,000	147,484	386,152	25,662	-97,298	29,477	344,998	90,092	-51,001	94,706	296,836	129,220	-2,998	138,711	238,691	94,286	-105,628	1,510	227,090	154,441	48,683	91,645	209,099	143,707	35,158	-81,881	276,804	193,690	112,174	222,974	114,642
Other income (expense):
Interest income
10,000	14,000	17,000	17,000	11,000	10,000	34,000	16,000	11,000	9,000	9,000	10,000	6,000	5,651	5,827	4,955	3,567	2,292	4,165	4,693	5,545	6,532	8,075	6,883	5,798	4,942	6,642	7,278	5,917	5,822	7,759	7,072	5,743	5,648	5,784	5,451	3,335	2,782	2,454	1,221	595	1,153	1,417
Interest expense
50,000	53,000	40,000	39,000	41,000	41,000	47,000	51,000	51,000	52,000	44,000	43,000	43,000	42,727	43,374	42,939	43,960	36,427	33,259	28,515	27,994	28,406	25,558	22,321	21,804	22,015	21,966	21,629	21,748	22,306	22,101	21,989	21,392	22,473	23,234	22,489	22,522	-1,977	26,993	20,209	21,203	21,180	20,805
Gain on sale of business
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	508,810	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other, net
-145,000	-1,000	-25,000	-8,000	20,000	-9,000	-47,000	-90,000	36,000	5,000	-31,000	-13,000	-21,000	5,118	-9,050	127	-28,195	-1,275	26,283	-17,023	105,101	15,164	10,172	-7,177	-481	-1,177	-11,287	7,488	2,188	-998	-8,410	-4,660	-6,207	-5,241	10,790	-5,404	-7,182	-3,300	-13,657	817	568	-4,749	-19,073
Total other expense, net
-185,000	-40,000	-48,000	-30,000	-10,000	-40,000	-60,000	-125,000	-4,000	-38,000	-66,000	-46,000	-58,000	-31,958	-46,597	-37,857	-68,588	-35,410	-2,811	467,965	82,652	-6,710	-7,311	-22,615	-16,487	-18,250	-26,611	-6,863	-13,643	-17,482	-22,752	-19,577	-21,856	-22,066	-6,660	-22,442	-26,369	1,459	-38,196	-18,171	-20,040	-24,776	-38,461
Loss before income taxes
-1,479,000	120,000	561,000	235,000	-141,000	56,000	612,000	-14,000	-169,000	76,000	415,000	57,000	-131,000	115,526	339,555	-12,195	-165,886	-5,933	342,187	558,057	31,651	87,996	289,525	106,605	-19,485	120,461	212,080	87,423	-119,271	-15,972	204,338	134,864	26,827	69,579	202,439	121,265	8,789	-80,422	238,608	175,519	92,134	198,198	76,181
Provision for income taxes
-82,000	42,000	154,000	48,000	-41,000	31,000	81,000	-5,000	-20,000	23,000	66,000	3,000	-47,000	30,929	60,627	-18,202	-57,354	6,953	65,950	131,221	-910	31,717	38,904	20,751	319	26,474	45,356	24,408	-11,903	-23,067	36,150	28,755	5,240	9,114	30,599	33,132	2,886	-31,943	60,584	60,166	31,535	80,385	34,338
Income from continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	7,095	168,188	106,109	21,587	60,465	171,840	88,133	5,903	-	-	-	-	-	-
Discontinued operations, net of taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-193	1,543	0	-23,889	10,633	38,566	52,757	46,306	-	-	-	-	-	-
Net loss
-1,397,000	78,000	407,000	187,000	-100,000	25,000	531,000	-9,000	-149,000	53,000	349,000	54,000	-84,000	84,597	278,928	6,007	-108,532	-12,886	276,237	426,836	32,561	56,279	250,621	85,854	-19,804	93,987	166,724	63,015	-107,368	6,902	169,731	106,109	-2,302	71,098	210,406	140,890	52,209	71,584	178,024	115,353	60,599	117,813	41,843
Net (income) loss attributable to non-controlling interests
-96,000	2,000	-2,000	4,000	3,000	8,000	6,000	-10,000	-12,000	-2,000	-3,000	-3,000	2,000	4,988	-403	-25,642	57	-348	-6,979	-22,808	-11,582	-9,690	-6,438	-3,519	-5,500	-730	-4,135	-8,485	-3,142	168	-1,746	868	979	770	872	497	170	291	1,474	1,091	1,204	799	941
Net loss attributable to Expedia Group, Inc.
-1,301,000	76,000	409,000	183,000	-103,000	17,000	525,000	1,000	-137,000	55,000	352,000	57,000	-86,000	79,609	279,331	31,649	-108,589	-12,538	283,216	449,644	44,143	65,969	257,059	89,373	-14,304	94,717	170,859	71,500	-104,226	6,734	171,477	105,241	-3,281	70,328	209,534	140,393	52,039	71,293	176,550	114,262	59,395	117,014	40,902
Income from continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	6,927	169,934	105,241	20,608	59,691	170,947	87,682	5,826	-	-	-	-	-	-
Discontinued operations, net of taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-193	1,543	0	-23,889	10,637	38,587	52,711	46,213	-	-	-	-	-	-
Net income attributable to Expedia, Inc.
-1,301,000	76,000	409,000	183,000	-103,000	17,000	525,000	1,000	-137,000	55,000	352,000	57,000	-86,000	-	279,331	31,649	-	-	-	-	-	-	257,059	89,373	-14,304	-	170,859	71,500	-104,226	6,734	171,477	105,241	-3,281	70,328	209,534	140,393	52,039	71,293	176,550	114,262	59,395	117,014	40,902
Earnings per share from continuing operations attributable to Expedia, Inc. available to common stockholders:
Basic
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.07	1.25	0.79	0.15	0.45	1.26	0.64	0.04	-	-	-	-	-	-
Diluted
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.05	1.20	0.76	0.15	0.45	1.22	0.63	0.04	-	-	-	-	-	-
Loss per share attributable to Expedia Group, Inc. available to common stockholders
Basic (in dollars per share)
-9.24	0.53	2.77	1.23	-0.69	0.10	3.51	0.01	-0.91	0.37	2.32	0.37	-0.57	0.52	1.86	0.21	-0.72	-0.15	2.18	3.49	0.35	0.50	2.01	0.69	-0.11	0.73	1.25	0.52	-0.77	0.06	1.26	0.79	-0.02	0.53	1.54	1.03	0.38	1.74	0.63	0.40	0.21	0.41	0.14
Diluted (in dollars per share)
-9.24	0.54	2.71	1.21	-0.69	0.12	3.43	0.01	-0.91	0.40	2.23	0.36	-0.57	0.52	1.81	0.21	-0.72	-0.14	2.12	3.38	0.34	0.49	1.94	0.67	-0.11	0.71	1.22	0.51	-0.77	0.05	1.21	0.76	-0.02	0.53	1.50	1.01	0.37	1.71	0.62	0.40	0.20	0.40	0.14
Shares used in computing earnings (loss) per share (000's):
Basic (in shares)
140,823	144,613	147,232	149,049	147,882	148,469	149,482	150,076	151,817	152,275	152,088	151,582	150,531	150,625	150,239	149,552	151,052	134,197	129,989	128,887	127,563	127,640	127,911	129,538	130,559	131,276	136,380	136,351	135,641	135,086	135,968	132,556	133,202	133,650	136,176	136,796	136,930	-288,973	281,215	284,088	288,602	288,426	288,180
Diluted (in shares)
140,823	149,458	150,635	151,561	147,882	153,969	153,153	152,617	151,817	160,216	157,760	157,033	150,531	159,248	154,236	153,532	151,052	138,293	133,417	132,960	131,402	136,171	132,274	133,668	130,559	141,168	140,451	141,112	135,641	140,795	141,423	138,192	139,306	136,987	139,684	139,053	139,084	-293,705	286,284	288,975	294,502	293,728	290,889
Dividends declared per common share (in dollars per share)
-	-	-	-	-	-	-	-	-	-	0.30	0.28	0.28	-	0.26	0.24	0.24	0.24	0.24	0.18	0.18	0.18	0.18	0.15	0.15	0.15	0.15	0.13	0.13	0.65	0.13	0.09	0.09	0.14	0.14	0.14	0.14	0.35	0.07	0.07	0.07	-	-