Fleetcor technologies, inc (FLT)
Income statement / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'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

2,688,116

2,648,848

2,592,888

2,531,426

2,469,317

2,433,492

2,400,562

2,358,853

2,315,105

2,249,538

2,154,500

2,061,049

1,937,717

1,831,546

1,747,194

1,714,261

1,700,961

1,702,865

1,648,961

1,492,751

1,361,648

1,199,390

1,078,194

1,008,061

955,428

895,171

842,287

804,069

755,020

707,534

645,077

592,358

554,751

519,591

491,086

468,310

0

0

0

Expenses:
Merchant commissions

-

-

-

-

-

-

-

-

-

113,133

108,280

108,807

100,496

104,345

106,235

109,747

109,164

108,257

114,067

107,355

105,957

96,254

80,747

72,677

71,905

68,143

67,959

63,945

62,041

58,573

55,668

56,085

53,315

51,199

50,216

51,118

0

0

0

Processing

635,258

530,669

516,197

509,581

500,324

487,695

469,270

452,153

444,274

429,613

415,105

400,055

377,424

355,414

340,932

335,658

329,531

331,073

303,064

253,556

217,837

173,337

155,756

147,778

140,943

134,030

127,711

124,806

119,810

115,446

109,092

99,402

92,163

84,516

76,349

72,794

0

0

0

Selling

211,404

204,806

199,574

192,590

184,743

182,593

183,789

184,043

178,991

170,717

161,617

150,737

143,727

131,443

120,744

113,947

109,297

109,075

103,653

94,220

84,444

75,527

71,282

67,191

63,056

57,346

52,139

51,070

47,958

46,429

43,571

40,265

38,994

36,606

34,912

33,096

0

0

0

General and administrative

420,536

407,210

401,931

401,939

391,586

389,172

397,458

391,454

382,610

387,694

349,636

335,486

311,485

283,625

307,547

295,785

295,587

297,715

282,911

257,716

232,224

205,963

172,813

163,425

156,483

142,283

123,030

122,690

115,560

110,122

103,913

92,423

90,673

84,765

73,273

66,925

0

0

0

Gross profit, total

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

Depreciation and amortization

271,241

274,210

272,930

272,850

270,552

274,609

273,208

275,097

271,196

264,560

260,139

248,067

231,794

203,256

189,866

181,308

181,699

193,453

183,235

160,423

136,025

112,361

98,719

91,065

82,526

72,737

63,695

59,226

54,945

52,036

46,844

42,305

39,284

36,171

35,172

34,379

0

0

0

Other operating, net

-1,440

-523

-7,384

-7,645

-7,825

-8,725

0

0

0

-

-

-

-

690

2,457

3,916

4,032

4,242

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating income

1,148,237

1,231,430

1,195,372

1,147,321

1,114,787

1,090,698

1,045,972

997,519

948,779

883,760

859,723

818,141

773,266

754,153

684,327

681,732

679,715

667,534

694,007

649,754

615,087

565,449

498,877

465,925

440,515

420,632

407,753

382,332

354,706

324,928

285,989

261,878

240,322

226,334

221,164

209,998

0

0

0

Investment loss

9,819

-3,470

-15,660

-22,807

-22,807

-7,147

-7,814

-48,433

-50,787

-53,164

-91,100

-46,078

-36,540

-36,356

-41,495

-44,859

-57,161

-57,668

-16,126

-11,507

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other (income) expense, net

9,493

-93

152,002

151,579

151,649

152,166

-654

174,920

175,929

173,436

171,700

-3,864

-4,519

-2,982

-1,234

-773

-1,322

-2,523

4,686

3,924

4,845

700

-6,803

-6,053

-6,315

-602

-732

-885

-825

-1,121

-538

-23

-33

589

1,304

901

0

0

0

Other expense, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest expense, net

-146,672

-150,048

-153,295

-152,863

-146,484

-138,494

-131,111

-124,383

-115,084

-107,146

-98,313

-86,783

-78,832

-71,896

-66,426

-65,775

-67,964

-71,339

-68,046

-55,742

-42,961

-28,856

-21,129

-20,026

-18,474

-16,461

-33,604

-26,602

-20,028

-13,017

-66

-182

-6,451

-13,377

-9,241

-17,902

0

0

0

Loss on extinguishment of debt

-

-

-

-

-

-

-

-

-

-

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

Total other expense

-127,360

-153,611

-19,051

-26,189

-19,740

4,427

-139,579

-1,192

6,762

9,830

-21,009

-136,725

-119,891

-111,234

-109,155

-111,407

-126,447

-131,530

-78,742

-62,168

0

-

0

0

-

-17,063

15,082

14,725

13,727

14,138

32,384

31,753

22,937

15,457

-11,642

-19,670

0

0

0

Income before income taxes

1,020,877

1,077,819

1,176,321

1,121,132

1,095,047

1,095,125

906,393

996,327

955,541

893,590

838,714

681,416

653,375

642,919

575,172

570,325

553,268

536,004

590,599

561,796

544,460

512,943

472,717

443,818

421,187

403,569

392,671

367,607

340,979

310,790

272,391

248,911

224,043

210,877

204,298

190,328

0

0

0

Provision for income taxes

150,851

182,746

214,758

227,680

286,394

283,642

114,213

159,018

164,097

153,390

285,787

201,694

188,387

190,534

165,381

173,382

173,900

173,573

171,458

163,916

156,709

144,236

145,430

133,420

126,239

119,068

116,219

110,127

102,197

94,591

78,492

74,146

66,964

63,542

61,336

58,240

0

0

0

Net income

870,026

895,073

961,563

893,452

808,653

811,483

792,180

837,309

791,444

740,200

552,927

479,722

464,988

452,385

409,791

396,943

379,368

362,431

419,141

397,880

387,751

368,707

327,287

310,398

294,948

284,501

276,452

257,480

238,782

216,199

193,899

174,765

157,079

147,335

142,962

132,088

0

0

0

Earnings per share:
Convertible preferred stock accrued dividends

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

Income attributable to common shareholders for basic earnings per share

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

Basic earnings per share (in dollars per share)

1.73

2.72

2.61

3.03

2.00

3.43

1.78

1.98

1.95

3.13

2.23

1.42

1.34

1.04

1.40

1.25

1.20

0.57

1.27

1.07

1.03

1.25

1.14

1.07

0.91

0.82

0.96

0.90

0.80

0.72

0.71

0.65

0.51

0.47

0.50

0.46

0.40

0.85

0.74

Diluted earnings per share (in dollars per share)

1.67

2.62

2.49

2.90

1.93

3.31

1.71

1.91

1.88

3.03

2.18

1.39

1.31

1.00

1.36

1.22

1.17

0.56

1.24

1.05

1.00

1.22

1.11

1.03

0.88

0.79

0.93

0.87

0.77

0.71

0.69

0.63

0.49

0.45

0.48

0.44

0.39

0.41

0.37

Weighted average shares outstanding:
Basic (in shares)

84,902

86,641

86,662

86,360

85,941

87,610

88,456

89,169

89,765

89,644

90,751

92,013

92,108

92,576

92,631

92,665

92,516

92,328

92,110

91,904

91,750

87,924

83,611

82,996

82,737

82,403

81,974

81,573

81,222

83,451

84,002

83,294

82,565

161,390

80,819

80,151

79

34

33

Diluted (in shares)

88,205

90,383

90,522

90,131

89,244

90,571

92,081

92,702

93,250

92,592

93,001

94,223

94,560

95,236

95,307

95,279

95,030

94,415

94,157

94,050

93,934

90,282

86,134

85,817

85,695

85,294

84,905

84,461

83,960

85,819

86,224

85,737

85,164

167,335

83,649

83,548

83

80

80