Firstservice corp (FSV)
Income statement / Yearly
Dec'17Dec'16Dec'15Dec'14Dec'13
Revenues

1,705,456

1,482,889

1,264,077

1,132,002

1,038,087

Cost of revenues (exclusive of depreciation and amortization shown below)

1,189,373

1,050,087

883,963

800,046

731,204

Selling, general and administrative expenses

358,238

305,222

279,235

258,678

229,829

Depreciation

27,695

22,774

18,836

17,730

15,710

Amortization of intangible assets

14,354

14,195

10,148

8,744

12,422

Goodwill impairment charge (note 7)

6,150

0

-

-

-

Accelerated amortization of intangible assets

-

-

-

-

11,184

Acquisition-related items (note 3)

2,019

61

408

1,183

655

Spin-off transaction costs

-

-

740

-

-

Operating earnings

107,627

90,550

70,747

45,621

37,083

Interest expense, net

-9,867

-9,152

-9,077

-6,932

-12,826

Other income, net

1,520

232

-60

-255

-20

Earnings before income tax

99,280

81,630

61,610

38,434

24,237

Income tax (note 12)

22,607

27,387

23,412

12,242

5,785

Net earnings

76,673

54,243

38,198

26,192

18,452

Non-controlling interest share of earnings

8,228

5,238

4,560

3,105

1,253

Non-controlling interest redemption increment (note 9)

15,367

15,408

12,243

10,117

14,004

Net earnings attributable to Company

53,078

33,597

21,395

12,970

3,195

Net earnings per common share (note 13)
Basic (in dollars per share)

1.48

0.93

0.59

0.36

0.09

Diluted (in dollars per share)

1.45

0.92

0.59

0.36

0.09