Five star senior living inc. (FVE)
Income statement / Quarterly
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
Senior living revenue

-

-

-

-

-

-

-

-

-

-

-

280,852

282,431

284,869

279,276

279,023

280,090

281,178

279,685

277,935

275,173

274,648

277,411

275,388

271,781

269,078

269,845

268,833

269,306

269,790

268,645

269,093

266,805

265,045

265,623

255,355

252,714

259,767

257,306

Management fee revenue

-

-

-

-

-

-

-

-

-

-

-

3,554

3,563

3,395

3,336

2,815

2,804

2,789

2,717

2,699

2,523

2,469

2,438

2,433

2,425

2,361

2,290

2,281

2,302

2,150

1,277

1,302

1,088

514

359

25

-

-

-

Reimbursed costs incurred on behalf of managed communities

-

-

-

-

-

-

-

-

-

-

-

65,619

64,695

57,988

62,099

61,095

61,318

60,629

62,170

61,635

56,277

55,409

54,490

54,978

54,205

53,786

52,128

52,333

52,244

50,245

27,247

26,098

23,405

11,666

8,324

562

-

-

-

Revenues

297,445

348,873

355,009

355,739

355,523

352,869

348,910

343,098

345,517

348,291

347,101

350,025

350,689

346,252

344,711

342,933

344,212

344,596

344,572

342,269

333,973

332,526

334,339

332,799

328,411

325,225

324,263

323,447

323,852

322,185

297,169

296,493

291,298

277,225

274,306

255,942

252,714

304,803

302,328

Institutional pharmacy revenue

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

20,280

19,913

Rehabilitation hospital revenue

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

24,756

25,109

OPERATING EXPENSES
Senior living wages and benefits

-

-

-

-

-

-

-

-

-

-

-

136,610

138,312

142,558

139,056

135,892

135,804

134,349

135,133

136,351

133,253

131,080

135,507

134,179

132,783

131,424

131,026

130,637

132,646

128,998

131,384

130,252

131,810

130,917

129,264

126,528

123,303

129,071

128,076

Other senior living operating expenses

-

-

-

-

-

-

-

-

-

-

-

74,573

73,287

71,968

70,890

71,934

69,741

77,394

72,637

71,245

72,225

78,089

71,217

70,334

72,817

67,586

68,020

64,884

65,455

67,113

64,579

63,797

64,260

64,543

65,844

59,041

60,063

62,487

58,614

Costs incurred on behalf of managed communities

-

-

-

-

-

-

-

-

-

-

-

65,619

64,695

57,988

62,099

61,095

61,318

60,629

62,170

61,635

56,277

55,409

54,490

54,978

54,205

53,786

52,128

52,333

52,244

50,245

27,247

26,098

23,405

11,666

8,324

562

-

-

-

Rent expense

-

-

-

-

-

52,510

52,282

52,113

52,245

52,007

51,779

51,514

51,231

50,830

50,625

50,117

50,095

50,060

49,730

49,657

49,628

49,601

49,481

49,203

49,074

48,785

48,743

48,279

48,013

47,733

47,659

47,431

47,361

47,068

47,274

44,975

44,633

47,176

46,980

General and administrative

22,865

20,740

20,094

20,548

26,502

20,784

18,965

18,477

19,963

18,479

17,851

19,345

19,537

19,298

18,542

17,573

18,103

18,007

16,587

18,181

17,982

18,198

17,865

16,574

19,748

17,660

15,334

15,059

15,456

16,197

14,647

15,434

15,499

15,273

14,394

14,130

13,646

13,751

14,077

Rent

1,177

20,513

33,169

33,262

54,542

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Depreciation and amortization

2,701

2,716

2,818

2,941

8,165

8,965

9,137

8,977

8,860

9,152

9,753

9,801

9,486

9,205

9,398

9,850

9,599

9,178

8,419

8,123

8,095

8,305

8,278

7,975

7,276

7,331

6,736

6,585

6,370

6,284

6,175

6,203

5,818

5,819

5,368

4,134

3,839

4,047

3,949

Loss (gain) on sale of senior living communities

-

-

-749

-101

-

0

-62

1,509

5,684

7,258

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Goodwill impairment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

25,344

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Long lived asset impairment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

589

-

-

-

-

-

-

-

-

-

-

3,080

-

-

-

-

-

Long-lived asset impairment

0

4

18

112

3,148

96

0

365

0

1,584

142

176

210

-

196

0

306

-

145

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on settlement

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,365

-

-

-

-

-

-

-

Total operating expenses

288,821

333,036

363,014

352,008

387,360

374,474

371,442

363,339

352,700

351,733

353,031

357,638

356,758

351,847

350,806

346,461

344,966

349,617

370,165

345,192

337,460

340,682

337,427

333,243

335,903

326,758

321,987

317,777

320,184

316,570

291,691

285,850

288,153

278,366

270,468

249,370

245,484

298,828

294,140

Institutional pharmacy expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

19,717

19,484

Rehabilitation hospital expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

22,579

22,960

Operating Income (Loss)

8,624

15,837

-8,005

3,731

-31,837

-21,605

-22,532

-20,241

-7,183

-3,442

-5,930

-7,613

-6,069

-5,595

-6,095

-3,528

-754

-5,021

-25,593

-2,923

-3,487

-8,156

-3,088

-444

-7,492

-1,533

2,276

5,670

3,668

5,615

5,478

10,643

3,145

-1,141

3,838

6,572

7,230

5,975

8,188

Interest, dividend and other income

339

379

414

415

156

241

192

218

167

206

167

208

184

218

237

264

265

281

238

243

220

244

214

213

196

182

191

211

197

-

-

-

-

-

-

-

-

-

-

Interest, dividend and other income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

243

199

234

205

264

355

317

304

321

637

Interest and other expense

382

419

384

906

906

1,245

466

604

703

1,108

1,139

1,083

978

955

945

1,511

1,501

1,330

1,106

1,137

1,354

1,328

1,324

1,261

1,218

1,237

1,179

1,355

1,456

1,475

1,762

1,605

1,426

1,512

1,034

870

501

578

813

Unrealized gain (loss) on equity investments

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Acquisition related costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-8

-100

-

-

-229

-226

-1,202

-102

-

-

Gain on investments in trading securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,187

Loss on UBS put right related to auction rate securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-4,044

Gain on early extinguishment of debt

-

-

-

-

-

-

-

-

-

-

143

-

-

-

0

-

-

-

0

692

-

-

-

-

-

-

-599

-

-

-

-

45

-

0

0

0

1

66

418

Unrealized (loss) gain on equity investments

-1,462

-

148

-38

366

-

133

44

-50

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Debt and Equity Securities, Realized Gain (Loss)

-21

2

-9

144

92

107

2

-42

32

-

70

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain (Loss) on Contract Termination

-22,899

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Realized (loss) gain on sale of debt and equity investments, net of tax

-

-

-

-

-

-

-

-

-

-

-

242

39

-140

12

344

-109

122

0

18

20

43

23

13

313

-11

36

-117

87

-

-

-

-

-

-

-

-

-

-

(Loss) gain on sale of available for sale securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-81

63

-

-1

3,460

529

51

76

-

-

Income (Loss) from Continuing Operations before Income Taxes

-15,801

-

-7,836

3,346

-32,129

-

-22,671

-20,625

-7,737

-

-6,689

-8,246

-6,824

-6,472

-6,791

-4,431

-2,099

-5,948

-26,461

-3,107

-4,601

-9,197

-4,175

-1,479

-8,201

-2,599

725

4,409

2,496

4,294

3,878

9,317

1,923

842

3,462

4,868

7,008

5,819

8,549

Income Tax Expense (Benefit)

1,408

-42

-687

-705

1,490

-27

-263

281

256

-3,206

-55

-1,366

91

-490

-934

3,486

289

314

-236

280

304

60,943

-1,763

-364

-2,431

840

164

1,533

-621

2,381

905

3,817

801

-59,021

265

373

534

-123

560

Income (Loss) from Equity Method Investments

0

-42

83

130

404

-366

826

12

44

75

31

374

128

30

13

17

77

-50

-25

23

72

28

38

118

-97

115

64

79

76

80

115

76

45

28

28

46

37

35

-24

Loss from continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-5,952

-5,844

-7,900

-2,311

-6,312

-26,250

-3,364

-4,833

-70,112

-2,374

-997

-5,867

-3,324

625

2,955

3,193

1,993

3,088

5,576

1,167

59,891

3,225

4,541

6,511

5,942

7,989

Income from discontinued operations, net of tax

-

-

-

-

-

-

-

-

-

-

-

-

-

325

-53

234

-312

-71

-1,238

-546

-469

-3,636

-634

-894

-892

-2,106

-1,383

-1,499

-801

-47

13,125

-666

-695

2,100

-3,685

405

-2,201

-784

164

Net Income (Loss) Available to Common Stockholders, Basic

-17,209

16,105

-7,066

4,181

-33,215

-23,658

-21,582

-20,894

-7,949

-1,006

-6,603

-6,506

-6,787

-5,627

-5,897

-7,666

-2,623

-6,383

-27,488

-3,910

-5,302

-73,748

-3,008

-1,891

-6,759

-5,430

-758

1,456

2,392

1,946

16,213

4,910

472

61,991

-460

4,946

4,310

5,158

-

Weighted average shares outstanding—basic and diluted (in dollars per share)

31,448

-

5,012

-

5,004

-

4,968

-

49,594

49,220

49,242

49,192

49,162

48,809

48,846

48,813

48,792

48,434

48,427

48,399

48,364

48,077

48,020

48,013

48,002

-

48,272

-

48,234

-

-

-

-

-

-

-

-

-

-

Net income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

8,153

Weighted average shares outstanding - basic (in shares)

-

-

-

50,067

-

-

-

49,653

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

35,724

35,700

Weighted average shares outstanding - diluted (in shares)

-

-

-

51,422

-

-

-

49,653

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

50,166

-

-

-

-

-

-

-

-

-

38,937

39,484

Continuing operations (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.12

-0.12

-0.16

-0.05

-0.13

-0.54

-0.07

-0.10

-1.46

-0.05

-0.02

-0.12

-0.07

0.01

0.06

0.07

-

-

-

-

-

-

-

-

-

-

Discontinued operations (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

0.01

0.00

0.00

-0.01

0.00

-0.03

-0.01

-0.01

-0.08

-0.01

-0.02

-0.02

-0.04

-0.03

-0.03

-0.02

-

-

-

-

-

-

-

-

-

-

Net loss per share—basic and diluted (in shares)

-0.55

-

-1.41

-

-6.64

-

-4.34

-

-0.16

-0.02

-0.13

-0.13

-0.14

-0.11

-0.12

-0.16

-0.06

-0.13

-0.57

-0.08

-0.11

-1.54

-0.06

-0.04

-0.14

-0.11

-0.02

0.03

0.05

-

-

-

-

-

-

-

-

-

-

Continuing operations (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.04

0.06

0.12

0.02

1.26

0.07

0.12

0.18

0.17

0.22

Discontinued operations (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.28

-0.02

-0.01

0.04

-0.08

0.01

-0.06

-0.02

0.01

Net income (loss) per share—basic (in USD per share)

-

-

-

0.08

-

-

-

-0.42

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.04

0.34

0.10

0.01

1.30

-0.01

0.13

0.12

0.15

0.23

Continuing operations (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.04

0.06

0.11

0.02

1.19

0.07

0.12

0.18

0.16

0.21

Discontinued operations (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.27

-0.01

-0.01

0.04

-0.07

0.01

-0.06

-0.02

0.01

Net income (loss) per share—diluted (in USD per share)

-

-

-

0.08

-

-

-

-0.42

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.04

0.33

0.10

0.01

1.23

0.00

0.13

0.12

0.14

0.22

Total management and operating revenues
Revenues

59,432

-

-

-

280,918

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Senior Living [Member]
Revenues

21,338

274,111

270,047

274,496

266,529

276,296

272,701

270,882

274,525

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Management fees
Revenues

17,051

4,109

4,053

4,024

3,983

3,737

4,009

3,777

3,622

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Rehabilitation and wellness services
Revenues

21,043

-

-

-

10,406

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cost of revenues

16,566

-

-

-

7,820

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Reimbursed community-level costs incurred on behalf of managed communities
Revenues

232,016

81,059

80,909

77,219

74,605

72,836

72,200

68,439

67,370

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cost of revenues

232,016

81,059

80,909

77,219

74,605

72,836

72,200

68,439

67,370

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other reimbursed expenses
Revenues

5,997

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Senior living wages and benefits
Cost of revenues

10,202

144,455

147,048

145,249

136,841

144,346

142,035

140,713

136,169

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other senior living operating expenses
Cost of revenues

3,294

71,363

78,209

72,576

75,737

74,937

76,761

75,764

73,777

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-