GREEN DOT CORP GDOT Income Statement

Green dot corp (GDOT)

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	Sep'10	Jun'10
Operating revenues:
Stock-based retailer incentive compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	614	1,906	2,391	2,131	2,022	2,388	2,559	2,587	1,967	1,609	1,266	1,202	2,593	3,190	3,552	3,549	4,356	5,880	5,216	2,457
Total operating revenues
362,169	249,307	240,448	278,326	340,514	245,108	236,333	263,792	320,342	223,961	201,613	222,548	253,001	162,768	154,494	173,488	228,024	150,928	146,360	170,247	227,165	150,608	144,659	147,016	159,269	142,320	136,544	140,608	154,149	137,302	132,759	135,043	141,181	119,674	115,387	115,030	117,307	88,904	90,318
Operating expenses:
Sales and marketing expenses
116,738	102,355	98,352	87,432	98,701	79,142	72,745	82,478	91,968	73,146	65,586	70,144	71,685	65,487	56,668	63,077	63,864	60,444	52,873	55,845	61,279	62,185	55,599	57,200	60,243	58,471	52,042	51,680	56,177	52,354	51,930	53,014	52,572	42,583	40,851	42,774	42,539	30,305	31,433
Compensation and benefits expenses
53,065	41,961	46,678	48,298	61,475	55,572	57,070	54,478	54,507	55,299	47,271	50,866	41,218	37,377	37,900	41,092	43,087	44,856	40,555	41,461	41,354	34,418	31,487	30,215	26,963	31,990	32,343	31,200	31,754	31,856	29,041	27,880	26,153	23,105	21,763	21,666	21,137	17,621	16,593
Processing expenses
71,095	50,810	49,010	49,222	51,632	42,718	43,654	46,363	48,425	41,288	34,027	44,754	40,942	26,796	25,703	26,544	28,513	23,928	20,496	27,120	30,600	20,160	19,529	17,285	22,079	25,678	22,231	19,948	21,999	18,777	18,802	19,016	20,850	16,314	17,576	17,330	19,733	14,579	13,872
Other general and administrative expenses
62,422	54,424	48,595	49,411	47,321	52,280	62,193	47,849	43,718	39,551	41,677	36,593	37,780	36,630	34,740	29,906	38,074	33,479	34,142	38,903	28,036	33,576	24,716	20,584	26,324	25,717	21,954	20,425	20,880	19,825	18,109	17,998	15,968	15,386	13,889	13,910	13,393	10,976	11,266
Total operating expenses
303,320	249,550	242,635	234,363	259,129	229,712	235,662	231,168	238,618	209,284	188,561	202,357	191,625	166,290	155,011	160,619	173,538	162,707	148,066	163,329	161,269	150,339	131,331	125,284	135,609	141,856	128,570	123,253	130,810	122,812	117,882	117,908	115,543	97,388	94,079	95,680	96,802	73,481	73,164
Operating income
58,849	-243	-2,187	43,963	81,385	15,396	671	32,624	81,724	14,677	13,052	20,191	61,376	-3,522	-517	12,869	54,486	-11,779	-1,706	6,918	65,896	269	13,328	21,732	23,660	464	7,974	17,355	23,339	14,490	14,877	17,135	25,638	22,286	21,308	19,350	20,505	15,423	17,154
Interest expense, net
-49	-89	-112	-165	-1,471	-3,067	-991	-1,280	-1,260	-10,433	1,397	1,533	1,665	1,503	1,430	1,408	4,781	1,434	1,465	1,549	1,496	1,214	17	29	16	17	22	16	17	14	21	17	24	144	105	96	1	23	2
Other income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	6,369	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Income before income taxes
58,800	-332	-2,299	43,798	79,914	12,329	-320	31,344	80,464	5,622	14,290	20,981	62,565	-3,129	-310	12,994	52,006	-12,100	-2,043	6,487	65,778	881	20,662	22,742	24,621	1,413	8,752	18,194	24,141	15,423	15,839	18,303	26,573	22,478	21,442	19,486	20,607	15,511	17,238
Income tax expense
11,955	-2,025	-1,768	9,106	15,871	-1,943	-4,893	1,517	10,433	-6,606	651	1,715	21,811	-1,784	-2,347	4,968	19,124	-6,027	-2,222	2,991	24,965	1,727	6,771	8,399	9,316	377	2,638	6,890	8,555	5,053	6,227	7,434	10,205	8,469	8,139	7,416	7,906	6,540	4,730
Net income
46,845	1,693	-531	34,692	64,043	14,272	4,573	29,827	70,031	12,228	13,639	19,266	40,754	-1,345	2,037	8,026	32,882	-6,073	179	3,496	40,813	-846	13,891	14,343	15,305	1,036	6,114	11,304	15,586	10,370	9,612	10,869	16,368	14,009	13,303	12,070	12,701	8,971	12,508
Preferred Stock Dividends and Other Adjustments
-	-	-	-	-	-	-	-	-	-	-	-	-	-449	35	244	972	-167	5	99	1,165	-779	1,636	1,703	2,282	111	958	1,798	2,493	1,650	1,543	1,756	2,650	558	0	0	0	1,255	7,917
Net income available to common stockholders
-	-	-	-	-	-	-	-	-	-	-	-	-	-896	2,002	7,782	31,910	-5,906	174	3,397	39,648	-67	12,255	12,640	13,023	925	5,156	9,506	13,093	8,720	8,069	9,113	13,718	13,451	13,303	12,070	12,701	7,716	4,591
Earnings Per Share [Abstract]
Basic earnings per common share (in usd per share)
0.89	0.03	-0.01	0.66	1.21	0.25	0.09	0.57	1.36	0.23	0.27	0.39	0.81	-0.02	0.04	0.16	0.64	-0.11	0.00	0.07	0.77	-0.04	0.30	0.32	0.34	0.02	0.14	0.26	0.36	-	-	-	-	-	-	-	-	-	-
Diluted earnings per common share (in usd per share)
0.87	0.03	-0.01	0.64	1.17	0.26	0.08	0.55	1.29	0.20	0.26	0.37	0.78	-0.03	0.04	0.16	0.63	-0.10	0.00	0.06	0.76	-0.04	0.30	0.31	0.33	0.03	0.13	0.25	0.35	-	-	-	-	-	-	-	-	-	-
Earnings Per Share, Diluted
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.35	-	-	-	-	-	-	-	-	-	-
Weighted-average common shares issued and outstanding
Basic weighted-average common shares issued and outstanding (in shares)
51,894	51,547	51,595	52,588	53,050	52,764	52,580	52,105	51,439	50,938	50,519	50,013	50,458	50,367	49,439	48,471	49,863	50,493	51,576	51,811	51,448	46,888	39,884	39,394	37,462	36,910	36,163	35,380	35,047	-	-	-	-	-	-	-	-	-	-
Diluted weighted-average common shares issued and outstanding (in shares)
52,673	51,895	52,295	53,811	54,551	54,685	54,615	54,390	54,234	54,920	52,923	52,452	52,497	51,794	50,709	49,818	50,867	50,926	52,361	52,275	51,938	47,798	40,461	40,052	38,769	37,874	37,771	36,686	36,293	-	-	-	-	-	-	-	-	-	-
Card revenues and other fees
Operating revenues
141,394	105,936	102,231	121,613	129,577	118,564	113,474	120,783	130,060	105,685	100,781	107,340	100,969	82,337	79,056	84,542	91,886	75,179	71,870	83,810	87,224	65,148	58,948	60,892	68,167	56,465	51,066	55,029	64,667	53,113	52,548	57,862	61,222	51,275	49,966	53,924	54,324	40,592	42,228
Processing and settlement service revenues
Operating revenues
123,066	57,792	54,620	67,073	107,579	44,057	43,043	60,618	100,240	38,423	36,681	51,675	90,675	31,541	29,898	41,887	81,016	27,607	28,470	39,416	87,121	43,437	44,085	45,491	46,276	46,198	47,193	45,633	44,335	43,511	41,832	40,246	39,643	35,883	34,724	32,387	31,149	26,484	24,364
Interchange revenues
Operating revenues
90,866	79,278	77,080	81,334	92,541	75,213	74,060	76,948	84,698	68,881	64,151	63,533	61,357	48,890	45,540	47,059	55,122	48,142	46,020	47,635	54,726	44,414	43,757	42,655	47,214	42,216	40,872	41,913	46,756	41,944	39,581	39,528	43,506	36,068	34,246	33,075	37,714	27,044	26,183
Interest income, net
Operating revenues
6,843	6,301	6,517	8,306	10,817	7,274	5,756	5,443	5,344	3,160	2,635	2,323	2,854	1,896	1,637	1,533	2,301	1,113	1,128	1,118	1,378	1,066	982	1,039	977	966	800	855	819	947	983	1,185	959	336	239	232	103	111	86