GREENHILL & CO INC GHL Income Statement

Greenhill & co inc (GHL)

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
Revenues
Revenues
67,099	-	86,550	55,585	51,195	-	86,495	88,051	86,769	-	48,080	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Advisory revenues
-	-	-	-	-	-	-	-	-	-	-	67,038	56,700	-	76,487	90,265	66,553	75,149	50,278	72,962	61,892	76,341	91,669	63,987	48,455	75,412	46,983	83,066	81,447	100,385	72,757	45,148	73,255	85,547	83,198	85,579	48,509	56,677	97,004	61,921	36,597	42,372	45,511
Investment revenues
-	-	486	499	-	-	308	445	774	-	12	231	229	109	91	220	312	554	354	380	-9	308	324	-964	-4,886	916	-2,440	3,624	-1,856	-8,061	-10,010	2,170	9,435	9,087	-22,843	5,188	-272	5,456	-13,065	21,498	12,238	73,891	8,345
Interest income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	132	-	111	108	19	19	243
Revenues
-	106,700	87,036	56,084	-	89,143	86,803	88,496	87,543	66,892	48,092	67,269	56,929	101,591	76,578	90,485	66,865	75,703	50,632	73,342	61,883	76,649	91,993	63,023	43,569	76,328	44,543	86,690	79,591	92,324	62,747	47,318	82,690	94,502	60,355	90,767	48,369	61,894	84,050	83,528	48,855	116,282	54,100
Operating Expenses
Employee compensation and benefits
54,360	44,443	43,376	46,065	45,062	50,140	47,409	48,438	49,208	40,130	37,178	38,843	44,050	53,116	40,746	44,110	44,506	43,476	30,703	39,604	33,417	37,578	45,996	35,135	28,843	40,464	27,073	45,946	42,183	48,864	33,290	28,404	41,237	54,153	30,445	41,753	36,227	45,171	44,187	38,368	32,155	53,160	25,215
Occupancy and equipment rental
5,346	5,629	5,608	5,646	5,406	5,563	5,573	5,508	5,289	5,415	5,300	5,290	4,708	4,951	5,052	4,879	4,671	5,370	5,559	5,482	4,860	4,895	4,956	4,818	4,314	4,772	4,672	4,330	4,320	4,408	4,627	4,477	4,265	4,380	4,444	4,447	4,186	4,530	4,389	3,680	3,149	2,749	3,022
Depreciation and amortization
599	621	632	645	667	701	689	717	763	791	777	760	786	811	793	791	848	897	894	921	721	781	804	830	813	849	861	1,024	1,727	1,777	1,775	1,717	1,971	2,049	2,093	2,010	1,857	1,862	1,708	1,663	752	906	1,277
Information services
2,405	2,431	2,501	2,652	2,356	2,549	2,380	2,652	2,317	2,436	2,459	2,222	2,412	2,202	2,208	2,140	2,370	2,261	2,332	2,192	2,190	2,007	2,419	2,170	2,029	2,279	2,042	1,913	2,065	1,848	2,103	2,205	1,884	1,704	2,001	2,003	1,565	1,638	1,993	1,434	1,739	1,635	1,256
Professional fees
2,322	2,871	2,594	1,926	2,626	2,653	2,642	2,247	2,923	2,724	1,877	2,001	1,610	1,787	1,806	1,749	1,509	2,091	1,606	1,767	2,392	1,573	1,453	1,447	1,178	1,377	1,297	1,639	1,114	1,354	1,304	1,384	1,350	1,303	1,581	1,525	1,285	1,463	1,633	1,988	2,243	1,688	1,552
Travel related expenses
2,388	3,422	3,242	3,363	3,496	3,247	3,439	3,492	3,305	3,440	3,488	3,494	2,720	3,009	3,129	2,958	2,816	3,664	3,257	3,405	2,254	2,852	2,225	3,293	3,016	2,425	2,879	3,237	3,244	2,621	2,270	2,645	3,445	2,565	2,917	2,317	2,526	2,404	2,597	2,908	2,217	1,726	1,984
Other operating expenses
-2,350	29,765	-3,878	-2,155	-5,843	31,928	-3,947	-5,986	-4,722	25,733	-6,418	-4,294	2,350	20,334	-2,748	-3,191	-2,941	2,986	4,473	3,412	3,601	2,753	3,106	2,495	2,747	2,765	2,529	2,940	2,984	3,026	3,158	2,673	3,506	2,865	3,521	3,055	2,506	2,873	2,994	2,653	2,898	2,761	2,301
Total operating expenses
69,770	65,400	61,831	62,452	65,456	67,471	66,079	69,040	68,527	63,945	57,497	56,904	53,936	66,006	57,378	60,620	60,407	59,012	49,490	57,572	49,713	52,699	61,361	50,499	43,205	55,158	41,594	61,276	57,918	64,164	48,769	43,794	57,877	69,441	47,377	57,627	50,878	60,271	60,140	53,282	45,683	64,919	36,952
Total operating income (loss)
-2,671	41,300	25,205	-6,368	-14,261	21,672	20,724	19,456	19,016	2,947	-9,405	10,365	2,993	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest expense
4,783	5,200	5,731	10,621	5,851	5,887	5,696	5,594	5,261	4,717	873	789	819	783	896	802	746	745	666	789	278	260	402	311	265	227	241	247	281	266	242	289	219	422	375	517	726	327	636	584	528	291	341
Income (loss) before taxes
-7,454	36,100	19,474	-16,989	-20,112	15,785	15,028	13,862	13,755	-1,770	-10,278	9,576	2,174	32,358	19,200	29,865	6,458	14,213	1,142	15,770	12,170	23,950	30,632	12,524	364	21,170	2,949	25,414	21,673	28,160	13,978	3,524	24,813	25,061	12,978	33,140	-2,509	1,622	23,909	30,246	3,172	51,363	17,148
Provision (benefit) for taxes
119	11,900	4,545	-4,292	-4,726	4,661	3,811	3,349	7,387	24,468	-4,366	3,331	2,920	8,691	6,090	10,237	2,101	6,321	458	6,351	4,567	8,727	10,759	4,470	126	5,390	1,152	9,927	8,055	13,035	5,389	1,282	8,677	8,949	4,414	11,651	-928	-844	8,695	11,358	320	21,253	6,854
Net income (loss)
-7,573	24,200	14,929	-12,697	-15,386	11,124	11,217	10,513	6,368	-	-5,912	6,245	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Less: Net income allocated to noncontrolling interests
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0	-	0	6	-	473	744	1,337	2,339	65	0
Net income (loss)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	15,780	1,797	15,487	13,618	15,125	8,589	2,242	16,136	16,112	8,564	21,483	-1,581	1,994	14,469	17,550	511	30,044	10,292
Net income (loss)
-	-	-	-	-	-	-	-	-	-	-	-	-746	-	13,110	19,628	4,357	-	684	9,419	7,603	-	19,873	8,054	238	-	1,797	15,487	13,618	-	8,589	2,242	16,136	-	8,564	21,489	-	2,467	15,214	18,887	2,851	30,109	10,293
Average shares outstanding:
Basic (shares)
18,905	24,673	23,546	23,925	23,956	25,633	24,870	26,993	29,755	32,181	32,280	31,933	31,904	33,125	31,686	31,712	31,645	32,561	31,196	30,934	30,095	31,354	30,046	29,954	30,061	30,659	29,792	29,912	30,171	30,931	30,252	30,507	30,522	31,308	30,693	31,009	31,072	31,835	30,754	30,708	29,607	29,662	29,508
Diluted (shares)
18,905	25,658	23,548	23,925	23,956	26,058	26,373	27,922	30,199	32,137	32,280	31,977	31,904	33,173	31,693	31,712	31,716	32,387	31,215	31,026	30,171	31,253	30,048	29,961	30,167	30,655	29,805	29,920	30,260	30,941	30,260	30,512	30,532	31,363	30,693	31,010	31,072	31,833	30,800	30,768	29,701	29,788	29,623
Earnings (loss) per share:
Basic (usd per share)
-0.40	1.05	0.63	-0.53	-0.64	0.41	0.45	0.39	0.21	-0.83	-0.18	0.20	-0.02	0.73	0.41	0.62	0.14	0.25	0.02	0.30	0.25	0.49	0.66	0.27	0.01	0.52	0.06	0.52	0.45	0.50	0.28	0.07	0.53	0.52	0.28	0.69	-0.05	0.06	0.47	0.57	0.02	1.01	0.35
Diluted (usd per share)
-0.40	1.05	0.63	-0.53	-0.64	0.40	0.43	0.38	0.21	-0.83	-0.18	0.20	-0.02	0.72	0.41	0.62	0.14	0.25	0.02	0.30	0.25	0.49	0.66	0.27	0.01	0.52	0.06	0.52	0.45	0.50	0.28	0.07	0.53	0.52	0.28	0.69	-0.05	0.06	0.47	0.57	0.02	1.01	0.35
Dividends declared and paid per share (usd per share)
-	-	-	-	-	-	-	-	-	-	-	0.45	0.45	-	0.45	0.45	0.45	0.45	0.45	0.45	0.45	0.45	0.45	0.45	0.45	0.45	0.45	0.45	0.45	0.45	0.45	0.45	0.45	0.45	0.45	0.45	0.45	0.45	0.45	0.45	0.45	0.45	0.45