Gnc holdings, inc. (GNC)
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
Revenue (Note 3)

472,581

470,351

499,076

533,997

564,764

547,861

580,185

617,944

607,533

-

612,953

650,238

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Revenue (Note 3)

-

-

-

-

-

-

-

-

-

-

-

-

654,948

-

627,964

673,218

668,905

629,110

683,358

689,564

681,266

649,008

656,326

675,216

674,456

611,293

674,501

676,276

664,691

563,212

621,607

619,081

624,272

509,608

538,028

518,535

506,008

-

-

Cost of sales, including warehousing, distribution and occupancy

335,865

315,432

336,448

340,253

361,673

375,427

395,483

410,209

400,659

379,338

411,661

430,455

435,086

403,280

412,556

434,520

433,060

400,876

432,714

433,232

431,833

428,815

408,578

416,636

420,737

386,049

421,311

420,384

408,554

349,623

386,393

379,644

383,563

325,438

343,129

327,618

322,161

-

-

Revenue

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

465,660

455,730

Cost of sales, including cost of warehousing, distribution and occupancy

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

302,601

292,118

Gross profit

136,716

154,919

162,628

193,744

203,091

172,434

184,702

207,735

206,874

183,485

201,292

219,783

219,862

196,640

215,408

238,698

235,845

228,234

250,644

256,332

249,433

220,193

247,748

258,580

253,719

225,244

253,190

255,892

256,137

213,589

235,214

239,437

240,709

184,170

194,899

190,917

183,847

163,059

163,612

Selling, general, and administrative

144,542

138,519

135,795

143,840

148,303

151,721

149,903

158,531

160,730

142,651

156,051

159,540

166,027

166,542

148,392

138,984

143,072

146,283

141,155

140,090

139,768

132,044

147,382

140,844

134,612

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Disposal Group, Not Discontinued Operation, Gain (Loss) on Disposal

-

-

-

-

-

-

-

-

-

-

-

-

-

-2,241

383

16,885

1,015

5,148

945

1,149

338

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Long-lived asset impairments and other store closing costs

157,500

-

0

-

0

-

14,556

-

-

-

3,861

19,356

-

-

3,045

-

-

-

28,333

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss on net asset exchange for the formation of the joint ventures (Note 8)

-1,655

0

0

-1,779

-19,514

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Compensation and related benefits

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

79,283

81,104

79,545

77,184

78,707

78,376

80,044

72,257

72,375

75,363

71,273

69,194

67,641

Advertising and promotion

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

16,751

16,282

20,440

16,940

15,697

13,411

16,219

12,893

12,433

13,391

14,207

10,854

14,122

Other selling, general and administrative

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

31,798

34,917

31,665

32,773

28,717

30,573

31,784

28,947

26,629

29,418

28,483

24,313

25,458

Management realignment (Note 2)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

International franchise receivable reserve

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

163

-

-

-

-

-

-

-

-

-

-

-

-

Reversal of contingent purchase price (Note 2)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

Other income, net

962

-2,511

-179

593

208

86

-282

-320

245

785

-1,579

486

1,133

-848

539

-375

277

-3,385

49

247

-398

-9,608

8,359

3,315

2,148

-

779

82

-

-

-

-

-

-

-

-

-

-

-

Foreign currency loss (gain)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

33

-

8

-17

93

-15

-225

-48

167

92

-19

Transaction related costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

924

0

686

-

637

0

12,362

-

-

Operating (loss) income

-166,034

13,889

26,654

48,718

35,482

-2,881

19,961

48,884

46,389

-392,958

39,801

41,373

54,968

-446,499

64,893

116,224

94,065

83,714

82,150

117,638

109,605

88,481

108,725

121,051

121,255

86,333

125,974

123,671

124,520

87,534

111,177

117,060

112,069

69,521

82,600

72,697

57,689

58,790

56,372

Interest expense, net (Note 7)

-47,444

-

-24,456

-24,964

-32,956

-

-35,732

-32,943

-21,773

-

-16,339

-16,067

-15,894

-

-15,360

-15,275

-14,443

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss on forward contracts for the issuance of convertible preferred stock

0

-

-

-

-16,787

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain (Loss) on Repurchase of Debt Instrument

-

-

0

3,214

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest expense, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-14,024

-13,753

-11,644

-11,515

-11,721

-11,781

-11,675

-11,531

-19,676

-11,237

-11,101

-11,015

-14,598

-12,080

-10,495

-10,383

-10,386

-10,418

-15,723

-38,376

-16,296

-16,274

Loss (gain) on forward contracts for the issuance of convertible preferred stock

-

-

0

0

-

88,900

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss on debt refinancing

-

-

0

0

-

-

0

0

-16,740

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss before income from equity method investments and income taxes

-213,478

-

2,198

26,968

-14,261

-

-15,771

15,941

7,876

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income (loss) before income taxes and income from equity method investments

-

-

-

-

-

-

-

-

-

-397,883

23,462

25,306

39,074

-461,864

49,533

100,949

79,622

69,690

68,397

105,994

98,090

76,760

96,944

109,376

109,724

66,657

114,737

112,570

113,505

72,936

99,097

106,565

101,686

59,135

72,182

56,974

19,313

42,494

40,098

Income tax (benefit) expense (Note 14)

-53,000

24,200

5,700

13,000

2,000

-9,405

-7,200

2,600

1,700

-185,177

2,406

8,662

14,330

-29,448

17,179

36,921

28,807

26,768

22,647

38,637

34,820

24,992

32,630

39,489

39,821

19,000

41,704

40,882

40,862

25,497

36,868

39,894

37,829

21,392

23,519

20,970

9,390

15,825

14,687

Loss before income from equity method investments

-160,443

-34,594

-3,535

13,938

-16,217

58,839

-8,590

13,341

6,190

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

(Loss) income from equity method investments (Note 8)

-39,643

1,104

1,117

2,120

955

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net loss

-200,086

-33,490

-2,418

16,058

-15,262

58,839

-8,590

13,341

6,190

-212,706

21,056

16,644

24,744

-432,416

32,354

64,028

50,815

42,922

45,750

67,357

63,270

51,768

64,314

69,887

69,903

47,657

73,033

71,688

72,643

47,439

62,229

66,671

63,857

37,743

48,663

36,004

9,923

26,669

-

Net income

-200,086

-33,490

-2,418

16,058

-15,262

58,839

-8,590

13,341

6,190

-212,706

21,056

16,644

24,744

-

32,354

64,028

-

-

-

-

-

-

-

-

-

-

-

-

-

-

62,229

66,671

63,857

37,743

48,663

36,004

9,923

26,669

-

Net income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

25,411

Net income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

25,411

Preferred stock dividends

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

494

4,232

5,213

5,086

Net income available to common shareholders

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

37,743

48,663

35,510

5,691

21,456

20,325

Loss per share (Note 12):
Basic (in dollars per share)

-2.45

-0.45

-0.09

0.13

-0.23

0.69

-0.10

0.16

0.07

-3.09

0.31

0.24

0.36

-6.22

0.47

0.94

0.70

0.55

0.55

0.79

0.72

0.59

0.72

0.77

0.75

0.51

0.77

0.74

0.73

0.48

0.61

0.63

0.60

0.38

0.47

0.35

0.07

0.25

0.23

Diluted (in dollars per share)

-2.45

-0.43

-0.09

0.11

-0.23

0.62

-0.10

0.16

0.07

-3.09

0.31

0.24

0.36

-6.21

0.47

0.94

0.69

0.55

0.54

0.79

0.72

0.58

0.71

0.77

0.75

0.50

0.76

0.73

0.73

0.48

0.60

0.62

0.59

0.39

0.45

0.34

0.06

0.24

0.23

Weighted average common shares outstanding (Note 12):
Basic weighted-average shares (in shares)

83,897

83,884

83,823

83,663

83,510

83,476

83,412

83,332

83,232

70,269

68,354

68,287

68,246

68,192

68,190

68,176

73,078

78,673

83,669

85,501

87,865

88,769

89,814

90,414

92,975

94,316

95,183

97,428

98,997

99,149

102,541

106,517

105,805

106,564

104,390

102,723

87,367

87,357

87,353

Diluted weighted-average shares (in shares)

83,897

26,605

83,823

140,942

83,510

94,388

83,412

83,409

83,368

69,925

68,569

68,362

68,300

67,645

68,315

68,303

73,373

78,904

83,958

85,777

88,105

88,824

90,233

90,931

93,684

95,260

96,078

98,333

99,861

100,250

103,721

107,927

107,746

108,693

107,351

105,908

90,088

88,374

88,223

Dividends declared per share (in USD per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.20

0.20

0.20

0.18

0.18

0.18

0.18

0.16

0.16

0.16

0.16

0.15

0.15

0.15

0.15

0.11

0.11

0.11

0.11

-

-

-

-

-

-