| Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 |
|---|---|---|---|---|---|---|---|---|---|
Revenues | |||||||||
Revenues | |||||||||
662,042 | 609,478 | 517,426 | 501,990 | 425,918 | 355,605 | 284,974 | 254,679 | 139,972 | 77,476 |
Expenses | |||||||||
Cost of services | |||||||||
366,185 | 342,208 | 291,290 | 280,674 | 242,393 | 202,542 | 163,937 | 143,979 | 80,050 | 47,923 |
Personnel | |||||||||
80,802 | 62,174 | 51,171 | 47,732 | 47,390 | 40,685 | 29,062 | 23,375 | 16,103 | 7,144 |
Occupancy | |||||||||
16,111 | 16,165 | 14,133 | 12,236 | 9,848 | 8,909 | 8,159 | 7,012 | 7,054 | 7,573 |
Travel and entertainment | |||||||||
21,539 | 19,507 | 16,786 | 14,644 | 12,304 | 9,497 | 7,825 | 6,247 | 3,837 | 2,841 |
Supplies, research, and printing | |||||||||
9,814 | 8,934 | 7,700 | 7,769 | 6,310 | 4,922 | 5,089 | 4,452 | 3,117 | 2,162 |
Insurance | |||||||||
2,902 | 2,475 | 2,242 | 2,472 | 2,036 | 1,973 | 1,849 | 1,643 | 1,776 | 1,850 |
Professional fees | |||||||||
7,418 | 7,077 | 5,493 | 5,787 | 4,475 | 4,035 | 3,991 | 3,849 | 4,088 | 3,662 |
Depreciation and amortization | |||||||||
23,933 | 17,001 | 11,834 | 9,194 | 7,830 | 6,800 | 5,767 | 4,627 | 3,655 | 3,523 |
Interest on warehouse line of credit | |||||||||
22,350 | 14,583 | 9,385 | 5,540 | 2,425 | 1,239 | 4,012 | 2,062 | 1,333 | 1,979 |
Other operating | |||||||||
16,254 | 14,026 | 11,619 | 8,169 | 6,080 | 5,026 | 5,166 | 4,061 | 3,594 | 2,733 |
Total expenses | |||||||||
567,308 | 504,150 | 421,653 | 394,217 | 341,091 | 285,628 | 234,857 | 201,307 | 124,607 | 81,390 |
Operating income | |||||||||
94,734 | 105,328 | 95,773 | 107,773 | 84,827 | 69,977 | 50,117 | 53,372 | 15,365 | -3,914 |
Interest and other income, net | |||||||||
60,030 | 57,209 | 33,525 | 32,043 | 17,926 | 17,100 | 20,049 | 14,968 | 9,487 | 6,431 |
Interest expense | |||||||||
15 | 21 | 42 | 47 | 41 | 33 | 42 | 29 | 64 | 419 |
(Increase) decrease in payable under the tax receivable agreement | |||||||||
-1,226 | 39,212 | -1,025 | 2,143 | 800 | -1,040 | 17,358 | -3,890 | 813 | 1,889 |
Income before income taxes | |||||||||
153,523 | 201,728 | 128,231 | 141,912 | 103,512 | 86,004 | 52,766 | 64,421 | 25,601 | 3,987 |
Income tax expense | |||||||||
37,535 | 106,768 | 51,036 | 57,949 | 42,226 | 34,578 | 8,661 | 22,371 | 8,612 | 2,208 |
Net income attributable to noncontrolling interest | |||||||||
- | - | - | - | - | - | 243 | 2,031 | 6,098 | 2,531 |
Net income | |||||||||
115,988 | 94,960 | 77,195 | - | - | - | 43,862 | 40,019 | 10,891 | -752 |
Net income | |||||||||
- | - | - | 83,963 | 61,286 | 51,426 | 44,105 | 42,050 | 16,989 | 1,779 |
Other comprehensive income: | |||||||||
Foreign currency translation adjustments | |||||||||
-914 | 171 | - | - | - | - | - | - | - | - |
Comprehensive income | |||||||||
115,074 | 95,131 | 77,195 | 83,963 | - | - | - | - | - | - |
Earnings per share - Basic and Diluted | |||||||||
Earnings per share available to HFF, Inc. common stockholders - Basic | |||||||||
2.96 | 2.46 | 2.02 | 2.21 | 1.62 | 1.38 | 1.19 | 1.12 | 0.40 | -0.05 |
Earnings per share available to HFF, Inc. common stockholders - Diluted | |||||||||
2.88 | 2.39 | 1.99 | 2.18 | 1.61 | 1.36 | 1.18 | 1.11 | 0.40 | -0.05 |
Weighted average shares outstanding - Basic | |||||||||
- | - | - | 37,975 | 37,758 | 37,345 | 36,917 | 35,867 | 26,900 | 16,637 |
Weighted average shares outstanding - Diluted | |||||||||
- | - | - | 38,449 | 37,982 | 37,745 | 37,151 | 36,125 | 27,085 | 16,637 |
Capital Markets Services [Member] | |||||||||
Revenues | |||||||||
631,474 | 586,346 | 498,590 | 487,941 | 418,969 | 351,253 | 276,907 | 249,460 | 136,837 | 72,234 |
Interest on Mortgage Notes Receivable [Member] | |||||||||
Revenues | |||||||||
26,209 | 19,114 | 15,198 | 11,205 | 4,603 | 2,119 | 5,990 | 3,237 | 2,087 | 3,458 |
Other [Member] | |||||||||
Revenues | |||||||||
4,359 | 4,018 | 3,638 | 2,844 | 2,346 | 2,233 | 2,077 | 1,982 | 1,048 | 1,784 |