Hff, inc. (HF)
Income statement / Quarterly
Mar'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
Revenues

159,182

215,299

161,394

153,731

131,618

185,286

148,022

137,364

138,806

155,696

126,535

117,665

117,530

169,042

113,685

124,992

94,271

142,489

112,611

94,787

76,031

130,968

89,414

81,008

54,215

97,303

69,039

66,754

51,878

75,939

63,907

72,897

41,936

37,490

34,133

Expenses
Cost of services

90,271

111,237

90,700

85,604

78,644

98,767

84,020

79,290

80,131

84,954

71,348

66,486

68,502

91,404

63,549

69,342

56,379

79,215

63,761

53,343

46,074

71,356

49,752

46,592

34,842

53,896

40,187

37,487

32,367

42,199

36,259

40,111

25,410

21,100

18,908

Personnel

20,289

21,755

18,033

18,950

22,064

17,443

15,109

15,290

14,332

11,456

11,733

14,403

13,579

11,979

10,722

13,513

11,518

11,047

11,268

11,134

13,941

12,462

11,029

8,462

8,732

10,349

6,334

5,595

6,784

6,336

5,216

7,526

4,297

3,184

3,377

Occupancy

4,160

4,187

3,991

4,120

3,813

3,834

3,959

4,157

4,215

3,725

3,678

3,377

3,353

3,245

3,258

2,949

2,784

2,711

2,454

2,332

2,351

2,208

2,406

2,159

2,136

2,089

2,043

2,171

1,856

1,498

1,815

1,774

1,925

1,807

1,689

Travel and entertainment

5,918

5,977

4,169

5,011

6,382

5,504

4,294

5,000

4,709

4,575

3,710

4,036

4,465

4,558

2,755

3,672

3,659

3,819

2,414

3,075

2,996

2,799

2,130

2,249

2,319

2,476

1,627

1,950

1,772

1,924

1,355

1,661

1,307

843

922

Supplies, research, and printing

2,316

2,335

2,719

2,569

2,191

2,869

2,269

2,028

1,768

1,707

2,102

2,095

1,796

2,238

2,067

1,674

1,790

1,734

1,556

1,622

1,398

1,212

1,307

1,273

1,130

1,052

1,286

1,275

1,476

1,049

1,288

1,212

903

-962

-789

Insurance

692

730

751

732

689

622

630

619

604

543

534

553

612

756

544

569

603

509

512

511

504

495

490

492

496

492

499

435

423

419

412

410

402

416

435

Professional fees

3,239

1,892

1,852

2,004

1,670

1,771

1,693

1,707

1,906

1,587

1,204

1,449

1,253

1,691

1,323

1,492

1,281

1,208

929

1,131

1,207

1,133

970

924

1,008

1,105

913

982

991

892

1,070

946

941

1,132

928

Depreciation and amortization

6,127

6,007

6,632

5,813

5,481

4,739

4,563

4,032

3,667

3,209

3,063

2,893

2,669

2,590

2,323

2,162

2,119

1,928

1,966

1,883

2,053

1,654

1,550

2,008

1,588

1,514

1,419

1,318

1,516

1,449

1,191

1,032

955

911

911

Interest on warehouse line of credit

3,911

11,814

2,749

3,576

4,211

5,454

3,473

2,118

3,538

3,823

1,885

1,766

1,911

1,013

1,511

1,719

1,297

1,173

638

365

249

262

142

284

551

1,462

1,070

832

648

802

368

245

647

-360

-175

Other operating

3,403

4,840

3,825

3,823

3,766

3,762

3,366

3,726

3,172

2,931

3,017

3,022

2,649

2,598

1,767

2,199

1,605

1,925

1,330

1,385

1,440

1,344

993

1,155

1,534

1,304

1,330

1,243

1,289

1,001

992

1,230

838

859

844

Total expenses

140,326

170,774

135,421

132,202

128,911

144,765

123,376

117,967

118,042

118,510

102,274

100,080

100,789

122,072

89,819

99,291

83,035

105,269

86,828

76,781

72,213

94,925

70,769

65,598

54,336

75,739

56,708

53,288

49,122

57,569

49,966

56,147

37,625

31,574

28,978

Operating income

18,856

44,525

25,973

21,529

2,707

40,521

24,646

19,397

20,764

37,186

24,261

17,585

16,741

46,970

23,866

25,701

11,236

37,220

25,783

18,006

3,818

36,043

18,645

15,410

-121

21,564

12,331

13,466

2,756

18,370

13,941

16,750

4,311

5,916

5,155

Interest and other income, net

14,211

18,811

14,305

11,743

15,171

21,164

12,209

13,042

10,794

9,416

9,053

8,739

6,317

9,037

7,989

9,476

5,541

7,631

4,144

3,241

2,910

2,943

3,546

6,424

4,187

7,506

4,407

5,300

2,836

3,704

3,036

5,361

2,867

1,636

3,957

Interest expense

1

3

3

4

5

4

5

5

7

9

9

11

13

12

13

11

11

9

16

9

7

7

8

9

9

10

11

12

9

7

5

7

10

12

13

(Increase) decrease in payable under the tax receivable agreement

0

0

-1,226

0

0

38,733

479

0

0

0

-1,025

0

0

0

1,052

0

1,091

0

299

0

501

-

-701

-339

-

16,163

1,204

0

-9

-

-3,680

0

-

806

-

Income before income taxes

33,066

63,333

39,049

33,268

17,873

100,414

37,329

32,434

31,551

46,593

32,280

26,313

23,045

55,995

32,894

35,166

17,857

44,842

30,210

21,238

7,222

38,979

21,482

21,486

4,057

12,915

15,523

18,754

5,574

21,857

13,292

22,104

7,168

8,346

9,099

Income tax expense

5,256

18,369

9,432

8,929

805

66,175

15,726

12,972

11,895

19,140

12,260

10,467

9,169

21,871

13,638

13,992

8,448

17,897

12,184

8,630

3,515

16,314

8,137

8,386

1,741

-6,732

5,392

7,824

2,177

8,581

2,353

8,616

2,821

3,890

1,872

Net income attributable to noncontrolling interest

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

47

75

121

614

488

631

298

467

4,528

Net income

27,810

-

-

-

17,068

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

19,647

10,084

10,855

3,276

12,662

10,451

12,857

4,049

3,989

2,699

Net income

-

-

29,617

24,339

-

-

21,603

19,462

19,656

-

20,020

15,846

13,876

34,124

19,256

21,174

9,409

26,945

18,026

12,608

3,707

22,665

13,345

13,100

2,316

19,647

10,131

10,930

3,397

13,276

10,939

13,488

4,347

4,456

7,227

Other comprehensive income:
Foreign currency translation adjustments

15

-403

-192

-814

495

251

-44

-34

-2

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Comprehensive income

27,825

44,561

29,425

23,525

17,563

34,490

21,559

19,428

19,654

27,453

20,020

15,846

13,876

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Earnings per share - Basic and Diluted
Earnings per share available to HFF, Inc. common stockholders - Basic

0.70

1.15

0.75

0.62

0.44

0.89

0.56

0.50

0.51

0.73

0.52

0.41

0.36

0.89

0.51

0.56

0.25

0.71

0.48

0.33

0.10

0.61

0.36

0.35

0.06

0.54

0.27

0.29

0.09

0.36

0.29

0.36

0.11

0.11

0.14

Earnings per share available to HFF, Inc. common stockholders - Diluted

0.69

1.12

0.73

0.61

0.42

0.86

0.54

0.49

0.50

0.71

0.51

0.41

0.36

0.88

0.50

0.55

0.25

0.71

0.47

0.33

0.10

0.60

0.35

0.35

0.06

0.53

0.27

0.29

0.09

0.36

0.29

0.35

0.11

0.11

0.14

Capital Markets Services [Member]
Revenues

153,366

200,569

156,856

148,591

125,458

177,061

142,857

133,715

132,713

148,703

122,349

113,868

113,670

165,822

109,841

121,021

91,257

139,463

110,786

93,579

75,141

129,744

88,546

79,999

52,964

94,513

66,944

64,895

50,555

74,094

62,841

72,056

40,469

36,758

33,679

Interest on Mortgage Notes Receivable [Member]
Revenues

4,589

13,381

3,315

4,269

5,244

7,073

4,325

2,717

4,999

5,924

3,098

2,912

3,264

2,161

3,226

3,329

2,489

2,257

1,213

708

425

500

299

475

845

2,124

1,543

1,332

991

1,181

578

402

1,076

514

278

Other [Member]
Revenues

1,227

1,349

1,223

871

916

1,152

840

932

1,094

1,069

1,088

885

596

1,059

618

642

525

769

612

500

465

724

569

534

406

666

552

527

332

664

488

439

391

218

176