Installed building products, inc. (IBP)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12
Net revenue

1,511,629

1,336,432

1,132,927

862,980

662,719

518,020

431,929

301,253

Cost of sales

1,076,809

964,841

808,901

610,532

474,426

377,968

322,241

227,210

Gross profit

434,820

371,591

324,026

252,448

188,293

140,052

109,688

74,043

Operating expenses
Selling

75,016

67,105

58,450

49,667

37,702

30,951

25,509

19,807

Administrative

214,134

185,850

164,453

125,472

99,375

80,678

67,194

56,333

Management fees, related parties

-

-

-

-

-

-

-

4,300

Gain on litigation settlement

-

-

-

-

-

-

-

6,975

Amortization

24,500

25,400

26,900

11,259

6,264

2,837

3,057

3,082

Other

-

-

-

-

-

-

-850

608

Operating income

121,160

93,217

74,266

66,050

44,952

25,586

13,078

-1,896

Other expense
Interest expense, net

28,104

20,496

17,381

6,177

3,738

3,166

2,257

1,979

Other

-451

-535

-1,065

-263

716

167

33

136

Non-operating (income) expense

-

-

-

-

-

-

-2,224

-1,843

Income before income taxes

92,605

72,186

55,820

59,610

41,930

22,587

10,854

-3,739

Income tax provision

24,446

17,438

14,680

21,174

15,413

8,607

4,216

555

Net income from continuing operations

-

-

-

-

-

13,980

6,638

-4,294

Loss from discontinued operations

-

-

-

-

-

-78

-960

3,835

Income tax benefit

-

-

-

-

-

-30

-362

1,447

Loss from discontinued operations, net of income taxes

-

-

-

-

-

-48

-598

2,388

Net income

68,159

54,748

41,140

38,436

26,517

13,932

6,040

-1,906

Other comprehensive (loss) income, net of tax:
Unrealized loss on cash flow hedge, net of tax benefit of $1,939 and $921 for the three months ended March 31, 2020 and 2019, respectively

-6,712

-1,050

507

-

-

-

-

-

Comprehensive income

61,447

53,698

41,647

38,436

26,517

-

-

-

Net income (loss) attributable to common stockholders

-

-

-

-

-

-5,965

-183

-7,435

Basic and diluted net income (loss) per share attributable to common stockholders:
Income (loss) per share from continuing operations

-

-

-

-

-

-

0.02

-0.49

Loss from discontinued operations

-

-

-

-

-

-

-0.03

0.12

Basic and diluted net income per share

-

-

-

-

0.85

-0.20

-0.01

-0.37

Basic net income (loss) per share attributable to common stockholders:
Basic net income per share

2.29

1.76

1.30

1.23

-

-

-

-

Diluted net income (loss) per share attributable to common stockholders:
Diluted net income per share

2.28

1.75

1.30

1.23

-

-

-

-

Weighted average shares outstanding:
Basic

29,752

31,107

31,639

31,301

31,298

30,106

22,033

-

Diluted

29,873

31,229

31,756

31,363

31,334

30,106

22,033

-

Weighted average shares outstanding (basic and diluted)

-

-

-

-

-

-

-

20,351