Interpublic group of companies, inc. (IPG)
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'11Dec'10Sep'10Jun'10Mar'10Sep'09Jun'09
REVENUE:
Net revenue

1,972

2,433

2,061

2,125

2,004

2,413

1,895

1,948

1,774

2,131

1,832

1,834

1,675

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Billable expenses

387

468

376

394

356

442

401

443

395

458

375

351

388

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total revenue

2,359

2,901

2,438

2,520

2,361

2,856

2,297

2,391

2,169

2,589

2,208

2,185

2,063

3,474

1,922

1,917

1,742

2,196

1,865

1,876

1,676

2,207

1,841

1,851

1,637

2,122

1,700

1,756

1,543

2,063

1,670

1,715

1,506

2,072

1,726

1,740

1,474

2,005

1,553

1,611

1,337

1,426

1,474

OPERATING EXPENSES:
Salaries and related expenses

1,422

1,432

1,334

1,381

1,421

1,423

1,251

1,292

1,330

1,291

1,218

1,228

1,251

1,215

1,228

1,229

1,268

1,232

1,202

1,205

1,215

1,266

1,195

1,170

1,188

1,199

1,093

1,120

1,132

1,133

1,064

1,088

1,104

1,138

1,088

1,095

1,080

1,139

1,007

991

979

943

968

Office and other direct expenses

378

419

367

387

389

381

317

333

323

335

302

318

312

-125

486

464

450

504

471

455

453

507

474

485

460

538

465

461

453

520

474

450

441

548

465

471

439

537

444

442

416

425

409

Billable expenses

387

468

376

394

356

442

401

443

395

458

375

351

388

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cost of services

2,188

2,320

2,079

2,162

2,166

2,247

1,970

2,069

2,049

2,085

1,897

1,898

1,952

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Selling, general and administrative expenses

22

24

9

18

41

81

21

28

35

49

13

20

35

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Depreciation and amortization

72

65

69

73

71

68

44

44

46

32

42

41

41

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Restructuring charges

0

0

0

2

31

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

1

0

0

-0

0

Total operating expenses

2,283

2,410

2,157

2,256

2,311

2,396

2,035

2,142

2,130

2,166

1,953

1,960

2,029

2,993

1,714

1,693

1,719

1,736

1,673

1,660

1,668

1,774

1,669

1,655

1,649

1,798

1,558

1,581

1,585

1,653

1,539

1,539

1,546

1,687

1,553

1,566

1,520

1,674

1,453

1,434

1,396

1,368

1,377

OPERATING INCOME

75

491

280

264

50

459

261

249

38

423

255

225

34

481

208

224

23

459

191

215

7

433

171

195

-11

324

141

174

-42

409

131

176

-39

385

173

174

-45

330

100

177

-59

58

96

EXPENSES AND OTHER INCOME:
Interest expense

44

48

49

51

49

49

27

26

19

23

21

25

20

21

21

24

22

23

21

20

20

21

20

22

20

24

23

37

36

36

31

32

32

38

32

33

31

37

34

35

32

37

45

Interest income

10

9

9

7

7

7

5

4

4

5

4

4

5

4

4

5

5

5

5

5

7

7

7

6

6

18

-5

5

6

8

6

6

8

10

9

9

8

9

6

6

6

7

8

Other Nonoperating Income (Expense)

-21

-24

-7

-3

-6

-13

-15

-16

-24

-1

-9

-15

0

-26

5

0

-19

-13

-37

0

0

-0

-0

-11

1

-85

46

4

1

95

1

4

-1

13

137

5

-6

17

-3

-2

0

1

-23

Total (expenses) and other income

-55

-63

-47

-47

-48

-55

-37

-37

-40

-19

-26

-36

-14

-44

-11

-18

-36

-31

-52

-14

-13

-14

-13

-27

-12

-10

-64

-26

-28

66

-23

-21

-25

-14

113

-18

-29

-10

-31

-31

-25

-29

-60

Income before income taxes

20

427

232

216

1

403

224

211

-1

403

228

189

19

436

196

205

-13

427

139

201

-5

418

157

168

-24

314

77

147

-71

476

108

155

-65

370

287

155

-75

320

69

146

-85

29

36

Provision for income taxes

17

86

64

43

10

62

60

63

12

135

54

81

-0

105

63

43

-15

145

61

77

-1

87

65

65

-1

103

28

62

-12

140

41

50

-19

93

70

47

-21

98

24

63

-15

3

3

Income of consolidated companies

2

341

168

172

-9

341

163

147

-14

268

173

107

20

331

132

162

2

282

77

123

-4

330

92

103

-22

210

48

85

-58

336

66

105

-46

276

216

108

-53

221

44

82

-69

25

32

Equity in net income (loss) of unconsolidated affiliates

-0

0

0

-0

-0

0

0

-0

-1

0

-1

-0

1

1

0

-1

0

0

0

0

0

0

0

0

-0

1

0

0

0

0

1

0

0

1

0

0

0

1

0

0

-0

0

-1

Net Income (Loss), Including Portion Attributable to Noncontrolling Interest

2

342

168

172

-9

342

163

147

-16

269

172

107

21

333

132

160

2

282

78

123

-4

331

92

103

-22

212

49

86

-58

337

67

105

-45

278

217

108

-53

222

45

83

-70

25

31

Net Income (Loss) Attributable to Nonredeemable Noncontrolling Interest

-2

13

2

3

-1

16

2

2

-2

16

2

-0

-3

19

4

3

-2

22

3

2

-2

22

3

4

-1

19

0

3

-2

20

-3

3

-2

16

6

4

-8

24

0

0

-5

1

3

NET INCOME AVAILABLE TO IPG COMMON STOCKHOLDERS

4

328

165

169

-8

326

161

145

-14

252

169

107

24

314

128

156

5

260

74

121

-1

308

89

99

-20

193

48

82

-56

316

71

101

-43

261

211

104

-45

197

45

82

-64

24

27

Dividends on preferred stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

2

2

2

2

2

2

2

2

2

2

2

2

2

2

6

6

6

Benefit from preferred stock repurchased

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-25

-

0

0

NET INCOME AVAILABLE TO IPG COMMON STOCKHOLDERS

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

193

45

79

-59

313

68

99

-45

259

208

101

-48

195

42

105

-71

17

20

Earnings Per Share [Abstract]
Earnings per share, Basic

0.01

0.85

0.43

0.44

-0.02

0.85

0.42

0.38

-0.04

0.65

0.44

0.27

0.06

0.80

0.32

0.39

0.01

0.63

0.18

0.30

0.00

-

0.21

0.24

-

-

0.11

0.19

-

-

0.16

0.23

-

-

0.45

0.21

-

-

0.09

0.22

-

0.04

0.04

Earnings per share, Diluted

0.01

0.84

0.42

0.43

-0.02

0.84

0.41

0.37

-0.04

0.64

0.43

0.27

0.06

0.77

0.32

0.38

0.01

0.62

0.18

0.29

0.00

-

0.21

0.23

-

-

0.11

0.18

-

-

0.15

0.22

-

-

0.40

0.19

-

-

0.08

0.15

-

0.03

0.04

Loss Per Share, Basic and Diluted

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.05

-

-

-

-0.14

-

-

-

-0.10

-

-

-

-0.10

-

-

-

-0.15

-

-

Weighted-average number of common shares outstanding:
Weighted-average number of common shares outstanding, Basic

387

387

386

386

384

383

382

383

383

384

389

392

391

393

397

400

400

-

407

410

-

-

419

421

-

-

419

425

-

-

431

437

-

-

464

473

-

-

474

473

-

470

467

Weighted-average number of common shares outstanding, Diluted

391

397

391

391

384

394

388

389

383

392

397

400

399

405

407

409

409

-

415

417

-

-

426

428

-

-

426

448

-

-

456

477

-

-

537

546

-

-

533

544

-

513

507

Weighted Average Number of Shares Outstanding, Basic and Diluted

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

411

-

-

-

422

-

-

-

414

-

-

-

437

-

-

-

-

-

-

-

471

-

-

Dividends declared per common share

-

-

-

-

-

-

-

-

-

-

0.18

0.18

0.18

-

0.15

0.15

0.15

0.12

0.12

0.12

0.12

0.09

0.09

0.09

0.09

0.07

0.07

0.07

0.07

0.06

0.06

0.06

0.06

0.06

0.06

0.06

0.06

0.00

0.00

0.00

0.00

-

-