Kennedy-Wilson Holdings, Inc. KW Income Statement

Kennedy-wilson holdings, inc. (KW)

Income statement / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Sep'10	Jun'10
Revenue
Total revenue
552,300	569,700	606,100	648,900	723,000	772,400	774,900	861,600	824,200	801,800	788,100	689,900	686,000	690,400	689,200	674,100	638,100	603,700	578,800	533,300	484,800	398,600	274,000	193,800	138,200	123,100	132,020	113,760	91,470	66,900	73,767	71,303	65,703	62,600	41,786	38,056	0	0	0
Management and leasing feesrelated party
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	24,385	21,054	17,523	14,500	11,980	12,469	0	0	0
Commissions
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4,471	4,323	4,915	5,800	6,815	6,484	0	0	0
Commissionsrelated party
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	23,265	24,527	24,143	24,200	5,621	5,545	0	0	0
Rental and hotel
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-
Expenses
General and administrative
41,000	42,400	44,400	47,700	50,300	50,800	48,000	47,100	43,600	42,200	43,800	43,500	45,300	45,400	44,900	44,400	44,400	43,800	45,000	46,800	43,400	42,100	34,400	28,400	26,400	24,600	24,529	23,743	22,231	19,500	18,889	17,204	15,356	14,500	12,639	12,358	0	0	0
Other Depreciation and Amortization
184,000	187,600	189,100	194,200	199,500	206,100	214,000	217,900	218,500	212,500	208,200	202,800	199,600	198,200	194,000	188,900	178,000	166,300	156,700	146,500	133,800	104,500	71,400	41,200	20,300	17,400	15,297	11,786	8,363	4,900	3,875	3,817	3,303	2,800	2,444	1,809	0	0	0
Total expenses
576,500	599,800	632,600	661,900	730,600	766,400	784,400	838,400	804,200	770,800	759,400	694,300	684,600	691,900	662,400	640,800	614,100	572,700	547,300	517,000	463,700	403,100	295,200	218,300	169,800	149,100	154,279	137,839	116,159	91,500	79,589	74,298	69,016	66,100	58,879	55,819	0	0	0
Income from unconsolidated investments, net of depreciation and amortization
148,900	179,700	149,400	89,400	94,400	78,700	81,300	74,900	74,800	77,800	137,700	151,800	149,400	139,600	112,600	96,800	105,400	97,400	52,400	48,600	62,600	54,200	44,500	45,600	29,400	41,400	58,228	46,876	37,184	27,900	0	0	0	-	0	0	0	0	0
Interest income from loan pool participations and notes receivable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	9,291	6,627	5,992	8,000	10,044	12,086	0	0	0
Operating income
-	-	-	-	-	-	-	-	-	-	0	0	150,800	-	139,400	130,100	129,400	128,400	83,900	64,900	83,700	49,700	23,300	21,100	-2,200	15,400	28,843	19,383	11,957	3,300	21,280	18,949	15,439	17,000	5,303	6,635	0	0	0
Gain on sale of real estate, net
443,700	434,400	320,000	353,100	378,700	371,800	453,900	419,800	249,300	226,700	131,700	147,900	97,700	130,700	103,700	86,800	105,200	72,400	44,700	40,100	5,600	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	231	265	392	400	317	295	0	0	0
Interest incomerelated party
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,370	3,792	2,859	2,000	1,129	736	0	0	0
Acquisition-related gains
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	108,100	106,200	105,200	138,100	218,100	254,600	227,300	141,300	56,600	26,600	25,000	25,000	25,500	0	6,348	0	-	0	0	-	0	0
Gain on sale of marketable securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,931	2,931	2,931	0	0	0	0	-	-
Gain on early extinguishment of mortgage debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-
Transaction-related expenses
6,200	6,800	7,000	3,400	2,500	1,700	2,800	3,400	4,100	4,400	2,400	2,400	7,800	9,500	18,300	25,500	21,200	37,300	31,100	28,200	33,800	19,700	16,900	12,100	0	-	0	0	-	-	0	0	-	-	-	-	-	-	-
Interest expense
208,600	215,100	219,700	223,100	234,600	238,200	240,100	241,700	226,600	217,700	247,600	227,600	209,100	191,600	181,700	176,200	169,800	156,700	94,000	76,500	60,400	46,300	33,600	22,600	14,300	11,800	-9,079	-5,124	-870	2,500	0	0	0	-	16,072	12,135	0	0	0
Interest expense-corporate
-	-	-	-	-	-	-	-	-	-	-	-	-	-	50,200	47,400	46,000	-	51,500	55,700	59,600	57,100	51,300	45,700	40,700	39,900	0	0	0	-	-	-	-	-	-	-	-	-	-
Loss on early extinguishment of corporate debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Other income (loss)
3,100	400	-2,100	1,300	10,500	13,100	18,300	14,600	7,900	8,300	3,600	5,800	6,400	6,600	5,800	-400	-2,600	-2,500	0	0	0	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-
Other (expense) income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1,200	800	-1,200	-1,900	0	0	0	-	-	-	-	-	-	-	-	-	-
Realized foreign currency exchange loss
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-112	0	0	0	0	-	-
(Loss) income before provision for income taxes
356,700	362,500	254,500	244,700	279,300	270,100	301,100	287,400	121,300	121,700	90,500	103,000	66,300	90,500	82,700	73,700	145,800	112,400	34,300	28,300	51,400	122,500	173,800	168,200	77,300	16,800	9,468	4,826	4,491	6,500	979	-252	2,568	5,100	-7,763	15,869	0	0	0
Provision for income taxes
43,100	41,400	59,400	56,100	64,600	58,000	16,400	5,800	-14,800	-16,300	12,900	22,100	9,400	14,000	23,000	22,000	62,000	53,400	24,100	26,200	15,500	32,400	43,900	38,100	12,200	2,900	4,721	1,421	783	-200	-4,959	-5,456	-4,146	-2,000	-1,779	7,168	0	0	0
Income from continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5,938	5,204	6,714	7,100	0	0	0	-	-
Loss from discontinued operations, net of income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2	2	2	0	0	0	0	-	-
Gain (loss) from sale of real estate, net of income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	188	188	188	400	0	0	0	-	-
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
313,600	321,100	195,100	188,600	214,700	212,100	284,700	281,600	136,100	138,000	77,600	80,900	56,900	76,500	59,700	51,700	83,800	59,000	10,200	2,100	35,900	90,100	107,800	109,500	0	-	0	0	-	6,700	6,128	5,394	6,904	7,500	-5,984	8,701	0	0	0
Net loss (income) attributable to the noncontrolling interests
87,200	94,400	98,200	100,300	67,600	62,100	66,200	84,100	38,800	37,500	60,700	57,100	43,600	70,900	40,700	15,300	14,500	-15,700	-6,700	800	28,000	68,200	82,700	84,800	58,600	20,300	-2,990	-2,226	-1,198	2,500	2,895	2,789	2,960	1,200	2,510	3,143	0	0	0
Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Net (loss) income attributable to Kennedy-Wilson Holdings, Inc.
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,233	2,605	3,944	6,300	-8,494	5,558	0	0	0
Preferred dividends and accretion of preferred stock issuance costs
0	-	-	-	0	-	-	-	-	-	-	-	-	2,800	2,000	2,000	2,100	3,600	5,100	6,600	8,100	8,100	8,000	8,000	8,000	8,100	8,192	8,228	8,164	8,100	8,100	8,100	8,700	8,700	8,512	7,196	0	0	0
Net loss attributable to Kennedy-Wilson Holdings, Inc. common shareholders
219,500	224,100	96,900	88,300	147,100	150,000	218,500	197,500	97,300	100,500	15,600	22,000	11,000	2,800	17,000	34,400	67,200	71,100	11,800	-5,300	-200	13,800	39,200	37,300	-1,500	-14,500	-245	-2,387	-3,048	-3,900	-4,867	-5,495	-4,756	-2,400	-17,006	-1,638	0	0	0
Basic and diluted loss per share
Earnings Per Share, Basic
-	-	0.15	0.36	-	-	0.09	0.77	-	-	-0.08	0.08	-	0.13	-0.03	-0.02	-0.07	0.29	0.13	0.29	-0.05	-0.34	-0.03	0.39	0.12	-	-0.06	-0.03	-	-	-	-	-	-	-	-	-	-0.17	0.22
Weighted average shares outstanding for basic (in shares)
-	-	139,947	139,623	-	-	141,003	141,483	-	-	111,966	111,723	-	109,472	108,634	109,056	109,214	110,343	107,433	103,721	91,547	90,252	89,267	89,140	88,142	-	72,643	70,976	-	60,538	58,043	51,401	51,160	-	44,016	39,118	40,022	38,961	39,194
Diluted Earnings per share
Income per diluted (in dollars per share)
-	-	0.15	0.36	-	-	0.09	0.77	-	-	-0.08	0.08	-	0.13	-0.03	-0.02	-0.07	0.31	0.13	0.27	-0.05	-0.33	-0.03	0.38	0.12	-	-0.06	-0.03	-	-	-	-	-	-	-	-	-	-	0.20
Weighted average shares outstanding for diluted (in shares)
-	-	140,538	140,377	-	-	141,800	142,707	-	-	111,966	111,723	-	109,472	108,634	109,056	109,214	127,805	107,433	111,428	91,547	85,414	89,267	102,115	89,422	-	72,643	70,976	-	-	-	-	-	-	-	-	40,022	-	43,434
Basic and diluted (loss) income per share
Continuing operations (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.11	-0.06	-0.06	0.18	-0.16	-0.06	-0.02	-	-
Other comprehensive (loss) income, net of tax
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Discontinued operations, net of income taxes (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.00	0.00	0.00	0.01	0.00	0.00	0.00	-	-
Discontinued operations, net of income taxes, per diluted share
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.00	-	-
Loss per share (in dollars per share)
-0.07	-	-	-	-0.04	-	-	-	-0.02	-	-	-	0.00	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.11	-0.06	-0.07	0.19	-0.16	-0.06	-0.02	-	-
Weighted average shares outstanding (in shares)
140,210	-	-	-	139,756	-	-	-	147,941	-	-	-	112,167	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Dividends declared per common share (in dollars per share)
0.22	0.22	0.21	0.21	0.21	0.21	0.19	0.19	0.19	0.19	0.17	0.17	0.17	0.14	0.14	0.14	0.14	0.12	0.12	0.12	0.12	0.09	0.09	0.09	0.09	-	0.07	0.07	-	-	0.05	0.05	0.05	0.03	0.04	0.04	0.00	0.00	-
Rental [Member]
Total revenue
439,300	447,400	458,100	473,200	496,100	514,600	523,700	525,800	514,700	504,700	496,400	493,800	490,300	485,900	472,600	456,300	434,300	404,800	377,800	341,800	281,300	206,900	0	0	0	-	-	-	-	-	6,173	6,354	5,832	5,100	4,996	3,958	0	0	0
Cost of goods sold
148,600	152,900	154,600	153,800	160,200	160,800	160,100	159,900	156,800	151,200	147,600	144,200	140,400	135,400	127,900	122,700	114,400	108,000	100,100	91,600	78,300	59,300	41,000	24,300	17,700	16,700	15,262	11,909	8,230	4,500	3,690	4,038	3,759	3,300	3,145	2,233	0	0	0
Hotel [Member]
Total revenue
72,700	80,500	101,000	119,400	134,400	155,700	149,300	143,100	134,300	127,500	124,700	118,800	116,600	116,200	115,700	115,600	112,100	106,400	104,300	95,900	77,400	63,300	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cost of goods sold
51,500	60,100	78,300	91,600	105,300	121,500	117,800	113,300	106,700	100,300	97,700	95,400	96,200	96,300	95,700	94,600	92,800	89,900	91,100	85,300	70,200	57,100	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Sale of Real Estate [Member]
Total revenue
0	1,100	9,200	15,700	48,500	56,800	56,800	140,100	120,100	111,500	116,000	28,700	28,200	29,300	16,700	15,800	3,500	3,700	13,100	13,100	19,200	28,400	15,300	15,300	15,300	10,100	14,825	14,500	8,400	2,300	1,258	-17	-17	400	417	417	0	0	0
Investment Management and Property Services Fees [Member]
Total revenue
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Investment management, property services and research fees [Member]
Revenue from Contract with Customer, Excluding Assessed Tax
-	-	37,800	40,600	-	45,300	45,000	44,000	42,000	42,900	32,400	35,100	38,300	46,400	69,000	70,000	72,000	69,300	64,500	62,300	85,800	82,600	73,300	81,300	61,800	68,100	101,928	85,043	69,644	53,300	14,215	15,062	13,307	12,600	11,957	9,183	0	0	0
Loan purchases, loan originations, and other [Member]
Revenue from Contract with Customer, Excluding Assessed Tax
-	-	-	-	-	-	-	-	-	15,200	18,600	13,500	12,600	12,600	15,200	16,400	16,200	19,500	19,100	20,200	21,100	17,400	12,100	6,900	3,100	1,900	0	0	0	-	-	-	-	-	-	-	-	-	-
Sale of real estate [Member]
Cost of goods sold
0	1,200	8,100	13,900	45,300	52,500	52,100	109,700	87,900	80,200	82,700	21,800	21,400	22,100	13,100	11,700	2,500	2,600	8,600	8,600	12,500	20,700	11,500	11,300	12,500	7,900	12,025	12,400	7,300	2,200	1,278	3	3	400	397	397	0	0	0
Commission and marketing [Member]
Cost of goods sold
3,500	3,800	4,200	4,100	5,500	5,900	6,000	7,000	6,600	7,200	7,700	8,100	8,200	8,000	9,000	7,700	7,700	7,300	6,100	6,900	6,000	5,600	3,900	2,900	3,300	3,600	4,524	4,895	4,935	4,600	4,661	4,931	4,327	4,000	3,278	2,635	0	0	0
Compensation and related [Member]
Cost of goods sold
147,900	151,800	153,900	156,600	164,500	168,800	186,400	183,500	184,100	177,200	171,700	178,500	173,500	186,500	177,800	170,800	174,300	154,800	139,700	131,300	119,500	113,800	98,700	92,800	78,900	76,700	82,642	73,106	65,100	55,800	47,196	44,305	42,268	41,100	36,976	36,387	0	0	0