Lindblad expeditions holdings, inc. (LIND)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12
Tour revenues

343,091

309,734

266,504

242,346

209,985

198,459

192,237

0

Gross profit

-

-

-

123,369

114,568

108,457

95,582

-

Operating expenses:
Cost of tours

166,608

153,743

135,526

118,977

95,417

90,002

96,655

-

General and administrative

62,744

62,898

60,529

51,896

38,994

36,053

30,431

-

Selling and marketing

54,772

46,987

42,354

39,072

35,083

30,718

29,984

-

Depreciation and amortization

25,769

20,768

17,351

18,420

11,645

11,266

11,645

-

Total operating expenses

309,893

284,396

255,760

109,388

99,066

78,037

72,060

4

Merger-related expenses

-

-

-

-

13,344

-

0

-

Operating income

33,198

25,338

10,744

13,981

15,502

30,420

23,522

-4

Other (expense) income:
Interest expense, net

-12,288

-10,830

-9,736

-10,146

-10,901

-5,293

-7,896

-

Change in fair value of obligation to repurchase shares of common stock

-

-

-

-

-

-

-401

-

(Loss) gain on foreign currency

94

-2,175

1,144

-720

-40

-149

1,281

-

Other expense

-66

-165

-133

-1,173

5,030

67

1

0

Gain on transfer of assets

-

-

454

-83

7,502

-

0

-

Interest expense

-

-

-

-

-

-

-

0

Interest income

-

-

-

-

-

-

-

0

Total other expense

-12,260

-13,170

-8,271

-12,122

1,591

-5,375

-7,015

-

(Loss) income before income taxes

20,938

12,168

2,473

1,859

17,093

25,045

16,507

-

Income tax benefit

2,190

616

10,002

-3,200

-2,649

2,800

1,663

-

Net (loss) income

18,748

11,552

-7,529

5,059

19,742

22,245

-

-

Net (loss) income attributable to noncontrolling interest

2,395

200

1,132

195

0

-

-

-

Net income (loss) attributable to Lindblad Expeditions Holdings, Inc.

16,353

11,352

-8,661

4,864

19,742

22,245

14,844

-4

Non-cash deemed dividend to warrant holders

2,654

-

-

-

-

-

-

-

Net (loss) income available to common stockholders

13,699

11,352

-8,661

-

-

-

-

-

Weighted average shares outstanding
Basic (in shares)

47,440

45,378

44,576

45,649

44,917

-

-

-

Diluted (in shares)

49,426

46,340

44,576

46,456

45,575

-

-

-

Weighted average number of common shares outstanding, basic and diluted (1)

-

-

-

-

-

-

-

5,175

Net (loss) income per share available to common stockholders
Basic (in dollars per share)

0.29

0.25

-0.19

0.11

0.44

-

-

-

Diluted (in dollars per share)

0.28

0.24

-0.19

0.10

0.43

-

-

-

Basic and diluted net loss per share

-

-

-

-

-

-

-

0.00

Class B common stock [Member]
Net income available to common stockholders

-

-

-

-

-

2,694

-

-

Basic

-

-

-

-

-

6,161

-

-

Diluted

-

-

-

-

-

6,161

-

-

Basic

-

-

-

-

-

0.44

-

-

Diluted

-

-

-

-

-

0.44

-

-

Common Stock [Member]
Net income available to common stockholders

-

-

-

-

-

19,551

-

-

Basic

-

-

-

-

-

44,717

-

-

Diluted

-

-

-

-

-

44,717

-

-

Basic

-

-

-

-

-

0.44

-

-

Diluted

-

-

-

-

-

0.44

-

-