Lindblad expeditions holdings, inc. (LIND)
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'12
Tour revenues

81,238

75,796

100,983

76,658

89,654

70,609

87,242

69,473

82,410

63,221

84,584

55,571

63,128

56,127

70,774

53,871

61,574

46,472

58,561

49,531

55,421

146,918

51,540

0

0

0

0

0

0

0

0

0

0

Gross profit

-

-

-

-

-

-

-

-

-

-

46,104

26,874

30,525

24,261

38,328

24,481

36,299

22,386

33,117

28,045

31,020

-

28,946

-

-

-

-

-

-

-

-

-

-

Operating expenses:
Cost of tours

42,192

41,777

48,294

37,520

39,017

39,098

44,964

33,810

35,871

35,746

38,480

28,697

32,603

31,866

32,446

29,390

25,275

24,086

25,444

21,486

24,401

-

22,594

-

-

-

-

-

-

-

-

-

-

General and administrative

17,226

15,128

15,266

16,268

16,082

17,251

14,718

15,879

15,050

13,820

16,526

15,082

15,101

15,156

12,915

12,637

11,188

11,399

9,684

9,053

8,858

-

7,551

-

-

-

-

-

-

-

-

-

-

Selling and marketing

12,879

12,672

15,531

12,567

14,002

12,076

12,255

10,583

12,073

10,832

11,676

9,550

10,296

9,778

10,164

9,512

9,618

8,249

9,482

8,190

9,162

-

7,778

-

-

-

-

-

-

-

-

-

-

Depreciation and amortization

6,690

7,166

6,233

6,182

6,188

5,705

5,024

4,994

5,045

5,339

4,354

3,895

3,763

3,897

5,080

4,869

4,574

3,309

2,689

2,895

2,752

-

2,937

-

-

-

-

-

-

-

-

-

-

Total operating expenses

78,987

76,743

85,324

72,537

75,289

74,130

76,961

65,266

68,039

165,517

32,556

28,527

29,160

28,831

28,159

27,018

25,380

23,027

27,358

25,641

23,040

59,225

18,267

279

264

-

-

-

-

-

-

-

-

Merger-related expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

70

5,503

5,503

2,268

-

-

-

-

-

-

-

-

-

-

-

-

Operating income

2,251

-947

15,659

4,121

14,365

-3,521

10,281

4,207

14,371

-2,516

13,548

-1,653

1,365

-4,570

10,169

-2,537

10,919

-641

5,759

2,404

7,980

20,285

10,678

-279

-264

-250

-291

-201

-4

-2

-1

0

-0

Other (expense) income:
Interest expense, net

-3,054

-2,897

-3,214

-3,188

-2,989

-2,817

-2,409

-2,870

-2,734

-2,543

-2,802

-2,076

-2,315

-2,232

-2,476

-2,690

-2,748

-2,875

-2,948

-3,889

-1,189

-

-1,320

-9

-

-

-

-

-

-

-

-

-

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

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-2,463

-

-

-

-

-

-

-

-

-

-

(Loss) gain on foreign currency

-3,443

1,275

-2,338

501

656

-746

163

-1,141

-451

97

224

577

246

-429

-5

-357

71

6

148

-78

-116

-

718

-

-

-

-

-

-

-

-

-

-

Other expense

-53

13

-30

-30

-19

-

1

-128

-

-36

59

107

-263

-1,135

-38

0

0

30

-24

4,789

235

-

0

-

22

2

19

6

0

-

-

-

-

Gain on transfer of assets

-

-

-

-

-

-

-

-

8

-

-

-

-

-

-

-

-

-

0

7,502

-

-

0

-

-

-

-

-

-

-

-

-

-

Interest expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

7

-10

0

0

0

0

0

0

0

Interest income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

24

30

12

19

6

0

0

0

0

0

Total other expense

-6,550

-1,609

-5,582

-2,717

-2,352

-3,609

-2,245

-4,139

-3,177

-2,028

-2,519

-1,392

-2,332

-3,879

-2,519

-3,047

-2,677

-2,839

-2,824

8,324

-1,070

-

-3,064

15

-

-

-

-

-

-

-

-

-

(Loss) income before income taxes

-4,299

-2,556

10,077

1,404

12,013

-7,130

8,036

68

11,194

-4,544

11,029

-3,045

-967

-8,449

7,650

-5,584

8,242

-3,480

2,935

10,728

6,910

-

7,614

-

-

-

-

-

-

-

-

-

-

Income tax benefit

-1,828

-2,648

7,351

553

-3,066

-2,578

2,690

227

277

10,475

1,586

-467

-1,592

-88

203

-1,090

-2,225

-3,038

-1,481

1,893

-23

-

333

-

-

-

-

-

-

-

-

-

-

Net (loss) income

-2,471

92

2,726

851

15,079

-4,552

5,346

-159

10,917

-15,019

9,443

-2,578

625

-8,361

7,447

-4,494

10,467

-

4,416

8,835

-

-

-

-

-

-

-

-

-

-

-

-

-

Net (loss) income attributable to noncontrolling interest

-537

1,561

565

-137

406

93

279

-293

121

983

165

-45

29

314

29

-148

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

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

-

-

2,161

988

-

-4,645

5,067

134

10,796

-16,002

9,278

-2,533

596

-8,675

7,418

-4,346

10,467

-442

4,416

8,835

6,933

15,470

7,280

-263

-241

-248

-272

-195

-4

-2

-1

0

-0

Non-cash deemed dividend to warrant holders

-

-

2,654

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net (loss) income available to common stockholders

-1,934

-

-493

-

14,673

-

5,067

-

-

-

-

-

-

-

7,418

-4,346

10,467

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Weighted average shares outstanding
Basic (in shares)

49,625

49,178

48,863

46,155

45,565

44,920

45,423

45,894

45,274

44,713

44,457

44,428

44,707

45,682

45,776

45,670

45,470

45,231

45,004

44,717

44,717

-

-

-

-

-

-

-

-

-

-

-

-

Diluted (in shares)

49,625

51,928

48,863

49,485

47,429

45,559

47,690

46,442

45,667

42,398

45,718

44,428

45,761

47,492

46,541

45,670

46,122

46,409

46,456

44,717

44,717

-

-

-

-

-

-

-

-

-

-

-

-

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

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6,201

6,201

6,201

6,201

5,705

5,175

5,175

5,175

5,175

5,175

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

-0.04

-0.04

-0.01

0.02

0.32

-0.10

0.11

0.00

0.24

-0.35

0.21

-0.06

0.01

-0.18

0.16

-0.10

0.23

-0.02

0.10

0.20

0.16

-

-

-

-

-

-

-

-

-

-

-

-

Diluted (in dollars per share)

-0.04

-0.04

-0.01

0.02

0.31

-0.11

0.11

0.00

0.24

-0.34

0.20

-0.06

0.01

-0.19

0.16

-0.10

0.23

-0.03

0.10

0.20

0.16

-

-

-

-

-

-

-

-

-

-

-

-

Basic and diluted net loss per share

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.04

-0.04

-0.04

-0.04

-0.03

0.00

0.00

0.00

0.00

0.00