Lindblad expeditions holdings, inc. (LIND)
Income statement / TTM
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

334,675

343,091

337,904

324,163

316,978

309,734

302,346

299,688

285,786

266,504

259,410

245,600

243,900

242,346

232,691

220,478

216,138

209,985

310,431

303,411

253,880

198,459

51,540

0

0

0

0

0

0

0

0

0

0

Gross profit

-

-

-

-

-

-

-

-

-

-

127,764

119,988

117,595

123,369

121,494

116,283

119,847

114,568

121,128

0

0

-

0

-

-

-

-

-

-

-

-

-

-

Operating expenses:
Cost of tours

169,783

166,608

163,929

160,599

156,889

153,743

150,391

143,907

138,794

135,526

131,646

125,612

126,305

118,977

111,197

104,195

96,291

95,417

93,925

0

0

-

0

-

-

-

-

-

-

-

-

-

-

General and administrative

63,888

62,744

64,867

64,319

63,930

62,898

59,467

61,275

60,478

60,529

61,865

58,254

55,809

51,896

48,139

44,908

41,324

38,994

35,146

0

0

-

0

-

-

-

-

-

-

-

-

-

-

Selling and marketing

53,649

54,772

54,176

50,900

48,916

46,987

45,743

45,164

44,131

42,354

41,300

39,788

39,750

39,072

37,543

36,861

35,539

35,083

34,612

0

0

-

0

-

-

-

-

-

-

-

-

-

-

Depreciation and amortization

26,271

25,769

24,308

23,099

21,911

20,768

20,402

19,732

18,633

17,351

15,909

16,635

17,609

18,420

17,832

15,441

13,467

11,645

11,273

0

0

-

0

-

-

-

-

-

-

-

-

-

-

Total operating expenses

313,591

309,893

307,280

298,917

291,646

284,396

375,783

331,378

294,639

255,760

119,074

114,677

113,168

109,388

103,584

102,783

101,406

99,066

135,264

126,174

100,812

78,037

0

0

0

-

-

-

-

-

-

-

-

Merger-related expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

13,344

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Operating income

21,084

33,198

30,624

25,246

25,332

25,338

26,343

29,610

23,750

10,744

8,690

5,311

4,427

13,981

17,910

13,500

18,441

15,502

36,428

41,347

38,664

30,420

9,884

-1,086

-1,009

-748

-500

-210

-8

-4

0

0

0

Other (expense) income:
Interest expense, net

-12,353

-12,288

-12,208

-11,403

-11,085

-10,830

-10,556

-10,949

-10,155

-9,736

-9,425

-9,099

-9,713

-10,146

-10,789

-11,261

-12,460

-10,901

-9,346

-6,407

0

-

0

0

-

-

-

-

-

-

-

-

-

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

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

(Loss) gain on foreign currency

-4,005

94

-1,927

574

-1,068

-2,175

-1,332

-1,271

447

1,144

618

389

-545

-720

-285

-132

147

-40

672

0

0

-

0

-

-

-

-

-

-

-

-

-

-

Other expense

-100

-66

-78

-176

0

-

0

0

-

-133

-1,232

-1,329

-1,436

-1,173

-8

6

4,795

5,030

5,000

5,017

0

-

0

-

50

27

0

0

0

-

-

-

-

Gain on transfer of assets

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

0

0

-

-

0

-

-

-

-

-

-

-

-

-

-

Interest expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-3

-10

0

0

0

0

0

0

0

Interest income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

86

67

37

25

6

0

0

0

0

0

Total other expense

-16,458

-12,260

-14,260

-10,923

-12,345

-13,170

-11,589

-11,863

-9,116

-8,271

-10,122

-10,122

-11,777

-12,122

-11,082

-11,387

-16

1,591

1,365

4,204

0

-

0

0

-

-

-

-

-

-

-

-

-

(Loss) income before income taxes

4,626

20,938

16,364

14,323

12,987

12,168

14,754

17,747

14,634

2,473

-1,432

-4,811

-7,350

1,859

6,828

2,113

18,425

17,093

28,187

0

0

-

0

-

-

-

-

-

-

-

-

-

-

Income tax benefit

3,428

2,190

2,260

-2,401

-2,727

616

13,669

12,565

11,871

10,002

-561

-1,944

-2,567

-3,200

-6,150

-7,834

-4,851

-2,649

722

0

0

-

0

-

-

-

-

-

-

-

-

-

-

Net (loss) income

1,198

18,748

14,104

16,724

15,714

11,552

1,085

5,182

2,763

-7,529

-871

-2,867

-4,783

5,059

17,836

19,224

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

Net (loss) income attributable to noncontrolling interest

1,452

2,395

927

641

485

200

1,090

976

1,224

1,132

463

327

224

195

-119

-148

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

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

-

-

13,177

16,083

-

11,352

-5

4,206

1,539

-8,661

-1,334

-3,194

-5,007

4,864

13,097

10,095

23,276

19,742

35,654

38,518

29,419

22,245

6,526

-1,026

-958

-721

-475

-204

-8

-4

0

0

0

Non-cash deemed dividend to warrant holders

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net (loss) income available to common stockholders

0

-

0

-

0

-

0

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

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