NEWMARK GROUP, INC. NMRK Income Statement

Newmark group, inc. (NMRK)

Income statement / Quarterly

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
Revenues:
Revenues
483,930	632,364	586,634	551,478	447,656	631,691	518,809	466,619	430,460	460,576	398,221	405,071	332,582
Expenses:
Compensation and employee benefits
300,257	354,862	341,036	316,737	263,353	342,876	291,382	266,639	261,088	263,095	270,943	238,518	215,145
Equity-based compensation and allocations of net income to limited partnership units and FPUs
12,914	148,965	56,647	39,353	13,871	99,085	40,776	67,367	17,416	94,422	18,217	23,851	10,649
Compensation And Employee Benefits Net
313,171	503,827	397,683	356,090	277,224	441,961	332,158	334,006	278,504	357,517	289,160	262,369	225,794
Operating, administrative and other
92,281	85,918	86,297	101,749	87,893	91,369	84,914	80,048	75,427	60,064	52,313	59,404	47,382
Related Party Transaction, Expenses from Transactions with Related Party
5,812	3,990	7,088	7,222	6,725	6,323	6,644	6,301	6,894	6,531	5,355	4,167	4,718
Depreciation and amortization
46,039	32,634	36,781	33,425	28,304	29,146	25,873	20,201	22,513	24,438	29,922	23,218	18,237
Total operating expenses
457,303	626,369	527,849	498,486	400,146	568,799	449,589	440,556	383,338	448,550	376,750	349,158	296,131
Other income, net
Other income (loss), net
-	-	-	-	9,718	-	-	-	-	-	-	-	-
Other income, net
-	-	108,711	-3,726	-	-	93,717	-365	5,707	-	77,264	-715	-593
Income from operations
28,065	-8,318	167,496	49,266	37,792	91,126	162,937	25,698	52,829	9,997	98,735	55,198	35,858
Interest (expense) income, net
-9,030	-8,141	-8,167	-8,081	-7,699	-14,705	-11,509	-10,582	-13,409	-1,453	1,724	1,381	1,134
Income before income taxes and noncontrolling interests
19,035	-16,459	159,329	41,185	30,093	76,421	151,428	15,116	39,420	8,544	100,459	56,579	36,992
Provision for income taxes
4,797	-132	36,760	9,121	6,687	36,862	35,870	10,822	6,933	54,082	1,989	1,422	-15
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
14,238	-16,327	122,569	32,064	23,406	39,559	115,558	4,294	32,487	-45,538	98,470	55,157	37,007
Less: Net income attributable to noncontrolling interests
6,056	-5,362	33,871	9,396	6,502	21,800	47,321	3,555	12,490	633	-337	12	296
Net income available to common stockholders
8,182	-10,965	88,698	22,668	16,904	17,759	68,237	739	19,997	-46,171	98,807	55,145	36,711
Earnings Per Share [Abstract]
Basic earnings per share
Net income available to common stockholders
5,737	-14,193	85,475	19,444	13,680	14,535	66,563	546	19,997	-46,171	98,807	55,145	36,711
Basic earnings per share (in usd per share)
0.03	-0.08	0.48	0.11	0.08	0.09	0.43	0.00	0.13	-	-	-	-
Weighted Average Number of Shares Outstanding, Basic
177,545	176,711	177,020	178,754	178,611	163,021	155,152	155,157	155,694	-	-	-	-
Earnings Per Share, Diluted [Abstract]
Net Income (Loss) Available to Common Stockholders, Diluted
8,933	-36,616	99,500	23,308	21,968	-5,299	80,038	546	30,286	-	-	-	-
Fully diluted earnings per share (in usd per share)
0.03	-0.09	0.48	0.11	0.08	0.09	0.43	0.00	0.12	-	-	-	-
Weighted Average Number of Shares Outstanding, Diluted
263,646	56,241	206,616	208,150	269,057	67,334	185,134	155,938	246,834	-	-	-	-
Reduction for dividends on preferred stock or units
2,400	-	-	-	3,200	-	-	-	-	-	-	-	-
Commissions
Revenues
268,362	416,728	357,908	346,131	275,268	329,498	319,340	279,833	357,668	312,992	256,918	239,848	204,958
Gains from mortgage banking activities/originations, net
Revenues
50,422	49,316	72,332	45,091	31,346	49,501	51,972	41,877	38,914	41,737	45,455	73,546	45,262
Management services, servicing fees and other
Revenues
165,146	166,320	156,394	160,256	141,042	155,759	147,497	144,909	130,811	105,847	95,848	91,677	82,362
Commissions [Member]
Revenues
-	-	-	-	-	-	-	-	260,735	-	-	-	-