PICO HOLDINGS INC /NEW PICO Income Statement

Pico holdings inc /new (PICO)

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	Dec'10	Sep'10	Jun'10	Mar'10	Sep'09	Jun'09
Revenues and other income:
Sale of real estate and water assets
16,671	28,613	21,143	17,322	25,372	13,637	12,069	11,975	1,538	26,388	25,302	25,642	25,632	633	-171,254	-94,686	-39,656	3,856	221,917	201,615	210,332	192,368	175,986	143,010	130,615	116,776	116,821	117,227	67,283	59,020	62,679	52,951	58,347	55,679	22,208	9,905	0	-	0	0	-	-	-
Sale of software
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	13,649	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Impairment loss on investment in unconsolidated affiliate
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Impairment loss on investment in unconsolidated affiliate
-	-	0	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other income, net
836	785	684	868	767	726	0	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Sale of canola oil and meal
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	173,311	160,084	124,811	85,255	51,719	9,640	0	-	0	0	-	-	-	-	-	-	-
Sale of real estate and water assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Net investment income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	6,422	6,884	0	0	0
Net realized gain (loss) on sale and impairment of investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	8,005	3,823	0	0	0
Other income, net
-	-	-	-	-	-	-	-	-	-	-	17,654	9,880	9,471	3,163	3,521	3,445	4,472	-2,270	-901	2,141	1,198	8,307	29,203	28,732	29,756	29,500	7,303	5,460	5,806	12,552	11,864	10,933	9,160	16,106	16,303	16,811	16,909	3,134	3,450	0	0	0
Total revenues and other income
17,507	29,398	21,827	16,878	24,827	13,051	11,506	12,405	10,427	36,276	40,166	41,126	33,342	7,934	-168,091	-91,165	-56,907	-12,368	163,014	144,081	176,536	192,488	79,377	127,005	164,649	160,181	333,281	293,861	201,204	150,081	116,228	65,505	62,846	64,839	34,836	25,690	22,622	21,546	21,887	23,390	0	0	0
Cost of sales and expenses:
Impairment loss on real estate and water assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Cost of real estate and water assets sold
5,926	8,495	5,782	5,174	7,609	5,246	5,070	5,027	903	13,216	12,614	12,811	12,813	326	-141,012	-80,638	-35,049	1,239	181,507	167,485	173,478	158,200	142,386	113,842	100,460	87,457	85,615	85,043	47,884	42,142	41,864	34,297	38,683	36,851	15,906	5,990	1,945	2,515	2,761	4,176	0	0	0
Cost of software sold
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,033	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
General, administrative, and other
8,139	8,963	8,888	10,680	10,831	11,048	11,496	10,580	11,290	12,414	26,643	29,349	31,838	32,830	1,322	5,841	12,814	20,028	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Sales and marketing
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cost of canola oil and meal sold
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	184,029	171,139	129,493	84,831	47,955	7,762	0	-	0	0	-	-	-	-	-	-	-
Total cost of sales
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-
Operating and other costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	71,990	65,849	55,794	46,566	52,489	45,806	39,152	39,650	29,633	30,820	32,762	34,663	36,739	39,937	0	0	0
Impairment loss on intangible and long-lived assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	2,085	12,309	11,582	11,308	13,084	2,865	2,865	4,275	1,410	1,410	1,410	0	-	0	0	-	-	0	-	-	-	0	-	-	-	-
Depreciation and amortization
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-
Depreciation and amortization
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Interest
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-728	914	1,135	5,606	5,266	4,837	4,153	3,850	2,304	1,014	146	266	594	999	1,356	1,236	1,367	0	0	0
Depreciation and amortization
411	414	330	245	159	76	205	211	229	305	321	459	604	865	713	1,204	1,528	1,660	2,541	2,782	3,003	3,054	2,873	2,587	2,623	2,618	1,231	2,434	2,099	1,967	3,015	1,613	1,521	1,445	0	0	0	-	-	-	-	-	-
Total cost of sales and expenses
14,476	17,872	15,000	16,099	18,599	16,370	16,771	15,818	12,422	25,935	39,578	42,820	45,456	34,222	-151,055	-80,327	-23,909	25,012	222,165	209,320	216,897	239,457	87,851	119,644	164,948	162,348	352,914	333,074	241,408	179,659	154,353	113,186	101,774	99,496	67,265	42,369	0	-	0	0	-	-	-
Total costs and expenses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Income (loss) from continuing operations before income taxes
-	-	6,827	779	-	-3,319	-5,265	-3,413	-1,995	10,341	588	-1,694	-12,114	-26,288	-17,036	-10,838	-32,998	-37,380	-59,151	-65,239	-40,361	-46,969	-8,474	7,361	-299	-2,167	-19,633	-39,213	-40,204	-29,578	-38,125	-47,681	-38,928	-34,657	-38,929	-23,392	-24,755	-28,655	-20,158	-23,386	0	0	0
Income Tax Expense (Benefit)
-	-	-19	-19	-	53	-264	28	2,902	3,082	2,995	2,173	-1,044	-1,135	-725	-173	-2,633	-2,961	-5,927	-6,128	-3,488	-3,514	-77	3,739	3,716	3,197	3,146	-894	-655	-1,069	-2,530	23,673	22,264	22,151	15,444	-11,969	-11,552	-12,518	-9,730	-10,900	0	0	0
Equity in loss of unconsolidated affiliate
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-3,422	-3,929	-2,397	-2,080	-2,076	-2,046	-1,725	-1,044	-565	-89	0	0	-	0	-	-	-5,293	-6,595	-5,961	-4,733	-3,717	-2,414	-1,472	0	0	0
Income (loss) from continuing operations
-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-28,509	-70,432	-64,810	0	-	0	0	-	-	-	-	-	-	-
Income (loss) from continuing operations
-	-	0	0	-	-	0	0	-	-	0	-	-	-	0	0	0	-	0	0	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income on sale and impairment loss on classification of assets as held-for-sale, net of tax
-	-	0	0	-	-	0	0	-	3,053	12,756	20,735	17,989	13,899	9,406	-3,529	-14,030	-24,309	-34,741	-20,065	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income on sale of discontinued operations, net of tax
-	-	-	-	-	-	-	-	-	8,698	9,227	11,319	7,072	1,775	2,335	3,685	20,578	18,729	18,251	16,903	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income from discontinued operations, net of tax
-	-	-	-	-	-	-	-	-	-5,645	3,529	9,416	10,917	12,124	7,071	-7,214	-34,608	-43,038	-52,992	-36,968	0	-	0	0	-	-	-	-	-	-3,143	230	2,053	0	-	0	0	-	-	-	-	-	-	-
Net income (loss)
-	-	-	-	-	-	-	-	-	1,614	1,122	5,549	-153	-13,029	-9,239	-19,820	-67,912	-80,879	-118,228	-116,231	-63,509	-59,605	-34,478	-16,917	-28,324	-29,194	-23,343	-36,855	-43,309	-31,652	-32,654	-69,001	-51,995	-49,802	-49,278	-8,621	-12,935	-14,072	-11,229	-11,505	0	0	0
Net income attributable to noncontrolling interests
-	-	-	-	-	-	-	-	-	1,150	8,310	10,998	10,268	8,836	5,030	5,641	3,922	979	-6,463	-8,621	-7,506	-7,180	-5,351	-5,893	-7,754	-6,896	-5,346	-5,427	-4,157	-2,579	-2,459	5,850	5,338	4,740	4,736	-3,210	-2,939	-2,900	-3,138	-3,214	0	0	0
Net income (loss)
3,031	11,526	6,846	798	6,218	-3,329	-4,345	-4,315	-7,042	464	-7,188	-5,449	-10,421	-21,865	-14,269	-25,461	-71,834	-81,858	-111,765	-107,610	-56,003	-52,425	-29,127	-11,024	-20,570	-22,298	-17,997	-31,428	-39,152	-29,073	-30,195	-74,851	-57,333	-54,542	-52,452	-3,849	-8,434	-11,172	-11,317	-13,197	0	0	0
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
-	-	-	-	-	-	-	-	-	1,614	1,122	5,549	-153	-13,029	-9,239	-19,820	-67,912	-80,879	0	0	0	-	-34,478	-16,917	-28,324	-29,194	-23,343	-36,855	-43,309	-31,652	-32,654	-69,001	-51,995	-49,802	-49,278	-8,621	-12,935	-14,072	-11,229	-11,505	0	0	0
Other comprehensive loss, net of tax:
Net Income (Loss) Attributable to Parent
3,031	11,526	6,846	798	6,218	-3,329	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Unrealized loss on securities, net of deferred income tax and reclassification adjustments
-	-	0	0	-	-544	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	-	-	-	-	-
Foreign currency translation
-	-	-	-	-	-	-	-	-	76	2	27	36	29	95	16	-48	-48	6,248	6,543	6,547	6,578	188	-124	-361	-165	-642	-977	-604	-829	602	-280	-153	-859	0	0	0	-	-	-	-	-	-
Total other comprehensive loss, net of tax
-	-	0	0	-	-	0	0	0	-	0	0	0	-	1,575	554	335	-	4,787	4,303	3,916	4,485	-145	1,174	1,785	2,246	1,593	-555	-1,618	-1,055	-2,132	-7,328	-11,263	-16,286	0	0	0	-	-	-	-	-	-
Comprehensive loss
-	-	-	-	-	-	-	-	-	-4,503	-4,974	819	924	-11,329	-7,664	-19,266	-67,577	-80,635	-113,441	-111,928	-59,593	-55,120	-34,623	-15,743	-26,539	-26,948	-21,750	-37,410	-44,927	-32,707	-77,096	-72,788	0	-	0	0	-	-	-	-	-	-	-
Comprehensive income attributable to noncontrolling interests
-	-	-	-	-	-	-	-	-	1,150	8,310	10,998	10,268	8,836	5,030	5,641	3,922	979	-6,463	-8,621	-7,506	-7,180	-5,351	-5,893	-7,754	-6,896	-5,346	-5,427	-4,157	-2,579	5,313	7,472	0	-	0	0	-	-	-	-	-	-	-
Comprehensive loss attributable to PICO Holdings, Inc.
-	-	6,846	798	-	-3,873	-4,751	-5,102	-13,129	-5,653	-13,284	-10,179	-9,344	-20,165	-12,694	-24,907	-71,499	-81,614	-106,978	-103,307	-52,087	-47,940	-29,272	-9,850	-18,785	-20,052	-16,404	-31,983	-40,770	-30,128	-32,327	-82,179	-68,596	-70,828	0	0	0	-	-	-	-	-	-
Net income (loss) per common share – basic and diluted:
Income (loss) from continuing operations (in dollars per share)
-	-	-	-	-	-	-	-	-	-0.08	-0.13	0.12	0.40	-0.49	-0.20	-0.19	-0.21	-0.13	-0.11	-1.08	-0.32	-	-0.24	-0.09	-	-	-	-	-	-	-	-0.45	-0.24	-	-2.33	-	-	-	-	-	-	-	-
Income (loss) from discontinued operations (in dollars per share)
-	-	-	-	-	-	-	-	-	0.03	-0.07	-0.05	-0.20	0.11	0.07	0.04	-0.08	0.08	-0.50	-1.09	-0.41	-	-0.20	0.17	-	-	-	-	-	-	-	-0.23	0.02	-	0.13	-	-	-	-	-	-	-	-
Net income (loss) per common share – basic and diluted (in dollars per share)
-0.09	-	0.07	-0.06	0.33	-	-0.21	0.19	-0.12	-0.05	-0.20	0.07	0.20	-0.38	-0.13	-0.15	-0.29	-0.05	-0.61	-2.17	-0.73	-	-0.44	0.08	-	-	-	-0.34	-0.66	-	-	-0.68	-0.22	-	-2.20	-	-0.09	-	-0.06	-	-	-	-
Weighted average shares outstanding (in shares)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	22,769	22,723	-	22,700	-	22,700	-	22,657	-	-	-	-
Weighted average shares outstanding (in shares)
19,654	19,856	20,036	20,185	20,539	21,080	21,754	22,358	23,104	23,152	23,138	23,126	23,072	23,070	23,068	23,040	23,038	23,025	23,017	23,009	23,005	-	22,770	22,754	-	-	-	22,737	22,734	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income (loss) per common share - basic ($ per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.58	-	0.36	-	-	-	-0.32	-	-	-	-	-0.07	-	-	-	-	-	-	-
Loss from discontinued operations (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.09	-	-	-	-	0.16	-	-	-	-	-	-	-
Net (income) loss per common share (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.23	-	-	-	-	0.09	-	-	-	-0.11	-	-	-
Weighted average shares outstanding (number of shares)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	22,747	-	22,747	-	-	-	22,769	-	-	-	-	22,700	-	-	-	22,611	22	22,590	19
Net income (loss) per common share - diluted ($ per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.36	-	-	-	-0.32	-	-	-	-	-	-	-	-	-	-	-	-
Loss from discontinued operations (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.09	-	-	-	-	-	-	-	-	-	-	-	-
Net income (loss) per common share (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.23	-	-	-	-	-	-	-	-	-0.11	-0.18	-0.08	-0.12
Weighted average shares outstanding (number of shares)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	23,000	-	-	-	22,769	-	-	-	-	-	-	-	-	22,611	-	-	-