Pra group, inc (PRAA)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09Dec'08
Revenues:
Income recognized on finance receivables

998,361

891,899

795,435

845,142

865,122

807,474

663,546

530,635

401,895

309,680

215,612

-206,486

Fee income

15,769

14,916

24,916

77,381

64,383

65,675

71,532

62,164

57,040

63,026

65,479

56,789

Other revenue

2,951

1,441

7,855

8,080

12,513

7,820

57

2

-

-

-

-

Total revenues

1,017,081

908,256

828,206

930,603

942,018

880,969

735,135

592,801

458,935

372,706

281,091

263,275

Net allowance charges

24,025

33,425

11,898

98,479

-

-

-

-

-

-

-

-

Operating expenses:
Compensation and employee services

310,441

319,400

273,033

258,846

268,345

234,531

192,474

168,356

138,202

124,077

106,388

88,073

Legal collection fees

55,261

42,941

43,351

47,717

129,456

139,161

41,488

34,393

23,621

17,599

14,872

-

Legal collection costs

134,156

104,988

76,047

84,485

-

-

83,063

72,325

38,659

31,330

16,462

-

Agency fees

55,812

33,854

35,530

44,922

32,188

16,399

5,901

5,906

7,653

12,012

15,644

-

Outside fees and services

63,513

61,492

62,792

63,098

65,155

55,821

31,615

28,867

19,310

12,554

9,570

8,883

Communication

44,057

43,224

33,132

33,771

33,113

33,085

28,161

25,225

20,874

17,226

14,773

10,304

Legal and agency fees and costs

-

-

-

-

-

-

-

-

-

-

-

52,869

Rent and occupancy

17,854

16,906

14,823

15,710

14,714

11,509

8,311

7,498

5,891

5,313

4,761

3,908

Depreciation and amortization

17,464

19,322

19,763

24,359

19,874

18,414

14,417

14,515

12,943

12,437

9,213

7,424

Other operating expenses

46,811

47,444

44,103

39,466

68,829

29,981

25,781

19,661

14,914

10,296

8,799

6,977

Impairment of goodwill

-

-

-

-

-

-

6,397

0

0

-

-

-

Total operating expenses

745,369

689,571

602,574

612,374

631,674

538,901

437,608

376,746

282,067

242,844

200,482

178,438

Gain on sale of property

-

-

-

-

-

-

-

-

1,157

0

-

-

Income from operations

247,687

185,260

213,734

219,750

310,344

342,068

297,527

216,055

178,025

129,862

80,609

84,837

Other income and (expense):
Gain on sale of subsidiaries

0

26,575

48,474

0

0

-

-

-

-

-

-

-

Interest expense, net

-141,918

-121,078

-98,041

-80,864

-60,336

35,226

14,466

9,041

10,569

9,052

7,909

11,151

Interest income

-

-

-

-

-

-

-

10

7

65

3

60

Impairment of investments

-

-

-

-

-

0

-

-

-

-

-

-

Foreign exchange gain

11,954

-944

-1,104

2,564

7,514

-5,829

4

9

-

-

-

-

Other Nonoperating Income (Expense)

-364

-316

-2,790

-5,823

0

-

-

-

-

-

-

-

Income before income taxes

117,359

89,497

160,273

135,627

257,522

301,013

283,065

207,033

167,463

120,875

72,703

73,746

Income Tax Expense (Benefit)

19,680

13,763

-10,852

43,577

89,391

124,508

106,146

80,934

66,319

47,004

28,397

28,384

Net Income (Loss), Including Portion Attributable to Noncontrolling Interest

97,679

75,734

171,125

92,050

168,131

176,505

176,919

126,099

101,144

73,871

44,306

45,362

Adjustment for net income attributable to noncontrolling interests

11,521

10,171

6,810

5,795

205

0

-1,605

-494

353

417

-

-

Net income attributable to PRA Group, Inc.

86,158

65,563

164,315

86,255

167,926

176,505

175,314

126,593

100,791

73,454

44,306

45,362

Net income per common share attributable to PRA Group, Inc.:
Basic (in dollars per share)

1.90

1.45

3.60

1.86

3.49

3.53

3.48

2.48

1.96

4.37

2.87

2.98

Diluted (in dollars per share)

1.89

1.44

3.59

1.86

3.47

3.50

3.45

2.46

1.95

4.35

2.87

2.97

Weighted average number of shares outstanding:
Basic (shares)

45,387

45,280

45,671

46,316

48,128

49,990

50,366

50,991

51,330

16,820

15,420

15,229

Diluted (shares)

45,577

45,413

45,823

46,388

48,405

50,421

50,873

51,369

51,690

16,885

15,454

15,292