PRA Group, Inc PRAA Income Statement

Pra group, inc (PRAA)

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:
Portfolio income
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Changes in expected recoveries
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income recognized on finance receivables
759,525	998,361	966,555	942,312	912,111	891,899	866,946	844,378	819,524	795,435	821,347	823,326	833,170	845,142	821,625	827,170	843,226	865,122	879,311	895,453	857,907	807,474	753,542	700,672	686,724	663,546	632,886	597,184	561,201	530,635	495,310	462,431	430,147	401,895	519,837	496,988	473,605	309,680	34,659	-99,405	0	0	0
Fee income
11,604	15,769	16,158	16,328	15,963	14,916	16,273	16,383	20,385	24,916	40,044	54,970	70,973	77,381	75,859	76,065	67,596	64,383	67,534	62,488	63,120	65,675	58,943	72,492	72,373	71,532	71,645	60,104	61,011	62,164	61,327	57,963	57,157	57,040	57,668	61,785	63,402	63,026	61,283	62,834	0	0	0
Other revenue
2,653	2,951	1,977	1,924	1,951	1,441	1,868	2,860	5,847	7,855	8,523	9,180	8,136	8,080	8,023	9,718	10,872	12,513	15,719	14,166	11,226	7,820	2,549	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total revenues
1,022,988	1,017,081	984,690	960,564	930,025	908,256	885,087	863,621	845,756	828,206	869,914	887,476	912,279	930,603	905,507	912,953	921,694	942,018	962,564	972,107	932,253	880,969	815,091	773,880	759,498	735,135	704,533	657,290	622,214	592,801	556,637	520,394	487,304	458,935	441,603	422,871	401,105	372,706	340,516	316,079	0	0	0
Net allowance charges
17,930	24,025	32,808	36,957	38,595	33,425	15,456	10,492	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating expenses:
Compensation and employee services
305,967	310,441	313,893	316,926	317,808	319,400	309,530	299,721	285,802	273,033	265,170	262,527	260,549	258,846	266,126	266,312	269,839	268,345	265,123	264,276	248,417	234,531	215,476	203,121	198,862	192,474	190,930	179,382	173,659	168,356	159,266	151,407	143,743	138,202	134,793	132,531	128,588	124,077	118,571	113,792	0	0	0
Legal collection fees
56,774	55,261	52,940	49,285	45,331	42,941	1,796	1,433	22,292	43,351	23,236	46,618	49,313	47,717	185,412	165,680	145,897	129,456	144,699	144,762	142,019	139,161	46,126	42,554	41,792	41,488	40,497	38,926	37,305	34,393	31,180	28,507	25,489	23,621	22,258	20,427	0	-	0	0	-	-	-
Legal collection costs
133,374	134,156	133,026	132,400	117,974	104,988	89,268	0	0	-	0	-	-	-	-	-	-	-	0	0	0	-	92,373	91,807	89,095	83,063	77,638	73,647	69,157	72,325	67,417	61,338	52,990	38,659	38,277	34,976	0	-	0	0	-	-	-
Agency fees
55,156	55,812	48,921	44,483	39,608	33,854	32,643	31,892	33,008	35,530	38,348	42,783	44,838	44,922	42,409	38,336	34,811	32,188	31,503	29,530	23,210	16,399	10,510	5,926	5,742	5,901	5,704	5,845	5,888	5,906	6,142	6,240	6,641	7,653	8,848	10,132	0	-	0	0	-	-	-
Outside fees and services
67,659	63,513	65,342	64,310	62,582	61,492	60,239	60,169	63,665	62,792	63,660	62,760	60,575	63,098	73,724	71,576	68,166	65,155	53,553	58,180	57,827	55,821	46,941	38,438	34,959	31,615	32,080	33,504	30,454	28,867	27,183	23,274	21,756	19,310	16,802	14,050	13,139	12,554	11,738	10,727	0	0	0
Communication
44,367	44,057	44,980	44,910	44,868	43,224	40,607	39,080	35,552	33,132	32,756	31,857	33,026	33,771	32,720	32,927	32,577	33,113	34,227	34,848	34,540	33,085	32,132	30,135	29,045	28,161	24,587	24,719	25,051	25,225	25,027	24,115	22,814	20,874	21,950	20,085	18,481	17,226	16,632	16,845	0	0	0
Legal and agency fees and costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Rent and occupancy
17,975	17,854	17,587	17,443	16,955	16,906	16,572	15,970	15,354	14,823	14,839	15,046	15,697	15,710	15,700	15,509	14,950	14,714	14,200	13,799	12,731	11,509	10,882	9,549	8,962	8,311	7,906	7,742	7,574	7,498	6,591	6,322	6,104	5,891	5,755	5,600	5,459	5,313	5,181	4,982	0	0	0
Depreciation and amortization
16,976	17,464	18,433	19,163	18,965	19,322	18,896	18,961	19,477	19,763	21,117	22,460	23,504	24,359	23,274	22,503	21,334	19,874	20,246	19,782	19,077	18,414	16,871	15,675	14,998	14,417	14,334	14,204	14,225	14,515	14,022	13,622	13,383	12,943	13,142	13,213	13,103	12,437	11,319	10,355	0	0	0
Other operating expenses
47,431	46,811	47,643	46,143	46,845	47,444	46,446	45,984	45,402	44,103	39,094	39,467	39,700	39,466	43,121	71,571	69,902	68,829	63,021	35,388	33,459	29,981	33,226	28,445	26,424	25,781	25,299	22,570	21,380	19,661	17,781	16,769	15,800	14,914	11,969	11,795	10,874	10,296	9,829	9,431	0	0	0
Impairment of goodwill
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Total operating expenses
745,679	745,369	742,765	735,063	710,936	689,571	656,922	630,195	618,842	602,574	600,266	608,003	611,687	612,374	623,197	644,004	636,622	631,674	613,532	589,013	565,601	538,901	504,537	472,047	456,276	437,608	425,372	400,539	384,693	376,746	354,609	331,594	308,720	282,067	274,413	266,688	254,973	242,844	228,140	215,301	0	0	0
Gain on sale of property
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	0	0	-	-	-
Income from operations
259,379	247,687	209,117	188,544	180,494	185,260	210,956	221,090	214,091	213,734	164,436	177,673	202,113	219,750	282,310	268,949	285,072	310,344	349,032	383,094	366,652	342,068	310,554	301,833	303,222	297,527	279,161	256,751	237,521	216,055	202,028	188,800	179,741	178,025	168,347	157,340	146,132	129,862	112,376	100,778	0	0	0
Other income and (expense):
Gain on sale of subsidiaries
-	-	-	-	-	-	-	-	-	48,474	48,474	48,167	46,845	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest expense, net
-145,148	-141,918	-139,421	-134,181	-129,278	-121,078	-115,908	-111,183	-102,565	-98,041	-210,364	-165,155	-122,080	-80,864	-45,513	-48,036	-55,153	-60,336	58,507	53,527	45,142	35,226	26,593	18,781	16,637	14,466	11,425	9,619	9,077	9,041	9,735	10,101	10,355	10,569	10,574	10,197	9,739	9,052	8,499	8,270	0	0	0
Interest income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	2	2	9	10	15	0	0	-	0	-	-	65	0	0	0	-	-
Foreign exchange gain
7,973	11,954	6,806	2,026	4,027	-944	3,926	2,216	-1,990	-1,104	-4,040	2,048	6,593	2,564	5,484	-2,680	-1,125	7,514	4,315	10,733	952	-5,829	-2,931	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Nonoperating Income (Expense)
-88	-364	-504	-263	-911	-316	-2,725	-2,947	-2,547	-2,790	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income before income taxes
122,116	117,359	102,573	82,701	80,907	89,497	96,249	109,483	108,618	160,273	112,359	137,966	167,566	135,627	212,635	193,633	218,428	257,522	294,839	340,299	322,461	301,013	281,035	276,868	286,598	283,065	267,747	247,143	228,462	207,033	192,301	178,714	169,394	167,463	157,809	147,172	136,422	120,875	103,913	92,544	0	0	0
Income Tax Expense (Benefit)
18,913	19,680	17,587	12,711	11,493	13,763	-51,926	-43,033	-36,124	-10,852	46,190	52,172	58,754	43,577	65,408	65,341	75,579	89,391	120,705	132,581	128,661	124,508	105,744	103,533	107,356	106,146	100,873	96,353	89,035	80,934	75,268	69,615	66,770	66,319	62,700	58,499	53,647	47,004	40,577	36,243	0	0	0
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
103,203	97,679	84,986	69,990	69,414	75,734	148,175	152,516	144,742	171,125	66,169	85,794	108,812	92,050	147,227	128,292	142,849	168,131	178,310	0	0	-	0	-	-	176,919	166,874	150,790	139,427	126,099	117,033	109,099	102,624	101,144	95,109	88,673	82,775	73,871	63,336	56,301	0	0	0
Adjustment for net income attributable to noncontrolling interests
13,137	11,521	11,227	11,275	9,730	10,171	8,634	7,347	7,488	6,810	7,264	8,138	6,373	5,795	3,512	1,487	1,075	205	187	0	0	-	0	-	-	-1,605	1,535	-525	-304	-494	-974	-474	-508	353	889	852	1,000	417	0	0	0	-	-
Net income attributable to PRA Group, Inc.
90,066	86,158	73,759	58,715	59,684	65,563	139,541	145,169	137,254	164,315	58,905	77,656	102,439	86,255	143,715	126,805	141,774	167,926	173,947	207,718	193,800	176,505	175,291	171,462	177,554	175,314	165,339	151,315	139,731	126,593	117,381	109,573	103,132	100,791	94,846	87,821	81,775	73,454	62,905	56,146	0	0	0
Net income per common share attributable to PRA Group, Inc.:
Basic (in dollars per share)
0.42	0.60	0.55	0.41	0.34	0.33	0.22	0.43	0.47	1.97	0.34	0.25	1.04	-0.36	0.74	0.79	0.69	0.88	0.36	1.06	1.19	0.94	1.02	0.75	0.82	0.92	0.94	0.86	0.76	-0.29	0.66	0.63	1.48	-2.37	1.49	1.49	1.35	1.23	1.08	1.15	0.91	0.65	0.76
Diluted (in dollars per share)
0.42	0.59	0.55	0.41	0.34	0.32	0.22	0.43	0.47	1.97	0.34	0.25	1.03	-0.36	0.74	0.79	0.69	0.86	0.36	1.06	1.19	0.94	1.01	0.74	0.81	0.92	0.93	0.85	0.75	-0.28	0.65	0.62	1.47	-2.35	1.48	1.48	1.34	1.22	1.08	1.14	0.91	0.65	0.76
Weighted average number of shares outstanding:
Basic (shares)
45,452	45,413	45,410	45,387	45,338	45,304	45,302	45,283	45,231	45,169	45,168	45,941	46,406	46,345	46,343	46,333	46,243	47,198	48,265	48,325	48,724	49,891	50,075	50,065	49,929	49,748	50,154	50,751	50,811	85,044	50,643	51,081	17,196	154,003	17,117	17,108	17,092	17,061	17,058	16,970	16,191	15,466	15,377
Diluted (shares)
45,784	45,749	45,645	45,495	45,419	45,393	45,440	45,449	45,370	45,319	45,286	46,060	46,627	46,344	46,434	46,402	46,372	47,541	48,498	48,529	49,052	50,445	50,439	50,437	50,363	50,376	50,660	51,183	51,273	85,744	51,066	51,399	17,267	155,108	17,228	17,225	17,199	17,164	17,093	17,080	16,203	15,502	15,415