Providence Service Corp PRSC Income Statement

Providence service corp (PRSC)

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	Sep'10	Jun'10
Revenues:
Home and community based services
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	305	304	0	0	0
Foster care services
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	34	35	0	0	0
Management fees
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	13	13	0	0	0
Non-emergency transportation services
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	562	549	0	0	0
Service revenue, net
1,509	1,509	1,485	1,436	1,416	1,384	1,125	1,191	1,255	1,318	1,258	1,261	1,251	1,233	1,452	1,420	1,440	1,478	1,367	1,297	1,223	1,092	895	862	806	798	1,132	1,135	1,127	1,105	1,063	1,018	975	942	915	902	0	0	0
Operating expenses:
Service expense
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Service expense
-	-	1,361	1,319	-	1,253	0	0	0	-	-	1,161	1,152	1,131	1,387	1,359	1,363	1,381	1,227	1,157	1,095	988	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cost of non-emergency transportation services
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	664	618	570	539	516	495	0	0	0
Client service expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	308	310	311	304	297	295	0	0	0
General and administrative expense
68	67	76	77	78	77	69	70	70	69	40	39	38	39	65	68	70	70	52	52	49	44	39	30	26	25	51	52	53	53	50	51	49	48	49	48	0	0	0
Asset impairment charge
-	-	0	0	-	-	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	0	0	-	-	0	-	-	-	-
Depreciation and amortization
16	16	17	17	16	15	5	7	10	13	12	12	12	12	11	11	17	23	34	34	26	17	13	10	9	9	14	15	15	15	14	14	14	13	13	12	0	0	0
Total operating expenses
1,478	1,485	1,469	1,427	1,400	1,360	1,082	1,150	1,212	1,280	1,215	1,215	1,204	1,185	1,464	1,439	1,450	1,476	1,314	1,244	1,171	1,049	873	834	780	771	1,091	1,098	1,096	1,081	1,040	994	945	906	877	852	0	0	0
Operating income
31	24	16	8	15	24	43	40	42	37	42	45	46	48	-11	-19	-10	1	53	53	51	42	22	28	26	27	40	37	30	24	22	23	29	36	38	49	0	0	0
Other expenses (income):
Interest expense, net
-0	-0	-1	-1	-1	-1	-1	-1	-1	-1	-1	-1	-1	-1	6	6	2	-1	-16	-16	-13	-10	-5	-6	-6	-6	-18	-14	-11	-7	7	7	8	10	12	14	0	0	0
Other income
0	-	0	0	0	-	0	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Equity in net loss of investee
0	-	-8	-6	-5	-6	10	11	13	13	2	1	-1	-1	-8	-11	-11	-10	-8	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on sale of equity investment
-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on remeasurement of cost method investment
-	-	0	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss on extinguishment of debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	-	-	-2	-2	-2	0	0	0
Loss (gain) on foreign currency transactions
-	-	-	-	-	-	-	-	-	-	-0	0	1	-	1	1	1	0	1	0	-0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on bargain purchase
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-
Interest income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	0	0	0	0	0
Income from continuing operations before income taxes
0	-5	6	7	15	22	52	56	60	55	54	45	44	44	-13	-23	-17	-10	30	33	35	32	17	21	18	19	33	30	23	16	15	16	24	26	27	36	0	0	0
(Benefit) provision for income taxes
-9	-0	1	0	2	4	2	1	3	4	13	15	16	17	11	9	11	14	13	11	11	8	6	7	6	6	14	14	11	8	6	6	8	9	10	14	0	0	0
Income from continuing operations, net of tax
10	-4	5	6	12	18	50	54	56	51	40	29	27	26	-24	-32	-29	-24	7	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss from discontinued operations, net of tax
6	5	-18	-21	-36	-37	-9	-6	6	2	56	53	56	62	107	108	108	107	-0	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income
16	0	-13	-14	-23	-18	40	48	63	53	97	83	83	89	82	76	79	83	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net loss from discontinued operations attributable to non-controlling interest
-	-	-0	0	-	0	0	0	0	0	-1	-1	-1	-2	-1	-1	-0	-0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income (loss) attributable to Providence
-	-	-13	-14	-	-18	40	47	63	53	98	84	85	91	83	77	79	83	14	20	20	20	16	19	19	19	18	16	12	8	8	9	15	16	16	22	0	0	0
Net income (loss) available to common stockholders (Note 11)
10	-3	-18	-19	-29	-25	30	36	51	42	82	69	70	76	68	62	63	67	9	16	19	20	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Basic earnings (loss) per common share:
Continuing operations (in dollars per share)
1.02	-0.89	0.50	-0.35	0.02	-0.19	0.61	0.08	0.42	1.89	0.88	0.19	0.03	1.12	0.14	0.07	0.02	-	-0.33	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Discontinued operations (in dollars per share)
-0.02	0.42	-0.03	0.13	-0.06	-1.49	-0.20	-1.03	-0.15	0.59	0.00	-0.01	-0.43	3.90	-0.19	0.14	0.05	-	-0.08	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Basic loss per common share (in dollars per share)
1.00	-0.47	0.47	-0.22	-0.04	-1.68	0.41	-0.95	0.27	2.48	0.88	0.18	-0.40	5.02	-0.05	0.21	0.07	4.09	-0.41	0.26	0.32	0.43	0.02	0.47	0.45	0.23	0.26	0.44	0.51	0.21	0.09	0.11	0.23	0.22	0.15	0.57	0.34	0.22	0.55
Diluted earnings (loss) per common share:
Continuing operations (in dollars per share)
1.02	-0.89	0.50	-0.35	0.02	-0.18	0.60	0.08	0.42	1.87	0.88	0.19	0.03	1.11	0.14	0.07	0.02	-	-0.33	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Discontinued operations (in dollars per share)
-0.02	0.42	-0.03	0.13	-0.06	-1.49	-0.20	-1.02	-0.15	0.59	0.00	-0.01	-0.43	3.87	-0.19	0.14	0.05	-	-0.08	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Diluted earnings per common share (in dollars per share)
1.00	-0.47	0.47	-0.22	-0.04	-1.67	0.40	-0.94	0.27	2.46	0.88	0.18	-0.40	4.98	-0.05	0.21	0.07	4.07	-0.39	0.26	0.32	-	0.02	0.46	0.44	0.24	0.25	0.43	0.49	0.21	0.09	0.11	0.23	0.23	0.15	0.55	0.34	0.22	0.54
Weighted-average number of common shares outstanding:
Basic (in shares)
12	12	12	12	12	12	12	13	13	13	13	13	13	14	14	14	15	15	16	16	15	16	14	14	13	13	13	13	13	13	13	13	13	13	13	13	13	13	13
Diluted (in shares)
13	12	13	12	12	12	12	13	13	13	13	13	13	14	14	15	15	15	16	16	16	15	15	14	15	13	14	13	14	13	13	13	13	11	13	14	13	13	14
Earnings Per Share, Diluted
1.00	-0.47	0.47	-0.22	-0.04	-1.67	0.40	-0.94	0.27	2.46	0.88	0.18	-0.40	4.98	-0.05	0.21	0.07	4.09	-0.41	0.26	0.32	0.43	0.02	0.46	0.44	0.24	0.25	0.43	0.49	0.21	0.09	0.11	0.23	0.23	0.15	0.55	0.34	0.22	0.54