Party City Holdco Inc. PRTY Income Statement

Party city holdco inc. (PRTY)

Income statement / Quarterly

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
Revenues:
Total revenues
731,551	540,231	563,891	513,116	805,634	553,046	561,011	507,824	789,583	560,109	544,878	476,999	749,288	556,950	519,413	457,740	781,501	555,407	495,520	462,105	804,035	542,661	491,574	432,987
Expenses:
Cost of sales
435,122	373,413	353,056	339,042	439,274	349,641	329,477	316,966	417,137	357,523	321,900	298,719	398,093	356,662	307,865	287,767	412,217	361,530	302,863	294,274	442,282	354,525	304,518	274,381
Wholesale selling expenses
16,174	16,084	16,884	17,961	17,921	17,538	17,256	18,787	17,410	16,274	16,045	15,627	14,102	14,739	15,273	15,842	15,435	15,465	16,235	17,125	19,040	18,244	18,438	18,188
Retail operating expenses
137,639	111,595	96,143	95,018	140,977	103,833	92,094	89,092	133,186	100,739	90,512	90,730	130,513	100,746	90,615	86,709	133,064	102,432	85,229	80,314	135,586	95,571	85,667	80,286
Franchise expenses
3,339	3,274	3,236	3,303	4,590	862	3,980	3,782	4,291	3,636	3,713	3,317	4,706	3,370	3,574	3,563	3,797	3,608	3,530	3,459	3,948	3,537	3,431	3,365
General and administrative expenses
51,175	43,062	41,510	41,925	36,534	42,239	45,326	48,665	42,606	37,971	39,655	48,137	37,091	38,972	37,930	38,926	41,049	35,979	36,417	37,652	40,131	37,135	34,362	36,090
Art and development costs
5,635	5,927	5,712	5,929	6,110	5,573	5,732	5,973	5,693	5,898	5,942	5,798	5,653	5,543	5,676	5,377	5,271	4,913	5,179	5,277	4,895	4,871	4,853	4,771
Development stage expenses
2,770	2,728	3,012	2,226	1,388	1,622	1,695	2,303	-	680	6,412	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on sale/leaseback transaction
-	-	58,381	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Store impairment and restructuring charges
3,221	2,574	5,234	18,009	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Goodwill impairment
-	259,100	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total expenses
958,606	817,757	466,406	523,413	646,794	521,308	495,560	485,568	622,205	522,721	484,179	462,328	590,158	520,032	460,933	438,184	610,833	523,927	449,453	438,101	645,882	513,883	451,269	417,081
(Loss) income from operations
-227,055	-277,526	97,485	-10,297	158,840	31,738	65,451	22,256	167,378	37,388	60,699	14,671	159,130	36,918	58,480	19,556	170,668	31,480	46,067	24,004	158,153	28,778	40,305	15,906
Interest expense, net
26,042	29,424	30,176	29,257	29,225	27,705	25,501	23,275	22,152	23,228	21,294	20,692	21,523	22,424	22,781	22,652	21,931	29,554	33,397	38,479	38,814	39,218	38,476	39,409
Other expense, net
4,772	-2,047	-3,342	-1,254	-1,906	-5,696	-2,532	-848	-3,766	-593	895	-1,162	-2,097	905	224	2,978	-4,471	-79,130	-48,810	1,421	-1,456	116	2,098	-6,649
(Loss) income before income taxes
-248,325	-308,997	63,967	-40,808	127,709	-1,663	37,418	-1,867	141,460	13,567	40,300	-7,183	135,510	15,399	35,923	-118	144,266	-77,204	-36,140	-13,054	117,883	-10,324	3,927	-30,152
Income tax expense (benefit)
20,504	-27,252	15,962	-10,519	29,335	777	9,370	-704	-43,497	3,483	15,318	-2,500	50,334	5,219	13,408	276	57,743	-32,715	-13,090	-4,529	38,894	-4,914	1,471	-10,240
Net (loss) income
-268,829	-281,745	48,005	-30,289	98,374	-2,440	28,048	-1,163	184,957	10,084	24,982	-4,683	-	-	-	-	-	-	-	-	-	-	-	-
Add: Net income attributable to redeemable securities holder
-	-	-	-	-	8	-410	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Less: Net loss attributable to noncontrolling interests
-11	-212	-69	-71	56	-28	-29	-30	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net (loss) income attributable to common shareholders of Party City Holdco Inc
-268,818	-281,533	48,074	-30,218	98,325	-2,420	28,487	-1,133	184,957	10,084	24,982	-4,683	85,176	10,180	22,515	-394	86,523	-44,489	-23,050	-8,525	78,989	-5,410	2,456	-19,912
Net (loss) income per share attributable to common shareholders of Party City Holdco Inc.-Basic
-2.89	-3.02	0.52	-0.32	1.02	-0.03	0.30	-0.01	1.56	0.08	0.21	-0.04	0.70	0.09	0.19	0.00	0.75	-0.37	-0.20	-0.09	0.84	-0.06	0.03	-0.21
Net (loss) income per share attributable to common shareholders of Party City Holdco Inc.-Diluted
-2.88	-3.02	0.51	-0.32	1.02	-0.03	0.29	-0.01	1.54	0.08	0.21	-0.04	0.71	0.08	0.19	0.00	0.75	-0.37	-0.20	-0.09	0.83	-0.06	0.03	-0.21
Weighted-average number of common shares-Basic
93,368	93,346	93,293	93,174	95,185	96,494	96,453	96,398	115,718	119,587	119,528	119,523	119,505	119,406	119,323	119,291	119,258	119,253	115,060	94,096	94,085	94,027	94,019	93,853
Weighted-average number of common shares-Diluted
92,958	93,346	93,703	93,174	98,502	96,494	97,688	96,398	118,195	120,912	120,943	119,523	121,390	120,472	120,323	119,291	123,364	119,253	115,060	94,096	95,599	94,027	94,296	93,853
Other comprehensive (loss) income, net of tax:
Dividends declared per share
-	0.00	0.00	0.00	-	0.00	0.00	0.00	-	0.00	0.00	0.00	-	0.00	0.00	0.00	-	0.00	0.00	0.00	-	0.00	0.00	0.00
Comprehensive (loss) income
-252,531	-288,573	48,327	-26,637	88,514	-2,003	18,825	4,067	185,922	15,329	31,985	-1,475	-	-	-	-	-	-	-	-20,852	-	-17,536	7,122	-20,545
Add: Comprehensive income attributable to redeemable securities holder
-	-	-	-	-	8	-410	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Less: Comprehensive loss attributable to noncontrolling interests
-22	-213	-89	-62	44	-35	-55	-18	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Comprehensive (loss) income attributable to common shareholders of Party City Holdco Inc.
-252,509	-288,360	48,416	-26,575	88,477	-1,976	19,290	4,085	185,922	15,329	31,985	-1,475	75,673	6,028	14,788	1,539	-	-55,797	-16,331	-	-	-	-	-
Net Sales [Member]
Revenues
728,361	538,345	561,702	511,102	802,393	550,840	558,101	505,108	-	-	-	473,963	743,292	553,382	515,426	454,286	774,341	551,380	491,206	458,195	796,516	538,671	487,182	429,220
Royalties and Franchise Fees [Member]
Revenues
3,190	1,886	2,189	2,014	3,241	2,206	2,910	2,716	-	-	-	3,036	5,996	3,568	3,987	3,454	7,160	4,027	4,314	3,910	7,519	3,990	4,392	3,767