Ritchie bros. auctioneers incorporated (RBA)
Income statement / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15
Revenues:
Total revenue

1,288,467

1,318,641

1,342,419

1,297,969

1,213,277

1,170,026

1,105,804

1,087,859

1,031,942

971,191

1,386,792

1,288,267

1,194,459

1,126,977

555,088

535,530

532,202

515,875

0

0

0

Operating expenses:
Direct expenses

-

-

0

0

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Costs of services, excluding depreciation and amortization (note 6)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

65,166

62,461

59,730

56,026

0

0

0

Gross revenue, net of expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

489,922

473,069

472,472

459,849

0

0

0

Selling, general and administrative expenses

385,590

382,389

382,213

376,845

380,390

382,676

380,035

377,047

350,165

323,270

304,421

287,379

286,994

283,529

276,619

266,496

257,743

254,389

0

0

0

Acquisition-related costs

-

777

806

2,768

4,129

5,093

8,149

9,729

31,278

38,272

39,793

41,604

19,259

11,829

0

0

0

-

-

-

-

Depreciation and amortization expenses

72,679

70,501

69,082

68,113

67,538

66,614

65,098

63,212

58,547

52,694

47,348

42,707

41,119

40,861

41,190

41,011

41,496

42,032

0

0

0

Gain on disposition of property, plant and equipment

1,005

1,107

2,844

2,365

2,535

2,731

1,543

1,243

1,280

1,656

1,336

1,864

1,757

1,282

9,508

9,172

9,762

9,691

0

0

0

Impairment loss

-

-

-

-

-

-

-

-

-

-

-

0

-

-

0

-

-

-

-

-

-

Foreign exchange loss

2,813

2,937

-875

-685

-358

212

-2,597

-3,366

-3,197

-2,559

-1,092

-557

-1,384

-1,431

-61

-498

-202

2,322

0

0

0

Total operating expenses

1,064,771

1,095,439

1,134,374

1,098,890

1,027,373

984,837

936,904

933,222

915,212

863,737

0

0

0

-

-

-

-

-

-

-

-

Operating income

223,696

223,202

208,045

199,079

185,904

185,189

168,900

154,637

116,730

107,454

108,044

93,398

120,145

135,722

145,518

171,835

180,995

174,840

0

0

0

Interest income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,939

2,118

2,311

2,660

0

0

0

Interest expense

39,643

41,277

42,830

43,213

44,033

44,527

43,700

43,785

41,468

38,291

29,518

19,894

12,334

5,564

4,503

4,808

5,056

4,962

0

0

0

Equity income (loss) (note 22)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,356

1,506

1,202

916

0

0

0

Other income, net

10,376

8,838

8,535

13,755

12,976

11,850

10,880

4,290

6,860

8,231

12,255

11,910

8,709

7,123

1,826

2,318

2,967

2,982

0

0

0

Other income (expense)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

618

1,134

1,424

1,596

0

0

0

Income before income taxes

194,429

190,763

173,750

169,621

154,847

152,512

136,080

115,142

82,122

77,394

81,431

76,646

108,716

130,494

146,136

172,969

182,419

176,436

0

0

0

Current income tax

-

-

-

-

-

-

-

-

-

-

-

-

37,820

40,341

39,409

38,457

41,716

42,420

0

0

0

Deferred income tax

-

-

-

-

-

-

-

-

-

-

-

-

-3,055

-3,359

-6,230

-4,692

-3,756

-4,559

0

0

0

Income tax expense

40,632

41,623

40,715

38,746

32,376

31,006

13,197

5,048

42

2,088

15,035

25,573

34,765

36,982

33,179

33,765

37,960

37,861

0

0

0

Net income

153,797

149,140

133,035

130,875

122,471

121,506

122,883

110,094

82,080

75,306

66,396

51,073

73,951

93,512

112,957

139,204

144,459

138,575

0

0

0

Net income attributable to:
Stockholders

153,684

149,039

132,952

130,824

122,505

121,479

122,747

109,870

81,788

75,027

66,126

50,728

72,803

91,832

110,508

136,470

141,843

136,214

0

0

0

Non-controlling interests

113

101

83

51

-34

27

136

224

292

279

270

345

1,148

1,680

2,449

2,734

2,616

2,361

0

0

0

Net income

153,797

149,140

133,035

130,875

122,471

121,506

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Earnings per share attributable to stockholders:
Basic

0.21

0.47

0.23

0.50

0.17

0.33

0.21

0.42

0.16

0.34

0.10

0.16

0.10

0.26

-0.05

0.37

0.28

0.44

0.19

0.42

0.22

Diluted

0.21

0.47

0.23

0.49

0.17

0.32

0.21

0.42

0.16

0.34

0.09

0.16

0.10

0.26

-0.05

0.37

0.27

0.44

0.19

0.42

0.22

Weighted average number of shares outstanding:
Basic

109,248

108,602

108,003

108,707

108,765

108,668

108,365

107,864

107,355

107,200

107,120

107,004

106,851

106,736

106,622

106,245

106,917

107,174

107,137

106,506

107,484

Diluted

110,482

109,668

109,381

109,942

110,044

110,002

109,887

109,019

108,643

108,246

108,178

108,238

107,788

108,167

107,525

106,979

107,159

107,425

107,517

106,978

107,807

Service Revenue [Member]
Total revenue

814,775

804,024

783,334

766,131

745,871

749,515

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Direct expenses

168,263

164,977

169,034

165,705

158,470

159,058

151,839

152,247

145,506

133,189

0

0

0

-

-

-

-

-

-

-

-

Inventory Sales Revenue [Member]
Total revenue

473,692

514,617

559,085

531,838

467,406

420,511

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Direct expenses

441,949

480,839

515,208

487,139

419,023

374,339

330,729

328,864

318,888

306,498

0

0

0

-

-

-

-

-

-

-

-