Red lion hotels corp (RLH)
Income statement / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Sep'14Jun'14Mar'14Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Sep'10Jun'10
Revenue

17,265

26,516

32,863

28,925

25,984

28,198

36,000

38,612

33,039

-

51,024

45,829

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Company operated hotels

-

-

-

-

-

-

-

-

-

-

-

-

24,696

-

37,157

32,209

24,149

25,095

36,972

30,348

23,772

36,758

31,399

25,924

36,888

30,275

22,912

24,038

42,397

36,525

28,152

9,384

41,632

36,081

29,534

46,221

38,632

Other revenues from managed properties

-

-

-

-

-

-

-

-

-

-

-

-

926

-

1,733

1,580

1,185

1,312

1,147

964

163

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

Franchised hotels

-

-

-

-

-

-

-

-

-

-

-

-

10,904

-

4,766

4,131

3,296

2,917

3,800

3,229

2,093

2,066

4,453

1,526

2,368

1,943

1,264

1,224

1,555

1,309

1,089

1,085

1,218

945

707

999

889

Entertainment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

7,047

4,031

-

1,800

2,060

3,677

3,306

5,538

5,105

1,623

1,778

3,373

2,809

1,456

2,376

2,524

2,440

1,499

4,640

2,800

2,048

2,340

Other

-

-

-

-

-

-

-

-

-

-

-

-

55

-

16

12

13

13

16

12

10

14

18

33

83

85

85

116

94

122

110

-829

126

519

607

575

594

Total revenues

-

-

-

-

-

-

-

-

-

-

-

-

36,581

-

43,672

44,979

32,674

21,800

43,735

36,613

29,715

42,144

41,408

32,588

40,962

34,081

27,634

28,187

45,502

40,332

31,875

12,080

44,475

42,185

33,648

49,843

42,455

Operating expenses:
Selling, general, administrative and other expenses

16,265

7,336

8,196

6,497

7,391

8,091

8,112

8,268

7,210

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Company operated hotels

-

-

-

-

-

-

-

-

-

-

-

-

21,478

-

25,363

24,072

21,599

23,478

25,439

22,218

20,922

24,776

25,236

22,814

26,143

23,644

20,730

23,053

31,324

27,832

25,038

9,475

30,468

27,813

26,400

31,652

28,620

Other costs from managed properties

-

-

-

-

-

-

-

-

-

-

-

-

926

-

1,733

1,580

1,185

1,312

1,147

964

163

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

Franchised hotels

-

-

-

-

-

-

-

-

-

-

-

-

8,532

-

3,214

3,464

3,356

2,738

3,087

3,031

2,377

1,761

2,056

1,442

1,862

2,013

1,299

1,271

1,219

1,096

1,172

832

1,144

968

894

789

810

Other

-

-

-

-

-

-

-

-

-

-

-

-

-4

-

-9

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Entertainment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6,140

3,437

-

1,666

2,249

3,126

3,092

4,797

4,057

1,459

2,115

2,984

2,775

1,475

2,567

2,203

2,348

1,484

4,138

2,614

1,545

1,986

Other

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

9

13

-

10

9

8

72

51

114

130

131

108

226

201

209

191

-313

191

435

393

438

413

Depreciation and amortization

2,537

-

3,636

4,109

3,447

-

3,621

4,701

4,392

5,082

4,660

4,572

4,510

4,785

3,771

4,037

3,502

3,456

3,484

3,144

2,976

3,241

3,182

3,143

3,445

3,418

3,334

3,505

3,774

3,847

3,842

1,946

4,102

4,299

5,205

5,216

5,164

Hotel facility and land lease

-

-

-

-

-

-

-

-

-

-

1,201

1,202

1,201

-

1,197

1,185

1,161

1,481

1,894

1,594

1,600

1,167

1,171

1,155

1,161

1,131

1,022

713

1,148

1,156

1,126

-530

1,768

1,796

1,930

1,987

1,779

Asset impairment

1,760

-

5,382

-

0

-

7,100

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

644

1,868

252

6,676

6,261

2,156

0

0

-

-

Loss (gain) on asset dispositions, net

7,892

7,112

-1

-38

-6

-73

26,196

1,855

14,043

115

113

102

119

1,707

100

512

117

1,101

88

88

16,415

-40

3,404

75

-100

28

92

-

16

-

-

-

-

-

-

-

-

Loss (gain) on asset dispositions, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

103

104

-

115

33,497

86

118

57

General, administrative and other expenses

-

-

-

-

-

-

-

-

-

-

3,631

4,052

3,659

-

2,031

2,695

3,057

2,019

2,676

2,800

2,324

1,899

2,066

2,113

2,835

1,858

1,806

1,137

1,602

1,902

1,381

1,149

1,457

1,553

1,344

1,431

1,362

Transaction and integration costs

398

196

201

173

62

23

95

1,997

104

283

1,235

186

-175

459

1,413

240

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total operating expenses

25,504

31,607

37,169

31,196

29,612

36,059

16,236

38,943

23,477

41,422

45,850

43,535

40,016

29,763

38,631

42,910

37,193

27,129

39,315

35,921

17,081

36,048

35,155

34,763

37,135

34,282

31,191

33,387

42,595

38,758

41,525

35,723

42,655

7,505

38,694

42,940

40,077

Operating income (loss)

-8,239

-5,091

-4,306

-2,271

-3,628

-7,861

19,764

-331

9,562

-2,930

5,174

2,294

-3,435

-2,737

5,041

2,069

-4,519

-5,329

4,420

692

12,634

6,096

6,253

-2,175

3,827

-201

-3,557

-5,200

2,907

1,574

-9,650

-23,643

1,820

34,680

-5,046

6,903

2,378

Other income (expense):
Interest expense

506

1,467

1,699

1,109

882

843

1,417

1,702

2,247

2,138

2,119

2,037

1,958

2,011

1,793

1,487

1,461

1,750

1,989

1,738

1,502

1,041

1,178

1,217

1,252

1,545

1,484

2,165

1,751

1,820

1,817

1,788

1,994

2,272

2,301

2,282

2,314

Loss on early retirement of debt

-1,309

-264

0

-164

0

-

-794

0

-

-

0

-

-

-

-

-

-

-1,688

0

0

-1,159

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

Other income (loss), net

48

-5,545

44

44

33

-6,952

34

22

158

-7,996

338

49

175

-6,888

169

74

219

-9,429

75

35

272

46

64

93

98

201

101

154

46

16

13

18

28

381

4

265

9

Total other income (expense)

-1,767

-

-1,655

-1,229

-849

-

-2,177

-1,680

-2,089

-

-1,781

-1,988

-1,783

-

-1,624

-1,413

-1,242

-

-1,914

-1,703

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income (loss) before taxes

-10,006

-

-5,961

-3,500

-4,477

-

17,587

-2,011

7,473

-

3,393

306

-5,218

-

3,417

656

-5,761

-

2,506

-1,011

10,245

5,101

5,139

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income (loss) before taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-3,299

2,673

-1,545

-4,940

-7,211

1,202

-230

-11,454

-25,413

-146

32,789

-7,343

4,886

73

Income tax expense (benefit)

-752

-423

486

108

82

168

-26

-348

135

-4,966

34

193

77

-737

166

34

59

-231

-49

-25

112

0

0

31

1,099

-712

-1,940

-2,702

624

-93

-4,358

-4,912

-148

13,674

-2,843

1,729

6

Net income (loss)

-

-

-

-

-

-

-

-

-

154

3,359

113

-5,295

-

3,251

-

-

-

-

-

-

5,101

5,139

-3,330

1,574

-833

-3,000

-4,509

578

-137

-7,096

-20,501

2

19,115

-4,500

3,157

67

Discontinued Operation, Income (Loss) from Discontinued Operation During Phase-out Period, Net of Tax

-

-

-

-

-

-

-

-

-

23

268

-38

172

-

-

-

-

-

-

-

-

0

-1

-186

-214

-57

-65

873

82

126

-72

-52

-131

-355

-271

-68

-129

Discontinued Operation, Provision for Loss (Gain) on Disposal, Net of Tax

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

2

133

316

45

1

1,566

2,959

0

369

0

0

0

-

-

Income (loss) on disposal of discontinued business units, net of income tax (benefit) expense of $0 and ($20) for the three months ended and $0 and $(20) for the nine months ended September 30, 2011 and 2010 respectively

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-38

-

Net income from discontinued operations

-

-

-

-

-

-

-

-

-

-221

268

-38

172

-

262

-

-

-

-

-

-

0

-1

-188

-347

-373

-110

872

-1,484

-2,833

-72

-421

-131

-355

-271

-106

-129

Net income (loss)

-9,254

-

-6,447

-3,608

-4,559

-

17,613

-1,663

7,338

-67

3,627

75

-5,123

-3,155

3,513

622

-5,820

-7,686

2,555

-986

10,133

5,101

5,138

-3,518

1,227

-1,206

-3,110

-3,637

-906

-2,970

-7,168

-20,922

-129

18,760

-4,771

3,051

-62

Net (income) loss attributable to noncontrolling interest

-1,155

2,096

-2,980

-774

-286

-950

8,670

659

4,750

-1,562

871

141

-1,519

-808

1,207

459

-1,021

-1,355

1,746

936

-30

0

0

0

-

-

-

0

0

0

-7

-9

-7

112

-10

7

2

Net income (loss) and comprehensive income (loss) attributable to RLH Corporation

-8,099

-8,455

-3,467

-2,834

-4,273

-7,871

8,943

-2,322

2,588

1,495

2,756

-66

-3,604

-2,347

2,306

163

-4,799

-6,331

809

-1,922

10,163

5,101

5,138

-3,518

-

-

-

-3,637

-906

-2,970

-7,161

-20,913

-122

18,648

-4,761

3,044

-64

Earnings Per Share, Basic and Diluted
Unrealized losses on cash flow hedge

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-71

-1

104

-134

0

-

0

0

-

-

-

-

-

-

-

Comprehensive income (loss) attributable to RLH Corporation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,067

-3,519

1,331

-1,340

-3,110

-

-906

-2,970

-

-

-

-

-

-

-

Earnings (loss) per share - basic (in dollars per share)

-

-

-

-

-

-

-

-

-

0.06

0.11

0.00

-0.16

-

0.10

-

-

-

-

-

-

0.26

0.26

-0.17

-

-

-

-

-

-

-

-

-

-

-

0.17

0.00

Income from discontinued operations (in dollars per share)

-

-

-

-

-

-

-

-

-

-0.01

0.01

0.00

0.01

-

0.01

-

-

-

-

-

-

0.00

0.00

-0.01

-

-

-

-

-

-

-

-

-

-

-

-

-

Income (loss) from discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.01

0.00

Earnings (loss) per share - basic (in dollars per share)

-0.32

-

-0.14

-0.11

-0.17

-

0.36

-0.10

0.11

0.05

0.12

0.00

-0.15

-0.11

0.11

0.01

-0.24

-0.31

0.04

-0.10

0.51

0.26

0.26

-0.18

-

-

-

-

-

-

-

-

-

-

-

0.16

0.00

Earnings (loss) per share - diluted (in dollars per share)

-

-

-

-

-

-

-

-

-

0.07

0.10

0.00

-0.16

-

0.10

-

-

-

-

-

-

0.26

0.26

-0.17

-

-

-

-

-

-

-

-

-

-

-

0.17

0.00

Income from discontinued operations (in dollars per share)

-

-

-

-

-

-

-

-

-

-0.01

0.01

0.00

0.01

-

0.01

-

-

-

-

-

-

0.00

0.00

-0.01

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income (loss) from discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.01

0.00

Earnings (loss) per share - diluted (in dollars per share)

-0.32

-

-0.14

-0.11

-0.17

-

0.35

-0.10

0.10

0.06

0.11

0.00

-0.15

-0.11

0.11

0.01

-0.24

-0.32

0.04

-0.10

0.51

0.26

0.26

-0.18

-

-

-

-

-

-

-

-

-

-

-

0.16

0.00

Weighted Average Number of Shares Outstanding, Basic and Diluted
Net income (loss) from continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.08

-0.04

-0.15

-0.23

0.03

-0.01

-0.37

-1.07

0.00

1.00

-0.24

-

-

Net income (loss) from discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.02

-0.02

-0.01

0.04

-0.08

-0.14

0.00

-0.04

-0.01

-0.01

-0.01

-

-

Net income (loss) attributable to Red Lion Hotels Corporation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.06

-0.06

-0.16

-0.19

-0.05

-0.15

-0.37

-1.10

-0.01

0.98

-0.25

-

-

Weighted average shares - basic (in shares)

25,199

25,153

25,112

24,856

24,603

24,570

24,545

24,352

24,101

24,050

23,609

23,548

23,469

21,237

20,228

20,155

20,088

20,054

20,028

19,955

19,895

-

-

-

19,631

19,512

19,469

19,428

19,366

19,292

19,222

38,081

19,089

19,023

18

18,514

18,420

Weighted average shares - diluted (in shares)

25,199

25,153

25,112

24,856

24,603

26,661

25,729

24,352

25,166

25,819

24,176

23,548

23,469

20,358

20,613

20,649

20,088

20,171

20,607

19,955

20,067

-

-

-

19,672

19,512

19,469

19,356

19,438

19,292

19,222

37,802

19,209

19,182

18

18,710

18,651

Royalty
Revenue

4,357

4,605

5,909

5,867

5,740

5,734

6,530

5,770

4,275

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Marketing, reservations and reimbursables
Revenue

5,805

8,743

8,300

7,603

6,729

8,365

7,591

7,027

5,256

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cost of goods and services sold

5,758

7,204

7,080

7,847

7,161

7,711

7,453

7,214

5,559

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other franchise
Revenue

774

1,977

2,016

1,214

542

834

1,016

804

592

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Company operated hotels
Revenue

6,329

11,190

16,633

14,236

12,970

13,263

20,857

25,005

22,896

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cost of goods and services sold

6,678

11,862

12,673

12,532

11,545

12,390

16,051

18,618

20,255

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other
Revenue

0

1

5

5

3

2

6

6

20

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-