Rmr group inc. (RMR)
Income statement / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14
Revenues:
Revenue from Contract with Customer, Excluding Assessed Tax

140,861

159,892

159,244

143,715

130,096

280,313

65,073

62,084

59,281

218,541

56,636

55,502

54,296

105,294

56,266

52,211

48,333

110,130

48,111

48,179

49,810

46,836

Expenses:
Compensation and benefits

30,122

30,197

29,006

28,530

28,981

28,012

25,887

28,606

28,073

26,197

-

23,731

22,983

-

17,835

22,719

21,561

21,304

19,301

20,596

20,714

22,845

Equity based compensation

302

1,582

4,691

1,334

1,204

1,811

4,454

2,347

901

2,721

-

1,038

1,566

-

-

-

-

-

-

-

-

-

Separation costs

385

260

0

239

414

6,397

1,539

1,739

452

0

-

0

0

-

-

1,195

-

-

0

0

0

116

Total compensation and benefits expense

30,809

32,039

33,697

30,103

30,599

36,220

31,880

32,692

29,426

28,918

27,203

24,769

24,549

23,232

-

-

-

-

-

-

-

-

General and administrative

7,297

7,046

6,594

7,670

7,122

7,320

6,868

6,551

7,024

6,706

6,116

6,779

6,453

5,841

3,890

6,110

6,488

6,675

2,424

8,970

4,672

5,015

Other client company reimbursable expenses

84,227

97,975

97,452

85,689

73,323

98,076

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Transaction and acquisition related costs

373

796

425

42

47

184

780

775

0

142

6,734

1,760

693

0

-

-

-

-

-

-

-

-

Depreciation and amortization

246

256

255

250

257

255

252

244

372

380

488

467

528

555

435

349

501

483

455

512

571

579

Total expenses

122,952

138,112

138,423

123,754

111,348

142,055

39,780

40,262

36,822

36,146

40,541

33,775

32,223

29,628

32,855

30,373

28,550

28,462

27,634

30,078

25,957

28,555

Operating income

17,909

21,780

20,821

19,961

18,748

138,258

25,293

21,822

22,459

182,395

16,095

21,727

22,073

75,666

23,411

21,838

19,783

81,668

20,477

18,101

23,853

18,281

Interest and other income

1,500

1,875

2,368

2,408

2,468

1,526

1,463

1,223

1,076

784

506

402

450

207

90

68

51

25

34

535

665

498

Tax Receivable Agreement Revaluation

-

-

-

0

-

-

0

0

0

24,710

0

0

0

0

-

-

-

-

-

-

-

-

Impairment loss on Tremont Mortgage Trust investment

-

-

-

6,213

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Federal income tax expense

-

-

-

-

-

-

-

-

-

-

-

-

3,795

-

-

-

-

-

-

-

-

-

Equity in earnings of investees

324

255

401

174

109

35

-10

-134

-212

-222

-45

4

-165

0

-

0

0

-

0

15

72

28

Unrealized (loss) gain on equity method investment accounted for under the fair value option

-2,200

1,438

-1,722

-731

522

-2,769

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Income (loss) before income tax expense

17,533

25,348

21,868

15,599

21,847

137,050

22,165

22,911

23,323

207,889

16,601

22,129

22,523

75,873

23,501

21,906

19,834

81,693

20,511

16,909

25,114

19,620

Unrealized losses attributable to changes in fair value of stock accounted for under the fair value option

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-1,727

596

841

Income tax expense

2,612

3,724

2,985

2,226

3,139

18,970

3,376

3,462

3,681

48,343

3,440

4,528

4,610

15,673

4,669

4,504

4,086

11,314

-

651

3

-

Net income (loss)

14,921

21,624

18,883

13,373

18,708

118,080

19,011

19,449

19,642

159,324

13,116

17,605

17,748

60,200

18,832

17,402

15,748

70,379

16,317

16,273

25,183

19,648

Net income attributable to noncontrolling interest

8,453

12,175

10,529

7,524

10,540

65,871

10,827

11,068

11,286

88,204

8,073

10,748

10,865

36,690

11,458

10,704

9,634

53,325

-

15,303

-

-

Net income attributable to The RMR Group Inc.

6,468

9,449

8,354

5,849

8,168

52,209

8,184

8,381

8,356

71,120

5,043

6,857

6,883

23,510

7,374

6,698

6,114

17,054

-

970

-

-

Foreign currency translation adjustments

-

0

-

0

-

-4

1

-3

-1

0

1

1

10

-11

6

-6

10

9

-85

88

-124

-131

Unrealized loss in investment in available for sale securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-130

80

-4

Equity interest in investees unrealized gains

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-4

45

-6

Other Comprehensive Income (Loss), Net of Tax

-

0

-

0

-

-4

1

-3

-1

0

1

1

10

-11

6

-6

10

9

-85

-46

1

-141

Comprehensive income

-

21,624

-

13,373

-

118,076

19,012

19,446

19,641

159,324

13,117

17,606

17,758

60,189

18,838

17,396

15,758

70,388

16,232

16,227

25,184

19,507

Comprehensive income attributable to noncontrolling interest

-

12,175

-

7,524

-

65,869

10,827

11,067

11,286

88,204

8,073

10,748

10,870

36,685

11,461

10,701

9,639

53,329

-

15,115

-

-

Comprehensive income attributable to The RMR Group Inc.

-

9,449

-

5,849

-

52,207

8,185

8,379

8,355

71,120

5,044

6,858

6,888

23,504

7,377

6,695

6,119

17,059

-

1,112

-

-

Weighted average common shares outstanding - basic (in shares)

16,186

16,177

16,151

16,137

16,120

16,120

16,092

16,087

16,069

16,060

16,041

16,037

16,025

16,025

16,010

16,008

16,002

16,000

-

-

-

-

Weighted average common shares outstanding - diluted (in shares)

31,186

16,177

16,145

16,149

16,147

16,131

16,156

16,135

16,105

16,084

16,064

16,058

16,042

16,028

16,010

16,008

16,002

16,000

-

-

-

-

Net income attributable to RMR Inc. per common share - basic (in dollars per share)

0.40

-

-

0.36

0.50

-

0.50

0.52

0.52

4.40

0.31

0.43

0.43

1.46

-

0.42

-

-

-

-

-

-

Net income attributable to RMR Inc. per common share - diluted (in dollars per share)

0.39

-

-

0.36

0.50

-

0.49

0.52

0.52

4.39

0.31

0.43

0.43

1.46

-

0.42

-

-

-

-

-

-

Weighted average common shares outstanding - basic and diluted (in shares)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

16,000

-

-

Net income attributable to The RMR Group Inc. per common share - basic and diluted (in dollars per share)

-

0.58

-

-

-

3.22

-

-

-

-

-

-

-

-

-

-

0.38

1.07

-

0.06

-

-

Total management and advisory services revenues
Revenue from Contract with Customer, Excluding Assessed Tax

44,101

48,122

45,170

44,443

43,361

168,364

49,997

48,373

47,624

205,833

-

-

-

-

-

-

-

-

-

-

-

-

Management services
Revenue from Contract with Customer, Excluding Assessed Tax

43,321

47,275

44,346

43,641

42,600

47,488

49,137

47,328

46,559

48,570

44,258

44,644

43,258

42,727

-

41,867

39,014

102,059

39,837

41,156

42,123

39,210

Incentive business management fees
Revenue from Contract with Customer, Excluding Assessed Tax

0

0

0

0

0

120,094

0

0

0

155,881

0

0

0

52,407

-

-

-

-

-

-

-

-

Advisory services
Revenue from Contract with Customer, Excluding Assessed Tax

780

847

824

802

761

782

860

1,045

1,065

1,382

1,069

1,019

1,004

1,010

-

600

560

581

579

596

613

592

Total reimbursable costs
Revenue from Contract with Customer, Excluding Assessed Tax

96,760

111,770

114,074

99,272

86,735

111,949

15,076

13,711

11,657

12,708

11,309

9,839

10,034

9,150

-

9,744

8,759

7,490

7,695

6,427

7,074

7,034

Reimbursable compensation and benefits
Revenue from Contract with Customer, Excluding Assessed Tax

12,533

13,795

16,622

13,583

13,412

13,873

15,076

13,711

11,657

12,708

-

-

-

-

-

-

-

-

-

-

-

-

Other client company reimbursable expenses
Revenue from Contract with Customer, Excluding Assessed Tax

84,227

97,975

97,452

85,689

73,323

98,076

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-