SONIC AUTOMOTIVE, INC. SAH Income Statement

Sonic automotive, inc. (SAH)

Income statement / Yearly

Dec'19	Dec'18	Dec'17	Dec'16	Dec'15	Dec'14	Dec'13	Dec'12	Dec'11	Dec'10	Dec'09
Revenues:
Revenues
10,454	9,951	9,867	9,731	9,624	9,197	8,843	8,365	7,520	6,578	5,973
Cost of Sales:
Cost of Sales
8,933	8,505	8,409	8,302	8,209	7,831	7,541	7,130	6,362	5,513	4,957
Gross profit
1,521	1,446	1,457	1,429	1,414	1,365	1,301	1,235	1,158	1,064	1,016
Selling, general and administrative expenses
1,099	1,145	1,147	1,110	1,110	1,067	1,003	949	899	846	814
Impairment charges
20	29	9	8	17	6	9	0	0	0	23
Depreciation and amortization
93	93	88	77	68	58	54	45	39	33	34
Operating income (loss)
307	177	211	232	217	233	234	240	219	184	144
Other income (expense):
Interest expense, floor plan
48	48	36	27	21	18	21	19	18	20	19
Interest expense, other, net
52	54	52	50	50	53	55	60	66	73	77
Interest expense, non-cash, convertible debt
-	-	-	-	-	-	-	-	-	-	0
Interest income (expense / amortization), non-cash, cash flow swaps
-	-	-	-	-	-	-	-	-	-	11
Other income (expense), net
-6	0	-14	0	0	0	-28	-19	-1	-7	-6
Total other income (expense)
-108	-102	-103	-77	-72	-71	-105	-99	-86	-100	-116
Income (loss) from continuing operations before taxes
199	75	108	155	145	161	129	141	133	83	27
Provision for income taxes for continuing operations - benefit (expense)
55	22	13	60	57	63	44	49	51	-15	-29
Income (loss) from continuing operations
144	52	94	94	88	98	84	91	81	98	57
Discontinued operations:
Income (loss) from discontinued operations before taxes
-0	-1	-1	-2	-2	-2	-4	-4	-10	-12	-50
Provision for income taxes for discontinued operations - benefit (expense)
-0	-0	-0	-0	-1	-0	-0	-2	-4	-3	-24
Income (loss) from discontinued operations
-0	-0	-1	-1	-1	-1	-3	-2	-5	-8	-25
Net income (loss)
144	51	92	93	86	97	81	89	76	89	31
Basic earnings (loss) per common share:
Earnings (loss) per share from continuing operations (usd per share)
3.36	1.23	2.14	2.07	1.74	1.89	1.60	1.68	1.54	1.88	1.29
Earnings (loss) per share from discontinued operations (usd per share)
-0.01	-0.02	-0.03	-0.03	-0.03	-0.03	-0.06	-0.04	-0.10	-0.18	-0.58
Earnings (loss) per common share (usd per share)
3.35	1.21	2.11	2.04	1.71	1.86	1.54	1.64	1.44	1.70	0.71
Weighted average common shares outstanding
43	42	43	45	50	52	52	53	52	52	43
Diluted earnings (loss) per common share:
Earnings (loss) per share from continuing operations (usd per share)
3.31	1.22	2.12	2.06	1.73	1.87	1.59	1.56	1.37	1.62	1.07
Earnings (loss) per share from discontinued operations (usd per share)
-0.01	-0.02	-0.03	-0.03	-0.03	-0.03	-0.06	-0.03	-0.08	-0.13	-0.45
Earnings (loss) per common share (usd per share)
3.30	1.20	2.09	2.03	1.70	1.84	1.53	1.53	1.29	1.49	0.62
Weighted average common shares outstanding
43	42	44	45	50	52	52	60	65	65	55
Dividends declared per common share (usd per share)
-	-	-	-	0.11	0.10	0.10	0.10	0.10	0.02	-
Total vehicles
Revenues
8,582	8,165	8,088	7,978	7,932	7,600	7,340	6,952	6,186	5,335	4,770
Cost of Sales
8,206	7,791	7,677	7,566	7,510	7,158	6,908	6,536	5,790	4,978	4,436
New vehicles
Revenues
4,889	4,974	5,295	5,234	5,265	5,124	4,989	4,715	4,088	3,513	3,199
Cost of Sales
4,656	4,732	5,030	4,973	4,997	4,835	4,699	4,437	3,826	3,284	2,982
Used vehicles
Revenues
3,489	2,973	2,622	2,533	2,512	2,310	2,176	2,053	1,930	1,679	1,427
Cost of Sales
3,342	2,830	2,467	2,374	2,349	2,153	2,025	1,910	1,790	1,546	1,304
Wholesale vehicles
Revenues
202	217	171	211	155	166	175	183	167	142	143
Cost of Sales
207	228	179	218	162	169	183	189	172	146	148
Parts, service and collision repair
Revenues
1,395	1,380	1,416	1,409	1,364	1,296	1,230	1,162	1,125	1,068	1,050
Cost of Sales
727	713	732	735	699	673	633	593	572	535	520
Finance, insurance and other, net
Revenues
476	405	363	343	326	300	272	250	209	173	153
Franchised Dealership Impairment [Member]
Impairment charges
1	27	7	-	-	-	-	-	-	-	-
Impairment charges
1	27	7	-	-	-	-	-	-	-	-
EchoPark Total Impairment [Member]
Impairment charges
19	1	1	-	-	-	-	-	-	-	-
Impairment charges
19	1	1	-	-	-	-	-	-	-	-