SONIC AUTOMOTIVE, INC. SAH Income Statement

Sonic automotive, inc. (SAH)

Income statement / Quarterly

Mar'20	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	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Sep'10	Jun'10
Revenues:
Revenues
2,308	2,748	2,702	2,614	2,389	2,574	2,470	2,505	2,400	2,667	2,505	2,405	2,287	2,556	2,557	2,382	2,234	2,470	2,494	2,423	2,235	2,351	2,355	2,353	2,136	2,315	2,242	2,202	2,083	2,188	2,127	2,121	1,927	1,830	1,926	1,945	1,818	1,770	1,722
Cost of Sales:
Cost of Sales
1,957	2,354	2,315	2,232	2,030	2,203	2,110	2,143	2,048	2,283	2,143	2,045	1,937	2,185	2,198	2,029	1,889	2,106	2,134	2,068	1,900	2,003	2,014	2,006	1,807	1,976	1,916	1,878	1,770	1,874	1,823	1,809	1,623	1,558	1,632	1,640	1,531	1,488	1,439
Gross profit
350	393	386	381	359	370	360	362	352	384	362	360	350	371	359	353	345	363	360	355	334	348	341	346	329	338	326	323	313	314	304	312	303	272	293	305	287	281	282
Selling, general and administrative expenses
282	260	296	294	247	273	289	277	304	277	283	293	292	267	282	277	284	275	280	284	270	264	270	268	263	254	254	248	245	236	235	239	237	204	228	237	229	226	225
Impairment charges
268	17	1	0	1	15	0	10	3	6	0	2	0	1	6	0	0	1	0	10	6	6	0	0	0	9	0	0	0	0	0	0	0	0	0	0	0	0	0
Depreciation and amortization
22	23	23	23	22	22	23	23	23	23	22	21	21	20	19	18	18	17	17	17	16	15	14	14	14	14	13	13	12	11	11	11	10	9	10	9	9	8	8
Operating income (loss)
-221	92	65	62	87	58	48	50	20	77	55	42	36	82	50	57	42	69	62	43	41	62	56	63	50	59	57	62	55	65	57	61	55	57	54	59	48	46	48
Other income (expense):
Interest expense, floor plan
10	11	11	12	13	13	12	11	10	9	8	9	8	7	6	6	6	5	5	5	4	4	4	4	4	5	5	5	5	5	4	4	4	3	4	4	5	5	5
Interest expense, other, net
10	13	13	13	12	13	13	13	13	13	13	12	13	12	13	12	12	12	12	13	13	12	12	13	13	13	13	14	14	14	15	13	16	19	16	15	15	15	15
Interest expense, non-cash, convertible debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1	1	1	1
Interest income (expense / amortization), non-cash, cash flow swaps
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-0	1	2
Other income (expense), net
0	-6	-0	-0	0	0	0	0	0	-0	0	0	-14	0	0	0	0	-0	0	0	0	-0	-0	0	0	-0	0	-28	0	0	-17	-2	0	-0	-0	0	0	-0	-7
Total other income (expense)
-21	-31	-24	-26	-25	-27	-25	-25	-24	-23	-21	-21	-36	-20	-19	-18	-18	-18	-17	-18	-17	-17	-17	-18	-18	-18	-18	-48	-19	-19	-37	-21	-20	-19	-21	-22	-22	-24	-32
Income (loss) from continuing operations before taxes
-243	60	40	36	61	31	22	25	-3	53	33	20	0	62	31	38	23	51	45	24	23	45	39	44	32	40	38	14	35	45	20	40	35	37	32	36	26	22	16
Provision for income taxes for continuing operations - benefit (expense)
-44	14	11	10	18	9	7	8	-1	-8	14	7	0	24	12	15	9	20	18	9	9	18	15	17	12	10	14	5	13	16	7	11	13	15	12	13	10	8	6
Income (loss) from continuing operations
-199	46	29	26	42	21	15	17	-2	62	19	12	-0	38	18	23	14	31	27	15	14	26	24	27	19	29	24	8	21	28	12	28	21	22	20	22	15	13	9
Discontinued operations:
Income (loss) from discontinued operations before taxes
-0	0	-0	-0	-0	-0	-0	-0	-0	-0	-0	-0	-0	-0	-1	-0	0	-0	-0	-0	-0	-1	0	-0	-0	-1	-2	0	-0	0	-3	-1	-1	-6	-1	-0	-1	-0	-1
Provision for income taxes for discontinued operations - benefit (expense)
-0	0	-0	-0	-0	-0	-0	-0	-0	-0	-0	-0	-0	-0	-0	-0	0	-0	-0	-0	-0	-0	0	-0	-0	-0	-0	0	-0	-0	-0	-0	-0	-4	-0	0	-0	0	-0
Income (loss) from discontinued operations
-0	0	-0	-0	-0	-0	-0	-0	-0	-0	-0	-0	-0	-0	-0	-0	0	-0	-0	-0	-0	-0	0	-0	-0	-1	-1	0	-0	1	-2	-0	-0	-2	-0	-1	-0	-0	-1
Net income (loss)
-199	46	29	26	42	21	15	16	-2	61	19	12	-0	37	18	22	14	31	26	14	13	26	24	26	19	28	23	8	21	30	10	28	20	20	19	21	14	12	8
Basic earnings (loss) per common share:
Earnings (loss) per share from continuing operations (usd per share)
-4.67	1.07	0.68	0.62	0.99	0.52	0.36	0.40	-0.05	1.41	0.45	0.28	0.00	0.84	0.42	0.50	0.31	0.62	0.54	0.30	0.28	0.53	0.47	0.51	0.38	0.56	0.47	0.16	0.41	0.52	0.22	0.54	0.40	0.43	0.38	0.43	0.30	0.26	0.18
Earnings (loss) per share from discontinued operations (usd per share)
-0.01	0.01	-0.01	0.00	-0.01	-0.01	-0.01	0.00	0.00	-0.01	0.00	-0.01	-0.01	-	-0.02	-	-	0.00	-0.01	-0.01	-0.01	-0.02	0.00	0.00	-0.01	-0.03	-0.03	0.01	-0.01	0.02	-0.04	-0.01	-0.01	-0.04	-0.01	-0.03	-0.02	-0.01	-0.02
Earnings (loss) per common share (usd per share)
-4.68	1.08	0.67	0.62	0.98	0.51	0.35	0.40	-0.05	1.40	0.45	0.27	-0.01	0.83	0.40	0.50	0.31	0.62	0.53	0.29	0.27	0.51	0.47	0.51	0.37	0.53	0.44	0.17	0.40	0.54	0.18	0.53	0.39	0.39	0.37	0.40	0.28	0.25	0.16
Weighted average common shares outstanding
42	43	43	43	42	42	42	42	42	43	43	44	44	44	45	45	46	49	50	50	50	51	52	52	52	52	52	52	52	54	55	52	52	52	52	52	52	52	52
Diluted earnings (loss) per common share:
Earnings (loss) per share from continuing operations (usd per share)
-4.67	1.04	0.66	0.62	0.99	0.51	0.36	0.40	-0.05	1.40	0.45	0.27	0.00	0.83	0.42	0.50	0.31	0.62	0.53	0.30	0.28	0.51	0.47	0.51	0.38	0.56	0.46	0.16	0.41	0.50	0.22	0.48	0.36	0.38	0.34	0.38	0.27	0.25	0.18
Earnings (loss) per share from discontinued operations (usd per share)
-0.01	0.01	0.00	-0.01	-0.01	0.00	-0.01	-0.01	0.00	-0.01	-0.01	0.00	-0.01	-	-0.02	-	-	0.00	-0.01	-0.01	-0.01	-0.02	0.01	0.00	-0.02	-0.04	-0.02	0.01	-0.01	0.03	-0.04	-0.01	-0.01	-0.03	-0.01	-0.03	-0.01	-0.02	-0.02
Earnings (loss) per common share (usd per share)
-4.68	1.05	0.66	0.61	0.98	0.51	0.35	0.39	-0.05	1.39	0.44	0.27	-0.01	0.82	0.40	0.50	0.31	0.62	0.52	0.29	0.27	0.50	0.47	0.51	0.36	0.52	0.44	0.17	0.40	0.53	0.18	0.47	0.35	0.35	0.33	0.35	0.26	0.23	0.16
Weighted average common shares outstanding
42	44	44	43	42	43	42	42	42	44	43	44	44	45	45	45	47	50	50	51	51	51	52	52	52	52	52	52	52	54	59	63	64	64	65	65	65	65	65
Dividends declared per common share (usd per share)
-	-	-	-	-	-	-	-	-	-	0.05	0.05	0.05	-	0.05	0.05	0.05	0.03	0.02	0.02	0.02	0.02	0.02	0.02	0.02	0.02	0.02	0.02	0.02	0.02	0.02	0.02	0.02	0.02	0.02	0.02	0.02	-	-
Total vehicles
Revenues
1,858	2,276	2,223	2,140	1,941	2,125	2,029	2,054	1,955	2,212	2,065	1,957	1,852	2,117	2,106	1,946	1,807	2,041	2,058	1,995	1,837	1,952	1,952	1,947	1,748	1,929	1,863	1,826	1,721	1,836	1,776	1,762	1,576	1,524	1,584	1,595	1,482	1,439	1,392
Cost of Sales
1,780	2,173	2,132	2,048	1,851	2,028	1,934	1,963	1,866	2,102	1,963	1,857	1,754	2,004	2,007	1,845	1,709	1,930	1,953	1,892	1,733	1,836	1,843	1,837	1,640	1,812	1,755	1,722	1,617	1,728	1,676	1,658	1,473	1,428	1,485	1,490	1,385	1,345	1,297
New vehicles
Revenues
959	1,360	1,258	1,204	1,066	1,319	1,235	1,238	1,180	1,485	1,362	1,275	1,171	1,408	1,375	1,286	1,164	1,399	1,368	1,295	1,202	1,350	1,327	1,298	1,146	1,337	1,261	1,247	1,143	1,303	1,195	1,185	1,031	1,063	1,027	1,025	972	937	896
Cost of Sales
914	1,292	1,202	1,148	1,012	1,253	1,173	1,181	1,124	1,407	1,296	1,212	1,113	1,334	1,312	1,220	1,106	1,325	1,302	1,230	1,138	1,272	1,258	1,224	1,079	1,254	1,188	1,179	1,076	1,225	1,128	1,115	967	996	960	957	912	877	836
Used vehicles
Revenues
850	869	914	885	820	755	745	762	709	685	659	641	634	651	660	622	598	607	652	658	593	562	583	603	559	551	559	538	526	489	527	534	501	417	509	529	474	453	466
Cost of Sales
817	832	877	848	783	722	710	725	672	651	620	601	593	610	621	585	557	568	610	618	552	525	542	566	519	515	520	501	488	456	492	498	462	387	476	490	436	418	429
Wholesale vehicles
Revenues
48	46	51	50	54	49	48	53	65	40	43	40	46	57	70	38	44	34	37	41	41	38	41	44	41	40	42	40	51	44	52	42	43	43	47	41	35	47	29
Cost of Sales
48	47	52	50	56	52	49	57	69	43	46	42	47	59	73	40	45	36	40	43	41	39	42	46	41	42	45	41	52	46	55	43	43	44	49	43	35	49	31
Parts, service and collision repair
Revenues
334	346	352	355	341	339	343	346	351	355	347	361	352	350	361	351	346	345	350	346	323	322	325	329	318	316	309	307	296	287	287	295	292	256	287	295	287	283	283
Cost of Sales
176	181	183	184	178	175	176	179	182	181	180	188	182	180	191	183	180	175	180	175	166	166	170	169	166	164	160	155	152	146	146	150	149	129	147	149	145	143	141
Finance, insurance and other, net
Revenues
115	125	126	118	106	109	98	104	93	100	92	86	83	88	89	84	81	83	85	82	74	76	77	76	69	68	68	69	65	64	64	63	57	49	54	55	49	47	45