SONIC AUTOMOTIVE, INC. SAH Income Statement

Sonic automotive, inc. (SAH)

Income statement / TTM

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
10,373	10,454	10,280	10,048	9,939	9,951	10,045	10,080	9,980	9,867	9,756	9,808	9,784	9,731	9,645	9,581	9,623	9,624	9,505	9,366	9,296	9,197	9,160	9,047	8,896	8,843	8,716	8,602	8,521	8,365	8,007	7,805	7,629	7,520	7,460	7,256	0	0	0
Cost of Sales:
Cost of Sales
8,860	8,933	8,782	8,576	8,487	8,505	8,585	8,618	8,520	8,409	8,310	8,366	8,350	8,302	8,224	8,159	8,198	8,209	8,106	7,986	7,924	7,831	7,804	7,706	7,578	7,541	7,439	7,346	7,277	7,130	6,814	6,623	6,454	6,362	6,292	6,099	0	0	0
Gross profit
1,512	1,521	1,497	1,471	1,452	1,446	1,459	1,461	1,459	1,457	1,445	1,441	1,434	1,429	1,421	1,422	1,424	1,414	1,399	1,380	1,371	1,365	1,356	1,340	1,317	1,301	1,277	1,255	1,244	1,235	1,193	1,182	1,175	1,158	1,168	1,157	0	0	0
Selling, general and administrative expenses
1,134	1,099	1,112	1,104	1,087	1,145	1,149	1,143	1,160	1,147	1,137	1,135	1,118	1,110	1,118	1,116	1,124	1,110	1,099	1,090	1,074	1,067	1,057	1,042	1,021	1,003	985	966	957	949	916	910	907	899	921	917	0	0	0
Impairment charges
286	20	18	17	27	29	19	20	12	9	5	11	8	8	7	1	11	17	23	23	12	6	10	9	9	9	0	0	0	0	0	0	0	0	0	0	0	0	0
Depreciation and amortization
92	93	92	92	92	93	94	93	91	88	85	83	80	77	75	72	70	68	66	63	60	58	58	57	56	54	50	48	46	45	43	41	40	39	38	36	0	0	0
Operating income (loss)
-1	307	274	257	244	177	196	203	195	211	217	212	227	232	220	232	218	217	210	203	224	233	230	231	230	234	240	240	239	240	232	229	226	219	208	202	0	0	0
Other income (expense):
Interest expense, floor plan
45	48	50	51	50	48	44	41	38	36	34	32	29	27	25	24	22	21	20	19	18	18	19	20	21	21	21	21	20	19	17	17	17	18	19	21	0	0	0
Interest expense, other, net
51	52	53	53	53	54	53	53	52	52	51	51	51	50	49	49	50	50	51	51	52	53	53	54	54	55	56	58	58	60	65	66	67	66	62	61	0	0	0
Interest expense, non-cash, convertible debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0
Interest income (expense / amortization), non-cash, cash flow swaps
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0
Other income (expense), net
-6	-6	0	0	0	0	0	0	0	-14	-14	-14	-14	0	0	0	0	0	0	0	0	0	0	0	-28	-28	-27	-45	-19	-19	-20	-3	-1	-1	-1	-7	0	0	0
Total other income (expense)
-103	-108	-104	-105	-104	-102	-98	-94	-91	-103	-100	-98	-95	-77	-75	-73	-72	-72	-71	-71	-71	-71	-73	-74	-104	-105	-106	-124	-97	-99	-99	-83	-84	-86	-90	-101	0	0	0
Income (loss) from continuing operations before taxes
-104	199	169	151	140	75	97	109	104	108	116	113	131	155	144	158	145	145	138	132	153	161	157	156	125	129	134	115	141	141	133	146	142	133	117	101	0	0	0
Provision for income taxes for continuing operations - benefit (expense)
-7	55	49	45	43	22	5	12	11	13	46	44	51	60	56	62	57	57	54	51	60	63	55	54	42	44	50	43	49	49	48	53	55	51	45	39	0	0	0
Income (loss) from continuing operations
-96	144	120	106	96	52	92	96	92	94	70	69	80	94	87	96	88	88	83	80	92	98	101	101	82	84	83	71	91	91	85	92	86	81	72	62	0	0	0
Discontinued operations:
Income (loss) from discontinued operations before taxes
-0	-0	-0	-0	-0	-1	-1	-1	-1	-1	-2	-3	-3	-2	-2	-1	-1	-2	-3	-2	-1	-2	-2	-4	-4	-4	-1	-2	-4	-4	-12	-10	-10	-10	-3	-4	0	0	0
Provision for income taxes for discontinued operations - benefit (expense)
-0	-0	-0	-0	-0	-0	-0	-0	-0	-0	-0	-1	-1	-0	-0	-0	-0	-1	-1	-0	-0	-0	-0	-1	-0	-0	-1	-1	-2	-2	-6	-5	-4	-4	0	0	0	0	0
Income (loss) from discontinued operations
-0	-0	-0	-0	-0	-0	-0	-0	-0	-1	-1	-1	-2	-1	-1	-1	-1	-1	-2	-1	-1	-1	-1	-3	-3	-3	0	-0	-1	-2	-5	-4	-5	-5	-4	-4	0	0	0
Net income (loss)
-97	144	119	105	96	51	91	96	91	92	68	67	78	93	86	95	86	86	81	79	91	97	99	97	79	81	83	70	89	89	79	88	81	76	68	57	0	0	0
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
8,498	8,582	8,431	8,236	8,151	8,165	8,252	8,287	8,190	8,088	7,993	8,034	8,024	7,978	7,902	7,854	7,902	7,932	7,843	7,737	7,690	7,600	7,577	7,488	7,367	7,340	7,247	7,160	7,096	6,952	6,640	6,448	6,280	6,186	6,100	5,909	0	0	0
Cost of Sales
8,134	8,206	8,060	7,862	7,777	7,791	7,865	7,895	7,788	7,677	7,579	7,623	7,612	7,566	7,493	7,439	7,485	7,510	7,416	7,306	7,251	7,158	7,133	7,045	6,931	6,908	6,824	6,745	6,681	6,536	6,237	6,046	5,878	5,790	5,706	5,518	0	0	0
New vehicles
Revenues
4,782	4,889	4,848	4,825	4,859	4,974	5,140	5,267	5,303	5,295	5,217	5,230	5,241	5,234	5,225	5,218	5,227	5,265	5,216	5,176	5,179	5,124	5,110	5,044	4,992	4,989	4,954	4,889	4,827	4,715	4,476	4,307	4,146	4,088	3,962	3,831	0	0	0
Cost of Sales
4,557	4,656	4,617	4,588	4,621	4,732	4,886	5,009	5,040	5,030	4,956	4,973	4,981	4,973	4,965	4,954	4,964	4,997	4,943	4,900	4,894	4,835	4,818	4,748	4,702	4,699	4,670	4,610	4,546	4,437	4,208	4,039	3,881	3,826	3,708	3,584	0	0	0
Used vehicles
Revenues
3,519	3,489	3,376	3,207	3,084	2,973	2,903	2,817	2,696	2,622	2,587	2,588	2,569	2,533	2,488	2,480	2,516	2,512	2,467	2,399	2,344	2,310	2,298	2,274	2,209	2,176	2,114	2,082	2,077	2,053	1,981	1,963	1,958	1,930	1,967	1,924	0	0	0
Cost of Sales
3,377	3,342	3,231	3,065	2,941	2,830	2,759	2,669	2,545	2,467	2,426	2,426	2,410	2,374	2,333	2,322	2,354	2,349	2,306	2,238	2,186	2,153	2,143	2,121	2,056	2,025	1,966	1,938	1,935	1,910	1,841	1,825	1,816	1,790	1,821	1,774	0	0	0
Wholesale vehicles
Revenues
196	202	206	203	206	217	208	203	190	171	188	215	212	211	187	155	158	155	159	162	166	166	168	169	165	175	179	188	191	183	182	177	175	167	170	153	0	0	0
Cost of Sales
200	207	211	208	215	228	220	216	202	179	196	222	220	218	195	162	166	162	165	167	169	169	172	176	171	183	187	197	198	189	187	181	180	172	176	159	0	0	0
Parts, service and collision repair
Revenues
1,388	1,395	1,388	1,379	1,370	1,380	1,396	1,401	1,415	1,416	1,411	1,425	1,415	1,409	1,404	1,392	1,387	1,364	1,342	1,318	1,300	1,296	1,290	1,274	1,252	1,230	1,200	1,178	1,166	1,162	1,131	1,131	1,131	1,125	1,153	1,149	0	0	0
Cost of Sales
725	727	721	714	709	713	719	723	731	732	731	743	738	735	730	719	712	699	690	679	673	673	670	660	647	633	615	601	596	593	576	577	576	572	585	580	0	0	0
Finance, insurance and other, net
Revenues
486	476	461	432	418	405	396	390	373	363	351	347	345	343	338	334	333	326	319	310	305	300	292	284	276	272	268	263	258	250	235	225	217	209	206	197	0	0	0