STEEL PARTNERS HOLDINGS L.P. SPLP Income Statement

Steel partners holdings l.p. (SPLP)

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
Revenue:
Total revenue
347,900	395,413	396,342	414,203	355,813	378,613	405,319	434,437	366,245	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Diversified industrial net sales
-	-	-	-	-	-	-	-	-	-	295,485	303,816	280,214	276,157	274,327	241,472	206,600	207,121	224,635	193,271	137,982	131,911	164,524	168,546	135,487	68,249	171,874	182,085	148,956	32,941	144,629	164,430	156,713	37,696	187,915	195,746	158,407
Energy net revenue
-	-	-	-	-	-	-	-	-	-	37,959	34,035	27,316	25,127	27,154	21,715	19,999	24,645	33,480	35,610	38,885	54,482	58,583	51,924	45,159	33,498	31,418	28,762	26,351	26,915	34,293	19,264	12,362	-	-	-	-
Financial services revenue
-	-	-	-	-	-	-	-	-	-	21,596	20,540	15,789	17,221	15,368	18,215	20,194	23,544	18,226	15,484	12,176	12,349	9,309	8,023	6,966	7,443	7,162	7,271	6,309	7,636	5,384	4,099	4,036	4,722	3,862	3,076	3,261
Investment and other income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	105	104	400	-	669	141	405	117	119	208	221	2,214	8	-98	223	44	17	432	374
Net investment (losses) gains
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-56	7,185	25,138	-	1,438	-631	-160	-448	-262	156	1,625	61	-609	13,931	2,339	4,102	-19,432	-2,080	13,058
Revenues
-	-	-	-	-	-	-	-	-	335,277	355,040	358,391	323,319	318,505	316,849	281,402	246,793	222,434	276,390	251,654	214,581	196,880	234,523	228,003	187,857	108,859	210,311	218,482	183,462	69,767	183,705	201,626	175,673	79,548	172,362	197,174	175,100
Costs and expenses:
Cost of goods sold
221,079	271,246	263,598	278,930	238,467	264,260	284,599	299,258	261,861	235,290	247,232	247,355	228,613	224,762	221,876	198,015	170,923	175,545	195,384	167,972	131,146	136,004	161,121	157,753	133,331	76,308	145,039	151,810	123,600	43,929	124,463	126,601	121,833	42,251	136,211	145,143	117,360
Selling, general and administrative expenses
76,664	89,826	82,309	102,345	82,323	87,094	89,135	88,183	88,382	88,550	80,118	78,529	90,522	83,519	73,592	63,882	61,305	61,308	57,202	51,230	60,459	48,343	44,398	46,558	49,056	47,645	53,895	50,342	50,239	25,916	44,874	44,423	40,309	33,918	34,564	36,833	32,482
Goodwill impairment charges
-	-	41,853	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Asset impairment charges
617	-	725	190	0	-	0	-	-	-	-	-	-	-	3,057	7,000	1,470	-	9,202	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Asset impairment charges
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	22,740	5,598	-	1,224	0	0	169	1,010	0	1,510	191	1,410	1	0	-	0	-	-
Finance interest expense
3,434	3,586	4,568	4,201	3,924	3,289	2,889	2,332	1,778	1,568	1,176	1,060	881	763	640	663	529	491	370	325	264	246	207	191	171	174	164	177	183	228	236	392	320	357	449	419	346
Provision for Loan and Lease Losses
26,137	-	11,230	12,715	8,470	-	6,037	4,205	2,818	-	3,025	965	123	-	484	197	238	-	-69	-32	62	-	102	-64	-	-	-	-	-	-	-78	-99	-145	-184	128	-52	116
Provision for (Recovery of) of loan losses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	90	-	-	-	53	-	-	-	-	-	-	-	-
Interest expense
8,315	9,926	10,323	10,955	10,205	10,920	10,615	9,590	8,109	8,358	5,147	4,893	4,406	3,662	3,025	2,332	2,033	2,342	2,347	2,139	2,034	2,773	3,337	2,522	2,441	-	-	-	2,812	4,700	3,100	3,696	3,308	3,936	3,034	2,239	3,215
Debt and Equity Securities, Gain (Loss)
-18,002	-	30,234	36,377	2,109	-	-22,416	-11,824	-13,789	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Realized and unrealized losses (gains) on securities, net
-	-	-	-	-	-	-	-	-	-	402	648	-215	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Provision for (Recovery of ) loan losses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5	-23	-	-	-	-	-	-	-	-	-
Interest expense, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1,428	-504	-	-	-	-	-	-	-	-	-
Realized and unrealized loss (gain) on derivatives
-	-	-	-	-	-	-	-	-	-	-	-	-	962	-275	-416	-123	315	168	312	-207	453	1,320	-606	140	493	-351	1,492	-439	945	-1,134	970	571	539	-682	3,284	-3,538
Deferred fee liability to related party - increase
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-314	11,762	-	-10,007	2,810	-
Management fees - related party
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,139	2,051	2,167
Deferred fee liability to related party-increase
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-314	11,762	-	-10,007	2,810	-
Increase in deferred fee liability to related party
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	489
Other income, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	6,607	2,455	2,724	18	1,921	4,429	5,646	1,421	-1,269	1,057	-424	303	516	407	432	7,376	0	0
Other (income) expense, net
967	-132	795	1,626	-1,150	3,779	2,686	529	1,016	513	-258	-171	-1,113	4,538	1,136	5,530	1,345	-	8,011	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total costs and expenses
353,281	-	-	-	342,430	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total costs and expenses
-	-	383,577	371,333	-	390,447	413,005	414,863	375,721	336,852	336,554	332,325	325,873	337,047	301,813	266,975	235,276	250,663	256,257	237,455	197,315	226,954	209,051	205,645	180,340	123,822	200,461	202,633	177,673	74,350	174,836	173,214	176,409	75,056	159,824	186,159	159,713
(Loss) income from continuing operations before income taxes and equity method investments
-5,381	-41,257	12,765	42,870	13,383	-11,834	-7,686	19,574	-9,476	-1,575	18,486	26,066	-2,554	-18,542	15,036	14,427	11,517	-28,229	20,133	14,199	17,266	-30,074	25,472	22,358	7,517	-14,963	9,850	15,849	5,789	-4,583	8,869	28,412	-736	4,492	12,538	11,015	15,387
Income tax (benefit) provision
-3,429	-15,529	13,674	14,718	3,002	3,519	104	7,606	1,330	24,124	9,913	10,416	6,846	5,595	8,334	6,288	3,735	-103,424	13,125	3,660	7,920	5,170	10,207	7,743	1,168	-9,596	7,363	8,062	648	-1,422	2,246	10,551	1,693	-62,876	2,192	1,323	-5,607
Equity Method Investments, Gain (Loss) of Associated Companies, Net of Taxes
-34,507	-8,451	-1,855	-7,118	9,381	-14,650	1,599	1,587	1,955	8,186	2,332	68	6,302	1,436	6,367	1,720	-5,438	-14,540	-21,066	-820	4,649	-15,229	12,655	2,275	-18,258	40,227	-15,454	13,381	-10,368	-11,180	-3,235	-21,921	50,540	-	-	-	-
(Loss) Income of associated companies, net of taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-14,755	12,983	1,858
Income from other investments - related party
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-38	399	-	613	1,475	-2	-1,013	900	-1,227	1,069	95	586	1,790	-10,800	-	-2,666	-905	-
Income (loss) from investments held at fair value
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-734	-527	4,413	-	-9,988	-792	-2,446	5,476	225	4,388	-9,278	6,102	3,887	340	8,638	-	-519	8	-
Loss from other investments - related party
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	8,284
Income (loss) from investments held at fair value
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1,564
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest
-36,459	-	-2,764	21,034	19,762	-	-6,191	13,555	-8,851	-	10,905	15,718	-3,098	-22,701	13,069	9,859	2,344	57,142	-14,792	9,154	18,807	-39,333	18,545	17,573	-14,357	39,323	-11,842	24,329	-13,436	-8,144	7,861	-1,930	45,949	51,463	-7,594	21,778	13,004
Discontinued Operation, Income (Loss) from Discontinued Operation During Phase-out Period, Net of Tax
-2,301	-	-	-	-4,140	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income from discontinued operations, net of taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	565	-	2,245	3,624	2,769	-	-603	-1,140	-449	-	1,208	1,004	1,037	-	159	-126	-607
Net loss on deconsolidation of discontinued operations
-22,847	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-761	195	-148	86,406	0	0	0	42	379	1,863	-1,442	5,873	4,578	0	-567	3,152	-1,208	-401	-154	2,734
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest
-25,148	-	-	-	-4,140	-	-	-	-	-	-	-	-	-	-	-	-	-761	195	-148	86,971	1,624	2,245	3,624	2,811	2,344	1,260	-2,582	5,424	14,195	1,208	437	4,189	1,021	-242	-280	2,127
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
-61,607	-	-	-	15,622	-	-	-	-	-	-	-	-	-	-	-	-	56,381	-14,597	9,006	105,778	-37,709	20,790	21,197	-11,546	41,667	-10,582	21,747	-8,012	6,051	9,069	-1,493	50,138	52,484	-7,836	21,498	15,131
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Noncontrolling Interest
130	-	114	-29	-56	-	-96	513	227	-	3,892	4,465	984	-7,328	2,237	650	382	-1,367	-4,404	-1,520	-3,584	-19,457	5,820	9,825	-70	10,646	4,236	7,079	1,266	667	5,074	5,703	2,145	-	4,684	8,930	-
Discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-2,120	1,950	-53	30,931	419	943	1,577	1,230	262	628	-1,429	2,672	6,404	508	223	2,023	-	-131	-29	-
Continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,619
Discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,021
Net loss (income) attributable to noncontrolling interests in consolidated entities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-3,487	-2,454	-1,573	27,347	-19,038	6,763	11,402	1,160	10,908	4,864	5,650	3,938	7,071	5,582	5,926	4,168	29,714	4,553	8,901	2,640
Net (loss) income attributable to common unitholders
-61,737	-29,913	-2,878	21,063	15,678	-30,473	-6,095	13,042	-9,078	-14,200	7,013	11,253	-4,082	-15,373	10,832	9,209	1,962	59,868	-12,143	10,579	78,431	-18,671	14,027	9,795	-12,706	30,759	-15,446	16,097	-11,950	-1,020	3,487	-7,419	45,970	22,770	-12,389	12,597	12,491
Net (loss) income per common unit - basic
Net (loss) income from continuing operations (in dollars per share)
-1.46	-	-	-	0.80	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net loss from discontinued operations (in dollars per share)
-1.01	-	-	-	-0.17	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net (loss) income attributable to common unitholders (in dollars per share)
-2.47	-	-	-	0.63	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net (loss) income attributable to common unitholders (in dollars per share)
-	-	-	-	-	-	-	-	-0.35	-	0.27	0.43	-0.16	-	0.41	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income (loss) per common unit - basic and diluted
Net (loss) income attributable to common unitholders (in dollars per share)
-	-	-0.12	0.84	-	-	-0.23	0.50	-	-	-	-	-	-	-	0.35	0.07	2.15	-0.38	0.39	0.81	-0.75	0.46	0.27	-0.46	0.97	-0.54	0.57	-0.49	-	-	-	-	-	-	-	-
Net income from discontinued operations (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.06	-0.06	0.00	2.03	0.05	0.04	0.07	0.05	0.07	0.02	-0.04	0.09	-	-	-	-	-	-	-	-
Net Income (Loss), Per Outstanding Limited Partnership Unit, Basic, Net of Tax
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2.21	-0.44	0.39	2.84	-0.70	0.50	0.34	-0.41	1.04	-0.52	0.53	-0.40	-	-	-	-	-	-	-	-
Net (loss) income per common unit - diluted
Net (loss) income from continuing operations (in dollars per share)
-1.46	-	-0.12	0.61	0.58	-	-0.23	0.42	-0.35	-	0.27	0.41	-	-	-	0.35	-	2.16	-0.38	0.38	0.80	-0.75	0.46	0.27	-0.46	0.95	-0.54	0.57	-0.49	-	-	-	-	-	-	-	-
Net loss from discontinued operations (in dollars per share)
-1.01	-	-	-	-0.10	-	-	-	-	-	-	-	-	-	-	-	-	0.08	-0.06	0.00	2.00	0.05	0.04	0.07	0.05	0.07	0.02	-0.04	0.09	-	-	-	-	-	-	-	-
Net Income (Loss), Net of Tax, Per Outstanding Limited Partnership Unit, Diluted
-2.47	-	-	-	0.48	-	-	-	-	-	-	-	-	-	-	-	-	2.24	-0.44	0.38	2.80	-0.70	0.50	0.34	-0.41	1.02	-0.52	0.53	-0.40	-	-	-	-	-	-	-	-
Weighted Average Limited Partnership Units Outstanding, Basic
25,020	25,018	25,011	24,982	24,846	25,504	26,020	26,147	26,264	-	26,016	26,038	26,145	26,148	26,152	26,480	26,632	26,746	27,226	27,640	27,658	27,514	27,783	28,739	30,803	29,606	29,663	30,128	30,254	30,814	31,814	31,183	25,183	25,182	25,230	25,265	25,253
Weighted Average Limited Partnership Units Outstanding, Diluted
25,020	-3,465	25,011	39,138	39,176	13,983	26,020	37,668	26,264	-	26,273	29,763	26,145	26,658	26,160	26,480	26,645	26,746	27,226	27,726	28,069	27,453	27,808	28,775	30,803	33,146	29,663	30,128	30,254	30,836	31,841	31,210	25,210	33,349	29,570	25,265	30,492
Diversified Industrial [Member]
Total revenue
262,300	310,525	306,382	328,537	280,921	298,078	322,571	358,398	307,618	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Energy net revenue
Total revenue
38,602	37,307	44,147	43,532	38,986	41,942	50,343	47,073	36,592	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Financial services revenue
Total revenue
46,998	47,581	45,813	42,134	35,906	38,593	32,405	28,966	22,035	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Diversified Industrial
Interest expense
-	-	-	-	-	3,678	3,506	3,446	2,766	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-