Extended Stay America, Inc. STAY Income Statement

Extended stay america, inc. (STAY)

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	Sep'12
REVENUES:
Total revenues
266,301	284,198	332,695	323,657	277,669	289,715	351,076	336,501	297,767	-	350,866	338,363	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Room revenues
-	-	-	-	-	-	-	-	-	-	-	-	285,808	-	349,076	327,833	283,137	291,526	355,445	335,384	283,298	278,530	333,970	317,087	266,229	264,302	308,077	288,772	252,805	274,111
Other hotel revenues
-	-	-	-	-	-	-	-	-	-	-	-	5,183	-	5,445	4,956	4,421	4,809	5,071	4,927	4,293	4,162	4,583	4,827	4,087	4,225	5,297	4,546	3,719	4,717
Franchise and management fees
-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total hotel and fee revenues
-	-	-	-	-	-	-	-	-	-	-	-	290,991	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other revenues from franchised and managed properties
-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Management fees and other revenues
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	245	279	277	274	2,545
Total revenues
-	-	-	-	-	-	-	-	-	-	-	-	290,991	-	354,521	332,789	287,558	296,335	360,516	340,311	287,591	282,692	338,553	321,914	270,316	268,772	313,653	293,595	256,798	281,373
OPERATING EXPENSES:
Hotel operating expenses
-	-	-	-	-	-	-	-	-	-	-	-	141,660	-	149,860	149,078	145,560	153,544	159,049	146,499	144,995	143,848	159,125	147,241	141,887	-	144,931	134,907	-	-
Hotel operating expenses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	128,181	-
Hotel operating expenses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	134,387
General and administrative expenses
23,938	27,549	22,292	22,287	23,027	21,384	21,242	23,507	24,961	19,092	23,823	25,430	26,307	24,493	24,612	23,988	24,952	24,716	24,373	26,036	23,500	20,154	19,579	21,543	23,105	39,647	24,534	25,736	18,408	22,581
Depreciation and amortization
50,520	49,857	49,748	49,017	48,778	49,677	52,138	53,499	54,015	56,427	57,314	57,804	57,671	57,035	55,955	55,011	53,308	51,917	52,268	50,529	49,183	47,806	47,124	46,950	45,327	43,530	42,669	40,609	41,245	33,183
Impairment of long-lived assets
-	-	2,700	0	-	0	0	0	43,600	4,843	0	7,934	12,423	7,072	2,756	0	0	-	9,011	-	-	-	0	-	-	0	1,942	0	1,388	0
Total hotel expenses
219,753	222,616	227,632	218,211	209,096	211,065	229,721	221,060	265,206	223,150	233,292	240,079	238,061	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other expenses from franchised and managed properties
-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Managed property payroll expenses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	163	185	184	196	1,758
Restructuring expenses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	605	0
Acquisition transaction expenses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	125	0	0	110	-
Total operating expenses
223,960	227,144	232,331	223,207	213,743	215,520	233,170	224,454	267,125	223,150	233,292	240,079	238,061	224,874	233,183	228,077	223,820	230,177	244,701	223,064	217,678	214,972	224,964	215,734	210,319	215,997	214,261	201,436	190,133	191,909
Gain (loss) on sale of hotel properties
-	-	0	0	-	878	3,500	0	38,100	11,870	0	-1,897	0	-	0	0	-	-	-	-	-	-	864	-	-	-	0	-	-	-
OTHER INCOME
2	1	3	1	27	168	39	457	5	559	344	2,055	1	5	2	0	18	1	3	38	3	116	1	65	206	475	643	13	3	-
OTHER INCOME
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	41
INCOME FROM OPERATIONS
42,343	57,055	100,367	100,451	63,953	75,242	121,462	112,504	68,729	91,784	117,918	98,442	52,931	70,856	121,340	104,712	63,756	197,053	115,818	117,285	69,916	68,700	113,590	106,245	60,203	53,250	100,035	92,172	66,668	-
OTHER NON-OPERATING EXPENSE (INCOME)
-703	143	-101	171	178	813	251	-102	-197	-27	278	-1,073	1,221	507	305	-114	878	-697	-1,143	873	-1,765	-	-1,058	-	-	-	-	-	-	-
OTHER NON-OPERATING (INCOME) EXPENSE
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	736	-2,515	-	0	-	-	-
INCOME FROM OPERATIONS
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	89,505
INTEREST EXPENSE, NET
32,685	31,859	36,535	29,766	29,604	29,798	31,007	32,425	31,640	32,814	31,651	31,701	33,606	33,075	48,713	35,764	46,985	35,807	35,157	35,501	31,317	32,900	33,377	46,539	36,548	76,608	53,010	52,788	52,053	53,244
INTEREST INCOME
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	103
INCOME BEFORE INCOME TAX EXPENSE
8,955	25,339	63,731	70,856	34,527	46,257	90,706	79,977	36,892	58,943	86,545	65,668	20,546	38,288	72,932	68,834	17,649	160,549	79,518	82,657	36,834	34,874	79,155	60,442	21,140	-23,358	47,025	39,384	14,615	36,364
INCOME TAX EXPENSE
1,100	1,515	10,500	11,200	6,100	6,876	15,000	14,400	5,800	18,793	20,295	15,943	4,483	8,140	15,867	7,448	2,896	28,369	21,293	17,900	8,974	6,870	18,970	14,158	5,059	-7,980	447	1,845	698	3,087
NET INCOME
7,845	23,846	53,230	59,658	28,404	39,399	75,692	65,570	31,095	40,150	66,250	49,725	16,063	30,148	57,065	61,386	14,753	132,132	58,225	64,805	27,860	28,004	60,185	46,284	16,081	-15,378	46,578	37,539	13,917	33,277
NET INCOME ATTRIBUTABLE TO NONCONTROLLING INTERESTS
3,291	70,680	12,159	6,161	6,470	78,345	3,790	514	16,243	90,055	12,374	-2,050	-7,038	84,547	10,509	657	-2,293	136,279	20,569	6,822	6,312	86,309	16,310	3,048	5,291	-4,435	422	-33	471	141
NET INCOME ATTRIBUTABLE TO EXTENDED STAY AMERICA, INC. COMMON SHAREHOLDERS
4,554	-46,834	41,071	53,497	21,934	-38,946	71,902	65,056	14,852	-49,905	53,876	51,775	23,101	-54,399	46,556	60,729	17,046	-4,147	37,656	57,983	21,548	-58,305	43,875	43,236	10,790	-10,943	46,156	37,572	13,446	-
NET INCOME PER EXTENDED STAY AMERICA, INC. COMMON SHARE:
NET INCOME ATTRIBUTABLE TO SHAREHOLDERS OR MEMBERS
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	33,136
Basic (dollars per share)
0.03	-0.25	0.22	0.28	0.12	-0.20	0.38	0.34	0.08	-0.26	0.28	0.27	0.12	-0.26	0.23	0.30	0.08	-0.02	0.18	0.28	0.11	-0.29	0.22	0.21	0.05	-0.08	0.27	0.22	0.08	0.20
Diluted (dollars per share)
0.03	-0.25	0.22	0.28	0.12	-0.21	0.38	0.34	0.08	-0.26	0.28	0.27	0.12	-0.26	0.23	0.30	0.08	-0.02	0.18	0.28	0.11	-0.28	0.21	0.21	0.05	-0.08	0.27	0.22	0.08	0.19
WEIGHTED-AVERAGE COMMON SHARES OUTSTANDING:
WEIGHTED-AVERAGE EXTENDED STAY AMERICA, INC. COMMON SHARES OUTSTANDING:
Basic (shares)
177,990	182,542	186,844	188,450	188,348	186,907	188,822	189,626	192,201	191,541	192,357	193,409	195,097	195,822	200,556	201,600	204,310	204,329	204,281	204,227	204,007	203,842	203,593	203,458	203,299	188,370	170,433	170,444	170,329	169,720
Diluted (shares)
178,171	182,884	187,015	188,813	188,576	187,282	189,253	190,183	192,566	192,019	193,331	193,944	195,386	196,189	200,696	201,689	204,370	204,651	204,685	204,553	204,379	204,755	204,540	204,362	204,375	189,268	171,825	171,949	172,030	171,708
Room revenues
Total revenues
254,464	272,397	320,669	311,614	267,046	279,236	340,917	326,948	290,210	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other hotel revenues
Total revenues
6,768	6,517	6,475	6,070	5,303	5,161	5,943	5,492	5,275	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Franchise and management fees
Total revenues
1,279	1,389	1,351	1,447	1,225	1,170	864	861	415	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Hotel operating expenses
4,207	4,528	4,699	4,996	4,647	4,455	3,449	3,394	1,919	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Hotel operating expenses
Total revenues
262,511	280,303	328,495	319,131	273,574	285,567	347,724	333,301	295,900	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Hotel operating expenses
145,295	-	152,913	146,907	137,291	-	156,341	144,054	142,630	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other revenues from franchised and managed properties
Total revenues
3,790	3,895	4,200	4,526	4,095	4,148	3,352	3,200	1,867	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
INCOME FROM OPERATIONS
-417	-	-	-	-552	-	-	-	-52	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-