Lendingtree, inc. (TREE)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10
Revenue

1,106,603

764,865

617,736

384,402

254,216

167,350

139,240

77,443

54,617

59,918

Costs and expenses:
Cost of revenue (exclusive of depreciation and amortization shown separately below)

68,379

36,399

17,223

13,764

9,370

7,903

6,542

4,295

4,133

5,136

Selling and marketing expense

735,180

500,291

432,784

261,100

172,849

112,704

91,121

48,934

46,662

51,229

General and administrative expense

116,847

101,219

71,541

37,227

30,030

25,883

24,658

22,231

19,751

24,500

Product development

39,953

26,958

17,925

13,761

10,485

7,457

5,264

3,529

3,203

3,403

Depreciation

10,998

7,385

7,085

4,944

3,008

3,245

3,501

4,105

5,023

3,216

Amortization of intangibles

55,241

23,468

12,992

1,243

149

136

147

358

891

1,232

Change in fair value of contingent consideration

28,402

10,788

23,931

0

0

-

-

-

-

-

Severance

1,026

2,352

404

122

422

373

159

-57

1,080

2,780

Litigation settlements and contingencies

-151

-186

718

129

-611

10,618

8,955

-3,101

5,732

963

Asset impairments (Note 4)

-

-

-

-

-

-

-

-

29,250

540

Total costs and expenses

1,055,875

708,674

584,603

332,290

225,702

168,319

140,347

80,294

115,725

92,999

Operating Income (Loss)

50,728

56,191

33,133

52,112

28,514

-969

-1,107

-2,851

-61,108

-33,081

Other (expense) income, net:
Interest income

-

-

-

-

-

-

-

-

-

8

Other income (expense)

524

-10

-396

23

0

0

-

-

-

-

Interest expense, net

20,271

12,437

7,028

561

171

2

19

881

368

472

Total other income (expense)

-

-

-

-

-

-

-

-

-368

-464

Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Noncontrolling Interest

30,981

43,744

25,709

51,574

28,343

-971

-1,126

-3,732

-61,476

-33,545

Income tax benefit

-8,479

-65,575

6,291

20,366

-22,973

-484

-453

-1,483

-11,766

-6,941

Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent

39,460

109,319

19,418

31,208

51,316

-487

-673

-2,249

-49,710

-26,604

Gain from sale of discontinued operations, net of tax

-

-

-

-

-

-

9,561

24,373

7,752

-

Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent

-21,632

-12,820

-3,840

-3,714

-3,269

9,849

4,620

48,874

-9,793

8,427

Loss from discontinued operations, net of tax

-

-

-

-

-

-

-4,941

24,501

-17,545

8,427

Net Income (Loss) Available to Common Stockholders, Basic

17,828

96,499

15,578

27,494

48,047

9,362

3,947

46,625

-59,503

-18,177

Comprehensive income

-

-

-

27,494

48,047

9,362

3,947

46,625

-

-

Weighted average shares outstanding:
Weighted Average Number of Shares Outstanding, Basic

12,834

12,504

11,945

11,812

11,516

11,188

11,035

10,695

10,995

11,014

Weighted Average Number of Shares Outstanding, Diluted

14,619

14,097

13,682

12,773

12,541

11,188

11,035

10,695

10,995

11,014

Income per share from continuing operations:
Basic (in dollars per share)

3.07

8.74

1.63

2.64

4.46

-0.04

-0.06

-0.21

-4.52

-2.42

Diluted (in dollars per share)

2.70

7.75

1.42

2.44

4.09

-0.04

-0.06

-0.21

-4.52

-2.42

Loss per share from discontinued operations:
Basic (in dollars per share)

-1.69

-1.03

-0.32

-0.31

-0.28

0.88

0.42

4.57

-0.89

0.77

Diluted (in dollars per share)

-1.48

-0.91

-0.28

-0.29

-0.26

0.88

0.42

4.57

-0.89

0.77

Earnings Per Share [Abstract]
Basic (in dollars per share)

1.39

7.72

1.30

2.33

4.17

0.84

0.36

4.36

-5.41

-1.65

Diluted (in dollars per share)

1.22

6.85

1.14

2.15

3.83

0.84

0.36

4.36

-5.41

-1.65