Lendingtree, inc. (TREE)
Income statement / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Sep'10Jun'10
Revenue

1,127,297

1,106,603

1,054,088

940,540

846,220

764,865

723,147

697,584

666,256

617,736

557,623

480,687

422,204

384,402

361,902

337,148

297,994

254,216

219,739

191,241

178,249

167,350

159,897

155,934

151,196

139,240

126,771

112,724

92,288

77,443

64,167

53,972

53,933

54,617

59,155

61,170

0

0

0

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

64,961

68,379

65,473

58,640

48,373

36,399

27,657

21,207

19,328

17,223

15,578

14,582

13,882

13,764

13,297

12,341

10,868

9,370

8,635

8,309

8,213

7,903

7,173

6,796

6,851

6,542

6,504

6,002

4,855

4,295

3,434

3,204

3,723

4,133

4,875

4,992

0

0

0

Gross margin

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

Selling and marketing expense

755,827

735,180

693,239

616,821

549,138

500,291

486,244

480,382

465,577

432,784

389,614

333,895

289,292

261,100

246,650

232,732

205,071

172,849

147,738

126,005

118,092

112,704

106,229

103,893

101,315

91,121

82,410

70,954

55,537

48,934

42,414

37,513

41,785

46,662

52,189

55,211

0

0

0

General and administrative expense

117,812

116,847

120,057

112,714

109,522

101,219

100,533

95,473

82,808

71,541

51,968

43,056

39,515

37,227

35,514

33,575

32,061

30,030

29,018

28,539

26,978

25,883

25,042

24,062

24,235

24,658

23,882

23,804

23,984

22,231

20,858

19,714

19,082

19,751

21,354

23,294

0

0

0

Product development

40,750

39,953

38,664

35,072

30,864

26,958

24,268

22,465

20,562

17,925

14,869

13,782

13,499

13,761

14,631

13,588

12,197

10,485

9,279

8,262

7,698

7,457

6,766

6,325

5,991

5,264

5,060

4,696

3,960

3,529

2,908

2,736

2,731

3,203

3,483

3,519

0

0

0

Depreciation

11,894

10,998

9,923

9,122

8,196

7,385

6,975

6,878

7,053

7,085

6,795

6,283

5,649

4,944

4,331

3,809

3,352

3,008

2,839

2,915

3,144

3,245

3,394

3,445

3,371

3,501

3,549

3,592

3,766

4,105

4,550

5,009

5,188

5,023

4,500

3,999

0

0

0

Amortization of intangibles

55,571

55,241

51,325

43,248

32,932

23,468

17,586

15,702

14,346

12,992

10,014

6,363

3,827

1,243

288

147

112

149

164

180

170

136

124

116

132

147

163

231

294

358

418

530

691

891

1,094

1,824

0

0

0

Change in fair value of contingent consideration

5,688

28,402

30,812

29,078

26,121

10,788

4,488

4,884

14,444

23,931

20,640

18,139

8,746

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Severance

1,130

1,026

657

2,806

2,406

2,352

2,331

3

247

404

454

454

279

122

72

100

416

422

563

542

177

373

315

238

363

159

128

150

5

-57

-19

527

922

1,080

1,036

606

0

0

0

Litigation settlements and contingencies

-687

-151

225

221

43

-186

-347

-163

292

718

981

728

364

129

161

275

-724

-611

-475

1,730

3,193

10,618

12,573

13,110

15,634

8,955

2,763

398

-2,295

-3,101

1,473

1,175

1,205

5,732

5,281

0

0

0

-

Asset impairments (Note 4)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

Total costs and expenses

1,054,018

1,055,875

1,009,953

907,308

807,181

708,674

669,559

646,831

624,657

584,603

510,913

437,282

375,053

332,290

314,944

296,567

263,353

225,702

197,761

176,482

167,665

168,319

161,616

157,985

157,892

140,347

124,459

109,827

90,106

80,294

76,036

70,408

104,577

115,725

121,716

125,300

0

0

0

Operating Income (Loss)

73,279

50,728

44,135

33,232

39,039

56,191

53,588

50,753

41,599

33,133

46,710

43,405

47,151

52,112

46,958

40,581

34,641

28,514

21,978

14,759

10,584

-969

-1,719

-2,051

-6,696

-1,107

2,312

2,897

2,182

-2,851

-11,869

-16,436

-50,644

-61,108

-63,907

-66,594

0

0

0

Other (expense) income, net:
Interest expense, net

20,905

20,271

5,334

7,786

9,957

12,437

2,771

2,360

4,205

7,028

-3,063

-400

538

561

-190

-50

27

171

-60

-60

4

2

0

5

12

19

293

638

767

881

709

470

410

368

325

381

0

0

0

Other income

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total other income (expense)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-368

-325

-381

0

0

0

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

54,098

30,981

24,834

16,310

24,146

43,744

42,016

38,611

31,386

25,709

42,333

41,919

46,590

51,574

46,426

40,189

34,326

28,343

21,914

14,695

10,584

-971

-1,721

-2,056

-6,708

-1,126

2,019

2,259

1,415

-3,732

-12,578

-16,906

-51,054

-61,476

-64,232

-66,975

0

0

0

Income tax benefit

-3,788

-8,479

-13,411

-25,834

-49,866

-65,575

-60,534

-45,708

-16,091

6,291

8,376

10,813

14,489

20,366

-8,842

-15,182

-18,482

-22,973

570

179

-176

-484

-442

-538

-474

-453

1,505

1,791

668

-1,483

-2,724

-3,376

-14,162

-11,766

-12,085

-11,356

0

0

0

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

57,886

39,460

38,245

42,144

74,012

109,319

102,550

84,319

47,477

19,418

33,957

31,106

32,101

31,208

55,268

55,371

52,808

51,316

21,344

14,516

10,760

-487

-1,279

-1,518

-6,234

-673

514

468

747

-2,249

-9,854

-13,530

-36,892

-49,710

-52,147

-55,619

0

0

0

Gain from sale of discontinued operations, net of tax

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

9,561

10,161

10,161

24,471

24,373

32,065

0

0

-

0

-

-

-

-

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

-25,145

-21,632

-25,575

-8,010

-9,549

-12,820

-10,477

-8,854

-7,241

-3,840

-3,296

0

0

-

0

-

-

-

-

-

-

-

-

-

-

4,620

5,955

10,596

29,012

48,874

65,779

52,278

0

-

0

0

-

0

-

Loss from discontinued operations, net of tax

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

0

0

0

-

-4,658

-5,013

-2,973

-4,941

-4,206

435

4,541

24,501

31,028

35,885

23,281

-17,545

-14,471

-17,361

0

0

0

Net Income (Loss) Available to Common Stockholders, Basic

32,741

17,828

12,670

34,134

64,463

96,499

92,073

75,465

40,236

15,578

30,628

28,124

28,658

27,494

52,220

51,692

48,562

48,047

31,634

25,927

20,957

9,362

-6,477

-7,071

256

3,947

6,469

11,064

29,759

46,625

45,487

54,420

-5,859

-59,503

-58,866

-72,980

0

0

0

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

12,957

12,923

12,890

12,805

12,718

12,711

12,799

12,416

12,090

11,989

11,999

11,965

11,827

11,768

11,754

11,795

11,931

11,933

11,445

11,382

11,304

11,214

11,182

11,214

11,142

11,023

11,017

11,133

10,967

10,769

10,771

10,685

10,555

11,047

11,037

11,014

10,882

11,023

11,240

Weighted Average Number of Shares Outstanding, Diluted

14,158

14,750

14,632

14,908

14,186

13,543

13,850

14,147

14,848

13,873

13,774

13,604

13,477

12,747

12,742

12,730

12,873

13,176

12,489

12,334

12,165

9,925

11,836

11,849

11,142

10,320

11,720

11,133

10,967

10,155

11,385

10,685

10,555

11,047

11,037

11,014

10,882

11,163

11,240

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

1.46

0.12

1.90

1.01

0.04

-0.06

2.22

3.61

2.97

-0.54

0.84

0.67

0.66

0.68

0.62

0.76

0.58

2.76

0.65

0.57

0.48

0.19

0.05

0.24

-0.52

0.11

0.03

-0.18

-0.02

0.23

0.03

-0.16

-0.31

-0.45

-0.31

-2.28

-1.48

-0.68

-0.61

Diluted (in dollars per share)

1.34

0.12

1.67

0.87

0.04

0.12

2.05

3.17

2.41

-0.49

0.74

0.59

0.58

0.62

0.57

0.71

0.54

2.54

0.59

0.52

0.44

0.20

0.05

0.23

-0.52

0.11

0.03

-0.18

-0.02

0.24

0.02

-0.16

-0.31

-0.45

-0.31

-2.28

-1.48

-0.68

-0.61

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

-0.35

0.02

-1.57

-0.06

-0.08

-0.27

-0.21

-0.19

-0.36

-0.10

-0.08

-0.06

-0.08

-0.05

-0.06

-0.10

-0.10

0.00

-0.11

-0.15

-0.02

1.21

-0.02

-0.26

-0.05

-0.13

-0.05

0.82

-0.22

-0.04

0.38

2.58

1.65

0.59

1.52

-0.85

-2.15

-

-

Diluted (in dollars per share)

-0.32

0.02

-1.38

-0.05

-0.07

-0.27

-0.19

-0.16

-0.29

-0.09

-0.07

-0.05

-0.07

-0.06

-0.05

-0.09

-0.09

0.00

-0.10

-0.14

-0.02

1.19

-0.01

-0.25

-0.05

-0.13

-0.05

0.82

-0.22

-0.02

0.36

2.58

1.65

0.59

1.52

-0.85

-2.15

-

-

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

1.11

0.15

0.33

0.95

-0.04

-0.33

2.01

3.43

2.61

-0.65

0.76

0.61

0.58

0.62

0.56

0.67

0.48

2.77

0.53

0.41

0.46

1.41

0.03

-0.02

-0.58

-0.01

-0.02

0.64

-0.25

0.20

0.41

2.41

1.34

0.14

1.21

-3.13

-3.63

0.16

-0.07

Diluted (in dollars per share)

1.02

0.15

0.29

0.82

-0.04

-0.14

1.86

3.01

2.12

-0.57

0.66

0.54

0.51

0.57

0.52

0.62

0.44

2.53

0.49

0.38

0.43

1.41

0.03

-0.02

-0.58

-0.01

-0.02

0.64

-0.25

0.23

0.38

2.41

1.34

0.14

1.21

-3.13

-3.63

0.16

-0.07