Tripadvisor, inc. (TRIP)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09
Revenue

-

-

-

-

-

-

-

-

426,045

313,525

212,375

Revenue from Expedia

-

-

-

-

-

-

-

-

211,018

171,110

139,714

Revenue (Note 3)

1,560,000

1,615,000

1,556,000

1,480,000

1,492,000

1,246,000

945,000

763,000

637,063

484,635

352,089

Costs and expenses:
Cost of revenue

94,000

86,000

72,000

71,000

58,000

40,000

18,000

12,000

10,873

7,345

4,569

Selling and marketing

672,000

778,000

849,000

756,000

692,000

502,000

368,000

266,000

209,176

140,470

105,679

Technology and content

294,000

275,000

243,000

243,000

207,000

171,000

131,000

87,000

57,448

43,321

29,331

General and administrative

187,000

177,000

157,000

143,000

210,000

128,000

98,000

76,000

44,770

31,819

14,286

Depreciation

93,000

82,000

79,000

69,000

57,000

47,000

30,000

20,000

18,362

12,871

9,330

Amortization of intangible assets

33,000

34,000

32,000

32,000

36,000

18,000

6,000

6,000

7,523

14,609

13,806

Shared services fee with Expedia

-

-

-

-

-

-

-

-

9,222

7,900

6,910

Spin-off costs

-

-

-

-

-

-

-

-

6,932

-

-

Total costs and expenses:

1,373,000

1,432,000

1,432,000

1,314,000

1,260,000

906,000

651,000

467,000

364,306

258,335

183,911

Operating income (loss)

187,000

183,000

124,000

166,000

232,000

340,000

294,000

296,000

272,757

226,300

168,178

Other income (expense):
Interest expense

7,000

12,000

15,000

12,000

10,000

9,000

10,000

11,000

417

-241

-

Interest income

17,000

7,000

1,000

-

-

-

-

-

808

-

-

Related-party interest income (expense), net

-

-

-

-

-

-

-

-

-

-

-978

Other income (expense), net

-3,000

-5,000

-

-3,000

17,000

-9,000

-

-3,000

-1,254

-1,644

-660

Total other income (expense), net

7,000

-10,000

-14,000

-15,000

7,000

-18,000

-10,000

-14,000

-863

-1,885

-1,638

Income (loss) before income taxes

194,000

173,000

110,000

151,000

239,000

322,000

284,000

282,000

271,894

224,415

166,540

(Provision) benefit for income taxes (Note 9)

68,000

60,000

129,000

31,000

41,000

96,000

79,000

87,000

94,103

85,461

64,325

Net income

-

-

-

-

-

-

-

195,000

177,791

138,954

102,215

Net (income) loss attributable to noncontrolling interest

-

-

-

-

-

-

-

1,000

114

178

-212

Net income (loss)

126,000

113,000

-19,000

120,000

198,000

226,000

205,000

194,000

177,677

138,776

102,427

Earnings (loss) per share attributable to common stockholders (Note 4):
Basic

0.91

0.82

-0.14

0.83

1.38

1.58

1.44

1.39

1.33

1.04

0.77

Diluted

0.89

0.81

-0.14

0.82

1.36

1.55

1.41

1.37

1.32

1.04

0.77

Weighted average common shares outstanding (Note 4):
Basic

138,975

138,116

140,445

145,443

143,836

142,721

142,854

139,462

133,461

133,461

133,461

Diluted

140,658

140,375

140,445

146,893

145,967

145,800

145,263

141,341

134,865

133,461

133,461

(1) Excludes amortization as follows:
Amortization of acquired technology included in amortization of intangibles

-

-

-

-

-

-

-

-

-

1,080

4,356

Amortization of website development costs included in depreciation

-

-

-

-

-

-

-

-

-

8,104

5,992

Excluded Amortization

-

-

-

-

-

-

-

-

13,016

9,184

10,348

(2) Includes stock-based compensation as follows:
Stock-based compensation

-

-

-

-

-

-

-

-

17,344

-

-

Selling and marketing

-

-

-

-

-

-

-

-

-

2,101

1,885

Technology and content

-

-

-

-

-

-

-

-

-

2,661

2,276

General and administrative

-

-

-

-

-

-

-

-

-

2,421

1,744