Townsquare Media, Inc. TSQ Income Statement

Townsquare media, inc. (TSQ)

Income statement / TTM

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	Sep'13	Jun'13
Net revenue
450,621	444,067	436,298	430,599	0	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net revenue
-	-	-	-	-	-	-	-	-	490,113	509,967	-	510,365	474,177	454,536	441,222	421,919	387,098	375,849	373,892	347,042	324,774	0	0	0
Operating costs and expenses:
Direct operating expenses
318,444	314,002	311,134	306,861	269,323	276,626	287,090	295,574	237,698	272,871	295,279	299,344	381,580	356,662	333,365	317,789	295,456	267,336	256,517	253,440	237,073	225,097	0	0	0
Depreciation and amortization
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Depreciation and amortization
24,771	22,574	21,086	18,961	16,061	16,250	16,999	18,999	15,613	16,466	17,311	17,051	0	0	0	-	0	0	0	-	0	0	-	-	-
Corporate expenses
27,540	27,230	27,150	27,212	27,256	26,783	26,128	25,828	25,424	25,484	25,162	25,370	25,816	25,485	25,775	25,458	25,547	25,915	25,469	24,996	22,634	20,959	0	0	0
Share-based Payment Arrangement, Noncash Expense
2,635	2,700	2,286	1,600	1,177	773	702	700	4,194	4,207	4,236	4,300	662	3,331	4,530	4,278	4,278	38,983	37,580	37,739	37,739	0	0	0	-
Transaction costs
932	905	1,455	1,466	1,571	1,623	1,134	1,174	767	805	797	767	1,048	1,917	1,861	1,739	1,433	371	236	217	354	368	0	0	0
Impairment of long lived and intangible assets
-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Business realignment costs
2,339	2,132	2,132	2,128	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Impairment of long lived and intangible assets
0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain (Loss) on Disposition of Assets
-127	19	386	415	666	726	-378	-386	-662	-299	-662	-298	-153	11,330	12,388	12,029	11,891	-240	-193	-90	-101	128	0	0	0
Costs and Expenses
409,410	402,146	397,248	390,204	332,719	339,533	350,635	360,865	284,311	320,085	343,400	347,083	434,260	400,164	374,852	356,492	0	0	0	-	-	262,243	0	0	0
Operating Income (Loss)
41,211	41,921	39,050	40,395	60,378	59,454	60,336	50,527	57,529	75,614	72,153	74,498	76,105	74,013	79,684	84,730	91,117	38,809	39,692	40,532	32,519	62,531	0	0	0
Other expense:
Interest expense, net
34,311	34,427	34,434	34,266	33,881	33,471	32,928	32,755	32,806	32,870	33,761	34,072	34,385	34,618	33,983	35,979	37,926	41,107	44,983	46,502	43,355	39,122	0	0	0
Impairment on investment
-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-
Cancellation and (repurchase) of debt
-	-	-	-	-	-	-	-	-	-	-	-	173	-29,844	0	-	0	0	-	-	0	0	-	-	-
Other expense, net
-223	-157	-169	-167	-161	-370	-362	-363	-448	-250	-254	228	320	336	0	-	0	0	-	-	-	-	-	-	-
Net loss on derivative instruments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Other expense (income), net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	103	105	0	0	0
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest
1,810	2,470	-420	1,095	26,336	25,613	27,046	17,409	24,360	38,343	34,414	36,964	38,139	39,781	15,651	18,170	22,730	-32,473	-5,413	-6,081	-10,939	23,304	0	0	0
Provision for income taxes
1,745	2,038	1,167	1,589	-8,059	-6,363	-4,137	-7,397	11,628	16,842	15,111	16,134	15,663	16,713	6,919	7,924	9,841	4,677	10,879	10,872	6,646	352	0	0	0
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest
65	432	-1,587	-494	34,395	31,976	31,183	24,806	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net (loss) income from discontinued operations, net of income taxes
-1,658	-1,146	-8,189	-31,081	-76,779	-69,759	-65,037	-35,079	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income (loss)
-1,593	-714	-9,776	-31,575	-42,384	-37,783	-33,854	-10,273	20,058	21,629	21,668	23,293	22,476	23,068	8,732	10,246	12,889	-37,150	-16,292	-16,953	-17,585	22,952	0	0	0
Net income (loss) attributable to:
Net Income (Loss) Attributable to Parent
-3,495	-2,492	-11,360	-32,930	-43,665	-38,707	-34,905	-11,149	19,519	21,119	21,433	23,023	22,218	22,856	8,273	9,830	12,455	-37,583	-16,746	-17,372	0	0	0	-	-
Net Income (Loss) Attributable to Noncontrolling Interest
1,902	1,778	1,584	1,355	1,281	924	1,051	876	539	510	235	270	258	212	459	416	0	0	0	-	0	0	0	-	-
Basic income (loss) per share:
Income (Loss) from Continuing Operations, Per Basic Share
-	-	0.13	-	-	-	0.19	0.70	0.38	0.42	-0.16	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income (Loss) from Discontinued Operations and Disposal of Discontinued Operations, Net of Tax, Per Basic Share
-	-	-0.39	-	-	-	-1.63	-2.17	0.39	-0.12	0.00	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Basic (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	0.86	0.31	-0.08	0.13	0.94	-0.50	0.01	-	-	-	-	-	-
Diluted income (loss) per share:
Continuing operations (in dollars per share)
0.31	0.37	0.09	-0.79	0.33	0.30	0.13	0.53	0.25	0.27	-0.16	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Discontinued operations (in dollars per share)
-0.01	0.00	-0.26	-0.35	0.01	-0.25	-1.09	-1.44	0.26	-0.08	0.00	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Diluted (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	0.58	0.20	-0.08	0.27	0.60	-0.50	0.00	-	-	-	-	-	-
Historical loss before income taxes
1,810	2,470	-420	1,095	26,336	25,613	27,046	17,409	47,103	44,015	0	-	0	0	-	-	-	-	-	-	0	0	0	0	0
Pro forma income tax benefit
1,745	2,038	1,167	1,589	-8,059	-6,363	-4,137	-7,397	19,256	17,660	0	-	0	0	-	-	-	-	-	-	0	0	0	0	0
Net (loss) income
-1,593	-714	-9,776	-31,575	-42,384	-37,783	-33,854	-10,273	32,710	24,020	0	-	0	0	-	-	-	-	-	-	0	0	0	0	0
Pro forma net income per share, basic (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1.17	0.95	-	-	-
Pro forma net income per share, diluted (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1.17	0.43	-	-	-
Basic (in shares)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	18,060	14,209	7,896	7,887	7,517	-
Diluted (in shares)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	8,551	14,209	17,405	7,887	16,637	-
Weighted average shares outstanding:
Weighted Average Number of Shares Outstanding, Basic
27,580	27,490	18,478	367	27,456	27,611	18,478	18,459	18,478	18,470	18,429	18,397	18,395	18,365	17,863	17,868	17,532	17,374	17,374	-	-	-	-	-	-
Weighted Average Number of Shares Outstanding, Diluted
27,581	27,490	27,456	27,251	27,690	27,611	27,456	36,552	27,994	28,445	18,429	36,579	27,372	27,438	17,863	32,145	27,610	17,374	33,767	-	-	-	-	-	-
Dividends declared (in usd per share)
0.07	0.07	0.07	0.07	0.07	0.07	0.07	0.00	0.00	0.00	0.00	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Common shares
Income (Loss) from Continuing Operations, Per Basic Share
0.31	0.37	-	-	0.33	0.30	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income (Loss) from Discontinued Operations and Disposal of Discontinued Operations, Net of Tax, Per Basic Share
-0.02	0.00	-	-	0.01	-0.37	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Weighted Average Number of Shares Outstanding, Basic
18,602	18,512	-	-	18,478	18,633	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Participating shares
Income (Loss) from Continuing Operations, Per Basic Share
0.31	0.37	-	-	0.33	0.30	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income (Loss) from Discontinued Operations and Disposal of Discontinued Operations, Net of Tax, Per Basic Share
0.00	0.00	-	-	0.01	0.00	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Weighted Average Number of Shares Outstanding, Basic
8,978	8,978	-	-	8,978	8,978	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-