Victory Capital Holdings, Inc. VCTR Income Statement

Victory capital holdings, inc. (VCTR)

Income statement / TTM

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
Revenue
Total revenue
729,315	612,373	489,786	382,888	395,927	413,412	423,091	417,397	413,932	409,629	0	0	0
Expenses
Personnel compensation and benefits
192,879	179,809	159,509	141,980	143,578	145,880	149,309	147,379	145,264	144,111	0	0	0
Distribution and other asset-based expenses
185,715	146,622	110,274	77,341	85,286	94,680	98,770	99,302	101,719	103,439	0	0	0
General and administrative
51,369	46,568	38,738	28,035	28,036	30,005	31,042	32,958	34,131	33,996	0	0	0
Depreciation and amortization
22,701	23,873	23,613	21,419	22,087	23,277	24,487	25,968	28,168	29,910	0	0	0
Change in value of consideration payable for acquisition of business
0	-	-	0	-	-	-	0	-	-	-	0	-
Acquisition-related costs
19,471	22,317	23,401	7,010	0	-	0	0	-	2,094	0	0	0
Restructuring and integration costs
0	-	0	0	-	742	1,963	2,446	5,339	6,205	0	0	0
Total operating expenses
496,197	447,753	363,606	280,471	286,551	298,893	307,403	309,278	316,058	319,461	0	0	0
Income from operations
233,118	164,620	126,180	102,417	109,376	114,519	115,688	108,119	97,874	90,168	0	0	0
Other (expense) income
Interest income and other (expense) income
824	6,829	2,604	-338	-986	-2,856	-2,326	-1,373	-3,295	-2,913	0	0	0
Interest expense and other financing costs
47,685	40,901	30,438	18,040	18,226	20,694	26,564	33,794	42,931	48,467	0	0	0
Loss on debt extinguishment
0	-	0	-	-	-6,058	-6,388	0	0	-	0	-	-
Total other expense, net
-57,775	-43,932	-35,243	-18,378	-19,212	-29,608	-34,948	-41,555	-52,614	-51,710	0	0	0
Income before income taxes
175,343	120,688	90,937	84,039	90,164	84,911	80,740	66,564	45,260	38,458	0	0	0
Income tax expense
40,197	28,197	22,117	20,617	22,450	21,207	19,780	18,306	13,323	12,632	0	0	0
Net income
135,130	92,491	68,817	63,415	67,707	63,704	60,998	48,258	31,937	25,826	0	0	0
Earnings per share of common stock
Basic
0.84	0.56	0.38	0.21	0.22	0.22	0.30	0.27	0.17	0.21	0.14	0.04	0.08
Diluted
0.77	0.51	0.35	0.20	0.20	0.19	0.29	0.26	0.16	0.18	0.13	0.04	0.08
Weighted average number of shares outstanding
Basic
67,790	135,151	67,724	67	67,521	135,540	67,972	67	61,599	55,123	54,961	54,825	54,813
Diluted
74,350	147,837	73,671	73	72,282	143,824	71,864	72	66,283	60,838	59,738	58,985	58,746
Dividends declared per share of common stock
0.05	-	0.05	-	-	-	-	-	-	0.23	0.00	0.00	2.19
Investment Management Fees
Total revenue
539,272	466,802	389,889	327,008	337,964	352,683	359,859	353,350	348,826	343,811	0	0	0
Fund Administration and Distribution Fees
Total revenue
190,043	145,571	99,897	55,880	57,963	60,729	63,232	64,047	65,106	65,818	0	0	0