VIRTUS INVESTMENT PARTNERS, INC. VRTSP Income Statement

Virtus investment partners, inc. (VRTSP)

Income statement / Yearly

Dec'19	Dec'18	Dec'17	Dec'16	Dec'15	Dec'14	Dec'13	Dec'12	Dec'11	Dec'10	Dec'09
Revenues [Abstract]
Revenues
563,246	552,235	425,607	322,554	381,977	450,598	389,215	280,086	204,652	144,556	117,152
Operating Expenses
Employment expenses
240,521	238,501	191,394	135,641	137,095	139,809	131,768	105,571	92,543	65,234	57,113
Distribution and other asset-based expenses
82,099	92,441	71,987	69,049	89,731	123,665	97,786	72,210	60,176	33,205	29,939
Other Cost and Expense, Operating
-	-	-	-	-	-	38,321	34,017	30,157	28,282	26,630
Restructuring and severance
2,302	87	10,580	4,270	0	294	203	1,597	2,008	1,635	1,102
Other operating expenses of consolidated sponsored investment products
-	-	-	-	-	-	-	315	-	0	-
Depreciation expense
4,992	4,597	3,497	3,092	3,443	2,763	2,422	1,810	1,847	2,007	1,920
Amortization expense
30,244	25,142	12,173	2,461	3,295	3,778	4,413	4,121	4,018	4,922	7,071
Total operating expenses
438,536	439,136	367,572	271,740	301,599	319,878	275,711	219,641	190,749	135,285	123,775
Operating Income (Loss)
124,710	113,099	58,035	50,814	80,378	130,720	113,504	60,445	13,903	9,271	-6,623
Other Income (Expense)
Realized and unrealized gain on trading securities, net
-	-	-	-	-	-	-	-	-	1,131	1,699
Realized and unrealized (loss) gain on investments of consolidated sponsored investment products, net
-	-	-	-	-	-	-	2,072	-	-	-
Other income (expense), net
2,411	3,289	1,635	1,089	898	891	74	-38	-194	77	-279
Total other income (expense), net
8,253	-23,180	18,161	8,819	-26,650	-2,843	5,939	3,925	-450	1,208	1,420
Interest Income (Expense)
Interest Expense
-	-	-	-	-	-	782	854	782	983	1,784
Total interest income (expense), net
7,722	19,122	4,233	10,174	13,915	8,437	2,465	433	-461	-324	-1,160
Interest and dividend income of investments of consolidated sponsored investment products
-	-	-	-	-	-	-	577	-	0	-
Income (Loss) Before Income Taxes
140,685	109,041	80,429	69,807	67,643	136,314	121,908	64,803	12,992	10,155	-6,363
Income tax expense (benefit)
35,177	32,961	40,490	21,044	36,972	39,349	44,778	27,030	-132,428	513	121
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
105,508	76,080	39,939	48,763	30,671	96,965	77,130	-	-	-	-
Net Income (Loss) Attributable to Noncontrolling Interest
9,859	551	2,927	261	-4,435	-735	1,940	101	0	0	-
Net Income (Loss) Attributable to Stockholders
95,649	75,529	37,012	48,502	35,106	-	-	37,773	145,420	9,642	-6,484
Preferred stockholder dividends
8,337	8,337	8,336	0	0	-	-	-	9,482	3,289	3,760
Allocation of earnings to preferred stockholders
-	-	-	-	-	-	-	64	24,260	1,144	-
Net Income (Loss) Attributable to Common Stockholders
87,312	67,192	28,676	48,502	35,106	97,700	75,190	37,608	111,678	5,209	-10,244
Earnings (Loss) per share—Basic (in $ per share)
12.54	9.37	4.09	6.34	3.99	10.75	9.18	4.87	17.98	0.87	-1.76
Earnings (Loss) per Share—Diluted (in $ per share)
11.74	8.86	3.96	6.20	3.92	10.51	8.92	4.66	16.34	0.81	-1.76
Preferred Stock, Dividends Per Share, Declared
-	-	-	0.00	0.00	-	-	-	-	-	-
Common Stock, Dividends, Per Share, Declared
-	-	-	1.80	1.80	1.35	0.00	-	-	-	-
Weighted Average Number of Shares Outstanding, Basic
6,963	7,174	7,013	7,648	8,797	9,091	8,188	7,727	6,211	6,014	5,812
Weighted Average Number of Shares Outstanding, Diluted
8,149	8,527	7,247	7,822	8,960	9,292	8,433	8,073	6,834	6,437	5,812
Investment management fees
Revenues
461,477	437,021	331,075	235,230	264,865	300,663	260,557	187,875	135,063	97,996	79,651
Distribution and service fees
Revenues
40,898	50,715	44,322	48,250	67,066	91,950	78,965	56,866	43,792	29,572	23,227
Administration and shareholder service fees
Revenues
59,884	63,614	48,996	38,261	48,247	56,016	48,185	33,779	23,878	15,324	12,664
Other income and fees
Revenues
987	885	1,214	813	1,799	1,969	1,508	1,566	1,919	1,664	1,610
Consolidated entity excluding consolidated investment products
Other operating expenses
74,363	74,853	69,410	50,274	-	-	-	-	-	-	-
Gain (Loss) on Investments
7,044	-5,217	2,973	4,982	-	-	2,350	1,891	-256	0	-
Interest Expense
19,473	19,445	12,007	679	-	-	-	-	-	-	-
Investment Income, Interest and Dividend
3,844	4,999	2,160	1,743	-	-	664	710	321	659	624
Consolidated Investment Products
Total operating expenses
4,015	3,515	8,531	6,953	-	-	-	-	-	-	-
Gain (Loss) on Investments
-1,202	-21,252	13,553	2,748	-	-	-	-	-	-	-
Interest Expense
92,005	64,788	35,243	11,292	-	-	-	-	-	-	-
Investment Income, Interest and Dividend
115,356	98,356	49,323	20,402	-	-	-	-	-	-	-