Worldpay, Inc. WP Income Statement

Worldpay, inc. (WP)

Income statement / Quarterly

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	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11
External customers
-	-	-	-	-	-	-	-	-	-	-	897,800	870,158	797,571	832,022	795,544	765,564	686,376	713,405	677,073	588,109	518,312	537,939	512,437	499,146	479,159	475,123	447,126	450,250	414,620	421,776	391,916	384,785	354,592
Related party revenues
-	-	-	-	-	-	-	-	-	-	-	16,219	21,059	21,052	20,312	20,454	20,431	19,235	20,380	20,036	20,622	19,266	20,416	19,910	20,263	18,807	18,969	19,610	19,372	18,169	17,271	17,448	17,779	16,854
Revenues
1,073,000	970,000	1,050,000	1,017,900	1,006,800	850,700	1,065,746	1,033,700	998,700	928,200	955,141	914,019	891,217	818,623	852,334	815,998	785,995	705,611	733,785	697,109	608,731	537,578	558,355	532,347	519,409	497,966	494,092	466,736	469,622	432,789	439,047	409,364	402,564	371,446
Revenue, including Network Fees and Other Costs
-	-	-	1,715,700	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Network fees and other costs(1)
-	-	0	0	-	-	496,807	479,500	468,700	458,100	452,690	423,361	410,736	387,413	399,159	385,548	362,349	331,146	331,635	316,592	277,392	249,046	249,733	238,141	222,502	225,065	222,906	208,239	209,244	200,208	196,359	192,466	185,694	182,216
Sales and marketing
304,000	290,900	286,500	295,800	283,400	266,000	172,424	173,800	168,300	155,000	148,570	153,248	144,844	135,638	132,488	132,481	122,925	116,055	116,169	111,233	90,507	78,444	80,081	79,551	76,436	75,976	68,042	69,313	70,532	72,757	64,633	56,495	59,570	56,219
Other operating costs
173,500	181,000	182,600	174,800	185,500	155,100	84,318	79,400	79,000	75,900	74,736	72,162	73,599	73,703	72,213	66,563	76,551	68,739	64,657	60,659	56,754	60,369	52,462	48,340	49,268	50,560	38,572	40,376	40,417	39,009	35,672	35,028	34,980	37,740
General and administrative
105,600	127,400	134,500	140,700	136,800	250,100	105,469	49,600	50,700	89,300	55,869	40,727	49,120	43,984	45,974	41,492	47,060	47,843	47,406	45,422	48,552	32,606	33,257	27,489	29,862	31,099	31,844	28,600	29,190	28,597	18,367	18,896	28,224	21,383
Depreciation and amortization
253,400	264,400	271,000	328,900	287,900	207,200	81,529	82,500	78,400	76,100	70,550	66,086	65,234	68,230	70,843	70,638	67,659	67,802	70,893	65,289	89,041	49,846	49,025	48,604	44,528	43,296	41,358	40,618	39,667	38,895	39,559	40,066	39,001	36,700
Income (loss) from operations
236,500	106,300	175,400	77,700	113,200	-27,700	125,199	168,900	153,600	73,800	152,726	158,435	147,684	109,655	131,657	119,276	109,451	74,026	103,025	97,914	46,485	67,267	93,797	90,222	96,813	71,970	91,370	79,590	80,572	53,323	84,457	66,413	55,095	37,188
Interest expense—net
-69,200	-72,100	-74,600	-75,200	-79,900	-75,200	-43,200	-38,500	-29,700	-29,200	-28,179	-27,474	-26,118	-27,729	-26,967	-27,044	-25,714	-26,011	-27,612	-28,039	-13,496	-10,554	-10,585	-10,724	-9,899	-9,694	-9,897	-10,056	-10,169	-24,450	-25,764	-26,198	-28,952	-30,621
Non-operating income (expense)
-4,200	3,500	-7,700	-3,500	-22,000	-8,600	419,100	21,200	-3,400	-4,100	-21,351	-4,633	-4,664	-5,652	-7,469	-8,308	-6,725	-8,766	34,427	-6,594	-27,656	0	-	0	-20,000	-	0	0	-836	-91,836	-	0	-13,799	-
Income (loss) before applicable income taxes
163,100	37,700	93,100	-1,000	11,300	-111,500	501,100	151,600	120,500	40,500	103,196	126,328	116,902	76,274	97,221	83,924	77,012	39,249	109,840	63,281	5,333	56,713	83,212	79,498	66,914	62,276	81,473	69,534	69,567	-62,963	57,993	40,215	12,344	6,567
Income tax expense (benefit)
18,600	-400	-22,700	-4,600	12,800	-13,200	547,500	44,700	33,600	5,200	40,209	39,324	38,441	23,826	26,829	24,776	24,319	12,253	28,099	20,436	2,020	15,622	20,110	24,893	20,946	17,811	24,004	20,895	21,989	-20,035	18,226	11,532	683	1,868
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
144,500	38,100	115,800	3,600	-1,500	-98,300	-46,368	106,900	86,900	35,300	62,987	87,004	78,461	52,448	70,392	59,148	52,693	26,996	81,741	42,845	3,313	41,091	63,102	54,605	45,968	44,465	57,469	48,639	47,578	-42,928	39,767	28,683	11,661	4,699
Less: Net income attributable to non-controlling interests
1,200	1,700	5,300	800	1,400	-700	13,300	14,800	18,100	6,400	15,148	20,708	19,134	12,710	19,463	17,656	16,157	8,007	13,162	12,859	4,722	12,955	20,268	18,894	17,060	18,346	28,715	24,375	24,622	-24,564	24,054	17,035	6,281	1,200
Net income (loss) attributable to Worldpay, Inc.
143,300	36,400	110,500	2,800	-2,900	-97,600	-59,670	92,100	68,800	28,900	47,839	66,296	59,327	39,738	50,929	41,492	36,536	18,989	68,579	29,986	-1,409	28,136	42,834	35,711	28,908	26,119	28,754	24,264	22,956	-18,364	15,713	11,648	5,380	3,499
Net income (loss) per share attributable to Worldpay, Inc. Class A common stock:
Shares used in computing net income (loss) per share of Class A common stock:
Retained Earnings
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
143,300	36,400	-	2,800	-2,900	-97,600	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Class A Common Stock
Basic (in dollars per share)
0.46	0.12	0.37	0.01	-0.01	-0.36	-0.37	0.57	0.43	0.18	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.20	-	-	-	0.04
Diluted (in dollars per share)
0.46	0.12	0.36	0.01	-0.01	-0.36	-0.37	0.57	0.42	0.17	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.38	-	-	-	0.04
Basic (in shares)
311,029	302,046	300,428	301,240	296,204	274,098	161,563	161,465	161,266	160,876	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	93,018	-	-	-	89,515
Diluted (in shares)
313,083	303,876	296,672	313,881	296,204	274,098	128,338	162,882	162,510	197,496	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	102,377	-	-	-	89,515