| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | ||
|---|---|---|---|---|---|---|
Revenues: | ||||||
Modular leasing | ||||||
744,185 | - | - | - | - | ||
Modular leasing | ||||||
- | 518,235 | 297,821 | 283,550 | 300,212 | ||
Total revenues | ||||||
1,063,665 | 751,412 | 445,942 | 426,612 | 453,335 | ||
Modular leasing | ||||||
213,151 | 143,120 | 83,588 | 75,516 | 80,081 | ||
Modular delivery and installation | ||||||
- | - | - | 75,359 | - | ||
Depreciation of rental equipment | ||||||
174,679 | 121,436 | 72,639 | 68,981 | 78,473 | ||
Gross Profit | ||||||
413,313 | 289,384 | 165,570 | 168,193 | 162,940 | ||
Expenses: | ||||||
Selling, general and administrative | ||||||
271,004 | 254,871 | 162,351 | 139,093 | 139,355 | ||
Other depreciation and amortization | ||||||
12,395 | 13,304 | 8,653 | 9,019 | 22,675 | ||
Impairment losses on goodwill | ||||||
0 | 0 | 60,700 | 5,500 | 0 | ||
Impairment losses on long-lived assets | ||||||
2,848 | 1,600 | 0 | 0 | - | ||
Lease impairment expense and other related charges | ||||||
8,700 | 0 | 0 | - | - | ||
Restructuring costs | ||||||
3,800 | 15,500 | 2,200 | 2,810 | 9,185 | ||
Currency losses (gains), net | ||||||
688 | -2,454 | 12,878 | -13,098 | -11,308 | ||
Other expense (income), net | ||||||
2,200 | 4,574 | -2,827 | -1,831 | -1,189 | ||
Operating income | ||||||
117,525 | 6,261 | -58,322 | -3,190 | -20,772 | ||
Interest expense | ||||||
122,504 | 98,433 | 119,308 | 94,671 | 92,028 | ||
Interest income | ||||||
0 | 0 | 12,232 | 10,228 | 9,778 | ||
Loss on extinguishment of debt | ||||||
-8,755 | 0 | 0 | - | - | ||
Loss from operations before income tax | ||||||
-13,734 | -92,172 | -165,398 | -87,633 | -103,022 | ||
Income tax expense | ||||||
-2,191 | -38,600 | -936 | -24,502 | -34,069 | ||
Loss from continuing operations | ||||||
-11,543 | -53,572 | -164,462 | -63,131 | -68,953 | ||
Income from discontinued operations, net of tax | ||||||
0 | 0 | 14,650 | 32,195 | -2,634 | ||
Net loss | ||||||
-11,543 | -53,572 | -149,812 | -30,936 | -71,587 | ||
Net loss attributable to non-controlling interest, net of tax | ||||||
-421 | -4,532 | -2,110 | 0 | 0 | ||
Net loss attributable to WillScot | ||||||
-11,122 | -49,040 | -147,702 | -30,936 | -71,587 | ||
Non-cash deemed dividend related to warrant exchange | ||||||
0 | 2,135 | 0 | 0 | - | ||
Net loss attributable to WillScot common shareholders | ||||||
-11,122 | -51,175 | -147,702 | -30,936 | - | ||
(Loss) income per share attributable to WillScot common shareholders - basic and diluted | ||||||
Net loss per share attributable to WillScot common shareholders (in USD per share) | ||||||
-0.10 | -0.59 | -8.21 | -4.34 | -4.74 | ||
Income per share attributable to discontinued operations (in USD per share) | ||||||
0.00 | 0.00 | 0.74 | 2.21 | -0.18 | ||
Net income (loss) per share attributable to WSC diluted | ||||||
Net loss per share attributable to WillScot - basic and diluted (in USD per share) | ||||||
-0.10 | -0.59 | -7.47 | -2.13 | -4.92 | ||
Weighted average shares: | ||||||
Weighted average shares - basic and diluted (in shares) | ||||||
108,683 | 87,209 | 19,760 | 14,545 | 14,545 | ||
Cash dividends declared per share (in USD per share) | ||||||
- | - | - | - | 0.00 | ||
Modular delivery and installation | ||||||
Revenues | ||||||
220,057 | 154,557 | 89,850 | 81,892 | 83,103 | ||
Cost of sales | ||||||
194,107 | 143,950 | 85,477 | 75,359 | 77,960 | ||
New units | ||||||
Revenues | ||||||
59,085 | 53,603 | 36,371 | 39,228 | - | ||
Cost of sales | ||||||
42,160 | 36,863 | 26,025 | 27,669 | - | ||
Rental units | ||||||
Revenues | ||||||
40,338 | 25,017 | 21,900 | 21,942 | - | ||
Cost of sales | ||||||
26,255 | 16,659 | 12,643 | 10,894 | - | ||