Willscot corp (WSC)
Income statement / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15
Revenues:
Modular leasing

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Modular leasing

-

-

735,089

685,455

-

518,235

420,731

354,391

326,096

297,821

0

0

0

-

-

-

-

-

-

Total revenues

1,065,801

1,063,665

1,049,554

996,138

870,346

751,412

614,390

511,628

481,372

445,942

428,615

423,064

423,265

426,612

323,557

212,946

0

0

0

Costs:
Modular leasing

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Modular leasing

-

-

210,090

191,137

-

143,120

115,400

97,437

91,648

83,588

0

0

0

-

-

-

-

-

-

Depreciation of rental equipment

179,524

174,679

167,527

159,192

138,694

121,436

102,285

85,760

79,764

72,639

0

0

0

-

-

-

-

-

-

Gross Profit

416,172

413,313

413,530

391,050

341,794

289,384

233,287

193,610

178,553

165,570

157,097

158,375

165,751

168,193

0

0

0

-

-

Expenses:
Selling, general and administrative

272,653

271,004

303,127

306,865

282,976

254,871

226,686

190,886

174,804

162,351

0

0

0

-

-

-

-

-

-

Other depreciation and amortization

12,685

12,395

15,236

15,249

13,652

13,304

10,643

8,828

9,148

8,653

0

0

0

-

-

-

-

-

-

Impairment losses on goodwill

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

Impairment losses on long-lived assets

558

2,848

6,676

6,676

3,890

1,600

0

0

0

-

-

-

-

-

-

-

-

-

-

Lease impairment expense and other related charges

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Restructuring costs

2,084

3,800

13,072

17,229

16,528

15,500

7,290

2,309

2,544

2,200

0

0

0

-

-

-

-

-

-

Currency losses (gains), net

-526

688

-847

-188

-1,114

-2,454

-1,062

2,783

9,852

12,878

0

0

0

-

-

-

-

-

-

Other expense (income), net

973

2,200

2,854

2,395

2,680

4,574

3,778

2,183

148

-2,827

0

0

0

-

-

-

-

-

-

General and administrative expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

Operating income

121,434

117,525

74,373

44,185

23,261

6,261

-69,355

-64,186

-58,682

-58,322

5,551

7,196

1,827

-3,190

12,756

5,720

0

0

0

Interest expense

119,646

122,504

125,608

138,198

117,829

98,433

101,955

88,614

106,366

119,308

0

0

0

-

-

-

-

-

-

Interest income

-

-

-

-

-

-

-

-

-

12,232

19,152

0

0

-

-

-

-

0

0

Loss on extinguishment of debt

-

-

0

0

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

Loss from operations before income tax

-6,967

-13,734

-58,479

-101,257

-94,568

-92,172

-168,830

-146,661

-155,400

-165,398

0

0

0

-

-

-

-

-

-

Income tax expense

-1,791

-2,191

-27,100

-32,400

-37,800

-38,600

3,302

2,202

3,533

-936

0

0

0

-

-

-

-

-

-

Loss from continuing operations

-

-

-

-

-

-

-

-

-

-164,462

0

0

0

-

-

-

-

-

-

Income from discontinued operations, net of tax

-

-

-

-

-

-

-

-

-

14,650

15,988

21,636

25,708

32,195

0

0

0

-

-

Net loss

-5,188

-11,543

-31,429

-68,920

-56,766

-53,572

-168,565

-140,193

-146,468

-149,812

-49,715

-39,033

-34,070

-30,936

0

0

0

-

-

Net loss attributable to non-controlling interest, net of tax

207

-421

-2,164

-5,647

-4,642

-4,532

-5,825

-2,615

-2,758

-2,110

0

0

0

-

-

-

-

-

-

Net loss attributable to WillScot

-5,395

-11,122

-29,265

-63,273

-52,124

-49,040

-162,740

-137,578

-143,710

-147,702

-49,715

-39,033

-34,070

-30,936

-5,664

-7,998

0

0

0

Net income (loss) per share attributable to WSC basic
Net income (loss) per share attributable to WillScot- basic (in USD per share)

-

-

0.00

-0.10

-

-

-0.37

0.00

-

-

-

-0.67

-

-

-

-

-

-

-

Discontinued operations - basic (in USD per share)

-

-

-

-

-

-

-

-

-

-

-

0.26

-

-

-

-

-

-

-

(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)

-

-

-

-

-

-

-

-

-

-

-0.92

-

-0.85

-2.07

-0.58

-0.60

-1.08

-

-

Discontinued operations (in USD per share)

-

-

-

-

-

-

-

-

-

-

0.35

-

-

-

-

-

-

-

-

Income per share attributable to discontinued operations (in USD per share)

-

-

-

-

-

-

-

-

-

-

-

-

0.15

0.33

0.74

0.54

0.60

-

-

Net (loss) income per share - basic (in USD per share)

-

-

-

-

-

-

-

-

-

-

-

-0.41

-

-

-

-

-

0.00

0.00

Net income (loss) per share attributable to WSC diluted
Net income (loss) per share attributable to WillScot - diluted (in USD per share)

-

-

0.00

-0.10

-

-

-0.37

0.00

-

-

-

-0.67

-

-

-

-

-

-

-

Discontinued operations - diluted (in USD per share)

-

-

-

-

-

-

-

-

-

-

-

0.26

-

-

-

-

-

-

-

Net (loss) income per share - diluted (in USD per share)

-

-

-

-

-

-

-

-

-

-

-

-0.41

-

-

-

-

-

0.00

0.00

Net loss per share attributable to WillScot - basic and diluted (in USD per share)

-0.03

-

-

-

-0.09

-

-

-

-0.08

-

-0.57

-

-0.70

-1.74

0.16

-0.06

-0.48

-

-

Weighted average shares:
Weighted average shares - basic (in shares)

-

-

108,720

108,693

-

-

90,726

78,432

-

-

-

14,545

-

-

-

-

-

13,347

14,318

Weighted average shares - diluted (in shares)

-

-

112,043

108,693

-

-

90,726

82,180

-

-

-

14,545

-

-

-

-

-

13,347

14,318

Weighted average shares - basic and diluted (in shares)

109,656

-

-

-

108,523

-

-

-

77,189

-

14,545

-

14,545

14,545

14,545

14,545

14,545

-

-

Receipts from issuance of common stock

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash dividends declared per share (in USD per share)

-

-

-

-

-

-

-

-

-

-

0.00

0.00

0.00

-

-

-

-

-

-

Modular delivery and installation
Revenues

221,127

220,057

218,479

203,373

178,307

154,557

127,710

105,560

97,096

89,850

0

0

0

-

-

-

-

-

-

Cost of sales

194,629

194,107

192,087

180,113

161,772

143,950

119,111

100,653

92,865

85,477

0

0

0

-

-

-

-

-

-

New units
Revenues

0

59,085

58,020

67,404

0

53,603

45,464

34,153

38,313

36,371

0

0

0

-

-

-

-

-

-

Cost of sales

37,485

42,160

39,381

47,049

42,754

36,863

32,403

24,230

27,292

26,025

0

0

0

-

-

-

-

-

-

Rental units
Revenues

0

40,338

38,896

40,836

0

25,017

20,485

17,524

19,867

21,900

0

0

0

-

-

-

-

-

-

Cost of sales

22,266

26,255

26,939

27,597

22,139

16,659

11,904

9,938

11,250

12,643

0

0

0

-

-

-

-

-

-