Xenia hotels & resorts, inc. (XHR)
Income statement / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14
Revenues:
Revenues

1,070,753

1,149,087

1,142,566

1,114,624

1,087,396

1,058,207

1,041,680

1,023,980

991,315

945,277

905,942

916,599

933,585

950,160

978,953

993,460

983,305

976,144

957,488

940,126

936,015

926,666

0

0

0

Expenses:
Total hotel operating expenses

747,826

772,857

763,545

739,366

714,272

689,762

678,259

658,885

634,608

603,700

572,390

571,905

580,264

592,981

610,032

622,580

619,496

610,656

602,173

594,294

594,614

593,303

0

0

0

Depreciation and amortization

152,219

155,128

159,914

160,124

159,037

157,838

159,067

157,277

155,300

152,977

147,948

148,252

149,945

152,418

152,980

153,002

150,573

148,009

145,670

143,687

144,310

141,807

0

0

0

Ground lease expense

4,067

4,403

4,393

4,442

4,425

4,900

5,448

5,721

5,989

5,800

5,514

5,477

5,470

5,447

5,446

5,362

5,282

5,204

5,314

5,600

5,762

5,541

0

0

0

Real estate taxes, personal property taxes and insurance

50,800

50,184

51,358

49,679

48,921

47,721

47,432

45,932

44,809

44,310

43,581

45,729

45,575

46,248

47,609

48,294

49,557

49,717

48,938

47,060

46,000

44,625

0

0

0

General and administrative expenses

31,308

30,732

30,580

30,148

29,975

30,460

30,918

31,257

31,228

31,552

29,351

29,304

29,134

31,374

31,263

29,448

28,721

25,142

34,015

39,131

40,481

38,895

0

0

0

Gain on business interruption insurance

-

-

0

0

-

-

0

0

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

Acquisition, terminated transaction and pre-opening expenses

-

-

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Business management fees

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,474

0

0

0

Acquisition and terminated transaction costs

-

-

-

0

-

-

-

0

-

-

0

0

-

154

-201

4,307

5,157

5,046

5,439

947

101

1,192

0

0

0

Pre-opening and hotel rebranding expenses

-

-

-

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

0

-

-

-

0

-

-

Impairment and other losses

40,539

24,171

14,771

14,771

0

-

0

0

-

-

-

-

-

10,035

10,005

9,990

7,594

0

713

2,380

2,380

5,378

0

0

0

Separation and other start-up related expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

26,887

26,887

26,461

25,296

0

0

0

0

Total expenses

1,026,890

1,037,606

1,023,039

996,120

952,332

926,383

918,148

898,706

875,255

841,660

802,464

801,980

812,843

838,657

857,720

874,820

869,382

872,072

869,974

859,560

858,944

832,215

0

0

0

Operating (loss) income

43,863

111,481

119,527

118,504

135,064

131,824

123,532

125,274

116,060

103,617

103,478

114,619

120,742

111,503

121,233

118,640

113,923

104,072

87,514

80,566

77,071

94,451

0

0

0

(Loss) gain on sale of investment properties

-

-

81,247

81,247

-

123,540

42,294

43,864

93,031

50,747

80,150

78,579

29,313

30,195

43,806

43,807

43,897

43,015

-96

866

0

-

0

0

-

Other income

927

895

859

612

870

1,162

930

1,348

1,088

853

3,227

3,537

3,445

3,377

2,443

2,377

2,313

4,916

4,598

3,986

2,886

324

0

0

0

Interest expense

49,042

48,605

49,990

49,599

50,272

51,402

52,071

51,768

49,861

46,294

42,994

43,768

45,423

48,113

50,105

50,228

50,475

50,816

52,620

54,498

56,160

57,427

0

0

0

Loss on extinguishment of debt

-1

-214

-347

-347

-731

-599

-465

-465

-355

-274

-408

-652

-413

-5,155

-10,499

-10,255

-10,398

-5,761

-396

0

0

-

0

-

-

Equity in losses and gain on consolidation of unconsolidated entity, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,216

0

0

0

Net (loss) income before income taxes

-5,200

62,610

151,296

150,417

166,187

204,525

114,220

118,253

159,963

108,649

143,453

152,315

107,664

91,807

106,878

104,341

99,260

95,426

37,436

27,789

22,640

40,544

0

0

0

Income tax benefit (expense)

-8,033

5,367

7,629

8,029

7,429

5,993

8,427

10,042

10,331

7,833

3,134

3,332

3,538

5,077

7,564

7,611

4,921

6,295

8,422

10,424

9,025

5,865

0

0

0

Net income from continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

89,131

29,014

17,365

13,615

34,679

0

0

0

Net loss from discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-489

72,818

76,115

78,999

75,120

0

0

0

Net (loss) income

2,837

57,243

143,784

142,448

158,765

198,532

105,732

108,165

149,632

100,816

140,319

148,983

104,126

86,730

99,314

96,730

94,339

88,642

101,832

93,480

92,614

109,799

0

0

0

Non-controlling interests in consolidated real estate entities

-

-

-

-

-

-

-

-

-206

-

-139

-93

-176

-268

-460

-376

0

-

0

0

-

-

-

-

-

Non-controlling interests of Common Units in Operating Partnership

-

-

-

-

-

-

-

-

3,433

-

2,529

2,543

1,419

1,143

517

247

0

-

0

0

-

-

-

-

-

Net loss (income) attributable to non-controlling interests (Note 1)

278

1,843

3,995

3,730

4,030

4,844

2,345

2,384

3,227

1,954

2,390

2,450

1,243

875

440

0

-370

-116

-248

3

0

-

0

0

-

Net Income (Loss) Attributable to Parent

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

0

0

-

Distributions to preferred stockholders

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

0

0

-

Net (loss) income attributable to common stockholders

0

-

139,789

138,718

0

-

103,387

105,781

146,405

-

137,929

146,533

102,883

85,855

98,874

96,726

94,697

88,746

36,462

41,252

0

-

0

0

-

Basic and diluted earnings per share
Income from continuing operations available to common stockholders (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.55

0.16

0.21

-0.13

-

0.05

-

-

Income from discontinued operations available to common stockholders (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.00

0.00

0.00

0.00

-

0.03

-

-

Net income per share available to common stockholders - basic and diluted (in dollars per share)

-0.32

0.14

0.09

0.11

0.15

0.89

0.08

0.26

0.52

0.09

0.11

0.65

0.07

0.44

0.19

0.24

-0.08

0.55

0.16

0.21

-0.13

-

0.08

-

0.02

Income from continuing operations available to common stockholders

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.18

-

Income (loss) from discontinued operations available to common stockholders

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.02

-

Net income per share available to common stockholders (basic)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.20

-

Weighted average number of common shares, basic (in shares)

112,984

112,642

112,641

112,641

112,619

112,660

112,086

108,956

106,792

106,727

106,727

106,769

106,844

106,843

107,538

107,936

109,732

-

111,694

111,676

-

-

113,397

113,397

-

Diluted earnings per share
Income from continuing operations available to common stockholders

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.18

-

Income (loss) from discontinued operations available to common stockholders

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.02

-

Net income per share available to common stockholders (diluted)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.20

-

Weighted average number of common shares, diluted (in shares)

112,984

112,918

112,932

112,915

112,907

112,919

112,361

109,220

107,010

107,013

106,995

107,005

107,061

107,113

107,677

108,048

109,732

-

111,885

111,914

-

-

113,397

113,397

-

Weighted Average Number of Shares Outstanding, Basic and Diluted (in shares)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

112,964

-

-

-

113,397

Comprehensive (Loss) Income:
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest

2,837

57,243

143,784

142,448

158,765

198,532

107,675

169,339

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

Other comprehensive (loss) income:
Unrealized loss on interest rate derivative instruments

-26,437

-14,401

-27,065

-22,050

-8,956

4,944

20,624

17,519

11,061

3,388

12,030

13,650

11,179

-322

-12,739

-14,101

-8,815

1,543

0

0

0

-

-

-

-

Reclassification adjustment for amounts recognized in net (loss) income (interest expense)

1,688

3,510

4,690

4,767

4,185

2,826

-1,150

-1,617

-1,530

-2,396

-671

-2,055

-3,721

-3,833

-2,869

-1,897

0

-

0

0

-

-

-

-

-

Comprehensive income including portion attributable to noncontrolling interest

-25,288

39,332

112,029

115,631

145,624

200,650

125,296

125,915

162,223

106,600

155,230

166,074

119,026

90,241

89,444

84,526

86,448

90,185

0

0

0

-

-

-

-

Comprehensive (income) loss attributable to non-controlling interests:
Non-controlling interests in consolidated real estate entities

-

-

-

-

-

-

-

-

-206

-

-139

-93

-176

-268

-460

-376

0

-

0

0

-

-

-

-

-

Non-controlling interests of Common Units in Operating Partnership

-

-

-

-

-

-

-

-

3,746

-

2,703

2,744

1,607

1,188

387

87

0

-

0

0

-

-

-

-

-

Comprehensive loss (income) attributable to non-controlling interests (Note 1)

-565

1,270

3,019

2,903

3,632

4,897

2,828

2,819

3,540

2,070

2,564

2,651

1,431

920

310

-160

-474

-116

0

0

0

-

-

-

-

Comprehensive (loss) income attributable to the Company

-24,685

38,100

109,057

112,775

142,039

195,800

122,438

123,066

158,653

104,500

152,666

163,423

117,595

89,321

89,134

84,686

86,922

90,301

0

0

0

-

-

-

-

Rooms
Revenues

639,859

686,485

688,231

676,460

668,256

659,697

656,448

652,417

641,462

623,331

608,844

622,968

639,077

653,944

668,831

677,637

669,452

663,224

652,655

641,044

638,509

631,901

0

0

0

Expenses

157,273

162,853

162,636

159,861

156,328

154,716

153,338

150,758

147,975

142,561

138,644

140,071

142,905

146,050

148,928

150,915

150,080

148,492

145,727

143,041

142,171

140,128

0

0

0

Food and Beverage
Revenues

352,297

382,031

376,395

365,749

352,771

335,723

323,960

311,434

291,567

266,977

246,025

245,059

244,836

246,479

258,813

261,626

260,251

259,036

249,395

242,934

239,707

235,066

0

0

0

Expenses

237,045

247,487

243,453

235,227

225,374

214,935

207,429

198,806

187,076

173,285

160,713

158,439

158,650

161,699

167,509

170,584

169,886

167,840

163,799

159,992

159,313

158,243

0

0

0

Other
Revenues

78,597

80,571

77,940

72,415

66,369

62,787

61,272

60,129

58,286

54,969

51,073

48,572

49,672

49,737

51,309

54,197

53,602

53,884

55,438

56,148

57,799

59,699

0

0

0

Management and Franchise
Expenses

41,500

46,500

46,228

46,095

46,340

45,600

45,473

44,407

43,682

43,500

42,611

44,677

46,735

47,605

49,631

50,777

50,615

49,818

49,990

50,583

51,249

52,104

0

0

0

Hotel, Other Direct
Other direct expenses

28,351

30,076

28,472

25,505

22,320

19,677

18,485

17,317

15,905

14,438

13,028

11,107

11,890

12,848

14,280

17,385

17,684

17,984

18,750

20,731

24,663

28,556

0

0

0

Hotel, Other Indirect
Other direct expenses

283,615

285,920

282,794

272,716

263,948

254,881

253,575

247,638

240,011

229,957

217,394

217,611

220,084

224,779

229,684

232,919

231,231

226,522

223,907

219,947

217,218

214,272

0

0

0