PICO Holdings

Fundamentals - Annual Income Statement

  Year Ending Dec 2016 (Update) Year Ending Dec 2015 (Update) Year Ending Dec 2014 (Restated) Year Ending Dec 2013 (Restated) Year Ending Dec 2012 (Reclassified)
Net Sales 364.75 287.36 193.57 160.18 150.08
Revenue 364.75 287.36 193.57 160.18 150.08
Total Revenue 364.75 287.36 193.57 160.18 150.08
Cost of Revenue 290.74 227.72 158.20 90.49 126.97
Cost of Revenue, Total 290.74 227.72 158.20 90.49 126.97
Gross Profit 74.01 59.64 35.37 69.69 23.11
Selling/General/Administrative Expense 81.34 64.60 64.89 66.70
Selling/General/Administrative Expenses, Total 81.34 64.60 64.89 66.70
Depreciation 1.50 2.21 3.05 2.62 1.97
Depreciation/Amortization 1.50 2.21 3.05 2.62 1.97
Impairment-Assets Held for Use 7.01 3.28 13.08 1.41
Impairment-Assets Held for Sale 2.17 20.70 1.08
Unusual Expense (Income) 9.18 23.98 14.16 1.41
Other, Net 46.57
Other Operating Expenses, Total 46.57
Total Operating Expense 382.75 318.51 240.31 161.21 175.51
Operating Income -18.00 -31.15 -46.74 -1.03 -25.43
Interest Expense - Non-Operating -0.23 -1.14 -4.15
Interest Expense, Net Non-Operating -0.23 -1.14 -4.15
Interest Income (Expense), Net-Non-Operating, Total -0.23 -1.14 -4.15
Net Income Before Taxes -18.00 -31.15 -46.97 -2.17 -29.58
Income Tax – Total -6.35 -2.96 -3.51 3.20 -1.07
Income After Tax -11.65 -28.19 -43.46 -5.36 -28.51
Minority Interest -8.84 -0.98 7.18 6.90 2.58
Equity In Affiliates -3.42 -2.08 -0.57 --
Net Income Before Extraordinary Items -20.49 -32.59 -38.35 0.97 -25.93
Discontinued Operations -1.38 -49.27 -14.07 -23.27 -3.14
Total Extraordinary Items -1.38 -49.27 -14.07 -23.27 -3.14
Net Income -21.87 -81.86 -52.43 -22.30 -29.07
Income Available to Common Excluding Extraordinary Items -20.49 -32.59 -38.35 0.97 -25.93
Income Available to Common Stocks Including Extraordinary Items -21.87 -81.86 -52.43 -22.30 -29.07
Basic Weighted Average Shares 23.05 23.01 22.80 22.74 22.76
Basic EPS Excluding Extraordinary Items -0.89 -1.42 -1.68 0.04 -1.14
Basic EPS Including Extraordinary Items -0.95 -3.56 -2.30 -0.98 -1.28
Dilution Adjustment --
Diluted Net Income -21.87 -81.86 -52.43 -22.30 -29.07
Diluted Weighted Average Shares 23.05 23.01 22.80 22.74 22.76
Diluted EPS Excluding Extraordinary Items -0.89 -1.42 -1.68 0.04 -1.14
Diluted EPS Including Extraordinary Items -0.95 -3.56 -2.30 -0.98 -1.28
DPS - Common Stock Primary Issue -- -- -- --
Gross Dividends - Common Stock -- -- -- -- --
Stock-Based Compensation, Supplemental 4.01 3.62 7.07 5.98 3.87
Interest Expense, Supplemental 0.23 1.14 4.15
Interest Capitalized, Supplemental -12.50 -11.60 -3.80 -2.90 -4.40
Depreciation, Supplemental 1.50 2.21 3.05 2.62 1.97
Total Special Items 9.18 23.98 14.16 1.41
Normalized Income Before Taxes -8.82 -7.17 -32.81 -0.76 -29.58
Effect of Special Items on Income Taxes 3.21 8.39 4.96 0.49
Income Taxes Excluding Impact of Special Items -3.14 5.43 1.44 3.69 -1.07
Normalized Income After Taxes -5.68 -12.60 -34.25 -4.45 -28.51
Normalized Income Available to Common -14.52 -17.00 -29.15 1.88 -25.93
Basic Normalized EPS -0.63 -0.74 -1.28 0.08 -1.14
Diluted Normalized EPS -0.63 -0.74 -1.28 0.08 -1.14
Rental Expense, Supplemental 2.10 1.80 1.60 1.60 0.83
Equity in Affiliates, Supplemental -3.42 -2.08 -0.57 --
Minority Interest, Supplemental -8.84 -0.98 7.18 6.90 2.58
Audit-Related Fees, Supplemental 1.34 1.82 1.98 1.01
Audit-Related Fees 0.14 0.00 0.14 0.08
Tax Fees, Supplemental 0.37 0.39 0.45 0.35
All Other Fees Paid to Auditor, Supplemental
Gross Margin 20.29 20.76 18.27 43.51 15.40
Operating Margin -4.94 -10.84 -24.15 -0.64 -16.94
Pretax Margin -4.94 -10.84 -24.27 -1.35 -19.71
Effective Tax Rate
Net Profit Margin -5.62 -11.34 -19.81 0.60 -17.28
Normalized EBIT -8.82 -7.17 -32.58 0.38 -25.43
Normalized EBITDA -7.33 -4.96 -29.53 3.00 -23.46
Current Tax - Domestic -0.94
Current Tax - Foreign
Current Tax - Total 0.05 -0.05 -0.20 0.33
Current Tax - Total 0.05 -0.05 -0.20 0.33 -0.94
Deferred Tax - Domestic -6.40 -2.91 -0.13
Deferred Tax - Foreign
Deferred Tax - Total -3.32 2.87
Deferred Tax - Total -6.40 -2.91 -3.32 2.87 -0.13
Income Tax - Total -6.35 -2.96 -3.51 3.20 -1.07
Defined Contribution Expense - Domestic 0.77
Total Pension Expense 0.77
For a more complete picture of our financial results, please review our SEC Filings

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