PICO Holdings

Fundamentals - Annual Income Statement

  Year Ending Dec 2017 (Update) Year Ending Dec 2016 (Restated) Year Ending Dec 2015 (Restated) Year Ending Dec 2014 (Restated) Year Ending Dec 2013 (Restated)
Net Sales 36.28 10.10 8.33 193.57 160.18
Revenue 36.28 10.10 8.33 193.57 160.18
Total Revenue 36.28 10.10 8.33 193.57 160.18
Cost of Revenue 13.22 0.33 1.24 158.20 90.49
Cost of Revenue, Total 13.22 0.33 1.24 158.20 90.49
Gross Profit 23.06 9.78 7.09 35.37 69.69
Selling/General/Administrative Expense 12.41 32.83 20.03 64.89 66.70
Selling/General/Administrative Expenses, Total 12.41 32.83 20.03 64.89 66.70
Depreciation 0.31 0.87 1.66 3.05 2.62
Depreciation/Amortization 0.31 0.87 1.66 3.05 2.62
Impairment-Assets Held for Use 0.20 2.09 13.08 1.41
Impairment-Assets Held for Sale 2.17 20.70 1.08
Unusual Expense (Income) 2.37 22.78 14.16 1.41
Other, Net
Other Operating Expenses, Total
Total Operating Expense 25.94 36.39 45.71 240.31 161.21
Operating Income 10.34 -26.29 -37.38 -46.74 -1.03
Interest Expense - Non-Operating -0.23 -1.14
Interest Expense, Net Non-Operating -0.23 -1.14
Interest Income (Expense), Net-Non-Operating, Total -0.23 -1.14
Net Income Before Taxes 10.34 -26.29 -37.38 -46.97 -2.17
Income Tax – Total 38.65 -1.14 -2.96 -3.51 3.20
Income After Tax -28.31 -25.15 -34.42 -43.46 -5.36
Minority Interest -1.15 -8.84 -0.98 7.18 6.90
Equity In Affiliates -3.42 -2.08 -0.57
Net Income Before Extraordinary Items -29.46 -33.99 -38.82 -38.35 0.97
Discontinued Operations -5.65 12.12 -43.04 -14.07 -23.27
Extraordinary Item 35.57
Total Extraordinary Items 29.93 12.12 -43.04 -14.07 -23.27
Net Income 0.46 -21.87 -81.86 -52.43 -22.30
Income Available to Common Excluding Extraordinary Items -29.46 -33.99 -38.82 -38.35 0.97
Income Available to Common Stocks Including Extraordinary Items 0.46 -21.87 -81.86 -52.43 -22.30
Basic Weighted Average Shares 23.12 23.05 23.01 22.80 22.74
Basic EPS Excluding Extraordinary Items -1.27 -1.47 -1.69 -1.68 0.04
Basic EPS Including Extraordinary Items 0.02 -0.95 -3.56 -2.30 -0.98
Dilution Adjustment
Diluted Net Income 0.46 -21.87 -81.86 -52.43 -22.30
Diluted Weighted Average Shares 23.12 23.05 23.01 22.80 22.74
Diluted EPS Excluding Extraordinary Items -1.27 -1.47 -1.69 -1.68 0.04
Diluted EPS Including Extraordinary Items 0.02 -0.95 -3.56 -2.30 -0.98
DPS - Common Stock Primary Issue -- -- --
Gross Dividends - Common Stock 115.90 -- -- -- --
Total Special Items 2.37 22.78 14.16 1.41
Normalized Income Before Taxes 10.34 -23.92 -14.60 -32.81 -0.76
Effect of Special Items on Income Taxes 0.83 7.97 4.96 0.49
Income Taxes Excluding Impact of Special Items 38.65 -0.31 5.01 1.44 3.69
Normalized Income After Taxes -28.31 -23.61 -19.61 -34.25 -4.45
Normalized Income Available to Common -29.46 -32.45 -24.01 -29.15 1.88
Basic Normalized EPS -1.27 -1.41 -1.04 -1.28 0.08
Diluted Normalized EPS -1.27 -1.41 -1.04 -1.28 0.08
Depreciation, Supplemental 0.31 0.90 1.66 3.05 2.62
Interest Expense, Supplemental 0.23 1.14
Interest Capitalized, Supplemental -3.80 -2.90
Rental Expense, Supplemental 0.39 0.70 0.57 1.60 1.60
Stock-Based Compensation, Supplemental 1.30 2.85 1.91 7.07 5.98
Equity in Affiliates, Supplemental -3.42 -2.08 -0.57
Minority Interest, Supplemental -1.15 -8.84 -0.98 7.18 6.90
Audit-Related Fees, Supplemental 0.64 1.34 1.98
Audit-Related Fees 0.03 0.14 0.14
Tax Fees, Supplemental 0.15 0.37 0.45
All Other Fees Paid to Auditor, Supplemental
Gross Margin 63.57 96.77 85.12 18.27 43.51
Operating Margin 28.51 -260.17 -448.85 -24.15 -0.64
Pretax Margin 28.51 -260.17 -448.85 -24.27 -1.35
Effective Tax Rate 373.77
Net Profit Margin -81.21 -336.39 -466.14 -19.81 0.60
Normalized EBIT 10.34 -23.92 -14.60 -32.58 0.38
Normalized EBITDA 10.65 -23.02 -12.94 -29.53 3.00
Current Tax - Domestic
Current Tax - Foreign
Current Tax - Total -0.36 0.05 -0.05 -0.20 0.33
Current Tax - Total -0.36 0.05 -0.05 -0.20 0.33
Deferred Tax - Domestic 39.01
Deferred Tax - Foreign
Deferred Tax - Total -1.18 -2.91 -3.32 2.87
Deferred Tax - Total 39.01 -1.18 -2.91 -3.32 2.87
Income Tax - Total 38.65 -1.14 -2.96 -3.51 3.20
Defined Contribution Expense - Domestic
Total Pension Expense
For a more complete picture of our financial results, please review our SEC Filings

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