PICO Holdings

Fundamentals - Annual Income Statement

  Year Ending Dec 2019 (Update) Year Ending Dec 2018 (Update) Year Ending Dec 2017 (Update) Year Ending Dec 2016 (Restated) Year Ending Dec 2015 (Restated)
Net Sales 29.40 14.36 36.28 10.10 8.33
Revenue 29.40 14.36 36.28 10.10 8.33
Total Revenue 29.40 14.36 36.28 10.10 8.33
Cost of Revenue 8.50 5.25 13.22 0.33 1.24
Cost of Revenue, Total 8.50 5.25 13.22 0.33 1.24
Gross Profit 20.90 9.12 23.06 9.78 7.09
Selling/General/Administrative Expense 8.96 11.05 12.41 32.83 20.03
Selling/General/Administrative Expenses, Total 8.96 11.05 12.41 32.83 20.03
Depreciation 0.41 0.08 0.31 0.87 1.66
Depreciation/Amortization 0.41 0.08 0.31 0.87 1.66
Impairment-Assets Held for Use -- -- -- 0.20 2.09
Impairment-Assets Held for Sale 0.00 1.31 -- 2.17 20.70
Unusual Expense (Income) 0.00 1.31 -- 2.37 22.78
Other, Net -- -- -- -- --
Other Operating Expenses, Total -- -- -- -- --
Total Operating Expense 17.87 17.68 25.94 36.39 45.71
Operating Income 11.53 -3.32 10.34 -26.29 -37.38
Interest Expense - Non-Operating -- -- -- -- --
Interest Expense, Net Non-Operating -- -- -- -- --
Interest Income (Expense), Net-Non-Operating, Total -- -- -- -- --
Net Income Before Taxes 11.53 -3.32 10.34 -26.29 -37.38
Income Tax – Total 0.00 0.05 38.65 -1.14 -2.96
Income After Tax 11.53 -3.37 -28.31 -25.15 -34.42
Minority Interest -- 0.00 -1.15 -8.84 -0.98
Equity In Affiliates -- -- -- -- -3.42
Net Income Before Extraordinary Items 11.53 -3.37 -29.46 -33.99 -38.82
Discontinued Operations 0.00 0.04 -5.65 12.12 -43.04
Extraordinary Item -- 0.00 35.57 -- --
Total Extraordinary Items 0.00 0.04 29.93 12.12 -43.04
Net Income 11.53 -3.33 0.46 -21.87 -81.86
Income Available to Common Excluding Extraordinary Items 11.53 -3.37 -29.46 -33.99 -38.82
Income Available to Common Stocks Including Extraordinary Items 11.53 -3.33 0.46 -21.87 -81.86
Basic Weighted Average Shares 20.15 22.07 23.12 23.05 23.01
Basic EPS Excluding Extraordinary Items 0.57 -0.15 -1.27 -1.47 -1.69
Basic EPS Including Extraordinary Items 0.57 -0.15 0.02 -0.95 -3.56
Dilution Adjustment -- -- -- -- --
Diluted Net Income 11.53 -3.33 0.46 -21.87 -81.86
Diluted Weighted Average Shares 20.15 22.07 23.12 23.05 23.01
Diluted EPS Excluding Extraordinary Items 0.57 -0.15 -1.27 -1.47 -1.69
Diluted EPS Including Extraordinary Items 0.57 -0.15 0.02 -0.95 -3.56
DPS - Common Stock Primary Issue -- -- -- -- 0.00
Gross Dividends - Common Stock 0.00 0.00 115.90 0.00 0.00
Total Special Items 0.00 1.31 -- 2.37 22.78
Normalized Income Before Taxes 11.53 -2.01 10.34 -23.92 -14.60
Effect of Special Items on Income Taxes 0.00 0.46 -- 0.83 7.97
Income Taxes Excluding Impact of Special Items 0.00 0.51 38.65 -0.31 5.01
Normalized Income After Taxes 11.53 -2.52 -28.31 -23.61 -19.61
Normalized Income Available to Common 11.53 -2.52 -29.46 -32.45 -24.01
Basic Normalized EPS 0.57 -0.11 -1.27 -1.41 -1.04
Diluted Normalized EPS 0.57 -0.11 -1.27 -1.41 -1.04
Depreciation, Supplemental 0.41 0.08 0.31 0.90 1.66
Interest Expense, Supplemental -- -- -- -- --
Interest Capitalized, Supplemental -- -- -- -- --
Rental Expense, Supplemental 0.36 0.35 0.39 0.70 0.57
Stock-Based Compensation, Supplemental 0.09 0.43 1.30 2.85 1.91
Equity in Affiliates, Supplemental -- -- -- -- -3.42
Minority Interest, Supplemental -- 0.00 -1.15 -8.84 -0.98
Audit-Related Fees, Supplemental -- 0.48 0.64 1.34 --
Audit-Related Fees -- 0.01 0.03 0.14 --
Tax Fees, Supplemental -- 0.02 0.15 0.37 --
All Other Fees Paid to Auditor, Supplemental -- -- -- -- --
Gross Margin 71.10 63.48 63.57 96.77 85.12
Operating Margin 39.21 -23.11 28.51 -260.17 -448.85
Pretax Margin 39.21 -23.11 28.51 -260.17 -448.85
Effective Tax Rate 0.00 -- 373.77 -- --
Net Profit Margin 39.21 -23.48 -81.21 -336.39 -466.14
Normalized EBIT 11.53 -2.01 10.34 -23.92 -14.60
Normalized EBITDA 11.94 -1.93 10.65 -23.02 -12.94
Current Tax - Domestic -- -- -- -- --
Current Tax - Foreign -- -- -- -- --
Current Tax - Total 0.00 0.05 -0.36 0.05 -0.05
Current Tax - Total 0.00 0.05 -0.36 0.05 -0.05
Deferred Tax - Domestic -- -- 39.01 -- --
Deferred Tax - Foreign -- -- -- -- --
Deferred Tax - Total 0.00 -- -- -1.18 -2.91
Deferred Tax - Total 0.00 -- 39.01 -1.18 -2.91
Income Tax - Total 0.00 0.05 38.65 -1.14 -2.96
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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