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MOBILE MINI INC (MINI)

Income Statement Business | Product | Geographic

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-19Dec-31-18Dec-31-17Dec-31-16Dec-31-15Dec-31-14Dec-31-13Dec-31-12
   10-K10-K10-K10-K10-K10-K10-K10-K
Revenues:  
    Storage Solutions  490.7477.0435.5 423.5439.0406.5379.9
    Tank & Pump Solutions  121.9116.298.1 107.36.4  
Total revenues   [+]612.6593.2533.5508.6530.8445.5406.5379.9
            Revenue growth   [+]3.3%11.2%4.9%-4.2%19.1%9.6%7.0%5.8%
Cost of goods sold  388.2386.6357.4325.819.721.925.423.2
Gross profit  224.4206.7176.1182.9511.1423.5381.1356.7
            Gross margin  36.6%34.8%33.0%36.0%96.3%95.1%93.7%93.9%
Selling, general and administrative  70.6171.166.369.8147.342.937.843.1
EBITDA   [+]224.4206.7176.1182.9184.9142.0105.0138.2
            EBITDA margin  36.6%34.8%33.0%36.0%34.8%31.9%25.8%36.4%
Depreciation  64.060.556.957.354.337.734.034.0
EBITA  160.4146.2119.2125.5130.5104.371.0104.2
            EBITA margin  26.2%24.6%22.3%24.7%24.6%23.4%17.5%27.4%
Amortization of intangibles  6.66.56.56.46.01.61.62.2
EBIT   [+]153.8139.7112.7119.1124.5102.769.4102.0
            EBIT margin  25.1%23.5%21.1%23.4%23.5%23.1%17.1%26.9%
Non-recurring items   [+] 104.12.96.086.93.52.47.1
Interest expense, net   [+]41.440.935.732.735.928.729.537.3
Other income (expense), net   [+]-0.40.10.0-11.5-0.90.00.0-4.7
Pre-tax income  112.1-5.374.168.90.870.437.552.9
Income taxes  28.32.8-48.121.7-4.826.012.318.5
            Tax rate  25.3%  31.4% 37.0%32.7%35.0%
Earnings from continuing ops  83.7-8.1122.247.25.644.426.534.7
Earnings from discontinued ops        -1.3-0.2
Net income  83.7-8.1122.247.25.644.425.234.4
            Net margin  13.7%-1.4%22.9%9.3%1.1%10.0%6.2%9.1%
   
Basic EPS   [+]$1.90($0.18)$2.77$1.07$0.12$0.96$0.58$0.78
Diluted EPS   [+]$1.88($0.18)$2.76$1.06$0.12$0.95$0.58$0.77
   
Dividends per share   [+]$1.10$1.00$0.91$0.82$0.75$0.68  
   
Shares outstanding (basic)   [+]44.244.344.144.145.046.045.544.7
Shares outstanding (diluted)   [+]44.644.344.344.445.546.746.145.1
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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