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Income Statement
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Cash Flow Statement

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Op Efficiency
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Fly Leasing Ltd (FLY)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
 
In millions, except per share itemsDec-31-20Dec-31-19Dec-31-18Dec-31-17Dec-31-16Dec-31-15Dec-31-14Dec-31-13
   20-F20-F20-F20-F20-F20-F20-F20-F
Revenues          
Operating lease revenue  293.7464.4      
Operating lease revenue    399.5346.9313.6429.7406.6351.8
Finance lease revenue  0.60.60.70.72.10.3  
Finance lease revenue  0.60.60.70.72.10.3  
Gain on sale of aircraft  36.097.313.4   14.85.4
Interest and other income  4.112.74.71.21.72.30.71.9
    Total revenues  334.4575.0418.3353.3345.0462.4425.5360.6
            Total revenues growth  -41.9%37.5%18.4%2.4%-25.4%8.7%18.0% 
Expenses          
Depreciation  129.6140.8144.1133.2120.5159.7167.0138.3
Flight equipment impairment  115.0  22.096.166.11.26.2
Interest expense  -103.3-137.1-144.7-127.8-123.2-145.4-142.5-120.4
Selling, general and administrative  30.935.331.230.730.133.741.039.6
Provision for uncollectible operating lease receivables  4.0       
Loss (gain) on derivatives  1.62.7-2.4-0.20.14.1  
Fair value loss on marketable securities  13.0       
Loss on modification and extinguishment of debt  1.99.62.523.39.217.5  
Maintenance and other costs  6.63.12.52.52.37.67.115.5
    Total expenses  405.9328.6322.7339.3381.4434.2356.7303.6
    Net income (loss) before provision (benefit) for income taxes  -71.6246.495.613.9-36.428.268.957.1
Provision (benefit) for income taxes  -4.120.59.911.3-7.35.48.73.1
    Net income (loss)  -67.4225.985.72.6-29.122.860.253.9
   
Weighted average number of shares:          
Basic (in shares)  30.631.629.730.333.241.241.434.1
Diluted (in shares)  30.631.729.830.433.241.341.534.2
   
Earnings (loss) per share:          
Basic (in dollars per share)  ($2.21)$7.15$2.88$0.09($0.88)$0.52$1.42$1.55
Diluted (in dollars per share)  ($2.21)$7.12$2.88$0.09($0.88)$0.52$1.42$1.55

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