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PROG Holdings, Inc. (PRG)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
 
In millions, except per share itemsDec-31-22Dec-31-21Dec-31-20Dec-31-19Dec-31-18
   10-K10-K10-K10-K10-K
REVENUES:       
Revenues  2,597.82,677.92,484.62,163.22,036.3
            Revenues growth  -3.0%7.8%14.9%6.2% 
COSTS AND EXPENSES:       
Depreciation of Lease Merchandise  1,757.71,820.01,690.91,445.01,219.0
Provision for Lease Merchandise Write-offs  193.9127.0131.3153.5123.3
Operating Expenses  450.4397.4372.6  
Impairment of Goodwill  10.2    
Separation Related Charges    18.0  
    Costs and Expenses  2,412.22,344.42,212.8357.8537.1
    OPERATING PROFIT  185.6333.5271.827.6156.8
            Operating margin  7.1%12.5%10.9%1.3%7.7%
Interest Expense, Net  -37.4-5.3-0.2  
    EARNINGS FROM CONTINUING OPERATIONS BEFORE INCOME TAX EXPENSE  148.2328.2271.627.6 
INCOME TAX EXPENSE  49.584.637.952.231.5
    NET EARNINGS FROM CONTINUING OPERATIONS  98.7243.6233.6-24.6125.3
LOSS FROM DISCONTINUED OPERATIONS, NET OF INCOME TAX    -295.156.170.9
    NET EARNINGS (LOSS)  98.7243.6-61.531.5196.2
   
BASIC EARNINGS (LOSS) PER SHARE:       
Continuing Operations (in dollars per share)  0.00.00.00.00.0
Discontinued Operations (in dollars per share)    0.00.00.0
   
    TOTAL BASIC EARNINGS (LOSS) PER SHARE (in dollars per share)  $1.90$3.69($0.91)$0.47$2.84
   
DILUTED EARNINGS (LOSS) PER SHARE:       
Continuing Operations (in dollars per share)  0.00.00.00.00.0
Discontinued Operations (in dollars per share)    0.00.00.0
    TOTAL DILUTED EARNINGS (LOSS) PER SHARE (in dollars per share)  $1.90$3.67($0.90)$0.47$2.78
   
WEIGHTED AVERAGE SHARES OUTSTANDING:       
Basic ( in shares)  51.966.067.367.369.1
Assuming Dilution (in shares)  52.166.468.067.370.6

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