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Income Statement
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WALTER INVESTMENT MANAGEMENT CORP (DHCP)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-17Dec-31-16Dec-31-15Dec-31-14Dec-31-13Dec-31-12Dec-31-11Dec-31-10
   10-K10-K10-K/A10-K/A10-K10-K10-K10-K
        Interest income on loans  41.245.7      
    Total interest income  75.387.5126.6174.6177.3154.4164.8166.2
Net interest income  75.387.5126.6174.6177.3154.4164.8166.2
Provision for loan losses        6.0 
Net interest income after provision for loan losses  75.387.5126.6174.6177.3154.4158.8166.2
Total non-interest income   112.2164.8228.2240.8178.387.213.1
Non-interest expenses         9.4
Equity in earnings          
Pre-tax income before non-recurring items  -652.7-779.2-309.8-18.5412.8-35.5-6.138.3
Non-recurring items  -222.510.694.6100.8    
Pre-tax income  -430.3-789.8-404.4-119.3412.8-35.5-6.138.3
Income taxes  -3.444.0-141.2-9.0159.4-13.360.31.3
            Tax rate  0.8% 34.9%7.6%38.6%37.6% 3.3%
Net income  -426.9-833.9-263.2-110.3253.5-22.10.00.0
            Net margin  -51.4%-83.7%-66.2%-21.6%14.1%-3.5%0.0%0.0%
   
Basic EPS  ($11.61)($23.18)($7.00)($2.93)$6.85($0.73)$0.00$0.00
Diluted EPS  ($11.61)($23.18)($7.00)($2.93)$6.72($0.73)$0.00$0.00
   
Shares outstanding (basic)  36.836.037.637.637.030.427.626.4
Shares outstanding (diluted)  36.836.037.637.637.730.427.626.5
   
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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