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ARC DOCUMENT SOLUTIONS, INC. (ARC)

Income Statement Business | Product | Geographic

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-22Dec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-31-17Dec-31-16Dec-31-15
   10-K10-K10-K10-K10-K10-K10-K10-K
Revenues:  
    Equipment and supplies sales        48.050.0
    Other        358.3378.6
Total revenues   [+]286.0272.2289.5382.4400.8394.6406.3428.7
            Revenue growth   [+]5.1%-6.0%-24.3%-4.6%1.6%-2.9%-5.2%1.2%
Cost of goods sold  190.0184.6196.6257.2269.9270.6273.1280.5
Gross profit  96.087.792.9125.2130.9124.0133.2148.1
            Gross margin  33.6%32.2%32.1%32.7%32.6%31.4%32.8%34.6%
Selling, general and administrative  77.572.379.0107.3109.1101.9100.2107.3
Other operating expenses     0.0-0.24.04.35.2
EBITDA   [+]38.839.742.846.751.051.560.569.3
            EBITDA margin  13.6%14.6%14.8%12.2%12.7%13.0%14.9%16.2%
Depreciation  20.324.428.928.829.029.026.928.0
EBITA  18.515.313.917.922.022.433.641.3
            EBITA margin  6.5%5.6%4.8%4.7%5.5%5.7%8.3%9.6%
Amortization of intangibles  0.10.21.53.13.94.34.85.6
EBIT   [+]18.415.112.414.818.118.128.835.6
            EBIT margin  6.4%5.6%4.3%3.9%4.5%4.6%7.1%8.3%
Non-recurring items   [+]   0.70.217.974.50.5
Interest expense  1.82.13.95.25.96.26.07.0
Other income (expense), net   [+]0.10.00.1-0.30.1-0.1-0.1-0.2
Pre-tax income  16.613.08.58.612.1-6.1-51.928.0
Income taxes  5.84.22.75.73.315.2-4.4-69.4
            Tax rate  35.1%32.1%32.2%66.8%27.6% 8.4% 
Minority interest  -0.3-0.3-0.4-0.2-0.10.20.40.3
Net income  11.19.16.23.08.9-21.5-47.997.0
            Net margin  3.9%3.4%2.1%0.8%2.2%-5.5%-11.8%22.6%
   
Basic EPS   [+]$0.26$0.22$0.14$0.07$0.20($0.47)($1.04)$2.08
Diluted EPS   [+]$0.26$0.21$0.14$0.07$0.20($0.47)($1.04)$2.04
   
Dividends per share   [+]$0.20$0.07$0.02     
   
Shares outstanding (basic)   [+]42.242.242.945.044.945.745.946.6
Shares outstanding (diluted)   [+]43.342.743.045.145.145.745.947.5
   
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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