Overview Financials News + Filings Key Docs Charts Holdings Ownership Insiders
|
In millions, except per share items | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 | Dec-31-14 | Dec-31-13 | Dec-31-12 |
| 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K |
Revenues: |
Independent Advisory and Brokerage Services | 502.7 | 2.6 | 1,140.4 | 1,003.3 | 1,035.4 | | | |
Insurance Brokerage | 186.2 | 147.1 | 57.1 | 50.5 | 49.6 | 26.2 | | |
Ladenburg | 9.4 | 7.2 | 66.7 | 49.4 | 61.8 | 73.3 | 69.6 | 45.7 |
Corporate | 3.2 | 2.9 | 4.0 | 3.8 | 5.3 | 5.2 | 0.3 | 5.6 |
Other | 767.7 | 1,231.4 | | | | 816.6 | 723.2 | 598.9 |
Total revenues [+] | 1,469.3 | 1,391.1 | 1,268.2 | 1,107.0 | 1,152.1 | 921.3 | 793.1 | 650.1 |
Services | | | | 71.5 | | | | |
Net interest income | | | | 2.9 | 3.8 | 6.2 | 6.8 | 4.8 |
Investment advisory | | | | | 462.1 | 343.2 | 274.0 | 233.7 |
Other income | | | | 32.2 | | | | |
Revenue growth [+] | 5.6% | 9.7% | 14.6% | -3.9% | 25.1% | 16.2% | 22.0% | 137.6% |
Independent Advisory and Brokerage Services | 19490.8% | -99.8% | 13.7% | -3.1% | | | | |
Insurance Brokerage | 26.6% | 157.5% | 13.2% | 1.8% | 89.5% | | | |
Ladenburg | 31.2% | -89.2% | 34.9% | -20.1% | -15.6% | 5.3% | 52.3% | 10.2% |
Corporate | 12.2% | -27.0% | 5.2% | -29.5% | 2.5% | 1851.3% | -95.2% | 346.9% |
Cost of goods sold [+] | 1,247.0 | 1,180.6 | 1,109.1 | 980.3 | 1,017.4 | 789.4 | 675.3 | 563.9 |
Labor costs | 210.8 | 194.0 | 171.3 | 152.6 | 149.8 | 120.2 | 95.3 | 80.2 |
Sales commissions and fees | 1,025.6 | 976.6 | 928.4 | 818.0 | 857.8 | 662.2 | 573.6 | 477.1 |
Occupancy costs | 10.6 | 10.0 | 9.4 | 9.7 | 9.8 | 7.0 | 6.3 | 6.6 |
Gross profit | 222.3 | 210.5 | 159.0 | 126.7 | 134.7 | 131.8 | 117.9 | 86.3 |
Gross margin | 15.1% | 15.1% | 12.5% | 11.4% | 11.7% | 14.3% | 14.9% | 13.3% |
Selling, general and administrative [+] | 19.4 | 21.9 | 19.6 | 14.1 | 14.2 | 11.0 | 9.2 | 8.3 |
General and administrative [+] | 19.4 | 21.9 | 19.6 | 14.1 | 14.2 | | | |
Wages and related expenses | | | | | | | 95.3 | 80.2 |
Professional fees | 19.4 | 21.9 | 19.6 | 14.1 | 14.2 | 11.0 | 9.2 | 8.3 |
Other operating expenses | 172.9 | 141.4 | 138.3 | 95.2 | 104.2 | 90.0 | 91.0 | 76.7 |
EBITDA [+] | 52.3 | 71.2 | 30.0 | 17.4 | 16.3 | 30.7 | 17.7 | 1.2 |
EBITDA growth | -26.5% | 137.2% | 72.5% | 6.6% | -46.9% | 74.0% | 1411.9% | -131.6% |
EBITDA margin | 3.6% | 5.1% | 2.4% | 1.6% | 1.4% | 3.3% | 2.2% | 0.2% |
Depreciation | 9.2 | 8.5 | 7.5 | 7.6 | 6.4 | 4.3 | 3.7 | 4.4 |
EBITA | 43.1 | 62.7 | 22.5 | 9.8 | 9.9 | 26.4 | 14.0 | -3.2 |
EBITA margin | 2.9% | 4.5% | 1.8% | 0.9% | 0.9% | 2.9% | 1.8% | -0.5% |
Amortization of intangibles | 13.1 | 15.6 | 21.3 | 20.7 | 20.7 | 14.1 | 11.6 | 11.7 |
EBIT [+] | 30.0 | 47.2 | 1.2 | -10.9 | -10.8 | 12.3 | 2.4 | -14.9 |
EBIT growth | -36.4% | 3897.0% | -110.8% | 1.6% | -187.1% | 413.6% | -116.1% | 59.6% |
EBIT margin | 2.0% | 3.4% | 0.1% | -1.0% | -0.9% | 1.3% | 0.3% | -2.3% |
Non-recurring items [+] | -0.7 | -0.2 | 0.0 | 1.1 | 1.0 | 2.4 | -0.1 | 7.1 |
Unusual expense | -0.7 | -0.2 | 0.0 | -0.2 | 0.1 | 0.0 | -0.1 | 7.1 |
Interest expense | 23.1 | 10.8 | 2.7 | 4.3 | 5.2 | 7.0 | 15.4 | 24.5 |
Interest expense | 23.1 | 10.8 | 2.7 | 4.3 | 5.2 | 7.0 | 15.4 | 24.5 |
Other income (expense), net [+] | 22.5 | 10.6 | 2.7 | 4.0 | 5.2 | 7.0 | 15.3 | 31.7 |
Gain (loss) on debt retirement | | | | | -0.3 | -0.5 | -4.5 | |
Pre-tax income | 30.0 | 47.2 | 1.2 | -12.3 | -11.7 | 10.0 | 2.4 | -14.9 |
Income taxes | 7.3 | 13.4 | -6.5 | 10.0 | -0.5 | -23.3 | 2.9 | 1.5 |
Tax rate | 24.3% | 28.4% | | | 4.1% | | 121.7% | |
Minority interest | 0.0 | 0.0 | 0.0 | 0.0 | -0.1 | -0.1 | -0.1 | |
Net income | -11.9 | -0.3 | -24.8 | -52.7 | -39.3 | 16.2 | -7.4 | -16.4 |
Net margin | -0.8% | 0.0% | -2.0% | -4.8% | -3.4% | 1.8% | -0.9% | -2.5% |
|
Basic EPS [+] | ($0.08) | $0.00 | ($0.13) | ($0.29) | ($0.21) | $0.09 | ($0.04) | ($0.09) |
Growth | 5826.3% | -98.9% | -55.4% | 34.7% | -341.3% | -319.2% | -54.6% | -518.8% |
Diluted EPS [+] | ($0.08) | $0.00 | ($0.13) | ($0.29) | ($0.21) | $0.08 | ($0.04) | ($0.09) |
Growth | 5826.3% | -98.9% | -55.4% | 34.7% | -372.7% | -294.0% | -54.6% | -532.5% |
|
Dividends per share [+] | $0.05 | $0.05 | $0.02 | | | | | |
Growth | 10.8% | 124.9% | | | | | | |
|
Shares outstanding (basic) [+] | 143.4 | 194.6 | 193.1 | 183.0 | 183.7 | 182.8 | 182.3 | 183.6 |
Growth | -26.3% | 0.8% | 5.5% | -0.4% | 0.5% | 0.3% | -0.7% | 0.3% |
Shares outstanding (diluted) [+] | 143.4 | 194.6 | 193.1 | 183.0 | 183.7 | 206.5 | 182.3 | 183.6 |
Growth | -26.3% | 0.8% | 5.5% | -0.4% | -11.1% | 13.3% | -0.7% | -2.9% |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
|