10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||||||||||||
| |||||||||||||
|
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
BOOKING HOLDINGS INC. | |||
Ticker: BKNG Fiscal Year: 2013 | |||
CONSOLIDATED STATEMENTS OF OPERATIONS | |||
Period Ending Dec 31, 2013 10-K (Filed: Feb 20, 2014) | |||
| (In Thousands) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2013 | Dec 31, 2012 | Dec 31, 2011 | |
| Agency revenues | $ 4,410,689 | 3,142,815 | 2,339,253 |
| Merchant revenues | 2,211,474 | 2,104,752 | 2,004,432 |
| Advertising and other revenues | 171,143 | 13,389 | 11,925 |
| Total revenues | 6,793,306 | 5,260,956 | 4,355,610 |
| Cost of revenues | 1,077,420 | 1,177,275 | 1,275,730 |
| Gross profit | 5,715,886 | 4,083,681 | 3,079,880 |
| Operating expenses: | |||
| Advertising - Online | 1,798,645 | 1,273,637 | 919,214 |
| Advertising - Offline | 127,459 | 35,492 | 35,470 |
| Sales and marketing | 235,817 | 195,934 | 162,690 |
| Personnel, including stock-based compensation of $140,526, $71,565 and $65,724, respectively | 698,692 | 466,828 | 352,295 |
| General and administrative | 252,994 | 173,171 | 123,652 |
| Information technology | 71,890 | 43,685 | 33,813 |
| Depreciation and amortization | 117,975 | 65,141 | 53,824 |
| Total operating expenses | 3,303,472 | 2,253,888 | 1,680,958 |
| Operating income | 2,412,414 | 1,829,793 | 1,398,922 |
| Other income (expense): | |||
| Interest income | 4,167 | 3,860 | 8,119 |
| Interest expense | (83,289) | (62,064) | (31,721) |
| Foreign currency transactions and other | (36,755) | (9,720) | (7,526) |
| Total other income (expense) | (115,877) | (67,924) | (31,128) |
| Earnings before income taxes | 2,296,537 | 1,761,869 | 1,367,794 |
| Income Tax Expense | 403,739 | 337,832 | 308,663 |
| Net income | 1,892,798 | 1,424,037 | 1,059,131 |
| Less: net income attributable to noncontrolling interests | 135 | 4,471 | 2,760 |
| Net income applicable to common stockholders | 1,892,663 | 1,419,566 | 1,056,371 |
| Net income applicable to common stockholders per basic common share (in dollars per share) | 37.17 | 28.48 | 21.27 |
| Weighted average number of basic common shares outstanding (in shares) | 50,924 | 49,840 | 49,654 |
| Net income applicable to common stockholders per diluted common share (in dollars per share) | 36.11 | 27.66 | 20.63 |
| Weighted average number of diluted common shares outstanding (in shares) | 52,413 | 51,326 | 51,211 |
| External Links | |
| BOOKING HOLDINGS INC. (BKNG) Fiscal Year 2013 | |
| Statements of 10-K in Excel | https://www.sec.gov/.../Financial.xlxs |
| Complete 10-K in HTML | https://www.sec.gov/.../10-K.html |
| Complete 10-K in XBRL | https://www.sec.gov/.../10-K-xbrl.zip |