Revenues: | |
Auction and related revenues | |
Finance revenues | 11.14M |
Dealer revenues | |
License fee revenues | |
Other revenues | 4.71M |
Total revenues | 91.49M |
Expenses: | |
Direct costs of services | 5.14M |
Dealer cost of sales | |
Marketing expenses | |
Salaries and related costs | 70.47M |
General and administrative expenses | 39.36M |
Depreciation and amortization expense | |
Restructuring charges, net | 0 |
Total expenses | 158.37M |
Operating income | -66.87M |
Interest income | 295K |
Interest expense | -7.55M |
Other expense | 633K |
Income before taxes | -73.5M |
Equity in earnings of investees, net of taxes | 1.22M |
Income tax expense | -17.78M |
Net income | -54.47M |
Basic earnings per share - Sotheby's common shareholders (see Note 3) | -0.99 |
Diluted earnings per share - Sotheby's common shareholders (see Note 3) | -0.99 |
Weighted average basic shares outstanding | 55.01M |
Weighted average diluted shares outstanding | 55.01M |
Cash dividends paid per common share | 0 |