Gamco Investors, Inc. (GBL) financial statements (2020 and earlier)

Company profile

Business Address ONE CORPORATE CENTER
RYE, NY 10580
State of Incorp. DE
Fiscal Year End December 31
SIC 6211 - Security Brokers, Dealers, and Flotation Companies (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments2841184014338254
Cash and cash equivalents 41184014298210
Short-term investments28 0  4044
Receivables    72 
Income taxes receivable0
Total current assets:2841184021340255
Noncurrent Assets
Finance lease, right-of-use asset3
Operating lease, right-of-use asset1
Property, plant and equipment 223333
Long-term investments and receivables     9482
Long-term investments     9482
Intangible assets, net (including goodwill), including:4444455
Goodwill0    44
Intangible assets, net (excluding goodwill)     22
Other undisclosed intangible assets, net (including goodwill)44444(0)(0)
Total noncurrent assets:7666610291
Other undisclosed assets1558810410377424364
TOTAL ASSETS:190135128149104866709
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Noncurrent Liabilities
Other undisclosed liabilities135125225316380270243
Total liabilities:135125225316380270243
Temporary equity, carrying amount     68 
Stockholders' equity
Stockholders' equity attributable to parent, including:5510(96)(167)(276)525457
Treasury stock, value(325)(287)(277)(262)(252)(395)(362)
Additional paid in capital17141340292282
Accumulated other comprehensive income (loss)(0)(0)121192530
Retained earnings (accumulated deficit)36328315681(34)603506
Other undisclosed stockholders' equity attributable to parent00 0000
Stockholders' equity attributable to noncontrolling interest     33
Other undisclosed stockholders' equity  0    
Total stockholders' equity:5510(96)(167)(276)528460
Other undisclosed liabilities and equity      7
TOTAL LIABILITIES AND EQUITY:190135128149104866709

Income statement (P&L) ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Revenues312341361353381440398
Revenue, net   440398
Revenues, excluding interest and dividends    381440398
Financial services revenue317308 390 
Cost of revenue
(Cost of Goods and Services Sold)
  (14)(7)   
Gross profit:312341347346381440398
Operating expenses(194)(155)(216)(161)(233)(281)(255)
Other undisclosed operating income  147   
Operating income:118187145192148160142
Nonoperating income (expense)(9)(32)(12)(10)(9)841
Investment income, nonoperating322200 
Interest and debt expense(3)(4)(3)(13)(1)(8)(12)
Other undisclosed income from continuing operations before equity method investments, income taxes343131812
Income from continuing operations before equity method investments, income taxes:109155133182139168184
Income from equity method investments     16
Other undisclosed loss from continuing operations before income taxes     (1)(6)
Income from continuing operations before income taxes:109155133182139168184
Income tax expense(27)(37)(55)(65)(52)(63)(66)
Income from continuing operations:821177811787105117
Income (loss) from discontinued operations    (4)109117
Income before gain (loss) on sale of properties:821177811783215234
Other undisclosed net loss     (109)(117)
Net income:821177811783105117
Net income (loss) attributable to noncontrolling interest     4(1)
Net income available to common stockholders, basic:821177811783109117
Interest on convertible debt  31   
Net income available to common stockholders, diluted:821178011883109117

Comprehensive Income ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Net income:821177811783105117
Other comprehensive income (loss) (0)12(8)(5)4
Comprehensive income:821177811975100121
Comprehensive income, net of tax, attributable to noncontrolling interest     41
Other undisclosed comprehensive income (loss), net of tax, attributable to parent0     (1)
Comprehensive income, net of tax, attributable to parent:821177811975104121

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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