WALTER INVESTMENT MANAGEMENT CORP company info

CIK 1040719
IRS Number 133950486
State of incorporation MD
Business address 1100 VIRGINIA DRIVE, SUITE 100
None
FORT WASHINGTON
PA
19034
Mail address 3000 BAYPORT DRIVE, SUITE 1100
None
TAMPA
FL
33607

Short summary

WALTER INVESTMENT MANAGEMENT CORP is a Pennsylvania company, with head office located at 1100 Virginia Drive, Suite 100 Fort Washington, Pennsylvania 19034. In 2017 the company owned a total of 14.98 billion USD worth of assets. 2014 was the year when the company amassed the most assets.

WALTER INVESTMENT MANAGEMENT CORP Income Statement

Name [in Millions USD]2008200920102011201220132014201520162017Trends
Selling, General and Administrative Expense 1,039.571,166.941,161.471,150.66
Interest expense 81.73136.25179.67272.66303.10273.61255.78
Other Nonoperating Income (Expense) 00-0.7421.01
Income Tax Expense (Benefit) -76.161.2860.26-13.32159.35-9.01-141.2444.04
Net income 113.7837.07-66.40-22.13253.47-110.33-263.19-833.86

WALTER INVESTMENT MANAGEMENT CORP Balance Sheet

Name [in Millions USD]2008200920102011201220132014201520162017Trends
Cash and cash equivalents 1.3279.27289.9538.34532.62303.34343.78312.89478.37276.80
Property, Plant and Equipment, Gross 149.26178.86236.56258.94289.74305.01
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment 18.8541.0780.72134.02183.26222.39
Goodwill 471.28654.57575.47518.93156.2847.7547.75
Total assets 2,073.104,070.7216,930.2118,385.9519,344.5317,298.3115,595.5114,979.64
Long-term Debt 0701.403,625.122,269.59
Total liabilities 1,516.243,524.7615,856.1917,200.7618,328.4817,186.4015,708.5015,215.87
Common Stock, Value, Issued 0.260.290.370.380.380.360.370.37
Retained Earnings (Accumulated Deficit) 426.93356.90503.09590.02406.12-450.61-711.61-835.74
Accumulated Other Comprehensive Income (Loss), Net of Tax 0.970.470.470.510.510.850.911.01

WALTER INVESTMENT MANAGEMENT CORP Cash Flow

Name [in Millions USD]2008200920102011201220132014201520162017Trends
Net income 113.7837.07-66.40-22.13253.47-110.33-263.19-833.86
Depreciation and amortization 0.4011.9024.5039.7053.8049.7047.50
Amortization of Intangible Assets 12.6024.8031.3018.9019.5012
Depreciation and amortization 0.440.3853.0849.2771.0372.7269.1359.43
Deferred Income Tax Expense (Benefit) -81.75-0.3738.74-22.3797.42-35.41-196.33111.37
Net Cash Provided by (Used in) Operating Activities 18.9621.89104.9169.62
Payments to Acquire Property, Plant, and Equipment 2.180.146.2911.4138.6421.5727.7632.87
Payments to Acquire Businesses, Net of Cash Acquired -0.77-1.691,000.5388.59478.08197.065.103.07
Net Cash Provided by (Used in) Investing Activities 123.3732.57-947.59-451.35
Net Cash Provided by (Used in) Investing Activities, Continuing Operations -957.53-451.35-3,776.08-1,244.11-454.95699.81
Proceeds from Issuance of Long-term Debt 748.15
Stock Issued During Period, Value, Share-based Compensation, Net of Forfeitures 0.051.090.180.822.905.50-0.72-0.55
Stock Issued During Period, Value, Share-based Compensation, Net of Forfeitures 0.051.090.180.822.905.50-0.72-0.55
Proceeds from Issuance of Common Stock 76.790276.010
Payments for Repurchase of Common Stock 0.260028.070
Net Cash Provided by (Used in) Financing Activities -44.36-39.39757.01805.05
Cash and Cash Equivalents, Period Increase (Decrease) 97.9715.07-95.61423.3249.83-171.71-117.3521.77