Calamos Asset Management (Calamos Asset Management) Net Income

: $0.9 Mil (TTM As of Sep. 2016)

View and export this data going back to 2004. Start your Free Trial

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Calamos Asset Management's Net Income for the three months ended in Sep. 2016 was $1.2 Mil. Its Net Income for the trailing twelve months (TTM) ended in Sep. 2016 was $0.9 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Calamos Asset Management's Earnings per Share (Diluted) for the three months ended in Sep. 2016 was $0.07.

Calamos Asset Management Net Income Historical Data

The historical data trend for Calamos Asset Management's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Calamos Asset Management Annual Data

Trend

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Net Income

15.87

18.19

18.63

13.53

3.33

Calamos Asset Management Quarterly Data
	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16
Net Income																0.36	0.83	-1.32	0.22	1.17

Calamos Asset Management Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Calamos Asset Management's Net Income for the fiscal year that ended in Dec. 2015 is calculated as

	Net Income		(A: Dec. 2015 )
=	Pre-Tax Income	+	Tax Provision	+	Net Income (Discontinued Operations)	+	Others
=	23.721	+	-2.32	+	0	+	-18.074
=	3.3

Calamos Asset Management's Net Income for the quarter that ended in Sep. 2016 is calculated as

	Net Income		(Q: Sep. 2016 )
=	Pre-Tax Income	+	Tax Provision	+	Net Income (Discontinued Operations)	+	Others
=	29.232	+	-0.796	+	0	+	-27.269
=	1.2

Net Income for the trailing twelve months (TTM) ended in Sep. 2016 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.9 Mil.

Calamos Asset Management (NAS:CLMS) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Calamos Asset Management's Earnings per Share (Diluted) (EPS) for the quarter that ended in Sep. 2016 is calculated as

Earnings per Share (Diluted) (Q: Sep. 2016 )	=	(Net Income	-	Preferred Dividends)	/	Shares Outstanding (Diluted Average)
	=	(1.167	-	0)	/	17.137
	=	0.07

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.

Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.

Calamos Asset Management Net Income Related Terms

Thank you for viewing the detailed overview of Calamos Asset Management's Net Income provided by GuruFocus.com. Please click on the following links to see related term pages.

Calamos Asset Management (Calamos Asset Management) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Calamos Asset Management Inc (NAS:CLMS) » Definitions » Net Income

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.calamos.com

Calamos Asset Management Inc is a Delaware corporation, incorporated on July 23, 2004. It is an asset management firm that offers strategies to fulfill a range of asset allocation goals through a multi-team platform. The Company together with its subsidiaries provides investment advisory services to individuals and institutional investors through open-end funds, closed-end funds, separate accounts, offshore funds and partnerships. The company applies an investment philosophy and proprietary process centered on risk management across a range of investment strategies, including equity, balanced, convertible, high yield, alternative, fixed income and money market investments. The Company currently offers four types of investment products that fall into the categories of mutual funds and separate accounts. Funds include its open-end and closed-end funds as well as its Offshore Funds. The Company includes the Offshore Funds in open-end funds for reporting purposes. Separate accounts are individual portfolios of securities managed to meet clients specific needs and include institutional accounts and managed accounts. The Company competes in all aspects of its business with a large number of investment management firms, commercial banks, broker-dealers and insurance companies. In the United States and other countries in which it does business, it is subject to regulations and laws at both a federal and state level, including U.S. federal, state and local tax laws as well as similar foreign jurisdiction tax laws.

Executives

Keith M Schappert	other: Former Director	2020 CALAMOS COURT, NAPERVILLE IL 60563
Thomas F Eggers	other: Former Director	CALAMOS ASSET MANAGEMENT, INC., 2020 CALAMOS COURT, NAPERVILLE IL 60563
William N Shiebler	other: Former Director	2020 CALAMOS COURT, NAPERVILLE IL 60563
Robert Behan	officer: Pres., Head of Global Distrib.	2020 CALAMOS COURT, NAPERVILLE IL 60563
Calamos Family Partners, Inc.	10 percent owner	2020 CALAMOS COURT, NAPERVILLE IL 60563
Calamos John P Sr	director, 10 percent owner, officer: Founder, Chairman & Global CIO	2020 CALAMOS COURT, NAPERVILLE IL 60563
Mangrove Partners Fund, L.p.	10 percent owner	645 MADISON AVENUE, 14TH FLOOR, NEW YORK NY 10022
Capital Mangrove	10 percent owner	10 EAST 53RD STREET, 31ST FLOOR, NEW YORK NY 10022
Partners Mangrove	10 percent owner	645 MADISON AVENUE, 14TH FLOOR, NEW YORK NY 10022
Nathaniel H. August	10 percent owner	10 EAST 53RD STREET, 31ST FLOOR, NEW YORK NY 10022
Mangrove Partners Master Fund, Ltd.	10 percent owner	645 MADISON AVE, 14 FLOOR, NEW YORK NY 10022
Mangrove Partners Fund (cayman), Ltd.	10 percent owner	MAPLES CORP. SVCS, PO BOX 309, UGLAND HOUSE, S. CHURCH STREET, GEORGE TOWN E9 KY1-1104
Thomas E Herman	officer: SVP, Chief Fiancial Officer	2020 CALAMOS COURT, NAPERVILLE IL 60563
Nimish S Bhatt	officer: SVP & CFO	2020 CALAMOS COURT, NAPERVILLE IL 60563
John S. Koudounis	director, officer: CEO	2020 CALAMOS COURT, NAPERVILLE IL 60563