XML 16 R4.htm IDEA: XBRL DOCUMENT v3.21.2
Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Income Statement [Abstract]        
Revenue $ 6,798,327 $ 5,645,142 $ 19,195,819 $ 16,915,694
Costs and expenses:        
Cost of revenue 5,258,947 4,564,579 14,995,252 13,676,790
Operating, administrative and other 1,025,681 794,227 2,811,224 2,355,099
Depreciation and amortization 122,564 127,725 363,727 357,903
Asset impairments 0 0 0 75,171
Total costs and expenses 6,407,192 5,486,531 18,170,203 16,464,963
Gain on disposition of real estate 18,530 52,797 19,615 75,132
Operating income 409,665 211,408 1,045,231 525,863
Equity income from unconsolidated subsidiaries 163,809 32,376 459,535 72,487
Other income 7,693 7,947 22,470 12,974
Interest expense, net of interest income 11,038 17,829 34,916 51,795
Income before provision for income taxes 570,129 233,902 1,492,320 559,529
Provision for income taxes 133,507 49,062 343,279 119,047
Net income 436,622 184,840 1,149,041 440,482
Less: Net income attributable to non-controlling interests 879 708 4,459 2,258
Net income attributable to CBRE Group, Inc. $ 435,743 $ 184,132 $ 1,144,582 $ 438,224
Basic income per share:        
Net income per share attributable to CBRE Group, Inc. (in dollars per share) $ 1.30 $ 0.55 $ 3.41 $ 1.31
Weighted average shares outstanding for basic income per share (in shares) 335,364,942 335,287,245 335,621,337 335,128,531
Diluted income per share:        
Net income per share attributable to CBRE Group, Inc. (in dollars per share) $ 1.28 $ 0.55 $ 3.37 $ 1.30
Weighted average shares outstanding for diluted income per share (in shares) 340,337,159 337,665,848 339,805,292 338,255,859