ABM INDUSTRIES INC ABM Income Statement

Abm industries inc (ABM)

Income statement / Quarterly

Jan'20	Oct'19	Jul'19	Apr'19	Jan'19	Oct'18	Jul'18	Apr'18	Jan'18	Oct'17	Jul'17	Apr'17	Jan'17	Oct'16	Jul'16	Apr'16	Jan'16	Oct'15	Jul'15	Apr'15	Jan'15	Oct'14	Jul'14	Apr'14	Jan'14	Oct'13	Jul'13	Apr'13	Jan'13	Oct'12	Jul'12	Apr'12	Jan'12	Oct'11	Jul'11	Apr'11	Jan'11	Oct'10	Jul'10	Apr'10	Jan'10	Jul'09
Revenues
1,612	1,648	1,647	1,594	1,607	1,648	1,624	1,580	1,588	1,498	1,318	1,310	1,326	1,322	1,296	1,257	1,268	1,277	1,249	1,176	1,194	915	1,276	1,231	1,226	1,236	1,216	1,173	1,182	1,090	1,079	1,057	1,073	1,081	1,076	1,060	1,029	901	869	855	869	870
Operating expenses
1,433	1,453	1,454	1,414	1,446	1,465	1,446	1,405	1,429	1,337	1,184	1,164	1,195	1,173	1,161	1,127	1,141	1,110	1,156	1,052	1,073	803	1,144	1,103	1,108	1,101	1,095	1,048	1,067	968	971	947	966	959	952	944	924	803	776	771	782	782
Selling, general and administrative expenses
117	112	119	108	112	111	110	107	109	137	101	100	97	99	108	102	99	112	92	90	98	76	91	93	87	90	85	84	87	79	79	85	84	82	76	83	82	58	54	65	62	64
Restructuring and related expenses
3	2	2	2	3	3	2	5	14	4	5	5	5	9	3	8	7	10	2	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of intangible assets
12	13	14	14	15	16	16	16	16	14	6	5	5	6	5	6	6	6	6	6	6	6	6	6	6	7	7	7	7	5	5	5	5	5	6	5	5	3	2	2	2	2
Impairment recovery and gain on sale
-	-	-	-	-	-	-	-	-	-	1	17	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total expenses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,254	-	1,257	1,149	1,177	886	1,242	1,203	1,202	1,199	1,188	1,140	1,162	1,053	1,056	1,038	1,055	1,047	1,035	1,033	1,012	865	833	839	847	850
Operating profit
45	66	57	54	30	25	48	45	19	4	22	51	23	10	18	11	13	37	-7	27	16	29	33	27	23	37	28	33	19	36	23	18	17	33	40	26	16	35	35	15	22	20
Other-than-temporary impairment credit losses on auction rate security recognized in earnings
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-
Gross impairment losses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	3
Impairments recognized in other comprehensive income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-2
Income from unconsolidated affiliates
0	0	0	0	0	0	1	1	0	0	1	0	1	2	2	0	2	2	2	2	1	2	1	1	1	2	1	1	1	1	0	1	3	1	1	0	0	-	-	-	-	-
Interest expense
10	11	12	12	13	13	12	13	14	10	2	3	3	2	2	2	2	2	2	2	2	2	2	2	2	3	3	3	3	17	-2	-2	-2	-11	-4	-4	4	-8	1	1	1	1
Income from continuing operations before income taxes
36	54	45	42	17	13	36	32	5	-5	21	48	22	10	18	10	13	37	-7	26	15	28	32	26	22	36	26	31	17	35	21	17	18	31	37	23	13	34	34	14	20	-
Income tax provision
8	6	8	12	4	4	2	7	-22	-2	-11	17	5	1	-14	3	-0	14	-8	10	1	9	13	11	9	12	10	12	3	7	8	5	7	13	9	8	5	13	13	5	8	5
Income from continuing operations
27	48	36	29	13	8	33	25	28	-2	32	31	16	9	32	6	13	22	1	16	14	-	-	-	-	-	-	-	-	27	12	11	10	18	27	14	8	21	20	8	12	12
Income (loss) from discontinued operations, net of taxes
0	0	0	-0	-0	0	-0	1	-0	-1	0	-0	-72	-1	-1	-2	0	16	0	2	3	-	-	-	-	-	-	-	-	-0	-0	-0	-0	-0	0	-0	-0	0	-0	-0	-0	-0
Net income
28	47	36	29	13	9	33	26	27	-3	32	31	-56	7	31	4	14	38	1	18	17	27	19	15	13	24	16	19	13	27	12	11	10	18	27	14	8	21	20	8	12	12
Other comprehensive income (loss)
Interest rate swaps and other
-1	-4	-5	-3	-8	-0	-1	4	18	1	-0	0	1	0	-0	0	0	-	0	0	0	-	0	-0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Foreign currency translation
0	4	-4	-0	3	-3	-6	-4	9	-0	3	3	3	-9	-12	4	-8	-0	0	1	-2	-1	0	0	-0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income tax benefit
-0	-0	-1	-1	-2	0	-0	1	5	-	-0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Comprehensive income
27	48	28	26	9	6	26	25	50	-3	36	34	-51	-1	17	8	5	38	1	19	14	26	19	15	12	-	-	-	-	-	-	-	11	-	-	-	-	-	-	-	-	-
Net income per common share — Basic
Income from continuing operations (in usd per share)
0.42	0.72	0.55	0.45	0.20	0.14	0.51	0.38	0.42	-0.09	0.59	0.56	0.29	0.17	0.58	0.12	0.24	0.40	0.02	0.28	0.25	-	-	-	-	-	-	-	-	-	0.23	0.22	0.20	0.34	0.52	0.27	0.16	0.42	0.40	0.16	0.25	0.24
Income from discontinued operations (in usd per share)
0.00	0.00	0.00	0.00	0.00	0.01	0.00	0.02	0.00	0.02	0.00	-0.01	-1.30	-0.03	-0.03	-0.04	0.01	0.29	0.01	0.04	0.06	-	-	-	-	-	-	-	-	-	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net income (in usd per share)
0.42	0.71	0.55	0.45	0.20	0.15	0.51	0.40	0.42	-0.07	0.59	0.56	-1.01	0.14	0.55	0.08	0.25	0.69	0.03	0.32	0.31	0.51	0.34	0.27	0.23	0.44	0.29	0.35	0.25	0.51	0.23	0.22	0.20	0.34	0.52	0.27	0.16	0.42	0.40	0.16	0.25	0.24
Net income per common share — Diluted
Income from continuing operations (in usd per share)
0.41	0.71	0.55	0.45	0.20	0.14	0.51	0.38	0.42	-0.08	0.58	0.56	0.28	0.15	0.58	0.12	0.24	0.39	0.02	0.28	0.25	-	-	-	-	-	-	-	-	-	0.23	0.21	0.20	0.34	0.51	0.26	0.16	0.41	0.40	0.16	0.24	0.24
Income from discontinued operations (in usd per share)
0.00	0.00	0.00	0.00	0.00	0.01	0.00	0.02	0.00	0.02	0.00	-0.01	-1.28	-0.02	-0.03	-0.04	0.00	0.28	0.01	0.04	0.06	-	-	-	-	-	-	-	-	-	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net income (in usd per share)
0.42	0.71	0.55	0.45	0.19	0.14	0.51	0.40	0.42	-0.06	0.58	0.55	-1.00	0.14	0.55	0.08	0.24	0.67	0.03	0.32	0.31	0.48	0.34	0.27	0.23	0.42	0.29	0.35	0.24	0.50	0.23	0.21	0.20	0.34	0.51	0.26	0.16	0.41	0.40	0.16	0.24	0.24
Weighted-average common and common equivalent shares outstanding
Basic (in shares)
66	66	66	66	66	66	66	66	65	62	56	56	56	56	56	56	56	56	56	56	56	56	56	56	55	55	55	54	54	54	54	53	53	53	53	53	52	52	52	52	51	51
Diluted (in shares)
67	67	67	66	66	66	66	66	66	63	56	56	56	56	56	56	57	57	57	57	57	57	57	57	57	56	56	55	55	55	55	54	54	54	54	54	53	53	52	52	52	51
Dividends declared per common share (in usd per share)
-	-	-	-	-	-	-	-	0.17	-	0.17	0.17	0.17	0.16	0.16	0.16	0.16	0.16	0.16	0.16	0.16	0.15	0.15	0.15	0.15	0.15	0.15	0.15	0.15	0.14	0.14	0.14	0.14	0.14	0.14	0.14	0.14	0.13	0.13	0.13	0.13	0.13