ARTHUR J. GALLAGHER & CO. AJG Income Statement

Arthur j. gallagher & co. (AJG)

Income statement / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10	Sep'09	Jun'09
Revenues before reimbursements
1,829,200	1,683,600	1,790,500	1,624,800	1,957,500	1,623,300	1,741,200	1,625,000	1,802,900	1,485,500	1,559,900	1,454,300	1,613,300	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total revenues
1,866,900	1,721,400	1,825,200	1,657,800	1,990,600	1,657,400	1,778,500	1,660,400	1,837,700	1,519,400	1,593,700	1,489,500	1,646,400	1,470,700	1,482,300	1,427,100	1,300,400	1,334,900	1,454,800	1,371,400	1,231,300	1,245,400	1,286,800	1,179,300	915,000	890,200	835,800	779,500	674,100	673,200	650,400	649,900	546,800	578,400	562,800	546,100	447,400	459,100	463,200	459,500	482,400	439,500	453,600
Compensation
896,200	857,400	838,700	806,300	837,100	760,100	765,700	724,700	775,800	688,200	680,500	666,900	711,800	657,500	626,600	631,000	622,100	633,700	604,900	615,100	575,200	606,700	564,600	530,000	466,300	473,100	412,500	415,500	383,900	411,000	373,900	364,100	344,400	361,000	345,200	324,800	295,100	299,000	280,500	275,800	262,200	263,200	270,400
Operating
257,700	280,300	268,000	257,700	262,500	237,100	227,700	222,800	216,100	216,400	209,000	204,200	199,500	177,600	189,600	204,600	204,500	222,000	208,100	207,100	203,500	217,800	197,300	179,200	148,800	131,200	133,100	137,800	133,800	129,600	121,600	123,700	108,300	106,300	110,500	108,200	94,000	101,200	84,800	87,400	81,200	83,700	79,100
Cost of revenues from clean coal activities
185,400	280,900	397,400	292,000	382,500	434,200	508,800	441,800	431,200	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest
50,500	48,100	46,600	44,900	40,200	36,500	36,700	33,900	31,300	31,200	31,400	31,600	29,900	28,300	28,500	27,200	25,800	25,800	25,600	26,000	25,600	25,700	25,900	21,200	16,200	13,900	13,100	11,900	11,200	10,900	10,700	10,800	10,600	10,400	10,300	10,600	9,500	8,700	8,600	8,700	8,600	6,800	7,000
Depreciation
36,800	36,000	35,100	35,300	34,000	33,000	33,400	30,800	30,600	30,900	30,500	30,200	29,500	27,200	25,700	26,000	24,700	25,800	23,800	22,800	21,500	19,400	18,600	16,600	14,800	15,200	14,300	13,100	10,800	10,800	10,700	10,200	9,700	9,300	9,400	9,100	8,100	8,300	8,300	8,000	7,700	7,700	7,500
Amortization
135,600	93,600	84,200	79,700	76,500	76,800	72,800	73,400	68,200	65,700	69,600	65,100	64,300	62,100	63,200	62,600	59,300	68,000	58,100	59,500	54,700	54,200	54,300	42,900	38,100	35,100	30,800	29,700	29,600	25,900	25,800	26,200	21,100	24,600	20,000	18,300	16,400	15,800	14,500	16,600	13,900	13,800	14,100
Change in estimated acquisition earnout payables
-89,000	3,300	5,700	3,400	2,900	2,400	5,800	-6,000	7,400	3,400	10,600	5,100	11,800	10,900	4,100	13,200	3,900	14,700	9,700	5,600	10,600	900	4,500	7,000	5,100	200	-400	-2,500	4,400	2,400	3,700	-5,200	2,500	-200	-4,300	-2,500	800	300	-3,900	-900	1,900	1,200	1,400
Total expenses
1,510,900	1,637,400	1,710,400	1,552,300	1,668,800	1,614,200	1,688,200	1,556,800	1,595,400	1,490,200	1,516,800	1,435,400	1,446,800	1,425,200	1,387,400	1,289,600	1,244,700	1,306,500	1,349,100	1,242,900	1,200,400	1,215,900	1,191,400	1,067,400	860,300	824,400	750,300	682,100	631,800	627,800	574,100	558,800	514,300	531,000	491,800	480,200	423,900	433,300	392,800	395,600	439,500	376,400	379,500
Earnings before income taxes
356,000	84,000	114,800	105,500	321,800	43,200	90,300	103,600	242,300	29,200	76,900	54,100	199,600	45,500	94,900	137,500	55,700	28,400	105,700	128,500	30,900	29,500	95,400	111,900	54,700	65,800	85,500	97,400	42,300	45,400	76,300	91,100	32,500	47,400	71,000	65,900	23,500	25,800	70,400	63,900	42,900	63,100	74,100
Provision (benefit) for income taxes
600	-21,600	-22,300	-15,900	-29,900	-84,600	-48,100	-20,100	-43,700	-49,300	-41,200	-24,200	-42,400	-40,800	-35,500	-18,200	-2,200	-39,800	-35,200	-19,100	-1,500	-25,200	-5,900	-1,800	-3,100	-10,200	10,900	3,900	1,800	11,900	14,600	19,400	4,400	6,900	24,300	24,200	8,300	-20,200	24,200	22,000	13,700	21,500	30,300
Net earnings
355,400	105,600	137,100	121,400	351,700	127,800	138,400	123,700	286,000	78,500	118,100	78,300	242,000	86,300	130,400	155,700	57,900	68,200	140,900	147,600	32,400	54,700	101,300	113,700	57,800	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net earnings attributable to noncontrolling interests
9,100	7,100	11,000	11,300	17,600	10,500	10,800	8,800	12,300	7,000	7,100	8,300	13,200	8,800	7,600	5,700	11,400	5,900	7,600	8,300	10,500	3,200	7,700	4,700	8,500	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Earnings (loss) from continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	46,200	41,900	-	41,600	43,800
Earnings from discontinued operations before income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,000	-	-	-
Benefit for income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	900	-	-	-
Earnings from discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,100	-	-	-
Net earnings attributable to controlling interests
346,300	98,500	126,100	110,100	334,100	117,300	127,600	114,900	273,700	71,500	111,000	70,000	228,800	77,500	122,800	150,000	46,500	62,300	133,300	139,300	21,900	51,500	93,600	109,000	49,300	60,000	74,600	93,500	40,500	33,500	61,700	71,700	28,100	40,500	46,700	41,700	15,200	54,700	46,200	44,000	29,200	41,600	43,800
Earnings from continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.44	0.40	-	0.41	0.44
Earnings from discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.02	-	-	-
Basic net earnings per share
1.83	0.52	0.68	0.59	1.81	0.63	0.70	0.63	1.51	0.39	0.61	0.39	1.28	0.43	0.69	0.85	0.26	0.36	0.76	0.82	0.13	0.32	0.58	0.71	0.37	0.46	0.57	0.73	0.32	0.27	0.50	0.60	0.24	0.36	0.41	0.38	0.14	0.52	0.44	0.42	0.28	0.41	0.44
Earnings from continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.44	0.40	-	0.41	0.44
Earnings from discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.02	-	-	-
Diluted net earnings per share
1.79	0.51	0.66	0.58	1.77	0.62	0.68	0.62	1.48	0.37	0.61	0.39	1.27	0.43	0.69	0.84	0.26	0.37	0.75	0.81	0.13	0.33	0.58	0.70	0.36	0.44	0.57	0.73	0.32	0.26	0.50	0.59	0.24	0.36	0.41	0.37	0.14	0.52	0.44	0.42	0.28	0.41	0.44
Dividends declared per common share
0.45	0.43	0.43	0.43	0.43	0.41	0.41	0.41	0.41	0.39	0.39	0.39	0.39	0.38	0.38	0.38	0.38	0.37	0.37	0.37	0.37	0.36	0.36	0.36	0.36	0.35	0.35	0.35	0.35	0.34	0.34	0.34	0.34	0.33	0.33	0.33	0.33	0.32	0.32	0.32	0.32	0.32	-
Commissions [Member]
Total revenues
1,017,200	792,600	809,900	777,700	940,400	685,700	707,600	688,000	839,400	624,200	637,900	618,200	760,700	567,600	612,900	663,400	566,000	590,100	594,600	634,300	519,700	559,500	572,500	539,500	411,500	426,300	399,100	400,900	326,800	339,800	346,000	344,700	272,000	297,700	308,000	296,000	225,700	244,200	251,900	257,000	204,200	237,000	249,700
Broker Fees [Member]
Total revenues
507,300	491,600	490,100	464,700	464,700	433,300	452,700	422,200	448,100	383,800	416,200	386,900	405,000	403,900	375,000	374,600	338,200	381,100	360,700	367,300	323,200	346,000	337,700	317,400	257,200	280,900	270,000	268,900	239,700	265,700	248,200	242,200	215,600	241,400	225,100	214,700	189,000	204,900	185,700	179,400	165,000	188,900	186,900
Supplemental Revenue Member [Member]
Total revenues
59,000	57,100	49,800	46,900	56,700	45,900	43,900	48,100	52,000	38,000	36,900	35,800	47,300	33,100	35,300	38,600	32,900	34,600	29,200	34,800	26,900	26,500	24,200	27,900	25,400	23,900	17,800	18,300	17,300	17,600	16,600	16,600	17,100	14,000	14,500	14,000	13,500	12,100	10,200	10,600	27,900	10,300	11,800
Contingent Revenue [Member]
Total revenues
45,100	27,700	30,400	29,500	48,000	15,600	25,700	21,800	34,900	21,400	21,800	21,300	35,000	1,200	16,400	25,100	55,200	11,900	14,500	22,800	44,500	16,300	14,400	21,800	32,200	8,600	6,500	14,500	22,500	5,900	7,700	10,300	19,000	3,500	9,900	7,900	16,800	3,100	9,500	8,700	15,500	-	-
Investment income [Member]
Total revenues
18,600	25,000	24,000	19,600	18,300	22,900	18,000	15,800	13,400	16,100	15,900	14,400	12,300	17,200	13,600	12,500	10,300	15,700	13,100	12,300	13,100	18,200	18,400	3,400	1,300	2,600	2,600	1,600	1,300	2,400	2,700	3,100	2,200	1,400	2,600	2,200	1,900	-	-	-	-	1,400	1,700
Gains On Divestitures [Member]
Total revenues
200	13,000	3,300	1,900	57,100	600	600	6,100	2,900	300	600	1,100	1,400	1,900	1,100	1,400	2,200	-300	2,600	3,500	900	4,700	900	700	1,000	1,900	0	2,900	400	2,500	700	0	700	1,100	800	2,500	1,100	-4,500	5,400	2,700	2,300	1,700	3,300
Clean Coal Activities [Member]
Total revenues
181,800	276,600	386,000	284,400	372,300	419,300	492,400	422,400	412,200	401,700	430,600	376,400	351,800	314,100	429,300	311,900	294,800	301,800	408,100	297,000	303,900	279,100	321,200	262,800	166,400	148,400	134,900	72,200	57,000	39,300	28,400	31,800	20,100	19,200	1,900	9,200	-1,100	-500	1,000	2,400	62,700	-	-
Cost of revenues from clean coal activities
-	-	-	-	-	-	-	-	-	-	451,400	397,100	366,900	329,500	449,700	325,000	304,400	316,500	418,900	306,800	309,300	291,200	326,200	270,500	171,000	155,700	146,900	76,600	58,100	37,200	27,700	29,000	17,700	-	700	11,700	-	0	0	0	64,000	-	-
Other net gains [Member]
Total revenues
-	-	-3,000	100	-	-	300	600	-	-	-	200	-200	-400	-1,300	-400	800	0	32,000	-600	-900	-4,900	-2,500	5,800	20,000	-2,400	4,900	200	9,100	0	100	1,200	100	100	0	-400	500	-7,100	-500	-1,300	4,800	200	200
Reimbursements [Member]
Total revenues
37,700	37,800	34,700	33,000	33,100	34,100	37,300	35,400	34,800	33,900	33,800	35,200	33,100	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-