ALLETE, Inc. ALE Income Statement

Allete, inc. (ALE)

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
Operating Revenues [Abstract]
Contracts with Customers - Utility
265,300	256,300	254,100	249,800	282,200	270,200	261,300	257,800	270,200	239,700	277,600	264,900	281,600	-	253,300	234,900	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Contracts with Customers - Non-utility
43,500	45,400	31,300	37,700	72,100	172,400	80,700	80,400	82,000	92,300	79,000	82,500	78,100	-	96,300	79,900	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other - Non-utility
2,800	2,900	2,900	2,900	2,900	5,700	6,000	5,900	6,000	5,900	5,900	5,900	5,900	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Operating Revenue
311,600	304,600	288,300	290,400	357,200	448,300	348,000	344,100	358,200	337,900	362,500	353,300	365,600	341,500	349,600	314,800	333,800	380,600	462,500	323,300	320,000	290,700	288,900	260,700	296,500	268,000	251,000	235,600	263,800	256,000	248,800	216,400	240,000	239,200	226,900	219,900	242,200	-	224,100	211,200	-	178,800	167,000
Operating Expenses [Abstract]
Fuel, Purchased Power and Gas - Utility
89,000	94,800	98,200	87,900	109,800	106,900	103,200	96,500	100,900	113,700	93,500	93,100	96,600	92,300	91,700	79,000	76,900	93,100	76,800	80,100	86,000	87,400	88,900	83,600	96,200	89,100	80,500	78,700	86,500	80,000	79,500	72,100	77,100	76,800	74,800	76,000	79,000	240,600	79,000	-74,300	79,800	69,800	56,800
Transmission Services - Utility
18,500	14,000	18,300	19,200	18,300	16,800	17,900	16,800	18,400	18,100	18,900	17,600	16,600	15,700	16,600	16,100	16,800	14,000	13,900	11,300	14,900	12,400	11,900	10,500	10,800	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cost of Sales - Non-utility
16,900	18,800	14,700	16,500	30,600	109,400	38,700	37,000	32,900	41,600	36,000	38,400	31,500	25,900	45,700	32,500	33,300	61,100	149,800	52,300	31,200	18,700	16,800	18,900	23,500	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating and Maintenance
61,000	63,300	58,100	66,700	76,200	86,900	80,300	86,800	86,500	92,700	81,100	85,900	84,400	100,000	80,800	82,000	78,100	87,100	81,300	85,400	79,700	72,800	65,700	74,300	74,300	-43,500	102,700	103,800	104,700	102,300	98,700	96,200	99,900	104,900	90,500	95,700	90,100	273,500	89,800	-85,400	87,700	67,500	76,700
Depreciation and Amortization
53,400	50,400	49,500	50,200	51,900	52,200	51,500	56,100	45,800	26,000	50,900	50,100	50,500	50,100	48,900	48,700	48,100	46,500	43,200	41,300	39,000	36,200	33,400	33,900	32,200	30,300	29,400	28,700	28,200	25,800	25,000	24,800	24,600	23,300	22,700	22,100	22,300	60,300	20,000	-19,800	20,000	16,100	15,500
Taxes Other than Income Taxes
12,600	13,500	12,500	13,700	13,600	14,100	13,100	14,400	16,300	14,200	14,100	14,200	14,400	13,200	12,500	14,300	13,800	12,900	12,300	13,400	12,800	11,700	11,400	11,300	11,200	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Operating Expenses
251,400	254,800	251,300	254,200	300,400	384,300	304,700	307,600	300,800	305,600	294,500	299,300	294,000	286,900	296,200	272,600	267,000	351,000	377,300	283,800	263,600	239,200	228,100	232,500	248,200	221,100	212,600	211,200	219,400	208,100	203,200	193,100	201,600	205,000	188,000	193,800	191,400	215,400	188,800	179,500	187,500	153,400	149,000
Prior Year Rate Refunds
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-2,300
Total Operating Revenue
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	233,600	178,800	164,700
Operating Income
60,200	49,800	37,000	36,200	56,800	64,000	43,300	36,500	57,400	32,300	68,000	54,000	71,600	54,600	53,400	42,200	66,800	29,600	85,200	39,500	56,400	51,500	60,800	28,200	48,300	46,900	38,400	24,400	44,400	47,900	45,600	23,300	38,400	34,200	38,900	26,100	50,800	22,700	35,300	31,700	46,100	25,400	15,700
Other Income (Expense) [Abstract]
Interest Expense
15,700	16,000	16,100	16,300	16,500	16,300	17,600	17,100	16,900	17,300	16,600	16,700	17,200	17,300	18,700	17,400	16,900	15,900	17,700	16,200	15,100	15,300	13,200	13,500	12,800	12,500	12,700	12,800	12,300	12,100	12,300	10,100	11,000	11,000	10,900	11,000	10,700	11,100	9,700	9,500	8,900	8,300	8,400
Equity Earnings
5,200	6,400	4,900	4,800	5,600	4,500	4,000	4,300	4,700	5,200	5,900	5,300	6,100	3,500	6,100	4,100	4,800	2,200	5,500	4,700	3,900	4,000	5,300	5,200	5,100	5,200	4,900	5,000	5,200	5,100	4,900	4,800	4,600	4,700	4,700	4,600	4,400	4,500	4,500	4,400	4,500	4,400	4,300
Gain on Sale of U.S. Water Services
0	3,000	0	500	20,100	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other
1,000	4,100	3,000	4,200	7,400	2,100	1,400	2,200	2,100	1,300	1,800	1,600	1,600	7,600	1,200	600	1,000	1,200	1,700	700	1,100	2,600	2,100	1,900	2,000	1,800	3,300	1,500	2,700	2,600	1,500	1,200	700	2,100	500	1,000	800	800	600	2,200	1,000	800	1,900
Total Other Income (Expense)
-9,500	-2,500	-8,200	-6,800	16,600	-9,700	-12,200	-10,600	-10,100	-10,800	-8,900	-9,800	-9,500	-6,200	-11,400	-12,700	-11,100	-12,500	-10,500	-10,800	-10,100	-8,700	-5,800	-6,400	-5,700	-5,500	-4,500	-6,300	-4,400	-4,400	-5,900	-4,100	-5,700	-4,200	-5,700	-5,400	-5,500	-5,800	-4,600	-2,900	-3,400	-3,100	-2,200
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest
50,700	47,300	28,800	29,400	73,400	54,300	31,100	25,900	47,300	21,500	59,100	44,200	62,100	48,400	42,000	29,500	55,700	17,100	74,700	28,700	46,300	42,800	55,000	21,800	42,600	41,400	33,900	18,100	40,000	43,500	39,700	19,200	32,700	30,000	33,200	20,700	45,300	16,900	30,700	28,800	42,700	22,300	13,500
Income Tax Expense (Benefit)
-13,800	-2,300	-2,400	-4,800	2,900	-6,800	400	-5,400	-3,700	-19,900	14,200	7,300	13,100	4,100	1,700	4,700	9,300	-1,700	14,400	6,400	6,200	9,600	13,400	4,900	8,800	8,400	8,700	4,100	7,500	14,600	10,300	4,800	8,300	10,900	12,700	3,800	8,200	3,800	11,200	9,400	19,900	6,500	4,200
Net Income
64,500	-	-	-	70,500	-	-	-	-	-	-	-	-	44,300	40,300	24,800	46,400	18,800	60,300	22,300	40,100	33,200	41,600	16,900	33,800	33,000	25,200	14,000	32,500	28,900	29,400	14,400	24,400	19,100	20,500	16,900	37,100	13,100	19,500	19,400	22,800	15,800	9,300
Net Loss Attributable to Non-Controlling Interest
-1,800	-	-	-	0	-	-	-	-	-	-	-	-	0	0	0	500	500	-100	-200	200	300	0	100	300	0	0	0	0	-	-	-	-	0	0	-100	-100	-200	-100	0	-200	-200	-100
Net Income Attributable to ALLETE
66,300	49,700	31,200	34,200	70,500	61,100	30,700	31,300	51,000	41,400	44,900	36,900	49,000	44,300	40,300	24,800	45,900	18,300	60,400	22,500	39,900	32,900	41,600	16,800	33,500	33,000	25,200	14,000	32,500	-	-	-	-	19,100	20,500	17,000	37,200	13,300	19,600	19,400	23,000	16,000	9,400
Earnings Per Share [Abstract]
Basic (Shares)
51,700	51,500	51,700	51,600	51,600	51,300	51,400	51,300	51,200	51,100	51,000	50,900	50,200	49,300	49,400	49,300	49,200	48,900	48,800	48,600	46,900	45,200	42,900	42,100	41,400	40,700	39,800	39,400	38,900	38,600	37,700	37,300	36,800	36,000	35,600	35,000	34,600	34,500	34,400	34,100	33,800	32,800	31,800
Diluted (Shares)
51,800	51,600	51,800	51,700	51,700	51,500	51,600	51,500	51,400	51,300	51,200	51,100	50,400	49,800	49,500	49,500	49,200	48,900	48,900	48,700	47,100	45,600	42,900	42,300	41,600	40,700	39,900	39,600	39,000	38,300	37,800	37,400	36,900	36,100	35,700	35,100	34,700	34,700	34,500	34,200	33,800	32,900	31,800
Basic Earnings Per Share of Common Stock
1.28	0.96	0.60	0.66	1.37	1.19	0.59	0.61	1.00	0.81	0.88	0.73	0.97	0.90	0.82	0.50	0.93	0.37	1.24	0.46	0.85	0.73	0.97	0.40	0.81	0.82	0.63	0.36	0.83	0.76	0.78	0.39	0.66	0.53	0.57	0.49	1.07	0.38	0.57	0.57	0.68	0.49	0.29
Diluted Earnings Per Share of Common Stock
1.28	0.96	0.60	0.66	1.37	1.19	0.59	0.61	0.99	0.81	0.88	0.72	0.97	0.90	0.81	0.50	0.93	0.38	1.23	0.46	0.85	0.73	0.97	0.40	0.80	0.82	0.63	0.35	0.83	0.75	0.78	0.39	0.66	0.53	0.57	0.48	1.07	0.38	0.56	0.57	0.68	0.49	0.29
Dividends Per Share of Common Stock
-	-	-	-	-	-	-	-	-	-	0.53	0.53	0.53	-	0.52	0.52	0.52	0.50	0.50	0.50	0.50	0.49	0.49	0.49	0.49	0.47	0.47	0.47	0.47	0.46	0.46	0.46	0.46	0.44	0.44	0.44	0.44	0.44	0.44	0.44	0.44	0.44	0.44