Alexander & baldwin, inc. (ALEX)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10
Operating Revenue:
Agribusiness

-

-

-

-

-

-

146,100

182,300

157,500

165,600

Revenues

435,200

644,400

425,500

387,500

472,800

456,300

365,200

261,500

235,100

261,800

Operating Costs and Expenses:
Cost of agribusiness revenue

-

-

-

-

-

-

136,800

161,000

135,000

164,200

Selling, general and administrative

58,900

61,200

66,400

52,000

51,600

52,900

41,200

37,700

32,700

37,300

REIT evaluation/conversion costs

0

0

15,200

9,500

0

0

-

-

-

-

Gain on the sale of agricultural parcel

-

-

-

-

-

-

-

-

0

0

Gain on charitable donation of appreciated land

-

-

-

-

-

-

-

9,400

0

0

Impairment of real estate assets

49,700

79,400

22,400

11,700

0

0

-

5,100

0

0

Separation/acquisition costs

-

-

-

-

-

-

4,600

6,800

0

0

Total operating costs and expenses

449,500

523,000

406,000

341,700

378,800

379,600

325,300

237,500

215,300

260,700

Gain (loss) on the sale of commercial real estate properties

0

51,400

9,300

8,100

-

-

-

-

-

-

Operating Income (Loss)

-14,300

172,800

28,800

53,900

94,000

76,700

39,900

24,000

19,800

1,100

Other Income and (Expenses):
Agriculture disaster relief payment

-

-

-

-

-

-

-

-

-

4,900

Income (loss) related to joint ventures

5,300

-4,100

7,200

19,200

36,800

1,800

4,300

-4,400

-1,800

4,600

Gain on insurance proceeds

-

-

-

-

-

-

2,400

0

0

-

Impairment and equity losses related to joint ventures

-

-

-

-

-

-

6,600

4,700

0

0

Impairment of equity method investment

0

188,600

0

0

2,600

14,700

0

0

-

-

Interest and other income (expense), net

3,200

2,300

-500

-1,700

-2,500

6,100

2,700

100

300

2,700

Interest expense

33,100

35,300

25,600

26,300

26,800

29,000

19,100

14,900

17,100

17,300

Income (Loss) from Continuing Operations Before Income Taxes

-38,900

-52,900

9,900

35,300

98,900

40,900

23,600

100

1,200

-4,000

Income tax benefit (expense)

-2,000

16,300

-218,200

2,600

37,000

4,100

11,100

-5,900

1,000

-1,700

Income (Loss) from Continuing Operations

-36,900

-69,200

228,100

32,700

61,900

-

-

-

-

-

Net gain (loss) on the sale of improved properties and ground leased land

-

-

-

-

-1,100

0

-

7,300

-

-

Income (Loss) from Continuing Operations

-

-

-

-

60,800

36,800

12,500

6,000

200

-

Income (loss) from discontinued operations, net of income taxes

-1,500

-600

2,400

-41,100

-29,700

27,700

22,300

12,800

23,300

-

Net Income (Loss)

-38,400

-69,800

230,500

-8,400

31,100

64,500

34,800

18,800

-

-

Loss (income) attributable to noncontrolling interest

-2,000

2,200

2,200

1,800

1,500

3,100

500

0

0

-

Net Income

-

-

-

-

-

-

-

-

23,500

-

Net Income (Loss) Attributable to A&B Shareholders

-36,400

-72,000

228,300

-10,200

29,600

61,400

34,300

18,800

23,500

33,100

Earnings (Loss) Per Share Available to A&B Shareholders:
Continuing operations available to A&B shareholders (in dollars per share)

-0.49

-1.01

4.63

0.66

1.15

0.69

0.27

0.14

0.00

-0.05

Discontinued operations available to A&B shareholders (in dollars per share)

-0.02

-0.01

0.05

-0.84

-

0.57

0.50

0.30

0.55

0.83

Net income (loss) available to A&B shareholders (in dollars per share)

-0.51

-1.02

4.68

-0.18

0.54

1.26

0.77

0.44

0.55

0.78

Diluted Earnings (Loss) Per Share of Common Stock:
Continuing operations available to A&B shareholders (in dollars per share)

-0.49

-1.01

4.30

0.65

1.14

0.68

0.26

0.14

0.00

-0.05

Discontinued operations available to A&B shareholders (in dollars per share)

-0.02

-0.01

0.04

-0.83

-

0.57

0.50

0.30

0.55

0.83

Net income (loss) available to A&B shareholders (in dollars per share)

-0.51

-1.02

4.34

-0.18

0.54

1.25

0.76

0.44

0.55

0.78

Weighted-Average Number of Shares Outstanding:
Basic (in shares)

72,200

70,600

49,200

49,000

48,900

48,700

44,400

42,600

42,400

42,400

Diluted (in shares)

72,200

70,600

53,000

49,400

49,300

49,300

45,100

42,900

42,400

42,400

Amounts Available to A&B Common Shareholders (Note 17):
Continuing operations available to A&B common shareholders

-35,100

-71,400

227,700

32,200

56,200

33,700

12,000

-

-

-

Discontinued operations available to A&B common shareholders

-1,500

-600

2,400

-41,100

-29,700

27,700

22,300

12,800

23,300

-

Net income (loss) available to A&B common shareholders

-36,600

-72,000

230,100

-8,900

26,500

61,400

34,300

-

-

-

Income from continuing operations, net of tax

-

-

-

-

-

-

-

6,000

200

-2,300

Discontinued operations, net of tax

-

-

-

-

-

-

-

12,800

23,300

35,400

Net Income Attributable to A&B

-36,400

-72,000

228,300

-10,200

29,600

-

-

18,800

23,500

33,100

Commercial Real Estate
Commercial Real Estate

160,600

140,300

136,900

134,700

133,600

125,300

78,800

64,200

63,300

82,400

Land Operations
Revenues

114,100

289,500

84,500

61,900

120,200

96,700

85,400

15,000

14,300

13,800

Operating costs

92,500

117,100

60,400

35,000

71,100

57,400

46,700

5,200

8,700

6,800

Materials & Construction
Revenues

160,500

214,600

204,100

190,900

219,000

234,300

54,900

0

0

-

Operating costs

159,400

188,100

166,100

154,500

175,700

191,300

47,600

0

0

-

Commercial Real Estate Segment [Member]
Cost of Commercial Real Estate

89,000

77,200

75,500

79,000

80,400

78,000

48,400

38,400

38,900

52,400

12-megawatt Solar Farm and Photovoltaic Facilities [Member]
Impairment of equity method investment

-

-

-

9,800

-

-

-

-

-

-