Alexander & baldwin, inc. (ALEX)
Income statement / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Sep'11Jun'11
Operating Revenue:
Agribusiness

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

140,200

130,600

144,300

146,100

155,000

187,000

183,400

182,300

158,500

134,000

0

0

0

Revenues

386,600

435,200

627,200

657,500

660,500

644,400

467,500

459,600

445,600

425,500

414,000

405,400

389,300

387,500

300,000

341,800

413,500

472,800

510,500

519,200

512,200

456,300

599,800

511,200

427,100

365,200

217,200

243,700

253,200

261,500

266,500

248,400

0

0

0

Operating Costs and Expenses:
Cost of agribusiness revenue

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

148,400

130,100

135,800

136,800

139,600

163,800

161,700

161,000

134,800

111,000

0

0

0

Selling, general and administrative

57,200

58,900

61,500

62,800

61,700

61,200

63,200

67,000

66,700

66,400

57,300

53,600

50,100

52,000

52,900

50,800

53,600

51,600

56,400

55,900

54,100

52,900

53,600

51,100

46,000

41,200

41,200

38,100

38,300

37,700

29,300

30,100

0

0

0

Goodwill, Impairment Loss

-

-

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

REIT evaluation/conversion costs

-

-

-

-

-

-

-

-

-

15,200

17,100

14,600

14,300

9,500

3,800

0

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on the sale of agricultural parcel

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

0

-

Impairment of real estate assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

0

0

Separation/acquisition costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6,800

6,800

6,100

0

0

0

Grace acquisition costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

0

0

-

-

0

0

-

-

-

Total operating costs and expenses

404,400

449,500

565,600

532,600

532,900

523,000

447,800

444,100

426,500

406,000

373,000

358,800

344,600

341,700

228,700

275,500

335,500

378,800

422,300

429,500

421,000

379,600

527,500

450,300

380,900

325,300

207,100

218,900

231,700

237,500

231,000

218,000

0

0

0

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

500

0

1,600

1,600

1,800

51,400

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating Income (Loss)

-17,300

-14,300

63,200

126,500

129,400

172,800

78,800

74,600

78,000

28,800

49,100

54,700

52,800

53,900

71,300

66,300

78,000

94,000

88,200

89,700

91,200

76,700

72,300

60,900

46,200

39,900

10,100

24,800

21,500

24,000

35,500

30,400

0

0

0

Other Income and (Expenses):
Income (loss) related to joint ventures

5,800

5,300

-4,300

-2,200

1,200

-4,100

6,000

5,800

3,300

7,200

23,200

19,000

18,400

19,200

9,600

12,400

14,900

36,800

32,200

30,800

27,400

1,800

2,800

2,000

2,200

4,300

1,100

-600

-2,300

-4,400

-4,700

-4,100

0

0

0

Gain on insurance proceeds

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

0

-

-

-

0

-

-

-

-

Impairment and equity losses related to joint ventures

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

0

-

-

-

0

0

-

0

0

Impairment of equity method investment

-

-

-

-

-

-

-

-

-

0

-7,100

-7,300

2,000

0

10,600

10,500

2,500

2,600

1,300

16,300

14,800

14,700

15,100

0

0

-

0

-

-

-

-

-

-

-

-

Interest and other income (expense), net

1,800

3,200

3,000

6,100

4,700

2,300

1,000

-2,900

-1,600

-500

-2,800

-2,100

-1,800

-1,700

-1,500

-1,600

-2,300

-2,500

4,300

5,000

5,600

6,100

3,600

3,700

3,400

2,700

1,600

400

0

-

0

0

-

-

-

Gain on sale of investment and other

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

Interest income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

Interest expense

31,800

33,100

34,300

35,200

36,000

35,300

33,500

30,500

27,800

25,600

24,700

25,000

25,600

26,300

26,700

26,800

26,600

26,800

27,600

28,300

28,900

29,000

29,000

26,000

22,700

19,100

14,900

14,300

14,400

14,900

16,100

16,700

0

0

0

Total other income and (expenses)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income (Loss) from Continuing Operations Before Income Taxes

-41,500

-38,900

-161,000

-93,400

-89,300

-52,900

54,900

49,200

53,900

9,900

34,000

36,100

32,000

35,300

50,200

47,800

61,500

98,900

95,800

80,900

80,500

40,900

35,700

36,400

24,900

23,600

-7,300

10,400

200

100

10,000

7,600

0

0

0

Income tax benefit (expense)

-900

-2,000

17,000

18,000

17,900

16,300

-226,400

-223,700

-220,100

-218,200

8,000

5,300

2,100

2,600

11,600

14,400

21,100

37,000

38,100

19,400

18,900

4,100

1,300

15,600

11,700

11,100

-4,900

-2,800

-5,900

-5,900

1,300

5,000

0

0

0

Income (Loss) from Continuing Operations

-

-

-

-

-

-

-

-

-

228,100

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

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

-

-

-

-

-

-

-

-

-

-

0

0

8,000

-

5,100

5,000

-3,000

-1,100

0

0

0

-

-

0

0

-

-

-

-

-

-

-

-

-

-

HC&S cessation costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income (Loss) from Continuing Operations

0

-

0

0

0

-

0

0

0

-

0

0

33,500

-

0

0

0

-

-

-

-

36,800

34,400

20,800

13,200

12,500

0

0

0

-

-

-

-

-

-

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

-900

-1,500

-1,200

-1,300

-1,300

-600

-200

-800

-100

2,400

-10,600

-23,400

-27,900

-41,100

0

0

0

-

-

-

-

27,700

42,400

49,600

52,000

22,300

0

0

0

-

-

-

-

-

-

Net Income (Loss)

-41,500

-38,400

-179,200

-112,700

-108,500

-69,800

278,100

269,100

270,900

230,500

19,000

11,000

5,600

-8,400

-20,900

-12,500

-1,800

31,100

51,100

54,900

55,000

64,500

76,800

70,400

65,200

34,800

0

0

0

-

-

-

-

-

-

Loss (income) attributable to noncontrolling interest

-2,300

-2,000

-1,000

900

1,800

2,200

1,900

1,600

1,600

2,200

2,400

2,400

2,000

1,800

1,400

1,200

1,400

1,500

2,300

2,600

3,300

3,100

2,500

1,900

900

500

0

0

0

-

-

-

-

-

-

Net Income (Loss) Attributable to A&B Shareholders

-39,200

-36,400

-178,200

-113,600

-110,300

-72,000

276,200

267,500

269,300

228,300

16,600

8,600

3,600

-10,200

-22,300

-13,700

-3,200

29,600

48,800

52,300

51,700

61,400

74,300

68,500

64,300

34,300

21,400

30,400

21,000

18,800

16,200

15,100

0

0

0

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

0.09

0.08

-0.69

-0.01

0.13

-1.96

0.21

0.03

0.71

4.31

0.15

0.08

0.09

0.27

0.25

0.06

0.08

-

-

-

-

0.28

0.21

0.19

0.01

0.26

-0.06

0.06

0.01

-0.07

0.30

-0.10

0.01

0.00

0.16

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

0.00

-0.01

0.00

0.00

-0.01

-0.01

0.00

0.00

0.00

0.00

-0.02

0.02

0.05

-0.26

-0.28

-0.07

-0.23

-

-

-

-

-0.14

0.00

0.00

0.71

0.18

0.16

0.05

0.11

0.23

0.01

0.00

0.06

0.10

0.13

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

0.09

0.07

-0.69

-0.01

0.12

-1.97

0.21

0.03

0.71

4.31

0.13

0.10

0.14

0.01

-0.03

-0.01

-0.15

-0.29

0.11

0.20

0.52

0.14

0.21

0.19

0.72

0.44

0.10

0.11

0.12

0.16

0.31

-0.10

0.07

0.10

0.29

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

0.09

0.08

-0.69

-0.01

0.13

-1.90

0.20

0.03

0.66

3.99

0.15

0.07

0.09

0.27

0.24

0.06

0.08

-

-

-

-

0.27

0.21

0.19

0.01

0.25

-0.06

0.06

0.01

-0.07

0.30

-0.10

0.01

0.00

0.16

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

0.00

-0.01

0.00

0.00

-0.01

-0.01

0.00

0.00

0.00

-0.01

-0.02

0.02

0.05

-0.27

-0.27

-0.07

-0.22

-

-

-

-

-0.13

0.00

0.00

0.70

0.18

0.16

0.05

0.11

0.23

0.01

0.00

0.06

0.10

0.13

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

0.09

0.07

-0.69

-0.01

0.12

-1.91

0.20

0.03

0.66

3.98

0.13

0.09

0.14

0.00

-0.03

-0.01

-0.14

-0.28

0.11

0.20

0.51

0.14

0.21

0.19

0.71

0.43

0.10

0.11

0.12

0.16

0.31

-0.10

0.07

0.10

0.29

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

72,300

72,200

72,300

72,200

72,100

72,000

72,000

72,000

66,400

49,300

49,200

49,200

49,100

49,100

49,000

49,000

48,900

49,000

48,900

48,900

48,800

48,600

48,800

48,700

48,700

48,400

43,100

43,100

43,000

43,000

42,600

42,400

42,400

42,400

-

Diluted (in shares)

72,500

71,800

72,300

72,200

72,500

65,500

72,400

72,300

72,200

63,200

49,600

49,600

49,600

49,500

49,400

49,400

49,300

49,100

49,400

49,400

49,300

49,400

49,300

49,300

49,200

49,300

43,800

43,700

43,600

43,500

43,300

42,400

42,400

42,400

-

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

-38,500

-35,100

-177,000

-112,300

-109,000

-71,400

277,000

269,400

270,700

227,700

28,800

33,500

32,900

32,200

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Discontinued operations available to A&B common shareholders

-900

-1,500

-1,200

-1,300

-1,300

-600

-200

-800

-100

2,400

-10,600

-23,400

-27,900

-41,100

0

0

0

-

-

-

-

27,700

42,400

49,600

52,000

22,300

0

0

0

-

-

-

-

-

-

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

-39,400

-36,600

-178,200

-113,600

-110,300

-72,000

276,800

268,600

270,600

230,100

18,200

10,100

5,000

-8,900

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income from continuing operations, net of tax

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-2,400

13,200

6,100

6,000

8,700

2,600

0

0

0

Discontinued operations, net of tax

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

23,800

17,200

14,900

12,800

7,500

12,500

0

0

0

Net Income Attributable to A&B

-39,200

-36,400

-178,200

-113,600

-110,300

-72,000

276,200

267,500

269,300

228,300

0

0

0

-

0

0

-

-

-

-

-

-

0

0

0

-

21,400

30,400

21,000

18,800

16,200

15,100

0

0

0

Cash dividends per share (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.06

0.06

-

-

0.05

0.05

0.05

-

0.04

0.04

0.04

-

0.00

0.00

0.00

-

-

-

-

-

-

Basic and Diluted (in shares)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

42,400

Commercial Real Estate
Commercial Real Estate

167,200

160,600

154,000

147,200

141,900

140,300

140,400

138,400

138,400

136,900

134,100

132,900

133,600

134,700

135,100

135,400

135,700

133,600

132,500

130,800

127,000

125,300

117,900

105,400

92,100

78,800

44,800

49,300

56,800

64,200

97,600

98,500

0

0

0

Net Income (Loss) Attributable to A&B Shareholders

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Land Operations
Revenues

76,600

114,100

299,300

314,800

309,200

289,500

111,400

110,000

102,800

84,500

78,000

73,500

66,900

61,900

62,000

63,800

94,000

120,200

144,100

142,400

128,100

96,700

113,800

105,700

85,700

85,400

17,400

7,400

13,000

15,000

10,400

15,900

0

0

0

Operating costs

61,100

92,500

118,600

130,100

126,700

117,100

98,300

92,600

81,800

60,400

46,400

41,600

37,200

35,000

41,500

41,300

56,000

71,100

88,200

86,900

78,800

57,400

59,600

57,500

46,500

46,700

4,600

1,400

4,300

5,200

4,900

8,000

0

0

0

Income (loss) related to joint ventures

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Materials & Construction
Revenues

142,800

160,500

173,900

195,500

209,400

214,600

215,700

211,200

204,400

204,100

201,900

199,000

188,800

190,900

198,400

197,300

212,700

219,000

226,600

234,000

241,100

234,300

227,900

169,500

105,000

54,900

0

0

0

-

-

-

-

-

-

Operating costs

142,300

159,400

171,900

180,400

187,300

188,100

184,500

178,300

169,900

166,100

164,700

161,400

154,200

154,500

156,500

156,200

169,300

175,700

183,500

190,800

195,000

191,300

189,500

141,500

89,700

47,600

0

0

0

-

-

-

-

-

-

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

94,100

89,000

84,500

79,900

77,800

77,200

75,600

75,600

75,300

75,500

75,800

75,900

77,100

79,000

79,200

80,700

81,500

80,400

80,700

79,500

78,000

78,000

75,300

67,000

58,300

48,400

27,600

30,100

33,900

38,400

57,400

57,700

0

0

0