Air Transport Services Group, Inc. ATSG Income Statement

Air transport services group, inc. (ATSG)

Income statement / Yearly

Dec'19	Dec'18	Dec'17	Dec'16	Dec'15	Dec'14	Dec'13	Dec'12	Dec'11	Dec'10	Dec'09
Revenues
1,452,183	892,345	1,068,200	768,870	619,264	589,592	580,023	607,438	730,133	667,382	823,483
OPERATING EXPENSES
Salaries, wages and benefits
433,518	300,514	276,106	224,852	181,785	173,226	175,383	184,644	188,884	176,988	380,276
Fuel
155,033	39,293	149,579	87,134	52,615	53,521	49,376	53,928	150,003	133,776	109,242
Maintenance, materials and repairs
170,151	146,692	141,575	119,123	103,961	91,528	97,053	97,540	86,929	79,143	66,621
Depreciation, Depletion and Amortization, Nonproduction
257,532	178,895	154,556	135,496	125,443	108,254	91,749	84,477	91,063	87,594	83,964
Travel
90,993	34,443	27,390	20,048	18,007	17,662	18,693	22,683	28,335	22,709	21,761
Contracted ground and aviation services
64,076	16,640	147,092	57,491	18,983	13,245	12,953	-	-	-	-
Rent
16,006	13,899	13,629	11,625	11,677	26,650	27,468	25,970	25,201	15,339	10,926
Landing and ramp
11,184	5,968	22,271	13,455	9,727	10,305	11,204	15,973	22,630	23,782	29,236
Insurance
7,342	6,112	4,820	4,456	3,645	5,304	6,216	7,716	9,309	9,171	10,918
Impairment of goodwill
-	-	-	-	-	-	52,585	0	2,797	0	0
Business Combination, Acquisition Related Costs
373	5,264	0	0	-	-	-	-	-	-	-
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement
-	-	-	-	-	-	0	0	-	-	-
Impairment of acquired intangibles
-	-	-	-	-	-	-	-	2,282	0	0
Impairment of aircraft
-	-	-	-	-	-	-	-	22,065	0	0
Other operating expenses
68,978	33,607	31,782	24,627	20,631	25,372	24,158	35,819	38,006	37,204	38,749
Operating Expenses
1,275,186	781,327	968,800	698,307	546,474	525,067	566,838	528,750	667,504	585,706	751,693
OPERATING INCOME
176,997	111,018	99,400	70,563	72,790	64,525	13,185	78,688	62,629	81,676	71,790
OTHER INCOME (EXPENSE)
Interest income
370	251	116	131	85	92	74	136	179	316	449
Net Periodic Defined Benefits Expense (Reversal of Expense), Excluding Service Cost Component
-9,404	8,180	-6,105	-6,815	-	-	-	-	-	-	-
Interest Expense
66,644	28,799	17,023	11,318	11,232	13,937	14,249	14,383	14,181	18,675	26,881
Gain (Loss) on Derivative Instruments, Net, Pretax
-12,302	7,296	-79,789	-18,107	920	1,096	631	1,879	-4,881	0	0
Write-off of unamortized debt issuance costs
-	-	-	-	-	-	-	-	2,886	0	0
Other Nonoperating Income (Expense)
-105,425	-23,540	-105,936	-36,109	-10,227	-12,749	-13,544	-12,368	-21,769	-18,359	-26,432
Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Noncontrolling Interest
71,572	87,478	-6,536	34,454	62,563	51,776	-359	66,320	40,860	63,317	45,358
Income Tax Expense (Benefit)
11,589	19,595	-28,276	13,394	23,408	19,702	19,266	24,672	16,995	23,413	17,156
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent
59,983	67,883	21,740	21,060	39,155	32,074	-19,625	41,648	23,865	39,904	28,202
EARNINGS FROM DISCONTINUED OPERATIONS, NET OF TAXES
1,219	1,402	-3,245	2,428	2,067	-2,214	-3	-774	-673	-70	6,247
Net Income (Loss) Attributable to Parent
61,202	69,285	18,495	23,488	41,222	29,860	-19,628	40,874	23,192	39,834	34,449
BASIC EARNINGS PER SHARE
Income (Loss) from Continuing Operations, Per Basic Share
1.02	1.16	0.37	0.34	0.61	0.50	-0.31	0.66	0.38	0.64	0.45
Discontinued operations (in dollars per share)
0.02	0.02	-0.06	0.04	0.03	-0.04	0.00	-0.02	-0.01	-0.01	0.10
TOTAL BASIC EARNINGS PER SHARE (in dollars per share)
1.04	1.18	0.31	0.38	0.64	0.46	-0.31	0.64	0.37	0.63	0.55
DILUTED EARNINGS PER SHARE
Income (Loss) from Continuing Operations, Per Diluted Share
0.78	0.89	0.36	0.33	0.60	0.49	-0.31	0.65	0.37	0.62	0.44
Discontinued operations (in dollars per share)
0.01	0.02	-0.05	0.04	0.03	-0.03	0.00	-0.02	-0.01	0.00	0.10
TOTAL DILUTED NET EARNINGS PER SHARE (in dollars per share)
0.79	0.91	0.31	0.37	0.63	0.46	-0.31	0.63	0.36	0.62	0.54
WEIGHTED AVERAGE SHARES [Abstract]
Basic (in shares)
58,899	58,765	58,907	61,330	64,242	64,253	63,992	63,461	63,284	62,807	62,674
Diluted (in shares)
69,348	68,356	59,686	62,994	65,127	65,211	63,992	64,420	64,085	64,009	63,279