Ckx lands, inc. (CKX)
Income statement / Quarterly
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'11Sep'10Jun'10
Revenues:
Oil and gas

-

-

-

-

-

-

-

-

-

-

-

-

-

150,905

151,752

116,478

91,721

113,218

200,464

242,300

230,222

270,463

355,880

437,865

419,572

439,060

521,256

358,013

488,991

715,500

676,782

520,682

904,642

565,573

338,834

287,867

404,191

Agriculture

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

25,533

22,124

16,738

26,408

20,761

Timber

-

-

-

-

-

-

-

-

-

-

-

-

-

0

4,992

8,033

112,835

32,581

19,447

0

0

207,685

475,999

15,089

0

83,912

27,584

41,382

13,759

62,610

32,499

70

4,935

83,193

-

18,717

112,472

Surface

-

-

-

-

-

-

-

-

-

-

-

-

-

36,831

53,299

15,137

83,752

34,835

133,320

32,995

22,719

14,354

206,315

16,779

198,740

16,883

33,561

56,612

32,815

-

17,379

284,510

-

-

-

-

-

Total revenue

180,391

212,651

228,337

216,808

153,475

196,339

257,696

394,033

346,695

351,486

197,323

397,005

198,771

225,403

210,043

139,648

288,308

180,634

353,231

275,295

252,941

492,502

1,038,194

469,733

618,312

539,855

582,401

456,007

535,565

795,955

726,660

805,262

935,110

670,890

355,572

332,992

537,424

Costs, expenses and (gains):
Oil and gas

-

-

-

-

-

-

-

-

-

-

-

-

-

15,512

17,755

13,115

10,733

11,670

20,122

22,312

16,136

20,599

27,002

25,197

24,904

28,348

33,339

16,620

35,897

35,573

60,672

57,939

65,040

38,794

28,256

25,807

27,932

Agriculture

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,098

-

807

2,258

2,455

1,542

2,230

Timber

-

-

-

-

-

-

-

-

-

-

-

-

-

12,687

4,356

5,121

5,793

7,356

279

55

336

-

14,716

870

-

726

7,537

3,572

12,377

2,947

13,717

6,057

8,169

17,778

4,986

3,374

11,948

Surface

-

-

-

-

-

-

-

-

-

-

-

-

-

48,361

16,976

15,347

1,397

64

2,830

861

575

45

486

781

13

-

-

695

127

-

-

1,047

-

-

-

-

-

Agriculture

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

648

-

-

-

-

-

-

-

-

-

-

General and administrative expense

143,121

147,252

143,198

208,434

120,035

170,857

136,366

133,748

132,561

143,359

116,234

100,590

134,857

93,986

153,885

127,750

132,801

118,546

130,975

130,846

120,792

127,659

131,174

148,341

119,607

125,188

122,679

117,991

137,422

136,827

127,101

115,493

101,476

99,712

128,187

98,769

111,012

Depreciation expense

234

232

507

504

507

510

1,050

234

233

490

234

233

234

-1,519

236

0

1,750

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on sale of land

33,107

0

0

4,950

75,926

0

0

3,334

878,320

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on sale of land and equipment

-

-

-

-

-

-

-

-

-

3,259

28,561

0

2,891

0

0

0

0

0

0

170,854

1,498

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Depreciation, depletion and amortization

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

31,481

13,813

1,671

85,337

1,671

6,875

7,959

7,306

4,777

1,615

2,116

30,210

738

25,047

66,055

Total costs, expenses and (gains)

124,436

163,343

173,774

218,433

64,115

179,686

181,780

166,232

-701,286

174,863

116,780

142,250

169,563

169,027

193,208

161,333

152,474

137,636

154,206

-16,780

136,341

169,585

204,859

189,002

146,195

239,778

165,874

145,753

193,782

184,003

208,365

182,151

177,608

188,752

164,622

154,539

219,177

Income from operations

55,955

49,308

54,563

-1,625

89,360

16,653

75,916

227,801

1,047,981

176,623

80,543

254,755

29,208

56,376

16,835

-21,685

135,834

42,998

199,025

292,075

116,600

322,917

833,335

280,731

472,117

300,077

416,527

310,254

341,783

611,952

518,295

623,111

757,502

482,138

190,950

178,453

318,247

Interest income

17,875

25,059

28,512

29,487

26,524

45,325

26,301

12,954

12,922

12,918

11,465

10,363

10,212

4,202

12,398

7,006

11,345

8,352

5,427

5,032

4,297

4,695

4,379

3,762

4,071

4,059

4,901

2,581

5,433

5,019

4,712

4,706

538

9,817

10,276

9,797

8,706

Dividend income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

55

-

3,854

4,664

10,403

13,089

Gain / (loss) on sale of securities available-for-sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

10,688

-

-

-

Gain on sale of land

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

124,000

-

-

-

-

Net other income

-

-

-

-

-

-

-

-

-

-

-

10,363

10,212

4,202

12,398

7,006

11,345

8,352

5,427

5,032

4,297

4,695

4,379

3,762

4,071

4,059

4,901

2,581

5,433

4,964

4,712

4,761

124,538

24,359

14,940

-22,141

50,321

Income before income taxes

73,830

74,367

83,075

27,862

115,884

61,978

102,217

240,755

1,060,903

189,541

92,008

265,118

39,420

60,578

29,233

-14,679

147,179

51,350

204,452

297,107

120,897

327,612

837,714

284,493

476,188

304,136

421,428

312,835

347,216

616,916

523,007

627,872

882,040

506,497

205,890

156,312

368,568

Federal and state income tax expense:
Current

15,448

11,396

25,105

4,591

10,163

21,383

16,817

89,051

223,542

98,424

29,617

51,638

-5,200

13,744

1,605

-18,249

48,385

12,436

65,736

32,382

31,883

107,214

252,497

83,784

155,029

88,048

127,737

96,384

103,675

193,847

162,848

255,026

230,299

160,247

54,537

32,199

117,151

Deferred

-

-

-

-

-

-

-

-

-

-

11,093

0

-

-

6,257

-

-

-

0

68,341

-

-

42,609

-

-

-

-

-

-

5,581

3,003

-45,800

39,969

863

-12,575

-2,579

-16,727

Total income taxes

15,448

11,396

25,105

4,591

10,163

21,383

16,817

89,051

223,542

-23,924

40,710

51,638

-5,200

13,639

7,862

-18,249

48,385

12,436

65,736

100,723

31,883

107,214

295,106

83,784

155,029

88,048

127,737

96,384

103,675

199,428

165,851

209,226

270,268

161,110

41,962

29,620

100,424

Net income

58,382

62,971

57,970

23,271

105,721

40,595

85,400

151,704

837,361

213,465

51,298

213,480

44,620

46,939

21,371

3,570

98,794

38,914

138,716

196,384

89,014

220,398

542,608

200,709

321,159

216,088

293,691

216,451

243,541

849,023

357,156

418,646

611,772

345,387

163,928

126,692

268,144

Net income available to common shareholders

58,382

62,971

57,970

23,271

105,721

-

85,400

151,704

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Per common stock, basic and diluted
Net income (in dollars per share)

-

-

-

0.01

-

-

-

0.08

0.43

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Change in unrealized net holding gains occurring during period, net of taxes of $3,721 for 2011

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-42,341

28,526

Change in unrealized net holding gains occurring during period, net of taxes of $6,042 and $3,721, respectively for 2011

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-9,062

2,718

-

-

Other comprehensive income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

9,062

2,718

-

-

Comprehensive Income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

336,325

166,646

-

-

Net income (in dollars per share)

0.03

-

-

-

0.05

-

-

-

-

0.11

0.03

0.11

0.02

0.03

0.01

0.00

0.05

0.02

0.07

0.10

0.05

0.11

0.28

0.10

0.17

0.11

0.15

0.11

0.13

0.43

0.18

0.22

0.32

0.18

0.08

0.07

0.14

Dividends (in dollars per share)

-

-

-

-

-

-

-

0.00

0.12

0.00

0.00

0.00

0.10

0.00

0.00

0.00

0.00

-0.03

0.03

0.03

0.07

0.07

0.07

0.07

0.07

0.07

0.07

0.07

0.07

0.07

0.07

0.07

0.07

0.07

0.07

0.07

0.07

Weighted average shares outstanding, basic and diluted (in shares)

1,942,495

-

-

1,942,495

1,942,495

-

-

1,942,495

1,942,495

-

1,942,495

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Weighted Average Common Shares Outstanding, basic and diluted (in shares)

-

-

-

-

-

-

-

-

-

-

-

1,942,495

1,942,495

1,942,495

1,942,495

1,942,495

1,942,495

1,942,495

1,942,495

1,942,495

1,942,495

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Oil and Gas [Member]
Revenues from customers

115,050

89,065

174,097

143,036

94,228

113,028

178,640

160,731

124,577

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cost of goods and services sold

11,737

9,091

20,196

13,643

14,524

14,853

18,435

13,287

16,656

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Timber [Member]
Revenues from customers

7,888

41,649

16,717

0

14,481

42,240

56,929

176,559

178,449

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cost of goods and services sold

2,451

6,768

9,292

687

4,397

-4,950

15,212

14,784

20,594

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Surface Leases, Unrelated Parties [Member]
Revenues, leases

47,870

72,353

27,940

64,189

35,183

15,197

22,127

53,440

34,513

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Surface Leases, Related Parties [Member]
Revenues, leases

9,583

9,584

9,583

9,583

9,583

25,874

0

3,303

9,156

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Surface Leases [Member]
Cost of goods and services sold

-

0

581

115

578

-1,584

10,717

7,513

6,990

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-