AMERICOLD REALTY TRUST COLD Income Statement

Americold realty trust (COLD)

Income statement / Yearly

Dec'19	Dec'18	Dec'17	Dec'16
Revenues:
Revenues
1,783,705	1,603,635	1,543,587	1,489,999
Operating expenses:
Depreciation, depletion and amortization
163,348	117,653	116,741	118,571
Selling, General and Administrative Expense
129,310	110,825	99,616	96,728
Business Combination, Acquisition Related Expenses, Litigations Expense and Other
40,614	3,935	11,329	-
Impairment of Long-Lived Assets to be Disposed of
13,485	747	9,473	9,820
Gain (Loss) on Disposition of Property Plant Equipment
-34	7,471	43	11,598
Total operating expenses
1,652,239	1,423,675	1,406,598	1,357,875
Operating Income (Loss)
131,466	179,960	136,989	132,124
Other income (expense):
Interest Expense
94,408	93,312	114,898	119,552
Interest income
6,286	3,996	1,074	708
Debt Related Commitment Fees and Debt Issuance Costs
2,665	0	0	-
Gain (Loss) on Extinguishment of Debt
0	-47,559	-986	-1,437
Foreign Currency Transaction Gain (Loss), before Tax
10	2,882	-3,600	464
Other Nonoperating Income (Expense)
-1,870	-532	-1,944	-1,368
(Loss) income from investments in partially owned entities
-111	-1,069	-1,363	-128
Gain from sale of partially owned entities
4,297	0	0	-
Equity Method Investment, Other than Temporary Impairment
0	0	6,496	0
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest
43,005	44,366	8,785	10,811
Income tax (expense) benefit:
Current
5,544	-467	13,051	6,465
Deferred Income Tax Expense (Benefit)
-10,701	-3,152	-3,658	-586
Income Tax Expense (Benefit)
-5,157	-3,619	9,393	5,879
Net Income (Loss) Attributable to Parent
48,162	47,985	-608	4,932
Less distributions on preferred shares of beneficial interest - Series A
0	1	16	16
Less distributions on preferred shares of beneficial interest - Series B
0	1,817	28,436	28,436
Less accretion on preferred shares of beneficial interest – Series B
0	0	867	936
Net Income (Loss) Available to Common Stockholders, Basic
48,162	46,167	-29,927	-24,456
Weighted average common shares outstanding – basic (in shares)
179,598	141,415	70,022	69,890
Weighted average common shares outstanding – diluted (in shares)
183,950	144,338	70,022	69,890
Net income (loss) per common share of beneficial interest - basic (in USD per share)
0.26	0.31	-0.43	-0.35
Net income (loss) per common share of beneficial interest - diluted (in USD per share)
0.26	0.31	-0.43	-0.35
Distributions declared per common share of beneficial interest (in USD per share)
0.82	0.74	0.29	0.29
Americold Realty Operating Partnership, L.P..
Revenues
1,783,705	1,603,635	1,543,587	1,489,999
Depreciation, Depletion And Amortization, Excluding Amortization Of Debt Issuance Costs And Discounts And Below Market Leases
163,348	117,653	116,741	118,571
Selling, General and Administrative Expense
129,310	110,825	99,616	96,728
Business Combination, Acquisition Related Expenses, Litigations Expense and Other
40,614	3,935	11,329	-
Impairment of Long-Lived Assets to be Disposed of
13,485	747	9,473	9,820
Gain (Loss) on Disposition of Property Plant Equipment
-34	7,471	43	11,598
Costs and Expenses
1,652,239	1,423,675	1,406,598	1,357,875
Operating Income (Loss)
131,466	179,960	136,989	132,124
Interest Expense
94,408	93,312	114,898	119,552
Investment Income, Interest
6,286	3,996	1,074	708
Debt Related Commitment Fees and Debt Issuance Costs
2,700	0	0	-
Gain (Loss) on Extinguishment of Debt
0	-47,559	-986	-1,437
Foreign Currency Transaction Gain (Loss), before Tax
10	2,882	-3,591	464
Other expense, net
-1,870	-532	-1,944	-1,368
Loss from partially owned entities
-111	-1,069	-1,363	-128
Gain from sale of partially owned entities
4,297	0	0	-
Equity Method Investment, Other than Temporary Impairment
0	0	6,496	0
Income before income tax benefit (expense)
43,005	44,366	8,785	10,811
Current Income Tax Expense (Benefit)
5,544	-467	13,051	6,465
Deferred Income Tax Expense (Benefit)
-10,701	-3,152	-3,658	-586
Income Tax Expense (Benefit)
-5,157	-3,619	9,393	5,879
Net Income (Loss) Attributable to Parent
48,162	47,985	-608	4,932
General partners’ interest in net income (loss) attributable to unitholders
47,680	47,505	-602	4,883
Limited partners’ interest in net income (loss) attributable to unitholders
482	480	-6	49
General partner units outstanding (in shares)
177,180	139,394	68,677	68,677
Limited partner units outstanding (in shares)
1,790	1,408	694	694
General partners' net income (loss) per unit (in USD per share)
0.27	0.34	-0.01	0.07
Limited partners' net income (loss) per unit (in USD per share)
0.27	0.34	-0.01	0.07
General partners' distributions declared per unit (in USD per share)
0.82	0.76	0.70	0.70
Limited partners' distributions declared per unit (in USD per share)
0.82	0.76	0.70	0.70
Operating Segments
Revenues
1,783,705	1,603,635	1,543,587	1,489,999
Operating Income (Loss)
478,257	405,649	374,105	345,645