EL PASO ELECTRIC CO /TX/ EE Income Statement

El paso electric co /tx/ (EE)

Income statement / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10	Sep'09	Jun'09
Revenues
158,563	190,103	294,453	203,075	174,363	190,823	300,271	236,796	175,713	196,149	297,470	251,843	171,335	188,037	323,225	217,865	157,809	176,902	289,713	219,508	163,746	196,563	283,645	251,801	185,516	190,297	282,661	240,114	177,290	188,802	267,249	228,252	168,578	191,663	307,633	242,605	176,112	181,344	280,342	211,397	204,168	240,898	203,649
Fuel
-	-	-	-	-	-	-	-	-	-	-	-	36,606	-	54,355	43,143	34,319	40,060	60,798	49,813	37,729	59,224	70,523	69,672	51,586	51,671	69,268	61,430	44,399	45,944	56,332	49,366	39,434	46,396	73,034	61,318	42,759	39,690	60,294	50,752	49,093	53,951	43,883
Purchased and interchanged power
-	-	-	-	-	-	-	-	-	-	-	-	13,673	-	24,459	13,610	9,646	11,108	19,520	11,742	11,175	10,690	18,071	18,128	17,915	16,178	17,395	15,913	12,877	16,947	16,223	14,522	12,559	14,533	25,845	16,297	18,474	15,288	28,229	19,552	28,847	27,878	28,295
Operating revenues net of energy expenses
-	-	-	-	-	-	-	-	-	-	-	-	121,056	-	244,411	161,112	113,844	125,734	209,395	157,953	114,842	126,649	195,051	164,001	116,015	122,448	195,998	162,771	120,014	125,911	194,694	164,364	116,585	130,734	208,754	164,990	114,879	126,366	191,819	141,093	126,228	159,069	131,471
Operating expenses:
Fuel and purchased power
33,624	44,906	50,583	32,106	48,326	52,372	71,086	53,463	52,188	53,259	75,319	65,894	50,279	53,933	78,814	56,753	43,965	51,168	80,318	61,555	48,904	69,914	88,594	87,800	69,501	67,849	86,663	77,343	57,276	62,891	72,555	63,888	51,993	60,929	98,879	77,615	61,233	54,978	88,523	70,304	77,940	81,829	72,178
Operations and maintenance
80,704	88,650	82,186	81,308	80,413	82,513	83,355	88,855	80,160	84,136	74,685	82,273	79,187	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	64,373	56,817	58,387	64,335	65,360	57,656	55,599	62,895	59,514	60,285	56,138	63,345	58,810	59,033	55,967	62,430	60,906	58,805	54,417	61,422	56,832	57,209	54,107	62,655	59,924	51,544	50,098	55,003	50,634
Maintenance
-	-	-	-	-	-	-	-	-	-	-	-	-	-	14,064	20,426	17,515	15,451	14,355	19,857	15,560	20,010	15,392	15,945	14,282	19,808	12,723	15,985	12,552	16,734	12,831	14,806	15,968	20,332	12,764	16,760	12,236	15,601	10,987	15,735	14,500	12,181	16,404
Depreciation and amortization
26,466	26,022	25,704	25,220	25,126	24,441	24,169	23,958	23,814	23,849	22,565	22,495	21,934	21,220	15,952	23,852	23,293	22,744	22,380	23,135	21,565	21,006	20,685	21,083	20,568	20,280	20,416	19,562	19,368	19,227	19,208	19,603	20,518	20,556	20,315	19,524	20,936	20,875	20,685	20,167	19,284	19,196	18,706
Taxes other than income taxes
16,071	17,106	21,953	18,103	16,189	16,384	21,728	17,381	15,507	16,655	21,213	17,265	15,730	15,236	20,165	15,320	14,812	14,892	19,253	15,433	14,158	13,867	17,964	15,557	15,362	12,965	18,153	13,847	12,782	13,812	15,353	14,638	13,640	12,430	16,628	13,376	13,127	13,451	16,125	13,170	11,743	13,595	12,511
Utilities operating expense
156,865	176,684	180,426	156,737	170,054	175,710	200,338	183,657	171,669	228,178	193,782	187,927	116,851	354,049	114,554	116,415	114,007	117,422	121,348	116,081	106,882	117,778	113,555	112,870	106,350	116,398	110,102	108,427	100,669	112,203	108,298	107,852	104,543	114,740	106,539	106,869	100,406	112,582	107,721	100,616	95,625	99,975	98,255
Operating income
1,698	13,419	114,027	46,338	4,309	15,113	99,933	53,139	4,044	18,250	103,688	63,916	4,205	13,520	129,857	44,697	-163	8,312	88,047	41,872	7,960	8,871	81,496	51,131	9,665	6,050	85,896	54,344	19,345	13,708	86,396	56,512	12,042	15,994	102,215	58,121	14,473	13,784	84,098	40,477	30,603	59,094	33,216
Other income (deductions):
Allowance for equity funds used during construction
586	549	481	514	1,001	991	824	718	920	816	668	726	815	1,156	1,398	2,133	2,336	2,222	1,874	2,268	4,275	4,447	3,848	3,461	2,906	2,543	2,287	2,515	2,663	2,838	2,419	2,214	1,956	1,720	1,379	2,011	3,051	3,171	2,398	2,707	2,540	2,169	2,623
Investment and interest income, net
-25,599	21,002	11,904	13,014	23,707	-14,665	16,815	11,072	5,155	8,545	8,989	12,056	9,263	24,504	3,773	3,591	2,929	4,944	5,912	1,398	5,254	5,096	2,373	1,923	4,241	1,882	2,086	1,834	1,231	1,564	1,833	102	1,776	1,071	618	1,590	2,385	2,026	1,351	840	1,098	1,405	-1,150
Miscellaneous non-operating income
2,945	5,981	3,150	3,090	3,048	3,578	3,037	3,072	3,136	3,184	3,075	2,897	2,895	10,000	272	145	656	525	850	507	180	1,916	52	590	1,517	895	12	1	1	32	1,182	131	70	501	113	1	270	967	248	151	2	324	549
Business Combination, Acquisition Related Costs
1,300	2,627	3,798	5,675	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Miscellaneous non-operating deductions
3,149	2,331	2,930	2,328	2,357	3,205	3,263	2,769	2,743	2,903	3,180	2,669	2,828	8,370	1,312	890	466	1,551	1,015	1,271	491	2,145	1,036	599	419	994	537	1,633	471	519	591	421	482	1,126	648	698	715	1,929	389	529	359	853	726
Nonoperating income
-26,512	22,564	8,807	8,615	25,399	-13,301	17,413	12,093	6,468	9,642	9,552	13,010	10,145	27,290	4,131	4,979	5,455	6,140	7,621	2,902	9,218	9,314	5,237	5,375	8,245	4,326	3,848	2,717	3,424	3,915	4,843	2,026	3,320	2,166	1,462	2,904	4,991	4,235	3,608	3,169	3,281	3,045	1,296
Interest charges (credits):
Interest on long-term debt and revolving credit facility
18,743	18,764	18,772	18,263	18,989	19,639	19,603	18,194	17,988	17,981	18,215	18,407	18,367	18,323	18,324	18,298	16,599	16,408	16,465	16,495	16,483	15,225	14,617	14,607	14,579	14,806	14,623	14,610	14,596	13,805	13,659	13,605	13,563	13,520	13,571	13,526	13,498	13,448	12,936	12,241	12,201	12,194	12,196
Other interest
4,547	5,009	5,314	5,810	5,233	3,994	4,127	5,115	4,654	4,424	4,673	4,728	4,345	16,407	268	272	562	372	424	354	163	351	438	288	173	-25	153	154	149	325	387	278	200	212	243	237	297	141	48	25	40	67	82
Capitalized interest
1,378	1,305	1,435	1,457	1,532	1,416	1,488	1,365	1,214	1,191	1,193	1,344	1,294	1,252	1,243	1,253	1,242	1,210	1,208	1,261	1,289	3,787	1,270	1,281	-1,246	9,210	-1,302	-1,307	-1,302	-1,320	-1,324	-1,299	-1,369	-1,313	-1,318	-1,290	-1,256	-1,205	-796	-258	-228	-225	-246
Allowance for borrowed funds used during construction
885	995	986	1,062	972	1,061	881	772	898	802	671	711	791	819	1,131	1,375	1,658	1,572	1,353	1,391	2,621	5,895	2,190	1,967	-1,684	10,575	-1,379	-1,518	-1,623	-1,679	-1,431	-1,310	-1,153	-1,011	-808	-1,180	-1,849	-2,020	-1,550	-1,534	-1,567	-1,397	-1,691
Interest expense
21,027	21,473	21,665	21,554	21,718	21,156	21,361	21,172	20,530	20,412	21,024	21,080	20,627	32,659	16,218	15,942	14,261	13,998	14,328	14,197	12,736	11,754	11,595	11,647	11,822	11,858	12,095	11,939	11,820	11,131	11,291	11,274	11,241	11,408	11,688	11,293	10,690	10,364	10,638	10,474	10,446	10,639	10,341
Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Noncontrolling Interest
-45,841	14,510	101,169	33,399	7,990	-19,344	95,985	44,060	-10,018	7,480	92,216	55,846	-6,277	8,151	117,770	33,734	-8,969	454	81,340	30,577	4,442	6,431	75,138	44,859	6,088	-1,482	77,649	45,122	10,949	6,492	79,948	47,264	4,121	6,752	91,989	49,732	8,774	7,655	77,068	33,172	23,438	51,500	24,171
Income Tax Expense (Benefit)
-10,632	1,568	23,289	7,273	1,901	-4,059	22,714	10,765	-3,052	980	32,532	19,780	-2,288	2,495	43,134	11,450	-3,161	-194	24,600	9,505	984	2,190	22,662	14,763	1,473	-2,673	27,084	15,929	3,315	1,673	28,159	16,370	777	1,299	33,668	16,742	1,999	190	27,172	11,665	11,989	17,568	8,740
Income before extraordinary item
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	45,415	6,775	-4,960	49,896	-	11,449	33,932	-
Extraordinary gain related to Texas regulatory assets, net of tax
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	10,286	-	0	0	-
Extraordinary gain related to Texas regulatory assets, net of tax
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-
Net Income (Loss) Attributable to Parent
-35,209	12,942	77,880	26,126	6,089	-15,285	73,271	33,295	-6,966	6,500	59,684	36,066	-3,989	5,656	74,636	22,284	-5,808	648	56,740	21,072	3,458	4,241	52,476	30,096	4,615	1,191	50,565	29,193	7,634	4,819	51,789	30,894	3,344	5,453	58,321	32,990	6,775	7,465	60,182	21,507	11,449	33,932	15,431
Income before extraordinary item (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1.06	0.16	-0.10	1.16	-	0.26	0.76	-
Extraordinary gain related to Texas regulatory assets, net of tax (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.00	0.00	0.00	0.24	-	0.00	0.00	-
Earnings Per Share, Basic
-0.87	0.32	1.91	0.64	0.15	-0.38	1.80	0.82	-0.17	0.16	1.47	0.89	-0.10	0.14	1.84	0.55	-0.14	0.02	1.40	0.52	0.09	0.11	1.30	0.75	0.11	0.02	1.26	0.73	0.19	0.13	1.29	0.77	0.08	0.14	1.41	0.78	0.16	0.17	1.40	0.49	0.26	0.76	0.34
Income before extraordinary item (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1.06	0.16	-0.10	1.15	-	0.26	0.76	-
Extraordinary gain related to Texas regulatory assets, net of tax (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.00	0.00	0.00	0.24	-	0.00	0.00	-
Earnings Per Share, Diluted
-0.87	0.31	1.91	0.64	0.15	-0.37	1.79	0.82	-0.17	0.16	1.47	0.89	-0.10	0.14	1.84	0.55	-0.14	0.02	1.40	0.52	0.09	0.11	1.30	0.75	0.11	0.03	1.26	0.72	0.19	0.12	1.29	0.77	0.08	0.14	1.40	0.78	0.16	0.17	1.39	0.49	0.26	0.76	0.34
Common Stock, Dividends, Per Share, Declared
0.38	0.38	0.38	0.38	0.36	0.36	0.36	0.36	0.33	0.33	0.33	0.33	0.31	0.31	0.31	0.31	0.29	0.29	0.29	0.29	0.28	0.28	0.28	0.28	0.26	0.26	0.26	0.26	0.25	0.25	0.25	0.25	0.22	0.22	0.22	0.22	0.00	-	0.00	0.00	-	-	-
Weighted Average Number of Shares Outstanding, Basic
40,653	40,620	40,616	40,602	40,582	40,541	40,535	40,517	40,491	40,434	40,427	40,409	40,387	40,368	40,363	40,345	40,325	40,297	40,289	40,269	40,243	40,220	40,213	40,180	40,149	40,136	40,132	40,111	40,078	40,017	40,009	39,958	39,911	39,930	41,307	41,853	42,308	42,398	42,921	43,460	43,738	44,588	44,782
Weighted Average Number of Shares Outstanding, Diluted
40,653	40,685	40,679	40,696	40,663	40,734	40,697	40,647	40,491	40,676	40,551	40,525	40,387	40,481	40,425	40,399	40,325	40,335	40,329	40,302	40,266	40,220	40,264	40,212	40,149	40,136	40,132	40,159	40,078	40,090	40,091	40,040	39,999	40,183	41,564	42,076	42,523	42,652	43,103	43,557	43,863	44,637	44,792