Expeditors international of washington, inc. (EXPD)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09Dec'08Dec'07
Revenues:
Revenue from Contract with Customer, Excluding Assessed Tax

8,175

8,138

6,920

6,098

6,616

6,564

6,080

5,992

6,161

5,967

4,092

5,633

5,235

Operating Expenses:
Direct Operating Costs

5,538

5,517

4,601

-

-

-

-

-

-

-

-

-

-

Airfreight consolidation

-

-

-

-

1,987

-

-

-

-

-

-

1,962

1,879

Salaries and related

1,422

1,393

1,267

1,157

1,143

1,065

1,032

995

993

894

774

863

791

Rent and occupancy

166

152

119

108

102

102

98

98

94

77

74

76

67

Depreciation and amortization

50

54

49

46

46

49

48

39

36

36

40

40

39

Selling and promotion

44

45

44

41

41

38

33

34

38

32

26

37

38

Other

186

178

138

138

132

131

118

136

125

105

82

111

91

Total operating expenses

7,408

7,341

6,220

5,427

5,895

5,970

5,528

5,461

5,543

5,420

3,707

5,160

4,811

Operating income

766

796

700

670

721

594

552

530

618

547

385

473

423

Other Income (Expense):
Interest income

22

19

13

11

10

10

11

12

10

7

10

21

22

Interest expense

-

-

-

-

-

-

-

-

-

0

0

0

-0

Other, net

6

2

5

5

4

5

8

6

9

10

8

5

3

Other income, net

29

21

18

16

15

16

20

19

19

16

17

26

26

Earnings before income taxes

795

818

718

686

736

610

572

550

638

564

402

499

449

Income tax expense

203

198

228

254

277

231

222

217

251

219

162

196

179

Net earnings

592

619

490

432

459

379

350

332

386

344

240

302

269

Less net earnings attributable to the noncontrolling interest

1

1

1

1

2

2

1

-0

0

0

0

1

0

Net earnings attributable to shareholders

590

618

489

430

457

376

348

333

385

344

240

301

269

Diluted earnings attributable to shareholders per share

3.39

3.48

2.69

2.36

2.40

1.92

1.68

1.57

1.79

1.59

1.11

1.37

1.21

Basic earnings attributable to shareholders per share

3.45

3.55

2.73

2.38

2.42

1.92

1.69

1.58

1.82

1.62

1.13

1.41

1.26

Dividends declared and paid per common share

-

-

-

-

-

-

-

-

-

-

-

-

0.28

Weighted average diluted shares outstanding

174

177

181

182

190

196

206

211

215

216

216

219

221

Weighted average basic shares outstanding

170

174

179

181

188

196

205

210

212

212

212

212

213

Airfreight services
Revenue from Contract with Customer, Excluding Assessed Tax

2,929

3,271

2,877

-

-

-

-

-

-

-

-

-

-

Revenue from Contract with Customer, Excluding Assessed Tax

2,929

3,271

2,877

2,453

2,740

2,780

2,633

2,600

2,893

2,821

1,831

2,541

2,407

Direct Operating Costs

2,143

2,410

2,126

-

-

-

-

-

-

-

-

-

-

Direct Operating Costs

2,143

2,410

2,126

1,752

1,987

2,103

1,994

1,983

2,193

2,181

1,341

1,962

1,879

Ocean freight and ocean services
Revenue from Contract with Customer, Excluding Assessed Tax

2,217

2,251

2,107

-

-

-

-

-

-

-

-

-

-

Revenue from Contract with Customer, Excluding Assessed Tax

2,217

2,251

2,107

1,917

2,194

2,174

1,958

1,974

1,878

1,955

1,297

1,990

1,820

Direct Operating Costs

1,613

1,664

1,543

-

-

-

-

-

-

-

-

-

-

Direct Operating Costs

1,613

1,664

1,543

1,378

1,648

1,712

1,521

1,542

1,443

1,569

973

1,596

1,473

Customs brokerage and other services
Revenue from Contract with Customer, Excluding Assessed Tax

3,027

2,614

1,936

-

-

-

-

-

-

-

-

-

-

Revenue from Contract with Customer, Excluding Assessed Tax

3,027

2,614

1,936

1,727

1,682

1,609

1,488

1,416

1,389

1,190

963

1,101

1,007

Direct Operating Costs

1,781

1,443

931

-

-

-

-

-

-

-

-

-

-

Direct Operating Costs

1,781

1,443

931

803

792

766

681

630

617

523

394

471

428