Frp holdings, inc. (FRPH)
Income statement / Yearly
Dec'19Dec'18Dec'17Sep'16Sep'15Sep'14Sep'13Sep'12Sep'11Sep'10Sep'09
Revenues:
Lease revenue

14,318

13,883

8,361

24,457

23,410

21,327

19,060

19,555

18,044

17,191

18,066

Mining lands lease revenue

9,438

8,139

7,241

7,443

5,999

5,256

5,209

4,483

4,261

4,510

5,067

Transportation

-

-

-

-

-

-

-

103,476

97,801

89,637

91,420

Revenue - reimbursements

-

-

-

5,557

5,237

4,395

3,385

-

-

-

-

Total revenues

23,756

22,022

15,602

37,457

34,646

30,978

27,654

127,514

120,106

111,338

114,553

Cost of operations:
Depreciation, depletion and amortization

5,855

7,898

5,934

8,051

7,378

6,705

5,860

-

-

-

-

Operating expenses

4,134

4,285

2,136

4,624

4,609

21,238

18,339

-

-

-

-

Environmental remediation recovery

0

-465

0

-1,000

0

0

-

-

-

-

-

Property taxes

2,941

2,625

2,016

4,475

4,443

3,494

2,518

-

-

-

-

Management company indirect

2,514

1,765

1,295

1,844

1,647

1,424

1,574

-

-

-

-

Corporate expenses

2,556

3,952

3,180

3,080

4,388

5,224

4,851

96,000

89,773

81,401

81,569

Mining royalty land

-

-

-

-

-

-

-

1,252

1,404

1,402

1,590

Developed property rentals

-

-

-

-

-

-

-

15,070

13,145

12,948

12,710

Corporate expenses

-

-

-

-

-

-

-

1,091

1,415

1,084

2,556

Total cost of operations

18,000

20,060

14,561

21,074

22,465

4,391

3,536

113,413

105,737

96,835

98,425

Transportation

-

-

-

-

-

-

-

7,476

8,028

8,236

9,851

Mining royalty land

-

-

-

-

-

-

-

3,231

2,857

3,108

3,477

Developed property rentals

-

-

-

-

-

-

-

4,485

4,899

4,243

5,356

Unallocated corporate

-

-

-

-

-

-

-

1,091

1,415

1,084

2,556

Total operating profit

5,756

1,962

1,041

16,383

12,181

5,184

-

14,101

14,369

14,503

16,128

Total operating profit

-

-

-

-

-

9,740

9,315

-

-

-

-

Net investment income, including realized gains of $144, $0, $591 and $0, respectively

8,375

2,672

0

2

0

23

38

26

303

446

90

Interest expense

1,054

3,103

2,741

1,561

2,014

1,366

2,501

2,638

3,346

3,928

3,482

Equity in loss of joint ventures

-1,954

-88

-1,598

-978

-145

-128

-63

-8

-39

-2

-6

Gain on remeasurement of investment in real estate partnership

0

0

60,196

0

0

-

-

-

-

-

-

Gain on termination of sale contract

-

-

-

-

-

-

-

1,039

0

0

-

Gain on real estate

661

40

0

6,029

-34

476

7,333

0

0

-

-

Income from continuing operations before income taxes

11,784

1,483

56,898

19,875

9,988

8,745

14,122

12,520

11,287

11,019

12,730

Provision for income taxes

2,962

524

7,350

7,851

3,895

3,561

5,508

4,809

4,298

3,963

4,822

Income from continuing operations

8,822

959

49,548

12,024

6,093

-

8,614

7,711

6,989

7,056

7,908

Income from discontinued operations, net

6,856

122,129

11,003

0

2,179

4,835

6,771

97

5,222

315

-4,155

Net income

15,678

123,088

60,551

12,024

8,272

-

15,385

-

-

-

-

Loss attributable to noncontrolling interest

-499

-1,384

18,801

0

0

-

-

-

-

-

-

Net income attributable to the Company

16,177

124,472

41,750

12,024

8,272

10,019

-

7,808

12,211

7,371

3,753

Basic earnings per common share
Income from continuing operations

0.89

0.10

4.97

1.22

0.62

0.54

0.90

0.82

0.75

0.77

0.87

Discontinued operations

0.69

12.16

1.10

0.00

0.23

0.50

0.72

0.01

0.57

0.03

-0.46

Net income attributable to the Company

1.64

12.40

4.19

1.22

0.85

1.04

1.62

0.83

1.32

0.80

0.41

Diluted earnings per common share
Income from continuing operations

0.89

0.09

4.94

1.22

0.62

0.53

0.90

0.81

0.74

0.75

0.85

Discontinued operations

0.69

12.09

1.10

0.00

0.22

0.50

0.70

0.01

0.55

0.03

-0.45

Net income attributable to the Company

1.63

12.32

4.16

1.22

0.84

1.03

1.60

0.82

1.29

0.78

0.40

Number of shares (in thousands) used in computing:
-basic earnings per common share

9

10

9

9

9

9

9

9

9

9

9

-diluted earnings per common share

9

10

10

9

9

9

9

9

9

9

9