Frp holdings, inc. (FRPH)
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'12Dec'11Sep'11Jun'11Mar'11Dec'10Jun'10
Revenues:
Lease revenue

3,598

3,522

3,581

3,730

3,485

3,465

3,617

3,498

3,303

-1,774

3,102

750

6,283

6,328

6,259

6,082

6,089

6,027

5,879

5,784

5,879

5,868

4,657

5,418

5,291

5,961

2,910

5,615

5,448

5,087

5,140

5,022

4,852

4,541

4,646

4,585

4,636

4,177

4,047

Mining lands lease revenue

2,185

2,274

2,302

2,633

2,229

2,187

2,125

2,055

1,772

1,930

1,763

1,809

1,739

1,857

2,016

2,033

1,756

1,638

1,650

1,714

1,315

1,320

1,414

1,371

1,203

1,268

1,335

1,299

1,244

1,331

1,380

1,101

1,025

977

1,068

1,180

918

1,095

1,247

Revenue - reimbursements

-

-

-

-

-

-

-

-

-

-

170

160

1,300

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Transportation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

31,591

-

28,794

27,176

26,639

26,279

26,907

25,449

24,841

25,592

26,182

23,036

22,991

23,064

Revenue - reimbursements

-

-

-

-

-

-

-

-

-

-

-

-

-

1,327

1,501

1,128

1,770

1,158

1,370

999

1,754

1,114

-

890

1,513

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total revenues

5,783

5,796

5,883

6,363

5,714

5,652

5,742

5,553

5,075

-1,474

5,035

2,719

9,322

9,512

9,776

9,243

9,615

8,823

8,899

8,497

8,948

8,302

-23,528

7,679

8,007

38,820

-74,979

35,708

33,868

33,057

32,799

33,030

31,326

30,359

31,306

31,947

28,590

28,263

28,358

Cost of operations:
Depreciation, depletion and amortization

1,468

1,465

1,431

1,472

1,487

1,548

1,821

2,131

2,398

798

2,804

273

2,059

2,095

2,160

2,066

1,929

1,896

1,812

1,805

1,878

1,883

-

1,694

1,693

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating expenses

925

1,390

952

910

882

1,334

983

1,103

865

53

875

207

1,001

994

1,146

974

6,106

2,223

-12,745

4,608

6,789

5,957

-

4,816

6,185

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Environmental remediation recovery

-

-

0

-

-

-

-465

-

-

-

0

-

-

0

0

2,000

-

-3,000

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Property taxes

737

735

740

713

753

676

663

611

675

-69

647

376

1,062

1,089

1,087

1,128

1,142

1,118

1,120

994

1,234

1,095

-

874

879

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Management company indirect

672

642

670

610

592

399

550

455

361

168

351

307

469

475

419

425

496

504

419

434

442

352

-

358

403

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Corporate expenses

1,187

-

-

-

645

-

-

-

-

-

-

-

-

855

656

684

1,008

732

638

557

1,480

1,713

-27,687

1,053

1,723

30,135

-70,933

25,687

25,255

24,842

24,322

24,621

23,659

23,398

23,998

23,738

21,034

21,003

20,349

Mining royalty land

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

329

-

319

318

308

329

307

323

293

379

334

352

339

368

Developed property rentals

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,878

-

3,428

3,318

3,236

5,450

3,117

3,341

3,162

3,233

3,267

3,499

3,146

3,022

Corporate expenses

-

-

732

551

-

-

522

1,709

679

-

617

566

1,327

-

-

-

-

-

-

-

-

-

-

-

-

354

-

204

669

263

146

94

559

292

140

167

521

587

138

Total cost of operations

4,989

4,860

4,525

4,256

4,359

4,999

4,074

6,009

4,978

1,620

5,294

1,729

5,918

5,508

5,468

7,277

1,531

973

18,978

818

1,755

914

-32,629

837

1,487

34,696

-84,311

29,638

29,560

28,649

30,247

28,139

27,882

27,145

27,750

27,506

25,406

25,075

23,877

Transportation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,456

-

3,107

1,921

1,797

1,957

2,286

1,790

1,443

1,594

2,444

2,002

1,988

2,715

Mining royalty land

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

939

-

980

926

1,023

1,051

794

702

684

689

846

566

756

879

Developed property rentals

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,083

-

2,187

2,130

1,851

-310

1,905

1,511

1,379

1,413

1,318

1,137

1,031

1,025

Unallocated corporate

-

-

732

551

-

-

522

1,709

679

-

617

566

1,327

-

-

-

-

-

-

-

-

-

-

-

-

354

-

204

669

263

146

94

559

292

140

167

521

587

138

Total operating profit

794

936

1,358

2,107

1,355

653

1,668

-456

97

-3,094

-259

990

3,404

4,004

4,308

1,966

3,509

6,600

3,788

3,889

2,159

2,345

-

-

-

4,124

-

6,070

4,308

4,408

2,552

4,891

3,444

3,214

3,556

4,441

3,184

3,188

4,481

Total operating profit

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,863

1,822

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on investment land sold

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

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

1,991

2,562

2,019

1,984

1,810

797

1,654

216

5

0

0

0

0

0

0

0

1

1

0

0

0

0

21

1

0

1

1

0

5

32

15

-10

12

9

32

70

99

102

106

Interest expense

51

65

129

272

588

685

768

807

843

1,710

783

0

248

306

273

392

415

481

490

459

620

445

335

410

310

311

356

1,137

580

428

503

537

794

804

813

789

838

906

966

Equity in loss of joint ventures

-642

-672

-746

-272

-264

-52

-13

-11

-12

-9

-12

-806

-771

-1,119

-652

-186

-86

-54

110

-75

-150

-30

-36

-29

-31

-32

-33

-11

-11

-8

0

0

-1

-7

-23

-14

-2

0

0

Gain on remeasurement of investment in real estate partnership

-

-

-

-

-

-

-

-

-

-

60,196

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on termination of sale contract

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

1,039

0

0

0

0

-

Gain on real estate

8

-1

126

536

0

-

-3

0

-

-

0

-

-

0

-148

-109

0

6,286

-14

0

-3

-17

-52

450

22

56

6,217

0

0

1,116

-

-

-

-

-

-

-

-

-

Income from continuing operations before income taxes

2,100

2,760

2,628

4,083

2,313

756

2,538

-1,058

-753

-4,813

59,142

184

2,385

2,579

3,235

1,279

3,009

12,352

3,394

3,355

1,386

1,853

529

2,875

1,503

3,838

358

4,922

3,722

5,120

2,064

4,344

2,661

3,451

2,752

3,708

2,443

2,384

3,621

Provision for income taxes

601

433

726

1,131

672

255

508

-179

-60

-9,194

15,543

59

942

897

1,278

505

1,189

4,879

1,323

1,309

541

722

357

1,121

586

1,497

140

1,920

1,451

1,997

793

1,668

1,022

1,326

1,095

1,349

938

916

1,121

Income from continuing operations

1,499

2,327

1,902

2,952

1,641

501

2,030

-879

-693

-

43,599

125

-

1,682

-

-

-

-

2,071

2,046

845

1,131

-

1,754

917

-

-

-

-

-

1,271

2,676

1,639

2,125

1,657

2,359

1,505

1,468

2,500

Income from discontinued operations, net

0

7

-13

6,776

86

20

-78

120,465

1,722

-

1,585

1,588

-

0

-

-

-

-

0

0

516

1,663

-

1,731

787

-

-

-

-

-

86

8

4

-1

97

20

178

4,927

99

Net income

1,499

2,334

1,889

9,728

1,727

521

1,952

119,586

1,029

12,211

45,184

1,713

1,443

1,682

1,957

774

1,820

7,473

2,071

2,046

1,361

2,794

-

3,485

1,704

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss attributable to noncontrolling interest

-119

-119

-112

-97

-171

-185

-272

-396

-531

-992

19,793

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income attributable to the Company

1,618

2,453

2,001

9,825

1,898

706

2,224

119,982

1,560

13,203

25,391

1,713

1,443

1,682

1,957

-

-

-

-

-

-

-

-

-

-

2,341

-

3,002

2,271

3,123

1,357

2,684

1,643

2,124

1,754

2,379

1,683

6,395

2,599

Comprehensive income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

774

1,820

-

-

2,046

1,361

2,794

-

-

-

2,341

-

3,002

2,271

3,123

-

2,684

1,643

2,124

-

2,379

1,683

-

-

Basic earnings per common share
Income from continuing operations

0.15

0.24

0.19

0.30

0.16

0.06

0.20

-0.09

-0.07

-

4.36

0.01

-

0.17

-

-

-

-

0.20

0.21

0.09

0.12

-

0.18

0.10

-

-

-

-

-

0.12

0.29

0.18

0.23

0.18

0.25

0.16

0.16

0.27

Discontinued operations

0.00

0.00

0.00

0.68

0.01

-0.01

-0.01

12.01

0.17

-

0.16

0.16

-

0.00

-

-

-

-

0.01

0.00

0.05

0.17

-

0.18

0.08

-

-

-

-

-

0.01

0.00

0.00

0.00

0.01

0.01

0.02

0.53

0.01

Net income attributable to the Company

0.17

0.26

0.20

0.99

0.19

0.06

0.22

11.96

0.16

1.33

2.54

0.17

0.15

0.17

0.20

0.08

0.18

0.76

0.21

0.21

0.14

0.29

0.26

0.36

0.18

0.24

0.74

0.31

0.24

0.33

0.13

0.29

0.18

0.23

0.19

0.26

0.18

0.69

0.28

Diluted earnings per common share
Income from continuing operations

0.15

0.24

0.19

0.30

0.16

0.05

0.20

-0.09

-0.07

-

4.33

0.01

-

0.17

-

-

-

-

0.20

0.21

0.09

0.12

-

0.18

0.10

-

-

-

-

-

0.13

0.28

0.17

0.23

0.17

0.25

0.16

0.16

0.27

Discontinued operations

0.00

0.00

0.00

0.68

0.01

0.01

-0.01

11.92

0.17

-

0.16

0.16

-

0.00

-

-

-

-

0.00

0.00

0.05

0.17

-

0.18

0.08

-

-

-

-

-

0.01

0.00

0.00

0.00

0.01

0.00

0.02

0.52

0.01

Net income attributable to the Company

0.16

0.25

0.20

0.99

0.19

0.08

0.22

11.87

0.15

1.33

2.52

0.17

0.14

0.17

0.20

0.08

0.18

0.76

0.20

0.21

0.14

0.29

0.25

0.36

0.18

0.24

0.72

0.31

0.24

0.33

0.14

0.28

0.17

0.23

0.18

0.25

0.18

0.68

0.28

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

9

9

9

9

9

10

10

10

10

10

10

9

9

9

9

9

9

9

9

9

9

9

9

9

9

9

9

9

9

9

9

9

9

9

9

9

9

9

9

-diluted earnings per common share

9

9

9

9

9

10

10

10

10

10

10

10

10

9

9

9

9

9

9

9

9

9

9

9

9

9

9

9

9

9

9

9

9

9

9

9

9

9

9