THE GREENBRIER COMPANIES, INC. GBX Income Statement

The greenbrier companies, inc. (GBX)

Income statement / Quarterly

Feb'20	Nov'19	Aug'19	May'19	Feb'19	Nov'18	Aug'18	May'18	Feb'18	Nov'17	Aug'17	May'17	Feb'17	Nov'16	Aug'16	May'16	Feb'16	Nov'15	Aug'15	May'15	Feb'15	Nov'14	Aug'14	May'14	Feb'14	Nov'13	Aug'13	May'13	Feb'13	Nov'12	Aug'12	May'12	Feb'12	Nov'11	Aug'11	May'11	Feb'11	Nov'10
Revenue
Revenue
623,848	769,359	914,245	856,152	658,671	604,523	689,206	641,387	629,336	559,535	611,407	439,161	566,282	552,314	595,190	612,866	669,079	802,389	765,465	714,606	630,149	495,058	618,106	593,285	502,216	490,355	484,215	433,663	423,166	415,374	443,534	507,797	458,186	398,199	442,736	317,280	284,340	198,934
Cost of revenue
Cost of revenue
537,512	677,170	780,708	749,580	604,827	531,990	583,319	532,880	523,989	470,221	511,485	349,460	447,357	439,563	475,507	485,768	549,188	617,624	590,776	565,320	504,839	406,990	512,071	496,510	444,365	428,796	423,915	383,644	374,891	367,595	388,995	445,859	406,700	351,742	391,661	279,130	257,690	175,278
Margin
86,336	92,189	133,537	106,572	53,844	72,533	105,887	108,507	105,347	89,314	99,922	89,701	118,925	112,751	119,683	127,098	119,891	184,765	174,689	149,286	125,310	88,068	106,035	96,775	57,851	61,559	60,300	50,019	48,275	47,779	54,539	61,938	51,486	46,457	51,075	38,150	26,650	23,656
Selling and administrative expense
54,597	54,364	60,607	54,377	47,892	50,432	51,309	51,793	50,294	47,043	47,089	42,810	39,495	41,213	40,608	43,280	38,244	36,549	39,568	45,595	32,899	33,729	36,236	34,800	28,125	26,109	26,811	25,322	24,942	26,100	27,598	28,784	24,979	23,235	22,115	22,580	17,693	17,938
Net gain on disposition of equipment
6,697	3,959	3,489	11,019	12,102	14,353	4,556	14,825	5,817	19,171	4,947	1,581	2,090	1,122	4,470	311	10,746	269	406	720	121	83	353	5,619	5,416	3,651	8,457	5,131	3,076	1,408	67	2,585	2,654	3,658	2,220	1,678	1,961	2,510
Goodwill impairment
-	-	-	10,025	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	76,900	-	-	-	-	-	-	-	-	-	-
Gain on contribution to joint venture
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	29,006	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Restructuring charges
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	56	540	879	2,719	-	-	-	-	-	-	-	-	-	-	-
Earnings from operations
38,436	41,784	76,419	53,189	18,054	36,454	59,134	71,539	60,870	61,442	57,780	48,472	81,520	72,660	83,545	84,129	92,393	148,485	135,527	104,411	92,532	54,422	99,158	67,538	34,602	38,222	39,227	-47,072	26,409	23,087	27,008	35,739	29,161	26,880	31,180	17,248	10,918	8,228
Other costs
Interest and foreign exchange
12,609	12,852	7,501	9,770	9,237	4,404	8,786	6,533	7,029	7,020	8,901	7,894	5,673	1,724	2,937	3,712	1,417	5,436	1,824	4,285	1,929	3,141	4,415	5,437	4,099	4,744	4,031	5,905	6,322	5,900	6,236	6,560	6,630	5,383	6,345	9,807	10,536	10,304
Loss on extinguishment of debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-5,650	-10,007	-	-
Earnings before income taxes and earnings (loss) from unconsolidated affiliates
25,827	28,932	68,918	43,419	8,817	32,050	50,348	65,006	53,841	54,422	48,879	40,578	75,847	70,936	80,608	80,417	90,976	143,049	133,703	100,126	90,603	51,281	94,743	62,101	30,503	33,478	35,196	-52,977	20,087	17,187	20,772	29,179	22,531	21,497	19,185	-2,566	382	-2,076
Income tax expense
7,463	5,994	17,197	13,008	2,248	9,135	10,115	15,944	-11,301	18,135	10,114	8,656	24,858	20,386	19,420	22,449	25,734	44,719	35,951	30,783	29,372	16,054	35,693	16,303	9,883	10,522	12,155	2,729	5,590	4,586	10,593	8,655	5,348	7,797	4,376	-301	100	-611
Earnings before earnings (loss) from unconsolidated affiliates
18,364	22,938	51,721	30,411	6,569	22,915	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Earnings (loss) from unconsolidated affiliates
1,651	1,073	-922	-4,564	-786	467	-3,075	-12,823	147	-2,910	-6,511	-681	-1,988	-2,584	-825	1,564	974	383	204	982	-185	755	1,083	298	-67	41	249	82	-105	-40	-317	201	72	-372	-1,273	-539	-575	-587
Net earnings
20,015	24,011	50,799	25,847	5,783	23,382	37,158	36,239	65,289	33,377	32,254	31,241	49,001	47,966	60,363	59,532	66,216	98,713	97,956	70,325	61,046	35,982	60,133	46,096	20,553	22,997	23,290	-55,624	14,392	12,561	9,862	20,725	17,255	13,328	13,536	-2,804	-293	-2,052
Net earnings attributable to noncontrolling interest
6,386	16,342	15,692	10,599	3,018	5,426	6,223	3,288	3,647	7,124	8,508	-1,582	14,465	23,004	26,803	24,180	21,348	29,280	31,072	27,514	10,695	3,196	12,777	12,508	4,966	7,609	2,574	406	553	2,134	2,458	1,608	-415	-1,189	902	510	257	252
Net earnings attributable to Greenbrier
13,629	7,669	35,107	15,248	2,765	17,956	30,935	32,951	61,642	26,253	23,746	32,823	34,536	24,962	33,560	35,352	44,868	69,433	66,884	42,811	50,351	32,786	47,356	33,588	15,587	15,388	20,716	-56,030	13,839	10,427	7,404	19,117	17,670	14,517	12,634	-3,314	-550	-2,304
Basic earnings per common share
0.42	0.24	1.08	0.47	0.08	0.55	0.95	1.03	2.10	0.90	0.81	1.12	1.19	0.86	1.15	1.22	1.54	2.36	2.23	1.54	1.86	1.19	1.69	1.20	0.55	0.54	0.74	-2.10	0.51	0.38	0.27	0.71	0.66	0.57	0.50	-0.14	-0.02	-0.11
Diluted earnings per common share
0.41	0.23	1.06	0.46	0.08	0.54	0.94	1.01	1.91	0.83	0.75	1.03	1.09	0.79	1.06	1.12	1.41	2.15	2.02	1.33	1.57	1.01	1.43	1.03	0.50	0.49	0.64	-2.10	0.45	0.35	0.26	0.61	0.57	0.48	0.42	-0.14	-0.02	-0.11
Weighted average common shares:
Basic
32,661	32,629	32,591	32,601	32,628	32,640	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Diluted
33,482	33,284	33,177	33,184	33,206	33,093	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Dividends declared per common share
0.27	0.25	0.25	0.25	0.25	0.25	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Manufacturing
Revenue
489,943	657,367	802,103	681,588	476,019	471,789	571,175	510,099	511,827	451,485	508,547	317,104	445,504	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	306,172	364,930	320,206	262,656	305,554	173,487	156,621	85,440
Cost of revenue
422,309	581,912	686,036	590,788	442,996	417,805	489,517	427,875	429,165	380,850	425,531	245,228	346,653	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	269,921	325,424	290,851	236,188	275,154	158,674	147,552	79,747
Earnings from operations
46,105	53,143	94,628	72,110	13,990	36,855	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Wheels, Repair & Parts
Revenue
91,225	86,608	85,701	124,980	125,278	108,543	85,787	94,515	88,710	78,011	75,099	85,231	82,714	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	119,077	125,145	119,894	117,749	119,265	126,317	112,015	95,268
Cost of revenue
84,373	81,892	81,636	119,821	118,455	100,978	79,266	85,850	80,708	72,506	69,876	77,985	75,497	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	109,486	111,610	106,554	105,891	106,423	111,202	101,413	86,411
Earnings from operations
3,320	1,114	-191	-8,820	2,823	3,247	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Leasing & Services
Revenue
42,680	25,384	26,441	49,584	57,374	24,191	32,244	36,773	28,799	30,039	27,761	36,826	38,064	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	18,285	17,722	18,086	17,794	17,917	17,476	15,704	18,226
Cost of revenue
30,830	13,366	13,036	38,971	43,376	13,207	14,536	19,155	14,116	16,865	16,078	26,247	25,207	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	9,588	8,825	9,295	9,663	10,084	9,254	8,725	9,120
Earnings from operations
12,793	9,777	10,883	15,337	21,030	17,513	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-