Griffin industrial realty, inc. (GRIF)
Income statement / Quarterly
Feb'20Nov'19Aug'19May'19Feb'19Nov'18Aug'18May'18Feb'18Nov'17Aug'17May'17Feb'17Nov'16Aug'16May'16Feb'16Nov'15Aug'15May'15Feb'15Nov'14Aug'14May'14Feb'14Nov'13Aug'13May'13Feb'13Nov'12Aug'12May'12Feb'12Nov'11Aug'11May'11Feb'11Aug'10
Rental revenue

8,914

8,759

8,600

8,421

8,437

8,403

8,001

8,193

8,180

7,869

7,759

7,332

6,979

6,489

6,514

6,802

6,682

6,639

6,608

5,951

5,407

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Revenue from property sales

750

0

302

8,660

866

0

0

898

125

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Rental revenue and property sales

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

9,866

4,476

4,413

-

5,044

4,438

4,406

4,912

Landscape nursery net sales and other revenue

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,681

8,258

200

-

2,969

9,262

183

2,620

Total revenue

9,664

8,759

8,902

17,081

9,303

8,403

8,001

9,091

8,305

-

-

-

-

-

-

-

-

-

-

-

-

-

6,099

5,341

5,059

8,009

5,504

6,388

5,625

-5,679

12,547

12,734

4,613

-3,645

8,013

13,700

4,589

7,532

Revenue from property sales

-

-

-

-

-

-

-

-

-

-

2,195

10,755

-

-

751

-278

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Revenue from property sales

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,576

245

826

2,393

904

277

93

2,668

331

1,590

884

-

-

-

-

-

-

-

-

-

Total revenue

-

-

-

-

-

-

-

-

-

-

9,954

18,087

6,979

10,380

7,265

6,524

6,682

7,475

8,184

6,196

6,233

8,994

5,195

5,064

4,966

5,341

5,173

4,798

4,741

-

-

-

-

-

-

-

-

-

Operating expenses of rental properties

2,856

2,428

2,483

2,419

2,665

2,254

2,189

2,412

2,677

2,044

2,133

2,204

2,485

2,110

1,982

1,992

2,166

2,005

2,125

1,872

2,413

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating expenses of rental properties

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,800

1,747

2,451

1,917

1,752

1,723

2,064

-

-

-

-

-

-

-

-

-

Depreciation and amortization expense

3,235

2,995

2,925

2,939

2,942

2,954

2,743

2,889

2,818

2,691

2,637

2,386

2,350

2,257

2,226

2,169

2,145

2,041

1,923

1,886

1,818

1,739

1,711

1,638

1,641

1,688

1,665

1,727

1,593

-

-

-

-

-

-

-

-

-

General and administrative expenses

2,057

2,110

1,668

1,809

2,090

1,934

1,842

1,836

2,137

2,421

1,735

2,166

2,230

1,932

1,775

2,093

1,567

1,866

1,333

1,847

2,011

1,555

1,642

1,696

2,184

1,760

1,690

2,135

2,205

-

-

-

-

-

-

-

-

-

Costs related to property sales

166

0

176

1,009

814

0

0

55

89

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total expenses

8,314

7,533

7,252

8,176

8,511

7,142

6,774

7,192

7,721

8,021

6,760

9,416

7,065

6,916

6,176

6,254

5,878

6,062

5,543

5,723

6,446

5,576

5,383

5,151

6,300

6,043

5,235

5,807

6,005

-

-

-

-

-

-

-

-

-

Costs related to property sales

-

-

-

-

-

-

-

-

-

-

255

2,660

-

-

193

-

-

150

162

118

204

479

230

70

24

678

128

222

143

-

-

-

-

-

-

-

-

-

Gain on insurance recovery

-

-

-

126

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Costs related to rental revenue and property sales

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,747

2,929

2,993

-

3,077

2,889

3,639

3,126

Costs of landscape nursery net sales and other revenue

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,434

7,162

173

-

2,843

8,035

881

3,381

Total costs of goods sold and costs related to rental revenue and property sales

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6,181

10,091

3,166

-

5,920

10,924

4,520

6,507

Gross profit

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6,366

2,643

1,447

-

2,093

2,776

69

1,025

Selling, general and administrative expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,354

2,698

2,722

-

2,007

2,994

2,832

2,071

(Gain) on insurance recovery

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

200

-

Operating income

1,350

-1,874

1,650

9,031

792

1,261

1,227

1,899

584

843

3,194

8,671

-86

3,464

1,089

270

804

1,413

2,641

473

-213

2,144

716

190

-1,241

1,966

269

581

-380

704

4,012

-55

-1,275

5,061

86

-218

-2,563

-1,046

Interest expense

-1,792

-1,632

-1,508

-1,618

-1,650

-1,704

-1,487

-1,547

-1,532

-1,490

-1,443

-1,444

-1,313

-

-

-

-

-

-

-

-927

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Investment income

26

22

61

89

92

76

49

11

15

24

7

53

9

45

0

55

7

50

6

71

34

82

31

141

47

-

-

51

-

134

10

82

387

105

14

80

11

20

Interest expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,162

1,062

1,091

-

801

917

-

-

987

774

904

967

938

965

978

1,011

817

830

875

974

1,061

1,056

1,076

1,173

Gain on sale of investment in Shemin Nurseries Holding Corp.

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

3,397

-

-

-

-

-

-

-

-

-

Gain on sales of common stock of Centaur Media plc

-

-

-

-

-

-

-

-

-

-

275

-

-

-

-

-

-

-

-

-

-

0

0

0

318

584

0

0

504

-

-

-

-

-

-

-

-

-

Gain on sale of assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

122

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss on debt extinguishment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-51

-

-

-

-

-286

-

-

-

-

-

-

-

-

-

-

Loss before income tax

-416

-3,484

203

7,502

-766

-367

-211

363

-933

-623

2,033

7,280

-1,390

2,279

-73

-615

-280

438

1,846

-373

-1,106

1,362

-291

-443

-1,780

1,647

-669

-619

2,543

-173

3,205

-803

-1,763

-

-961

-

-

-

Loss before income tax benefit

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1,194

-3,628

-2,199

Income tax benefit

-96

-902

-814

1,683

-180

-228

-89

32

790

-133

704

2,553

-451

940

-24

-236

55

274

643

-139

-398

1,089

-93

-218

-682

537

-179

-225

859

-24

1,323

-391

-638

1,900

-393

-428

-1,362

-886

Net loss

-320

-2,582

1,017

5,819

-586

-139

-122

331

-1,723

-490

1,329

4,727

-939

-

-49

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income (loss) from continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

273

-198

-225

-1,098

1,110

-490

-394

1,684

-149

1,882

-412

-1,125

2,292

-568

-766

-2,266

-

Income (loss) from landscape nursery business, net of tax, including loss on sale of assets of $28, net of tax, in fiscal 2014

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-282

374

-

-

-

-

-

-

-

-

-

Income from operations, net of tax

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

117

-

140

137

137

-

Gain on sale of warehouse building, net of tax

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

1,530

-

-

-

-

-

Income from landscape nursery business, net of tax, including loss on sale of assets of $28, net of tax

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

26

390

-272

-

-439

-

-

-877

0

0

1,647

-1,580

140

137

137

-

Net income (loss)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-379

-335

-

1,203

-234

-708

273

-172

165

-1,370

-6,090

-929

-112

1,310

-1,026

1,882

-412

522

712

-428

-629

-2,129

-1,313

Basic net loss per common share:
Basic net loss from continuing operations (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.14

0.05

-0.04

-0.04

-0.21

0.22

-0.10

-0.08

0.33

-0.03

0.37

-0.08

-0.22

0.45

-0.11

-0.15

-0.44

-

Loss from discontinued operations (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.01

0.01

0.07

-0.06

-1.40

-0.08

0.06

-0.08

-0.17

0.00

0.00

0.32

-0.31

0.03

0.03

0.02

-

Basic net loss per common share

-0.06

-0.51

0.20

1.15

-0.12

-0.04

-0.02

0.07

-0.34

-0.11

0.27

0.95

-0.19

0.26

-0.01

-0.07

-0.07

-

0.23

-0.05

-

0.06

-0.03

0.03

-0.27

-1.18

-0.18

-0.02

0.25

-0.20

0.37

-0.08

0.10

0.14

-0.08

-0.12

-0.42

-0.26

Diluted net loss per common share:
Diluted net loss from continuing operations (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.14

0.05

-0.04

-0.04

-0.21

0.22

-0.10

-0.08

0.33

-0.03

0.37

-0.08

-0.22

0.45

-0.11

-0.15

-0.44

-

Income (loss) from discontinued operations (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.01

0.01

0.07

-0.06

-1.40

-0.08

0.06

-0.08

-0.17

0.00

0.00

0.32

-0.31

0.03

0.03

0.02

-

Diluted net loss per common share

-0.06

-0.50

0.20

1.14

-0.12

-0.04

-0.02

0.07

-0.34

-0.09

0.26

0.94

-0.19

0.26

-0.01

-0.07

-0.07

-

0.23

-0.05

-

0.06

-0.03

0.03

-0.27

-1.18

-0.18

-0.02

0.25

-0.20

0.37

-0.08

0.10

0.14

-0.08

-0.12

-0.42

-0.26