Griffin industrial realty, inc. (GRIF)
Income statement / TTM
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

34,694

34,217

33,861

33,262

33,034

32,777

32,243

32,001

31,140

29,939

28,559

27,314

26,784

26,487

26,637

26,731

25,880

24,605

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Revenue from property sales

9,712

9,828

9,828

9,526

1,764

1,023

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Rental revenue and property sales

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

18,800

0

0

0

Landscape nursery net sales and other revenue

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

15,034

0

0

0

Total revenue

44,406

44,045

43,689

42,788

34,798

33,800

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

24,508

23,913

24,960

25,526

11,838

18,881

25,227

24,215

26,249

21,715

22,681

22,657

33,834

0

0

0

Revenue from property sales

-

-

-

-

-

-

-

-

-

-

0

0

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Revenue from property sales

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,040

4,368

4,400

3,667

3,942

3,369

4,682

5,473

0

0

0

-

-

-

-

-

-

-

-

-

Total revenue

-

-

-

-

-

-

-

-

-

-

45,400

42,711

31,148

30,851

27,946

28,865

28,537

28,088

29,607

26,618

25,486

24,219

20,566

20,544

20,278

20,053

0

0

0

-

-

-

-

-

-

-

-

-

Operating expenses of rental properties

10,186

9,995

9,821

9,527

9,520

9,532

9,322

9,266

9,058

8,866

8,932

8,781

8,569

8,250

8,145

8,288

8,168

8,415

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating expenses of rental properties

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

7,915

7,867

7,843

7,456

0

0

0

-

-

-

-

-

-

-

-

-

Depreciation and amortization expense

12,094

11,801

11,760

11,578

11,528

11,404

11,141

11,035

10,532

10,064

9,630

9,219

9,002

8,797

8,581

8,278

7,995

7,668

7,366

7,154

6,906

6,729

6,678

6,632

6,721

6,673

0

0

0

-

-

-

-

-

-

-

-

-

General and administrative expenses

7,644

7,677

7,501

7,675

7,702

7,749

8,236

8,129

8,459

8,552

8,063

8,103

8,030

7,367

7,301

6,859

6,613

7,057

6,746

7,055

6,904

7,077

7,282

7,330

7,769

7,790

0

0

0

-

-

-

-

-

-

-

-

-

Costs related to property sales

1,351

1,999

1,999

1,823

869

144

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total expenses

31,275

31,472

31,081

30,603

29,619

28,829

29,708

29,694

31,918

31,262

30,157

29,573

26,411

25,224

24,370

23,737

23,206

23,774

23,288

23,128

22,556

22,410

22,877

22,729

23,385

23,090

0

0

0

-

-

-

-

-

-

-

-

-

Costs related to property sales

-

-

-

-

-

-

-

-

-

-

0

0

-

-

0

-

-

634

963

1,031

983

803

1,002

900

1,052

1,171

0

0

0

-

-

-

-

-

-

-

-

-

Gain on insurance recovery

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Costs related to rental revenue and property sales

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

12,731

0

0

0

Costs of landscape nursery net sales and other revenue

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

15,140

0

0

0

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

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

27,871

0

0

0

Gross profit

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

5,963

0

0

0

Selling, general and administrative expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

9,904

0

0

0

(Gain) on insurance recovery

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

Operating income

10,157

9,599

12,734

12,311

5,179

4,971

4,553

6,520

13,292

12,622

15,243

13,138

4,737

5,627

3,576

5,128

5,331

4,314

5,045

3,120

2,837

1,809

1,631

1,184

1,575

2,436

1,174

4,917

4,281

3,386

7,743

3,817

3,654

2,366

-3,741

0

0

0

Interest expense

-6,550

-6,408

-6,480

-6,459

-6,388

-6,270

-6,056

-6,012

-5,909

-5,690

0

0

0

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Investment income

198

264

318

306

228

151

99

57

99

93

114

107

109

107

112

118

134

161

193

218

288

301

270

0

0

-

-

0

-

613

584

588

586

210

125

0

0

0

Interest expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

-

-

3,632

3,583

3,774

3,848

3,892

3,771

3,636

3,533

3,496

3,740

3,966

4,167

4,366

0

0

0

Gain on sale of investment in Shemin Nurseries Holding Corp.

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,397

0

0

0

-

-

-

-

-

-

-

-

-

Gain on sales of common stock of Centaur Media plc

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

318

902

902

902

1,088

0

0

0

-

-

-

-

-

-

-

-

-

Gain on sale of assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss on debt extinguishment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

Loss before income tax

3,805

3,455

6,572

6,158

-981

-1,148

-1,404

840

7,757

7,300

10,202

8,096

201

1,311

-530

1,389

1,631

805

1,729

-408

-478

-1,152

-867

-1,245

-1,421

2,902

1,082

4,956

4,772

466

-322

0

0

-

0

-

-

-

Loss before income tax benefit

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

Income tax benefit

-129

-213

461

1,186

-465

505

600

1,393

3,914

2,673

3,746

3,018

229

735

69

736

833

380

1,195

459

380

96

-456

-542

-549

992

431

1,933

1,767

270

2,194

478

441

-283

-3,069

0

0

0

Net loss

3,934

3,668

6,111

4,972

-516

-1,653

-2,004

-553

3,843

4,627

5,068

0

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income (loss) from continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1,248

-411

-703

-872

1,910

651

3,023

3,005

196

2,637

187

-167

-1,308

0

0

0

-

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

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

Income from operations, net of tax

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

-

Gain on sale of warehouse building, net of tax

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,530

0

0

0

-

-

-

-

-

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

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

144

-295

0

0

-

0

-

-

770

67

207

344

-1,166

0

0

0

-

Net income (loss)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

653

798

-

534

-841

-442

-1,104

-7,467

-8,224

-8,501

-5,821

-757

2,054

1,754

966

2,704

394

177

-2,474

-4,499

0

0

0

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