KANSAS CITY SOUTHERN KSU Income Statement

Kansas city southern (KSU)

Income statement / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10	Dec'09	Sep'09	Jun'09	Mar'09	Sep'08	Jun'08
Revenues
731,700	729,500	747,700	714,000	674,800	694,000	699,000	682,400	638,600	660,400	656,600	656,400	609,500	598,500	604,500	568,500	562,700	598,000	631,900	585,800	603,100	642,500	677,500	649,700	607,400	615,600	621,600	579,300	552,800	568,400	577,400	545,300	547,500	530,300	544,500	534,900	488,600	478,600	438,300	461,600	436,300	406,800	386,100	341,300	346,000	491,500	486,200
Operating expenses:
Compensation and benefits
133,400	137,100	134,800	128,300	128,900	128,300	123,500	122,300	121,600	122,200	129,000	125,200	117,400	115,400	127,900	109,000	110,100	103,900	112,700	108,000	117,600	123,200	125,200	115,500	110,600	113,200	111,400	110,100	106,900	107,000	108,400	105,800	109,300	109,700	109,300	104,400	100,400	97,600	87,300	93,700	90,700	88,300	83,400	79,000	78,000	93,100	96,400
Purchased services
53,300	56,300	53,400	56,700	52,800	51,500	52,600	49,500	47,100	47,200	46,300	51,400	48,800	49,400	54,500	53,700	50,900	50,900	57,000	57,000	58,100	62,000	64,200	63,800	55,200	57,200	57,200	50,900	52,300	50,500	54,600	60,300	54,400	51,300	50,600	54,800	48,100	48,200	48,000	48,000	44,900	44,400	37,100	46,600	45,600	51,000	53,500
Fuel costs
74,900	82,600	87,100	87,700	83,000	91,200	90,200	85,500	81,300	81,700	80,100	78,900	75,400	67,800	67,600	61,600	56,800	69,900	78,500	77,500	81,000	95,100	109,200	107,700	103,900	103,000	102,700	93,000	90,900	94,900	89,500	86,900	88,300	88,500	86,500	92,000	79,500	71,900	61,800	69,100	60,800	56,200	49,700	40,200	43,300	90,100	91,100
Mexican fuel excise tax credit
-	-	0	0	-	11,100	9,400	8,000	9,200	8,500	11,100	12,800	11,700	13,200	15,600	34,000	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Equipment costs
21,900	26,800	25,100	26,300	30,400	30,200	33,000	30,700	32,200	35,900	30,900	31,200	31,200	34,100	32,000	27,200	26,700	29,200	31,200	29,900	29,100	29,600	28,400	29,500	31,700	40,500	39,500	38,600	41,900	42,800	42,900	41,100	40,300	46,500	41,400	42,700	41,400	44,900	37,500	41,300	38,700	42,000	41,800	41,200	39,100	44,600	46,400
Depreciation and amortization
89,400	88,000	86,500	87,700	88,500	89,600	87,500	86,300	83,300	79,300	81,900	80,400	79,300	78,100	76,900	75,700	74,300	73,900	71,400	70,800	68,500	67,300	65,000	63,900	61,900	58,300	57,200	54,700	53,100	51,900	49,800	48,700	48,400	47,100	47,900	45,500	45,700	46,100	46,100	46,900	45,800	42,700	44,600	47,400	46,900	42,700	40,200
Materials and other
64,000	64,400	66,800	68,300	63,400	66,400	65,600	70,300	63,600	64,800	65,700	62,800	58,400	56,000	61,400	55,400	56,000	51,300	61,200	55,800	61,000	51,400	56,100	55,100	54,200	47,300	53,300	52,700	44,800	47,700	51,500	41,700	49,000	36,800	52,600	43,900	45,700	34,800	41,600	35,400	47,200	73,200	33,600	36,100	33,000	35,700	35,400
Restructuring charges
6,000	38,300	12,000	51,000	67,500	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Lease termination costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	9,600	0	0	8,400	29,900	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Elimination of deferred statutory profit sharing liability, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	43,000	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-
Casualties and insurance
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	12,000	7,700	12,500	23,300	18,600
Gain on insurance recoveries related to hurricane damage
-	-	0	-	-	-	9,400	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	25,600	-	-	-	0	-	-	-	-	-	-	-	-
Total operating expenses
442,900	493,500	465,700	506,000	514,500	437,600	433,600	436,600	419,900	422,600	422,800	417,100	398,800	387,600	404,700	348,600	374,800	379,100	412,000	399,000	424,900	428,600	448,100	443,900	447,400	419,500	421,300	400,000	389,900	394,800	396,700	341,500	389,700	379,900	362,700	383,300	360,800	343,500	322,300	334,400	328,100	314,600	302,200	298,200	298,400	380,500	381,600
Operating income
288,800	236,000	282,000	208,000	160,300	256,400	265,400	245,800	218,700	237,800	233,800	239,300	210,700	210,900	199,800	219,900	187,900	218,900	219,900	186,800	178,200	213,900	229,400	205,800	160,000	196,100	200,300	179,300	162,900	173,600	180,700	203,800	157,800	150,400	181,800	151,600	127,800	135,100	116,000	127,200	108,200	92,200	83,900	43,100	47,600	111,000	104,600
Income (Loss) from Equity Method Investments
1,000	-2,600	2,100	-200	1,700	800	-200	1,000	1,000	1,800	2,800	2,900	4,000	4,200	3,500	3,000	3,900	3,900	5,000	5,000	4,400	4,500	5,000	5,900	5,700	5,000	4,800	3,500	5,500	4,200	4,400	4,900	5,800	4,600	4,700	5,300	3,600	3,500	5,200	4,600	6,400	2,800	1,900	2,000	1,000	5,000	4,700
Interest expense
34,200	31,800	27,900	28,000	28,200	28,200	28,300	28,000	25,500	25,300	25,200	25,000	24,700	24,500	25,200	24,400	23,600	23,700	21,900	17,700	18,600	18,300	17,900	17,900	18,700	19,400	18,300	19,200	23,700	23,800	24,100	25,300	27,200	31,400	32,200	32,400	33,100	35,600	36,200	41,900	44,400	45,300	41,200	45,400	41,800	35,500	27,700
Debt retirement costs
0	-500	0	0	-600	0	0	-2,200	0	-	0	0	-	-	-	-	-	-	-	-	-	0	0	0	-6,600	-5,400	-2,400	-111,400	0	-2,100	0	-5,100	-12,900	-24,500	-3,900	-10,300	0	-19,000	-1,900	-32,500	-14,900	0	0	0	-5,900	0	-5,600
Foreign Currency Transaction Gain (Loss), before Tax
-59,500	7,600	-3,400	8,300	4,600	-8,500	9,500	-21,000	27,800	-20,100	800	14,200	46,800	-24,700	-19,800	-24,000	-3,500	-4,500	-30,000	-10,500	-11,600	-31,400	-12,500	5,300	3,100	4,900	-1,400	-22,200	13,500	-1,400	3,700	-3,500	3,900	-2,300	-7,200	400	-100	1,500	2,000	-1,400	2,600	2,700	-1,500	6,000	-5,100	-7,500	5,700
Other income, net
1,400	-1,200	2,000	100	100	1,600	600	500	-300	-1,000	-300	-100	1,100	-200	0	-700	200	-300	-1,100	-1,200	-800	1,500	-400	-2,800	-500	-300	-700	-100	300	-200	-100	-800	100	-100	600	0	1,700	800	2,400	1,000	500	500	300	2,900	1,500	3,800	200
Income before income taxes
197,500	207,500	254,800	188,200	137,900	222,100	247,000	196,100	221,700	193,200	211,900	231,300	237,900	165,700	158,300	173,800	164,900	186,700	171,900	162,400	151,600	170,200	203,600	196,300	143,000	180,900	182,300	29,900	158,500	150,300	164,600	174,000	127,500	96,700	143,800	114,600	99,900	86,300	87,500	57,000	58,400	52,900	43,400	8,600	-2,700	76,800	81,900
Income tax expense
45,200	79,600	74,200	59,100	34,700	60,300	73,000	47,400	76,800	-359,200	82,000	96,600	91,000	35,400	37,300	53,300	56,800	46,700	40,000	50,200	50,400	28,500	65,200	66,100	49,000	66,500	63,300	14,200	54,300	57,800	73,900	53,100	52,200	700	43,700	42,900	35,800	30,700	34,700	19,600	24,200	17,700	14,800	1,500	100	25,100	26,400
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
152,300	127,900	180,600	129,100	103,200	161,800	174,000	148,700	144,900	552,400	129,900	134,700	146,900	130,300	121,000	120,500	108,100	140,000	131,900	112,200	101,200	141,700	138,400	130,200	94,000	114,400	119,000	15,700	104,200	92,500	90,700	120,900	75,300	96,000	100,100	71,700	64,100	55,600	52,800	37,400	34,200	35,200	28,600	7,100	-2,800	51,700	55,500
Less: Net income attributable to noncontrolling interest
500	700	400	400	400	700	400	500	400	700	600	300	300	700	400	400	300	700	300	400	400	700	300	400	300	600	600	300	400	700	600	500	300	300	300	900	100	1,000	-100	0	-1,100	200	400	500	-100	100	100
Net income attributable to Kansas City Southern and subsidiaries
151,800	127,200	180,200	128,700	102,800	161,100	173,600	148,200	144,500	551,700	129,300	134,400	146,600	129,600	120,600	120,100	107,800	139,300	131,600	111,800	100,800	141,000	138,100	129,800	93,700	113,800	118,400	15,400	103,800	91,800	90,100	120,400	75,000	95,700	99,800	70,800	64,000	54,600	52,900	37,400	35,300	35,000	28,200	6,600	-2,700	51,600	55,400
Preferred stock dividends
100	0	100	0	100	0	100	0	100	0	100	0	100	0	100	0	100	0	100	0	100	0	100	0	100	0	100	0	100	0	100	0	100	100	0	100	1,400	2,800	2,700	2,800	2,700	2,700	2,800	100	5,400	2,700	4,900
Net Income (Loss) Available to Common Stockholders, Basic
151,700	127,200	180,100	128,700	102,700	161,100	173,500	148,200	144,400	551,700	129,200	134,400	146,500	129,600	120,500	120,100	107,700	139,300	131,500	111,800	100,700	141,000	138,000	129,800	93,600	113,800	118,300	15,400	103,700	91,800	90,000	120,400	74,900	95,600	99,800	70,700	62,600	51,800	50,200	34,600	32,600	32,300	25,400	6,500	-8,100	48,900	50,500
Earnings Per Share [Abstract]
Basic earnings per share
1.59	1.30	1.81	1.29	1.02	1.59	1.71	1.45	1.41	5.29	1.24	1.27	1.38	1.20	1.12	1.12	1.00	1.29	1.20	1.01	0.91	1.28	1.25	1.18	0.85	1.03	1.08	0.14	0.94	0.84	0.82	1.10	0.68	0.88	0.91	0.65	0.60	0.51	0.49	0.35	0.34	0.35	0.27	0.07	-0.09	0.55	0.64
Diluted earnings per share
1.58	1.29	1.81	1.28	1.02	1.58	1.70	1.45	1.40	5.28	1.23	1.27	1.38	1.21	1.12	1.11	0.99	1.28	1.20	1.01	0.91	1.27	1.25	1.18	0.85	1.03	1.07	0.14	0.94	0.84	0.82	1.09	0.68	0.87	0.91	0.64	0.58	0.51	0.48	0.34	0.34	0.35	0.27	0.07	-0.09	0.52	0.56
Weighted Average Number of Shares Outstanding Reconciliation [Abstract]
Weighted Average Number of Shares Outstanding, Basic
95,662	97,440	99,296	100,028	100,500	101,084	101,658	102,092	102,574	103,004	104,324	105,473	106,111	106,842	107,621	107,720	108,057	108,501	109,692	110,334	110,309	110,224	110,182	110,160	110,086	110,014	110,003	109,968	109,907	109,798	109,739	109,689	109,622	109,620	109,515	109,428	104,269	102,337	102,082	99,907	95,890	95,199	94,683	91,955	90,743	88,400	79,272
Weighted Average Number Diluted Shares Outstanding Adjustment
509	512	403	394	415	418	452	400	402	394	354	285	215	208	191	187	218	216	209	181	218	267	259	237	317	385	370	355	358	343	388	367	374	277	347	382	5,482	21,465	7,428	459	568	-	560	7,453	-	10,518	19,874
Diluted
96,171	97,952	99,699	100,422	100,915	101,502	102,110	102,492	102,976	103,398	104,678	105,758	106,326	107,050	107,812	107,907	108,275	108,717	109,901	110,515	110,527	110,491	110,441	110,397	110,403	110,399	110,373	110,323	110,265	110,141	110,127	110,056	109,996	109,897	109,862	109,810	109,751	123,802	109,510	100,366	96,458	89,202	95,243	99,408	90,743	98,918	99,146
Cash dividends declared per common share
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.19	-	0.00	0.00	0.00	-	-	-	-	-	-	-	-	-	-