Landstar system inc (LSTR)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09Dec'08
Revenue

4,100

4,615

3,646

3,167

3,321

3,184

2,664

2,770

2,628

2,400

2,008

2,643

Investment income

5

3

2

1

1

1

1

1

1

1

1

3

Costs and expenses:
Purchased transportation

3,127

3,569

2,805

2,415

2,551

2,461

2,046

2,130

2,007

1,824

1,503

2,033

Commissions to agents

342

378

297

264

270

250

211

218

209

181

160

203

Other operating costs, net of gains on asset sales/dispositions

37

31

28

29

31

25

21

22

28

28

29

28

Insurance and claims

80

75

62

57

48

46

50

37

42

49

45

36

Selling, general and administrative

158

188

170

143

149

150

131

138

136

153

133

137

Depreciation and amortization

44

43

40

35

29

27

27

25

23

24

23

20

Total costs and expenses

3,790

4,287

3,404

2,945

3,080

2,961

2,489

2,571

2,449

2,261

1,896

2,459

Operating income

298

331

243

223

241

224

176

200

180

139

113

186

Interest and debt expense

3

3

3

3

2

3

3

3

3

3

4

7

Income before income taxes

295

328

240

219

238

221

173

197

177

136

109

179

Income taxes

68

73

63

82

91

82

64

71

66

49

39

68

Income from continuing operations

-

-

-

-

-

-

2.37

2.71

2.35

-

-

-

Income from discontinued operations

-

-

-

-

-

-

0.81

0.07

0.03

-

-

-

Net income

227

255

176

137

147

-

-

-

-

86

69

110

Income from continuing operations

-

-

-

-

-

-

108

126

111

-

-

-

Income from discontinued operations, net of income taxes

-

-

-

-

-

-

4

3

1

-

-

-

Gain on sale of discontinued operations, net of income taxes

-

-

-

-

-

-

33

-

-

-

-

-

Income from discontinued operations, net of income taxes

-

-

-

-

-

-

37

3

1

-

-

-

Less: Net loss attributable to noncontrolling interest

-0

-0

-0

-

-

-

-

-

-

-0

-0

-

Net income attributable to Landstar System, Inc. and subsidiary

227

255

177

137

147

138

146

129

113

87

70

110

Earnings per common share attributable to Landstar System, Inc. and subsidiary

5.72

6.19

4.22

3.26

3.38

3.09

3.17

2.78

2.38

1.77

1.38

2.11

Income from continuing operations

-

-

-

-

-

-

2.36

2.70

2.35

-

-

-

Income from discontinued operations

-

-

-

-

-

-

0.80

0.07

0.03

-

-

-

Diluted earnings per share attributable to Landstar System, Inc. and subsidiary

5.72

6.18

4.21

3.25

3.37

3.07

3.16

2.77

2.38

1.77

1.37

2.10

Average number of shares outstanding:
Earnings per common share

39

41

41

42

43

44

46

46

47

49

51

52

Diluted earnings per share

39

41

42

42

43

45

46

46

47

49

51

52

Dividends per common share

2.70

0.63

1.88

0.34

0.30

1.26

0.35

0.73

0.21

0.19

0.17

0.15