LANDSTAR SYSTEM INC LSTR Income Statement

Landstar system inc (LSTR)

Income statement / TTM

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	Sep'09	Jun'09
Revenue
3,994	4,100	4,272	4,462	4,600	4,615	4,484	4,225	3,913	3,646	3,487	3,332	3,236	3,167	3,123	3,177	3,270	3,321	3,335	3,312	3,258	3,184	3,013	2,870	2,730	2,664	2,641	2,683	2,744	2,770	2,798	2,765	2,705	2,628	2,519	2,457	2,424	2,400	2,313	2,181	0	0	0
Investment income
5	5	4	4	4	3	3	3	2	2	2	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	0	0	0
Costs and expenses:
Purchased transportation
3,044	3,127	3,276	3,433	3,551	3,569	3,473	3,269	3,019	2,805	2,674	2,549	2,470	2,415	2,381	2,426	2,504	2,551	2,568	2,556	2,518	2,461	2,326	2,211	2,099	2,046	2,039	2,069	2,114	2,130	2,151	2,122	2,069	2,007	1,902	1,858	1,838	1,824	1,754	1,646	0	0	0
Commissions to agents
331	342	360	374	381	378	362	339	315	297	285	274	268	264	260	264	269	270	268	264	257	250	236	225	215	211	211	214	216	218	219	218	215	209	199	192	185	181	174	166	0	0	0
Other operating costs, net of gains on asset sales/dispositions
37	37	36	34	32	31	30	29	29	28	30	30	29	29	28	29	31	31	30	28	26	25	25	25	22	21	20	20	21	22	23	23	26	28	28	28	29	28	28	29	0	0	0
Insurance and claims
90	80	73	68	73	75	73	73	65	62	60	55	57	57	53	51	48	48	46	47	49	46	51	52	50	50	45	40	37	37	36	38	42	42	45	47	48	49	47	46	0	0	0
Selling, general and administrative
163	158	167	176	184	188	188	185	177	170	160	150	146	143	144	146	147	149	153	152	151	150	145	140	135	131	119	125	130	138	138	140	138	136	150	152	153	153	147	139	0	0	0
Depreciation and amortization
44	44	44	44	43	43	43	42	41	40	39	38	37	35	33	32	30	29	28	28	27	27	27	27	27	27	25	25	24	25	25	24	24	23	25	25	25	24	24	23	0	0	0
Total costs and expenses
3,712	3,790	3,958	4,132	4,266	4,287	4,172	3,939	3,649	3,404	3,252	3,098	3,010	2,945	2,902	2,950	3,031	3,080	3,096	3,078	3,031	2,961	2,812	2,681	2,551	2,489	2,461	2,495	2,546	2,571	2,595	2,567	2,517	2,449	2,352	2,305	2,280	2,261	2,177	2,052	0	0	0
Operating income
272	298	318	334	337	331	315	289	266	243	237	235	227	223	222	227	240	241	240	235	228	224	202	189	179	176	181	189	199	200	204	200	189	180	168	154	145	139	136	130	0	0	0
Interest and debt expense
3	3	3	3	3	3	3	2	2	3	3	3	3	3	3	3	3	2	3	3	3	3	3	3	3	3	3	3	3	3	3	2	3	3	3	3	3	3	3	3	0	0	0
Income before income taxes
268	295	315	331	334	328	312	286	263	240	234	231	223	219	218	224	237	238	237	232	225	221	199	186	176	173	178	185	196	197	201	197	186	177	164	150	142	136	133	127	0	0	0
Income taxes
63	68	69	72	73	73	61	59	61	63	82	85	83	82	83	85	90	91	88	86	84	82	74	69	65	64	63	66	70	71	74	72	69	66	60	55	51	49	50	48	0	0	0
Income from continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.56	0.62	0.64	0.55	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income from discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.75	0.02	0.02	0.02	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income
205	227	245	259	261	255	251	227	202	176	148	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	104	95	90	86	82	78	0	0	0
Income from continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	108	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income from discontinued operations, net of income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	37	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Less: Net loss attributable to noncontrolling interest
-	-0	-0	-0	-0	-0	-0	-0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0	-0	-0	-0	-0	0	0	0	-
Net income attributable to Landstar System, Inc. and subsidiary
205	227	245	259	261	255	251	227	202	177	151	145	140	137	135	138	146	147	148	145	141	138	159	152	146	146	0	0	0	-	-	-	-	113	104	96	90	87	83	79	0	0	0
Earnings per common share attributable to Landstar System, Inc. and subsidiary
1.04	1.26	1.35	1.53	1.58	1.69	1.63	1.51	1.37	1.54	1.01	0.89	0.77	0.94	0.86	0.77	0.69	0.88	0.91	0.92	0.67	0.86	0.82	0.80	0.61	1.29	0.64	0.66	0.58	0.74	0.71	0.76	0.57	0.69	0.64	0.62	0.43	0.50	0.44	0.49	0.34	0.39	0.35
Income from continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.55	0.62	0.64	0.55	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income from discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.74	0.02	0.02	0.02	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Diluted earnings per share attributable to Landstar System, Inc. and subsidiary
1.04	1.26	1.35	1.53	1.58	1.68	1.63	1.51	1.37	1.54	1.01	0.89	0.77	0.94	0.86	0.76	0.69	0.88	0.90	0.92	0.67	0.84	0.82	0.80	0.61	1.29	0.64	0.66	0.57	0.73	0.71	0.76	0.57	0.69	0.64	0.62	0.43	0.50	0.44	0.49	0.34	0.39	0.35
Average number of shares outstanding:
Earnings per common share
39	39	39	39	40	40	41	41	42	41	41	41	41	41	42	42	42	42	43	43	44	44	44	44	45	45	45	46	46	46	46	46	46	46	47	47	47	48	49	50	50	51	51
Diluted earnings per share
39	39	39	39	40	40	41	41	42	42	42	42	41	41	42	42	42	42	43	44	44	45	44	45	45	45	45	46	46	46	46	47	47	46	47	47	47	48	49	50	50	51	51
Dividends per common share
0.18	2.18	0.18	0.16	0.16	0.16	0.16	0.15	0.15	1.60	0.10	0.09	0.09	0.09	0.09	0.08	0.08	0.08	0.08	0.07	0.07	1.07	0.07	0.06	0.06	-	-	-	-	0.56	0.06	0.05	0.05	0.05	0.05	0.05	0.05	0.05	0.05	0.04	0.04	0.04	0.04