MDU RESOURCES GROUP INC MDU Income Statement

Mdu resources group inc (MDU)

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
Operating revenues:
Revenues
1,197,373	1,378,213	1,563,799	1,303,573	1,091,191	1,209,875	1,280,787	1,064,597	976,293	1,165,239	1,272,548	1,067,639	937,925	1,016,099	1,208,567	1,043,948	860,214	1,015,322	1,198,342	938,039	862,349	906,453	1,213,203	952,564	1,042,853	642,190	1,285,782	1,060,595	931,604	1,081,144	1,173,518	967,962	852,807	1,065,749	1,152,181	930,757	901,805	1,042,551	1,125,923	906,444	834,777	1,016,529	1,107,927	958,040	1,094,005	1,333,834
Operating expenses:
Operation and maintenance:
821,000	958,729	1,212,620	1,021,031	702,914	836,590	996,591	822,084	600,856	781,010	973,966	821,948	558,542	-	920,540	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Fuel and purchased power
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	15,283	13,106	16,911	16,632	15,188	15,166	18,731	19,568
Cost of crude oil
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,270	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchased natural gas sold
165,412	151,007	31,843	54,866	183,829	133,835	32,123	56,228	181,967	147,019	33,319	57,668	192,948	139,958	34,321	47,439	161,035	144,800	37,574	66,590	201,150	185,068	46,251	82,252	244,892	190,203	35,826	70,255	199,187	146,182	35,199	58,411	185,428	175,861	50,102	101,538	244,686	185,431	51,243	97,441	233,691	219,183	57,598	106,401	356,496	65,626
Depreciation, depletion and amortization
69,239	68,080	65,021	63,019	59,897	58,907	55,016	53,553	52,729	52,348	52,155	51,658	51,325	53,092	54,094	54,248	54,884	55,667	51,746	51,336	52,998	2,448	50,698	50,381	99,557	-88,418	99,966	95,289	93,561	98,348	91,850	83,627	85,380	86,534	88,897	83,290	84,674	83,777	84,841	81,547	78,678	77,301	79,547	80,449	93,245	93,226
Taxes, other than income
64,112	48,033	46,128	47,953	54,029	40,380	38,647	40,757	48,854	39,400	38,882	40,953	47,438	34,962	36,128	37,562	43,174	31,526	32,391	35,038	42,000	20,328	33,682	35,087	55,721	-5,070	45,804	47,382	52,597	44,122	41,090	42,953	47,975	41,332	39,410	42,516	49,665	39,932	37,229	40,397	45,795	37,347	37,476	38,822	52,952	46,626
Electric fuel and purchased power
20,540	22,143	18,717	19,393	26,304	21,812	18,406	17,983	22,511	21,180	18,906	16,752	21,886	20,787	16,800	15,914	22,011	22,476	20,616	19,327	23,819	22,486	19,236	21,046	26,544	23,768	19,983	18,169	21,608	21,133	17,634	15,193	18,420	15,700	17,357	14,474	16,954	-	-	-	-	-	-	-	-	-
Write-down of oil and natural gas properties
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	160,100	-	-	-	0	-	-	-	-	-	-	0	0	0	620,000	0
Operating Expenses
1,140,303	1,247,992	1,374,329	1,206,262	1,026,973	1,091,524	1,140,783	990,605	906,917	1,040,957	1,117,228	988,979	872,139	904,824	1,061,883	954,983	798,229	926,753	1,070,514	878,330	818,680	863,422	1,094,310	890,210	939,949	667,270	1,135,909	969,217	827,073	1,190,673	1,207,553	876,248	781,750	939,172	1,032,760	848,454	823,739	912,377	1,016,961	817,782	751,848	889,045	947,654	857,975	1,634,924	1,130,537
Operating Income (Loss)
57,070	130,221	189,470	97,311	64,218	118,351	140,004	73,992	69,376	124,282	155,320	78,660	65,786	111,275	146,684	88,965	61,985	88,569	127,828	59,709	43,669	43,031	118,893	62,354	102,904	-25,080	149,873	91,378	104,531	-109,529	-34,035	91,714	71,057	126,577	119,421	82,303	78,066	130,174	108,962	88,662	82,929	127,484	160,273	100,065	-540,919	203,297
Earnings (loss) from equity method investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-61	-7	-311	1,357	2,388	385	1,253	2,434	826	949	484	23,845	2,528	2,260	2,183	2,344	2,290	2,078	1,787	1,867
Other income (expense)
-1,005	3,588	3,014	1,615	7,595	-5,102	2,683	1,599	582	2,555	2,068	1,801	2,343	1,505	1,741	872	1,049	12,591	3,300	2,123	443	1,961	2,524	2,470	2,183	1,082	2,326	1,436	1,242	2,593	1,702	1,249	1,098	1,430	1,282	1,908	1,900	1,090	1,740	2,686	2,502	2,254	2,923	2,435	1,719	395
Interest expense
24,553	24,493	25,258	25,429	23,407	22,412	20,955	20,800	20,447	20,810	20,909	20,766	20,303	20,483	22,278	22,219	22,868	22,246	22,417	23,389	23,127	22,014	22,402	21,484	20,971	20,490	21,012	21,427	20,874	19,770	19,840	17,650	19,439	19,712	19,589	20,036	22,017	21,061	20,944	20,490	20,516	21,398	20,945	20,759	20,997	19,921
Income before income taxes
31,512	109,316	167,226	73,497	48,406	90,837	121,732	54,791	49,511	106,027	136,479	59,695	47,826	92,297	126,147	67,618	40,166	78,914	108,711	38,443	20,985	22,978	99,015	43,340	84,116	-44,109	131,126	71,380	84,588	-125,349	-49,785	75,698	53,969	110,729	101,940	65,124	58,433	134,048	92,286	73,118	67,098	110,684	144,541	83,819	-558,410	185,638
Income taxes
5,973	14,512	31,098	10,352	7,317	14,855	14,363	10,716	7,551	-9,367	46,930	15,290	12,188	25,750	37,761	21,320	8,301	17,632	34,825	12,382	5,825	-12,780	35,376	13,894	27,932	-25,266	46,576	24,988	27,996	-55,663	-20,253	26,691	18,079	36,641	37,840	19,889	15,904	41,748	31,276	24,180	25,326	38,050	51,957	28,508	-214,607	67,256
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent
25,539	94,804	136,128	63,145	41,089	75,982	107,369	44,075	41,960	115,394	89,549	44,405	35,638	66,547	88,386	46,298	31,865	61,282	73,886	26,061	15,160	35,758	63,639	29,446	56,184	-18,843	84,550	46,392	56,592	-69,686	-29,532	49,007	35,890	74,088	64,100	45,235	42,529	92,300	61,010	48,938	41,772	-	-	-	-	-
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest
-409	261	1,509	-1,320	-163	2,846	-118	-273	477	-82	-2,198	-3,190	1,687	-816	-5,400	-276,102	-18,036	-22,944	-223,112	-263,419	-324,605	46,993	38,482	23,881	-45	110,133	-118	-59	-77	8,700	-139	5,106	-100	-13,080	-126	-168	448	-3,361	0	0	0	-	-	-	-	-
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
25,130	95,065	137,637	61,825	40,926	78,828	107,251	43,802	42,437	115,312	87,351	41,215	37,325	65,731	82,986	-229,804	13,829	38,338	-149,226	-237,358	-309,445	82,751	102,121	53,327	56,139	91,290	84,432	46,333	56,515	-60,986	-29,671	54,113	35,790	61,008	63,974	45,067	42,977	88,939	61,010	48,938	41,772	72,634	92,584	55,311	-343,803	118,382
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Noncontrolling Interest
-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-120,651	-11,040	-14,196	-9,778	-7,754	-3,528	-1,505	-1,088	-779	-523	-160	-24	-179	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Preferred Stock Redemption Premium
-	-	-	-	-	-	-	-	-	-	0	600	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Dividends declared on preferred stock
-	-	-	-	-	-	-	-	-	0	0	0	171	172	171	171	171	172	171	171	171	172	171	171	171	172	171	171	171	172	171	171	171	172	171	171	171	170	172	171	172	172	171	171	171	171
Net Income (Loss) Available to Common Stockholders, Basic
-	-	-	-	-	-	-	-	-	115,312	87,351	40,615	37,154	65,559	82,815	-109,324	24,698	52,362	-139,619	-229,775	-306,088	84,084	103,038	53,935	56,491	91,278	84,285	46,341	56,344	-61,158	-29,842	53,942	35,619	60,836	63,803	44,896	42,806	88,769	60,838	48,767	41,600	72,462	92,413	55,140	-343,974	118,211
Earnings per share - basic:
Income from continuing operations
0.13	0.48	0.68	0.32	0.21	0.39	0.55	0.22	0.22	0.60	0.46	0.22	0.18	0.34	0.45	0.24	0.16	0.29	0.38	0.13	0.10	0.17	0.33	0.16	0.30	-0.11	0.45	0.25	0.30	-0.37	-0.16	0.26	0.19	0.39	0.34	0.24	0.22	0.49	0.32	0.26	0.22	-	-	-	-	-
Discontinued operations, net of tax
0.00	0.00	0.01	-0.01	0.00	0.01	0.00	0.00	0.00	-0.01	-0.01	-0.01	0.01	0.00	-0.03	-0.80	-0.03	-0.02	-1.10	-1.31	-1.67	0.27	0.20	0.12	0.00	0.58	0.00	0.00	0.00	0.04	0.00	0.03	0.00	-0.08	0.00	0.00	0.01	-0.01	0.00	0.00	0.00	-	-	-	-	-
Earnings per share - basic
0.13	0.48	0.69	0.31	0.21	0.40	0.55	0.22	0.22	0.59	0.45	0.21	0.19	0.34	0.42	-0.56	0.13	0.27	-0.72	-1.18	-1.57	0.00	0.53	0.28	0.30	0.00	0.45	0.25	0.30	0.00	-0.16	0.29	0.19	0.00	0.34	0.24	0.23	0.00	0.32	0.26	0.22	0.00	0.50	0.30	-1.87	0.65
Earnings per share - diluted:
Income from continuing operations
0.13	0.48	0.68	0.32	0.21	0.39	0.55	0.22	0.22	0.59	0.46	0.22	0.18	0.34	0.45	0.24	0.16	0.29	0.38	0.13	0.10	0.17	0.33	0.16	0.30	-0.09	0.44	0.24	0.30	-0.37	-0.16	0.26	0.19	0.39	0.34	0.24	0.22	0.49	0.32	0.26	0.22	-	-	-	-	-
Discontinued operations, net of tax
0.00	0.00	0.01	-0.01	0.00	0.01	0.00	0.00	0.00	-0.01	-0.01	-0.01	0.01	0.00	-0.03	-0.80	-0.03	-0.02	-1.10	-1.31	-1.67	0.27	0.20	0.12	0.00	0.58	0.00	0.00	0.00	0.04	0.00	0.03	0.00	-0.08	0.00	0.00	0.01	-0.02	0.00	0.00	0.00	-	-	-	-	-
Earnings per share - diluted
0.13	0.48	0.69	0.31	0.21	0.40	0.55	0.22	0.22	0.58	0.45	0.21	0.19	0.34	0.42	-0.56	0.13	0.27	-0.72	-1.18	-1.57	0.44	0.53	0.28	0.30	0.49	0.44	0.24	0.30	-0.33	-0.16	0.29	0.19	0.31	0.34	0.24	0.23	0.47	0.32	0.26	0.22	0.40	0.50	0.30	-1.87	0.64
Dividends declared per common share
-	-	-	-	-	-	-	-	-	-	0.19	0.19	0.19	-	0.18	0.18	0.18	-	0.18	0.18	0.18	-	0.17	0.17	0.17	-	0.17	0.17	0.17	-	0.16	0.16	0.16	-	0.16	0.16	0.16	0.16	0.15	0.15	0.15	0.15	0.15	0.15	0.15	0.15
Weighted average common shares outstanding - basic
200,440	200,434	199,343	198,270	196,401	196,034	196,018	195,524	195,304	195,304	195,304	195,304	195,304	195,304	195,304	195,304	195,284	195,277	195,151	194,805	194,479	194,199	193,949	192,060	189,820	188,927	188,831	188,831	188,831	188,831	188,831	188,831	188,811	188,793	188,794	188,794	188,671	751,983	188	188	187	740,147	185	183	183	183,219
Weighted Average Number of Shares Outstanding, Diluted
200,456	200,420	199,383	198,287	196,414	196,184	196,265	196,169	195,982	194,969	195,783	195,973	196,023	195,678	195,811	195,699	195,284	195,371	195,169	194,838	194,566	192,957	194,300	192,659	190,432	190,449	189,638	189,463	189,222	188,184	188,831	189,107	189,182	189,040	188,797	188,968	188,815	752,351	188	188	188	740,146	185	184	183	184,081
Regulated operation
Revenues
418,682	393,996	209,444	236,247	439,617	361,467	200,617	226,684	424,459	378,724	206,936	225,485	433,614	357,458	192,079	206,052	385,865	341,654	185,417	215,678	406,289	344,097	184,793	226,472	491,541	313,169	192,103	227,442	424,124	347,227	184,863	204,455	395,081	378,847	212,848	274,538	477,481	403,004	223,602	272,177	460,245	439,209	206,867	263,617	594,576	268,882
Operation and maintenance:
87,608	93,698	86,249	88,415	87,770	87,371	82,920	83,928	86,112	88,810	80,204	78,125	79,548	82,846	77,662	77,078	74,625	71,226	68,344	70,258	68,343	67,443	69,100	65,348	67,284	46,408	64,078	76,627	66,101	65,246	67,830	52,717	68,401	68,400	69,475	70,028	67,963	64,733	95,367	68,437	62,987	70,478	59,459	62,581	71,351	59,818
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent
51,129	-	7,599	7,597	59,009	-	13,506	7,521	51,166	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Nonregulated operation
Revenues
778,691	984,217	1,354,355	1,067,326	651,574	848,408	1,080,170	837,913	551,834	786,515	1,065,612	842,154	504,311	658,641	1,016,488	837,896	474,349	673,668	1,012,925	722,361	456,060	562,356	1,028,410	726,092	551,312	329,021	1,093,679	833,153	507,480	733,917	988,655	763,507	457,726	686,902	939,333	656,219	424,324	639,547	902,321	634,267	374,532	577,320	901,060	694,423	499,429	1,064,952
Operation and maintenance:
733,392	865,031	1,126,371	932,616	615,144	749,219	913,671	738,156	514,744	692,200	893,762	743,823	478,994	573,179	842,878	722,742	442,500	603,328	859,843	635,781	428,100	565,649	875,343	636,096	445,951	500,379	870,252	661,495	394,019	583,942	793,850	623,347	376,146	551,345	767,519	536,608	359,797	520,739	732,998	516,854	313,786	468,104	698,386	554,556	422,149	845,673
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent
-25,590	-	128,529	55,548	-17,920	-	93,863	36,554	-9,206	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-