Patriot transportation holding, inc. (PATI)
Income statement / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13
Revenues:
Transportation revenues

-

-

-

-

-

-

-

-

-

-

-

-

-

27,259

-

30,187

28,514

28,009

28,300

28,609

27,093

27,292

27,010

28,124

26,800

26,490

Fuel surcharges

-

-

-

-

-

-

-

-

-

-

-

-

-

1,499

-

1,175

534

1,362

2,029

2,490

2,644

4,425

5,092

5,445

5,100

5,101

Total revenues

23,527

24,809

26,128

27,526

27,008

28,054

28,781

29,404

27,979

27,901

27,910

28,104

27,393

28,758

30,391

31,362

29,048

29,371

30,329

31,099

29,737

31,717

32,102

33,569

31,900

31,591

Cost of operations:
Compensation and benefits

10,381

10,998

11,674

11,985

11,852

12,038

11,962

12,132

12,043

11,873

12,296

12,274

11,455

12,084

12,711

13,034

12,752

12,572

12,742

12,552

11,773

11,983

11,729

12,290

11,816

11,596

Fuel expenses

2,946

3,463

3,537

3,988

4,004

4,276

-

4,623

4,304

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Fuel expenses

-

-

-

-

-

-

-

-

-

4,122

-

3,622

3,784

3,904

3,831

4,031

3,470

3,825

4,334

5,095

4,861

6,005

6,816

7,535

7,647

7,283

Repairs & tires

1,571

1,751

1,801

1,901

2,006

1,665

2,119

1,817

1,685

1,573

1,952

1,862

1,625

1,638

1,971

2,061

1,936

1,809

2,137

2,019

1,906

1,814

-

1,929

2,031

-

Other operating

975

956

1,301

1,189

1,189

1,132

1,326

1,247

1,063

1,043

1,274

1,134

976

1,034

1,255

1,195

1,179

1,090

1,305

1,090

988

1,137

-637

1,316

1,423

3,149

Insurance and losses

2,555

2,769

2,271

2,211

2,002

2,942

3,230

2,614

3,169

2,716

2,560

2,567

2,896

2,705

2,386

2,736

2,218

3,018

1,951

2,681

2,778

2,839

2,982

2,709

2,563

2,475

Depreciation expense

1,839

1,950

1,948

1,976

1,976

1,970

2,069

2,137

2,223

2,330

-

2,349

2,397

-

-

-

-

-

-

-

-

-

-

-

-

-

Depreciation expense

-

-

-

-

-

-

-

-

-

-

-

-

-

2,462

-

2,245

2,125

2,148

2,156

2,098

2,124

2,108

2,111

2,068

2,063

1,968

Rents, tags & utilities

753

750

835

833

891

847

851

792

887

855

841

820

860

863

981

949

955

949

1,010

987

954

941

956

973

1,006

771

Sales, general & administrative

2,609

2,481

2,376

2,479

2,561

2,468

2,506

2,465

2,442

2,322

2,366

2,446

2,281

2,311

2,610

2,404

2,213

2,399

2,409

2,143

2,314

2,322

2,660

2,095

2,132

2,386

Corporate expenses

814

537

445

426

867

532

448

399

790

487

505

591

998

617

658

502

828

958

370

782

1,132

919

613

528

833

711

Intangible asset impairment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

2,074

-

-

0

0

-

Gain on disposition of PP&E

328

122

216

-115

633

923

356

175

335

164

164

95

204

108

541

85

75

-4

718

21

614

184

274

213

106

-15

Total cost of operations

24,115

25,533

-

-

26,715

26,947

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total cost of operations

-

-

-

27,103

-

-

-

28,051

28,271

27,157

-

27,570

27,068

27,510

26,937

29,072

27,601

28,772

27,696

29,426

30,290

29,884

30,827

31,230

31,408

30,354

Total operating profit (loss)

-588

-724

156

423

293

1,107

241

1,353

-292

744

265

534

325

1,248

3,454

2,290

1,447

599

2,633

1,673

-553

1,833

1,275

2,339

492

1,237

BP claim Settlement

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

1,687

0

0

0

0

-

-

-

-

Interest income and other

42

85

116

116

113

101

93

64

31

2

2

1

1

2

2

1

0

3

0

0

0

0

-

-

0

0

Interest expense

7

8

7

8

7

10

10

10

9

10

1

15

32

32

32

31

32

35

34

29

23

26

23

28

35

23

Income (loss) before income taxes

-553

-647

265

531

399

1,198

324

1,407

-270

736

266

520

294

1,218

3,424

2,260

1,415

2,254

2,599

1,644

-576

1,807

1,259

2,311

457

1,214

Provision for (benefit from) income taxes

-152

-183

71

135

110

314

-305

321

-82

-2,856

65

64

34

306

1,336

881

552

879

1,014

641

-225

705

491

901

178

474

Net income (loss)

-401

-464

194

396

289

884

629

1,086

-188

3,592

201

456

260

912

2,088

1,379

863

1,375

1,585

1,003

-351

1,102

768

1,410

279

740

Unrealized investment gains, net

0

0

-

7

10

2

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Reclassification adjust for net investment gains realized in net income

0

5

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Tax reform gain on retiree health

-

-

-

0

-

-

-

0

0

-32

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Comprehensive Income (loss)

-401

-469

-

403

299

886

-

1,086

-188

3,624

-

456

260

912

-

1,379

863

1,375

-

1,003

-351

1,102

-

1,410

279

740

Earnings per common share:
Net income (loss)- basic

-0.12

-0.14

0.05

0.12

0.09

0.27

0.18

0.33

-0.06

1.09

0.05

0.14

0.08

0.28

0.64

0.42

0.26

0.42

0.48

0.31

-0.11

0.34

-

0.43

0.09

-

Net income (loss)- diluted

-0.12

-0.14

0.05

0.12

0.09

0.27

0.18

0.33

-0.06

1.09

0.05

0.14

0.08

0.28

0.64

0.42

0.26

0.42

0.48

0.31

-0.11

0.34

-

0.43

0.09

-

Number of shares (in thousands) used in computing:
-basic earnings per common share

3

3

3

3

3

3

3

3

3

3

3

3

3

3

3

3

3

3

3

3

3

3

-

3

3

-

-diluted earnings per common share

3

3

3

3

3

3

3

3

3

3

3

3

3

3

3

3

3

3

3

3

3

3

-

3

3

-

Transportation
Total revenues

-

-

-

24,907

-

-

-

26,445

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Fuel Surcharges
Total revenues

-

-

-

2,619

-

-

-

2,959

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Transportation [Member]
Revenues

21,560

22,599

-

-

24,537

24,980

-

-

25,376

25,570

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Fuel Surcharges [Member]
Revenues

1,967

2,210

-

-

2,471

3,074

-

-

2,603

2,331

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-