Patriot transportation holding, inc. (PATI)
Income statement / TTM
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

-

-

-

-

-

-

-

-

-

-

-

-

-

114,842

-

115,010

113,432

112,011

111,294

110,004

109,519

109,226

108,424

0

0

0

Fuel surcharges

-

-

-

-

-

-

-

-

-

-

-

-

-

4,717

-

5,100

6,415

8,525

11,588

14,651

17,606

20,062

20,738

0

0

0

Total revenues

101,990

105,471

108,716

111,369

113,247

114,218

114,065

113,194

111,894

111,308

112,165

114,646

117,904

119,559

120,172

120,110

119,847

120,536

122,882

124,655

127,125

129,288

129,162

0

0

0

Cost of operations:
Compensation and benefits

45,038

46,509

47,549

47,837

47,984

48,175

48,010

48,344

48,486

47,898

48,109

48,524

49,284

50,581

51,069

51,100

50,618

49,639

49,050

48,037

47,775

47,818

47,431

0

0

0

Fuel expenses

13,934

14,992

15,805

16,891

0

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Fuel expenses

-

-

-

-

-

-

-

-

-

15,209

-

15,141

15,550

15,236

15,157

15,660

16,724

18,115

20,295

22,777

25,217

28,003

29,281

0

0

0

Repairs & tires

7,024

7,459

7,373

7,691

7,607

7,286

7,194

7,027

7,072

7,012

7,077

7,096

7,295

7,606

7,777

7,943

7,901

7,871

7,876

7,668

7,680

0

-

0

0

-

Other operating

4,421

4,635

4,811

4,836

4,894

4,768

4,679

4,627

4,514

4,427

4,418

4,399

4,460

4,663

4,719

4,769

4,664

4,473

4,520

2,578

2,804

3,239

5,251

0

0

0

Insurance and losses

9,806

9,253

9,426

10,385

10,788

11,955

11,729

11,059

11,012

10,739

10,728

10,554

10,723

10,045

10,358

9,923

9,868

10,428

10,249

11,280

11,308

11,093

10,729

0

0

0

Depreciation expense

7,713

7,850

7,870

7,991

8,152

8,399

8,759

9,039

9,299

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

Depreciation expense

-

-

-

-

-

-

-

-

-

-

-

-

-

9,184

-

8,674

8,527

8,526

8,486

8,441

8,411

8,350

8,210

0

0

0

Rents, tags & utilities

3,171

3,309

3,406

3,422

3,381

3,377

3,385

3,375

3,403

3,376

3,384

3,524

3,653

3,748

3,834

3,863

3,901

3,900

3,892

3,838

3,824

3,876

3,706

0

0

0

Sales, general & administrative

9,945

9,897

9,884

10,014

10,000

9,881

9,735

9,595

9,576

9,415

9,404

9,648

9,606

9,538

9,626

9,425

9,164

9,265

9,188

9,439

9,391

9,209

9,273

0

0

0

Corporate expenses

2,222

2,275

2,270

2,273

2,246

2,169

2,124

2,181

2,373

2,581

2,711

2,864

2,775

2,605

2,946

2,658

2,938

3,242

3,203

3,446

3,192

2,893

2,685

0

0

0

Intangible asset impairment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

0

0

-

Gain on disposition of PP&E

551

856

1,657

1,797

2,087

1,789

1,030

838

758

627

571

948

938

809

697

874

810

1,349

1,537

1,093

1,285

777

578

0

0

0

Total cost of operations

0

0

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total cost of operations

-

-

-

109,305

-

-

-

111,124

110,643

109,440

-

109,085

110,587

111,120

112,382

113,141

113,495

116,184

117,296

120,427

122,231

123,349

123,819

0

0

0

Total operating profit (loss)

-733

148

1,979

2,064

2,994

2,409

2,046

2,070

1,251

1,868

2,372

5,561

7,317

8,439

7,790

6,969

6,352

4,352

5,586

4,228

4,894

5,939

5,343

0

0

0

BP claim Settlement

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,687

1,687

1,687

1,687

0

0

0

0

-

-

-

-

Interest income and other

359

430

446

423

371

289

190

99

36

6

6

6

6

5

6

4

3

3

0

0

0

0

-

-

0

0

Interest expense

30

30

32

35

37

39

39

30

35

58

80

111

127

127

130

132

130

121

112

101

100

112

109

0

0

0

Income (loss) before income taxes

-404

548

2,393

2,452

3,328

2,659

2,197

2,139

1,252

1,816

2,298

5,456

7,196

8,317

9,353

8,528

7,912

5,921

5,474

4,134

4,801

5,834

5,241

0

0

0

Provision for (benefit from) income taxes

-129

133

630

254

440

248

-2,922

-2,552

-2,809

-2,693

469

1,740

2,557

3,075

3,648

3,326

3,086

2,309

2,135

1,612

1,872

2,275

2,044

0

0

0

Net income (loss)

-275

415

1,763

2,198

2,888

2,411

5,119

4,691

4,061

4,509

1,829

3,716

4,639

5,242

5,705

5,202

4,826

3,612

3,339

2,522

2,929

3,559

3,197

0

0

0

Unrealized investment gains, net

0

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Reclassification adjust for net investment gains realized in net income

0

0

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Tax reform gain on retiree health

-

-

-

0

-

-

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Comprehensive Income (loss)

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

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

-

-

-

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Fuel Surcharges
Total revenues

-

-

-

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Transportation [Member]
Revenues

0

0

-

-

0

0

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Fuel Surcharges [Member]
Revenues

0

0

-

-

0

0

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-