Southwest Gas Holdings, Inc. SWX Income Statement

Southwest gas holdings, inc. (SWX)

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
Operating revenues:
Regulated Operating Revenue, Gas
502,827	379,571	209,980	258,711	520,677	370,213	217,523	275,679	494,313	366,485	213,059	260,162	462,602	340,485	200,179	255,648	525,100
Utility infrastructure services revenues
333,493	468,566	515,250	454,300	312,862	416,441	450,623	395,204	260,017	373,948	380,094	300,307	192,135	301,040	339,790	292,100	206,148
Total operating revenues
836,320	848,137	725,230	713,011	833,539	786,654	668,146	670,883	754,330	740,433	593,153	560,469	654,737	641,525	539,969	547,748	731,248
Operating expenses:
Net cost of gas sold
160,821	92,310	35,068	65,182	192,604	100,287	49,903	83,466	185,732	93,206	45,539	69,421	146,879	73,049	39,056	71,416	213,600
Operations and maintenance
103,781	102,960	109,652	105,293	106,245	93,099	105,508	105,435	102,351	92,843	97,422	98,203	104,295	79,985	102,438	98,744	100,797
Depreciation and amortization
87,653	79,986	75,370	70,342	77,539	63,271	62,156	61,307	62,478	61,862	58,529	58,082	72,478	71,368	69,845	72,559	75,360
Taxes other than income taxes
16,378	15,688	15,308	15,126	16,206	14,939	15,036	14,666	15,257	14,621	14,046	14,497	14,782	12,896	12,480	12,987	14,013
Utility infrastructure services expenses
319,314	418,989	451,574	402,199	300,465	380,204	395,862	352,671	258,952	342,377	342,629	272,001	191,956	266,504	300,611	263,926	193,382
Total operating expenses
687,947	709,933	686,972	658,142	693,059	651,800	628,465	617,545	624,770	604,909	558,165	512,204	530,390	503,802	524,430	519,632	597,152
Operating income
148,373	138,204	38,258	54,869	140,480	134,854	39,681	53,338	129,560	135,524	34,988	48,265	124,347	137,723	15,539	28,116	134,096
Other income and (expenses):
Net interest deductions
28,380	28,564	27,434	26,831	26,397	25,840	24,548	23,652	22,631	21,201	19,494	18,655	18,714	19,560	18,158	18,221	17,721
Other income (deductions)
-20,770	3,258	-1,158	1,146	6,839	-11,275	889	-2,706	-4,334	-250	-1,980	-2,810	-990	-17,047	2,565	2,470	1,721
Total other income and (expenses)
-49,150	-25,306	-28,592	-25,685	-19,558	-37,115	-23,659	-26,358	-26,965	-21,451	-21,474	-21,465	-19,704	-36,607	-15,593	-15,751	-16,000
Income before income taxes
99,223	112,898	9,666	29,184	120,922	97,739	16,022	26,980	102,595	114,073	13,514	26,800	104,643	101,116	-54	12,365	118,096
Income tax expense
26,218	20,992	3,141	6,352	25,538	28,263	3,691	5,429	24,301	17,677	3,094	8,679	35,638	35,422	-2,961	3,266	42,741
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
73,005	91,906	6,525	22,832	95,384	69,476	12,331	21,551	78,294	96,396	10,420	18,121	69,005	65,694	2,907	9,099	75,355
Net income attributable to noncontrolling interests
463	188	1,172	776	575	172	0	0	-797	-69	216	257	-303	514	435	156	-91
Net income attributable to Southwest Gas Holdings, Inc.
72,542	91,718	5,353	22,056	94,809	69,304	12,331	21,551	79,091	96,465	10,204	17,864	69,308	65,180	2,472	8,943	75,446
Earnings per share:
Basic (in USD per share)
1.31	1.65	0.10	0.41	1.78	1.37	0.25	0.44	1.63	1.99	0.21	0.38	1.46	1.37	0.05	0.19	1.59
Diluted (in USD per share)
1.31	1.66	0.10	0.41	1.77	1.36	0.25	0.44	1.63	2.01	0.21	0.37	1.45	1.36	0.05	0.19	1.58
Weighted average shares:
Dividends declared per share (in USD per share)
-	-	-	-	-	-	-	-	-	-	0.49	0.49	0.49	-	0.45	0.45	0.45
Basic (in shares)
55,310	55,006	54,670	53,935	53,369	50,941	49,493	48,826	48,416	49,131	47,628	47,571	47,530	47,485	47,481	47,473	47,437
Diluted (in shares)
55,363	55,073	54,748	54,003	53,424	51,012	49,553	48,880	48,459	48,230	47,986	47,884	47,864	47,852	47,830	47,811	47,763
Southwest Gas Corporation
Regulated Operating Revenue, Gas
502,827	379,571	209,980	258,711	520,677	370,213	217,523	275,679	494,313	366,485	213,059	260,162	462,602	-	-	-	-
Net cost of gas sold
160,821	92,310	35,068	65,182	192,604	100,287	49,903	83,466	185,732	93,206	45,539	69,421	146,879	-	-	-	-
Operations and maintenance
103,088	102,602	109,039	104,991	105,542	92,758	104,657	105,208	102,190	92,494	97,359	97,644	103,824	-	-	-	-
Depreciation and amortization
64,725	56,293	52,372	49,343	57,612	46,267	47,924	47,664	49,961	48,279	46,194	46,254	61,195	-	-	-	-
Taxes other than income taxes
16,378	15,688	15,308	15,126	16,206	14,939	15,036	14,666	15,257	14,621	14,046	14,497	14,782	-	-	-	-
Total operating expenses
345,012	266,893	211,787	234,642	371,964	254,251	217,520	251,004	353,140	248,600	203,138	227,816	326,680	-	-	-	-
Operating income
157,815	112,678	-1,807	24,069	148,713	115,962	3	24,675	141,173	117,885	9,921	32,346	135,922	-	-	-	-
Net interest deductions
25,058	24,963	23,619	23,345	23,099	21,937	20,399	20,149	19,255	18,111	17,421	16,991	17,210	-	-	-	-
Other income (deductions)
-20,536	3,332	-1,353	1,592	5,946	-11,379	836	-2,094	-4,603	-564	-1,775	-2,805	-1,244	-	-	-	-
Total other income and (expenses)
-45,594	-21,631	-24,972	-21,753	-17,153	-33,316	-19,563	-22,243	-23,858	-18,675	-19,196	-19,796	-18,454	-	-	-	-
Income before income taxes
112,221	91,047	-26,779	2,316	131,560	82,646	-19,560	2,432	117,315	99,210	-9,275	12,550	117,468	-	-	-	-
Income tax expense
28,622	14,622	-6,767	-1,053	28,171	23,105	-5,890	-190	26,966	24,828	-5,251	3,028	40,530	-	-	-	-
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
83,599	76,425	-20,012	3,369	103,389	59,541	-13,670	2,622	90,349	74,382	-4,024	9,522	76,938	-	-	-	-
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest
-	-	-	-	-	-	-	-	-	-	-4,024	9,522	76,938	-	-	-	-
Discontinued Operation, Income (Loss) from Discontinued Operation, before Income Tax
-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-
Discontinued Operation, Tax Effect of Discontinued Operation
-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-
Discontinued operations - utility infrastructure services, Income
-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Noncontrolling Interest
-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent
-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-
Net income attributable to Southwest Gas Holdings, Inc.
83,599	-	-20,012	3,369	103,389	-	-13,670	2,622	90,349	-	-4,024	9,522	76,938	-	-	-	-
Southwest Gas Corporation [Member]