TRINITY INDUSTRIES INC TRN Income Statement

Trinity industries inc (TRN)

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	Sep'09	Jun'09
Revenues [Abstract]
Revenues:
Manufacturing
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	514,400	-	417,900	423,500	332,800	475,900	582,600
Leasing
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	119,800	-	122,100	119,600	121,200	81,500	133,500
Revenues
615,200	850,700	813,600	736,000	604,800	735,000	606,900	634,000	533,200	615,400	655,700	595,700	530,600	-394,700	1,111,700	1,184,900	1,187,900	1,547,000	1,542,200	1,676,800	1,626,700	1,661,400	1,562,800	1,485,300	1,460,500	1,256,000	1,110,300	1,066,100	932,900	1,012,900	907,300	995,500	896,200	804,700	791,100	708,300	634,200	393,600	540,000	543,100	454,000	557,400	716,100
Cost of revenues:
Manufacturing
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	431,700	-	343,700	350,700	280,900	398,900	478,200
Leasing
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	60,500	-	63,800	65,900	68,600	48,200	95,800
Other
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	8,100	-	2,100	2,100	4,100	2,800	10,100
Cost of Goods and Services Sold
482,000	674,700	649,100	578,500	463,400	590,500	466,500	481,900	399,900	455,800	480,800	450,800	387,800	-302,900	827,300	897,700	889,900	1,116,100	1,109,400	1,219,600	1,211,100	1,275,300	1,172,200	1,098,300	1,074,000	962,700	836,300	812,200	711,100	800,900	728,100	792,300	730,200	654,200	634,100	568,900	500,300	309,300	409,600	418,700	353,600	449,900	584,100
Selling, engineering, and administrative expenses:
Manufacturing
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	34,000	-	33,700	34,400	31,500	32,900	36,800
Leasing
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5,700	-	5,400	4,500	4,400	3,000	2,500
Other
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	10,600	-	9,600	6,600	12,500	7,000	8,000
Selling, engineering, and administrative expenses
64,300	71,300	62,100	69,800	59,600	72,000	75,600	75,600	73,400	88,500	85,800	85,800	79,200	8,400	102,300	106,700	96,500	137,100	126,600	114,400	98,300	110,600	113,000	96,400	83,600	80,200	70,600	71,500	69,000	64,600	55,800	53,000	50,700	42,700	53,500	47,500	50,300	22,800	48,700	45,500	48,400	42,900	47,300
Gains (losses) on dispositions of property:
Net gains on railcar lease fleet sales owned more than one year at the time of sale
8,700	5,800	18,100	18,700	7,900	29,400	9,400	9,500	2,100	-	-	-	-	0	0	11,400	2,100	63,300	57,800	30,100	14,900	2,100	3,000	9,700	77,500	10,800	1,600	1,200	6,800	11,200	17,000	1,600	3,700	13,100	1,600	400	1,100	-	-	-	-	-	-
Other
900	1,400	-200	600	2,100	-12,100	1,000	2,000	100	-	-	-	-	500	1,500	-300	-200	900	900	10,000	900	-1,100	600	1,700	10,900	500	600	-200	-100	300	300	700	3,700	2,000	300	3,100	800	-	-	-	-	-	-
Gain (Loss) on Disposition of Property Plant Equipment
9,600	7,200	17,900	19,300	10,000	17,300	10,400	11,500	2,200	44,400	16,000	24,000	1,000	500	1,500	11,100	1,900	64,200	58,700	40,100	15,800	1,000	3,600	11,400	88,400	11,300	2,200	1,000	6,700	11,500	17,300	2,300	7,400	-	-	-	-	-	10,200	-	-	-	-
Restructuring Charges
5,500	14,700	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Goodwill impairment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	325,000
Total operating profit
73,000	97,200	120,300	107,000	91,800	89,800	75,200	88,000	62,100	115,500	105,100	83,100	64,600	-99,700	183,600	191,600	203,400	358,000	364,900	382,900	333,100	276,500	281,200	302,000	391,300	224,400	205,600	183,400	159,500	158,900	140,700	152,500	122,700	140,500	105,400	95,400	85,500	71,400	91,900	78,900	52,000	64,600	-240,300
Other (income) expense:
Interest income
2,400	2,600	1,800	1,600	1,300	1,900	2,400	3,700	3,900	-	-	-	-	1,400	1,400	1,300	1,200	600	600	500	500	400	400	700	400	700	600	400	400	400	300	400	400	300	500	400	300	400	300	300	400	300	300
Interest expense
61,300	56,300	55,800	57,000	52,700	46,400	42,800	43,800	46,300	-	-	-	-	45,200	45,300	45,600	45,800	45,900	46,700	50,600	51,500	52,000	48,200	46,900	46,300	45,800	45,800	46,500	49,200	51,100	47,800	47,900	47,900	49,100	47,900	43,800	44,500	45,800	45,300	45,300	45,700	31,600	28,800
Other Nonoperating Income (Expense)
-800	-1,300	0	-100	300	7,400	-400	-1,900	-1,200	-	-	-	-	2,300	-200	4,900	700	1,600	1,000	700	2,300	1,700	1,600	1,200	100	500	500	-900	2,700	-200	1,500	100	2,900	200	-5,300	600	500	-5,700	-200	900	-1,800	4,400	2,500
Total other (income) expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-41,500	-44,100	-39,400	-43,900	-43,700	-45,100	-49,400	-48,700	-49,900	-46,200	-45,000	-45,800	-44,600	-44,700	-47,000	-46,100	-50,900	-46,000	-47,400	-44,600	-48,600	-52,700	-42,800	-43,700	-51,100	-45,200	-44,100	-47,100	-26,900	-26,000
Other Nonoperating Expense
58,100	54,600	54,000	55,300	51,700	44,100	40,000	38,200	41,200	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest
14,900	42,600	66,300	51,700	40,100	45,700	35,200	49,800	20,900	74,000	60,200	38,800	22,400	-141,200	139,500	152,200	159,500	314,300	319,800	333,500	284,400	226,600	235,000	257,000	345,500	179,800	160,900	136,400	113,400	108,000	94,700	105,100	78,100	91,900	52,700	52,600	41,800	20,300	46,700	34,800	4,900	37,700	-266,300
Current Income Tax Expense (Benefit)
-372,800	-	-	-	-800	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Provision for deferred income taxes
225,200	-	-	-	9,700	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income Tax Expense (Benefit)
-147,600	20,300	18,200	14,100	8,900	17,700	6,700	12,500	5,700	-457,900	23,400	16,700	3,000	-53,900	49,900	53,400	57,400	110,300	107,600	112,700	95,400	80,300	78,100	83,900	112,500	60,900	55,100	47,200	41,200	37,000	32,300	39,000	25,700	33,900	21,100	21,000	16,200	7,800	15,200	13,700	600	14,500	-56,900
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest
162,500	22,300	48,100	37,600	31,200	28,000	28,500	37,300	15,200	531,900	36,800	22,100	19,400	-	-	-	-	-	-	-	-	-	-	-	-	118,900	105,800	89,200	72,200	71,000	62,400	66,100	52,400	-	-	-	-	-	-	-	-	23,200	-209,400
Gain on sale of discontinued operations, net of provision for income taxes of $-, $-, and $5.4
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	100	7,000	0	0	0	0	-	-	-	-	-	-	-	-	-	-
Loss from discontinued operations, net of benefit for income taxes of $-, $-, and $(0.8)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	400	300	-1,100	-400	-200	700	1,400	-100	-	-	-	-	-	-	-	-	-	-
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest
-200	-800	-400	-800	-1,100	-300	-200	28,200	26,400	8,100	31,100	31,900	32,300	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
162,300	21,500	47,700	36,800	30,100	27,700	28,300	65,500	41,600	540,000	67,900	54,000	51,700	74,200	89,600	98,800	102,100	204,000	212,200	220,800	189,000	146,300	156,900	173,100	233,000	119,300	106,100	88,200	78,800	70,800	63,100	67,500	52,300	56,900	31,600	31,600	25,600	18,500	31,500	21,100	4,300	23,200	-209,400
Net Income (Loss) Attributable to Noncontrolling Interest
600	-100	-1,300	400	-500	400	600	1,400	1,400	-	-	-	-	6,600	5,400	4,200	4,900	4,000	7,900	8,800	8,800	8,100	7,500	8,900	6,600	6,500	6,500	4,200	-300	-500	-100	-300	-600	800	-300	1,600	1,400	1,200	1,800	2,700	2,300	-	-
Net Income (Loss) Attributable to Parent
161,700	21,600	49,000	36,400	30,600	27,300	27,700	64,100	40,200	538,500	66,900	51,100	46,000	67,600	84,200	94,600	97,200	200,000	204,300	212,000	180,200	138,200	149,400	164,200	226,400	112,800	99,600	84,000	79,100	71,300	63,200	67,800	52,900	56,100	31,900	30,000	24,200	17,300	29,700	18,400	2,000	23,200	-209,400
Basic earnings per common share:
Income (Loss) from Continuing Operations, Per Basic Share
1.36	0.18	0.39	0.29	0.24	0.20	0.19	0.24	0.09	3.51	0.23	0.13	0.09	-	-	-	-	-	-	-	-	-	-	-	-	0.27	0.63	0.53	0.91	-0.68	0.79	0.82	0.66	-	-	-	-	-	-	-	-	0.29	-2.75
Income (Loss) from Discontinued Operations and Disposal of Discontinued Operations, Net of Tax, Per Basic Share
0.00	-0.01	0.00	-0.01	-0.01	0.00	0.00	0.19	0.18	0.05	0.21	0.21	0.21	-	-	-	-	-	-	-	-	-	-	-	-	-0.03	0.00	-0.01	0.08	-0.02	0.01	0.02	0.00	-	-	-	-	-	-	-	-	0.00	0.00
Earnings Per Share, Basic
1.36	0.17	0.39	0.28	0.23	0.20	0.19	0.43	0.27	3.56	0.44	0.34	0.30	0.44	0.55	0.62	0.64	1.31	1.32	1.36	1.15	0.88	0.96	1.05	1.46	0.24	0.63	0.52	0.99	-0.70	0.80	0.84	0.66	0.70	0.40	0.37	0.30	0.23	0.37	0.23	0.02	0.29	-2.75
Income (Loss) from Continuing Operations, Per Diluted Share
1.33	0.18	0.39	0.29	0.24	0.18	0.19	0.24	0.09	3.37	0.23	0.12	0.09	-	-	-	-	-	-	-	-	-	-	-	-	0.27	0.63	0.53	0.91	-0.69	0.79	0.82	0.66	-	-	-	-	-	-	-	-	0.29	-2.75
Income (Loss) from Discontinued Operations and Disposal of Discontinued Operations, Net of Tax, Per Diluted Share
0.00	-0.01	0.00	-0.01	-0.01	0.00	0.00	0.19	0.17	0.05	0.20	0.21	0.21	-	-	-	-	-	-	-	-	-	-	-	-	-0.03	0.00	-0.01	0.08	-0.02	0.01	0.02	0.00	-	-	-	-	-	-	-	-	0.00	0.00
Earnings Per Share, Diluted
1.33	0.17	0.39	0.28	0.23	0.19	0.19	0.43	0.26	3.42	0.43	0.33	0.30	0.44	0.55	0.62	0.64	1.31	1.31	1.33	1.13	0.85	0.91	1.01	1.42	0.24	0.63	0.52	0.99	-0.71	0.80	0.84	0.66	0.70	0.40	0.37	0.30	0.23	0.37	0.23	0.02	0.29	-2.75
Weighted average number of shares outstanding:
Basic (in shares)
118,000	119,700	124,700	127,600	130,400	137,400	145,000	146,200	147,400	-	-	-	-	148,800	148,700	147,800	148,300	148,900	150,000	150,700	151,200	151,300	151,500	151,000	150,200	228,100	152,200	154,000	76,900	386,800	76,500	77,700	77,800	77,800	77,700	77,400	77,100	76,900	77,000	76,700	76,600	76,500	76,200
Diluted (in shares)
119,900	121,800	126,000	129,200	132,200	139,100	145,800	147,000	153,700	-	-	-	-	149,600	148,700	147,800	148,300	149,400	150,900	154,200	154,300	155,800	159,600	157,400	154,000	228,200	152,300	154,100	77,000	387,700	76,700	77,900	78,100	78,200	77,900	77,700	77,400	77,400	77,100	76,900	76,600	76,600	76,200
Dividends declared per common share (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	0.11	0.11	0.11	0.11	0.11	0.11	0.11	0.10	0.10	0.10	0.10	0.07	0.02	0.07	0.06	0.11	-0.10	0.11	0.11	0.09	0.09	0.09	0.09	0.08	0.08	0.08	0.08	0.08	0.08	0.08
Manufacturing
Revenues
379,100	537,700	487,400	459,100	404,600	507,700	379,700	420,800	358,900	418,600	380,800	403,800	352,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cost of Goods and Services Sold
343,400	467,600	430,700	399,600	351,600	456,400	333,500	363,400	306,500	355,800	324,200	358,600	304,200	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Selling, engineering, and administrative expenses
21,900	28,100	27,500	26,500	23,200	23,500	26,300	23,100	23,500	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Leasing
Revenues
236,100	313,000	326,200	276,900	200,200	227,300	227,200	213,200	174,300	196,800	274,900	191,900	178,600	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cost of Goods and Services Sold
138,600	207,100	218,400	178,900	111,800	134,100	133,000	118,500	93,400	100,000	156,600	92,200	83,600	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Selling, engineering, and administrative expenses
14,300	13,300	10,700	12,700	12,800	14,400	11,900	12,600	12,200	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other
Selling, engineering, and administrative expenses
28,100	29,900	23,900	30,600	23,600	34,100	37,400	39,900	37,700	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-