AMERCO UHAL Income Statement

Amerco (UHAL)

Income statement / Quarterly

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
Revenues:
Self-moving equipment rentals
621,471	804,325	748,596	529,046	626,136	781,713	716,602	494,525	574,801	740,558	669,858	463,314	541,473	711,710	646,336	453,072	517,403	698,219	629,286	429,967	487,415	653,534	575,475	398,636	436,207	598,931	521,649	367,220	394,945	538,361	466,994	344,338	375,744	511,626	446,548	317,471	342,953	467,128	419,463
Self-storage revenues
106,701	104,965	98,274	96,179	93,392	91,493	86,212	84,586	82,127	80,472	76,718	74,692	72,309	72,163	67,722	65,529	63,164	62,060	57,191	55,513	53,503	52,986	49,134	48,003	46,120	45,572	42,099	40,835	39,111	37,978	34,736	34,694	33,846	34,008	31,828	31,186	30,638	30,647	28,227
Sale Revenues Goods Gross
54,454	73,121	80,026	56,327	55,665	72,913	79,241	56,248	53,130	73,268	78,911	53,878	51,562	70,330	77,303	53,542	50,038	70,703	77,258	52,574	49,081	68,043	74,479	51,072	47,045	65,379	70,691	47,718	44,491	61,730	67,178	46,502	43,206	59,768	64,378	43,926	41,533	56,821	63,290
Property management fees
9,098	7,233	7,156	6,641	7,899	7,192	7,416	6,128	9,881	6,831	6,762	6,025	9,734	6,712	6,604	5,932	8,170	6,320	6,111	6,371	7,497	5,796	5,677	6,907	7,133	5,292	5,161	8,531	6,085	4,902	4,860	8,337	5,368	4,826	4,735	7,887	5,129	4,580	4,536
Life insurance premiums
31,164	32,355	32,710	-44,098	34,778	35,920	36,888	37,793	38,957	38,862	39,091	40,515	41,279	40,893	40,892	41,224	40,657	40,515	40,266	40,106	39,026	39,041	37,930	38,211	39,198	39,448	41,062	40,774	43,248	47,667	46,426	47,723	132,643	46,197	50,999	54,861	74,306	40,022	37,803
Property and casualty insurance premiums
19,267	18,365	13,424	14,121	17,668	16,283	12,781	14,166	16,093	15,026	11,815	12,132	14,938	14,009	11,255	11,987	14,105	13,372	10,556	10,791	13,584	12,463	9,618	10,000	12,219	10,867	7,966	8,336	9,816	8,947	7,243	7,555	9,429	8,749	6,898	7,227	8,998	8,300	6,179
Net investment and interest income
33,782	33,098	35,749	25,891	32,211	28,227	24,605	27,966	28,821	26,469	27,217	26,522	22,833	25,590	27,331	23,468	19,026	22,151	21,972	21,074	20,752	21,856	21,046	19,755	20,887	19,960	18,989	29,930	22,603	15,853	14,517	25,154	15,234	15,901	17,263	23,303	13,213	12,874	13,355
Other revenue
51,943	76,752	63,314	41,425	51,342	70,766	55,832	36,209	39,072	61,200	47,553	32,358	36,327	57,278	45,748	28,255	32,188	49,563	42,165	26,334	35,497	52,772	45,596	29,157	36,522	53,774	41,340	20,963	22,188	28,679	25,722	18,489	17,619	22,106	20,316	12,593	13,212	16,604	13,094
Total revenues
927,880	1,150,214	1,079,249	725,532	919,091	1,104,507	1,019,577	757,621	842,882	1,042,686	957,925	709,436	790,455	998,685	923,191	683,009	744,751	962,903	884,805	642,730	706,355	906,491	818,955	601,741	645,331	839,223	748,957	564,307	582,487	744,117	667,676	532,792	633,089	703,181	642,965	498,454	529,982	636,976	585,947
Costs and expenses:
Operating expenses
517,453	565,413	534,472	476,815	478,461	529,350	496,554	460,274	437,840	492,250	416,692	394,534	389,352	398,213	385,082	344,440	356,156	406,282	363,169	393,448	338,692	383,970	363,299	318,390	322,106	361,551	311,627	310,042	290,285	310,214	283,393	257,041	269,834	294,340	271,975	250,198	252,986	270,259	253,134
Commission expenses
66,542	86,099	80,899	56,324	67,493	85,334	79,257	54,502	63,487	83,351	75,365	51,900	61,052	80,462	73,816	50,423	58,347	80,799	73,058	48,703	58,439	76,160	66,340	37,927	50,679	70,099	68,627	23,957	51,130	68,564	61,107	43,325	47,864	64,049	56,952	38,832	42,367	57,613	52,169
Cost of sales
35,318	43,930	48,929	31,710	34,149	46,402	49,881	36,033	33,995	42,866	47,595	35,634	32,537	40,952	43,362	34,394	29,460	39,881	41,255	33,857	30,751	39,836	41,628	28,939	28,229	34,532	35,570	20,924	23,153	30,912	32,227	26,813	24,505	32,446	32,778	22,170	22,586	29,603	31,665
Benefits and losses
42,864	45,825	49,006	-36,919	42,869	45,773	48,554	45,314	45,168	47,109	47,720	43,468	45,403	46,836	47,003	39,043	41,574	43,428	43,391	38,334	40,084	39,558	40,784	37,447	38,630	37,992	42,633	41,258	42,608	48,472	48,338	52,051	173,748	44,462	49,930	57,396	70,312	37,383	35,422
Amortization of deferred policy acquisition costs
8,046	6,515	6,064	9,972	6,654	5,899	6,031	6,297	5,952	5,944	6,321	7,087	5,200	5,989	7,942	7,713	5,138	5,643	4,778	6,465	4,722	4,290	4,184	5,785	4,457	6,057	3,683	8,086	3,391	3,088	2,811	3,075	3,666	2,675	4,375	2,945	2,480	1,876	2,193
Lease expense
6,490	6,356	7,036	8,929	7,890	8,170	8,169	8,683	8,415	8,575	8,287	8,139	8,807	9,349	11,048	9,531	10,461	12,724	17,064	18,848	18,705	19,775	22,470	23,173	24,468	25,818	27,007	27,486	27,575	29,591	32,796	31,944	32,325	32,712	34,234	37,020	37,159	37,964	38,666
Depreciation, net of (gains) losses on disposals
170,074	151,553	140,600	151,518	143,473	132,625	126,427	146,707	137,061	133,144	126,335	125,199	118,541	109,904	95,381	91,462	85,713	63,078	50,982	68,238	81,810	67,066	61,051	68,181	70,789	63,208	57,434	60,518	62,399	58,954	56,125	60,205	56,274	48,064	44,358	-	-	44,157	44,589
Gain Loss Disposal Of Assets
528	-217	-1,622	34	0	10	0	2,829	192,404	-166	347	-	2,418	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total costs and expenses
847,315	905,474	865,384	698,295	780,989	853,563	814,873	754,619	539,514	813,073	728,662	664,789	658,474	691,705	663,634	576,461	586,849	651,835	593,697	607,893	573,203	630,655	599,756	519,842	539,358	599,257	546,581	492,271	500,541	549,795	516,797	474,454	608,216	518,748	494,602	458,266	478,705	478,855	457,838
Earnings (loss) from operations before equity in earnings of subsidiaries
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	81,946	194,322	-	-	-	-	-	-	-	-	-
Equity in earnings of subsidiaries
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	0	-	-	-	-	-	-
Operating Income (Loss)
80,565	244,740	213,865	27,237	138,102	250,944	204,704	3,002	303,368	229,613	229,263	44,647	131,981	306,980	259,557	106,548	157,902	311,068	291,108	34,837	133,152	275,836	219,199	81,899	105,973	239,966	202,376	72,036	81,946	194,322	150,879	58,338	24,873	184,433	148,363	40,188	51,277	158,121	128,109
Other Components Of Net Periodic Benefit Recovery Costs
-	-	-	-	-	-	-	232	231	232	232	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest expense
-	-	-	-	-	-	-	32,780	31,558	32,023	30,345	30,209	28,782	27,989	26,426	26,235	25,407	23,973	22,100	22,781	25,719	24,877	24,148	22,639	23,607	23,118	23,328	23,016	22,076	22,113	23,491	22,031	22,744	22,963	22,633	22,893	22,236	21,788	21,464
Fees And Amortization On Early Extinguishment Of Debt
-	-	-	-	-	-	-	-	-	-	-	-	499	-	-	-	0	-	-	-	-	4,081	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-
Pretax earnings
40,329	205,354	174,714	-10,350	103,022	215,660	169,197	-30,010	271,579	197,358	198,686	13,536	102,700	278,991	233,131	80,313	132,495	287,095	269,008	12,056	107,433	246,878	195,051	59,260	82,366	216,848	179,048	49,020	59,870	172,209	127,388	36,307	2,129	161,470	125,730	17,295	29,041	136,333	106,645
Income tax expense
-	-	-	-	-	-	-	-40,853	-257,315	72,719	72,479	3,988	37,472	102,516	85,958	27,745	50,726	103,716	97,723	2,576	40,893	90,631	70,577	20,049	30,145	78,857	66,080	11,147	23,024	62,789	46,819	10,902	1,401	60,459	47,507	4,049	10,433	51,114	40,143
Earnings available to common stockholders
30,932	156,326	132,422	831	78,635	163,542	127,849	10,843	528,894	124,639	126,207	9,548	65,228	176,475	147,173	-	81,769	183,379	-	-	66,540	156,247	-	-	-	-	-	-	-	-	80,569	25,405	728	101,011	78,223	13,246	18,608	85,219	66,502
Less: Excess of redemption value over carrying value of preferred shares redeemed
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	5,908	7	0	140	31
Less: Preferred stock dividends
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-164	3,077	3,076	3,079	3,101	3,156
Earnings available to common shareholders
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	171,285	-	-	-	124,474	-	52,221	137,991	112,968	-	36,846	109,420	80,569	25,405	728	101,175	69,238	10,163	15,529	81,978	63,315
Basic and diluted earnings per common share
1.58	7.97	6.76	0.04	4.01	8.35	6.53	0.56	27.00	6.36	6.44	0.49	3.33	9.01	7.51	2.68	4.17	9.36	8.74	0.47	3.40	7.98	6.36	2.00	2.67	7.06	5.78	1.93	1.89	5.61	4.13	1.29	0.04	5.20	3.56	0.52	0.80	4.22	3.26
Weighted average common shares outstanding: basic and diluted
19,607	19,602	19,597	19,594	19,591	19,591	19,590	19,589	19,589	19,588	19,587	19,587	19,586	19,586	19,586	19,591	19,599	19,597	19,596	19,593	19,590	19,584	19,577	19,571	19,563	19,554	19,545	19,536	19,523	19,512	19,502	19,492	19,481	19,470	19,460	19,449	19,439	19,427	19,414