WASTE CONNECTIONS, INC. WCN Income Statement

Waste connections, inc. (WCN)

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	Sep'15	Jun'15
Revenues
1,352,404	1,361,959	1,412,444	1,369,639	1,244,637	1,261,732	1,281,110	1,239,968	1,140,131	1,157,175	1,206,478	1,175,569	1,091,266	1,048,622	1,084,922	727,639	514,680	547,938	531,312
Operating expenses:
Cost of operations
815,424	814,150	835,098	815,819	733,690	744,757	736,122	725,022	659,803	680,373	695,122	685,900	643,380	617,948	636,310	416,262	287,192	300,910	297,437
Selling, general and administrative
136,052	136,145	137,883	139,664	132,586	125,805	139,014	128,261	131,308	126,037	128,200	126,350	129,051	124,268	129,576	152,737	67,682	59,799	57,264
Depreciation
150,821	156,779	157,994	156,776	146,847	148,841	148,232	142,450	133,185	135,179	136,941	132,827	125,240	122,611	125,744	84,348	60,897	61,373	59,639
Amortization of intangibles
31,638	31,702	31,934	31,344	30,542	28,336	26,871	26,474	26,098	25,412	26,613	24,762	25,510	21,593	26,944	14,081	7,694	7,195	7,264
Impairments and other operating items
1,506	28,999	12,935	3,902	16,112	14,013	-1,998	7,073	1,030	15,160	832	-1,180	141,681	23,044	7,682	-3,284	236	493,813	-316
Operating income
216,963	194,184	236,600	222,134	184,860	199,980	232,869	210,688	188,707	175,014	218,770	206,910	26,404	139,158	158,666	63,495	90,979	-375,152	110,024
Interest expense
37,990	36,056	36,780	37,245	37,287	35,230	32,078	32,426	32,370	32,535	32,471	31,160	29,131	27,419	27,621	20,485	17,184	16,367	15,322
Interest income
2,175	2,592	2,056	1,818	3,311	3,492	1,467	1,056	1,155	2,042	1,656	1,026	449	-	171	-	-	-	-
Other income (expense), net
-9,521	2,257	-19	805	2,661	-2,414	600	2,031	-387	-2,024	1,709	834	1,017	45	500	-714	222	-1,303	92
Foreign currency transaction gain (loss)
-	-	-	1,115	-	-	-	30	-221	-	-1,864	-1,048	-590	-	-350	689	-	-	-
Income before income tax provision
171,627	161,862	201,857	188,627	153,545	166,019	202,858	181,379	156,884	145,999	187,800	176,562	-1,851	112,997	131,366	42,985	74,017	-392,822	94,794
Income tax provision
28,734	28,671	42,783	39,788	27,968	33,477	52,092	42,565	31,852	-169,104	64,390	52,675	-16,871	27,294	42,485	15,265	29,000	-136,017	37,153
Net income
142,893	133,191	159,074	148,839	125,577	132,542	150,766	138,814	125,032	315,103	123,410	123,887	15,020	85,703	88,881	27,720	45,017	-256,805	57,641
Plus (less): Net loss (income) attributable to noncontrolling interests
-142	-71	-35	-9	-45	65	-77	132	163	43	183	231	146	111	264	231	175	204	281
Net income attributable to Waste Connections
143,035	133,262	159,109	148,848	125,622	132,477	150,843	138,682	124,869	315,060	123,227	123,656	14,874	85,592	88,617	27,489	44,842	-257,009	57,360
Earnings per common share attributable to Waste Connections' common shareholders:
Basic
0.54	0.51	0.60	0.56	0.48	0.50	0.57	0.53	0.47	1.19	0.47	0.47	0.06	0.23	0.34	0.13	0.37	-2.08	0.46
Diluted
0.54	0.50	0.60	0.56	0.48	0.51	0.57	0.52	0.47	1.18	0.47	0.47	0.06	0.24	0.34	0.13	0.36	-2.08	0.46
Shares used in the per share calculations:
Basic
263,790	263,866	263,853	263,846	263,603	263,452	263,628	263,691	263,827	264,838	263,443	263,387	263,061	325,210	263,005	210,305	122,778	123,269	124,079
Diluted
264,353	264,686	264,587	264,494	264,336	264,267	264,394	264,332	264,588	264,897	264,299	264,109	263,903	326,344	263,650	210,880	123,450	123,269	124,352
Cash dividends per common share
0.18	0.18	0.16	0.16	0.16	0.16	0.14	0.14	0.14	0.14	0.12	0.12	0.12	0.07	0.09	0.09	0.14	0.13	0.13