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Landstar System, Inc.$102.48($.46)(.45%)

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Income Statement for Landstar System, Inc.
(Amounts are in millions) 12/2018 12/2017 12/2016
Press Release Press Release Press Release
Net Sales or Revenues $4,618.96 $3,648.86 $3,169.14
Cost of Goods Sold $3,569.96 $2,805.11 $2,415.66
Gross Profit $1,049.00 $843.75 $753.47
       
Research & Development Expense $0.00 $0.00 $0.00
Selling, General, & Admin. Expense $673.69 $559.23 $494.43
Income Before Depreciation $375.31 $284.53 $259.05
       
Depreciation, Depletion, Amortization $43.57 $40.56 $35.80
Non-Operating Income $0.00 $0.00 $0.00
Interest Expense $3.35 $3.17 $3.79
Pretax Income $328.38 $240.80 $219.46
       
Provision for Income Taxes $73.17 $63.81 $82.11
Minority Interest ($0.07) ($0.09) $0.00
Investment Gains (Losses) $0.00 $0.00 $0.00
Other Income $0.00 $0.00 $0.00
Income Before Extraordinaries $255.21 $177.00 $137.35
       
Extraordinary Items & Disc. Operations $0.00 $0.00 $0.00
Net Income $255.28 $177.09 $137.35
       
Basic Earnings Per Share $6.19 $4.22 $3.26
Diluted Earnings Per Share $6.18 $4.21 $3.25
       
Weighted Average Basic Shares Outstanding 41.27 41.94 42.11
Weighted Average Diluted Shares Outstanding 41.31 42.02 42.24
       
Income Before Non-Recurring Items $255.28 $157.59 $137.35
Income From Non-Recurring Items $0.00 $19.50 $0.00
Diluted Earnings Per Share before extras $6.18 $3.75 $3.25
       
Dividend (preferred) N/A N/A N/A
Dividend (common) $85.45 $15.96 $14.20
Dividend Per Share (common) $2.13 $0.38 $0.34




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