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Selected Quarterly Financial Data (Unaudited) (Tables)
12 Months Ended
Dec. 31, 2015
Quarterly Financial Information Disclosure [Abstract]  
Selected Quarterly Financial Data

The following table details our selected quarterly data (in thousands, except per share and unit data):

 

 

 

Three Months Ended,

 

Prologis, Inc.

 

March 31,

 

 

June 30,

 

 

September 30,

 

 

December 31,

 

2015:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total revenues

 

$

462,847

 

 

$

510,404

 

 

$

580,622

 

 

$

643,201

 

Operating income

 

$

83,881

 

 

$

87,348

 

 

$

103,392

 

 

$

105,551

 

Consolidated net earnings

 

$

351,312

 

 

$

140,260

 

 

$

307,186

 

 

$

126,757

 

Net earnings attributable to common stockholders

 

$

345,206

 

 

$

140,240

 

 

$

258,979

 

 

$

118,363

 

Net earnings per share attributable to common stockholders – Basic (1)

 

$

0.67

 

 

$

0.27

 

 

$

0.49

 

 

$

0.23

 

Net earnings per share attributable to common stockholders – Diluted (1) (2)

 

$

0.65

 

 

$

0.27

 

 

$

0.49

 

 

$

0.23

 

2014:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total revenues

 

$

434,682

 

 

$

460,089

 

 

$

415,151

 

 

$

450,865

 

Operating income

 

$

71,466

 

 

$

95,274

 

 

$

78,112

 

 

$

74,956

 

Consolidated net earnings

 

$

12,003

 

 

$

152,430

 

 

$

147,127

 

 

$

427,724

 

Net earnings attributable to common stockholders

 

$

4,666

 

 

$

72,715

 

 

$

136,245

 

 

$

408,609

 

Net earnings per share attributable to common stockholders – Basic (1)

 

$

0.01

 

 

$

0.15

 

 

$

0.27

 

 

$

0.82

 

Net earnings per share attributable to common stockholders – Diluted (1) (2)

 

$

0.01

 

 

$

0.13

 

 

$

0.23

 

 

$

0.81

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Prologis, L.P.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2015:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total revenues

 

$

462,847

 

 

$

510,404

 

 

$

580,622

 

 

$

643,201

 

Operating income

 

$

83,881

 

 

$

87,348

 

 

$

103,392

 

 

$

105,551

 

Consolidated net earnings

 

$

351,312

 

 

$

140,260

 

 

$

307,186

 

 

$

126,757

 

Net earnings attributable to common unitholders

 

$

346,488

 

 

$

141,538

 

 

$

262,155

 

 

$

123,733

 

Net earnings per unit attributable to common unitholders – Basic (1)

 

$

0.67

 

 

$

0.27

 

 

$

0.49

 

 

$

0.23

 

Net earnings per unit attributable to common unitholders – Diluted (1) (2)

 

$

0.65

 

 

$

0.27

 

 

$

0.49

 

 

$

0.23

 

2014:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total revenues

 

$

434,682

 

 

$

460,089

 

 

$

415,151

 

 

$

450,865

 

Operating income

 

$

71,466

 

 

$

95,274

 

 

$

78,112

 

 

$

74,956

 

Consolidated net earnings

 

$

12,003

 

 

$

152,430

 

 

$

147,127

 

 

$

427,724

 

Net earnings attributable to common unitholders

 

$

4,683

 

 

$

72,973

 

 

$

136,738

 

 

$

410,042

 

Net earnings per unit attributable to common unitholders – Basic (1)

 

$

0.01

 

 

$

0.15

 

 

$

0.27

 

 

$

0.82

 

Net earnings per unit attributable to common unitholders – Diluted (1) (2)

 

$

0.01

 

 

$

0.13

 

 

$

0.23

 

 

$

0.81

 

 

(1)

Quarterly earnings per common share or unit amounts may not total to the annual amounts due to rounding and the changes in the number of weighted common shares or units outstanding included in the calculation of basic and diluted shares or units.

 

(2)

Income allocated to the exchangeable Operating Partnership units not held by the Parent has been included in the numerator and exchangeable Operating Partnership units have been included in the denominator for the purpose of computing diluted earnings per share for all periods since the per share and unit is the same.