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Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Revenues $ 682.4 $ 656.4 $ 1,321.0 $ 1,265.9
Operating expenses:        
Compensation and benefits 122.3 125.2 243.9 242.6
Purchased services 49.5 51.4 96.6 100.2
Fuel 85.5 78.9 166.8 154.3
Mexican fuel excise tax credit (8.0) (12.8) (17.2) (24.5)
Equipment costs 30.7 31.2 62.9 62.4
Depreciation and amortization 86.3 80.4 169.6 159.7
Materials and other 70.3 62.8 133.9 121.2
Total operating expenses 436.6 417.1 856.5 815.9
Operating income 245.8 239.3 464.5 450.0
Equity in net earnings of affiliates 1.0 2.9 2.0 6.9
Interest expense (28.0) (25.0) (53.5) (49.7)
Debt retirement costs (2.2) 0.0 (2.2) 0.0
Foreign exchange gain (loss) (21.0) 14.2 6.8 61.0
Other income (expense), net 0.5 (0.1) 0.2 1.0
Income before income taxes 196.1 231.3 417.8 469.2
Income tax expense 47.4 96.6 124.2 187.6
Net income 148.7 134.7 293.6 281.6
Less: Net income attributable to noncontrolling interest 0.5 0.3 0.9 0.6
Net income attributable to Kansas City Southern and subsidiaries 148.2 134.4 292.7 281.0
Preferred stock dividends 0.0 0.0 0.1 0.1
Net income available to common stockholders $ 148.2 $ 134.4 $ 292.6 $ 280.9
Earnings per share:        
Basic earnings per share $ 1.45 $ 1.27 $ 2.86 $ 2.66
Diluted earnings per share $ 1.45 $ 1.27 $ 2.85 $ 2.65
Average shares outstanding (in thousands):        
Basic 102,092 105,473 102,332 105,792
Potentially dilutive common shares 400 285 401 250
Diluted 102,492 105,758 102,733 106,042