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Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Revenues $ 714.0 $ 682.4 $ 1,388.8 $ 1,321.0
Operating expenses:        
Compensation and benefits 128.3 122.3 257.2 243.9
Purchased services 56.7 49.5 109.5 96.6
Fuel 87.7 85.5 170.7 166.8
Mexican fuel excise tax credit 0.0 (8.0) 0.0 (17.2)
Equipment costs 26.3 30.7 56.7 62.9
Depreciation and amortization 87.7 86.3 176.2 169.6
Materials and other 68.3 70.3 131.7 133.9
Restructuring charges 51.0 0.0 118.5 0.0
Total operating expenses 506.0 436.6 1,020.5 856.5
Operating income 208.0 245.8 368.3 464.5
Equity in net earnings (losses) of affiliates (0.2) 1.0 1.5 2.0
Interest expense (28.0) (28.0) (56.2) (53.5)
Debt retirement costs 0.0 (2.2) (0.6) (2.2)
Foreign exchange gain (loss) 8.3 (21.0) 12.9 6.8
Other income, net 0.1 0.5 0.2 0.2
Income before income taxes 188.2 196.1 326.1 417.8
Income tax expense 59.1 47.4 93.8 124.2
Net income 129.1 148.7 232.3 293.6
Less: Net income attributable to noncontrolling interest 0.4 0.5 0.8 0.9
Net income attributable to Kansas City Southern and subsidiaries 128.7 148.2 231.5 292.7
Preferred stock dividends 0.0 0.0 0.1 0.1
Net income available to common stockholders $ 128.7 $ 148.2 $ 231.4 $ 292.6
Earnings per share:        
Basic earnings per share $ 1.29 $ 1.45 $ 2.31 $ 2.86
Diluted earnings per share $ 1.28 $ 1.45 $ 2.30 $ 2.85
Average shares outstanding (in thousands):        
Basic 100,028 102,092 100,264 102,332
Potentially dilutive common shares 394 400 405 401
Diluted 100,422 102,492 100,669 102,733