XML 87 R4.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
CONSOLIDATED STATEMENTS OF EARNINGS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Revenues:      
Total revenues $ 2,838,399 $ 2,970,697 $ 2,214,418
Costs and expenses:      
Costs of sales and operating expenses 2,030,046 2,160,946 1,558,098
Selling, general and administrative 312,913 304,397 220,452
Taxes, other than on income 41,933 39,251 29,163
Depreciation and amortization 219,632 224,972 202,881
Impairment of long-lived assets 0 82,705 105,712
Impairment of goodwill 0 2,702 0
Lease cancellation costs 0 2,403 0
Loss (gain) on disposition of assets (8,152) (1,968) 4,487
Total costs and expenses 2,596,372 2,815,408 2,120,793
Operating income 242,027 155,289 93,625
Equity in earnings of affiliates 379 355 291
Other income 3,408 5,371 570
Interest expense (55,994) (46,856) (21,472)
Earnings before taxes on income 189,820 114,159 73,014
Benefit (provision) for taxes on income (46,801) (35,081) 240,889
Net earnings 143,019 79,078 313,903
Less: Net earnings attributable to noncontrolling interests (672) (626) (716)
Net earnings attributable to Kirby $ 142,347 $ 78,452 $ 313,187
Net earnings per share attributable to Kirby common stockholders:      
Basic (in dollars per share) $ 2.38 $ 1.31 $ 5.62
Diluted (in dollars per share) $ 2.37 $ 1.31 $ 5.62
Marine Transportation [Member]      
Revenues:      
Total revenues $ 1,587,082 $ 1,483,143 $ 1,324,106
Distribution and Services [Member]      
Revenues:      
Total revenues $ 1,251,317 $ 1,487,554 $ 890,312