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Income Statement
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Common Size IS
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QR Energy, LP (QRE)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsSep-30-14Jun-30-14Mar-31-14Dec-31-13Sep-30-13Jun-30-13Mar-31-13Dec-31-12
   10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K
Revenues   [+]505.4501.2473.4455.6433.7398.9382.8372.0
            Revenue growth  16.5%25.7%23.7%22.5%-1.4%-3.6%-2.4%3.1%
Cost of goods sold  0.00.00.00.00.00.00.00.0
Gross profit  505.4501.2473.4455.6433.7398.9382.8372.0
            Gross margin  100.0%100.0%100.0%100.0%100.0%100.0%100.0%100.0%
Selling, general and administrative   [+]40.341.342.041.942.842.342.442.3
Other operating expenses  246.0237.1225.1216.8207.9195.3188.5178.2
EBITDA   [+]248.8252.5236.0226.6212.9191.1181.7181.4
            EBITDA margin  49.2%50.4%49.9%49.7%49.1%47.9%47.5%48.8%
Depreciation and amortization  122.9118.3114.2115.2115.4113.7112.3105.8
EBIT   [+]125.9134.2121.8111.497.677.569.475.6
            EBIT margin  24.9%26.8%25.7%24.5%22.5%19.4%18.1%20.3%
Non-recurring items  9.96.25.62.55.14.95.85.3
Interest expense  50.553.349.248.047.145.145.443.1
Other income (expense), net   [+]-0.4-133.8-11.90.4-9.4-14.962.253.1
Pre-tax income  65.0-59.255.161.336.012.680.480.3
Income taxes  0.2-0.1-0.3-0.40.1-0.1-0.9-0.9
            Tax rate  0.3%    -1.0% -1.1%
Minority interest  0.10.00.40.70.2   
Net income  64.5-59.354.760.735.712.779.879.8
            Net margin  12.8%-11.8%11.6%13.3%8.2%3.2%20.8%21.4%
   
Basic EPS   [+] ($6.29)$2.01$1.81$0.84$0.30$3.34$4.50
Diluted EPS   [+] ($6.29)$2.01$1.81$0.84$0.30$3.33$4.49
   
   
Shares outstanding (basic)   [+]    42.341.823.917.7
Shares outstanding (diluted)   [+]    42.341.823.917.8
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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