InfraREIT, Inc. (HIFR) [Rocket]

In millions, except per share items	Mar-31-19	Dec-31-18	Sep-30-18	Jun-30-18	Mar-31-18	Dec-31-17	Sep-30-17	Jun-30-17
	10-Q	10-K	10-Q/A	10-Q	10-Q	10-K	10-Q/A	10-Q
Revenues	48.6			47.8	45.7			40.4
Revenue growth	6.4%			18.3%	15.2%			19.6%
Cost of goods sold	0.0			0.0	0.0			0.0
Gross profit	48.6			47.8	45.7			40.4
Gross margin	100.0%			100.0%	100.0%			100.0%
Selling, general and administrative [+]	7.1			6.6	6.1			6.9
General and administrative	7.1			6.6	6.1			6.9
Other operating expenses	12.2			12.0	11.6			13.0
EBITDA [+]	41.5			41.2	39.6			33.6
EBITDA growth	4.8%			22.8%	17.6%			16.5%
EBITDA margin	85.4%			86.1%	86.7%			83.0%
Depreciation and amortization	12.2			12.0	11.6			13.0
EBIT [+]	29.3			29.2	28.0			20.6
EBIT growth	4.6%			41.9%	33.6%			18.3%
EBIT margin	60.3%			61.1%	61.3%			50.9%
Interest expense	10.1			11.1	10.7			10.1
Interest expense	10.1			11.1	10.7			10.1
Other income (expense), net	0.0			0.4	0.7			0.0
Pre-tax income	19.2			18.5	18.1			10.5
Income taxes	0.3			-5.4	0.3			0.3
Tax rate	1.3%				1.6%			3.1%
Minority interest	5.2			6.6	4.9			2.8
Net income	13.7			17.3	12.9			7.3
Net margin	28.3%			36.2%	28.2%			18.1%

Basic EPS [+]	$0.31			$0.39	$0.29			$0.17
Growth	6.4%			136.2%	61.6%			10.1%
Diluted EPS [+]	$0.31			$0.39	$0.29			$0.17
Growth	6.4%			136.2%	61.6%			10.1%

Dividends per share [+]	$0.25			$0.25	$0.25			$0.25
Growth	0.0%			0.0%	0.0%	-100.0%		0.0%

Shares outstanding (basic) [+]	44.0			44.0	43.8			43.8
Growth	0.4%			0.4%	0.1%			0.5%
Shares outstanding (diluted) [+]	44.0			44.0	43.8			43.8
Growth	0.4%			0.4%	0.1%			0.5%

EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.