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SOUTHWEST GAS CORP (SWX)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsJun-30-23Mar-31-23Dec-31-22Sep-30-22Jun-30-22Mar-31-22Dec-31-21Sep-30-21
   10-Q10-Q8-K10-Q10-Q10-Q10-K10-Q
Operating revenues:          
Regulated operations revenues  487.9950.0 367.1440.0743.5451.2255.8
Utility infrastructure services revenues  805.8653.3 758.5706.1523.9633.2632.8
    Total operating revenues  1,293.61,603.3138.11,125.61,146.11,267.4429.6888.7
            Total operating revenues growth  12.9%26.5%-67.9%26.7%39.5%43.1%15.4%337.6%
Operating expenses:          
Net cost of gas sold  231.1507.5 101.0147.9298.9134.763.7
Operations and maintenance  128.8148.9 154.2175.8149.3138.7122.9
Depreciation and amortization  111.7112.5 116.9108.0122.6103.491.4
Taxes other than income taxes  21.624.220.823.422.624.820.220.1
Utility infrastructure services expenses  715.7603.7 680.1646.2503.2573.9567.3
Goodwill impairment and loss on sale   71.2      
    Total operating expenses  1,208.91,468.120.81,075.71,100.51,098.9970.9865.4
    Operating income (loss)  84.8135.2117.349.945.7168.5113.523.3
            Operating margin  6.6%8.4%85.0%4.4%4.0%13.3%26.4%2.6%
   
Other income and (expenses):          
Net interest deductions  -69.3-77.3 -64.4-53.2-48.4-38.0-31.3
Other income (deductions)  19.618.5 1.6-2.81.20.5-3.1
    Total other income and (expenses)  -49.7-58.9 -62.8-56.0-47.1-37.5-34.4
    Income (loss) before income taxes  35.076.3 -12.8-10.4121.476.0-11.1
Income tax expense (benefit)  4.828.7 -1.5-4.324.14.8-1.8
Net income (loss)  30.347.7-280.6-11.3-6.197.371.2-9.3
Net income attributable to noncontrolling interests  1.41.7 1.00.51.11.22.3
    Net income (loss) attributable to Southwest Gas Holdings, Inc.  28.945.9 -12.3-6.696.269.9-11.6
   
Earnings (loss) per share:          
Basic (in USD per share)  $0.40$0.67 ($0.18)($0.10)$1.58$1.16($0.19)
Diluted (in USD per share)  $0.40$0.67 ($0.18)($0.10)$1.58$1.16($0.19)
   
Weighted average shares:          
Basic (in shares)  71.568.367.267.267.060.759.159.7
Diluted (in shares)  71.768.467.267.367.060.959.359.8

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