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Financial Highlights

Financial Highlights


($ millions, except 
per share amounts)
First Quarter Year
2019 2018 Increase 2019 2018 Increase
Marine Revenues $368.1 $340.4 $27.7 $368.1 $340.4 $27.7
Distribution & Services Revenues 376.5 401.3 (24.8) 376.5 401.3 (24.8)
Total Revenues 744.6 741.7 2.9 744.6 741.7 2.9
Operating Income 72.1 50.7 21.4 72.1 50.7 21.4
Net Earnings Attributable to Kirby 44.3 32.5 11.8 44.3 32.5 11.8
EPS – diluted 0.74 0.54 0.20 0.74 0.54 0.20
             
Excluding One-time Items:
Operating Income 1 72.1 57.9 14.2 72.1 57.9 14.2
Net Earnings Attributable to Kirby 1 44.3 37.9 6.4 44.3 37.9 6.4
EPS - diluted 1 0.74 0.63 0.11 0.74 0.63 0.11

Note: See Reconciliation of GAAP to Non-GAAP Financial Measures Excluding One-Time Items under "Financial Reports" below.

1 FY 2018 operating income, net earnings attributable to Kirby, and earnings per share exclude the following one-time charges:
- 1Q 2018 charges of $7.2 million before-tax or $0.09 per share related to:
* Higman Marine acquisition fees and expenses of $3.3 million before-tax, or $0.04 per share
* Expenses related to an amendment to the employee stock plan of $3.9 million before-tax, or $0.05 per share