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Mid-America Apartment Communities, Inc.$134.08$.66.49%

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Income Statement for Mid-America Apartment Communities, Inc.
(Amounts are in millions) 12/2018 12/2017 12/2016
Press Release Press Release Press Release
Net Sales or Revenues $1,571.35 $1,528.99 $1,125.35
Cost of Goods Sold $642.22 $620.32 $427.73
Gross Profit $929.12 $908.67 $697.61
       
Research & Development Expense $0.00 $0.00 $0.00
Selling, General, & Admin. Expense $43.90 $60.18 $102.51
Income Before Depreciation $885.23 $848.48 $595.11
       
Depreciation, Depletion, Amortization $489.76 $493.71 $322.96
Non-Operating Income $9.93 $141.76 $83.66
Interest Expense $173.59 $154.75 $129.95
Pretax Income $231.80 $341.79 $225.86
       
Provision for Income Taxes $2.61 $2.62 $1.70
Minority Interest $8.12 $12.16 $12.18
Investment Gains (Losses) $1.83 $1.37 $0.24
Other Income $0.00 $0.00 $0.00
Income Before Extraordinaries $231.02 $340.54 $224.40
       
Extraordinary Items & Disc. Operations $0.00 $0.00 $0.00
Net Income $222.90 $328.38 $212.22
       
Basic Earnings Per Share $1.93 $2.86 $2.69
Diluted Earnings Per Share $1.93 $2.86 $2.69
       
Weighted Average Basic Shares Outstanding 113.84 113.41 78.50
Weighted Average Diluted Shares Outstanding 113.84 113.69 78.80
       
Income Before Non-Recurring Items $222.90 $328.38 $239.15
Income From Non-Recurring Items $0.00 $0.00 ($26.92)
Diluted Earnings Per Share before extras $1.93 $2.86 $3.01
       
Dividend (preferred) $3.20 $4.03 $0.26
Dividend (common) $420.06 $395.42 $386.18
Dividend Per Share (common) $3.69 $3.48 $3.28




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