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Mid-America Apartment Communities, Inc.$114.28$.46.40%

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Income Statement for Mid-America Apartment Communities, Inc.
(Amounts are in millions) 12/2019 12/2018 12/2017
Press Release Press Release Press Release
Net Sales or Revenues $1,641.02 $1,571.35 $1,528.99
Cost of Goods Sold $667.86 $642.22 $620.32
Gross Profit $973.16 $929.12 $908.67
       
Research & Development Expense $0.00 $0.00 $0.00
Selling, General, & Admin. Expense $46.12 $43.90 $60.18
Income Before Depreciation $927.04 $885.23 $848.48
       
Depreciation, Depletion, Amortization $496.84 $489.76 $493.71
Non-Operating Income $118.31 $9.93 $141.76
Interest Expense $179.85 $173.59 $154.75
Pretax Income $368.66 $231.80 $341.79
       
Provision for Income Taxes $3.70 $2.61 $2.62
Minority Interest $12.81 $8.12 $12.16
Investment Gains (Losses) $1.65 $1.83 $1.37
Other Income $0.00 $0.00 $0.00
Income Before Extraordinaries $366.62 $231.02 $340.54
       
Extraordinary Items & Disc. Operations $0.00 $0.00 $0.00
Net Income $353.81 $222.90 $328.38
       
Basic Earnings Per Share $3.07 $1.93 $2.86
Diluted Earnings Per Share $3.07 $1.93 $2.86
       
Weighted Average Basic Shares Outstanding 113.85 113.84 113.41
Weighted Average Diluted Shares Outstanding 114.11 113.84 113.69
       
Income Before Non-Recurring Items $353.81 $222.90 $328.38
Income From Non-Recurring Items $0.00 $0.00 $0.00
Diluted Earnings Per Share before extras $3.07 $1.93 $2.86
       
Dividend (preferred) $4.28 $3.20 $4.03
Dividend (common) $438.01 $420.06 $395.42
Dividend Per Share (common) $3.84 $3.69 $3.48




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